Which region of Italy has the strongest economy?

Milan, the richest metropolitan area of Italy in terms of GDP per capita, is close to the top 20% of the 327 OECD metropolitan areas.

What is Italy’s main economy?

Italy is the world’s ninth biggest economy. Its economic structure relies mainly on services and manufacturing. The services sector accounts for almost three quarters of total GDP and employs around 65% of the country’s total employed people.

Which region of Italy has the strongest economy and why?

This article lists Italian regions and autonomous provinces (NUTS 2) by gross domestic product (GDP)….Per capita GDP by region.

Rank 1
Region South Tyrol
2017 42,900
% of nationwide average 148.44

What are the economic sectors in Italy?

Economy of Italy

GDP by sector agriculture: 2.1% industry: 23.9% services: 73.9% (2017 est.)
Inflation (CPI) 5.3% (2022e) 1.9% (2021e) –0.1% (2020)
Population below poverty line 5.7% in poverty, 2014; 27.3% at risk of poverty or social exclusion (AROPE, 2018)
Gini coefficient 32.8 medium (2019, Eurostat)

Why is northern Italy richer than southern Italy?

Everything above Rome is considered to be “northern Italy.” It’s the industrial workhorse, producing over 90% of Italy’s exports, and is the wealthiest of the two regions.

Is Italy a poor or rich?

In fact, with its competitive industries such as fashion, cars and wine production, Italy is one of the richest countries in the world.

What are the top 3 industries in Italy?

Italy’s economic strength is in the processing and manufacturing of goods, primarily in small and medium sized family-owned firms. Its major industries are tourism, precision machinery, motor vehicles, chemicals, pharmaceuticals, electrical goods, textiles, fashion, clothing and footwear.

What parts of Italy are poor?

In Italy, the largest part of population who live below the poverty line is located in the South. As of 2020, in three Southern regions, Basilicata, Calabria, and Campania, over 20 percent of the population was living below the poverty line.

What are the richest areas of Italy?

Italy’s 2 richest regions, Lombardy and Veneto, seek more powers.