Economy, jobs and prices in Fermo (Marche, Italy): official figures
GDP per person was 30,500 purchasing power standards (PPS) in 2023, 79% of the EU average (98% for Italy); 68th highest of 107 provinces in Italy.
How big is the economy of Fermo?
The local economy produced €4.9 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Fermo?
About 70,700 people worked in Fermo in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the employment rate in Fermo?
69.1% of Fermo residents aged 20-64 were in work in 2024, 45th lowest of 107 provinces; among women the rate was 58.6%.
Source: Istat (Istituto Nazionale di Statistica) · saved copyWhat is the average income in Fermo?
Average disposable household income in Fermo was €21,464 per resident in 2023, 53rd highest among Italy's 107 provinces.
Source: Istat (Istituto Nazionale di Statistica) · saved copyWhat is the average salary in Fermo?
The average annual gross pay of a private-sector employee in Fermo was €18,885 in 2023, 38th lowest in Italy (national average €23,630).
Source: Istat (Istituto Nazionale di Statistica) · saved copyWhat is the average pension in Fermo?
Pensioners in Fermo received an average of €18,710 a year in pension income in 2023, compared with €21,737 across Italy.
Source: Istat (Istituto Nazionale di Statistica) · saved copyWhat is the average declared income in Fermo?
128,170 people in Fermo filed a personal income tax (IRPEF) return for 2024, declaring an average total income of €22,662, 38th lowest of Italy's 107 provinces (national average €25,816).
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copyHow many high earners live in Fermo?
3.8% of taxpayers in Fermo declared more than €55,000 for 2024 and 0.41% more than €120,000, compared with 5.9% and 0.87% nationally.
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copyWhat is the main industry in Fermo?
The largest part of the economy of Fermo in 2023 was industry (manufacturing, mining and energy), at 29.9% of gross value added, followed by finance, property and business services (24.7%).
Source: Eurostat · saved copyHow industrial is Fermo?
Industry (manufacturing, mining and energy) made up 29.9% of output in 2023, against 20.3% for Italy.
Source: Eurostat · saved copyHow fast is the economy of Fermo growing?
Gross value added rose from €3.7 billion in 2015 to €4.4 billion in 2023 in current prices, an increase of 19% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Fermo?
Of the 70,700 jobs located in Fermo in 2023, 24% in public services, education, health and other services, 31% in industry and 3.4% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Fermo?
The number of people working in Fermo fell by 1.3% between 2015 and 2023, to 70,700.
Source: Eurostat · saved copyMore figures
- The labour non-participation rate (the unemployed plus people available to work but not looking, as a share of the labour force) in Fermo was 10.9% in 2024, below the national figure of 13.3%. Source: Istat (Istituto Nazionale di Statistica) · saved copy
- Among young people aged 15 to 29 in Fermo, 40.5% were employed in 2024 and the youth non-participation rate was 17.9% (national figures: 34.4% and 25.7%). Source: Istat (Istituto Nazionale di Statistica) · saved copy
- Employees in Fermo were paid for 76.9% of a full working year (312 days) on average in 2023, a measure of how stable jobs are (78.9% nationally). Source: Istat (Istituto Nazionale di Statistica) · saved copy
- There were 10.0 fatal or permanently disabling workplace accidents per 10,000 workers in Fermo in 2022 (below the national figure of 11.0). Source: Istat (Istituto Nazionale di Statistica) · saved copy
- In 2024, 53% of taxpayers in Fermo declared employment income (average €20,713) and 37% declared pension income (average €18,832). Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy
How Fermo compares with other provinces in Italy
Disposable household income per person (€) (2023)
Fermo ranks 53 of 107, highest first.
| Rank | Area | Disposable household income per person (€) |
|---|---|---|
| 50 | Grosseto | €21,698 |
| 51 | Ascoli Piceno | €21,662 |
| 52 | Mantova | €21,531 |
| 53 | Fermo | €21,464 |
| 54 | Pavia | €21,323 |
| 55 | Cremona | €21,278 |
| 56 | Ancona | €21,270 |
Average gross annual pay, private-sector employees (€) (2023)
Fermo ranks 70 of 107, highest first.
