fipe

What fipe does

Fipe (Fundação Instituto de Pesquisas Econômicas) is a Brazilian non-profit research foundation established in 1973 and headquartered on Avenida Paulista in São Paulo, maintaining deep structural ties to the Department of Economics at FEA-USP. The institution operates as a multi-product economic intelligence platform, calculating and publishing roughly 18 distinct indices that span consumer prices (IPC, calculated continuously since 1939), public works (IPOP for São Paulo state since the 1970s), real estate (FipeZap, Indicadores Abrainc/Fipe, Registro Imobiliário), vehicle and agricultural machinery pricing, labor (Catho-Fipe), consumption (ICS/ICR with Alelo), regional pricing, and e-commerce (Buscapé). Underlying methodologies include quadrissemanal price collection cycles for the IPC and probabilistic sampling for the POF household budget survey.

Revenue is generated through four parallel streams: (1) educational programs delivered through FipeEES, including MBAs in Applied Economics, Health Technology Assessment, Project Economics, and Public Management, plus extension and EAD courses with disclosed MBA pricing at R$ 21,840; (2) commissioned research contracts with government at federal, state, and municipal levels as well as international institutions, companies, and civil society organizations; (3) publication subscriptions such as the Boletim Mensal IPC and quadrissemanal data feeds; and (4) index licensing and partnership arrangements with Abrainc, Catho, Alelo, Buscapé, Bradesco, Itaú, Santander, and Votorantim. As a Fundação, Fipe is immune to taxation under Federal Constitution Article 150, VI, 'c', and operates without external shareholders or investor capital.

The customer base is concentrated in three primary segments: government institutions requiring indices for policy and contract adjustment (notably São Paulo's Secretaria da Fazenda), working professionals seeking applied economics credentials, and the academic/research community that contributes to and consumes Fipe's studies through FEA-USP. Approximately 251-500 employees support the operation. Distribution is single-country domestic through direct enrollment, in-person classes at the São Paulo headquarters, online EAD delivery, in-company training, and commissioned research engagements.

Name

fipe

Legal name

Fundação Instituto de Pesquisas Econômicas - Fipe

Website

https://fipe.org.br

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

251–500 employees

Short description

Fipe is a São Paulo-based non-profit economic research foundation (since 1973) that calculates roughly 18 indices — including the IPC consumer price index — and delivers executive education through FipeEES, serving government, financial institutions, and professionals in Brazil.

Ownership category

akta.pro rank

Product category

Economic Research and Higher Education Services

NAICS

Other Scientific and Technical Consulting Services (54169)

akta.pro primary industry

Finance, Accounting & Risk (CFA/CPA/FRM) Certifications (EDAAANAD)

akta.pro secondary industry

Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE) (EDAAALAJ)

Keywords

• Economic research services
• Price index calculation
• Graduate business education
• Real estate indicators
• Applied economic studies

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Educational Programs: Revenue from MBA programs (R$ 21,840 per course), extension courses, short-duration courses, professional certification programs, and EAD (distance learning) courses. Programs include Economia Aplicada MBA, Economia de Projetos MBA, and Economia e Avaliação de Tecnologias em Saúde MBA.
2. Research Contracts: Commissioned research for government at all levels, national and international institutions, companies, and civil society organizations. Research projects diagnose, quantify, and evaluate impacts of economic and social policies.
3. Publications: Revenue from publication subscriptions including the Boletim Mensal IPC (PDF), quadrissemanal data (Excel), and potentially research reports.
4. Index Licensing and Partnerships: Revenue from partnerships where Fipe indices are used commercially, such as FipeZap (real estate index), Buscapé (e-commerce prices), and indicators for Abrainc, Catho, and Alelo.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

Fipe is a Brazilian non-profit economic research foundation linked to FEA-USP that calculates and publishes price and market indices (consumer prices, public works, real estate, vehicles, agricultural machinery, e-commerce, labor market) and produces applied economic research for governments, businesses, and industry associations. It also operates graduate and undergraduate business education programs (MBAs, FipeEES degrees, extension courses, and In-Company training) for individual professionals and corporate clients.

Product overview

Fipe (Fundação Instituto de Pesquisas Econômicas) is an economic research foundation that operates as a multi-product economic intelligence platform. The core offering consists of approximately 18 distinct economic indices covering consumer prices (IPC), public works (IPOP), real estate (FipeZap, Abrainc/Fipe), vehicle prices, agricultural machinery, labor market (Catho-Fipe), consumption patterns (ICS/ICR with Alelo), and regional pricing. The organization complements its index business with research services, academic publications (Informações Fipe, Estudos Econômicos journal, Textos para Discussão), and educational programs through FipeEES (MEC-accredited institution) offering MBAs in Applied Economics, Health Technology Assessment, Project Economics, and Public Management. All courses and programs are administered by FipeEES – Escola de Ensino Superior da Fipe.

