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Economy, jobs and prices in Lombardy, Italy: official figures

GDP per person was 52,700 purchasing power standards (PPS) in 2024, 132% of the EU average; 2nd highest of 21 regions in Italy. PPS adjust for price differences between countries.

GDP per person (PPS)
52,700
2024
GDP per person (euros)
50,400
2024
GDP (million euros)
504,730
2024
Unemployment rate
3.0%
2025
Youth unemployment rate
10.9%
2025
Employment rate (20-64)
75.1%
2025
R&D spending (% of GDP)
1.20%
2024
Workers in irregular (undeclared) jobs (%)
7.7%
2022

How big is the economy of Lombardy?

The regional economy produced €504.7 billion of output (GDP at market prices) in 2024, 22.9% of Italy's GDP.

Source: Eurostat · saved copy

What is the unemployment rate in Lombardy?

The unemployment rate (age 15 to 74) was 3.0% in 2025, against 6.1% for Italy and 6.0% across the EU; 19th highest of 21 regions in Italy.

Source: Eurostat · saved copy

What is youth unemployment in Lombardy?

Youth unemployment (age 15 to 24) was 10.9% in 2025, against 20.6% for Italy; 17th highest of 18 regions in Italy.

Source: Eurostat · saved copy

What share of adults in Lombardy are in work?

The employment rate (age 20 to 64) was 75.1% in 2025, against 67.6% for Italy and 76.1% across the EU; 6th highest of 21 regions in Italy.

Source: Eurostat · saved copy

How much does Lombardy spend on research and development?

Spending on research and development came to 1.20% of GDP in 2024 (1.41% nationally).

Source: Eurostat · saved copy

How much undeclared work is there in Lombardy?

Istat estimates that 7.7% of people in work in Lombardy were in irregular, undeclared jobs in 2022 (Italy 9.7%): 5th lowest of 21 regions and autonomous provinces.

Source: Istat (Italian National Institute of Statistics) · saved copy

How many workers in Lombardy are low paid?

6.9% of employees in Lombardy earned less than two-thirds of the median hourly wage in 2020 (Italy 10.1%), 4th lowest of 21 regions and autonomous provinces, up from 6.6% in 2015.

Source: Istat (Italian National Institute of Statistics) · saved copy

What is the real unemployment rate in Lombardy?

The labour non-participation rate, which adds people available to work but not searching to the unemployed, was 5.9% in Lombardy in 2025 (Italy 12.6%), 3rd lowest of 21 regions and autonomous provinces, down from 11.3% in 2020.

Source: Istat (Italian National Institute of Statistics) · saved copy

Are young graduates leaving Lombardy?

Lombardy had a net migration rate of +14.1 per 1,000 resident Italian graduates aged 25 to 39 in 2023 (Italy -6.2), counting moves to and from other regions and abroad: 2nd best of 21 regions and autonomous provinces.

Source: Istat (Italian National Institute of Statistics) · saved copy

How many part-time workers in Lombardy want a full-time job?

6.5% of people in work in Lombardy were in part-time jobs because they could not find full-time work in 2025 (Italy 7.7%), 5th lowest of 21 regions and autonomous provinces, down from 9.7% in 2020.

Source: Istat (Italian National Institute of Statistics) · saved copy

How many workers in Lombardy are stuck on temporary contracts?

14.5% of people on temporary contracts in Lombardy had been in fixed-term work for at least five years in 2025 (Italy 21.3%), up from 13.3% in 2020.

Source: Istat (Italian National Institute of Statistics) · saved copy

Are graduates in Lombardy overqualified for their jobs?

18.3% of employed graduates aged 25 to 64 in Lombardy held jobs that did not need a degree in 2025 (Italy 20.9%), up from 17.6% in 2020.

Source: Istat (Italian National Institute of Statistics) · saved copy

How dangerous is work in Lombardy?

Workplace accidents causing death or permanent disability ran at 8.1 per 10,000 people in work in Lombardy in 2022 (Italy 11.0).

Source: Istat (Italian National Institute of Statistics) · saved copy

How many high-skilled jobs are there in Lombardy?

Knowledge workers, graduates in scientific and technical occupations, made up 19.3% of employment in Lombardy in 2025 (Italy 19.2%), up from 18.9% in 2020.

Source: Istat (Italian National Institute of Statistics) · saved copy

How many people in Lombardy are long-term unemployed?

Long-term unemployment (people out of work for a year or more) stood at 1.2% of the labour force in 2025, against 3.1% for Italy as a whole and 1.9% across the EU; the lowest of 18 regions in Italy. In 2015 it was 4.4%.