| Rank | Area | Average gross annual pay, private-sector employees (€) |
|---|---|---|
| 67 | Pescara | €19,457 |
| 68 | Bari | €19,379 |
| 69 | Latina | €19,338 |
| 70 | Fermo | €18,885 |
| 71 | Campobasso | €18,565 |
| 72 | Rieti | €18,480 |
| 73 | Napoli | €18,406 |
Average declared income per taxpayer (€) (2024)
Fermo ranks 70 of 107, highest first.
| Rank | Area | Average declared income per taxpayer (€) |
|---|---|---|
| 67 | Rieti | €23,315 |
| 68 | Imperia | €22,905 |
| 69 | Viterbo | €22,665 |
| 70 | Fermo | €22,662 |
| 71 | Bari | €22,297 |
| 72 | Napoli | €22,290 |
| 73 | Sassari | €22,006 |
Employment rate, ages 20-64 (%) (2024)
Fermo ranks 63 of 107, highest first.
| Rank | Area | Employment rate, ages 20-64 (%) |
|---|---|---|
| 60 | Imperia | 70.4% |
| 61 | Terni | 70.1% |
| 62 | Macerata | 69.7% |
| 63 | Fermo | 69.1% |
| 64 | Sondrio | 68.7% |
| 65 | Savona | 68.5% |
| 66 | Pescara | 68.4% |
Share of output from industry (manufacturing, mining and energy) (2023)
Fermo ranks 16 of 107, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 13 | Mantova | 30.7% |
| 14 | Novara | 30.7% |
| 15 | Pesaro e Urbino | 30.1% |
| 16 | Fermo | 29.9% |
| 17 | Cuneo | 29.7% |
| 18 | Cremona | 29.7% |
| 19 | Alessandria | 29.2% |
Share of output from finance, property and business services (2023)
Fermo ranks 84 of 107, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 81 | Rovigo | 24.7% |
| 82 | Pordenone | 24.7% |
| 83 | Benevento | 24.7% |
| 84 | Fermo | 24.7% |
| 85 | Arezzo | 24.6% |
| 86 | Alessandria | 24.6% |
| 87 | Ragusa | 24.6% |
Share of output from public administration, education, health and other services (2023)
Fermo ranks 71 of 107, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 68 | Rimini | 17.9% |
| 69 | Macerata | 17.8% |
| 70 | Venezia | 17.8% |
| 71 | Fermo | 17.7% |
| 72 | Asti | 17.7% |
| 73 | Vercelli | 17.7% |
| 74 | Pistoia | 17.6% |
More on Fermo: overview · health · education and schools · poverty and living standards · government budget · government and politics · Marche · Italy
Sources
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP per person, PPS (NUTS 3), read 23 October 2026 · saved copy (SHA-256 3bf0fc662f56…)
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP, million euros (NUTS 3), read 23 October 2026 · saved copy (SHA-256 096e15e5fdb3…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment, thousand people (NUTS 3), read 23 October 2026 · saved copy (SHA-256 664e4e3a6dc0…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment (thousand persons) by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 222a97c302d3…)
- Istat (Istituto Nazionale di Statistica): BES dei territori, edizione 2025: well-being indicators for the 107 provinces and metropolitan cities (Indicatori_per_provincia_sesso_ed.2025.xlsx), read 23 October 2026 · saved copy (SHA-256 90f90043ad3d…)
- Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze: Redditi e principali variabili IRPEF su base comunale, anno d'imposta 2024 (personal income tax returns by municipality), read 23 October 2026 · saved copy (SHA-256 75cecc95d72b…)
- Eurostat: Eurostat dataset nama_10r_3gva: Gross value added at basic prices by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 c656e8563bdf…)
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