The dossier

Mathematical research: a contribution of 680 billion euros to the Italian economy, equivalent to 34 per cent of GDP

The findings of the study ‘The Economic Impact of Mathematical Research in Italia’ show that 8.4 million jobs are supported, accounting for 35 per cent of the country’s total employment

 (AdobeStock)

6' min read

Translated by AI
Versione italiana

6' min read

Translated by AI
Versione italiana

Mathematics has always shaped human development and, in today’s digital society, its role has become central: its applications are not limited to physics and engineering, but extend to biology, medicine, economics, the social sciences and environmental sciences, drawing on increasingly sophisticated models. It underpins the algorithms that drive the web, genome sequencing, data transmission and modern Artificial Intelligence (AI). In Italia, this central role translates into 8.4 million jobs and a contribution to GDP of approximately 680 billion euros.

Key results

These are some of the key findings from the study ‘The Economic Impact of Mathematical Research in Italy’, carried out by Deloitte Economics on behalf of the National Research Council (CNR) and the Italian Mathematical Union (UMI) to independently quantify the contribution of mathematical research to the country’s economy. The report, which was presented last May at the CNR, will be the focus of discussion at the event “Not just numbers: mathematics, a driving force for the economy”, organised by the Brescia campus of the Catholic University of the Sacred Heart, in collaboration with the University’s Faculty of Mathematical, Physics and Natural Sciences, on Tuesday 15 September at 5.00 pm, which will present the findings to an academic, institutional and business audience.

Loading...

The importance of mathematics

“Mathematics is the language through which we interpret the world: it enables us to build models, interpret complex phenomena and make predictions, and it is therefore natural that it should have a profound impact on the economy and society,” says Claudio Giannetti, Dean of the Faculty of Mathematical, Physical and Natural Sciences. “At a time in history when we are entrusting an increasing proportion of our analytical processes to artificial intelligence, educating people in mathematics, logic and critical thinking becomes even more important. Only by investing wholeheartedly in education, mathematical research and its applications will we be able to prepare generations capable not merely of passively accepting new technologies, but of understanding them, guiding their development and harnessing them for the country’s economic, social and scientific progress.”

A far-reaching economic and employment contribution

The direct economic contribution of mathematical research amounts to 308.5 billion euros, to which must be added 221 billion in indirect impact, generated along the production chains through the exchange of goods and services between businesses, and €150 billion in induced impact, linked to spending by workers involved in the ecosystem. The total stands at €680 billion. For every euro of direct impact, the study estimates a return of an additional €1.2 in indirect and induced terms. A similar trend can be observed in terms of employment, where Mathematical Research directly supports 2.7 million jobs, to which are added 3.2 million resulting from the indirect impact and 2.5 million from the induced impact, making a total of 8.4 million jobs, equivalent to 35 per cent of Italian employment. To complete the picture, the contribution to tax revenue is estimated at €296 billion, comprising €134 billion in VAT, 75 billion in employers’ social security contributions, 58 billion in employees’ income tax, and the remainder from corporation tax and employees’ social security contributions. The sectors that benefit most directly are IT planning and consultancy, architectural and engineering firms, management and legal consultancy, education and construction.

Mathematics as a driver of competitiveness for advanced economies

The study also places mathematical research within an international comparative context. By analysing the link between a country’s mathematical skills – measured by its score in the Programme for International Student Assessment (PISA) – and two key indicators of competitiveness, a positive correlation emerges with both per capita GDP (77 per cent) and hourly labour productivity (73 per cent). Specifically, countries with better results in maths tests tend to generate more wealth and produce more for the same amount of time worked. In Italia, this central role is reflected in the extent to which various economic sectors make use of mathematical research: architectural and engineering firms (71.9 per cent), IT programming and consultancy (65.1 per cent), scientific research and development (53 per cent), auxiliary financial and insurance services (47.2 per cent) and telecommunications (44.3 per cent) are the sectors with the highest intensity of use, confirming that mathematics is now a cross-cutting enabling factor, ranging from artificial intelligence to financial risk management and industrial design.

