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

GDP per person was 40,400 purchasing power standards (PPS) in 2024, 101% of the EU average; 11th highest of 21 regions in Italy. PPS adjust for price differences between countries.

GDP per person (PPS)
40,400
2024
GDP per person (euros)
38,600
2024
GDP (million euros)
164,165
2024
Unemployment rate
6.0%
2025
Youth unemployment rate
19.3%
2025
Employment rate (20-64)
74.3%
2025
R&D spending (% of GDP)
2.20%
2024
Workers in irregular (undeclared) jobs (%)
8.3%
2022

How big is the economy of Piedmont?

The regional economy produced €164.2 billion of output (GDP at market prices) in 2024, 7.5% of Italy's GDP.

Source: Eurostat · saved copy

What is the unemployment rate in Piedmont?

The unemployment rate (age 15 to 74) was 6.0% in 2025, against 6.1% for Italy and 6.0% across the EU; 8th highest of 21 regions in Italy.

Source: Eurostat · saved copy

What is youth unemployment in Piedmont?

Youth unemployment (age 15 to 24) was 19.3% in 2025, against 20.6% for Italy; 11th highest of 18 regions in Italy.

Source: Eurostat · saved copy

What share of adults in Piedmont are in work?

The employment rate (age 20 to 64) was 74.3% in 2025, against 67.6% for Italy and 76.1% across the EU; 10th highest of 21 regions in Italy.

Source: Eurostat · saved copy

How much does Piedmont spend on research and development?

Spending on research and development came to 2.20% of GDP in 2024 (1.41% nationally).

Source: Eurostat · saved copy

How much undeclared work is there in Piedmont?

Istat estimates that 8.3% of people in work in Piedmont were in irregular, undeclared jobs in 2022 (Italy 9.7%): 10th lowest of 21 regions and autonomous provinces.

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

How many workers in Piedmont are low paid?

9.2% of employees in Piedmont earned less than two-thirds of the median hourly wage in 2020 (Italy 10.1%), 11th highest of 21 regions and autonomous provinces, up from 8.7% in 2015.

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

What is the real unemployment rate in Piedmont?

The labour non-participation rate, which adds people available to work but not searching to the unemployed, was 9.0% in Piedmont in 2025 (Italy 12.6%), 10th lowest of 21 regions and autonomous provinces, down from 13.5% in 2020.

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

Are young graduates leaving Piedmont?

Piedmont had a net migration rate of +11.7 per 1,000 resident Italian graduates aged 25 to 39 in 2023 (Italy -6.2), counting moves to and from other regions and abroad: 3rd best of 21 regions and autonomous provinces.

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

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

6.9% of people in work in Piedmont were in part-time jobs because they could not find full-time work in 2025 (Italy 7.7%), 7th lowest of 21 regions and autonomous provinces, down from 11.0% in 2020.

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

How many workers in Piedmont are stuck on temporary contracts?

13.3% of people on temporary contracts in Piedmont had been in fixed-term work for at least five years in 2025 (Italy 21.3%), up from 12.5% in 2020.

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

Are graduates in Piedmont overqualified for their jobs?

22.6% of employed graduates aged 25 to 64 in Piedmont held jobs that did not need a degree in 2025 (Italy 20.9%), up from 19.5% in 2020.

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

How dangerous is work in Piedmont?

Workplace accidents causing death or permanent disability ran at 8.0 per 10,000 people in work in Piedmont in 2022 (Italy 11.0).

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

How many high-skilled jobs are there in Piedmont?

Knowledge workers, graduates in scientific and technical occupations, made up 17.1% of employment in Piedmont in 2025 (Italy 19.2%), up from 16.8% in 2020.

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

How many people in Piedmont are long-term unemployed?

In 2025, 2.7% of the labour force in Piedmont had been unemployed for 12 months or more (Italy: 3.1%; EU: 1.9%); 9th highest of 18 regions in Italy. In 2015 it was 5.9%.

Source: Eurostat · saved copy

What is the unemployment rate for women in Piedmont?

Unemployment among women was 6.8% in 2025 (Italy: 6.8%; EU: 6.2%); 7th highest of 20 regions in Italy. In 2015 it was 10.5%.

Source: Eurostat · saved copy

How many women in Piedmont are in work?

The employment rate for women aged 20 to 64 reached 67.7% in 2025 (Italy: 58.0%; EU: 71.3%); 8th highest of 21 regions in Italy. In 2015 it was 60.7%.

Source: Eurostat · saved copy

Is the economy of Piedmont growing?

In real terms the economy of Piedmont grew by 1.1% in 2024 (gross value added), compared with 0.7% nationally; 5th highest of 21 regions in Italy. In 2014 it was -1.1%.

Source: Eurostat · saved copy

How many cars are there in Piedmont?

There were 723 passenger cars per 1,000 people in 2024, compared with 701 nationally; 11th highest of 21 regions in Italy. In 2014 it was 643.

Source: Eurostat · saved copy

What is the average salary in Piedmont?

Employers paid an average of €25,990 per employee in 2023, counting wages, salaries and employer social contributions, against €25,343 across Italy; 7th highest of 21 regions in Italy.

Source: Eurostat · saved copy

How many tourists visit Piedmont?

Hotels, campsites and other tourist accommodation recorded 18.2 million nights in 2025, 53% of them by visitors from abroad.

Source: Eurostat · saved copy

What is the main industry in Piedmont?

The largest part of the economy of Piedmont in 2024 was finance, property and business services, at 29.8% of gross value added, followed by industry (manufacturing, mining and energy) (24.1%).

