Salary More salary surveys - better salary data! Share this web site!

Average Salary - Italy ITALY SALARY

SALARY SURVEYS
1,369
Search
UPDATED
October 2021
About salary data?
CALCULATE YOUR OPTIMUM SALARY!
View Demo Report
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR

€52,122 EUR

$63,291 USD

€30,470 EUR

$37,000 USD

Gross income Net (after tax)

Average Salary / Italy

Average salary in Italy is €52,122 EUR per year. The most typical earning is €30,470 EUR. All data are based on 1,369 salary surveys. Salaries are different between men and women. Men receive an average salary of €53,010 EUR. Women receive a salary of €43,472 EUR.

The most paid careers are Insurance with average income €90,072 EUR and Health Care & Medical with income €79,634 EUR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of €56,144 EUR. The second most paid education level is Masters Degree with salary of €55,117 EUR.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of €81,276 EUR. Employees with 16-20 Years of experience receive €76,435 EUR.

Page Content

  • Different salary levels
  • Salaries by gender
  • Salaries by education
  • Salaries by experience
  • Salaries by age
  • Salaries by cities
  • Salaries by career groups and careers
  • View people's individual salaries
  • Build personal salary report

SALARY SURVEY DATA

Below are detailed salary data and charts based on salary surveys. All surveys have been added on this web site.

Levels / Italy (Gross EUR)

Salary Levels (EUR) per Year Surveys Earning Percent
€8,000 EUR - €11,999 EUR
10 100%
0.73%
€12,000 EUR - €15,999 EUR
38 99.27%
2.78%
€16,000 EUR - €20,999 EUR
44 96.49%
3.21%
€21,000 EUR - €24,999 EUR
105 93.28%
7.67%
€25,000 EUR - €28,999 EUR
120 85.61%
8.77%
€29,000 EUR - €32,999 EUR
122 76.84%
8.91%
€33,000 EUR - €36,999 EUR
109 67.93%
7.96%
€37,000 EUR - €40,999 EUR
113 59.97%
8.25%
€41,000 EUR - €44,999 EUR
102 51.72%
7.45%
€45,000 EUR - €48,999 EUR
81 44.27%
5.92%
€49,000 EUR - €53,999 EUR
68 38.35%
4.97%
€54,000 EUR - €57,999 EUR
65 33.38%
4.75%
€58,000 EUR - €61,999 EUR
51 28.63%
3.73%
€62,000 EUR - €65,999 EUR
28 24.91%
2.05%
€66,000 EUR - €69,999 EUR
44 22.86%
3.21%
€70,000 EUR - €73,999 EUR
26 19.65%
1.9%
€74,000 EUR - €77,999 EUR
18 17.75%
1.31%
€78,000 EUR - €81,999 EUR
23 16.44%
1.68%
€82,000 EUR - €85,999 EUR
20 14.76%
1.46%
€86,000 EUR - €90,999 EUR
26 13.29%
1.9%
€91,000 EUR - €94,999 EUR
17 11.4%
1.24%
€95,000 EUR - €98,999 EUR
15 10.15%
1.1%
€99,000 EUR - €102,999 EUR
11 9.06%
0.8%
€103,000 EUR - €106,999 EUR
10 8.25%
0.73%
€107,000 EUR - €110,999 EUR
6 7.52%
0.44%
€111,000 EUR - €114,999 EUR
21 7.09%
1.53%
€115,000 EUR - €118,999 EUR
3 5.55%
0.22%
€119,000 EUR - €123,999 EUR
5 5.33%
0.37%
High salaries
€124,000 EUR - €131,999 EUR
9 4.97%
0.66%
€132,000 EUR - €139,999 EUR
19 4.31%
1.39%
€140,000 EUR - €147,999 EUR
4 2.92%
0.29%
€148,000 EUR - €155,999 EUR
5 2.63%
0.37%
€156,000 EUR - €164,999 EUR
3 2.26%
0.22%
€165,000 EUR - €172,999 EUR
10 2.05%
0.73%
€173,000 EUR - €180,999 EUR
2 1.31%
0.15%
€181,000 EUR - €188,999 EUR
4 1.17%
0.29%
€189,000 EUR - €197,999 EUR
2 0.88%
0.15%
€198,000 EUR - €205,999 EUR
3 0.73%
0.22%
€206,000 EUR - €287,999 EUR
7 0.51%
0.51%

GET THE MOST FROM THIS WEB SITE

When you add your salary survey you get precise comparison between your salary and other salaries. Compare your salary & build your own salary report.

