Between 2000 and 2024, the average wage in Italy rose, reaching almost 33,100 euros in 2024. However, in 2020 there was a decrease to 28,485 euros due to an economic crisis caused by the COVID-19 pandemic, before increasing again to 30,247 euros in 2021. Male managers represented the group with the highest earnings. Their gross salary amounted to almost 108,000 euros a year, while the annual salary of women occupying the same position was equal to around 99,300 euros. Wages in the different industries Among the different sectors, employees working in financial and banking services benefitted from the largest wages, earning on average 46,800 euros a year. On the other hand, the lowest salaries in Italy were those of people working in agriculture, forestry, fishing, and silviculture. Gender pay gap In 2024, compared to men, Italian women earned on average about 2,360 euros less per year. However, the gender pay gap differed from sector to sector. For instance, in 2020 in banking and financial services, the salary of women was equal to 39,100 euros a year. On the other hand, the annual wage of men added up to 48,000 euros. Similarly, the annual salary of male employees working in the insurance industry was significantly higher than that of female employees. However, the gender pay gap in other fields was much lower. For example, in the agricultural sector, women and men earned roughly the same.

Wages in Italy increased to 33148 EUR/Year in 2024 from 32450 EUR/Year in 2023. This dataset provides the latest reported value for - Italy Average Nominal Monthly Wages - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In May 2025, contractual hourly wages and salaries in Italy grew by 2.7 percent, compared to the same period of the previous year. In December 2024, hourly wages and salaries in Italy dropped by 0.6 percent compared to December 2023, when the state administration paid an allowance to permanent public employees waiting for the renewal of their collective labor agreement in 2024.

In Italy, employees with a university degree earned on average 41,800 euros per year in 2024. According to data provided by JobPricing, the average annual gross salary of employees with a bachelor's was 33,500 euros, while those holding a master's were paid 11,400 euros more. In the same year, Italian graduates earned a monthly average of 1,400 euros net, one year after obtaining a university diploma.

Wages in Italy increased 2.80 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Italy Hourly Wage Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, men holding top management positions earned roughly 108,000 euros annually in Italy. In the same year, the annual gross salary of female top managers amounted to approximately 99,300 euros, 8,800 euros less than their male colleagues. This represents the largest grade wage gap recorded by JobPricing. Specifically, at the middle management level, the pay difference was 3,275 euros. Even though, the pay gap has decreased between 2016 and 2024, it was still ten percent in favor of men for white-collar workers. Unemployment rate by gender The pay gap is one of the major indicators to determine the level of gender inequality in a given society. Another relevant indicator is the unemployment rate. In 2024, the unemployment rate was higher among females than among males across all Italian regions. The southern regions Campania, Sicily, and Calabria recorded the highest levels of unemployment for both men and women. Basilicata, another southern region, registered the greatest gap between genders in terms of unemployment. Females in management positions The presence of women in top management positions is a key indicator for grasping the level of gender inequality in the working environment. In 2023, women represented 43.1 percent of the members of the boards of companies listed on the stock exchange in Italy, recording an ongoing growth since 2013, when only 17.8 percent of the members of the boards were women.

Key information about Italy Monthly Earnings

• Italy Monthly Earnings stood at 3,819 USD in Dec 2024, compared with the previous figure of 3,916 USD in Sep 2024
• Italy Monthly Earnings data is updated quarterly, available from Mar 1980 to Dec 2024, with an average number of 2,863 USD
• The data reached the an all-time high of 4,412 USD in Jun 2008 and a record low of 992 USD in Mar 1985

CEIC calculates Monthly Earnings from quarterly Compensation of Employees and quarterly Number of Employees, and converts it into USD. Italian National Institute of Statistics provides Compensation of Employees in EUR based on ESA 2010 and Number of Employees. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings include Social contributions. Monthly Earnings prior to Q1 1995 are based on ESA 1995.