Source: Eurostat · saved copy

How industrial is Piedmont?

Industry (manufacturing, mining and energy) made up 24.1% of output in 2024, against 19.0% for Italy.

Source: Eurostat · saved copy

How fast is the economy of Piedmont growing?

Gross value added rose from €111.1 billion in 2015 to €146.7 billion in 2024 in current prices, an increase of 32% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Piedmont?

Of the 1,964,000 jobs located in Piedmont in 2024, 26% in public services, education, health and other services, 20% in industry and 2.5% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Piedmont?

The number of people working in Piedmont rose by 8.0% between 2015 and 2024, to 1,964,000.

Source: Eurostat · saved copy

How Piedmont compares with other regions

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

Piedmont ranks 12 of 21, highest first.

RankRegionWorkers in irregular (undeclared) jobs (%)
9Abruzzo10.8%
10Umbria9.5%
11Liguria9.3%
12Piedmont8.3%
13Marche8.1%
14Valle d’Aosta/Vallée d’Aoste8.0%
15Tuscany8.0%
Source: Istat (Italian National Institute of Statistics) · saved copy

Employees with low hourly pay (%) (2020)

Piedmont ranks 11 of 21, highest first.

RankRegionEmployees with low hourly pay (%)
8Sardinia10.7%
9Umbria9.5%
10Molise9.4%
11Piedmont9.2%
12Tuscany9.1%
13Liguria8.9%
14Emilia-Romagna8.3%
Source: Istat (Italian National Institute of Statistics) · saved copy

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

Piedmont ranks 12 of 21, highest first.

RankRegionLabour non-participation rate, 15-74 (%)
9Lazio10.7%
10Marche9.3%
11Liguria9.2%
12Piedmont9.0%
13Umbria8.0%
14Tuscany7.9%
15Friuli-Venezia Giulia7.2%
Source: Istat (Italian National Institute of Statistics) · saved copy

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

Piedmont ranks 3 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)

Piedmont ranks 15 of 21, highest first.

RankRegionInvoluntary part-time workers (%)
12Apulia7.8%
13Abruzzo7.7%
14Friuli-Venezia Giulia7.1%
15Piedmont6.9%
16Provincia Autonoma di Trento6.6%
17Lombardy6.5%
18Valle d’Aosta/Vallée d’Aoste6.4%
Source: Istat (Italian National Institute of Statistics) · saved copy

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

Piedmont ranks 9 of 18, highest first.

RankRegionLong-term unemployment (% of labour force)
6Sardinia3.9%
7Abruzzo3.3%
8Lazio2.9%
9Piedmont2.7%
10Basilicata2.7%
11Friuli-Venezia Giulia2.3%
12Marche2.0%
Source: Eurostat · saved copy

Unemployment rate, women (2025)

Piedmont ranks 7 of 20, highest first.

RankRegionUnemployment rate, women
4Calabria10.7%
5Sardinia9.0%
6Abruzzo7.1%
7Piedmont6.8%
8Molise6.8%
9Basilicata6.0%
10Lazio5.9%
Source: Eurostat · saved copy

Employment rate, women aged 20-64 (2025)

Piedmont ranks 8 of 21, highest first.

RankRegionEmployment rate, women aged 20-64
5Tuscany69.2%
6Friuli-Venezia Giulia68.7%
7Umbria68.0%
8Piedmont67.7%
9Marche67.5%
10Lombardy66.9%
11Liguria66.6%
Source: Eurostat · saved copy

Real growth in gross value added (2024)

Piedmont ranks 5 of 21, highest first.

RankRegionReal growth in gross value added
2Lombardy1.2%
3Lazio1.2%
4Sardinia1.2%
5Piedmont1.1%
6Valle d’Aosta/Vallée d’Aoste1.1%
7Friuli-Venezia Giulia1.0%
8Basilicata1.0%
Source: Eurostat · saved copy

Passenger cars per 1,000 people (2024)

Piedmont ranks 11 of 21, highest first.

RankRegionPassenger cars per 1,000 people
8Basilicata738
9Sicily733
10Abruzzo728
11Piedmont723
12Sardinia719
13Marche718
14Lazio701
Source: Eurostat · saved copy

Compensation per employee (euros) (2023)

Piedmont ranks 7 of 21, highest first.

RankRegionCompensation per employee (euros)
4Provincia Autonoma di Trento€26,793
5Friuli-Venezia Giulia€26,330
6Emilia-Romagna€26,329
7Piedmont€25,990
8Liguria€25,918
9Veneto€25,479
10Valle d’Aosta/Vallée d’Aoste€25,435
Source: Eurostat · saved copy

Nights spent in tourist accommodation (2025)

Piedmont ranks 12 of 21, highest first.

RankRegionNights spent in tourist accommodation
9Apulia22.7 million
10Provincia Autonoma di Trento22.7 million
11Sardinia21.7 million
12Piedmont18.2 million
13Liguria16.0 million
14Marche11.8 million
15Friuli-Venezia Giulia11.0 million
Source: Eurostat · saved copy

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

Piedmont ranks 4 of 21, highest first.

RankRegionShare of output from industry (manufacturing, mining and energy)
1Emilia-Romagna28.1%
2Veneto27.4%
3Marche25.4%
4Piedmont24.1%
5Friuli-Venezia Giulia23.5%
6Basilicata22.8%
7Lombardy21.3%
Source: Eurostat · saved copy

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

Piedmont ranks 4 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)

Piedmont ranks 18 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 Piedmont: overview · health · education and schools · poverty and living standards · government budget · government and politics · Italy

Sources

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