Source: Eurostat · saved copy

What is the unemployment rate for women in Lombardy?

The unemployment rate for women in Lombardy was 3.4% in 2025, against 6.8% for Italy as a whole and 6.2% across the EU; 3rd lowest of 20 regions in Italy. In 2015 it was 8.7%.

Source: Eurostat · saved copy

How many women in Lombardy are in work?

66.9% of women aged 20 to 64 were in work in 2025, against 58.0% for Italy as a whole and 71.3% across the EU; 10th highest of 21 regions in Italy. In 2015 it was 61.2%.

Source: Eurostat · saved copy

Is the economy of Lombardy growing?

In real terms the economy of Lombardy grew by 1.2% in 2024 (gross value added) (Italy: 0.7%); 2nd highest of 21 regions in Italy. In 2014 it was 0.6%.

Source: Eurostat · saved copy

How many cars are there in Lombardy?

There were 640 passenger cars per 1,000 people in 2024 (Italy: 701); 2nd lowest of 21 regions in Italy. In 2014 it was 591.

Source: Eurostat · saved copy

What is the average salary in Lombardy?

Average compensation per employee (pay plus employer social contributions) was €28,591 in 2023, against €25,343 across Italy; 2nd highest of 21 regions in Italy.

Source: Eurostat · saved copy

How many tourists visit Lombardy?

Visitors spent 56.7 million nights in tourist accommodation in 2025, 68% of them by visitors from abroad.

Source: Eurostat · saved copy

What is the main industry in Lombardy?

The largest part of the economy of Lombardy in 2024 was finance, property and business services, at 34.5% of gross value added, followed by trade, transport, hospitality and communications (25.3%).

Source: Eurostat · saved copy

How industrial is Lombardy?

Factories, mines and energy produced 21.3% of the value added in Lombardy in 2024, against 19.0% for Italy.

Source: Eurostat · saved copy

How fast is the economy of Lombardy growing?

Gross value added rose from €328.8 billion in 2015 to €451.1 billion in 2024 in current prices, an increase of 37% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Lombardy?

Of the 5,099,900 jobs located in Lombardy in 2024, 24% in public services, education, health and other services, 20% in industry and 1.2% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Lombardy?

The number of people working in Lombardy rose by 11.0% between 2015 and 2024, to 5,099,900.

Source: Eurostat · saved copy

How Lombardy compares with other regions

Workers in irregular (undeclared) jobs (%) (2022)

Lombardy ranks 17 of 21, highest first.

RankRegionWorkers in irregular (undeclared) jobs (%)
14Valle d’Aosta/Vallée d’Aoste8.0%
15Tuscany8.0%
16Provincia Autonoma di Trento7.9%
17Lombardy7.7%
18Emilia-Romagna7.5%
19Friuli-Venezia Giulia7.2%
20Veneto7.0%
Source: Istat (Italian National Institute of Statistics) · saved copy

Employees with low hourly pay (%) (2020)

Lombardy ranks 18 of 21, highest first.

RankRegionEmployees with low hourly pay (%)
15Marche8.3%
16Veneto8.2%
17Valle d’Aosta/Vallée d’Aoste7.7%
18Lombardy6.9%
19Friuli-Venezia Giulia6.9%
20Provincia Autonoma di Bolzano/Bozen6.5%
21Provincia Autonoma di Trento6.1%
Source: Istat (Italian National Institute of Statistics) · saved copy

Labour non-participation rate, 15-74 (%) (2025)

Lombardy ranks 19 of 21, highest first.

RankRegionLabour non-participation rate, 15-74 (%)
15Friuli-Venezia Giulia7.2%
16Valle d’Aosta/Vallée d’Aoste7.0%
17Emilia-Romagna6.8%
18Veneto6.6%
19Lombardy5.9%
20Provincia Autonoma di Trento5.1%
21Provincia Autonoma di Bolzano/Bozen3.5%
Source: Istat (Italian National Institute of Statistics) · saved copy

Net migration of Italian graduates aged 25-39 (per 1,000 graduates) (2023)

Lombardy ranks 2 of 21, highest first.

RankRegionNet migration of Italian graduates aged 25-39 (per 1,000 graduates)
1Emilia-Romagna+17.9
2Lombardy+14.1
3Piedmont+11.7
4Lazio+4.9
5Provincia Autonoma di Trento+1.8
6Tuscany+0.3
7Friuli-Venezia Giulia-2.8
Source: Istat (Italian National Institute of Statistics) · saved copy

Involuntary part-time workers (%) (2025)

Lombardy ranks 17 of 21, highest first.

