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Economy, jobs and prices in Palermo (Sicily, Italy): official figures

GDP per person was 24,800 purchasing power standards (PPS) in 2023, 65% of the EU average (98% for Italy); 85th highest of 107 provinces in Italy.

GDP per person (PPS)
24,800
2023
People in work
396,100
2023

How big is the economy of Palermo?

The local economy produced €28.7 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Palermo?

About 396,100 people worked in Palermo in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the employment rate in Palermo?

The employment rate for people aged 20 to 64 in Palermo was 48.4% in 2024 (37.0% for women), below the national figure of 67.1% and 7th lowest among provinces.

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

What is the average income in Palermo?

Households in Palermo had €17,078 of disposable income per person in 2023 (23rd lowest in Italy).

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

What is the average salary in Palermo?

Private-sector employees (outside farming) in Palermo earned an average of €17,911 gross a year in 2023, against €23,630 nationally; that is 28th lowest of 107 provinces.

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

What is the average pension in Palermo?

Pensioners in Palermo received an average of €19,885 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 Palermo?

Taxpayers in Palermo declared an average income of €21,994 for 2024, 34th lowest among the 107 provinces; 706,163 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 Palermo?

4.8% of taxpayers in Palermo declared more than €55,000 for 2024 and 0.70% 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 Palermo?

The largest part of the economy of Palermo in 2023 was public administration, education, health and other services, at 31.0% of gross value added, followed by trade, transport, hospitality and communications (28.0%).

Source: Eurostat · saved copy

How industrial is Palermo?

Industry (manufacturing, mining and energy) made up 6.6% of output in 2023, against 20.3% for Italy.

Source: Eurostat · saved copy

How fast is the economy of Palermo growing?

Gross value added rose from €20.3 billion in 2015 to €25.8 billion in 2023 in current prices, an increase of 27% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Palermo?

Of the 396,100 jobs located in Palermo in 2023, 40% in public services, education, health and other services, 7% in industry and 3.6% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Palermo?

The number of people working in Palermo rose by 6.4% between 2015 and 2023, to 396,100.

Source: Eurostat · saved copy

More figures

How Palermo compares with other provinces in Italy

Disposable household income per person (€) (2023)

Palermo ranks 85 of 107, highest first.

RankAreaDisposable household income per person (€)
82Catania€17,316
83Siracusa€17,307
84Oristano€17,097
85Palermo€17,078
86Sud Sardegna€16,944
87Potenza€16,741
88Napoli€16,735
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Palermo ranks 80 of 107, highest first.

RankAreaAverage gross annual pay, private-sector employees (€)
77Teramo€18,194
78Avellino€18,030
79Caltanissetta€18,015
80Palermo€17,911
81Rimini€17,809
82Viterbo€17,740
83Imperia€17,682
Source: Istat (Istituto Nazionale di Statistica) · saved copy

Average declared income per taxpayer (€) (2024)

Palermo ranks 74 of 107, highest first.

RankAreaAverage declared income per taxpayer (€)
71Bari€22,297
72Napoli€22,290
73Sassari€22,006
74Palermo€21,994
75Frosinone€21,992
76Latina€21,971
77Chieti€21,936
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

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

Palermo ranks 101 of 107, highest first.

RankAreaEmployment rate, ages 20-64 (%)
98Barletta-Andria-Trani50.1%
99Trapani49.8%
100Crotone49.2%
101Palermo48.4%
102Cosenza46.9%
103Caserta46.7%
104Napoli46.4%
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Palermo ranks 105 of 107, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
101Agrigento8.1%
102Nuoro8.0%
103Cosenza7.2%
104Imperia6.7%
105Palermo6.6%
106Sassari6.6%
107Reggio Calabria5.8%
Source: Eurostat · saved copy

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

Palermo ranks 55 of 107, highest first.

RankAreaShare of output from finance, property and business services
52Forlì-Cesena26.5%
53Verona26.5%
54Udine26.4%
55Palermo26.4%
56Novara26.4%
57Caltanissetta26.3%
58Parma26.3%
Source: Eurostat · saved copy

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

Palermo ranks 5 of 107, highest first.

RankAreaShare of output from public administration, education, health and other services
2Taranto33.1%
3Nuoro33.0%
4Catanzaro31.8%
5Palermo31.0%
6Trapani31.0%
7Oristano30.9%
8Messina30.6%
Source: Eurostat · saved copy

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

Sources

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