Economy of Naples

Naples is Italy's fourth largest city in terms of economic size, coming after Milan and Rome and Turin.

The city has had remarkable economic growth since World War II, and unemployment in the wider region has fallen dramatically since 1999.

Naples was once an important electronics industrial hub, however, many facilities such as the Olivetti research department in Pozzuoli have left the city.

In terms of international arrivals, Naples came 166th in the world in 2008, with only 381,000 visitors (a -1.6% decrease from the previous year), coming after Lille, but overtaking York, Stuttgart, Belgrade and Dallas.

Many tourists who come to Naples also visit attractions outside of the city, including the nearby Vesuvius, the classical ruins of Pompeii (with 2,571,725 visitors in 2007)[4] as well as the scenic Amalfi Coast, which includes the towns Sorrento, Amalfi and Ravello, the islands of Capri, Ischia and Procida, and the Baroque Royal Palace of Caserta.

This project was an attempt to centralise and improve the business and economic efficiency of Naples while also providing jobs with its hotels and shops.

Akin to most developed countries and regions of the world, there has been a move away from a traditional agriculture-based economy in the wider province to one based on service industries.