NUTS-3 EL422 · Greece
Population
115,9492025
GDP
€3,365M2023
Unemployment· NUTS-2 source
7.3%2025
Employment· NUTS-2 source
69.4%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
2,556.5 km²
TerraSight · Compare
2 regions side-by-side
EL422 · HU233
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Tolna (Opportunity 29). Runner-up: Άνδρος, Θήρα, Κέα - Κύθνος, Μήλος, Μύκονος, Νάξος, Πάρος, Σύρος, Τήνος (26). Contrarian pick: Άνδρος, Θήρα, Κέα - Κύθνος, Μήλος, Μύκονος, Νάξος, Πάρος, Σύρος, Τήνος — leads the set on Demographic outlook (EU pctl 92).
#1Tolna
Strengths
Cost advantage (95) · Growth momentum (50)
Red flags
Economic base (EU bottom 15%)
Talent & skills (EU bottom 15%)
Governance (EU bottom 15%)
Energy cost (EU bottom 15%)
Strengths
Demographic outlook (92) · Cost advantage (73)
Red flags
Labour market (EU bottom 15%)
Talent & skills (EU bottom 15%)
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Resilience (EU bottom 15%)
Why you might not pick Tolna
Economic base (EU bottom 15%); Talent & skills (EU bottom 15%); Governance (EU bottom 15%); Energy cost (EU bottom 15%). Its weakest dimension is Energy cost (EU pctl 2) — Άνδρος, Θήρα, Κέα - Κύθνος, Μήλος, Μύκονος, Νάξος, Πάρος, Σύρος, Τήνος may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Tolna · Manufacturing → Tolna · Office → Άνδρος, Θήρα, Κέα - Κύθνος, Μήλος, Μύκονος, Νάξος, Πάρος, Σύρος, Τήνος · Residential → Άνδρος, Θήρα, Κέα - Κύθνος, Μήλος, Μύκονος, Νάξος, Πάρος, Σύρος, Τήνος.
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
26.2
28.6
Resilience Indexdiversification, stability, buffers
4.8
39.5
Quality of Lifeprosperity, health, safety, environment
32.5
26.0
Connectivitytransit + air + market access
17.5
48.0
Talent & Human Capitalskills, learning, knowledge workers
3.3
11.3
Growth Momentumrecent GDP / employment trajectory
49.2
50.4
Trajectories · 2012–latest
Real GDP (2020 prices)
6.6% 5y
0.0% 5y
Population
1.1% 5y
0.9% 5y
Unemployment rate
15.0% 5y
16.0% 5y
Derived comparisons
GDP per capita
€29,018
€15,468
Population density
45 /km²
55 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 86 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€2,936M
€2,719M
GVA — agriculture, forestry & fishing (A)
€49M
€196M
GVA — industry (B–E)
€162M
€842M
GVA — manufacturing (C)
€61M
€458M
GVA — construction (F)
€167M
€225M
GVA — wholesale/retail, transport, ICT (G–J)
€1,554M
€406M
Net disposable household income per capita (NUTS-2 source) ·N2
€16,100
€9,200
GDP per capita in PPS (purchasing-power adjusted)
33,100 PPS
21,700 PPS
GDP per capita (current prices, EUR)
€26,900
€15,400
Gross fixed capital formation — investment (total economy) ·N2
€1,625M
€4,847M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€39M
€583M
Compensation of employees (total wage bill) ·N2
€2,789M
€4,955M
GVA — real estate activities (L)
€461M
€232M
GVA — information & communication (J)
€19M
€66M
GVA — finance, real estate & professional (K–N)
€663M
€447M
GVA — public admin, health & education (O–U)
€341M
€603M
Real GDP (constant 2020 prices, incl. short-term forecast)
€3,013M
€2,318M
Labour productivity per person employed (EUR)
€54,144
€40,627
Gross fixed capital formation, NUTS-3 (ARDECO)
€865M
€1,225M
Labour market
Employment, total persons
67,850
82,320
Self-employed persons
26,410
8,580
Employment in manufacturing (C)
2,340
14,890
Activity rate, 15–64 (NUTS-2 source) ·N2
67.7%
76.7%
Youth unemployment rate (15–24) ·N2
23.6%
19.4%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
7.4%
6.5%
Labour force aged 15+ (ARDECO)
48,900
98,800
Business demography
Active enterprises (business economy, all sizes)
23,406
16,047
Enterprise births
2,237
1,380
Enterprise deaths
554
406
3-year enterprise survival rate
6.0%
5.6%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.2%
0.6%
Employment in high-tech sectors (% of total) ·N2
—
3.2%
R&D personnel (% of active population, FTE) ·N2
0.4%
0.6%
Education
Tertiary education attainment, age 25–64 ·N2
22.5%
21.6%
Tertiary attainment, age 25–34 (young talent pool) ·N2
26.6%
22.0%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
2.7%
9.0%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
12.5%
15.9%
Scientists & engineers (% of labour force) ·N2
4.5%
4.6%
Digital
Households with internet access ·N2
—
92.2%
Tourism
Nights spent at tourist accommodation (total)
12,755,330
151,348
Mobility
Passenger cars per 1,000 inhabitants ·N2
399 /1k
453 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
—
1,364
Road freight loaded (annual, thousand tonnes)
3,916 kt
4,200 kt
Motorway density (km per 1,000 km²) ·N2
0 km/1000km²
24 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
—
667
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
74
58
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
1
Demography
Population aged 15–64 (working age)
71,394
128,180
Population aged 65+
26,368
47,807
Population aged under 15
18,187
28,580
Median age of population
46.7 yrs
46.8 yrs
Old-age dependency ratio (65+ / 15–64)
36.9%
37.3%
Crude rate of total population change
-12.8 /1k
-8.9 /1k
Crude rate of net migration plus adjustment
-11.7 /1k
-1.6 /1k
Crude birth rate
10.1 /1k
7.7 /1k
Crude death rate
11.3 /1k
15.0 /1k
Live births
1,180
1,585
Deaths
1,316
3,080
Total age-dependency ratio (young+old / 15-64)
62.4%
59.6%
Total fertility rate (births per woman)
1.95
1.49
Population density (persons per km²)
46 /km²
57 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
118,467
171,282
Social
At risk of poverty or social exclusion (AROPE) ·N2
27.5%
25.4%
Life expectancy at birth ·N2
82.3 yrs
76.8 yrs
At-risk-of-poverty rate (regional) ·N2
18.0%
18.0%
Health
Hospital beds per 100k inhabitants ·N2
263 /100k
677 /100k
Mortality, all causes (age-standardised rate) ·N2
972 /100k
1,709 /100k
Cancer mortality (age-standardised rate) ·N2
213 /100k
326 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.8 /100k
0.5 /100k
Robberies per 100k inhabitants
6.0 /100k
2.4 /100k
Burglaries per 100k inhabitants
72.4 /100k
—
Thefts per 100k inhabitants
387 /100k
423 /100k
Road traffic deaths per million inhabitants ·N2
132 /M
67 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
0.66
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
0.29
Rule of law, WGI score -2.5..2.5 (country)
0.49
0.24
Control of corruption, WGI score -2.5..2.5 (country)
0.32
0.04
Political stability & absence of violence, WGI score (country)
0.24
0.67
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.171/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.048/kWh
Climate
Elevation at region centroid (Copernicus DEM)
311 m
214 m
Hot days ≥30°C (avg per year)
15 days/yr
22 days/yr
Frost days ≤0°C (avg per year)
0 days/yr
63 days/yr
Heavy-precipitation days ≥20mm (avg per year)
2 days/yr
4 days/yr