NUTS-3 BE254 · Belgium
Population
304,8832025
GDP
€17,027M2024
Unemployment· NUTS-2 source
3%2025
Employment· NUTS-2 source
79.2%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
409.9 km²
TerraSight · Compare
2 regions side-by-side
BE254 · SE124
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Arr. Kortrijk (Opportunity 70). Runner-up: Örebro län (46). Contrarian pick: Örebro län — leads the set on Energy cost (EU pctl 97).
Strengths
Economic base (89) · Talent & skills (82)
Red flags
Cost advantage (EU bottom 15%)
Why you might not pick Arr. Kortrijk
Cost advantage (EU bottom 15%). Its weakest dimension is Cost advantage (EU pctl 4) — Örebro län may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Örebro län · Manufacturing → Örebro län · Office → Arr. Kortrijk · Residential → Örebro län.
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
70.3
45.7
Resilience Indexdiversification, stability, buffers
77.8
52.5
Quality of Lifeprosperity, health, safety, environment
60.5
54.4
Clean AirPM2.5 / PM10 / NO₂ inverted
40.7
—
Connectivitytransit + air + market access
65.7
17.0
Talent & Human Capitalskills, learning, knowledge workers
82.3
92.5
Growth Momentumrecent GDP / employment trajectory
61.6
29.2
Trajectories · 2012–latest
Real GDP (2020 prices)
2.3% 5y
1.4% 5y
Population
0.8% 5y
0.2% 5y
Unemployment rate
1.9% 5y
0.4% 5y
Derived comparisons
GDP per capita
€55,848
€46,178
Population density
744 /km²
32 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 90 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€15,412M
€12,753M
GVA — agriculture, forestry & fishing (A)
€110M
€257M
GVA — industry (B–E)
€3,209M
€3,063M
GVA — manufacturing (C)
€2,706M
€2,610M
GVA — construction (F)
€1,286M
€920M
GVA — wholesale/retail, transport, ICT (G–J)
€3,268M
€2,461M
Net disposable household income per capita (NUTS-2 source) ·N2
€31,200
€22,200
GDP per capita in PPS (purchasing-power adjusted)
49,900 PPS
38,800 PPS
GDP per capita (current prices, EUR)
€56,000
€45,900
Gross fixed capital formation — investment (total economy) ·N2
€16,710M
€19,140M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€2,304M
€3,614M
Compensation of employees (total wage bill) ·N2
€29,133M
€37,294M
GVA — real estate activities (L)
€1,338M
€1,045M
GVA — information & communication (J)
€395M
€406M
GVA — finance, real estate & professional (K–N)
€4,552M
€2,135M
GVA — public admin, health & education (O–U)
€2,987M
€3,917M
Real GDP (constant 2020 prices, incl. short-term forecast)
€14,448M
€13,274M
Labour productivity per person employed (EUR)
€116,954
€98,457
Gross fixed capital formation, NUTS-3 (ARDECO)
€4,644M
€3,693M
Labour market
Employment, total persons
150,200
153,870
Self-employed persons
26,300
7,200
Employment in manufacturing (C)
26,900
20,800
Activity rate, 15–64 (NUTS-2 source) ·N2
76.2%
82.3%
Youth unemployment rate (15–24) ·N2
11.7%
28.1%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
3.0%
9.4%
Labour force aged 15+ (ARDECO)
146,200
162,400
Business demography
Active enterprises (business economy, all sizes)
—
20,055
Enterprise births
—
1,645
Enterprise deaths
—
1,332
3-year enterprise survival rate
—
5.2%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.7%
4.4%
Employment in high-tech sectors (% of total) ·N2
3.9%
6.2%
R&D personnel (% of active population, FTE) ·N2
1.4%
2.5%
Education
Tertiary education attainment, age 25–64 ·N2
42.7%
46.6%
Tertiary attainment, age 25–34 (young talent pool) ·N2
51.3%
50.5%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
18.6%
38.4%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
30.9%
33.0%
Scientists & engineers (% of labour force) ·N2
10.4%
13.7%
Digital
Households with internet access ·N2
93.7%
94.0%
Tourism
Nights spent at tourist accommodation (total)
397,161
1,258,775
Mobility
Passenger cars per 1,000 inhabitants ·N2
512 /1k
474 /1k
Road freight loaded (annual, thousand tonnes)
6,592 kt
14,264 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
957
8
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
314
3
Motorway density (km per 1,000 km²) ·N2
59 km/1000km²
16 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
31
96
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
4
1
Demography
Population aged 15–64 (working age)
188,712
188,493
Population aged 65+
67,017
68,324
Population aged under 15
49,154
51,558
Median age of population
43.0 yrs
41.7 yrs
Old-age dependency ratio (65+ / 15–64)
35.5%
36.2%
Crude rate of total population change
7.2 /1k
0.8 /1k
Crude rate of net migration plus adjustment
8.0 /1k
0.9 /1k
Crude birth rate
9.4 /1k
9.1 /1k
Crude death rate
10.1 /1k
9.2 /1k
Live births
2,857
2,814
Deaths
3,081
2,828
Total age-dependency ratio (young+old / 15-64)
61.6%
63.6%
Total fertility rate (births per woman)
1.53
1.48
Population density (persons per km²)
748 /km²
36 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
295,558
395,472
Social
At risk of poverty or social exclusion (AROPE) ·N2
9.8%
20.7%
Life expectancy at birth ·N2
83.1 yrs
83.7 yrs
At-risk-of-poverty rate (regional) ·N2
5.6%
17.4%
Health
Hospital beds per 100k inhabitants ·N2
634 /100k
185 /100k
Mortality, all causes (age-standardised rate) ·N2
849 /100k
859 /100k
Cancer mortality (age-standardised rate) ·N2
205 /100k
207 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.0 /100k
—
Robberies per 100k inhabitants
83.9 /100k
50.3 /100k
Burglaries per 100k inhabitants
326 /100k
787 /100k
Thefts per 100k inhabitants
1,341 /100k
3,058 /100k
Road traffic deaths per million inhabitants ·N2
43 /M
23 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.31
1.91
Regulatory quality, WGI score -2.5..2.5 (country)
1.41
1.62
Rule of law, WGI score -2.5..2.5 (country)
1.34
1.74
Control of corruption, WGI score -2.5..2.5 (country)
1.58
2.03
Political stability & absence of violence, WGI score (country)
0.25
0.94
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.130/kWh
€0.085/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.046/kWh
€0.073/kWh
Housing market
Average sold price, tenant-owned flats (SEK thousands, Statistics Sweden)
—
1,404 kSEK
Climate
Elevation at region centroid (Copernicus DEM)
23 m
193 m
Hot days ≥30°C (avg per year)
5 days/yr
1 days/yr
Frost days ≤0°C (avg per year)
29 days/yr
121 days/yr
Heavy-precipitation days ≥20mm (avg per year)
2 days/yr
3 days/yr