Lagoa Formosa is a Brazilian municipality located in the northwest of the state of Minas Gerais. Its population as of 2007 was 16,521 people living in a total area of 844 km². The city belongs to the mesoregion of Triângulo Mineiro e Alto Paranaíba and to the microregion of Patos de Minas. It became a municipality in 1962.
The urban center is located at an elevation of 902 meters 19 km southeast of Patos de Minas on federal highway BR-354. Neighboring municipalities are: Patos de Minas (N), Carmo do Paranaíba (E), Carmo do Paranaíba (S), and Patos de Minas (W).
Sister city
Connections to the north and south are made by federal highway BR-354, which lies 4 km from the city center.
The most important economic activities are cattle raising, commerce, and agriculture, especially the growing of coffee. The GDP in 2005 was R$ R$103 million, of which 50 million came from services, 06 million came from industry, and 42 million came from agriculture. Lagoa Formosa is in the top tier of municipalities in the state with regard to economic and social development. As of 2007 there was 01 banking agency in the town. There was a modest retail infrastructure serving the surrounding area of cattle and agricultural lands. There were 2,647 automobiles in all of the municipality (2007), about one for every 06 inhabitants.