Strategic asset

“These findings demonstrate that mathematical research is a key strategic asset for our country’s competitiveness,” says Marco Vulpiani, Senior Partner and Head of Deloitte Economics. “Mathematics plays a fundamental role in our economy, both in terms of socio-economic impacts and strategic positioning. The analysis shows that indicators of economic competitiveness, such as per capita GDP and labour productivity, are positively correlated with mathematical knowledge. In a global economy increasingly based on data, artificial intelligence and process optimisation, the ability to develop and apply advanced mathematical research is therefore a critical factor for development. The cross-cutting impact of mathematics across diverse sectors suggests that investment in mathematical research is capable of generating widespread positive externalities, further amplifying the return on public investment.”

Research investment below the European average

However, this positive trend is offset by a significant gap in terms of investment: Italia allocates only 1.3 per cent of its GDP to research and development, compared with a European average of 2.26 per cent; this gap is also evident when considering university spending alone and public expenditure on education, where Italia consistently ranks last amongst the major European countries under consideration (France, Germany, Spain and the Netherlands), both at tertiary level and across all levels of education from pre-primary to tertiary.

Research for excellence: a gap in technology transfer

Although investment in research is lower than the European average, in terms of scientific output, Italia achieves results of the highest calibre: when compared with France, Germany, Spain and the Netherlands, it ranks first for author productivity in mathematical publications, with almost 200 publications per 1,000 authors, and second for the number of citations received, with an average of around 89,000 citations per year.
The link between research and applied innovation, however, is weaker: Italia ranks last among the five countries analysed for collaboration between universities and businesses in the mathematical disciplines, with only 3.4 per cent of publications produced in collaboration with a corporate or industrial co-author – roughly half the figure for Germany and the Netherlands. The same gap emerges in the area of patents, where Italia records just over 2 citations received from patents per 1,000 authors, compared with over three in Germany, the Netherlands and France: a sign of a lower propensity, compared with these countries, to use scientific publications as a basis for developing patents and, more generally, for technology transfer from academic research to the industrial sector.

AI: the new frontier in mathematical research

AI is now one of the most significant applications of mathematical research, for which it forms the theoretical foundation, and an increasingly important driver of growth for the Italian economy. According to estimates by Censis-Confcooperative, by 2035 it could generate a 1.8 per cent increase in national GDP, equivalent to around 38 billion euros, whilst the adoption of generative AI could boost the country’s productivity by up to 18.2 per cent over the next fifteen years, compared with a 1 per cent decline recorded between 1995 and 2023. Its uptake among Italian businesses is accelerating rapidly: by 2025, 16.4 per cent of companies with at least ten employees will already be using at least one AI technology, compared with 8.2 per cent in 2024, with large enterprises reaching 53.1 per cent and SMEs doubling to 15.7 per cent. However, fully capitalising on these opportunities remains dependent on strengthening skills: in 2024, the number of graduates in STEM subjects had risen to 18 per 1,000 residents aged between 20 and 29, but basic digital skills remain widespread among only 45.9 per cent of the population, compared with a European average of 55.6 per cent.

Training and development

In terms of education, the last decade has seen a steady increase in the number of students enrolling in and graduating from science disciplines related to mathematics, alongside a rise in the number of PhDs in Mathematical Sciences, which grew by an average of 3.6 per cent per year between 2017 and 2024.

Loading...

A growing media perception, driven by artificial intelligence

Media attention towards mathematical research in Italia has grown steadily over the last decade: the number of articles on the subject rose from 88 in 2015 to 812 in 2024, representing an average annual increase of 28 per cent, which cannot be attributed to a general rise in the volume of news coverage. The prevailing tone is neutral (73 per cent) or positive (26 per cent), with negative sentiment being entirely marginal (1 per cent); both positive and neutral sentiment are growing more rapidly than negative sentiment, confirming a solid and strengthening reputation. In terms of content, the most recurring theme remains ‘Schools and universities’, with over 1,100 articles over the decade, confirming the association of mathematics with the educational and training context, followed by ‘work and businesses’; the theme linked to ‘artificial intelligence and quantum computing’, whilst less frequent in absolute terms, is the one that has grown most rapidly, with an average annual increase of 64 per cent, reflecting the increasingly central role that mathematics is playing in the development of new technologies.

Copyright reserved ©
Loading...

Brand connect

Loading...

Newsletter Scuola+

La newsletter premium dedicata al mondo della scuola con approfondimenti normativi, analisi e guide operative

Abbonati