Introduction to Paraná’s Economic Growth
Paraná has recorded the highest economic growth in Brazil, with a significant 6.9% increase in the first five months of 2025. This impressive growth rate is double the national average of 3.4% for the same period, marking a substantial difference of 3.5 percentage points. The data, compiled by the Paraná Institute for Economic and Social Development (Ipardes), highlights the state’s remarkable economic performance compared to the same period in the previous year.
State Rankings and Economic Performance
Following Paraná, other top-performing states include Santa Catarina with a 6.1% growth rate, Goiás at 6%, and Pará at 5.6%. In contrast, the states of Rio Grande do Sul and Pernambuco have experienced much slower growth, with rates of 0.6% and -0.9%, respectively. The Central Bank surveys thirteen states every month to track economic activity, providing valuable insights into the country’s economic trends.
Sector-Specific Growth in Paraná
The state’s economic growth is evident across various sectors. Paraná’s industry has experienced a 5.7% growth between January and May, according to the Monthly Industrial Survey, making it the second-best result in Brazil. Additionally, the state has achieved a 6.4% growth rate over the past twelve months, further solidifying its position as a major economic player. Retail sales in Paraná have also outpaced the national average, with a 3% growth rate compared to the country’s 1.1% average.
Tourism and Agricultural Sectors
Paraná is expected to see a significant 5.7% increase in tourism sales volume in 2025, surpassing states like Pernambuco, Rio Grande do Sul, and Minas Gerais. The state’s agricultural sector has also maintained its national leadership in poultry production, with a well-industrialized supply chain. Furthermore, Paraná is the second-largest grain producer, with exports reaching over 1 country and territory.
Labor Market and Job Growth
The labor market has played a crucial role in Paraná’s economic success, with the state creating 84,882 new formal jobs between January and May 2025. This growth has been recorded in 81.7% of Paraná’s cities, making it an attractive destination for job seekers. As the third-highest-paying state in Brazil, Paraná has demonstrated its commitment to supporting its workforce.
Analysis and Insights
According to Jorge Callado, CEO of Ipardes, the growth in Paraná’s economic activity is a testament to the state’s dynamism and resilience. "We had a good first half of the year, and the indicators make this very clear. Paraná has the fourth-largest economy in Brazil and continues to expand," he notes. The state’s strategic planning and strong partnership with the productive sector have contributed to its remarkable economic growth.
Conclusion
In conclusion, Paraná’s economic growth in the first five months of 2025 has been nothing short of impressive. With a growth rate of 6.9%, the state has outpaced the national average and demonstrated its position as a major economic player in Brazil. The state’s strong performance across various sectors, including industry, retail, tourism, and agriculture, has contributed to its success. As the state continues to expand and create new job opportunities, it is likely to remain a leader in Brazil’s economic landscape.
