The Goiás economy grew by 5.5% in October this year, compared to the same month in 2023. The information is taken from the Index of Regional Economic Activity (IBCR), measured by the Central Bank and analyzed by the Mauro Borges Institute (IMB), affiliated with the Goiás government. Government of Goiás.
The index, which is issued an average of 45 days after the reference period, reflects the production of the agricultural, industrial and service sectors.
In the case of Goiás, there was also a positive variation in the 12-month period, with an increase of 4.1%, exceeding the national average of 3.4%. In the year to date, economic activity growth in Goiás has reached 3.2%.
Economy of Goiás
The upward trend has been seen since September, when the state recorded a 4.7% increase, compared to the same month in 2023. The numbers are a preview of the GDP.
In the assessment of the Secretary General of the Government, Adriano da Rocha Lima, economic activity can also be confirmed by other factors.
“This positive scenario can be seen in increased employment and income opportunities for the people of Goiás,” he highlights.
This year, Goiás registered the highest number of official jobs in the historical series compiled by the Ministry of Labor and Employment, reaching 1,603,179 jobs.
About IPCR
The Index of Regional Economic Activity (IBCR), which is measured by the central bank, is published monthly. According to the financial institution, it allows for more frequent monitoring of the development of economic activity, while the GDP, which is released quarterly, describes the overall picture of the economy.
The IBCR is based on the Annual Industrial Survey (PIA), the Annual Services Survey (PAS), and the Municipal Agricultural Production (PAM), among others. Government of Goiás
