Gross annual wage in Italy 2023, by sector

In 2023, the average gross annual salary in Italy amounted to 30,838 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 47,884 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 2023, it reached 33,055 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.