Differentiator

Problem solved

Functional benefit

Brands

• FipeEES: Escola de Ensino Superior da Fipe - Higher education institution offering undergraduate programs and MBAs

Products and services

• IPC - Índice de Preços ao Consumidor Quadrissemanal consumer price index published since 1939; the Fipe consumer price index, widely used in Brazil as an inflation reference.
• Tabela Fipe - Preço Médio de Veículos Monthly reference table of average vehicle prices in Brazil, used as the de facto standard vehicle valuation reference for individuals, dealers, insurers, and financial institutions.
• FipeZap - Índice FipeZap de Preços de Imóveis Residenciais Residential real estate price index for Brazil, tracking asking and transaction prices of residential properties and used as a real estate market reference.
• IPOP - Índice de Preços de Obras Públicas Public works price index used to track and reference costs of public construction and infrastructure projects in Brazil.
• Preço Médio de Máquinas Agrícolas Average price index for agricultural machinery, providing reference prices for tractors and farm equipment in Brazil.
• POF - Pesquisa de Orçamentos Familiares Family budget survey conducted with IBGE and PUC-SP, used to derive the structure of household consumption weights for indices such as IPCA.
• IPAC e Índice de Preços Regionais Public-sector price indices including IPAC and regional price indices for use by governments and public administrators.
• ILA - Indicador de Liquidação Antecipada Early settlement indicator used in Brazilian financial and credit markets as a reference for prepayment behavior.
• Indicadores Abrainc/Fipe e Radar Abrainc-Fipe Real estate market indicators co-produced with Abrainc (Brazilian Association of Real Estate Developers), covering market activity and sector performance.
• Indicador Antecedente do Mercado Imobiliário, ICS, ICR e Indicadores do Registro Imobiliário Real estate leading indicators and registry-based indicators tracking expectations, confidence, and registration activity in the Brazilian property market.
• Indicadores Catho-Fipe e Salariômetro Labor market indicators produced with Catho, including the Salariômetro tool that benchmarks salaries by occupation and region.
• Fipe Buscapé E-commerce price index produced with Buscapé, tracking online retail prices across categories.
• MBAs Fipe (Economia Aplicada, Economia e Avaliação de Tecnologias em Saúde, Economia de Projetos, Gestão Pública) Suite of graduate MBA programs for working professionals in applied economics, health technology assessment, project economics, and public management, taught on campus and via EAD with monthly installment plans.
• FipeEES - Graduação Presencial e a Distância FipeEES undergraduate degree programs (on campus and distance learning) in Administration, Accounting, Economics, Law, Production Engineering, Information Systems, Public Management, and Pedagogy, with monthly installment payment options.
• Cursos de Extensão e In Company Extension courses and customized in-company training programs for organizations and individuals across Fipe's economics and management subject areas.
• Pesquisa Acadêmica e Aplicada (Pesquisa In Company) Commissioned applied economic research services for governments, associations, and businesses, including customized in-company research projects.
• CEPP-FIPE (Centro de Estudos em Políticas Públicas) Joint research center dedicated to public policy studies, supporting commissioned and collaborative research with public and private partners.
• Publicações Fipe (Informações Fipe, Estudos Econômicos, Textos para Discussão) Subscription and individual-sale publication series including the monthly Informações Fipe, applied Estudos Econômicos, and academic Textos para Discussão, distributed via FipeStore.

