Average salary in Italy in 2024. Who earns the most?

If you wonder what the average salary is in Italy, there is various data that answers this question.
But every data, as we know, must be well interpreted.
When talking about average salaries, in Italy as in the rest of the world, reporting just one number – for example 30,284 euros a year for private sector employees – is not enough.
Is this money net and gross? What training do the workers who earn this salary have? How do salaries vary based on the sector, the region and the age of the employee? For this reason Money.it has created a complete guide on everything you need to know about the average salary in Italy in 2024.
Average salary in Italy: complete guide Average salary in Italy in 2024 Average annual salary in Italy Average salary per month in Italy Average salary in Italy in Public Administration Average salary: the sectors that pay the most in Italy Average salary in Italy by Region Average salary in Italy by city Average salary in Italy by age Average salary in Europe.
Where is Italy? Average salary forecast in Italy 2024 FAQ Average salary in Italy in 2024 Let's start by taking as a reference the data from the JobPricing Observatory entitled "Salary Outlook 2023", which reports the data on the average salary in Italy updated to the second half of 2022.
The data collection, in fact, takes time, and the average Italian salary in 2024 is still unknown, and in any case constantly changing.
The study reports RAL as an indicator of the average salary.
The RAL, Gross Annual Salary, represents the amount of money that the employee receives from his employer, a number from which the Irpef and social security deductions paid by the worker must then be subtracted.
The net salary, on the other hand, represents the money that the worker actually receives from the employer via bank transfer.
Average annual salary in Italy The average salary in Italy is 30,284 euros gross per year in the private sector.
This means that workers employed in the company, and not in the public sector, receive on average every year just over 30,000 euros gross, or around 24,000 euros net.
The gross annual salary is given by the sum of the gross reported on the pay slip, while the net salary is how much the worker actually puts "in his pocket", in light of the deductions in the pay slip such as taxes (Iperf) and social security contributions (Inps or other social security fund), municipal taxes, etc.
The average annual salary varies based on the worker's classification.
Below are the average salaries per year divided by classification in Italy: Average annual salary (national average): 30,284 euros gross (approximately 24,000 euros net) Average annual salary for executives: 103,418 euros gross (approximately 57,000 euros net) Average annual salary at middle management level : 55,632 euros gross (approximately 34,000 euros net) Average annual salary of employees: 32,174 euros gross (approximately 24,700 euros net) Average annual salary of workers: 25,522 euros gross (approximately 21,000 euros net) Average salary per month in Italy The average monthly salary, however , in addition to varying according to the category, it changes according to your collective agreement.
This may provide for the worker to receive 13 monthly payments (one for each month of the year plus the thirteenth, paid in December) or 14 monthly payments (one for each month of the year plus the thirteenth and plus the fourteenth, paid in July).
Below, the average monthly salaries of Italian workers, again in the private sector: Average monthly salary (national average): 2,329.53 euros gross (1,846 euros net) for 13 months.
2,163 euros gross (1,714 euros net) for 14 months.
Average monthly salary for managers: 7,955 euros gross (4,384 euros net) for 13 months.
7,387 euros gross (4,071 euros net) for 14 months.
Average monthly salary at middle level: 4,279 euros gross (2,615 euros net) for 13 months.
3,973 gross (2,428 euros net) for 14 months.
Average monthly salary for employees: 2,475 euros gross (1,900 euros net) for 13 months.
2,298 euros gross (1,764 euros net) for 14 months.
Average monthly salary for workers: 1,963 euros gross (1,615 euros net) for 13 months.
1,823 euros gross (1,500 euros net) for 14 months.
Processed by Money.it As you can see, the higher the salary, the greater the deductions which lower the net income.
Conversely, the lower the average gross salary, the lower the deductions.
If for managers the difference between average gross salary and average net salary is around 45%, for workers the same variation is equal to 17.7%.
Average salary in Italy in Public Administration According to the data disclosed by INPS by the General Statistical Actuarial Coordination, the average salary in Public Administration is equal to 34,153 euros gross, to be understood as social security taxable amount.
The average, explains the institute, is calculated as the ratio between the overall remuneration received by all workers with at least one paid day in the year and the number of the same workers.
Below we report the average salaries in Italy in the public sector, divided into the main macro-sectors serving the community and updated to 2022.