RankRegionInvoluntary part-time workers (%)
14Friuli-Venezia Giulia7.1%
15Piedmont6.9%
16Provincia Autonoma di Trento6.6%
17Lombardy6.5%
18Valle d’Aosta/Vallée d’Aoste6.4%
19Emilia-Romagna5.9%
20Veneto5.5%
Source: Istat (Italian National Institute of Statistics) · saved copy

Long-term unemployment (% of labour force) (2025)

Lombardy ranks 18 of 18, highest first.

RankRegionLong-term unemployment (% of labour force)
12Marche2.0%
13Liguria1.8%
14Umbria1.8%
15Tuscany1.7%
16Emilia-Romagna1.4%
17Veneto1.3%
18Lombardy1.2%
Source: Eurostat · saved copy

Unemployment rate, women (2025)

Lombardy ranks 18 of 20, highest first.

RankRegionUnemployment rate, women
14Tuscany5.0%
15Friuli-Venezia Giulia4.9%
16Liguria4.8%
17Emilia-Romagna4.7%
18Lombardy3.4%
19Provincia Autonoma di Trento3.1%
20Provincia Autonoma di Bolzano/Bozen2.1%
Source: Eurostat · saved copy

Employment rate, women aged 20-64 (2025)

Lombardy ranks 10 of 21, highest first.

RankRegionEmployment rate, women aged 20-64
7Umbria68.0%
8Piedmont67.7%
9Marche67.5%
10Lombardy66.9%
11Liguria66.6%
12Veneto65.5%
13Lazio60.5%
Source: Eurostat · saved copy

Real growth in gross value added (2024)

Lombardy ranks 2 of 21, highest first.

RankRegionReal growth in gross value added
1Sicily1.8%
2Lombardy1.2%
3Lazio1.2%
4Sardinia1.2%
5Piedmont1.1%
6Valle d’Aosta/Vallée d’Aoste1.1%
7Friuli-Venezia Giulia1.0%
Source: Eurostat · saved copy

Passenger cars per 1,000 people (2024)

Lombardy ranks 20 of 21, highest first.

RankRegionPassenger cars per 1,000 people
15Friuli-Venezia Giulia695
16Emilia-Romagna691
17Veneto680
18Campania667
19Apulia649
20Lombardy640
21Liguria563
Source: Eurostat · saved copy

Compensation per employee (euros) (2023)

Lombardy ranks 2 of 21, highest first.

RankRegionCompensation per employee (euros)
1Provincia Autonoma di Bolzano/Bozen€31,475
2Lombardy€28,591
3Lazio€27,029
4Provincia Autonoma di Trento€26,793
5Friuli-Venezia Giulia€26,330
6Emilia-Romagna€26,329
7Piedmont€25,990
Source: Eurostat · saved copy

Nights spent in tourist accommodation (2025)

Lombardy ranks 3 of 21, highest first.

RankRegionNights spent in tourist accommodation
1Veneto74.2 million
2Lazio61.5 million
3Lombardy56.7 million
4Tuscany55.5 million
5Emilia-Romagna44.2 million
6Provincia Autonoma di Bolzano/Bozen38.2 million
7Campania24.0 million
Source: Eurostat · saved copy

Share of output from industry (manufacturing, mining and energy) (2024)

Lombardy ranks 7 of 21, highest first.

RankRegionShare of output from industry (manufacturing, mining and energy)
4Piedmont24.1%
5Friuli-Venezia Giulia23.5%
6Basilicata22.8%
7Lombardy21.3%
8Tuscany20.4%
9Abruzzo19.7%
10Umbria19.3%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2024)

Lombardy ranks 1 of 21, highest first.

RankRegionShare of output from finance, property and business services
1Lombardy34.5%
2Lazio32.1%
3Liguria30.7%
4Piedmont29.8%
5Tuscany29.5%
6Provincia Autonoma di Trento28.3%
7Emilia-Romagna28.3%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2024)

Lombardy ranks 21 of 21, highest first.

RankRegionShare of output from public administration, education, health and other services
15Provincia Autonoma di Trento20.5%
16Marche19.5%
17Tuscany18.6%
18Piedmont16.6%
19Veneto15.1%
20Emilia-Romagna14.9%
21Lombardy12.7%
Source: Eurostat · saved copy

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

Sources

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