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Economy, jobs and prices in Firenze (Tuscany, Italy): official figures

GDP per person was 48,400 purchasing power standards (PPS) in 2023, 126% of the EU average (98% for Italy); 9th highest of 107 provinces in Italy.

GDP per person (PPS)
48,400
2023
People in work
530,800
2023

How big is the economy of Firenze?

The local economy produced €46.1 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Firenze?

About 530,800 people worked in Firenze in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the employment rate in Florence?

The employment rate for people aged 20 to 64 in Florence was 79.6% in 2024 (73.1% for women), above the national figure of 67.1% and 2nd highest among provinces.

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

What is the average income in Florence?

Households in Florence had €26,194 of disposable income per person in 2023 (8th highest in Italy).

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

What is the average salary in Florence?

Private-sector employees (outside farming) in Florence earned an average of €24,515 gross a year in 2023, against €23,630 nationally; that is 26th highest of 107 provinces.

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

What is the average pension in Florence?

Pensioners in Florence received an average of €23,811 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 Florence?

Taxpayers in Florence declared an average income of €28,520 for 2024, 9th highest among the 107 provinces; 769,165 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 Florence?

7.5% of taxpayers in Florence declared more than €55,000 for 2024 and 1.18% 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 Firenze?

The largest part of the economy of Firenze in 2023 was finance, property and business services, at 30.4% of gross value added, followed by trade, transport, hospitality and communications (26.5%).

Source: Eurostat · saved copy

How industrial is Firenze?

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

Source: Eurostat · saved copy

How fast is the economy of Firenze growing?

Gross value added rose from €32.2 billion in 2015 to €41.4 billion in 2023 in current prices, an increase of 29% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Firenze?

Of the 530,800 jobs located in Firenze in 2023, 29% in public services, education, health and other services, 18% in industry and 1.6% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Firenze?

The number of people working in Firenze rose by 7.0% between 2015 and 2023, to 530,800.

Source: Eurostat · saved copy

More figures

How Firenze compares with other provinces in Italy

Disposable household income per person (€) (2023)

Firenze ranks 8 of 107, highest first.

RankAreaDisposable household income per person (€)
5Genova€27,106
6Parma€27,083
7Reggio nell’Emilia€26,654
8Firenze€26,194
9Modena€26,077
10Torino€25,853
11Roma€25,508
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Firenze ranks 26 of 107, highest first.

RankAreaAverage gross annual pay, private-sector employees (€)
23Alessandria€24,682
24Vercelli€24,671
25Brescia€24,588
26Firenze€24,515
27Piacenza€24,380
28Mantova€24,359
29Como€24,241
Source: Istat (Istituto Nazionale di Statistica) · saved copy

Average declared income per taxpayer (€) (2024)

Firenze ranks 9 of 107, highest first.

RankAreaAverage declared income per taxpayer (€)
6Parma€29,771
7Roma€29,710
8Modena€28,856
9Firenze€28,520
10Trieste€28,404
11Reggio nell’Emilia€28,350
12Torino€28,340
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

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

Firenze ranks 2 of 107, highest first.

RankAreaEmployment rate, ages 20-64 (%)
1Bolzano-Bozen79.9%
2Firenze79.6%
3Prato79.6%
4Padova78.3%
5Valle d’Aosta/Vallée d’Aoste77.6%
6Milano77.2%
7Siena77.2%
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Firenze ranks 51 of 107, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
48Verona21.6%
49Frosinone21.2%
50Massa-Carrara20.6%
51Firenze20.3%
52Terni20.0%
53Siena19.9%
54Pistoia19.4%
Source: Eurostat · saved copy

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

Firenze ranks 11 of 107, highest first.

RankAreaShare of output from finance, property and business services
8Torino30.7%
9Pavia30.7%
10Prato30.6%
11Firenze30.4%
12Rimini30.4%
13Ferrara30.0%
14Genova29.8%
Source: Eurostat · saved copy

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

Firenze ranks 75 of 107, highest first.

RankAreaShare of output from public administration, education, health and other services
72Asti17.7%
73Vercelli17.7%
74Pistoia17.6%
75Firenze17.5%
76Ravenna17.5%
77Pesaro e Urbino17.4%
78Sondrio17.4%
Source: Eurostat · saved copy

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

Sources

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