Svimez

GDP: Southern Italy is growing faster than Central and Northern Italy, with Calabria and Campania leading the way

In 2025, growth is expected to rise by 0.7 per cent, compared with 0.5 per cent, but growth is slowing

by Rome Editorial Staff

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

For the fourth consecutive year, the South has grown faster than the Italian average, driven by public investment. The final figures for 2025, estimated by Svimez (the Association for Industrial Development in Southern Italy), show that GDP in the southern regions rose by 0.7 per cent, compared with 0.5 per cent in the Centre-North; however, this growth rate was lower than in 2024, when it reached 1 per cent. “This marks the consolidation of a very positive trend,” commented Luigi Sbarra, the Under-Secretary to the Prime Minister with responsibility for the South.

The South has seen higher growth for four years running – something not seen since the post-war economic boom

Svimez points out that the South has not recorded such strong growth for four consecutive years ‘since the post-war economic boom’. On the other hand, however, the figures for Italia’s overall growth gap show a worrying lag behind the European Union. In 2025, national GDP grew by half a percentage point, falling even below the 0.8 per cent recorded in 2024, and remains consistently below the EU-27 average of +1.5 per cent.

Loading...

“Spain,” Svimez summarises, “continues its significant growth of +2.8 per cent; France stands at 0.8 per cent; Germany, on the other hand, following the recession of the previous two years, remains at a modest 0.2 per cent.”

Employment is growing, but at a slower pace than in previous years, and the figures relating to young people need to be interpreted with care. According to Svimez estimates, the number of people in work rose by 185,000 compared with 2024 (+0.8%), reaching 24 million 117 thousand. However, the increase is limited exclusively to the over-50s (+4.2%), whilst employment has fallen among the under-35s (-2%) and in the 35–49 age group (-1.3%).

Svimez, Bianchi "Il Pil del Sud cresce più della media nazionale"

Sprints in Calabria and Campania

For the fifth consecutive year, Southern Italy has recorded higher employment growth than the Centre-North (+1.4% compared with +0.6%), with Calabria (+3.8%) and Campania (+2.6%) among the most dynamic regions, whilst in the Centre-North the best performances were seen in Liguria (+2.7%) and Emilia-Romagna (+2.0%). In the South, the growth in female employment (+1.9%) stands out, at almost double that of male employment (+1.0%).

Sud, Sbarra "Cresce più del resto del Paese con azione governo"

A focus on the quality of work

In terms of job quality, the number of permanent contracts and full-time jobs is rising, whilst the number of fixed-term contracts and involuntary part-time work is falling.

According to Svimez, however, it remains difficult for young people and new entrants to the labour market to find stable employment. Full-time employment is also on the rise (+1.9% in the Centre-North and +3.8% in the South), whilst part-time employment is falling (-5.6% in the Centre-North and -11.2% in the South), particularly in the involuntary segment (-5.5% and -13.4% respectively). In the South, full-time employment is rising in all regions, with the sharpest increases in Campania and Puglia.

Investments

On the demand side, in real terms in 2025, gross fixed capital formation (+3.5%) proved to be, at national level, by far the most dynamic component (exports: +0.7%, final consumption: +0.9%). This confirms a trend that has been consolidating since 2021, ‘when first the Superbonus and then the NRRP – as Svimez points out – led to a marked increase in the various components of investment expenditure’. This has also had an impact on the South’s catching up. Particularly significant in this regard is the figure for investment in construction, which, between 2022 and 2025, rose by 34.3 per cent in the Centre-North and by more than twelve percentage points higher in the South (+48.6 per cent).

Copyright reserved ©
Loading...

Brand connect

Loading...

Newsletter

Notizie e approfondimenti sugli avvenimenti politici, economici e finanziari.

Iscriviti