In 2024, the financial wealth of Italy’s private sector confirms its pivotal role in driving the nation’s economy, hitting record levels.
Growth of the private sector
The combined financial wealth of Italian households and businesses has reached €8.3 trillion, marking a 4% increase compared to 2023. This represents 42% of Italy’s total financial wealth, which stands at €19.6 trillion.
- Households increased their wealth by €217 billion (+3.9%), reaching €5.7 trillion.
- Businesses achieved €2.6 trillion, growing by €99 billion (+4.0%).
This underscores the strategic importance of the private sector as an economic driver and a stabilizer of public finances.
Foreign investors: a growing asset
In 2024, foreign investors hold financial assets in Italy amounting to €3.4 trillion, a 16.2% increase since 2019. This positive trend highlights Italy’s ability to attract capital despite global challenges.
Giovanna Ferrara’s insights
Giovanna Ferrara, president of Unimpresa, emphasizes the need to leverage private wealth while avoiding punitive fiscal measures such as wealth taxes. She advocates for policies that encourage domestic investments, consumption, and innovation.
