Italy - Wage & Salaries





Italy: Wage & Salaries

Mnemonic YPEWS.IITA
Unit Mil. EUR
Annual 2.59 %
Data 2016 669,704
2015 652,799

Series Information

Source Italian National Institute of Statistics (ISTAT)
Release Sub-National - Wages by Industry
Frequency Annual
Start Date 12/31/1995
End Date 12/31/2016

Italy: Labor

Reference Last Previous Units Frequency
Unemployment Rate Sep 2019 9.86 9.59 %, SA Monthly
Primary Industries Employment 2018 917.1 911.4 Ths. # Annual
Secondary Industries Employment 2018 5,827 5,774 Ths. # Annual
Labor Force Employment 2018 Q3 23,254 23,307 Ths. #, SA Quarterly
Total Employment 2018 Q3 23,254 23,307 Ths. #, SA Quarterly
Unemployment 2018 Q3 2,653 2,794 Ths. #, SA Quarterly
Agriculture Employment 2017 996,718 993,689 # Annual
Tertiary Industries Employment 2017 17,760,676 17,907,124 # Annual
Wage & Salaries 2016 669,704 652,799 Mil. EUR Annual

Release Information

The Italian National Institute of Statistics (ISTAT) reports annual data on wages and compensation of employees. The data set includes both national and sub-national statistics that are categorized by industry (NACE Rev2). All figures are in millions of Euros (Mil. EUR) and are not seasonally adjusted (NSA). 

Data is obtained largely from collective labour agreements that were signed in Italy. Approximately 85.9% of wage earners have signed agreements. All types occupations and industries (NACE Rev2 classifications) are included in the survey. 

Wages and earnings are the summation of basic pay, bonuses (specified in national agreements), bonuses paid periodically. There is an assumption that working hours are not fixed by the relevant labour agreements.

Compensation of employees is the total remuneration that an employer pays an employee in return for work done in the previous accounting period. 

Data is subject to revisions.

On October 3rd, 2014, ISTAT release the new annual series of national accounts based on the new European System of Accounts (ESA 2010).