NUTS-3 ITC20 · Italy
Population
122,5322025
GDP
€5,802M2023
Unemployment· NUTS-2 source
3.9%2025
Employment· NUTS-2 source
77.8%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
3,265.5 km²
TerraSight · Compare
2 regions side-by-side
ITC20 · AT212
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Valle d’Aosta/Vallée d’Aoste (Opportunity 48). Runner-up: Oberkärnten (46). Contrarian pick: Oberkärnten — leads the set on Air quality (EU pctl 80).
Strengths
Economic base (88) · Digital readiness (64)
Red flags
Freight intensity (EU bottom 15%)
Industrial base (EU bottom 15%)
Long-run slide: down 14 EU ranks in real GDP per head since 1995 (relative decline, not absolute)
Strengths
Air quality (80) · Freight intensity (68)
Red flags
Cost advantage (EU bottom 15%)
Digital readiness (EU bottom 15%)
Why you might not pick Valle d’Aosta/Vallée d’Aoste
Freight intensity (EU bottom 15%); Industrial base (EU bottom 15%); Long-run slide: down 14 EU ranks in real GDP per head since 1995 (relative decline, not absolute). Its weakest dimension is Industrial base (EU pctl 10) — Oberkärnten may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Valle d’Aosta/Vallée d’Aoste · Manufacturing → Oberkärnten · Office → Valle d’Aosta/Vallée d’Aoste · Residential → Valle d’Aosta/Vallée d’Aoste.
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
47.8
46.0
Resilience Indexdiversification, stability, buffers
39.8
60.3
Quality of Lifeprosperity, health, safety, environment
46.2
57.1
Clean AirPM2.5 / PM10 / NO₂ inverted
34.7
80.0
Connectivitytransit + air + market access
40.7
26.3
Talent & Human Capitalskills, learning, knowledge workers
15.3
60.0
Growth Momentumrecent GDP / employment trajectory
44.0
56.8
Trajectories · 2012–latest
Real GDP (2020 prices)
2.8% 5y
3.0% 5y
Population
0.4% 5y
0.0% 5y
Unemployment rate
7.6% 5y
0.4% 5y
Derived comparisons
GDP per capita
€47,349
€40,485
Population density
38 /km²
30 /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)
€5,212M
€4,499M
GVA — agriculture, forestry & fishing (A)
€72M
€142M
GVA — industry (B–E)
€804M
€1,388M
GVA — manufacturing (C)
€334M
€608M
GVA — construction (F)
€383M
€495M
GVA — wholesale/retail, transport, ICT (G–J)
€1,175M
€976M
Net disposable household income per capita (NUTS-2 source) ·N2
€23,400
€30,100
GDP per capita in PPS (purchasing-power adjusted)
48,900 PPS
35,800 PPS
GDP per capita (current prices, EUR)
€47,200
€40,400
Gross fixed capital formation — investment (total economy) ·N2
€1,600M
€7,146M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€282M
€1,987M
Compensation of employees (total wage bill) ·N2
€1,925M
€12,640M
GVA — real estate activities (L)
€848M
—
GVA — information & communication (J)
€90M
—
GVA — finance, real estate & professional (K–N)
€1,442M
€761M
GVA — public admin, health & education (O–U)
€1,337M
€737M
Real GDP (constant 2020 prices, incl. short-term forecast)
€5,091M
€4,140M
Labour productivity per person employed (EUR)
€94,193
€100,577
Gross fixed capital formation, NUTS-3 (ARDECO)
€1,624M
€1,293M
Labour market
Employment, total persons
62,800
51,700
Self-employed persons
16,100
10,100
Employment in manufacturing (C)
4,600
6,900
Activity rate, 15–64 (NUTS-2 source) ·N2
74.9%
77.6%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
3.9%
4.7%
Labour force aged 15+ (ARDECO)
59,400
59,000
Business demography
Active enterprises (business economy, all sizes)
11,436
7,966
Enterprise births
830
484
Enterprise deaths
614
371
3-year enterprise survival rate
3.3%
2.2%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.5%
3.2%
Employment in high-tech sectors (% of total) ·N2
—
5.7%
R&D personnel (% of active population, FTE) ·N2
0.8%
1.7%
Education
Tertiary education attainment, age 25–64 ·N2
21.0%
36.0%
Tertiary attainment, age 25–34 (young talent pool) ·N2
29.0%
42.8%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
10.0%
14.8%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
14.6%
23.5%
Scientists & engineers (% of labour force) ·N2
3.0%
9.0%
Digital
Households with internet access ·N2
96.2%
89.4%
Tourism
Nights spent at tourist accommodation (total)
4,519,068
5,629,049
Mobility
Passenger cars per 1,000 inhabitants ·N2
1,936 /1k
661 /1k
Road freight loaded (annual, thousand tonnes)
1,473 kt
4,566 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
13
3
Motorway density (km per 1,000 km²) ·N2
35 km/1000km²
26 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
11
2
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
63
71
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)
76,944
75,893
Population aged 65+
31,650
31,783
Population aged under 15
13,938
15,921
Median age of population
50.5 yrs
49.5 yrs
Old-age dependency ratio (65+ / 15–64)
41.1%
41.9%
Crude rate of total population change
-2.8 /1k
-1.4 /1k
Crude rate of net migration plus adjustment
3.6 /1k
3.3 /1k
Crude birth rate
5.2 /1k
7.0 /1k
Crude death rate
11.6 /1k
11.7 /1k
Live births
639
871
Deaths
1,429
1,451
Total age-dependency ratio (young+old / 15-64)
59.2%
62.9%
Total fertility rate (births per woman)
1.05
1.36
Population density (persons per km²)
38 /km²
30 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
105,175
92,312
Social
At risk of poverty or social exclusion (AROPE) ·N2
5.6%
21.2%
Life expectancy at birth ·N2
83.2 yrs
82.3 yrs
At-risk-of-poverty rate (regional) ·N2
5.0%
19.8%
Health
Hospital beds per 100k inhabitants ·N2
362 /100k
768 /100k
Mortality, all causes (age-standardised rate) ·N2
883 /100k
953 /100k
Cancer mortality (age-standardised rate) ·N2
200 /100k
221 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.8 /100k
0.0 /100k
Robberies per 100k inhabitants
19.5 /100k
4.8 /100k
Burglaries per 100k inhabitants
—
120 /100k
Thefts per 100k inhabitants
553 /100k
545 /100k
Road traffic deaths per million inhabitants ·N2
57 /M
53 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.72
1.74
Regulatory quality, WGI score -2.5..2.5 (country)
0.60
1.40
Rule of law, WGI score -2.5..2.5 (country)
0.57
1.64
Control of corruption, WGI score -2.5..2.5 (country)
0.57
1.37
Political stability & absence of violence, WGI score (country)
0.41
0.60
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.159/kWh
€0.156/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.048/kWh
€0.049/kWh
Climate
Elevation at region centroid (Copernicus DEM)
552 m
1,041 m
Hot days ≥30°C (avg per year)
23 days/yr
0 days/yr
Frost days ≤0°C (avg per year)
49 days/yr
132 days/yr
Heavy-precipitation days ≥20mm (avg per year)
15 days/yr
14 days/yr