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Immigrants gave €123bn to Italy economy in 2014

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Immigrants gave €123bn to Italy economy in 2014
Immigrants in Italy last year brought over €123 billion to Italy’s economy. Photo: Euros photo: Shutterstock
12:53 CET+01:00
Immigrants in Italy last year brought over €123 billion to Italy’s economy, a think-tank has said.

Using data from the first nine months of the year, the Venice-based Leone Moressa foundation said 2.4 million residents born outside of Italy were in jobs.

Those workers together produced 8.8 percent of Italy’s national wealth, a figure that equates to over €123 billion.

Foreign-born people in Italy also had a higher rate of employment than Italians: 57.1 percent against 41.8 percent.

Almost half work in the service sector while over 600,000 run their own business.

Despite the persistent debate over immigration in Italy, the think-tank said that "from a strictly economic point of view, you can’t underestimate the contribution that migrants generate in terms of wealth and development."

Immigrants are also less of a burden on the national health service and pension fund, the think-tank added.

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