All values, unless otherwise stated, are in US dollars.
The Economy of Porto Alegre is the fastest growing economy in Brazil and is currently the country's 7th largest regional economy.[1] The city of Porto Alegre has a population of approximately 1.4 million people (the countries 12th largest). The history of Porto Alegre, particularly during the industrial revolution established its economy and the basis of the current industrial sector in the city.[2]
Porto Alegre has a gross domestic product (GDP) per capita of $18,770.[3] The main contributors to the economy of Porto Alegre are services, followed by industry and then agriculture. The main features of the service sector include education, health and tourism, as well as computers/technology. In terms of industry features; the economy of Porto Alegre relies on shoe/leather making, petrochemicals and the manufacturing of cars. The importance of the agricultural sector is due to the environment of Porto Alegre being suitable for the production of tobacco and the raising of livestock.[3] The concept of Participatory Budgeting originated in Porto Alegre[4] and the city is a lead exporter for the state of Rio Grande do Sul.[5]
^"Invest in Brazil News | Invest in Brazil". investinbrazil.biz. Retrieved 2020-05-21.
^Cite error: The named reference :9 was invoked but never defined (see the help page).
^ abWilson, J; Prchal Svajlenka, N (2016). "Porto Alegre Metropolitan Area Profile" (PDF). Brookings.
^"This city's budget is decided by its citizens". World Economic Forum. Retrieved 2020-05-26.
^"Participation in Exports and Products". Socioeconomic Atlas of Rio Grande do Sul. 2018-12-27. Retrieved 2020-05-26.
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