NUTS-3 DE232 · Germany
Population
151,3892025
GDP
€16,299M2023
Unemployment· NUTS-2 source
2.8%2025
Employment· NUTS-2 source
84%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
79.8 km²
TerraSight · Compare
2 regions side-by-side
DE232 · DE144
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Ulm, Stadtkreis (Opportunity 69). Runner-up: Regensburg, Kreisfreie Stadt (58). Contrarian pick: Regensburg, Kreisfreie Stadt — leads the set on Economic base (EU pctl 99).
Strengths
Economic base (98) · Labour market (93)
Red flags
Cost advantage (EU bottom 15%)
Why you might not pick Ulm, Stadtkreis
Cost advantage (EU bottom 15%). Its weakest dimension is Cost advantage (EU pctl 12) — Regensburg, Kreisfreie Stadt may suit a mandate that weights that higher.
How robust is this recommendation?
Ulm, Stadtkreis leads under all four archetype mandates — the recommendation is weight-stable.
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
57.9
69.2
Resilience Indexdiversification, stability, buffers
41.5
63.3
Quality of Lifeprosperity, health, safety, environment
58.5
70.1
Clean AirPM2.5 / PM10 / NO₂ inverted
39.0
54.7
Connectivitytransit + air + market access
50.7
71.0
Talent & Human Capitalskills, learning, knowledge workers
37.3
70.5
Growth Momentumrecent GDP / employment trajectory
31.2
52.6
Trajectories · 2012–latest
Real GDP (2020 prices)
1.4% 5y
1.9% 5y
Population
0.2% 5y
0.5% 5y
Unemployment rate
3.3% 5y
3.2% 5y
Derived comparisons
GDP per capita
€107,662
€99,683
Population density
1,897 /km²
1,075 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 83 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€14,887M
€11,826M
GVA — agriculture, forestry & fishing (A)
€70M
€23M
GVA — industry (B–E)
€5,496M
€3,280M
GVA — manufacturing (C)
€5,175M
€3,026M
GVA — construction (F)
€302M
€304M
GVA — wholesale/retail, transport, ICT (G–J)
€2,162M
€3,215M
Net disposable household income per capita (NUTS-2 source) ·N2
€29,200
€30,000
GDP per capita in PPS (purchasing-power adjusted)
97,700 PPS
89,800 PPS
GDP per capita (current prices, EUR)
€109,700
€100,800
Gross fixed capital formation — investment (total economy) ·N2
€14,986M
€25,503M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€3,348M
€7,289M
Compensation of employees (total wage bill) ·N2
€31,166M
€52,964M
GVA — finance, real estate & professional (K–N)
€3,276M
€2,380M
GVA — public admin, health & education (O–U)
€3,581M
€2,624M
Real GDP (constant 2020 prices, incl. short-term forecast)
€13,913M
€11,214M
Labour productivity per person employed (EUR)
€102,602
€102,894
Gross fixed capital formation, NUTS-3 (ARDECO)
€4,113M
€3,310M
Labour market
Employment, total persons
165,550
132,690
Self-employed persons
8,640
7,000
Employment in manufacturing (C)
31,390
21,210
Activity rate, 15–64 (NUTS-2 source) ·N2
83.0%
83.3%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
2.7%
2.8%
Labour force aged 15+ (ARDECO)
94,700
77,600
Business demography
Active enterprises (business economy, all sizes)
6,606
5,183
Enterprise births
563
464
Enterprise deaths
531
463
3-year enterprise survival rate
3.5%
4.7%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.8%
3.9%
Employment in high-tech sectors (% of total) ·N2
5.9%
6.9%
R&D personnel (% of active population, FTE) ·N2
1.1%
2.5%
Education
Tertiary education attainment, age 25–64 ·N2
32.7%
40.3%
Tertiary attainment, age 25–34 (young talent pool) ·N2
40.3%
47.4%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
7.2%
9.9%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
21.6%
27.6%
Scientists & engineers (% of labour force) ·N2
8.3%
11.4%
Tourism
Nights spent at tourist accommodation (total)
1,356,231
853,057
Mobility
Passenger cars per 1,000 inhabitants ·N2
670 /1k
639 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
719
829
Road freight loaded (annual, thousand tonnes)
7,410 kt
4,425 kt
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
475
638
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
77
50
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)
106,869
87,104
Population aged 65+
26,278
25,145
Population aged under 15
18,242
17,633
Median age of population
38.8 yrs
40.3 yrs
Old-age dependency ratio (65+ / 15–64)
24.6%
28.9%
Crude rate of total population change
11.5 /1k
6.8 /1k
Crude rate of net migration plus adjustment
11.8 /1k
7.4 /1k
Crude birth rate
9.8 /1k
9.0 /1k
Crude death rate
10.2 /1k
9.6 /1k
Live births
1,482
1,171
Deaths
1,540
1,241
Total age-dependency ratio (young+old / 15-64)
41.7%
49.1%
Total fertility rate (births per woman)
1.20
1.25
Population density (persons per km²)
1,905 /km²
1,088 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
148,849
120,233
Social
At risk of poverty or social exclusion (AROPE) ·N2
15.8%
16.6%
Life expectancy at birth ·N2
81.2 yrs
82.5 yrs
At-risk-of-poverty rate (regional) ·N2
14.6%
12.4%
Health
Mortality, all causes (age-standardised rate) ·N2
1,096 /100k
938 /100k
Cancer mortality (age-standardised rate) ·N2
234 /100k
195 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.7 /100k
1.6 /100k
Robberies per 100k inhabitants
87.5 /100k
97.7 /100k
Burglaries per 100k inhabitants
321 /100k
294 /100k
Thefts per 100k inhabitants
2,481 /100k
2,373 /100k
Road traffic deaths per million inhabitants ·N2
38 /M
39 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.78
1.78
Regulatory quality, WGI score -2.5..2.5 (country)
1.56
1.56
Rule of law, WGI score -2.5..2.5 (country)
1.58
1.58
Control of corruption, WGI score -2.5..2.5 (country)
1.82
1.82
Political stability & absence of violence, WGI score (country)
0.53
0.53
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.161/kWh
€0.161/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.055/kWh
€0.055/kWh
Climate
Elevation at region centroid (Copernicus DEM)
342 m
575 m
Hot days ≥30°C (avg per year)
11 days/yr
6 days/yr
Frost days ≤0°C (avg per year)
86 days/yr
89 days/yr
Heavy-precipitation days ≥20mm (avg per year)
2 days/yr
4 days/yr