Boa Esperança is a Brazilian municipality from the state of Minas Gerais. It is located at a latitude 21º05'24" south and at a longitude 45º33'57" west, being at an altitude of 775 meters. According to the census conducted by IBGE in 2010, its population is 38.509 inhabitants. is a municipality in the Brazilian state of Minas Gerais. The population in 2010 was 38,509 and the area is 860.669 square kilometres (332.306 sq mi). The elevation is 775 metres (2,543 ft). The economy of Boa Esperança is based on coffee plantations and tourism. It is in this municipality Serra da Boa Esperança is found, which became celebrated through song that brings its name, compounded by Lamartine Babo and performed by several singers.