CALCULATE YOUR OPTIMUM SALARY!
View Demo Report

Gender / Italy (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Men 1,014 €53,010 EUR
2 Women 239 €43,472 EUR

Advertising

Education / Italy (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 110 €56,144 EUR
2 Masters Degree 640 €55,117 EUR
3 Bachelors Degree 403 €50,758 EUR
4 Some College 67 €45,812 EUR
5 High School 137 €42,915 EUR
6 Bellow H. School 12 €41,656 EUR

Experience / Italy (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 20+ Years 168 €81,276 EUR
2 16-20 Years 101 €76,435 EUR
3 12-16 Years 199 €61,949 EUR
4 8-12 Years 283 €54,372 EUR
5 4-8 Years 252 €42,099 EUR
6 2-4 Years 188 €33,895 EUR
7 1-2 Years 90 €30,198 EUR
8 0-1 Year 88 €29,167 EUR

Age / Italy (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 56-60 25 €102,646 EUR
2 61-65 8 €86,579 EUR
3 51-55 46 €78,743 EUR
4 46-50 96 €74,540 EUR
5 41-45 145 €67,337 EUR
6 n/a 117 €61,902 EUR
7 36-40 240 €57,576 EUR
8 31-35 297 €44,737 EUR
9 26-30 294 €34,427 EUR
10 14-20 10 €33,190 EUR
11 21-25 90 €30,386 EUR
12 66-70 1 €17,999 EUR

Work Type / Italy (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 1,104 €55,193 EUR
2 Self Employed 64 €49,471 EUR
3 Contract 181 €36,511 EUR
4 Part Time 20 €32,366 EUR

Cities / Italy (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Prato 5 €105,475 EUR
2 Reggio Calabria 2 €62,222 EUR
3 Verona 38 €60,501 EUR
4 Milan 530 €56,756 EUR
5 Trieste 33 €54,725 EUR
6 Modena 21 €54,458 EUR
7 Taranto 2 €54,427 EUR
8 Palermo 6 €53,683 EUR
9 Venice 51 €52,719 EUR
10 Parma 20 €52,697 EUR
11 Foggia 2 €52,310 EUR
12 Rome 183 €51,896 EUR
13 Brescia 20 €51,607 EUR
14 Rimini 9 €51,003 EUR
15 Bologna 67 €49,645 EUR
16 Catania 7 €48,974 EUR
17 --Other-- 71 €47,102 EUR
18 Florence 63 €46,385 EUR
19 Turin 109 €46,043 EUR
20 Genoa 33 €45,086 EUR
21 Bari 9 €42,292 EUR
22 Reggio Emilia 16 €40,880 EUR
23 Livorno 8 €38,534 EUR
24 Padua 36 €38,478 EUR
25 Ravenna 9 €37,695 EUR
26 Salerno 7 €37,640 EUR
27 Perugia 5 €31,631 EUR
28 Cagliari 7 €25,245 EUR

Career Groups / Italy (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Insurance 3 €90,072 EUR
2 Health Care & Medical 14 €79,634 EUR
3 Management & Business 196 €79,582 EUR
4 Construction & Labor Workers 9 €79,390 EUR
5 Health Care & Medical II 18 €63,539 EUR
6 Marketing, Sales, Purchase 106 €61,775 EUR
7 Logistics, Road, Railway 14 €56,414 EUR
8 Human Resources 60 €54,533 EUR
9 Law 12 €54,050 EUR
10 Military 1 €54,000 EUR
11 Fashion 12 €51,536 EUR
12 Finance & Banking 79 €51,143 EUR
13 Engineers & Technicians IV 14 €51,122 EUR
14 Engineers & Technicians III 14 €47,273 EUR
15 Engineers & Technicians 184 €46,140 EUR
16 Accounting & Administration 52 €45,791 EUR
17 Salesmen & Saleswomen 31 €45,661 EUR
18 Organization & Coordination 15 €45,538 EUR
19 IT & Programming 206 €45,214 EUR
20 Customer Services 28 €45,025 EUR
21 Aviation & Shipping 14 €42,919 EUR
22 Engineers & Technicians V 14 €42,888 EUR
23 Hotels & Tourism 17 €42,456 EUR
24 Automobile 9 €42,220 EUR
25 IT & Programming II 79 €41,410 EUR
26 Public Sector 12 €40,534 EUR
27 Security & Fireguard 2 €40,500 EUR
28 Properties & Real Estates 2 €40,105 EUR
29 Restaurants, Inns, Pubs 12 €39,886 EUR
30 Making Design 19 €39,766 EUR
31 Agriculture & Fishing 1 €38,880 EUR
32 Education & University 41 €36,956 EUR
33 Arts, Culture, Performance 7 €35,953 EUR
34 Engineers & Technicians II 9 €35,253 EUR
35 Architect Constructions 26 €32,730 EUR
36 Media 15 €32,580 EUR
37 Manufacturing & Labor Workers 19 €32,462 EUR
38 Sports & Recreation 3 €28,286 EUR

