NUTS-3 ES709 · Spain
Population
966,4692025
GDP
€23,327M2023
Unemployment· NUTS-2 source
13.5%2025
Employment· NUTS-2 source
67.7%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
2,034.4 km²
TerraSight · Compare
2 regions side-by-side
ES709 · ES612
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Tenerife (Opportunity 53). Runner-up: Cádiz (52). Contrarian pick: Cádiz — leads the set on Cost advantage (EU pctl 78).
#1Tenerife
Strengths
Demographic outlook (98) · Energy cost (95)
Red flags
Labour market (EU bottom 15%)
Industrial base (EU bottom 15%)
#2Cádiz
Strengths
Energy cost (95) · Cost advantage (78)
Red flags
Labour market (EU bottom 15%)
Industrial base (EU bottom 15%)
Why you might not pick Tenerife
Labour market (EU bottom 15%); Industrial base (EU bottom 15%). Its weakest dimension is Industrial base (EU pctl 2) — Cádiz may suit a mandate that weights that higher.
How robust is this recommendation?
Tenerife leads under all four archetype mandates — the recommendation is weight-stable.
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
52.5
52.1
Resilience Indexdiversification, stability, buffers
30.5
37.8
Quality of Lifeprosperity, health, safety, environment
43.0
38.3
Clean AirPM2.5 / PM10 / NO₂ inverted
28.7
34.7
Connectivitytransit + air + market access
47.3
23.0
Talent & Human Capitalskills, learning, knowledge workers
38.8
46.8
Growth Momentumrecent GDP / employment trajectory
69.0
60.0
Trajectories · 2012–latest
Real GDP (2020 prices)
6.1% 5y
3.8% 5y
Population
0.8% 5y
0.2% 5y
Unemployment rate
9.8% 5y
7.2% 5y
Derived comparisons
GDP per capita
€24,137
€21,233
Population density
475 /km²
169 /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)
€21,947M
€24,441M
GVA — agriculture, forestry & fishing (A)
€358M
€844M
GVA — industry (B–E)
€1,453M
€3,445M
GVA — manufacturing (C)
€611M
€1,685M
GVA — construction (F)
€1,141M
€1,447M
GVA — wholesale/retail, transport, ICT (G–J)
€7,511M
€6,139M
Net disposable household income per capita (NUTS-2 source) ·N2
€15,300
€14,700
GDP per capita in PPS (purchasing-power adjusted)
27,400 PPS
23,900 PPS
GDP per capita (current prices, EUR)
€24,500
€21,300
Gross fixed capital formation — investment (total economy) ·N2
€8,461M
€38,703M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€298M
€2,996M
Compensation of employees (total wage bill) ·N2
€28,532M
€98,864M
GVA — finance, real estate & professional (K–N)
€5,816M
€5,848M
GVA — public admin, health & education (O–U)
€5,669M
€6,718M
Real GDP (constant 2020 prices, incl. short-term forecast)
€22,204M
€24,638M
Labour productivity per person employed (EUR)
€65,034
€67,873
Gross fixed capital formation, NUTS-3 (ARDECO)
€4,147M
€5,897M
Labour market
Employment, total persons
385,400
423,100
Self-employed persons
60,900
64,200
Employment in manufacturing (C)
12,500
29,900
Activity rate, 15–64 (NUTS-2 source) ·N2
73.1%
71.4%
Youth unemployment rate (15–24) ·N2
29.5%
32.7%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
13.5%
15.2%
Labour force aged 15+ (ARDECO)
503,300
613,300
Business demography
Active enterprises (business economy, all sizes)
68,658
69,086
Enterprise births
7,157
6,848
Enterprise deaths
6,105
5,958
3-year enterprise survival rate
4.4%
4.5%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.6%
1.1%
Employment in high-tech sectors (% of total) ·N2
2.1%
3.0%
R&D personnel (% of active population, FTE) ·N2
0.4%
0.8%
Education
Tertiary education attainment, age 25–64 ·N2
36.3%
36.7%
Tertiary attainment, age 25–34 (young talent pool) ·N2
43.7%
45.4%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
13.1%
13.7%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
17.6%
21.4%
Scientists & engineers (% of labour force) ·N2
5.8%
5.7%
Digital
Households with internet access ·N2
97.3%
96.5%
Tourism
Nights spent at tourist accommodation (total)
35,774,106
11,137,847
Mobility
Passenger cars per 1,000 inhabitants ·N2
609 /1k
535 /1k
Road freight loaded (annual, thousand tonnes)
18,756 kt
26,508 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
3,836
36
Motorway density (km per 1,000 km²) ·N2
39 km/1000km²
31 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
397
3
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
27
66
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
2
3
Demography
Population aged 15–64 (working age)
677,930
849,694
Population aged 65+
180,037
242,742
Population aged under 15
108,502
168,984
Median age of population
45.8 yrs
45.4 yrs
Old-age dependency ratio (65+ / 15–64)
26.6%
28.6%
Crude rate of total population change
7.6 /1k
2.1 /1k
Crude rate of net migration plus adjustment
10.6 /1k
4.2 /1k
Crude birth rate
5.0 /1k
6.3 /1k
Crude death rate
8.0 /1k
8.4 /1k
Live births
4,813
7,992
Deaths
7,733
10,597
Total age-dependency ratio (young+old / 15-64)
42.6%
48.5%
Total fertility rate (births per woman)
0.78
1.11
Population density (persons per km²)
474 /km²
172 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
1,165,050
941,850
Social
At risk of poverty or social exclusion (AROPE) ·N2
31.2%
34.7%
Life expectancy at birth ·N2
82.9 yrs
82.9 yrs
At-risk-of-poverty rate (regional) ·N2
22.9%
27.7%
Health
Hospital beds per 100k inhabitants ·N2
290 /100k
217 /100k
Mortality, all causes (age-standardised rate) ·N2
826 /100k
972 /100k
Cancer mortality (age-standardised rate) ·N2
214 /100k
217 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.8 /100k
0.9 /100k
Robberies per 100k inhabitants
88.1 /100k
58.5 /100k
Burglaries per 100k inhabitants
210 /100k
211 /100k
Thefts per 100k inhabitants
509 /100k
280 /100k
Road traffic deaths per million inhabitants ·N2
31 /M
41 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.14
1.14
Regulatory quality, WGI score -2.5..2.5 (country)
0.84
0.84
Rule of law, WGI score -2.5..2.5 (country)
0.96
0.96
Control of corruption, WGI score -2.5..2.5 (country)
0.78
0.78
Political stability & absence of violence, WGI score (country)
0.16
0.16
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.106/kWh
€0.106/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.048/kWh
€0.048/kWh
Climate
Elevation at region centroid (Copernicus DEM)
2,541 m
66 m
Hot days ≥30°C (avg per year)
1 days/yr
73 days/yr
Frost days ≤0°C (avg per year)
82 days/yr
0 days/yr
Heavy-precipitation days ≥20mm (avg per year)
6 days/yr
7 days/yr