the most important economic activities are cattle raising, industry, commerce, and agriculture. the gdp in 2005 was r$972,529,000. ituiutaba is in the top tier of municipalities in the state with regard to economic and social development. it is the center of a rich agricultural area which receives adequate rainfall and is well watered. as of 2007 there were 08 banking agencies in the town. there were 14,365 automobiles.