Careers / Italy (Gross EUR)

# Surveys AVERAGE SALARY / YEAR
1 Director 32 €116,863 EUR
2 General Manager 25 €114,009 EUR
3 Sales Manager 21 €89,376 EUR
4 Manager 23 €83,419 EUR
5 Doctor Specialist 7 €83,409 EUR
6 Operations Manager 12 €80,783 EUR
7 Finance Manager 10 €80,121 EUR
8 Marketing Manager 17 €76,745 EUR
9 Program Manager 6 €75,974 EUR
10 Human Resources Manager 26 €74,465 EUR
11 Business Development Manager 11 €74,400 EUR
12 IT Manager 41 €64,624 EUR
13 Engineering Manager 24 €60,928 EUR
14 Account Manager 13 €54,914 EUR
15 Technical Manager 14 €54,579 EUR
16 Purchasing Manager 7 €53,940 EUR
17 Electrical Engineer Lead 9 €53,879 EUR
18 Lead Developer 8 €53,555 EUR
19 IT Project Manager 40 €52,828 EUR
20 Risk Manager 9 €51,522 EUR
21 Product Manager 6 €51,381 EUR
22 Project Manager 32 €50,851 EUR
23 Other Human Resource Career 13 €50,453 EUR
24 Sales 10 €50,450 EUR
25 Mechanical Engineer Lead 8 €49,957 EUR
26 Other Finance Career 12 €49,823 EUR
27 Customer Service Manager 9 €48,543 EUR
28 Other Automobile Career 7 €47,633 EUR
29 Network Specialist 7 €46,721 EUR
30 Engineer 50 €46,200 EUR
31 Office Manager 6 €45,816 EUR
32 Salesmen or Saleswomen 11 €44,764 EUR
33 Computer Engineer 8 €43,601 EUR
34 Electrical Engineer 10 €42,936 EUR
35 Other Engineer Career 9 €42,920 EUR
36 Other Management Career 15 €42,889 EUR
37 J2EE Developer 7 €42,344 EUR
38 Web Developer 10 €41,964 EUR
39 Marketing 13 €41,948 EUR
40 Oil & Gas Engineer 7 €41,769 EUR
41 Software Engineer 12 €41,157 EUR
42 Mechanical Engineer 37 €40,702 EUR
43 Research Engineer 22 €37,330 EUR
44 IT Coordinator 16 €35,802 EUR
45 Market Research 6 €35,021 EUR
46 Financial Analyst 18 €33,536 EUR
47 Customer Consultant 6 €33,156 EUR
48 Chemical Engineer 7 €32,508 EUR
49 SAP Consulting 8 €32,029 EUR
50 Software Developer 36 €31,834 EUR
51 C, C++ Developer 8 €31,802 EUR
52 Human Resource 16 €30,186 EUR
53 University Professor Assistant 13 €30,065 EUR
54 System Administrator 9 €29,268 EUR
55 Java Developer 10 €28,103 EUR
56 .NET Developer 9 €28,098 EUR
57 Other Education Career 9 €22,404 EUR
58 Architect 19 €20,882 EUR

MOST RECENT SALARY SURVEYS

CALCULATE YOUR OPTIMUM SALARY!
View Demo Report


Below are 50 most recent added salary surveys.


