[REVISION HISTORY]

Mato Grosso economic activity and employment 2026

Updated 5 times since CLSTR started tracking revisions of this situation.

What changed

2026-09-05 10:31 UTC → 2026-09-06 18:59 UTC · added ~~removed~~

In June 2026, Mato Grosso recorded a net increase of 8,258 formal jobs, primarily driven by agriculture. By July, the state reported tax collections of R$35 billion. By late August, the cattle market showed rising prices for replacement animals, and the bovine genetics market expanded by 12.4% in the first half of the year. Economic indicators continued to climb into September. Mato Grosso reached R$40 billion in tax revenue, a 3.44% increase compared to the same period the previous year, according to Fecomércio-MT. This milestone was achieved eight days earlier than in the prior year, with the Tax on Circulation of Goods and Services (ICMS) serving as a primary driver. This economic momentum is reflected in energy demand. Data from the Chamber for Electric Energy Commercialization (CCEE) indicates that Mato Grosso saw the second-highest increase in electricity consumption in Brazil during the first half of August, rising 18% year-over-year. This growth significantly exceeds the national average of 7% for the National Interconnected System (SIN), led largely by the services and commerce sectors. As the industrial sector expands, workforce qualification remains a critical challenge. The CNI Industrial Work Map estimates that approximately 210,000 workers in Mato Grosso will require training between 2026 and 2027, including 31,000 new professionals and 179,000 current employees needing to upskill in logistics, agriculture, and construction to meet technological demands. However, these economic gains face potential disruption from a strong El Niño phenomenon, which is expected to persist until early 2027. Meteorologists warn that extreme heat and irregular rainfall increase the risk of wildfires in the Cerrado and Pantanal, which could impact the supply and pricing of fruits and vegetables. Additionally, climate scientists have raised concerns regarding the sustainability of the current agribusiness model due to its high water consumption and impact on river levels.

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