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Economy of Ceará, Brazil

Important links:
IPECE Instituto de Pesquisa e Estratégia Econômica do Ceará - Institute for Research and Economic Strategy of Ceará.

For more than four centuries, the economy of Ceará was based on cattle raising and agriculture; read History of Ceará; this situation has changed.
The next document (in Portuguese, PDF format) contains a selection of numbers of the Economy of Ceará; published in 2003 by IPECE, this paper pictures the evolution of the economy from 1997 to 2000 (latest aggregated data available).
Some interesting information:
From 1996 to 2000, the Gross Production of Ceará accumulated a growth of 11.9%, which translates to an yearly rate of 2.9%; this is higher than the average rate of Northeast and Brazil.
. 1996 1997 1998 1999 2000
Gross Production (R$ millions) 15,641 17,589 18,836 19,511 20,800
Gross Production per capita (R$) 2,291 2,465 2,602 2,638 2,794
Figures are given in Reais (R$), the Brazilian currency. Values in dollars are very different. Read more about Real, the Brazilian currency.

Ceará has the 14th largest economy in Brazil, and the 3rd largest in Northeast.

By economy sectors, the production is broken down like this: only 6.1% come from agriculture and animals breeding; 38.1% come from industry; 55.9% come from the services sector. Within this terciary sector, the most relevant sub-sector is Public Administration(check out Table 17.2)

The metropolitan area of Fortaleza (which includes neighbour municipalities like Maracanaú, Eusébio, Caucaia, Eusébio and others) respondes for about two thirds of the production of the entire State of Ceará; Fortaleza alone produces more than 43% of the total economic output of the State.

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