The economy of São Paulo state is the most developed in Brazil, reaching 33,9% of Brazilian total GDP. There are 645 municipalities, distributed over almost 250 thousand square kilometers with 41 million inhabitants. The region around the city of São Paulo, the state capital, is considered the sixth largest urban agglomeration in the world, consisting of nearly 20 million habitants.
The state population is the most diverse in the country. Initially dominated by Portuguese colonizers, São Paulo received African slaves and kept its indigenous population. Around the year 1850, the state also received Italian, Arabian, Japanese, Spanish, German, Jewish, and more recently, Korean and Chinese immigrants. In this way, it became a cosmopolitan model: in the capital of the state, the immigrants and their descendents live and work in complete harmony. Being the most developed state in Brazil, São Paulo is also the main economic center in MERCOSUL.
The large national and multinational industry, agricultural and service sector groups are settled in modern building that represent advanced Brazilian architecture. The state also concentrates the largest share of ethanol industry in the country.
Considered the most dynamic among Latin American capitals, São Paulo is a globally important economic and cultural center, the owner of intense and generous academic life. It offers leisure, pleasure and entertainment for its residents and thousands visitors throughout the year, comparable to other world famous capitals.