Águas Formosas is located at an elevation of 273 meters in the Rio Pampã valley. It is east of the important federal highway BR-116 to which it is connected by state highways MG-105 and 409. The nearest major population center is Teófilo Otoni.
The main economic activities are services, and agriculture. The GDP in 2005 was R$60 million, with 41 million from services, 6 million from industry, and 9 million from agriculture. There were 866 rural producers on 57,000 hectares of land. Only 17 farms had tractors (2006). 2,500 persons were dependent on agriculture. The main crops were sugarcane, beans, and corn. There were 55,000 head of cattle (2006). There were 2 banks (2007) and 681 automobiles (508 motorcycles), giving a ratio of 28 inhabitants per automobile.
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Municipal social indicators
The social indicators rank it in the bottom tier of municipalities in the state.
State ranking: 770 out of 853 municipalities as of 2000
National ranking: 3,948 out of 5,138 municipalities as of 2000
Literacy rate: 68%
Life expectancy: 63 (average of males and females)[4]
The highest ranking municipality in Minas Gerais in 2000 was Poços de Caldas with 0.841, while the lowest was Setubinha with 0.568. Nationally the highest was São Caetano do Sul in São Paulo with 0.919, while the lowest was Setubinha. In more recent statistics (considering 5,507 municipalities) Manari in the state of Pernambuco has the lowest rating in the country--0,467--putting it in last place.[4]
Health and education
There were 6 health clinics and one private hospital with 87 beds in 2005. Patients with more serious health conditions are transported to Teófilo Otoni. Educational needs were met by 31 primary schools, 2 middle schools, and 5 pre-primary schools. [2]