Cheff

Added 05 September 2021
Cities Education Experience Knowledge Gross Salary
Rimini Bachelors Degree 2-4 Years Intermediate

€28,199 EUR


Sr. Product Manager

Added 31 August 2021
Cities Education Experience Knowledge Gross Salary
Milan Masters Degree 4-8 Years Advanced

€98,428 EUR


Cyber Security Architect

Added 30 August 2021
Cities Education Experience Knowledge Gross Salary
Rome High School 16-20 Years Expert

€74,999 EUR


Product Marketing Manager

Added 30 August 2021
Cities Education Experience Knowledge Gross Salary
Turin Masters Degree 4-8 Years Advanced

€40,499 EUR


Manager

Added 25 August 2021
Cities Education Experience Knowledge Gross Salary
Modena High School 16-20 Years Expert

€65,999 EUR


Cs & Logistics Director

Added 23 August 2021
Cities Education Experience Knowledge Gross Salary
Milan Masters Degree 16-20 Years Expert

€149,999 EUR


Software Eng

Added 22 August 2021
Cities Education Experience Knowledge Gross Salary
--Other-- Bachelors Degree 0-1 Year Basic

€49,412 EUR


Waitress

Added 22 August 2021
Cities Education Experience Knowledge Gross Salary
Florence Bachelors Degree 0-1 Year Intermediate

€12,899 EUR


R&d Engineer

Added 20 August 2021
Cities Education Experience Knowledge Gross Salary
Turin Masters Degree 1-2 Years Advanced

€26,999 EUR


It Automation Specialist

Added 19 August 2021
Cities Education Experience Knowledge Gross Salary
Padua Bachelors Degree 0-1 Year Intermediate

€28,499 EUR


E-commerce Manager

Added 18 August 2021
Cities Education Experience Knowledge Gross Salary
Rome Masters Degree 2-4 Years Expert

€85,999 EUR


Senior Support Engineer

Added 17 August 2021
Cities Education Experience Knowledge Gross Salary
Milan Bachelors Degree 8-12 Years Advanced

€53,999 EUR


Retired

Added 17 July 2021
Cities Education Experience Knowledge Gross Salary
Milan High School 16-20 Years Advanced

€17,999 EUR


Project Engineer

Added 17 July 2021
Cities Education Experience Knowledge Gross Salary
Modena Masters Degree 0-1 Year Basic

€32,999 EUR


Press Officer

Added 15 July 2021
Cities Education Experience Knowledge Gross Salary
Trieste Masters Degree 1-2 Years Advanced

€22,813 EUR


Sales

Added 12 July 2021
Cities Education Experience Knowledge Gross Salary
Milan Masters Degree 2-4 Years Advanced

€31,999 EUR


Solution Architect

Added 09 July 2021
Cities Education Experience Knowledge Gross Salary
Genoa Masters Degree 16-20 Years Expert

€44,589 EUR


Strategic Sourcing Manager

Added 28 June 2021
Cities Education Experience Knowledge Gross Salary
--Other-- Bachelors Degree 12-16 Years Advanced

€56,999 EUR


Credit Risk Analyst

Added 27 June 2021
Cities Education Experience Knowledge Gross Salary
Milan Masters Degree 1-2 Years Intermediate

€30,999 EUR


Category Marketing Manager

Added 25 June 2021
Cities Education Experience Knowledge Gross Salary
Milan Masters Degree 8-12 Years Expert

€85,499 EUR


Retail Planning Manager

Added 10 June 2021
Cities Education Experience Knowledge Gross Salary
Venice Masters Degree 8-12 Years Expert

€59,999 EUR


Lead Electrical Engineer

Added 05 June 2021
Cities Education Experience Knowledge Gross Salary
Rome Bachelors Degree 16-20 Years Expert

€54,999 EUR


Country Quality Manager

Added 21 May 2021
Cities Education Experience Knowledge Gross Salary
Milan Bachelors Degree 2-4 Years Advanced

€48,999 EUR


Country Quality Manager

Added 21 May 2021
Cities Education Experience Knowledge Gross Salary
Milan Bachelors Degree 2-4 Years Advanced

€48,999 EUR


Devops Lead

Added 19 May 2021
Cities Education Experience Knowledge Gross Salary
Milan High School 4-8 Years Advanced

€69,999 EUR


C#, Sql Developer

Added 29 April 2021
Cities Education Experience Knowledge Gross Salary
Reggio Emilia Bachelors Degree 1-2 Years Intermediate

€29,999 EUR


Program Manager

Added 02 April 2021
Cities Education Experience Knowledge Gross Salary
Bologna Bachelors Degree 8-12 Years n/a

€70,793 EUR


Talent Acquisition Partner

Added 29 March 2021
Cities Education Experience Knowledge Gross Salary
Milan Masters Degree 4-8 Years n/a

€45,644 EUR


Translator

Added 29 March 2021
Cities Education Experience Knowledge Gross Salary
Rome Bachelors Degree 2-4 Years n/a

