State IntegrityReceipts, not verdicts

Economy, jobs and prices in Verbano-Cusio-Ossola (Piedmont, Italy): official figures

GDP per person was 30,100 purchasing power standards (PPS) in 2023, 78% of the EU average (98% for Italy); 71st highest of 107 provinces in Italy.

GDP per person (PPS)
30,100
2023
People in work
58,400
2023

How big is the economy of Verbano-Cusio-Ossola?

The local economy produced €4.5 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Verbano-Cusio-Ossola?

About 58,400 people worked in Verbano-Cusio-Ossola in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the employment rate in Verbano-Cusio-Ossola?

The employment rate for people aged 20 to 64 in Verbano-Cusio-Ossola was 75.4% in 2024 (68.6% for women), above the national figure of 67.1% and 24th highest among provinces.

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

What is the average income in Verbano-Cusio-Ossola?

Households in Verbano-Cusio-Ossola had €21,077 of disposable income per person in 2023 (50th lowest in Italy).

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

What is the average salary in Verbano-Cusio-Ossola?

Private-sector employees (outside farming) in Verbano-Cusio-Ossola earned an average of €20,722 gross a year in 2023, against €23,630 nationally; that is 52nd lowest of 107 provinces.

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

What is the average pension in Verbano-Cusio-Ossola?

Pensioners in Verbano-Cusio-Ossola received an average of €20,850 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 Verbano-Cusio-Ossola?

Taxpayers in Verbano-Cusio-Ossola declared an average income of €24,333 for 2024, 49th lowest among the 107 provinces; 117,127 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 Verbano-Cusio-Ossola?

4.4% of taxpayers in Verbano-Cusio-Ossola declared more than €55,000 for 2024 and 0.33% 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 Verbano-Cusio-Ossola?

The largest part of the economy of Verbano-Cusio-Ossola in 2023 was finance, property and business services, at 27.5% of gross value added, followed by trade, transport, hospitality and communications (24.5%).

Source: Eurostat · saved copy

How industrial is Verbano-Cusio-Ossola?

Industry (manufacturing, mining and energy) made up 18.6% of output in 2023, against 20.3% for Italy.

Source: Eurostat · saved copy

How fast is the economy of Verbano-Cusio-Ossola growing?

Gross value added rose from €3.3 billion in 2015 to €4.0 billion in 2023 in current prices, an increase of 21% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Verbano-Cusio-Ossola?

Of the 58,400 jobs located in Verbano-Cusio-Ossola in 2023, 30% in public services, education, health and other services, 16% in industry and 1.2% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Verbano-Cusio-Ossola?

The number of people working in Verbano-Cusio-Ossola fell by 1.7% between 2015 and 2023, to 58,400.

Source: Eurostat · saved copy

More figures

How Verbano-Cusio-Ossola compares with other provinces in Italy

Disposable household income per person (€) (2023)

Verbano-Cusio-Ossola ranks 58 of 107, highest first.

RankAreaDisposable household income per person (€)
55Cremona€21,278
56Ancona€21,270
57La Spezia€21,205
58Verbano-Cusio-Ossola€21,077
59Pistoia€21,072
60Pescara€21,065
61Imperia€21,051
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Verbano-Cusio-Ossola ranks 56 of 107, highest first.

RankAreaAverage gross annual pay, private-sector employees (€)
53Terni€20,923
54Massa-Carrara€20,917
55Chieti€20,779
56Verbano-Cusio-Ossola€20,722
57Livorno€20,404
58Frosinone€20,333
59Cagliari€20,230
Source: Istat (Istituto Nazionale di Statistica) · saved copy

Average declared income per taxpayer (€) (2024)

Verbano-Cusio-Ossola ranks 59 of 107, highest first.

RankAreaAverage declared income per taxpayer (€)
56Massa-Carrara€24,711
57Pistoia€24,469
58Terni€24,366
59Verbano-Cusio-Ossola€24,333
60Macerata€24,312
61Rovigo€23,920
62Rimini€23,730
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

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

Verbano-Cusio-Ossola ranks 24 of 107, highest first.

RankAreaEmployment rate, ages 20-64 (%)
21Forlì-Cesena75.8%
22Udine75.8%
23Cremona75.4%
24Verbano-Cusio-Ossola75.4%
25Treviso75.2%
26Modena74.9%
27Ravenna74.9%
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Verbano-Cusio-Ossola ranks 59 of 107, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
56Savona19.2%
57Avellino18.7%
58Venezia18.7%
59Verbano-Cusio-Ossola18.6%
60Trento18.1%
61La Spezia17.6%
62Campobasso16.5%
Source: Eurostat · saved copy

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

Verbano-Cusio-Ossola ranks 34 of 107, highest first.

RankAreaShare of output from finance, property and business services
31Sassari27.9%
32Cosenza27.8%
33Valle d’Aosta/Vallée d’Aoste27.7%
34Verbano-Cusio-Ossola27.5%
35Massa-Carrara27.5%
36Rieti27.3%
37Ascoli Piceno27.3%
Source: Eurostat · saved copy

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

Verbano-Cusio-Ossola ranks 48 of 107, highest first.

RankAreaShare of output from public administration, education, health and other services
45Gorizia22.3%
46Terni22.1%
47Livorno22.0%
48Verbano-Cusio-Ossola21.5%
49Ancona21.0%
50Udine20.9%
51Latina20.9%
Source: Eurostat · saved copy

More on Verbano-Cusio-Ossola: overview · health · education and schools · poverty and living standards · government budget · government and politics · Piedmont · Italy

Sources

Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.