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 · ITG2E
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Nuoro (Opportunity 31). Runner-up: Λακωνία, Μεσσηνία (30). Contrarian pick: Λακωνία, Μεσσηνία — leads the set on Demographic outlook (EU pctl 86).
#1Nuoro
Strengths
Cost advantage (67) · Energy cost (46)
Red flags
Labour market (EU bottom 15%)
Freight intensity (EU bottom 15%)
Industrial base (EU bottom 15%)
Strengths
Demographic outlook (86) · Cost advantage (84)
Red flags
Economic base (EU bottom 15%)
Connectivity (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Nuoro
Labour market (EU bottom 15%); Freight intensity (EU bottom 15%); Industrial base (EU bottom 15%). Its weakest dimension is Freight intensity (EU pctl 2) — Λακωνία, Μεσσηνία may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Λακωνία, Μεσσηνία · Manufacturing → Λακωνία, Μεσσηνία · Office → Nuoro · 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
30.8
Resilience Indexdiversification, stability, buffers
33.5
35.0
Quality of Lifeprosperity, health, safety, environment
31.4
41.4
Connectivitytransit + air + market access
6.5
30.0
Talent & Human Capitalskills, learning, knowledge workers
17.0
19.5
Growth Momentumrecent GDP / employment trajectory
52.4
45.8
Trajectories · 2012–latest
Real GDP (2020 prices)
4.2% 5y
3.4% 5y
Population
0.7% 5y
1.0% 5y
Unemployment rate
6.2% 5y
1.1% 5y
Derived comparisons
GDP per capita
€18,021
€24,494
Population density
34 /km²
35 /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)
€3,560M
€4,298M
GVA — agriculture, forestry & fishing (A)
€665M
€309M
GVA — industry (B–E)
€510M
€343M
GVA — manufacturing (C)
€394M
€208M
GVA — construction (F)
€106M
€303M
GVA — wholesale/retail, transport, ICT (G–J)
€748M
€918M
Net disposable household income per capita (NUTS-2 source) ·N2
€12,100
€18,900
GDP per capita in PPS (purchasing-power adjusted)
20,600 PPS
25,100 PPS
GDP per capita (current prices, EUR)
€16,700
€24,200
Gross fixed capital formation — investment (total economy) ·N2
€1,939M
€10,118M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€94M
€512M
Compensation of employees (total wage bill) ·N2
€3,179M
€16,391M
GVA — real estate activities (L)
€631M
€600M
GVA — information & communication (J)
€28M
€29M
GVA — finance, real estate & professional (K–N)
€835M
€1,005M
GVA — public admin, health & education (O–U)
€696M
€1,419M
Real GDP (constant 2020 prices, incl. short-term forecast)
€3,571M
€4,478M
Labour productivity per person employed (EUR)
€37,867
€64,002
Gross fixed capital formation, NUTS-3 (ARDECO)
€926M
€1,176M
Labour market
Employment, total persons
117,070
76,900
Self-employed persons
50,920
22,100
Employment in manufacturing (C)
4,620
5,100
Activity rate, 15–64 (NUTS-2 source) ·N2
74.4%
64.4%
Youth unemployment rate (15–24) ·N2
28.5%
24.6%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
8.2%
9.3%
Labour force aged 15+ (ARDECO)
105,700
80,800
Business demography
Active enterprises (business economy, all sizes)
19,539
13,711
Enterprise births
1,272
1,006
Enterprise deaths
580
800
3-year enterprise survival rate
3.8%
4.3%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.1%
0.8%
Employment in high-tech sectors (% of total) ·N2
1.1%
1.7%
R&D personnel (% of active population, FTE) ·N2
0.7%
0.6%
Education
Tertiary education attainment, age 25–64 ·N2
25.8%
18.4%
Tertiary attainment, age 25–34 (young talent pool) ·N2
41.7%
23.8%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
2.6%
12.7%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
14.4%
16.3%
Scientists & engineers (% of labour force) ·N2
5.7%
4.2%
Digital
Households with internet access ·N2
—
94.3%
Tourism
Nights spent at tourist accommodation (total)
3,246,258
3,718,533
Mobility
Passenger cars per 1,000 inhabitants ·N2
208 /1k
719 /1k
Road freight loaded (annual, thousand tonnes)
3,261 kt
1,088 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
—
1,012
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
—
518
Motorway density (km per 1,000 km²) ·N2
19 km/1000km²
—
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
164
88
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
0
2
Demography
Population aged 15–64 (working age)
136,374
120,431
Population aged 65+
63,451
54,858
Population aged under 15
26,551
20,042
Median age of population
50.4 yrs
51.7 yrs
Old-age dependency ratio (65+ / 15–64)
46.5%
45.6%
Crude rate of total population change
-3.4 /1k
-9.0 /1k
Crude rate of net migration plus adjustment
4.9 /1k
-1.1 /1k
Crude birth rate
6.4 /1k
4.8 /1k
Crude death rate
14.7 /1k
12.6 /1k
Live births
1,442
941
Deaths
3,340
2,476
Total age-dependency ratio (young+old / 15-64)
66.0%
62.2%
Total fertility rate (births per woman)
1.39
0.98
Population density (persons per km²)
34 /km²
—
Projected population, 2030–2040 (EUROPOP2019 baseline)
204,276
—
Social
At risk of poverty or social exclusion (AROPE) ·N2
38.1%
29.7%
Life expectancy at birth ·N2
81.8 yrs
83.2 yrs
At-risk-of-poverty rate (regional) ·N2
30.1%
26.1%
Health
Hospital beds per 100k inhabitants ·N2
239 /100k
293 /100k
Mortality, all causes (age-standardised rate) ·N2
1,000 /100k
857 /100k
Cancer mortality (age-standardised rate) ·N2
219 /100k
224 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.4 /100k
4.0 /100k
Robberies per 100k inhabitants
0.9 /100k
13.1 /100k
Burglaries per 100k inhabitants
99.5 /100k
—
Thefts per 100k inhabitants
376 /100k
430 /100k
Road traffic deaths per million inhabitants ·N2
88 /M
72 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
0.72
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
0.60
Rule of law, WGI score -2.5..2.5 (country)
0.49
0.57
Control of corruption, WGI score -2.5..2.5 (country)
0.32
0.57
Political stability & absence of violence, WGI score (country)
0.24
0.41
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.159/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.048/kWh
Climate
Elevation at region centroid (Copernicus DEM)
324 m
1,089 m
Hot days ≥30°C (avg per year)
91 days/yr
19 days/yr
Frost days ≤0°C (avg per year)
7 days/yr
34 days/yr
Heavy-precipitation days ≥20mm (avg per year)
6 days/yr
6 days/yr