How much money do Italians have in their banks? The latest regional ranking has been released, with a difference of nearly 10000 euros between the north and south
How much money do Italians have in their banks? According to the latest data from the Bank of Italy and research institutions, as of May 2026, the per capita bank deposit of Italian households is 19812 euros. This number is 4.3% higher than in 2021. It seems that everyone has decent working capital in their hands. But looking at the situation in different regions, the gap between the north and south is still very obvious.
First of all, let me explain that 19812 euros is the average of the total national deposits divided by the total population. Not every Italian or every ordinary household really has so much money in their account, nor does it explain how the money is divided among the population.
From the perspective of the four major regions in the country, there is a significant difference between the north and south. The average bank deposit per capita in northern households is the highest, at 22702 euros; Central second, 20502 euros; Reduced to 16443 euros in the south; Island regions, such as Sicily and Sardinia, have the lowest, only 13049 euros. Calculated, the difference between the north and the islands is almost 10000 euros. There are reasons behind this, such as salary, employment stability, family size, cost of living, and financial habits. However, experts also remind that having more bank deposits does not necessarily mean having more overall wealth. Many people will use their money to buy houses, invest in stocks, or make other investments. In places with less savings, it may also be that locals are more willing to invest their money in production and operation.
In the regional ranking, Trentino Upper Adige ranks first with an average of 27737 euros per person, far exceeding the national average. Lombardy II, 23809 euros; Valleda Osta third, 23476 euros. The last place is Sicily, with an average of 12444 euros per person, less than half of the first place; The second to last is Calabria, with 14202 euros. The difference between the first and last is over 15000 euros, indicating a significant regional wealth imbalance.
It's more interesting to look at provinces. The place with the highest per capita savings in Italy is not the financial center Milan, but Bolzano, with 30804 euros. Milan second, 28013 euros; Piacenza third, 27154 euros. Next up are € 26135 for Sondrio, € 25414 for Trento, € 25347 for Lecco, and € 25338 for Belluno. Most of the top ten are in the north, but southern Isernia has also made it to the forefront.
The total amount of deposits in the north is dominant, but looking at the growth in the past five years, the south has performed well. Deposits in island areas increased by 11.1%, with 9.4% in the south, 5% in the central region, and only 1.3% in the north. The growth of deposits in the south is faster than that in the north, and the gap is slowly narrowing. However, the growth here is in nominal terms. Considering inflation in recent years, having more money does not necessarily mean that there are more things that can be bought.
Moreover, having more money in the bank does not necessarily mean that everyone is richer. Many families save money in the bank without spending it, out of a sense of security and to cope with uncertain or unexpected expenses in the future, so they consume less and invest less. Accountant and tax expert Guido Rossignoli, Vice Chairman of the Pension Foundation, analyzed that only by turning these private funds sleeping in banks into real economy investments, corporate loans, and employment opportunities can they truly drive the local economy. For Italy, the gap between the north and south is not just about how much money is saved, but also about how to use it well.
