Economy
Most of the city's active labor is absorbed by the tertiary sector (commerce and services). In spite of that, the primary and secondary sectors, especially agribusiness, still play an important role in the local economy. The farming of bovine livestock supplies local slaughterhouses, which in turn allows Campo Grande to export meat to other states in Brazil and abroad. In addition to food processing and agribusiness, construction and non-metallic mineral processing are important. The area's most important crops are soy, rice and manioc. Recently, sugar cane is becoming important as well. According to IBGE, Campo Grande has a total of 11,657 commercial and 1,300 industrial enterprises.
The city's GDP was R$11,6 billion (about of US$7,2 billions) in 2009, ranks as the richest city in the state, the fourth in the Central-West region of the country, and the 36th richest in Brazil (2009).
Per capita income was R$14.091 in 2008 (about of US$8,750).
Read more about this topic: Campo Grande
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)