Gross annual wage in Italy 2020, by sector

In 2020, the average gross annual salary in Italy amounted to 29.2 thousand 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 notably were paid on average 44.1 thousand euros a year. On the other hand, the lowest salaries in Italy were those of people working in the sector of agriculture, forestry, fishing, and silviculture.

Salaries in Lombardy

The northern region of Lombardy registered the highest gross salaries in the country. In 2020, the average annual gross salary reached 31.4 thousand euros in this region. Furthermore, people earned on average 33.9 thousand euros per year in Lombardy's capital city, Milan. This city is especially 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 2019, men working in this sector earned on average almost 25 percent more than women. As a result, women working in the financial and banking sector faced one of the strongest gender pay gaps in Italy.