Global CityIntelligence

Economy & jobs

Economy and jobs in Milan

Milan has a tourism-driven economy with strengths in tourism, hospitality and manufacturing.

Economy type
Tourism economy
Economy score
69/100

Economy overview

Milan has a tourism-driven economy with strengths in tourism, hospitality and manufacturing.

Milan, Italy is classified as a tourism economy in our deterministic economy index. These are planning estimates derived from country economic priors and existing city signals — not measured GDP or labour-market statistics. Data year 2025; last updated 2026-05-16.

Key industries

The sectors that most shape the local economy, derived deterministically from country and city signals.

Key industries

  • Tourism
  • Hospitality
  • Manufacturing
  • Automotive
  • Telecommunications
  • Education

Employment outlook

The breadth of the labour market and where opportunities concentrate.

Employment outlook

Employment69/100
Job market69/100

Milan's labour market is strong, with opportunities concentrated in tourism and hospitality, manufacturing and education and research.

Salary potential

Estimated pay levels and how far local incomes stretch against the cost of living.

Salary potential

Salary potential70/100
Affordability-adjusted income67/100

The affordability-adjusted income score combines estimated pay with the local cost of living, indicating how far a typical income stretches in Milan.

Business environment

Conditions for operating and growing a business locally.

Business environment

Business environment70/100

This reflects infrastructure, institutional capacity, and the scale of the local market relative to peer cities.

Startup ecosystem

How supportive the local ecosystem is for new ventures.

Startup ecosystem

Startup ecosystem67/100
Innovation68/100

The startup ecosystem in Milan is moderate, supported by universities and skilled talent and strong infrastructure.

Remote work suitability

Suitability for remote and distributed work.

Remote work suitability

Remote work73/100
Remote job availability76/100

Milan offers strong infrastructure and amenities for remote professionals, with a remote-work score of 73/100.

Career opportunities

Overall career opportunity and how it breaks down by sector.

Career opportunities

Overall career opportunity70/100
Technology68/100
Healthcare67/100
Finance57/100
Manufacturing76/100
Tourism94/100
Education69/100

Economy score

A 0–100 composite of employment, salary, business environment, startups, innovation, remote work, and affordability-adjusted income. Used consistently across the platform.

Economy score

Economy score69/100
Employment69/100
Salary70/100
Business environment70/100
Startup ecosystem67/100
Innovation68/100
Remote work73/100

Jobs score

A 0–100 labour-market composite and its sector components.

Jobs score

Job market69/100
Technology68/100
Healthcare67/100
Finance57/100
Manufacturing76/100
Tourism94/100
Education69/100
Remote availability76/100
Career opportunity70/100

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