Quantifiable outcome

• IPC-Fipe covers families with income between 1 and 10 minimum wages in São Paulo
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Registro de Imóveis do BrasilcoreStrategic or Co-development Partner · 1 January 2019Unprecedented partnership started in 2019 to produce and disseminate indicators and statistics about real estate operations across Brazil. Currently covers São Paulo, Rio de Janeiro, Curitiba, Florianópolis, Recife, Campo Grande, Campinas, Ribeirão Preto, Santos, São José dos Campos, Guarulhos, Joinville, Londrina, and Maringá. Also produces quarterly aggregated indicators for São Paulo state and mesoregions.
• Abrainc (Associação Brasileira de Incorporadoras Imobiliárias)coreStrategic or Co-development PartnerFipe and Abrainc developed and publish the Indicadores Abrainc/Fipe for the Brazilian real estate market. Monthly updated indicators include data on launches, sales, deliveries, final supply, and contract cancellations (distratos) for primary residential and commercial properties nationwide. Also developed Radar Abrainc-Fipe for quarterly monitoring of real estate market conditions and Indicador Antecedente do Mercado Imobiliário for monitoring permit data from municipalities.
• CathocoreStrategic or Co-development PartnerPartnership to develop Catho-Fipe labor market indicators using Catho's database of job postings. Produces three monthly indicators: Catho-Fipe New Vacancies Index (related to economic activity dynamics), New Vacancies Rate (ratio of new jobs to economically active population), and Vacancies per Candidate Ratio (indicator of worker bargaining power and wage negotiation dynamics).
• AlelocoreStrategic or Co-development PartnerFipe partnered with Alelo, a benefits and corporate expense management company, to develop unprecedented indicators tracking COVID-19 impacts on Brazilian economic activity. Produces Índice de Consumo em Supermercados (ICS) and Índice de Consumo em Restaurantes (ICR) based on Alelo Alimentação and Alelo Refeição card transaction data, including volume, value, and number of establishments. Also publishes quarterly Panorama de Benefícios Brasil.
• FEA-USP (Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo)coreStrategic or Co-development PartnerFipe maintains deep academic ties with FEA-USP's Department of Economics. Professors from FEA/USP contribute to Fipe publications including Informações Fipe and Estudos Econômicos journal. Graduate students from IPE/USP participate in Fipe research. IPC calculation originally transferred from IPE-USP to Fipe in 1973.
• Bradesco, Itaú, Santander, VotorantimcoreTechnology or IntegrationFour major Brazilian banks provide vehicle financing early repayment data for the ILA (Indicador de Liquidação Antecipada) calculation. Combined, these institutions represent approximately 70% of Brazil's vehicle financing volume, providing comprehensive market coverage for the indicator.
• Secretaria da Fazenda do Estado de São PaulocoreStrategic or Co-development PartnerIPOP (Índice de Preços de Obras Públicas) indices calculated for São Paulo state government use since the 1970s. Published monthly in the Diário Oficial do Estado for government contract price adjustments. Includes four main indices: Índice de Edificações (IGE), Índice de Terraplenagem (TER), Índice de Pavimentação (PAV), and Índice de Serviços Gerais com Predominância de Mão de Obra (SGPMO).
• CEPP-FIPE (Centro de Estudos de Política e Planejamento)minorStrategic or Co-development PartnerCEPP-Fipe is a specialized center within Fipe focused on policy and planning studies, conducting research on public policy evaluation and economic planning.
• FipeEES (Escola de Ensino Superior da Fipe)coreStrategic or Co-development PartnerFipeEES is Fipe's higher education school, accredited by MEC (Portaria nº 840, 8/11/2022). Offers two Technology degrees: Gestão Financeira and Gestão Pública. Classes are 100% in-person at Av. Paulista location with maximum MEC rating.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• IPEA (Instituto de Pesquisa Econômica Aplicada): Brazilian federal government economic research institute producing policy analysis, indices, and economic publications. Comparable to Fipe's research arm in mandate and methodology, though publicly funded rather than foundation-structured.
• Fundação Getúlio Vargas (FGV): Brazil's largest private non-profit foundation for economic research, indices (FGV/IBRE), and executive education. Closely comparable to Fipe across all three business lines (indices, research, graduate education) and the most direct peer in the Brazilian market.
• ESPM: Brazilian non-profit higher-education institution offering undergraduate, MBA, and executive programs with strong economics and data-focused curriculum. Competes with FipeEES and Fipe's extension/MBA programs in São Paulo.
• PUC-Rio: Brazilian Catholic university with a prominent economics department producing applied research, indices, and graduate education. Comparable to Fipe on the academic research and graduate-education dimensions, though operating under a broader university structure.
• Insper: Brazilian non-profit higher-education and research institution offering MBAs, executive education, and applied economics/policy research. Competes with Fipe in the São Paulo executive education market and has overlapping research and policy-evaluation mandates.
• Fundação Instituto de Administração (FIA): São Paulo-based non-profit foundation focused on business administration education, executive programs, and applied research. Directly comparable as a Fundação delivering MBAs and customized in-company training, with similar institutional scale and structure.

Broad incumbents

• Conference Board: Global non-profit business membership organization producing economic indicators (Consumer Confidence Index, Leading Economic Indicators) and commissioned research. Comparable to Fipe's index-publication and economic-research business at a global, much larger scale.
• IBGE (Instituto Brasileiro de Geografia e Estatística): Brazilian federal statistics agency producing national price indices (IPCA), household surveys (POF), and economic indicators. Overlaps substantively with Fipe's index and POF methodologies, though at national scale and with public funding.

Emerging players

• Economatica: Brazilian financial data and analytics provider selling proprietary Brazilian-market datasets to institutional investors. Compares to Fipe's index-licensing model in producing paid, proprietary Brazilian data products for commercial use.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/fipecursos
• Facebookfacebook.com/fipecursos
• LinkedInlinkedin.com/company/fipe-ensino
• Instagraminstagram.com/fipe_oficial
• Xx.com/fipecursos

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about fipe