Average salary in Italy Public Administration per year: Average annual salary (national average): 34,153 euros gross (25,817 euros net) Average annual salary of Central Administrations, Judiciary and Independent Authorities: 44,541 euros gross (29,217 euros net) Average annual salary of Local Administrations (Regions, Provinces, Municipalities): 29,746 euros gross (23,527 euros net) Average annual salary of Armed Forces, Corps Police and Fire Brigade: 46,791 euros gross (30,282 euros net) Average annual salary School: 24,617 gross (20,693 euros net) Average annual salary Health Service: 40,996 euros gross (27,841 net) Average annual salary Universities and research institutions: 49,533 euros gross (31,579 euros net) Average salary in Italy for the Public Administration per month, calculated over 13 months: Average monthly salary (national average): 2,627 gross (1,985 euros net) Average annual salary for Central Administrations, Judiciary and Independent Authorities: 3,426 gross ( 2,247 euros net) Average annual salary Local administrations (Regions, Provinces, Municipalities): 2,288 euros net (1,809 euros net) Average annual salary of the Armed Forces, Police and Fire Brigades: 3,599 euros gross (2,329 euros net) Average annual salary School: 1,893 euros gross (1,591 euros net) Average annual salary Health Service: 3,153 euros gross (2,141 euros net) Average annual salary Universities and research institutions: 3,810 euros gross (2,429 euros net) Processed by Money.it Average salary: i sectors that pay the most in Italy The statistics reported so far are able to give us a general idea of what the average level of salaries is in Italy, both in the private and public sectors.
However, RALs vary greatly depending on the sector in which the employee works.
There are companies that are willing to pay very high salaries to guarantee the professionalism of appropriately trained workers.
To go even deeper into the topic of the average salary in Italy in 2024, here is the ranking of the sectors in which gross annual salaries are highest: SectorAverage gross salary per yearAverage net salary per month* Banks and financial services 46,354 euros 2,313 euros Engineering 40,372 euros 2,119 euros Pharmaceuticals and Biotech 39,209 euros 2,077 euros Telecommunications 37,925 euros 2,043 euros Insurance 37,900 euros 2,042 euros Oil & Gas 37,800 euros 2,038 euros IT and Software consultancy 37,233 euros 2,017 euros Aeronautics 35,979 euros 1.
970 euros Chemicals 34,778 euros 2,011 euros Automation 33,329 euros 1,953 euros *on 13 monthly payments.
Source: JobPricing Observatory, data processed by Money.it updated to 2022 read also The highest paid jobs in Italy: sectors and professions where you earn the most Average salary in Italy by Region To further explore the topic of the average salary in Italy it is interesting to observe how this may vary based on the region in which you work.
Sadly, there is still a substantial difference between what is earned in the North and in the South of Italy.
Below is the ranking of the Italian regions with the highest salaries, in which we report both the gross annual salary and the estimated monthly net salary.
Pos.RegionAnnual gross salaryMonthly net salary* 1 Lombardy 33,452 euros 1,958 euros 2 Lazio 32,360 euros 1,914 euros 3 Liguria 32,156 euros 1,906 euros 4 Trentino-Alto Adige 31,706 euros 1,888 euros 5 Piedmont 31,448 euros 1,878 euros 6 E milia-Romagna 31,441 euros 1,878 euros 7 Valle d'Aosta 31,128 euros 1,865 euros 8 Friuli Venezia Giulia 30,872 euros 1,855 euros 9 Veneto 30,848 euros 1,854 euros 10 Tuscany 29,884 euros 1,815 euros 11 Marche 28,852 euros 1,774 euros 12 Abruzzo 28,641 euros 1,764 euros 1 3 Umbria 28,530 euros 1,759 euros 14 Campania 27,606 euros 1,718 euros 15 Sardinia 27,294 euros 1,704 euros 16 Sicily 27,289 euros 1,704 euros 17 Molise 27,263 euros 1,703 euros 18 Puglia 27,261 euros 1,703 euros 19 Calabria 26,631 euros 1,675 euros 20 Basilicata 26,055 euros 1,649 euros *for 13 months.
Source: JobPricing Observatory, data processed by Money.it updated to 2022 Average salary in Italy by city The city where you earn the most is Milan, with a gross annual salary of 36,952 euros, followed by Trieste (34,555 euros) and Bolzano with 34,067 EUR.
While the city where you earn the least is Ragusa, with an average of 24,129 euros.
