Economy, jobs and prices in Prato (Tuscany, Italy): official figures
GDP per person was 37,300 purchasing power standards (PPS) in 2023, 97% of the EU average (98% for Italy); 41st highest of 107 provinces in Italy.
How big is the economy of Prato?
The local economy produced €9.3 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Prato?
About 133,200 people worked in Prato in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the employment rate in Prato?
The employment rate for people aged 20 to 64 in Prato was 79.6% in 2024 (74.0% for women), above the national figure of 67.1% and 3rd highest among provinces.
Source: Istat (Istituto Nazionale di Statistica) · saved copyWhat is the average income in Prato?
Households in Prato had €24,218 of disposable income per person in 2023 (24th highest in Italy).
Source: Istat (Istituto Nazionale di Statistica) · saved copyWhat is the average salary in Prato?
Private-sector employees (outside farming) in Prato earned an average of €19,648 gross a year in 2023, against €23,630 nationally; that is 44th lowest of 107 provinces.
Source: Istat (Istituto Nazionale di Statistica) · saved copyWhat is the average pension in Prato?
Pensioners in Prato received an average of €21,343 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 Prato?
Taxpayers in Prato declared an average income of €24,774 for 2024, 54th highest among the 107 provinces; 204,830 returns were filed (national average €25,816).
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copyHow many high earners live in Prato?
5.4% of taxpayers in Prato declared more than €55,000 for 2024 and 0.97% 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 Prato?
The largest part of the economy of Prato in 2023 was finance, property and business services, at 30.6% of gross value added, followed by industry (manufacturing, mining and energy) (27.8%).
Source: Eurostat · saved copyHow industrial is Prato?
Factories, mines and energy produced 27.8% of the value added in Prato in 2023, against 20.3% for Italy.
Source: Eurostat · saved copyHow fast is the economy of Prato growing?
Gross value added rose from €6.6 billion in 2015 to €8.4 billion in 2023 in current prices, an increase of 26% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Prato?
Of the 133,200 jobs located in Prato in 2023, 20% in public services, education, health and other services, 37% in industry and 0.4% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Prato?
The number of people working in Prato rose by 12.9% between 2015 and 2023, to 133,200.
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 Prato was 4.9% 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 Prato, 46.8% were employed in 2024 and the youth non-participation rate was 8.5% (national figures: 34.4% and 25.7%). Source: Istat (Istituto Nazionale di Statistica) · saved copy
- Employees in Prato were paid for 81.8% 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 10.0 fatal or permanently disabling workplace accidents per 10,000 workers in Prato in 2022 (below the national figure of 11.0). Source: Istat (Istituto Nazionale di Statistica) · saved copy
- In 2024, 61% of taxpayers in Prato declared employment income (average €21,602) and 29% declared pension income (average €21,798). Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy
How Prato compares with other provinces in Italy
Disposable household income per person (€) (2023)
Prato ranks 24 of 107, highest first.
| Rank | Area | Disposable household income per person (€) |
|---|---|---|
| 21 | Ravenna | €24,555 |
| 22 | Padova | €24,502 |
| 23 | Belluno | €24,404 |
| 24 | Prato | €24,218 |
| 25 | Pordenone | €24,165 |
| 26 | Piacenza | €23,914 |
| 27 | Venezia | €23,894 |
Average gross annual pay, private-sector employees (€) (2023)
Prato ranks 64 of 107, highest first.
| Rank | Area | Average gross annual pay, private-sector employees (€) |
|---|---|---|
| 61 | Valle d’Aosta/Vallée d’Aoste | €19,918 |
| 62 | Macerata | €19,912 |
| 63 | Ascoli Piceno | €19,805 |
| 64 | Prato | €19,648 |
| 65 | L’Aquila | €19,574 |
| 66 | Potenza | €19,472 |
| 67 | Pescara | €19,457 |
Average declared income per taxpayer (€) (2024)
Prato ranks 54 of 107, highest first.
| Rank | Area | Average declared income per taxpayer (€) |
|---|---|---|
| 51 | Sondrio | €25,167 |
| 52 | Gorizia | €25,164 |
| 53 | Perugia | €24,889 |
| 54 | Prato | €24,774 |
| 55 | Pesaro e Urbino | €24,717 |
| 56 | Massa-Carrara | €24,711 |
| 57 | Pistoia | €24,469 |
Employment rate, ages 20-64 (%) (2024)
Prato ranks 3 of 107, highest first.
| Rank | Area | Employment rate, ages 20-64 (%) |
|---|---|---|
| 1 | Bolzano-Bozen | 79.9% |
| 2 | Firenze | 79.6% |
| 3 | Prato | 79.6% |
| 4 | Padova | 78.3% |
| 5 | Valle d’Aosta/Vallée d’Aoste | 77.6% |
| 6 | Milano | 77.2% |
| 7 | Siena | 77.2% |
Share of output from industry (manufacturing, mining and energy) (2023)
Prato ranks 23 of 107, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 20 | Biella | 28.7% |
| 21 | Potenza | 28.7% |
| 22 | Gorizia | 27.9% |
| 23 | Prato | 27.8% |
| 24 | Padova | 27.5% |
| 25 | Varese | 27.4% |
| 26 | Lucca | 27.0% |
Share of output from finance, property and business services (2023)
Prato ranks 10 of 107, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 7 | Siena | 30.8% |
| 8 | Torino | 30.7% |
| 9 | Pavia | 30.7% |
| 10 | Prato | 30.6% |
| 11 | Firenze | 30.4% |
| 12 | Rimini | 30.4% |
| 13 | Ferrara | 30.0% |
Share of output from public administration, education, health and other services (2023)
Prato ranks 94 of 107, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 91 | Arezzo | 14.9% |
| 92 | Verona | 14.9% |
| 93 | Cremona | 14.9% |
| 94 | Prato | 14.8% |
| 95 | Lodi | 14.6% |
| 96 | Cuneo | 14.3% |
| 97 | Mantova | 13.4% |
More on Prato: overview · health · education and schools · poverty and living standards · government budget · government and politics · Tuscany · 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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