Morada Nova de Minas belongs to the statistical micro-region of Três Marias.
Neighboring municipalities are:[2] When the Três Marias reservoir was filled it formed an island in Morada Nova de Minas that became the Pirapitinga Ecological Station, with an area of about 1,090 hectares (2,700 acres).
Morada Nova de Minas is in the middle tier of municipalities in the state with regard to economic and social development.
A major agricultural activity is extraction of charcoal, which is shipped by truck to be used in the industries of the Belo Horizonte region.
[6] The highest ranking municipality in Minas Gerais in 2000 was Poços de Caldas with 0.841, while the lowest was Setubinha with 0.568.
Between 1810 and 1815 Dona Inácia Maria do Rosário, who lived on the Fazenda Saco Bom had a chapel built to Nossa Senhora do Loreto to accommodate Franciscan missionaries who had come from Pernambuco.
In 1960 with the reservoir of Três Marias the lands of the town were flooded and it began to stagnate economically.