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Economy, jobs and prices in Torino (Piedmont, Italy): official figures

GDP per person was 40,500 purchasing power standards (PPS) in 2023, 105% of the EU average (98% for Italy); 25th highest of 107 provinces in Italy.

GDP per person (PPS)
40,500
2023
People in work
1,013,400
2023

How big is the economy of Torino?

The local economy produced €86.0 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Torino?

About 1,013,400 people worked in Torino in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the employment rate in Turin?

The employment rate for people aged 20 to 64 in Turin was 74.2% in 2024 (67.6% for women), above the national figure of 67.1% and 36th highest among provinces.

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

What is the average income in Turin?

Households in Turin had €25,853 of disposable income per person in 2023 (10th highest in Italy).

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

What is the average salary in Turin?

Private-sector employees (outside farming) in Turin earned an average of €26,426 gross a year in 2023, against €23,630 nationally; that is 8th highest of 107 provinces.

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

What is the average pension in Turin?

Pensioners in Turin received an average of €23,956 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 Turin?

Taxpayers in Turin declared an average income of €28,340 for 2024, 12th highest among the 107 provinces; 1,671,705 returns were filed (national average €25,816).

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

How many high earners live in Turin?

7.2% of taxpayers in Turin declared more than €55,000 for 2024 and 1.16% 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 Torino?

The largest part of the economy of Torino in 2023 was finance, property and business services, at 30.7% of gross value added, followed by industry (manufacturing, mining and energy) (23.3%).

Source: Eurostat · saved copy

How industrial is Torino?

Industry (manufacturing, mining and energy) made up 23.3% of output in 2023, against 20.3% for Italy.

Source: Eurostat · saved copy

How fast is the economy of Torino growing?

Gross value added rose from €59.7 billion in 2015 to €77.2 billion in 2023 in current prices, an increase of 29% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Torino?

Of the 1,013,400 jobs located in Torino in 2023, 28% in public services, education, health and other services, 18% in industry and 1.0% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Torino?

The number of people working in Torino rose by 6.1% between 2015 and 2023, to 1,013,400.

Source: Eurostat · saved copy

More figures

How Torino compares with other provinces in Italy

Disposable household income per person (€) (2023)

Torino ranks 10 of 107, highest first.

RankAreaDisposable household income per person (€)
7Reggio nell’Emilia€26,654
8Firenze€26,194
9Modena€26,077
10Torino€25,853
11Roma€25,508
12Savona€25,179
13Valle d’Aosta/Vallée d’Aoste€25,151
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Torino ranks 8 of 107, highest first.

RankAreaAverage gross annual pay, private-sector employees (€)
5Bologna€27,603
6Reggio nell’Emilia€26,937
7Lecco€26,767
8Torino€26,426
9Bergamo€26,083
10Varese€26,059
11Bolzano-Bozen€26,020
Source: Istat (Istituto Nazionale di Statistica) · saved copy

Average declared income per taxpayer (€) (2024)

Torino ranks 12 of 107, highest first.

RankAreaAverage declared income per taxpayer (€)
9Firenze€28,520
10Trieste€28,404
11Reggio nell’Emilia€28,350
12Torino€28,340
13Varese€28,109
14Padova€28,084
15Piacenza€28,043
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

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

Torino ranks 36 of 107, highest first.

RankAreaEmployment rate, ages 20-64 (%)
33Reggio nell’Emilia74.5%
34Vicenza74.5%
35Livorno74.2%
36Torino74.2%
37Bergamo74.1%
38Mantova74.1%
39Lucca74.0%
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Torino ranks 40 of 107, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
37Lodi24.9%
38Teramo24.0%
39Ravenna23.7%
40Torino23.3%
41Sondrio23.0%
42Pisa23.0%
43Asti22.8%
Source: Eurostat · saved copy

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

Torino ranks 8 of 107, highest first.

RankAreaShare of output from finance, property and business services
5Como31.2%
6Biella31.0%
7Siena30.8%
8Torino30.7%
9Pavia30.7%
10Prato30.6%
11Firenze30.4%
Source: Eurostat · saved copy

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

Torino ranks 79 of 107, highest first.

RankAreaShare of output from public administration, education, health and other services
76Ravenna17.5%
77Pesaro e Urbino17.4%
78Sondrio17.4%
79Torino17.2%
80Belluno16.9%
81Lucca16.6%
82Alessandria16.5%
Source: Eurostat · saved copy

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

Sources

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