NUTS-3 ES707 · Spain
Population
86,2972025
GDP
€1,863M2023
Unemployment· NUTS-2 source
13.5%2025
Employment· NUTS-2 source
67.7%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
708.2 km²
TerraSight · Compare
2 regions side-by-side
ES707 · SI033
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Koroška (Opportunity 34). Runner-up: La Palma (31). Contrarian pick: La Palma — leads the set on Demographic outlook (EU pctl 100).
#2La Palma
Strengths
Demographic outlook (100) · Energy cost (95)
Red flags
Labour market (EU bottom 15%)
Connectivity (EU bottom 15%)
Industrial base (EU bottom 15%)
Why you might not pick Koroška
Its weakest dimension is Digital readiness (EU pctl 17) — La Palma may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Koroška · Manufacturing → Koroška · Office → La Palma · Residential → La Palma.
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
31.2
33.9
Resilience Indexdiversification, stability, buffers
36.3
33.0
Quality of Lifeprosperity, health, safety, environment
48.5
40.7
Clean AirPM2.5 / PM10 / NO₂ inverted
28.0
—
Connectivitytransit + air + market access
3.5
41.5
Talent & Human Capitalskills, learning, knowledge workers
38.8
57.5
Growth Momentumrecent GDP / employment trajectory
68.2
53.8
Trajectories · 2012–latest
Real GDP (2020 prices)
4.7% 5y
1.3% 5y
Population
0.7% 5y
0.1% 5y
Unemployment rate
9.7% 5y
6.3% 5y
Derived comparisons
GDP per capita
€21,588
€22,791
Population density
122 /km²
68 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 87 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€1,753M
€1,420M
GVA — agriculture, forestry & fishing (A)
€94M
€56M
GVA — industry (B–E)
€107M
€552M
GVA — manufacturing (C)
€46M
€490M
GVA — construction (F)
€136M
€82M
GVA — wholesale/retail, transport, ICT (G–J)
€501M
€224M
Net disposable household income per capita (NUTS-2 source) ·N2
€15,300
€16,700
GDP per capita in PPS (purchasing-power adjusted)
24,600 PPS
25,900 PPS
GDP per capita (current prices, EUR)
€21,900
€22,700
Gross fixed capital formation — investment (total economy) ·N2
€8,461M
€6,367M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€298M
€1,605M
Compensation of employees (total wage bill) ·N2
€28,532M
€14,558M
GVA — real estate activities (L)
—
€137M
GVA — information & communication (J)
—
€22M
GVA — finance, real estate & professional (K–N)
€354M
€244M
GVA — public admin, health & education (O–U)
€561M
€262M
Real GDP (constant 2020 prices, incl. short-term forecast)
€1,773M
€1,315M
Labour productivity per person employed (EUR)
€61,399
€56,334
Gross fixed capital formation, NUTS-3 (ARDECO)
€331M
€390M
Labour market
Employment, total persons
32,600
29,890
Self-employed persons
6,200
6,990
Employment in manufacturing (C)
800
9,520
Activity rate, 15–64 (NUTS-2 source) ·N2
73.1%
74.8%
Youth unemployment rate (15–24) ·N2
29.5%
13.3%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
13.6%
4.2%
Labour force aged 15+ (ARDECO)
43,500
33,100
Business demography
Active enterprises (business economy, all sizes)
5,502
5,095
Enterprise births
486
506
Enterprise deaths
337
288
3-year enterprise survival rate
5.0%
4.4%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.6%
1.4%
Employment in high-tech sectors (% of total) ·N2
2.1%
4.9%
R&D personnel (% of active population, FTE) ·N2
0.4%
0.9%
Education
Tertiary education attainment, age 25–64 ·N2
36.3%
31.0%
Tertiary attainment, age 25–34 (young talent pool) ·N2
43.7%
40.2%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
13.1%
20.4%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
17.6%
23.2%
Scientists & engineers (% of labour force) ·N2
5.8%
8.3%
Digital
Households with internet access ·N2
97.3%
92.4%
Tourism
Nights spent at tourist accommodation (total)
1,247,484
145,582
Mobility
Passenger cars per 1,000 inhabitants ·N2
609 /1k
592 /1k
Road freight loaded (annual, thousand tonnes)
1,581 kt
2,902 kt
Motorway density (km per 1,000 km²) ·N2
39 km/1000km²
26 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
143
58
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
0
3
Demography
Population aged 15–64 (working age)
58,604
43,654
Population aged 65+
18,909
16,872
Population aged under 15
8,784
9,832
Median age of population
48.1 yrs
47.4 yrs
Old-age dependency ratio (65+ / 15–64)
32.3%
38.6%
Crude rate of total population change
10.7 /1k
-1.9 /1k
Crude rate of net migration plus adjustment
15.5 /1k
1.3 /1k
Crude birth rate
4.4 /1k
8.1 /1k
Crude death rate
9.2 /1k
11.4 /1k
Live births
375
573
Deaths
790
802
Total age-dependency ratio (young+old / 15-64)
47.3%
61.2%
Total fertility rate (births per woman)
0.76
1.73
Population density (persons per km²)
122 /km²
68 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
205,881
56,341
Social
At risk of poverty or social exclusion (AROPE) ·N2
31.2%
17.7%
Life expectancy at birth ·N2
82.9 yrs
81.3 yrs
At-risk-of-poverty rate (regional) ·N2
22.9%
16.2%
Health
Hospital beds per 100k inhabitants ·N2
290 /100k
340 /100k
Mortality, all causes (age-standardised rate) ·N2
826 /100k
1,141 /100k
Cancer mortality (age-standardised rate) ·N2
214 /100k
285 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.0 /100k
0.0 /100k
Robberies per 100k inhabitants
10.5 /100k
2.8 /100k
Burglaries per 100k inhabitants
175 /100k
78.0 /100k
Thefts per 100k inhabitants
119 /100k
328 /100k
Road traffic deaths per million inhabitants ·N2
31 /M
32 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.14
1.26
Regulatory quality, WGI score -2.5..2.5 (country)
0.84
0.74
Rule of law, WGI score -2.5..2.5 (country)
0.96
0.92
Control of corruption, WGI score -2.5..2.5 (country)
0.78
0.75
Political stability & absence of violence, WGI score (country)
0.16
0.77
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.106/kWh
€0.132/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.048/kWh
€0.051/kWh
Climate
Elevation at region centroid (Copernicus DEM)
810 m
465 m
Hot days ≥30°C (avg per year)
18 days/yr
6 days/yr
Frost days ≤0°C (avg per year)
0 days/yr
87 days/yr
Heavy-precipitation days ≥20mm (avg per year)
3 days/yr
13 days/yr