Below is a table indicating the 20 cities – or rather, the provinces, with the highest average salary: Pos.CityAnnual gross salaryMonthly net salary* 1 Milan 36,952 euros 2,006 euros 2 Trieste 34,555 euros 2,002 euros 3 Bolzano 34,067 euros 1,982 euros 4 Rome 33,472 euros 1,959 euros 5 Genoa 33,357 euros 1,954 euros 6 Parma 32,622 euros 1,925 euros 7 Bologna 32,557 euros 1,922 euros 8 Varese 32,525 euros 1,921 euros 9 Turin 32,523 euros 1,921 euros 10 Monza Brianza 32 .294 euros 1,912 euros 11 Piacenza 32,254 euros 1,910 euros 12 Reggio Emilia 31,876 euros 1,895 euros 13 Modena 31,629 euros 1,885 euros 14 Como 31,491 euros 1,880 euros 15 Trento 31,466 euros 1,879 euros 16 Belluno 31,442 euros 1,878 euros 17 Florence 31,357 euros 1,874 euros 18 Verona 31,338 euros 1,873 euros 19 Brescia 31,291 euros 1,872 euros 20 Aosta 31,128 euros 1,865 euros *for 13 months.
Source: JobPricing Observatory, data processed by Money.it updated to 2023 Here, however, are the 20 provinces where you earn the least in Italy based on the average salary: Pos.CityAnnual gross salaryMonthly net salary* 1 Ragusa 24,129 euros 1,570 euros 2 Crotone 25,455 euros 1,618 euros 3 Matera 25,694 euros 1,628 euros 4 Sassari 25,851 euros 1,640 euros 5 Rieti 25,885 euros 1,642 euros 6 Nuoro 25,905 euros 1,643 euros 7 Agrigento 26,003 euros 1,647 euros 8 Taranto 26.08 0 euros 1,650 euros 9 Messina 26,203 euros 1,656 euros 10 Cosenza 26,320 euros 1,661 euros 11 Salerno 26,384 euros 1,664 euros 12 Lecce 26,400 euros 1,665 euros 13 Avellino 26,456 euros 1,667 euros 14 Potenza 26,481 euros 1,668 euros 15 Isernia 26,626 euros 1,675 euros 16 Southern Sardinia (province) 2 6,635 euros 1,675 euros 17 Oristano 26,680 euros 1,677 euros 18 Foggia 26,682 euros 1,677 euros 19 Caltanissetta 26,873 euros 1,686 euros 20 Reggio Calabria 26,980 euros 1,690 euros *for 13 monthly payments Source: JobPricing Observatory, data processed by Money.it updated to 2023 Average salary in Italy by age Another crucial aspect to consider when talking of average salary, in Italy as in the rest of the world, is the age of the worker.
Often, in fact, salaries are lower for young people and higher for those who already have an established career, and therefore a higher age.
If it is true that salaries tend to increase with age, it is also true that the older you get, the slower the pace of salary growth.
Below is a table with the average annual gross salary for each age group, accompanied by an estimate of the monthly net salary.
Group of the average gross dependent on the average net navy per month per month* 15-24 years 24,588 € 1,590 Euro 25-34 years 27,028 euros € 1,693 € 35-44 years 29,831 euros 1.813 euros 45-54 years 31,926 euros 1.897 euros 55-64 years 34,057 euro 1,982 euro *on 13 monthly payments.
Source: JobPricing Observatory, data processed by Money.it updated to 2022 Average salary in Europe.
Where is Italy? Now is the time to contextualize.
Where is Italy and its average salary compared to those boasted by other European Union countries? Europe shows a wide variation in average salaries between different member countries.
According to the latest data provided by Eurostat, the EU statistical body, the average salary can vary significantly, reflecting the different cost of living, the productivity of the economy and the level of development between countries.
In this context, Italy is positioned on average compared to other European countries.
This reflects a number of internal economic factors, including the strong industrial sector in Northern Italy and the economic challenges facing the Southern regions.
The comparison between the average Italian salary and the average salary of other European countries offers an interesting insight into the distribution of wealth and working conditions at European level.
According to Eurostat, in 2022 average annual salaries range from a maximum of 106,839 euros in Switzerland to a minimum of 12,923.66 euros in Bulgaria.
Italy has an average gross salary of 44,546 euros, significantly higher than the average reported at the beginning of the article (34,153 euros).
This depends on the use of different datasets.
The Eurostat indicator is based on a combination of national accounts and Labor Force Survey (LFS) data and is adjusted by expressing part-time wages in full-time equivalents.
