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Italian business value added rose 2.5% in nominal terms in 2024

The number of Italian industrial and service businesses rose 0.5% to more than 4.5 million in 2024, while nominal value added increased 2.5%, Istat reported.

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Italy had just over 4.5 million industrial and service businesses in 2024, up 0.5% from a year earlier; service businesses increased 0.8%. Their nominal value added topped €1,100 billion, up 2.5%. Services rose 4.2% and industry in the strict sense 0.6%, while construction fell 0.5%.

Employment increased 1.1%, including a 1.3% rise in services. Companies belonging to business groups generated 66.4% of turnover and 58.7% of industrial and service value added. Istat published the figures on 15 October 2026; the value-added change is nominal, not adjusted for price effects.

Data

Key figures

Italian business statistics

Annual changes among industrial and service businesses.

Annual change in number of businesses
0.5 percent
2024 · Observed
Annual change in service businesses
0.8 percent
2024 · Observed
Annual change in nominal value added
2.5 percent
2024 · Observed
Change in nominal service-sector value added
4.2 percent
2024 · Observed
Change in nominal industrial value added
0.6 percent
2024 · Observed
Change in nominal construction value added
-0.5 percent
2024 · Observed
Annual change in employment
1.1 percent
2024 · Observed
Change in service-sector employment
1.3 percent
2024 · Observed
Share of turnover generated by business groups
66.4 percent
2024 · Observed
Share of industrial and service value added generated by business groups
58.7 percent
2024 · Observed
Methodology

Annual changes in Istat’s 2024 business accounts release; value-added rates are nominal.

Updated:

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  • Italy · Place role: Coverage · Place type: Country or area · Location precision: Regional
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