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Economy of Palmas

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Palmas was designed to be the economic and administrative center of Tocantins, and because of this, the service sector is the main sector of the economy Palmense. The share of agriculture in the economy Palmense is less than the service sector, being based on small farms around the city and the highways that provide access to Palmas, and large farms planting soybeans and livestock in the district of Buritirana.

The economy is mostly formal, consisting primarily of limited partnerships and sole proprietorships. Micro firms are the most common in the city, where they comprise over 80% of companies Palmense 4394

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