As a Country, Sí£o Paulo City, Brazil, Would Be the World’s 47th Largest

São Paulo's downtown skyscrapers on the foreground If São Paulo city, in southeastern Brazil, were a country, it would be among the 50 largest economies in the world: in 47th place, ahead of Arab countries like Egypt, Kuwait and equal to New Zealand. This comparison was made by the Federation of Commerce of the State of São Paulo (Fecomércio-SP), in a study prepared to celebrate the 454 years of the largest city in South America, on January 25th.

The organization took into consideration the GDP of the city in 2005, US$ 102.4 billion – that of Egypt for the same year was US$ 89.3 billion and Kuwait's, US$ 80.8 billion.

"The idea of this analysis is to show the relevance of the city to the world," explained the economic advisor at the Fecomércio, Júlia Ximenes. Another comparison in the study was made considering the United States, the largest economy in the world: the GDP of São Paulo is ahead of that of 22 American states.

"Of course it is necessary to consider the difference between the countries. Comparing a city of 11 million inhabitants in a developing country to New Zealand, a small country, with a strong economy and a small population (4 million) is complicated. But it is valid to show the grandeur of the city," said Júlia. "Using the GDP in dollars is a way of proving this grandeur empirically."

The analysis also shows blatant figures. If, on the one hand, they show that the city of São Paulo has the power of a country, on the other hand they show the abyss between the city and the rest of Brazil.

In one of the comparisons, the Fecomércio study shows that the GDP of the city of São Paulo was equal to 94% of the GDP of all the states in the northeast of Brazil. And it is greater than the GDP of all the other Brazilian states, except the state of São Paulo, of which it is the capital. If the city of São Paulo were a state, it would be 37% richer than the state of Minas Gerais.

"The study may be read in two ways. It shows the importance of the city of São Paulo to the economy of Brazil. After all, it is an industrial, commercial, educational and cultural hub, etc. On the other hand, it shows how the country grows in an unequal manner," explained the Fecomércio economic advisor.

In 2005, the year chosen by Fecomércio for the study, São Paulo contributed with at least 4.3% of the GDP of Brazil with regard to taxes, or 90 billion Brazilian reais (US$ 51 billion) in taxes. On the other hand, the total budget from the federal government that the city received was 15 billion reais (US$ 8,5 billion).

The analysis also brings curious figures and numbers about the city. There are 38,000 bars and restaurants in São Paulo. In the city that is marked by Italian colonization, approximately 40,000 pizzas are made per hour.

And in the city where there is the largest Japanese colony outside Japan, some 16,800 sushis are made per hour. São Paulo is also known for its immense Arab colony, especially the Syrian-Lebanese. And for the Spanish, Portuguese, etc. The numbers of events are also superlative. There are 70,000 cultural events per year, being 4,800 theater plays.

Apart from that, the city concentrates nine of Brazil's ten largest magazine publishers, three of the five main newspapers and 98 of the 200 largest technology companies in the country and the largest medical and hospital center in Latin America.

Anba – www.anba.com.br

Tags:

You May Also Like

Conto English Version Conversa ao telefone

It is so rare to see Portuguese-language poems translated into English and published in ...

Cheap Crack Expected to Kill 300,000 Brazilians till 2016

The proliferation of crack has reached alarming numbers in Brazil. According to a report ...

Collegeless Join Homeless and Landless in Brazil

The Sans University Movement (MSU) pledges its support and promises that it will be ...

Director José Joffily on Who Killed Pixote?

Pixote is a 1981 disturbing film story about a criminal child in the streets ...

Average Interest Rate in Brazil: 29% a Year. In the World: 4%

Erivaldo Rodrigues of Austin Rating reports that Brazilian bank profits in 2005 were the ...

Brazil’s Scots Invited to Lend a Hand to Historical Tapestry Project

Expatriate Scots and descendants of Scottish immigrants across the world are being invited to ...

Brazil Uses Stem Cells to Treat Chagas’ Patients

In Brazil, stem cells are being used to treat Chagas’ disease in its chronic ...

Lula: We Want to Preserve the Amazon, But the US and Europe Have to Pay the Bill

Brazilian president, Luiz Inácio Lula da Silva, during a summit of the Amazon presidents, ...

Lula Reminds Brazil’s Armed Forces Have no Saying in Selection of Defense Minister

Luiz Inácio Lula da Silva, Brazil’s former president, came out in full support of ...

LETTERS

While in the U.S. payroll costs to employers are 9% over the cost of ...