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Milan and Lombardy had a GDP of €400 billion ($493 billion) and €650 billion ($801 billion) respectively in 2017. [2] [failed verification] Milan surpassed Berlin in the size of its economy in 2014, and has since been the richest city among the Four Motors for Europe. It is a member of the Blue Banana corridor among Europe's economic leaders.
List of Italian regions by GDP (billions of euro [1]) Region 2000 2010 2019 2010-2019 % GDP change % of nationwide 2019 GDP 1 ... Metropolitan City of Milan
In terms of GDP, Milan is the wealthiest city in Italy, having also one of the largest economies among EU cities. [17] [18] Milan is viewed along with Turin as the southernmost part of the Blue Banana urban development corridor (also known as the "European Megalopolis"), and one of the Four Motors for Europe. Milan is a major international ...
A metropolitan region's gross domestic product, or GDP, is one of several measures of the size of its economy. Similar to GDP, GMP is defined as the market value of all final goods and services produced within a metropolitan region in a given period of time. Paris metropolitan region has the largest GDP in the European Union (€758 billion).
The region can be broadly divided into three economic areas: Milan, where the services sector comprises 65.3% of employment; the provinces of Varese, Como, Lecco, Monza and Brianza, Bergamo and Brescia, the latter having the highest value added in industry in Europe, [117] where there is a highly industrialised economy and a rich agricultural ...
The economy of Italy is a highly developed social market economy. [31] It is the third-largest national economy in the European Union, the 8th-largest economy in the world by nominal GDP, and the 11th-largest by PPP-adjusted GDP. The country has the second-largest manufacturing industry in Europe, which is also the 7th-largest in the world. [32]
Porta Nuova has a 2017 city GDP of €400 billion, which makes it Europe's richest district within any city. A concentration of companies are based in Porta Nuova, with 4% of all institutions and conglomerates found in Italy, while Milan has 40% of all these business, and Milan's Lombardy Region has 53% of it.
The Milan metropolitan area as seen from the International Space Station (North roughly on the top side) The Milan metropolitan area , also known as Grande Milano ("Greater Milan "), is the largest metropolitan area in Italy and the 54th largest in the world.