Average annual salary in Italy 2000-2023

Between 2000 and 2023, the average wage in Italy raised, reaching almost 32,450 euros in 2023. 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 110,000 euros a year, while the annual salary of women occupying the same position was equal to around 103,300 euros. 

Wages in the different industries

Among the different sectors, employees working in financial and banking services benefitted from the largest wages, who earned on average 47,900 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 2023, compared to men, Italian women earned on average about 2,300 euros less per year. However, the gender pay gap differed from sector to sector. For instance, in 2020 in the 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 those 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.