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Economy, jobs and prices in Taranto (Apulia, Italy): official figures

GDP per person was 23,200 purchasing power standards (PPS) in 2023, 60% of the EU average (98% for Italy); 90th highest of 107 provinces in Italy.

GDP per person (PPS)
23,200
2023
People in work
195,400
2023

How big is the economy of Taranto?

The local economy produced €12.4 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Taranto?

About 195,400 people worked in Taranto in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the employment rate in Taranto?

44.2% of Taranto residents aged 20-64 were in work in 2024, the lowest of 107 provinces; among women the rate was 24.6%.

Source: Istat (Istituto Nazionale di Statistica) · saved copy

What is the average income in Taranto?

Average disposable household income in Taranto was €15,666 per resident in 2023, 9th lowest among Italy's 107 provinces.

Source: Istat (Istituto Nazionale di Statistica) · saved copy

What is the average salary in Taranto?

The average annual gross pay of a private-sector employee in Taranto was €18,219 in 2023, 32nd lowest in Italy (national average €23,630).

Source: Istat (Istituto Nazionale di Statistica) · saved copy

What is the average pension in Taranto?

Pensioners in Taranto received an average of €19,958 a year in pension income in 2023, compared with €21,737 across Italy.

Source: Istat (Istituto Nazionale di Statistica) · saved copy

What is the average declared income in Taranto?

375,421 people in Taranto filed a personal income tax (IRPEF) return for 2024, declaring an average total income of €20,804, 27th lowest of Italy's 107 provinces (national average €25,816).

Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

How many high earners live in Taranto?

2.9% of taxpayers in Taranto declared more than €55,000 for 2024 and 0.31% more than €120,000, compared with 5.9% and 0.87% nationally.

Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

What is the main industry in Taranto?

The largest part of the economy of Taranto in 2023 was public administration, education, health and other services, at 33.1% of gross value added, followed by finance, property and business services (24.8%).

Source: Eurostat · saved copy

How industrial is Taranto?

Factories, mines and energy produced 12.2% of the value added in Taranto in 2023, against 20.3% for Italy.

Source: Eurostat · saved copy

How fast is the economy of Taranto growing?

Gross value added rose from €8.8 billion in 2015 to €11.1 billion in 2023 in current prices, an increase of 27% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Taranto?

Of the 195,400 jobs located in Taranto in 2023, 33% in public services, education, health and other services, 15% in industry and 8.6% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Taranto?

The number of people working in Taranto rose by 3.5% between 2015 and 2023, to 195,400.

Source: Eurostat · saved copy

More figures

How Taranto compares with other provinces in Italy

Disposable household income per person (€) (2023)

Taranto ranks 99 of 107, highest first.

RankAreaDisposable household income per person (€)
96Avellino€15,960
97Caltanissetta€15,900
98Reggio Calabria€15,684
99Taranto€15,666
100Vibo Valentia€15,542
101Crotone€15,414
102Frosinone€15,358
Source: Istat (Istituto Nazionale di Statistica) · saved copy

Average gross annual pay, private-sector employees (€) (2023)

Taranto ranks 76 of 107, highest first.

RankAreaAverage gross annual pay, private-sector employees (€)
73Napoli€18,406
74Catania€18,303
75Siracusa€18,227
76Taranto€18,219
77Teramo€18,194
78Avellino€18,030
79Caltanissetta€18,015
Source: Istat (Istituto Nazionale di Statistica) · saved copy

Average declared income per taxpayer (€) (2024)

Taranto ranks 81 of 107, highest first.

RankAreaAverage declared income per taxpayer (€)
78Teramo€21,824
79Catania€21,240
80Messina€21,166
81Taranto€20,804
82Siracusa€20,781
83Potenza€20,738
84Isernia€20,625
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

Employment rate, ages 20-64 (%) (2024)

Taranto ranks 107 of 107, highest first.

RankAreaEmployment rate, ages 20-64 (%)
101Palermo48.4%
102Cosenza46.9%
103Caserta46.7%
104Napoli46.4%
105Reggio Calabria46.3%
106Caltanissetta45.5%
107Taranto44.2%
Source: Istat (Istituto Nazionale di Statistica) · saved copy

Share of output from industry (manufacturing, mining and energy) (2023)

Taranto ranks 83 of 107, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
80Caserta13.3%
81Napoli13.2%
82Foggia12.3%
83Taranto12.2%
84Lecce12.1%
85Cagliari11.3%
86Crotone10.7%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2023)

Taranto ranks 78 of 107, highest first.

RankAreaShare of output from finance, property and business services
75Sud Sardegna25.2%
76Chieti25.0%
77L’Aquila25.0%
78Taranto24.8%
79Catanzaro24.8%
80Agrigento24.7%
81Rovigo24.7%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2023)

Taranto ranks 2 of 107, highest first.

RankAreaShare of output from public administration, education, health and other services
1Enna34.0%
2Taranto33.1%
3Nuoro33.0%
4Catanzaro31.8%
5Palermo31.0%
6Trapani31.0%
7Oristano30.9%
Source: Eurostat · saved copy

More on Taranto: overview · health · education and schools · poverty and living standards · government budget · government and politics · Apulia · Italy

Sources

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