Study shows 5 major cities account for quarter of Brazil's GDP

The gross domestic product (GDP) of five major Brazilian cities made up a quarter of the country's total, said a study released by the Brazilian Institute of Geography and Statistics (IBGE) Wednesday.

The GDP of Sao Paulo, Rio, Brasilia, Belo Horizonte and Curitiba amounted to 23.8 percent of Brazil's GDP in 2007, the study said.

Sao Paulo, the largest city in South America, generated 12 percent of the GDP, followed by Rio with 5.2 percent, Brasilia with 3.8 percent, and Belo Horizonte and Curitiba with 1.4 percent each.

Sao Paulo's GDP is bigger than that of all other individual states.

It also showed the 50 cities with the highest GDP produced half of Brazil's total in 2007, while the 1,342 cities with the smallest generated less than 1 percent of the total. There are 5,564 cities in Brazil.

Ten cities concentrated around 25 percent of the industrial sector's gross value added (GVA) in 2007, and merely Rio and Sao Paulo owned up to 25 percent of the tertiary sector's GVA.

Source:Xinhua