The ranking of average salaries in Europe is as follows: Pos.Country Annual gross salary 1 Switzerland 106,839 euros 2 Iceland 81,942 euros 3 Luxembourg 79,903 euros 4 Norway 74,506 euros 5 Belgium 70,297 euros 6 Austria 68,690 euros 7 Germany 66,635 euros 8 Netherlands 64,412 euros 9 Denmark 62,972 euros 10 Finland 61,497 euros 11 Sweden 61,139 euros 12 Ireland 60,687 euros 13 France 56,701 euros 14 Italy 44,546 euros 15 Spain 36,840 euros 16 Republic of Cyprus 27,263 euros 17 Slovenia 27,087 euros 18 Malta 27,009 euros 19 Estonia 26,754 euros 20 Portugal 26,737 euros 21 Czech Republic 25,750 euros 22 Greece 24,371 euros 23 Lithuania 21,036 euros 24 Latvia 20,715 euros 25 Slovakia 20,152 euros 26 Hungary 18,274 euros 27 Poland 18,114 euros 28 Croatia 17,842 euros 29 Romania 14,500 euros 30 Bulgaria 12 .923 euro Source: Eurostat (2022) Eurostat highlights this reports that the average hourly cost of labor in the EU is 30.5 euros.
The average annual salaries of single employees without children amount to 26,136 euros.
Working couples with two children earned an average of 55,573 euros per year.
The non-harmonised gender pay gap stood at 12.7% in 2021, with the largest gap recorded in Estonia at 20.5% and the smallest gap in Luxembourg at -0.2%.
However, according to the European Commission, the gender gap has increased to 13% in 2023.
Already in 2020, the European Commission announced a strategy to try to close this gap by 2025, which includes the pay transparency directive published in June 2023, with a fund of 6.1 million euros to contribute to its implementation.
Average annual net salaries have increased slightly over the years for both the EU and the eurozone, but not as much as one might have expected.
This is largely due to slowing productivity, especially in the aftermath of the global financial crisis, even as the economy has begun to recover.
Average salary forecast in Italy 2024 The future of salaries in Italy and Europe is a complex topic, influenced by multiple economic, political and technological factors.
In Europe, initiatives for a common minimum wage could gain further strength, leading to greater harmonization of average minimum wages across member countries.
This will help reduce wage disparities between European Union countries, improving the living conditions of workers in less developed economies.
However, differences in living costs and national economic structures will continue to influence salary levels.
In Italy, as in the rest of Europe, the technology and renewable energy sectors are expected to be among the most dynamic in terms of wage growth.
Accelerating digitalisation and the ecological transition could generate greater demand for specialized skills, pushing up wages in these sectors.
At the same time, automation and artificial intelligence could reduce the demand for labor in traditional sectors, with possible depressive effects on wages.
Another aspect to consider is the evolution of remote working, accelerated by the pandemic.
This trend could lead to greater work flexibility and, potentially, a geographical redistribution of work that would influence salaries.
Areas with a lower cost of living could become more attractive to workers, influencing companies' wage policies.
FAQ Here are some FAQs regarding average salaries in Italy and around the world, which can help you better understand the current salary context.
What is the average salary in Italy? The average salary in Italy is 30,284 euros gross (around 24,000 euros net) in the private sector, which is equivalent to 1,714-1,846 euros net per month in the private sector (source: JobPricing, data processed by Money.it).
In the public sector, the average salary in Italy is 34,153 euros gross, or approximately 1,985 euros net per month.
Has the average salary in Italy increased in recent years? Salary trends may vary based on many factors, including industry and general economic conditions.
For recent trends, it is recommended to consult the annual reports from Eurostat or Istat.
In which regions of Italy are the average salaries highest? Generally, Northern Italian regions such as Lombardy, Emilia-Romagna and Veneto tend to have higher average salaries than the South.
Which sectors offer the highest salaries in Italy? Industries such as IT, finance and engineering are known to offer higher salaries on average than other professional fields.
What is the average salary in the world? Varies significantly between countries; Developed countries tend to have higher average salaries than developing countries.
In the OECD, the average adjusted net household income is USD 30,490 (€28,009) per capita per year.
Which countries have the highest average salaries? Countries like Luxembourg, Switzerland and the United States are known for having some of the highest average salaries in the world.
How does the cost of living affect average salaries? The cost of living can significantly influence the perception of the average salary; Countries with a high cost of living require higher average salaries to maintain a comparable standard of living.
Are there significant differences in average salaries between men and women? Yes, gender pay inequality exists in many countries, with women often earning less than men for jobs of equivalent value.