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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.

GDP per person (PPS)
30,500
2023
People in work
70,700
2023

How big is the economy of Fermo?

The local economy produced €4.9 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Fermo?

About 70,700 people worked in Fermo in 2023 (employment by place of work).

Source: Eurostat · saved copy

What 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 copy

What 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 copy

What 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 copy

What 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 copy

What 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 copy

How 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 copy

What 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 copy

How industrial is Fermo?

Industry (manufacturing, mining and energy) made up 29.9% of output in 2023, against 20.3% for Italy.

Source: Eurostat · saved copy

How 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 copy

What 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 copy

Are 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 copy

More figures

How Fermo compares with other provinces in Italy

Disposable household income per person (€) (2023)

Fermo ranks 53 of 107, highest first.

RankAreaDisposable household income per person (€)
50Grosseto€21,698
51Ascoli Piceno€21,662
52Mantova€21,531
53Fermo€21,464
54Pavia€21,323
55Cremona€21,278
56Ancona€21,270
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Fermo ranks 70 of 107, highest first.

RankAreaAverage gross annual pay, private-sector employees (€)
67Pescara€19,457
68Bari€19,379
69Latina€19,338
70Fermo€18,885
71Campobasso€18,565
72Rieti€18,480
73Napoli€18,406
Source: Istat (Istituto Nazionale di Statistica) · saved copy

Average declared income per taxpayer (€) (2024)

Fermo ranks 70 of 107, highest first.

RankAreaAverage declared income per taxpayer (€)
67Rieti€23,315
68Imperia€22,905
69Viterbo€22,665
70Fermo€22,662
71Bari€22,297
72Napoli€22,290
73Sassari€22,006
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

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

Fermo ranks 63 of 107, highest first.

RankAreaEmployment rate, ages 20-64 (%)
60Imperia70.4%
61Terni70.1%
62Macerata69.7%
63Fermo69.1%
64Sondrio68.7%
65Savona68.5%
66Pescara68.4%
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Fermo ranks 16 of 107, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
13Mantova30.7%
14Novara30.7%
15Pesaro e Urbino30.1%
16Fermo29.9%
17Cuneo29.7%
18Cremona29.7%
19Alessandria29.2%
Source: Eurostat · saved copy

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

Fermo ranks 84 of 107, highest first.

RankAreaShare of output from finance, property and business services
81Rovigo24.7%
82Pordenone24.7%
83Benevento24.7%
84Fermo24.7%
85Arezzo24.6%
86Alessandria24.6%
87Ragusa24.6%
Source: Eurostat · saved copy

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

Fermo ranks 71 of 107, highest first.

RankAreaShare of output from public administration, education, health and other services
68Rimini17.9%
69Macerata17.8%
70Venezia17.8%
71Fermo17.7%
72Asti17.7%
73Vercelli17.7%
74Pistoia17.6%
Source: Eurostat · saved copy

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

Sources

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