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EL543 · EL633

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NUTS-3 EL543 · Greece
Population
168,8842025
GDP
€2,341M2023
Unemployment· NUTS-2 source
9.9%2025
Employment· NUTS-2 source
69%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
4,991 km²
NUTS-3 EL633 · Greece
Population
152,5452025
GDP
€2,133M2023
Unemployment· NUTS-2 source
9.7%2025
Employment· NUTS-2 source
66.6%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
2,634.2 km²

Decision brief

Download brief (PDF)mandate-neutral · ranked by overall opportunity

Best overall fit: Ιωάννινα (Opportunity 29). Runner-up: Ηλεία (26). Contrarian pick: Ηλεία — leads the set on Cost advantage (EU pctl 88).

Strengths
Cost advantage (83) · Growth momentum (66)
Red flags
Economic base (EU bottom 15%)
Labour market (EU bottom 15%)
Connectivity (EU bottom 15%)
Governance (EU bottom 15%)
Air quality (EU bottom 15%)
Strengths
Cost advantage (88) · Freight intensity (66)
Red flags
Economic base (EU bottom 15%)
Labour market (EU bottom 15%)
Talent & skills (EU bottom 15%)
Connectivity (EU bottom 15%)
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Ιωάννινα
Economic base (EU bottom 15%); Labour market (EU bottom 15%); Connectivity (EU bottom 15%); Governance (EU bottom 15%); Air quality (EU bottom 15%). Its weakest dimension is Air quality (EU pctl 0) — Ηλεία may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: LogisticsΗλεία · ManufacturingΙωάννινα · OfficeΙωάννινα · ResidentialΗλεία.
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
28.7
26.3
Resilience Indexdiversification, stability, buffers
40.8
38.8
Quality of Lifeprosperity, health, safety, environment
36.1
26.2
Clean AirPM2.5 / PM10 / NO₂ inverted
0.3
Connectivitytransit + air + market access
13.5
4.0
Talent & Human Capitalskills, learning, knowledge workers
30.0
5.8
Growth Momentumrecent GDP / employment trajectory
65.8
63.8

Trajectories · 2012–latest

Real GDP (2020 prices)
3.6% 5y
4.4% 5y
Population
0.9% 5y
0.1% 5y
Unemployment rate
11.3% 5y
14.8% 5y

Derived comparisons

GDP per capita
€13,864
€13,984
Population density
34 /km²
58 /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)
€2,043M
€1,861M
GVA — agriculture, forestry & fishing (A)
€63M
€462M
GVA — industry (B–E)
€324M
€214M
GVA — manufacturing (C)
€216M
€137M
GVA — construction (F)
€78M
€56M
GVA — wholesale/retail, transport, ICT (G–J)
€432M
€424M
Net disposable household income per capita (NUTS-2 source) ·N2
€12,400
€11,200
GDP per capita in PPS (purchasing-power adjusted)
17,500 PPS
17,300 PPS
GDP per capita (current prices, EUR)
€14,200
€14,000
Gross fixed capital formation — investment (total economy) ·N2
€1,087M
€1,755M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€83M
€79M
Compensation of employees (total wage bill) ·N2
€1,682M
€3,384M
GVA — real estate activities (L)
€299M
€248M
GVA — information & communication (J)
€33M
€19M
GVA — finance, real estate & professional (K–N)
€495M
€333M
GVA — public admin, health & education (O–U)
€651M
€373M
Real GDP (constant 2020 prices, incl. short-term forecast)
€2,159M
€1,932M
Labour productivity per person employed (EUR)
€36,220
€31,981
Gross fixed capital formation, NUTS-3 (ARDECO)
€663M
€453M
Labour market
Employment, total persons
70,600
72,450
Self-employed persons
19,480
35,090
Employment in manufacturing (C)
5,770
2,970
Activity rate, 15–64 (NUTS-2 source) ·N2
69.9%
66.4%
Youth unemployment rate (15–24) ·N2
26.1%
27.1%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
9.8%
9.7%
Labour force aged 15+ (ARDECO)
76,300
66,300
Business demography
Active enterprises (business economy, all sizes)
13,016
9,172
Enterprise births
1,070
595
Enterprise deaths
595
314
3-year enterprise survival rate
4.3%
3.8%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.8%
1.6%
Employment in high-tech sectors (% of total) ·N2
1.2%
1.4%
R&D personnel (% of active population, FTE) ·N2
1.7%
1.4%
Education
Tertiary education attainment, age 25–64 ·N2
35.4%
21.7%
Tertiary attainment, age 25–34 (young talent pool) ·N2
47.0%
26.7%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
3.9%
4.2%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
19.2%
14.9%
Scientists & engineers (% of labour force) ·N2
6.5%
5.2%
Tourism
Nights spent at tourist accommodation (total)
1,026,381
927,985
Mobility
Passenger cars per 1,000 inhabitants ·N2
418 /1k
318 /1k
Road freight loaded (annual, thousand tonnes)
3,696 kt
5,483 kt
Motorway density (km per 1,000 km²) ·N2
20 km/1000km²
20 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
83
211
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)
104,934
94,892
Population aged 65+
42,852
39,529
Population aged under 15
21,098
18,124
Median age of population
46.5 yrs
47.9 yrs
Old-age dependency ratio (65+ / 15–64)
40.8%
41.7%
Crude rate of total population change
24.9 /1k
9.7 /1k
Crude rate of net migration plus adjustment
30.4 /1k
17.5 /1k
Crude birth rate
5.5 /1k
5.4 /1k
Crude death rate
11.0 /1k
13.2 /1k
Live births
911
821
Deaths
1,832
2,007
Total age-dependency ratio (young+old / 15-64)
60.9%
60.8%
Total fertility rate (births per woman)
1.09
1.22
Population density (persons per km²)
34 /km²
59 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
124,039
108,427
Social
At risk of poverty or social exclusion (AROPE) ·N2
25.3%
27.9%
Life expectancy at birth ·N2
83.6 yrs
81.8 yrs
At-risk-of-poverty rate (regional) ·N2
22.0%
23.0%
Health
Hospital beds per 100k inhabitants ·N2
472 /100k
316 /100k
Mortality, all causes (age-standardised rate) ·N2
869 /100k
1,085 /100k
Cancer mortality (age-standardised rate) ·N2
201 /100k
234 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.6 /100k
0.7 /100k
Robberies per 100k inhabitants
1.8 /100k
14.6 /100k
Burglaries per 100k inhabitants
12.8 /100k
109 /100k
Thefts per 100k inhabitants
83.8 /100k
362 /100k
Road traffic deaths per million inhabitants ·N2
60 /M
93 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
0.56
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
0.42
Rule of law, WGI score -2.5..2.5 (country)
0.49
0.49
Control of corruption, WGI score -2.5..2.5 (country)
0.32
0.32
Political stability & absence of violence, WGI score (country)
0.24
0.24
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.143/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.039/kWh
Climate
Elevation at region centroid (Copernicus DEM)
838 m
109 m
Hot days ≥30°C (avg per year)
20 days/yr
77 days/yr
Frost days ≤0°C (avg per year)
48 days/yr
3 days/yr
Heavy-precipitation days ≥20mm (avg per year)
24 days/yr
14 days/yr