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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.

GDP per person (PPS)
37,300
2023
People in work
133,200
2023

How big is the economy of Prato?

The local economy produced €9.3 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Prato?

About 133,200 people worked in Prato in 2023 (employment by place of work).

Source: Eurostat · saved copy

What 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 copy

What 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 copy

What 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 copy

What 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 copy

What 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 copy

How 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 copy

What 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 copy

How 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 copy

How 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 copy

What 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 copy

Are 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 copy

More figures

How Prato compares with other provinces in Italy

Disposable household income per person (€) (2023)

Prato ranks 24 of 107, highest first.

RankAreaDisposable household income per person (€)
21Ravenna€24,555
22Padova€24,502
23Belluno€24,404
24Prato€24,218
25Pordenone€24,165
26Piacenza€23,914
27Venezia€23,894
Source: Istat (Istituto Nazionale di Statistica) · saved copy

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

Prato ranks 64 of 107, highest first.

RankAreaAverage gross annual pay, private-sector employees (€)
61Valle d’Aosta/Vallée d’Aoste€19,918
62Macerata€19,912
63Ascoli Piceno€19,805
64Prato€19,648
65L’Aquila€19,574
66Potenza€19,472
67Pescara€19,457
Source: Istat (Istituto Nazionale di Statistica) · saved copy

Average declared income per taxpayer (€) (2024)

Prato ranks 54 of 107, highest first.

RankAreaAverage declared income per taxpayer (€)
51Sondrio€25,167
52Gorizia€25,164
53Perugia€24,889
54Prato€24,774
55Pesaro e Urbino€24,717
56Massa-Carrara€24,711
57Pistoia€24,469
Source: Ministero dell'Economia e delle Finanze, Dipartimento delle Finanze · saved copy

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

Prato ranks 3 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)

Prato ranks 23 of 107, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
20Biella28.7%
21Potenza28.7%
22Gorizia27.9%
23Prato27.8%
24Padova27.5%
25Varese27.4%
26Lucca27.0%
Source: Eurostat · saved copy

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

Prato ranks 10 of 107, highest first.

RankAreaShare of output from finance, property and business services
7Siena30.8%
8Torino30.7%
9Pavia30.7%
10Prato30.6%
11Firenze30.4%
12Rimini30.4%
13Ferrara30.0%
Source: Eurostat · saved copy

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

Prato ranks 94 of 107, highest first.

RankAreaShare of output from public administration, education, health and other services
91Arezzo14.9%
92Verona14.9%
93Cremona14.9%
94Prato14.8%
95Lodi14.6%
96Cuneo14.3%
97Mantova13.4%
Source: Eurostat · saved copy

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

Sources

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