NUTS-3 AT124 · Austria
Population
215,1372025
GDP
€8,584M2023
Unemployment· NUTS-2 source
4.4%2025
Employment· NUTS-2 source
79.5%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
4,620.5 km²
TerraSight · Compare
2 regions side-by-side
AT124 · AT225
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Waldviertel (Opportunity 51). Runner-up: West- und Südsteiermark (48). Contrarian pick: West- und Südsteiermark — leads the set on Industrial base (EU pctl 71).
Strengths
Air quality (81) · Freight intensity (79)
Red flags
Cost advantage (EU bottom 15%)
Strengths
Freight intensity (77) · Resilience (74)
Red flags
Cost advantage (EU bottom 15%)
Why you might not pick Waldviertel
Cost advantage (EU bottom 15%). Its weakest dimension is Cost advantage (EU pctl 3) — West- und Südsteiermark may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → West- und Südsteiermark · Manufacturing → West- und Südsteiermark · Office → West- und Südsteiermark · Residential → Waldviertel.
Phase-2 diligence checklist
- Site-level grid connection capacity and power pricing (beyond country-grain energy data)
- Local incentives, tax regimes and permitting timelines
- Workforce depth for your specific roles (the talent pillar is a proxy)
- Real-estate availability, rents and land — public pan-EU data stops at the Nordics
This is a mandate-neutral read. To weight the pillars to your thesis, run these regions through the Site Screener — it ranks all 1,211 regions under your weights and exports the full PDF. First-pass macro screening, not investment advice.
Composite intelligence · 0–100 EU-percentile scores
Opportunity Indexscale + growth + access + structure
50.6
48.4
Resilience Indexdiversification, stability, buffers
78.8
73.8
Quality of Lifeprosperity, health, safety, environment
56.8
51.6
Clean AirPM2.5 / PM10 / NO₂ inverted
81.0
29.0
Connectivitytransit + air + market access
28.7
44.0
Talent & Human Capitalskills, learning, knowledge workers
56.8
66.5
Growth Momentumrecent GDP / employment trajectory
42.4
49.0
Trajectories · 2012–latest
Real GDP (2020 prices)
1.3% 5y
2.3% 5y
Population
0.1% 5y
0.5% 5y
Unemployment rate
1.4% 5y
2.1% 5y
Derived comparisons
GDP per capita
€39,900
€38,307
Population density
47 /km²
87 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 87 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€7,718M
€6,896M
GVA — agriculture, forestry & fishing (A)
€386M
€211M
GVA — industry (B–E)
€1,684M
€2,283M
GVA — manufacturing (C)
€1,327M
€1,559M
GVA — construction (F)
€716M
€637M
GVA — wholesale/retail, transport, ICT (G–J)
€1,491M
€1,123M
Net disposable household income per capita (NUTS-2 source) ·N2
€31,600
€30,700
GDP per capita in PPS (purchasing-power adjusted)
35,200 PPS
34,000 PPS
GDP per capita (current prices, EUR)
€39,700
€38,400
Gross fixed capital formation — investment (total economy) ·N2
€18,609M
€15,264M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€2,844M
€3,445M
Compensation of employees (total wage bill) ·N2
€35,602M
€31,076M
GVA — finance, real estate & professional (K–N)
€1,655M
€1,531M
GVA — public admin, health & education (O–U)
€1,787M
€1,112M
Real GDP (constant 2020 prices, incl. short-term forecast)
€7,314M
€6,743M
Labour productivity per person employed (EUR)
€94,450
€100,299
Gross fixed capital formation, NUTS-3 (ARDECO)
€2,195M
€1,957M
Labour market
Employment, total persons
97,700
83,200
Self-employed persons
16,800
14,200
Employment in manufacturing (C)
15,100
17,900
Activity rate, 15–64 (NUTS-2 source) ·N2
79.4%
78.7%
Youth unemployment rate (15–24) ·N2
8.0%
11.3%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
4.4%
5.0%
Labour force aged 15+ (ARDECO)
107,500
100,600
Business demography
Active enterprises (business economy, all sizes)
12,998
12,445
Enterprise births
759
843
Enterprise deaths
576
611
3-year enterprise survival rate
2.1%
2.1%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.8%
5.3%
Employment in high-tech sectors (% of total) ·N2
4.4%
5.9%
R&D personnel (% of active population, FTE) ·N2
1.1%
3.1%
Education
Tertiary education attainment, age 25–64 ·N2
36.7%
34.9%
Tertiary attainment, age 25–34 (young talent pool) ·N2
39.5%
43.8%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
13.7%
16.1%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
23.5%
23.4%
Scientists & engineers (% of labour force) ·N2
9.2%
10.3%
Digital
Households with internet access ·N2
95.0%
94.7%
Tourism
Nights spent at tourist accommodation (total)
1,570,370
756,298
Mobility
Passenger cars per 1,000 inhabitants ·N2
663 /1k
626 /1k
Road freight loaded (annual, thousand tonnes)
9,352 kt
8,483 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
5
1
Motorway density (km per 1,000 km²) ·N2
20 km/1000km²
19 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
2
1
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
74
20
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
2
3
Demography
Population aged 15–64 (working age)
134,268
127,215
Population aged 65+
52,919
46,620
Population aged under 15
27,950
26,381
Median age of population
48.9 yrs
48.1 yrs
Old-age dependency ratio (65+ / 15–64)
39.4%
36.6%
Crude rate of total population change
-3.3 /1k
0.1 /1k
Crude rate of net migration plus adjustment
1.9 /1k
3.8 /1k
Crude birth rate
7.3 /1k
7.0 /1k
Crude death rate
12.5 /1k
10.7 /1k
Live births
1,566
1,407
Deaths
2,686
2,146
Total age-dependency ratio (young+old / 15-64)
60.2%
57.4%
Total fertility rate (births per woman)
1.39
1.31
Population density (persons per km²)
47 /km²
89 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
184,933
171,137
Social
At risk of poverty or social exclusion (AROPE) ·N2
13.5%
18.9%
Life expectancy at birth ·N2
81.8 yrs
82.4 yrs
At-risk-of-poverty rate (regional) ·N2
11.0%
15.6%
Health
Hospital beds per 100k inhabitants ·N2
636 /100k
723 /100k
Mortality, all causes (age-standardised rate) ·N2
1,047 /100k
954 /100k
Cancer mortality (age-standardised rate) ·N2
230 /100k
228 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.5 /100k
0.5 /100k
Robberies per 100k inhabitants
8.3 /100k
5.5 /100k
Burglaries per 100k inhabitants
309 /100k
198 /100k
Thefts per 100k inhabitants
640 /100k
458 /100k
Road traffic deaths per million inhabitants ·N2
49 /M
50 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.74
1.74
Regulatory quality, WGI score -2.5..2.5 (country)
1.40
1.40
Rule of law, WGI score -2.5..2.5 (country)
1.64
1.64
Control of corruption, WGI score -2.5..2.5 (country)
1.37
1.37
Political stability & absence of violence, WGI score (country)
0.60
0.60
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.156/kWh
€0.156/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.049/kWh
€0.049/kWh
Climate
Elevation at region centroid (Copernicus DEM)
562 m
607 m
Hot days ≥30°C (avg per year)
4 days/yr
2 days/yr
Frost days ≤0°C (avg per year)
93 days/yr
88 days/yr
Heavy-precipitation days ≥20mm (avg per year)
4 days/yr
10 days/yr