NUTS-3 EL653 · Greece
Population
226,3762025
GDP
€4,080M2023
Unemployment· NUTS-2 source
8.3%2025
Employment· NUTS-2 source
74.1%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
6,656.7 km²
TerraSight · Compare
2 regions side-by-side
EL653 · EL651
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Λακωνία, Μεσσηνία (Opportunity 30). Runner-up: Αργολίδα, Αρκαδία (26). Contrarian pick: Αργολίδα, Αρκαδία — leads the set on Freight intensity (EU pctl 63).
Strengths
Demographic outlook (86) · Cost advantage (84)
Red flags
Economic base (EU bottom 15%)
Connectivity (EU bottom 15%)
Governance (EU bottom 15%)
Strengths
Cost advantage (84) · Freight intensity (63)
Red flags
Connectivity (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Λακωνία, Μεσσηνία
Economic base (EU bottom 15%); Connectivity (EU bottom 15%); Governance (EU bottom 15%). Its weakest dimension is Connectivity (EU pctl 7) — Αργολίδα, Αρκαδία may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Αργολίδα, Αρκαδία · Manufacturing → Αργολίδα, Αρκαδία · Office → Λακωνία, Μεσσηνία · Residential → Λακωνία, Μεσσηνία.
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
29.5
25.5
Resilience Indexdiversification, stability, buffers
33.5
34.8
Quality of Lifeprosperity, health, safety, environment
31.4
31.3
Connectivitytransit + air + market access
6.5
9.5
Talent & Human Capitalskills, learning, knowledge workers
17.0
17.0
Growth Momentumrecent GDP / employment trajectory
52.4
36.6
Trajectories · 2012–latest
Real GDP (2020 prices)
4.2% 5y
1.1% 5y
Population
0.7% 5y
1.0% 5y
Unemployment rate
6.2% 5y
6.4% 5y
Derived comparisons
GDP per capita
€18,021
€20,424
Population density
34 /km²
25 /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)
€3,560M
€2,960M
GVA — agriculture, forestry & fishing (A)
€665M
€371M
GVA — industry (B–E)
€510M
€845M
GVA — manufacturing (C)
€394M
€389M
GVA — construction (F)
€106M
€79M
GVA — wholesale/retail, transport, ICT (G–J)
€748M
€567M
Net disposable household income per capita (NUTS-2 source) ·N2
€12,100
€12,100
GDP per capita in PPS (purchasing-power adjusted)
20,600 PPS
24,100 PPS
GDP per capita (current prices, EUR)
€16,700
€19,500
Gross fixed capital formation — investment (total economy) ·N2
€1,939M
€1,939M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€94M
€94M
Compensation of employees (total wage bill) ·N2
€3,179M
€3,179M
GVA — real estate activities (L)
€631M
€409M
GVA — information & communication (J)
€28M
€32M
GVA — finance, real estate & professional (K–N)
€835M
€558M
GVA — public admin, health & education (O–U)
€696M
€541M
Real GDP (constant 2020 prices, incl. short-term forecast)
€3,571M
€2,969M
Labour productivity per person employed (EUR)
€37,867
€43,460
Gross fixed capital formation, NUTS-3 (ARDECO)
€926M
€770M
Labour market
Employment, total persons
117,070
84,810
Self-employed persons
50,920
37,330
Employment in manufacturing (C)
4,620
4,660
Activity rate, 15–64 (NUTS-2 source) ·N2
74.4%
74.4%
Youth unemployment rate (15–24) ·N2
28.5%
28.5%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
8.2%
8.2%
Labour force aged 15+ (ARDECO)
105,700
77,600
Business demography
Active enterprises (business economy, all sizes)
19,539
15,013
Enterprise births
1,272
977
Enterprise deaths
580
445
3-year enterprise survival rate
3.8%
3.8%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.1%
1.1%
Employment in high-tech sectors (% of total) ·N2
1.1%
1.1%
R&D personnel (% of active population, FTE) ·N2
0.7%
0.7%
Education
Tertiary education attainment, age 25–64 ·N2
25.8%
25.8%
Tertiary attainment, age 25–34 (young talent pool) ·N2
41.7%
41.7%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
2.6%
2.6%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
14.4%
14.4%
Scientists & engineers (% of labour force) ·N2
5.7%
5.7%
Tourism
Nights spent at tourist accommodation (total)
3,246,258
1,718,753
Mobility
Passenger cars per 1,000 inhabitants ·N2
208 /1k
208 /1k
Road freight loaded (annual, thousand tonnes)
3,261 kt
5,674 kt
Motorway density (km per 1,000 km²) ·N2
19 km/1000km²
19 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
164
149
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
0
0
Demography
Population aged 15–64 (working age)
136,374
100,141
Population aged 65+
63,451
45,864
Population aged under 15
26,551
20,070
Median age of population
50.4 yrs
50.5 yrs
Old-age dependency ratio (65+ / 15–64)
46.5%
45.8%
Crude rate of total population change
-3.4 /1k
-7.3 /1k
Crude rate of net migration plus adjustment
4.9 /1k
1.2 /1k
Crude birth rate
6.4 /1k
6.0 /1k
Crude death rate
14.7 /1k
14.4 /1k
Live births
1,442
994
Deaths
3,340
2,407
Total age-dependency ratio (young+old / 15-64)
66.0%
65.8%
Total fertility rate (births per woman)
1.39
1.29
Population density (persons per km²)
34 /km²
25 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
204,276
122,020
Social
At risk of poverty or social exclusion (AROPE) ·N2
38.1%
38.1%
Life expectancy at birth ·N2
81.8 yrs
81.8 yrs
At-risk-of-poverty rate (regional) ·N2
30.1%
30.1%
Health
Hospital beds per 100k inhabitants ·N2
239 /100k
239 /100k
Mortality, all causes (age-standardised rate) ·N2
1,000 /100k
1,000 /100k
Cancer mortality (age-standardised rate) ·N2
219 /100k
219 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.4 /100k
0.6 /100k
Robberies per 100k inhabitants
0.9 /100k
1.2 /100k
Burglaries per 100k inhabitants
99.5 /100k
53.2 /100k
Thefts per 100k inhabitants
376 /100k
435 /100k
Road traffic deaths per million inhabitants ·N2
88 /M
88 /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)
324 m
662 m
Hot days ≥30°C (avg per year)
91 days/yr
53 days/yr
Frost days ≤0°C (avg per year)
7 days/yr
23 days/yr
Heavy-precipitation days ≥20mm (avg per year)
6 days/yr
5 days/yr