NUTS-3 ES112 · Spain
Population
326,0222025
GDP
€9,407M2023
Unemployment· NUTS-2 source
8.4%2025
Employment· NUTS-2 source
72.5%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
9,869 km²
TerraSight · Compare
2 regions side-by-side
ES112 · ITC32
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Savona (Opportunity 50). Runner-up: Lugo (46). Contrarian pick: Lugo — leads the set on Energy cost (EU pctl 95).
#1Savona
Strengths
Economic base (63) · Cost advantage (55)
Red flags
Long-run slide: down 21 EU ranks in real GDP per head since 1995 (relative decline, not absolute)
#2Lugo
Strengths
Energy cost (95) · Freight intensity (94)
Red flags
Demographic outlook (EU bottom 15%)
Why you might not pick Savona
Long-run slide: down 21 EU ranks in real GDP per head since 1995 (relative decline, not absolute). Its weakest dimension is Labour market (EU pctl 20) — Lugo may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Lugo · Manufacturing → Lugo · Office → Lugo · Residential → Savona.
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
46.1
49.6
Resilience Indexdiversification, stability, buffers
44.5
44.3
Quality of Lifeprosperity, health, safety, environment
55.5
46.5
Clean AirPM2.5 / PM10 / NO₂ inverted
79.3
52.0
Connectivitytransit + air + market access
19.3
38.7
Talent & Human Capitalskills, learning, knowledge workers
61.5
21.0
Growth Momentumrecent GDP / employment trajectory
53.8
48.0
Trajectories · 2012–latest
Real GDP (2020 prices)
4.6% 5y
2.9% 5y
Population
0.1% 5y
0.4% 5y
Unemployment rate
1.6% 5y
5.5% 5y
Derived comparisons
GDP per capita
€28,852
€35,037
Population density
33 /km²
172 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 89 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€8,584M
€8,406M
GVA — agriculture, forestry & fishing (A)
€1,167M
€127M
GVA — industry (B–E)
€1,348M
€1,613M
GVA — manufacturing (C)
€751M
€1,374M
GVA — construction (F)
€511M
€650M
GVA — wholesale/retail, transport, ICT (G–J)
€2,196M
€1,930M
Net disposable household income per capita (NUTS-2 source) ·N2
€17,800
€23,600
GDP per capita in PPS (purchasing-power adjusted)
32,500 PPS
36,300 PPS
GDP per capita (current prices, EUR)
€29,000
€35,000
Gross fixed capital formation — investment (total economy) ·N2
€13,447M
€12,797M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€2,235M
€1,274M
Compensation of employees (total wage bill) ·N2
€35,979M
€21,326M
GVA — real estate activities (L)
—
€1,493M
GVA — information & communication (J)
—
€90M
GVA — finance, real estate & professional (K–N)
€1,555M
€2,413M
GVA — public admin, health & education (O–U)
€1,808M
€1,671M
Real GDP (constant 2020 prices, incl. short-term forecast)
€8,692M
€8,351M
Labour productivity per person employed (EUR)
€72,609
€86,046
Gross fixed capital formation, NUTS-3 (ARDECO)
€1,852M
€2,080M
Labour market
Employment, total persons
138,700
110,600
Self-employed persons
34,700
33,200
Employment in manufacturing (C)
12,800
10,600
Activity rate, 15–64 (NUTS-2 source) ·N2
73.7%
72.2%
Youth unemployment rate (15–24) ·N2
24.7%
20.6%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
8.4%
4.6%
Labour force aged 15+ (ARDECO)
147,100
119,700
Business demography
Active enterprises (business economy, all sizes)
23,681
24,396
Enterprise births
1,480
1,577
Enterprise deaths
1,505
1,426
3-year enterprise survival rate
3.6%
3.7%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.2%
1.4%
Employment in high-tech sectors (% of total) ·N2
3.4%
3.1%
R&D personnel (% of active population, FTE) ·N2
1.1%
1.4%
Education
Tertiary education attainment, age 25–64 ·N2
43.4%
23.5%
Tertiary attainment, age 25–34 (young talent pool) ·N2
53.3%
28.0%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
14.7%
11.4%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
25.2%
17.5%
Scientists & engineers (% of labour force) ·N2
7.0%
4.3%
Digital
Households with internet access ·N2
96.5%
94.1%
Tourism
Nights spent at tourist accommodation (total)
1,887,944
5,220,588
Mobility
Passenger cars per 1,000 inhabitants ·N2
611 /1k
563 /1k
Road freight loaded (annual, thousand tonnes)
19,877 kt
7,231 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
26
26
Motorway density (km per 1,000 km²) ·N2
40 km/1000km²
70 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
8
10
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
81
51
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)
195,203
160,069
Population aged 65+
98,621
80,779
Population aged under 15
32,198
26,216
Median age of population
52.3 yrs
53.6 yrs
Old-age dependency ratio (65+ / 15–64)
50.5%
50.5%
Crude rate of total population change
3.0 /1k
-2.1 /1k
Crude rate of net migration plus adjustment
13.1 /1k
7.4 /1k
Crude birth rate
4.9 /1k
4.8 /1k
Crude death rate
15.1 /1k
14.4 /1k
Live births
1,610
1,296
Deaths
4,913
3,843
Total age-dependency ratio (young+old / 15-64)
67.0%
66.8%
Total fertility rate (births per woman)
1.03
1.09
Population density (persons per km²)
33 /km²
173 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
199,442
205,824
Social
At risk of poverty or social exclusion (AROPE) ·N2
22.1%
19.7%
Life expectancy at birth ·N2
84.2 yrs
83.8 yrs
At-risk-of-poverty rate (regional) ·N2
16.0%
17.1%
Health
Hospital beds per 100k inhabitants ·N2
317 /100k
345 /100k
Mortality, all causes (age-standardised rate) ·N2
785 /100k
867 /100k
Cancer mortality (age-standardised rate) ·N2
215 /100k
218 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.9 /100k
0.4 /100k
Robberies per 100k inhabitants
13.2 /100k
32.1 /100k
Burglaries per 100k inhabitants
185 /100k
—
Thefts per 100k inhabitants
130 /100k
1,356 /100k
Road traffic deaths per million inhabitants ·N2
48 /M
41 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.14
0.72
Regulatory quality, WGI score -2.5..2.5 (country)
0.84
0.60
Rule of law, WGI score -2.5..2.5 (country)
0.96
0.57
Control of corruption, WGI score -2.5..2.5 (country)
0.78
0.57
Political stability & absence of violence, WGI score (country)
0.16
0.41
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.106/kWh
€0.159/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.048/kWh
€0.048/kWh
Climate
Elevation at region centroid (Copernicus DEM)
665 m
549 m
Hot days ≥30°C (avg per year)
3 days/yr
3 days/yr
Frost days ≤0°C (avg per year)
20 days/yr
26 days/yr
Heavy-precipitation days ≥20mm (avg per year)
14 days/yr
15 days/yr