Concept

Economy of Porto Alegre

Résumé
The Economy of Porto Alegre is the fastest growing economy in Brazil and is currently the country's 7th largest regional economy. The city of Porto Alegre has a population of approximately 1.4 million people (the countries 12th largest). The history of Porto Alegre, particularly during the industrial revolution established its economy and the basis of the current industrial sector in the city. Porto Alegre has a gross domestic product (GDP) per capita of $18,770. The main contributors to the economy of Porto Alegre are services, followed by industry and then agriculture. The main features of the service sector include education, health and tourism, as well as computers/technology. In terms of industry features; the economy of Porto Alegre relies on shoe/leather making, petrochemicals and the manufacturing of cars. The importance of the agricultural sector is due to the environment of Porto Alegre being suitable for the production of tobacco and the raising of livestock. The concept of Participatory Budgeting originated in Porto Alegre and the city is a lead exporter for the state of Rio Grande du Sol. TOC Porto Alegre Historically, the industrialisation of Brazil was slow and it was not until the 1930s that the south of Brazil became industrialised. Porto Alegre acts as the centre for the industrial sector of the South of Brazil and particularly for Rio Grande do Sul. The city is located on the bank of the Rio Guaiba, through the history of the city, its location at the junction of 5 rivers has been important in establishing it as a “chief industrial and commercial centre of Brazil.” The population of Porto Alegre is 1,483,771. As a percentage of the total population of Brazil (210, 147, 125), the people of Porto Alegre make up approximately 0.67% of the population. (As shown in figure 1). Porto Alegre is the capital city of the southernmost state in Brazil (Rio Grande do Sol). Its location can be seen in figure 2. It is situated next to the freshwater lagoon named the Lagoa dos Patos, this lagoon is the meeting of 5 rivers.
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