€70,451 EUR


Supply Chain Senior Manager

Added 25 March 2021
Cities Education Experience Knowledge Gross Salary
Milan Masters Degree 16-20 Years n/a

€142,788 EUR


Operations Program Manager

Added 24 March 2021
Cities Education Experience Knowledge Gross Salary
Turin Masters Degree 8-12 Years n/a

€77,397 EUR


Market Research Specialist

Added 23 March 2021
Cities Education Experience Knowledge Gross Salary
Turin Masters Degree 4-8 Years n/a

€34,729 EUR


Software Engineer

Added 19 March 2021
Cities Education Experience Knowledge Gross Salary
Ravenna Bachelors Degree 8-12 Years n/a

€29,768 EUR


Contractor

Added 16 March 2021
Cities Education Experience Knowledge Gross Salary
Milan High School 4-8 Years n/a

€64,497 EUR


Professore

Added 11 March 2021
Cities Education Experience Knowledge Gross Salary
Milan Masters Degree 8-12 Years n/a

€29,768 EUR


Regional Sales Manager

Added 03 March 2021
Cities Education Experience Knowledge Gross Salary
Verona Bachelors Degree 4-8 Years n/a

€39,691 EUR


It Support Engineer

Added 27 February 2021
Cities Education Experience Knowledge Gross Salary
Milan Some College 12-16 Years n/a

€39,691 EUR


Project & Program Manager

Added 26 February 2021
Cities Education Experience Knowledge Gross Salary
Florence Masters Degree 8-12 Years n/a

€50,606 EUR


Developer

Added 26 February 2021
Cities Education Experience Knowledge Gross Salary
Milan High School 1-2 Years n/a

€29,768 EUR


Audio Project Manager

Added 25 February 2021
Cities Education Experience Knowledge Gross Salary
Milan Masters Degree 4-8 Years n/a

€31,752 EUR


Management

Added 24 February 2021
Cities Education Experience Knowledge Gross Salary
Venice Bachelors Degree 0-1 Year n/a

€19,845 EUR


Head Of Projects

Added 20 February 2021
Cities Education Experience Knowledge Gross Salary
Modena Masters Degree 8-12 Years n/a

€48,026 EUR


Manager

Added 18 February 2021
Cities Education Experience Knowledge Gross Salary
Milan High School 4-8 Years n/a

€23,814 EUR


Night Receptionist

Added 06 February 2021
Cities Education Experience Knowledge Gross Salary
Venice High School 16-20 Years n/a

€19,845 EUR


Senior Product Manager

Added 05 February 2021
Cities Education Experience Knowledge Gross Salary
Rome Masters Degree 8-12 Years n/a

€54,574 EUR


Senior Product Manager

Added 05 February 2021
Cities Education Experience Knowledge Gross Salary
Rome Masters Degree 8-12 Years n/a

€54,574 EUR


Senior Architect

Added 22 January 2021
Cities Education Experience Knowledge Gross Salary
Milan Masters Degree 4-8 Years n/a

€29,768 EUR


Sport Physiologist

Added 14 January 2021
Cities Education Experience Knowledge Gross Salary
Milan Bachelors Degree 12-16 Years n/a

€29,768 EUR


Spa Director

Added 11 January 2021
Cities Education Experience Knowledge Gross Salary
Milan Bachelors Degree 2-4 Years n/a

€124,035 EUR


Phd Student

Added 09 January 2021
Cities Education Experience Knowledge Gross Salary
Brescia Doctorate Degree 0-1 Year n/a

€14,883 EUR

ECONOMY / Italy

Introduction

Italy is a country found in Southern Europe. It is a mediterranean country boarded by six countries named France, Austria, Vatican City, Slovenia, San Mario and Switzerland. The capital city is Rome which is popular for the ancient's ruins. How good is Italy's economy? Well, the country has the third largest economy in the European Union, 8th in terms of nominal GDP and 13th when it comes Purchasing power parity GDP. Italy uses the Euro currency for transactions.

 

GDP

Italy's nominal GDP in 2021 is $ 2.112 trillion hence being the 8th largest globally while the GDP for Purchasing power parity is $2.598 million thus being ranked as number thirteen in the world. The GDP growth has been okay however a major drop was experienced in the year 2020. The GDP growth for 2018 and 2019 was 0.8 % and 0.3% respectively. There was a huge drop in the year 2020 for 10.6 percent. The drop was mainly because of a lockdown of major economic activities. However, at the end of May 2020 Italy started to recover leading to a GDP increase of 5.2% in 2021. In 2017 the highest GDP per sector was services with 73.9% followed by Industry with 23.9 % and finally agriculture sector with 2.1 percent.

