It is the most populous state in Brazil, has the largest industrial production of the country and the largest GDP among all Brazilian states. In 2011, the state economy accounted for about 32.1% of the total wealth produced in the country, which made the state known as the “locomotive of Brazil”. If it was an independent country, its nominal GDP could be ranked among the top 20 in the world (2010 estimate).
With essentially coffee economy until 1929, the industrialization of São Paulo only started effectively in the 30s: during the Great Depression that began in New York (1929-1933), the São Paulo industry was based almost entirely on the production of goods consumption – mainly textiles and food – and the modest increase in production occurred only in terms of internal and external migration. After the economic depression, there was the phenomenon that became known as “Industrial Outbreak of 1933-1939.” This phenomenon more than doubled the number of factories and São Paulo increased by more than 50% the number of employed workers.
Although the state has a large industrial park, the tertiary sector is the largest and most important sector of the state economy today.
The tourism generate a huge movement in São Paulo state, which has three tourist centers: the capital, the coast and the countryside.
The capital is the business tourism center in Brazil, which provides about 45 000 events per year and made the state has the largest hotel network in the country. The city received the title of world capital of gastronomy and its cultural tourism is also prominent given the amount of museums, theaters and events like the Biennale of Art and the Book Biennial.
As its capital is not bathed by the sea, the coast of São Paulo is very popular even among the residents, causing a lot of traffic in holiday periods. Between its 293 beaches, the most popular are Guaruja, Santos, Ilhabela and Ubatuba.
In the countryside, you can find resorts, rural tourism, ecological activities, cities with European climate, waterfalls, caves, rivers, mountains, mineral water springs, natural parks, historic buildings from the XVI, XVII and XVIII centuries, churches in Jesuit architecture and sites archaeological.
During the winter, the city of Campos do Jordão emerges as the main tourist reference of the state, with the Winter Festival and many other attractions in an environment where the temperature can reach negative marks.