NUTS-3 EL541 · Greece
Population
115,0072025
GDP
€1,536M2023
Unemployment· NUTS-2 source
9.9%2025
Employment· NUTS-2 source
69%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
2,644.3 km²
TerraSight · Compare
2 regions side-by-side
EL541 · PT11E
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Terras de Trás-os-Montes (Opportunity 30). Runner-up: Άρτα, Πρέβεζα (24). Contrarian pick: Άρτα, Πρέβεζα — leads the set on Cost advantage (EU pctl 83).
Strengths
Energy cost (90) · Cost advantage (80)
Red flags
Demographic outlook (EU bottom 15%)
Connectivity (EU bottom 15%)
Freight intensity (EU bottom 15%)
Industrial base (EU bottom 15%)
Digital readiness (EU bottom 15%)
Strengths
Cost advantage (83) · Energy cost (58)
Red flags
Economic base (EU bottom 15%)
Demographic outlook (EU bottom 15%)
Labour market (EU bottom 15%)
Connectivity (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Terras de Trás-os-Montes
Demographic outlook (EU bottom 15%); Connectivity (EU bottom 15%); Freight intensity (EU bottom 15%); Industrial base (EU bottom 15%); Digital readiness (EU bottom 15%). Its weakest dimension is Freight intensity (EU pctl 2) — Άρτα, Πρέβεζα may suit a mandate that weights that higher.
How robust is this recommendation?
Terras de Trás-os-Montes 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
24.1
29.5
Resilience Indexdiversification, stability, buffers
25.5
45.5
Quality of Lifeprosperity, health, safety, environment
45.7
47.1
Connectivitytransit + air + market access
9.5
11.0
Talent & Human Capitalskills, learning, knowledge workers
30.0
63.0
Growth Momentumrecent GDP / employment trajectory
43.6
47.8
Trajectories · 2012–latest
Real GDP (2020 prices)
3.6% 5y
1.2% 5y
Population
0.9% 5y
0.3% 5y
Unemployment rate
11.1% 5y
2.4% 5y
Derived comparisons
GDP per capita
€13,356
€19,337
Population density
43 /km²
19 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 88 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€1,340M
€1,804M
GVA — agriculture, forestry & fishing (A)
€49M
€147M
GVA — industry (B–E)
€186M
€280M
GVA — manufacturing (C)
€124M
€120M
GVA — construction (F)
€65M
€77M
GVA — wholesale/retail, transport, ICT (G–J)
€362M
€298M
Net disposable household income per capita (NUTS-2 source) ·N2
€12,400
€13,800
GDP per capita in PPS (purchasing-power adjusted)
16,100 PPS
23,500 PPS
GDP per capita (current prices, EUR)
€13,100
€19,300
Gross fixed capital formation — investment (total economy) ·N2
€1,087M
€16,004M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€83M
€3,831M
Compensation of employees (total wage bill) ·N2
€1,682M
€39,066M
GVA — real estate activities (L)
€245M
€183M
GVA — information & communication (J)
€13M
€15M
GVA — finance, real estate & professional (K–N)
€332M
€310M
GVA — public admin, health & education (O–U)
€346M
€542M
Real GDP (constant 2020 prices, incl. short-term forecast)
€1,417M
€1,764M
Labour productivity per person employed (EUR)
€32,308
€43,305
Gross fixed capital formation, NUTS-3 (ARDECO)
€435M
€444M
Labour market
Employment, total persons
51,920
49,420
Self-employed persons
22,080
18,990
Employment in manufacturing (C)
3,320
3,070
Activity rate, 15–64 (NUTS-2 source) ·N2
69.9%
77.8%
Youth unemployment rate (15–24) ·N2
26.1%
18.4%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
9.9%
6.1%
Labour force aged 15+ (ARDECO)
47,500
48,900
Business demography
Active enterprises (business economy, all sizes)
9,413
11,625
Enterprise births
609
1,318
Enterprise deaths
355
1,228
3-year enterprise survival rate
4.4%
4.9%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.8%
2.0%
Employment in high-tech sectors (% of total) ·N2
1.2%
4.4%
R&D personnel (% of active population, FTE) ·N2
1.7%
1.6%
Education
Tertiary education attainment, age 25–64 ·N2
35.4%
29.8%
Tertiary attainment, age 25–34 (young talent pool) ·N2
47.0%
41.3%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
3.9%
15.7%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
19.2%
23.3%
Scientists & engineers (% of labour force) ·N2
6.5%
10.5%
Digital
Households with internet access ·N2
—
88.8%
Tourism
Nights spent at tourist accommodation (total)
1,426,674
366,265
Mobility
Passenger cars per 1,000 inhabitants ·N2
418 /1k
—
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
—
9
Road freight loaded (annual, thousand tonnes)
2,229 kt
570 kt
Motorway density (km per 1,000 km²) ·N2
20 km/1000km²
—
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
—
8
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
97
167
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
0
Demography
Population aged 15–64 (working age)
65,346
60,044
Population aged 65+
36,300
37,223
Population aged under 15
13,361
10,029
Median age of population
52.6 yrs
54.4 yrs
Old-age dependency ratio (65+ / 15–64)
55.6%
62.0%
Crude rate of total population change
-6.3 /1k
5.2 /1k
Crude rate of net migration plus adjustment
3.6 /1k
16.1 /1k
Crude birth rate
5.6 /1k
5.0 /1k
Crude death rate
15.5 /1k
15.8 /1k
Live births
649
544
Deaths
1,790
1,725
Total age-dependency ratio (young+old / 15-64)
76.0%
78.7%
Total fertility rate (births per woman)
1.28
1.07
Population density (persons per km²)
44 /km²
20 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
81,815
64,035
Social
At risk of poverty or social exclusion (AROPE) ·N2
25.3%
18.7%
Life expectancy at birth ·N2
83.6 yrs
83.1 yrs
At-risk-of-poverty rate (regional) ·N2
22.0%
15.6%
Health
Hospital beds per 100k inhabitants ·N2
472 /100k
327 /100k
Mortality, all causes (age-standardised rate) ·N2
869 /100k
914 /100k
Cancer mortality (age-standardised rate) ·N2
201 /100k
207 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.0 /100k
1.9 /100k
Robberies per 100k inhabitants
2.6 /100k
22.3 /100k
Burglaries per 100k inhabitants
32.0 /100k
125 /100k
Thefts per 100k inhabitants
143 /100k
395 /100k
Road traffic deaths per million inhabitants ·N2
60 /M
50 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
1.02
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
0.81
Rule of law, WGI score -2.5..2.5 (country)
0.49
1.13
Control of corruption, WGI score -2.5..2.5 (country)
0.32
0.79
Political stability & absence of violence, WGI score (country)
0.24
0.89
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.107/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.045/kWh
Climate
Elevation at region centroid (Copernicus DEM)
353 m
670 m
Hot days ≥30°C (avg per year)
55 days/yr
43 days/yr
Frost days ≤0°C (avg per year)
18 days/yr
30 days/yr
Heavy-precipitation days ≥20mm (avg per year)
26 days/yr
6 days/yr