The most important economic activities are cattle raising, commerce, and agriculture. The GDP in 2005 was 27 million Brazilian Real, of which, 14 million came from services and 10 million came from agriculture. Paineiras is in the middle tier of municipalities in the state with regard to economic and social development. As of 2007, there were no banking agencies in the town but there was a small retail infrastructure serving the surrounding area of cattle and agricultural lands. In 2007, there were 642 automobiles in the entire municipality, about one automobile for every 7 inhabitants. In the rural area, there were 496 establishments occupying 87,000 hectares (planted area, 2,200 hectares; natural pasture, 63,000 hectares; and woodland, 14,000 hectares) in 2006. About 1,500 people were employed in agriculture. 48 of the municipality's farms had tractors, a ratio of one to ten farms. There were 35,000 heads of cattle in 2006 and the main crops were rice and corn. A major agricultural activity is extraction of charcoal, which is shipped by truck to be used in the industries of the
Belo Horizonte region. ==Health and education==