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.
How big is the economy of Torino?
The local economy produced €86.0 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Torino?
About 1,013,400 people worked in Torino in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat 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 copyWhat 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 copyWhat 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 copyWhat 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 copyWhat 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 copyHow 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 copyWhat 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 copyHow industrial is Torino?
Industry (manufacturing, mining and energy) made up 23.3% of output in 2023, against 20.3% for Italy.
Source: Eurostat · saved copyHow 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 copyWhat 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 copyAre 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 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 Turin was 9.0% 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 Turin, 38.2% were employed in 2024 and the youth non-participation rate was 16.7% (national figures: 34.4% and 25.7%). Source: Istat (Istituto Nazionale di Statistica) · saved copy
- Employees in Turin were paid for 82.5% 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 6.6 fatal or permanently disabling workplace accidents per 10,000 workers in Turin in 2022 (below the national figure of 11.0). Source: Istat (Istituto Nazionale di Statistica) · saved copy
- In 2024, 54% of taxpayers in Turin declared employment income (average €26,774) and 36% declared pension income (average €24,687). Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy
How Torino compares with other provinces in Italy
Disposable household income per person (€) (2023)
Torino ranks 10 of 107, highest first.
| Rank | Area | Disposable household income per person (€) |
|---|---|---|
| 7 | Reggio nell’Emilia | €26,654 |
| 8 | Firenze | €26,194 |
| 9 | Modena | €26,077 |
| 10 | Torino | €25,853 |
| 11 | Roma | €25,508 |
| 12 | Savona | €25,179 |
| 13 | Valle d’Aosta/Vallée d’Aoste | €25,151 |
Average gross annual pay, private-sector employees (€) (2023)
Torino ranks 8 of 107, highest first.
| Rank | Area | Average gross annual pay, private-sector employees (€) |
|---|---|---|
| 5 | Bologna | €27,603 |
| 6 | Reggio nell’Emilia | €26,937 |
| 7 | Lecco | €26,767 |
| 8 | Torino | €26,426 |
| 9 | Bergamo | €26,083 |
| 10 | Varese | €26,059 |
| 11 | Bolzano-Bozen | €26,020 |
Average declared income per taxpayer (€) (2024)
Torino ranks 12 of 107, highest first.
| Rank | Area | Average declared income per taxpayer (€) |
|---|---|---|
| 9 | Firenze | €28,520 |
| 10 | Trieste | €28,404 |
| 11 | Reggio nell’Emilia | €28,350 |
| 12 | Torino | €28,340 |
| 13 | Varese | €28,109 |
| 14 | Padova | €28,084 |
| 15 | Piacenza | €28,043 |
Employment rate, ages 20-64 (%) (2024)
Torino ranks 36 of 107, highest first.
| Rank | Area | Employment rate, ages 20-64 (%) |
|---|---|---|
| 33 | Reggio nell’Emilia | 74.5% |
| 34 | Vicenza | 74.5% |
| 35 | Livorno | 74.2% |
| 36 | Torino | 74.2% |
| 37 | Bergamo | 74.1% |
| 38 | Mantova | 74.1% |
| 39 | Lucca | 74.0% |
Share of output from industry (manufacturing, mining and energy) (2023)
Torino ranks 40 of 107, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 37 | Lodi | 24.9% |
| 38 | Teramo | 24.0% |
| 39 | Ravenna | 23.7% |
| 40 | Torino | 23.3% |
| 41 | Sondrio | 23.0% |
| 42 | Pisa | 23.0% |
| 43 | Asti | 22.8% |
Share of output from finance, property and business services (2023)
Torino ranks 8 of 107, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 5 | Como | 31.2% |
| 6 | Biella | 31.0% |
| 7 | Siena | 30.8% |
| 8 | Torino | 30.7% |
| 9 | Pavia | 30.7% |
| 10 | Prato | 30.6% |
| 11 | Firenze | 30.4% |
Share of output from public administration, education, health and other services (2023)
Torino ranks 79 of 107, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 76 | Ravenna | 17.5% |
| 77 | Pesaro e Urbino | 17.4% |
| 78 | Sondrio | 17.4% |
| 79 | Torino | 17.2% |
| 80 | Belluno | 16.9% |
| 81 | Lucca | 16.6% |
| 82 | Alessandria | 16.5% |
More on Torino: overview · health · education and schools · poverty and living standards · government budget · government and politics · Piedmont · 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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