Local economy: general description

The local economy has developed quite a bit over the course of second half of the last century, transforming itself from an agricultural society to a society industrial and commercial, both by exploiting natural resources ( tourism ) and traditional activities ( fishing , processing of fish and fruit and vegetables , clothing , footwear and leather accessories ), and developing industrial and artisanal production facilities in the most varied economic sectors.

In the manufacturing sector, small districts have been created specializing in the production of furniture (living rooms, kitchens, bathrooms, offices), carbon fiber components

The final result is a productive fabric characterized by many small businesses and a few large national and multinational companies, established in numerous agglomerations and in different districts industrial.

Industrial development, in many areas, has been favored by financing and concessions public, as well as a natural entrepreneurial predisposition and ability work of the locals.

What is the local "wealth"?

The table shows the data on Added value , in 2015, at current prices; in both provinces this magnitude is slightly below the national average; the total incidence is 0.7% of the national total.

The added value is the aggregate that allows you to appreciate the growth of the economic system in terms of new goods and services made available to the community for final use


Added value
prov. Ascoli Picenoprov. TeramoItaly
Value addedmillion euros (2015)4.6576.3761.485.086
Agriculture, forestry, fishing%2,83,62,2
Manufacturing %21,823,518,8
Commerce, transport, accommodation, information%23,019,424,2
Professional, financial and service activities%28,326,029,2
Public administration, education, health, entertainment, maintenance%19,220,320,8
Provincial impact on Italy%0,310,43100,00
added value per employeeeuro (2015)57.63851.42160.621
added value per residenteuro (2015)22.10320.51524.454


How big are our companies?

Number of local units - 2015
prov. Ascoli Picenoprov. TeramoItaly
employees class 0-995,5%95,5%95,0%
employees class 10-494,1%4,0%4,4%
employees class 50-249,4%,5%,6%
employees class 250 or more,0%,0%,1%
Number of local units18.45325.6914.687.891
Local unit employees - media 2015
prov. Ascoli Picenoprov. TeramoItalia
employees class 0-959,4%56,2%50,3%
employees class 10-4923,2%22,1%23,0%
employees class 50-24914,2%16,3%16,2%
employees class 250 or more3,2%5,4%10,6%
Number of employees55.68381.57616.289.875



MM-2023 PortoDeiPiceni by Gianluca Paniccia.

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