Further information about Italy Monthly Earnings

• In the latest reports, Italy Population reached 59 million people in Dec 2023
• Unemployment Rate of Italy increased to 6 % in Jan 2025
• The country's Labour Force Participation Rate increased to 67 % in Jan 2025

Graph and download economic data for Labor Compensation: Wage Rate: Industry: Hourly for Italy (LCWRIN01ITM661S) from Jan 1960 to Nov 2023 about Italy, compensation, hours, wages, industry, and rate.

In 2024, the average gross annual salary in Italy amounted to 31,860 euros. Among different sectors, employees working in financial and banking services earned the largest wages. According to data provided by JobPricing, people in this industry were paid on average 46,800 euros a year. On the other hand, the lowest salaries in Italy were those of farmers and fishermen. Salaries in Lombardy The northern region of Lombardy registered the highest gross salaries in the country. In 2024, it reached 33,600 euros. Furthermore, in 2022, people earned on average 33,900 euros per year in Lombardy's major center, Milan. The city is known to be the main financial center of Italy. On the other hand, southern regions recorded the lowest wages in Italy. Banking and financial services In Italy, the highest wages were recorded in the financial and banking sector. However, a substantial gap existed between the salaries of women and men. Indeed, in 2020, men working in this sector earned on average almost 22 percent more than women. As a result, women working in this sector faced one of the strongest gender pay gaps in Italy.

Forecast: Wages and Salaries in Chemical and Pharmaceutical Products in Italy 2024 - 2028 Discover more data with ReportLinker!

Forecast: Wages and Salaries in Employment Services in Italy 2024 - 2028 Discover more data with ReportLinker!

Wage and salaried workers, male (% of male employment) (modeled ILO estimate) in Italy was reported at 74.79 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Italy - Wage and salary workers; male (% of males employed) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

In Italy, the percentage of the gender salary gap was the lowest for middle managers, while it was the largest for blue-collar workers. According to data provided by JobPricing, in 2024, male middle managers earned on average 5.7 percent more than women, while for blue-collar workers, salaries were almost ten percent higher for men than for women.

Graph and download economic data for Compensation of Employees in Italy (ITACOMPQDSNAQ) from Q1 1995 to Q1 2024 about Italy, compensation, and employment.

Graph and download economic data for Labor Compensation: Earnings: Manufacturing: Hourly for Italy (LCEAMN01ITM659S) from Jan 1956 to Jul 2025 about Italy, compensation, earnings, hours, and manufacturing.

Forecast: Wages and Salaries in Real Estate in Italy 2024 - 2028 Discover more data with ReportLinker!

One year after obtaining their university title, graduates in Italy earned an average net salary of 1,410 euros per month in 2024. People graduating in 2021 were paid around 240 euros more, while those who obtained their tertiary education diploma in 2019 gained monthly 1,830 euros net. Hence, average salaries proportionally raised as work experience augmented. On the contrary, the salary gap between women and men grew as careers progressed. One year after graduation, women earned 210 euros less than male colleagues. However, for those who graduated in 2021, this difference increased to 220 euros, and five years after graduation it reached 280 euros.

Disposable Personal Income in Italy increased to 365962 EUR in the second quarter of 2025 from 363079 EUR in the first quarter of 2025. This dataset provides - Italy Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Manufacturing in Italy remained unchanged at 113.20 points in August. This dataset provides - Italy Hourly Wages Index in Industry - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Italy Wages & Salaries Index: PE: Service Activities data was reported at 118.000 Dec1995=100 in Dec 2002. This records an increase from the previous number of 117.900 Dec1995=100 for Nov 2002. Italy Wages & Salaries Index: PE: Service Activities data is updated monthly, averaging 90.500 Dec1995=100 from Jan 1982 (Median) to Dec 2002, with 252 observations. The data reached an all-time high of 118.000 Dec1995=100 in Dec 2002 and a record low of 39.800 Dec1995=100 in Jan 1982. Italy Wages & Salaries Index: PE: Service Activities data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Italy – Table IT.G023: Wages and Salaries Index: Per Employee: Dec1995=100.