In the year 2021 the nominal GDP per capita is $35,061 making it the twenty-five largest globally while the GDP per capita for PPP is $43,139 thus being ranked as number twenty-nine globally.

 

Economic sector

The main sectors which have contributed to the high economic growth are the primary, secondary and tertiary industries.

Our main focus on the primary sector is agriculture. Italy has large farms where they have mainly invested in vineyards, citrus orchards, pastures and horticulture. 

The secondary sector consists of manufacturing industries. The north west region has industries which deal with machinery, aerospace and machinery production while the northern East has SMEs which specialise in the following areas.

·       Clothing and footwear

·       Textiles

·       Furniture

·       Jewelry

·       Home appliances

·       Spare parts

·       Tertiary

Around 68.6% of Italy's population is employed by the tertiary sector. The service sector contributes to around 73.9% of Italy's GDP. Some of the major tertiary industries in Italy include financial services, retail trade, Telcom, tourism and the transport system.

 

Employment Sector

1.    Employment

In 2021 the employment for Italy is at 56.6 percent Approximately 22.3 million people are employed. The employment rate in Italy is measured by the number of people who have jobs over the working age population. The service sector has employed the largest workforce, the second is industries and the agricultural sector has the lowest number of employees. The average gross salary in 2019 was $2,740 monthly which is 2,446 Euros.

2.    Unemployment.

The unemployment rate in 2020 is 9%. The highest number of the unemployed people are the youths. The Italian National Institutes of statistics shows that in 2021 the number of unemployed people is about 2.5 million.

 

Exports and Imports

In 2019 Italy exports were approximately $687.3 billion. Italy is the second largest exporter globally. The main commodities that Italy exports include pharmaceuticals, furniture, clothings, robots, machinery and vehicles. Due to the production in high quantities Italy can easily export the surplus production. The main export partners for Italy based from the highest to the lowest exports are as follows, Germany, France, United States, United Kingdom and Switzerland.

In 2019 Italy imports were $647.1 billion. The main products that Italy imports include Foods, beverages, tobacco, chemical, transport equipment and engineering products. The main import partners include Belgium, Spain, China, Netherlands, France and Germany.

 

Inflation

Italy inflation has gradually decreased over the years; the inflation CPI for 2018, 2019 and 2020 were 12.2%,0.6% and 0.1 % respectively. According to Statista research Department data Italy inflation rate is expected to increase by 1,4 percent. The main reasons for the increase are mainly due to increase in the oil prices.

 

Net wealth

The total net wealth of Italy is $ 11.857 trillion. That makes Italy the fifth largest worldwide. We also find that more than 1.4 million of Italy's population have a net worth that is greater than one million. The wealthiest person in Italy is Maria Franca Fissolo Ferrero and family who are also ranked as number twenty-nine globally. The family runs the food sector and based on an article published by Forbes the total net worth is approximately 22.4 billion US Dollars. Over the years Italy's net wealth per household has increased and forecast shows that it will continue to increase in the coming years.

 

Poverty

The highest poverty level in Italy was in 2015. The level of poverty during that period was at 7.6 percent. There was a one percent increase in southern Italy, the poverty level where the poverty rate for 2014 and 2015 was 9 percent and 10 percent respectively. However Northern Italy was pretty better but still recorded an increase. The poverty rate for that region for the two years was 6.7 percent and 5.7 percent. The poverty rate is increasing over the years due to unemployment. We find that those people who are employed in factories still suffer and it gets worse for the youths as the level of unemployment is around forty percent.

 

Conclusion

Italy has a huge economic growth thus being ranked as the third largest in the European Union. The country has a high-income economy and a developed economy. The main sector which has led to a massive economic growth is the service sector which has the highest workforce and has the largest increment of Italy GDP. 

GET THE MOST FROM THIS WEB SITE

When you add your salary survey you get precise comparison between your salary and other salaries. Compare your salary & build your own salary report.

CALCULATE YOUR OPTIMUM SALARY!
View Demo Report

Advertising
© www.averagesalarysurvey.com
2011 - 2021
Home · About · Privacy policy · Site map · Xml - 20211024 · PT · ES · IT · DE · SL