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NO060 · BE332

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NUTS-3 NO060 · Norway
Population
486,8152025
GDP
€26,143M2021
Unemployment· NUTS-2 source
4.7%2025
Employment· NUTS-2 source
78.6%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
42,094.3 km²
NUTS-3 BE332 · Belgium
Population
637,2202025
GDP
€26,435M2024
Unemployment· NUTS-2 source
7.2%2025
Employment· NUTS-2 source
66%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
797.2 km²

Decision brief

Download brief (PDF)mandate-neutral · ranked by overall opportunity

Best overall fit: Arr. Liège (Opportunity 69). Runner-up: Trøndelag/Trööndelage (49). Contrarian pick: Trøndelag/Trööndelage — leads the set on Energy cost (EU pctl 100).

Strengths
Talent & skills (79) · Connectivity (78)
Red flags
Labour market (EU bottom 15%)
Strengths
Energy cost (100) · Digital readiness (97)
No red flags
Why you might not pick Arr. Liège
Labour market (EU bottom 15%). Its weakest dimension is Labour market (EU pctl 6) — Trøndelag/Trööndelage may suit a mandate that weights that higher.
How robust is this recommendation?
Arr. Liège 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
49.0
69.3
Resilience Indexdiversification, stability, buffers
64.3
50.5
Quality of Lifeprosperity, health, safety, environment
73.9
46.3
Clean AirPM2.5 / PM10 / NO₂ inverted
64.0
66.3
Connectivitytransit + air + market access
57.0
78.0
Talent & Human Capitalskills, learning, knowledge workers
92.0
79.3
Growth Momentumrecent GDP / employment trajectory
22.2
51.0

Trajectories · 2012–latest

Real GDP (2020 prices)
2.1% 5y
2.8% 5y
Population
0.8% 5y
0.3% 5y
Unemployment rate
5.5% 5y
1.6% 5y

Derived comparisons

GDP per capita
€53,702
€41,485
Population density
12 /km²
799 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only

All indicators · 86 metrics (Eurostat, all-EU)

Economy
Gross value added, total (current prices)
€23,547M
€23,928M
GVA — agriculture, forestry & fishing (A)
€858M
€54M
GVA — industry (B–E)
€3,380M
€3,703M
GVA — manufacturing (C)
€1,974M
€2,839M
GVA — construction (F)
€1,926M
€1,352M
GVA — wholesale/retail, transport, ICT (G–J)
€3,898M
€4,916M
Net disposable household income per capita (NUTS-2 source) ·N2
€26,500
€25,600
GDP per capita in PPS (purchasing-power adjusted)
39,900 PPS
37,000 PPS
GDP per capita (current prices, EUR)
€55,300
€41,600
Gross fixed capital formation — investment (total economy) ·N2
€6,831M
€8,523M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€515M
€941M
Compensation of employees (total wage bill) ·N2
€13,207M
€22,375M
GVA — real estate activities (L)
€1,934M
€2,533M
GVA — information & communication (J)
€974M
€677M
GVA — finance, real estate & professional (K–N)
€5,563M
€6,186M
GVA — public admin, health & education (O–U)
€7,922M
€7,716M
Real GDP (constant 2020 prices, incl. short-term forecast)
€30,460M
€22,504M
Labour productivity per person employed (EUR)
€110,616
€107,319
Gross fixed capital formation, NUTS-3 (ARDECO)
€8,490M
€5,469M
Labour market
Employment, total persons
245,000
254,100
Self-employed persons
34,900
Employment in manufacturing (C)
19,000
21,400
Activity rate, 15–64 (NUTS-2 source) ·N2
79.6%
65.6%
Youth unemployment rate (15–24) ·N2
14.4%
22.8%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
4.7%
7.2%
Labour force aged 15+ (ARDECO)
265,700
266,700
Innovation & R&D
R&D expenditure as % of GDP ·N2
4.8%
2.5%
Employment in high-tech sectors (% of total) ·N2
5.4%
4.4%
R&D personnel (% of active population, FTE) ·N2
3.2%
1.5%
Education
Tertiary education attainment, age 25–64 ·N2
49.6%
41.8%
Tertiary attainment, age 25–34 (young talent pool) ·N2
53.7%
47.0%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
22.3%
15.2%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
33.8%
29.9%
Scientists & engineers (% of labour force) ·N2
13.7%
11.1%
Digital
Households with internet access ·N2
99.6%
94.1%
Tourism
Nights spent at tourist accommodation (total)
3,049,214
798,850
Mobility
Passenger cars per 1,000 inhabitants ·N2
507 /1k
497 /1k
Road freight loaded (annual, thousand tonnes)
25,833 kt
10,014 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
8,139
3,917
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1,672
615
Motorway density (km per 1,000 km²) ·N2
1 km/1000km²
69 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
47
35
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
4
Demography
Population aged 15–64 (working age)
315,187
406,187
Population aged 65+
93,998
127,493
Population aged under 15
77,630
103,540
Median age of population
40.1 yrs
41.2 yrs
Old-age dependency ratio (65+ / 15–64)
29.8%
31.4%
Crude rate of total population change
8.0 /1k
5.4 /1k
Crude rate of net migration plus adjustment
6.3 /1k
6.7 /1k
Crude birth rate
9.7 /1k
9.1 /1k
Crude death rate
8.0 /1k
10.5 /1k
Live births
4,680
5,805
Deaths
3,886
6,671
Total age-dependency ratio (young+old / 15-64)
54.5%
56.9%
Total fertility rate (births per woman)
1.43
1.40
Population density (persons per km²)
12 /km²
809 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
686,499
656,992
Social
At risk of poverty or social exclusion (AROPE) ·N2
17.1%
19.6%
Life expectancy at birth ·N2
83.4 yrs
80.7 yrs
At-risk-of-poverty rate (regional) ·N2
11.5%
14.6%
Health
Hospital beds per 100k inhabitants ·N2
332 /100k
558 /100k
Mortality, all causes (age-standardised rate) ·N2
818 /100k
1,052 /100k
Cancer mortality (age-standardised rate) ·N2
202 /100k
236 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.4 /100k
1.6 /100k
Robberies per 100k inhabitants
15.7 /100k
261 /100k
Burglaries per 100k inhabitants
736 /100k
Thefts per 100k inhabitants
1,833 /100k
2,373 /100k
Road traffic deaths per million inhabitants ·N2
12 /M
51 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.82
1.31
Regulatory quality, WGI score -2.5..2.5 (country)
1.57
1.41
Rule of law, WGI score -2.5..2.5 (country)
1.94
1.34
Control of corruption, WGI score -2.5..2.5 (country)
2.03
1.58
Political stability & absence of violence, WGI score (country)
0.92
0.25
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.064/kWh
€0.130/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.046/kWh
Housing market
Dwelling price per m² (NOK, all types, Statistics Norway)
45,219 NOK/m²
Climate
Elevation at region centroid (Copernicus DEM)
367 m
135 m
Hot days ≥30°C (avg per year)
0 days/yr
6 days/yr
Frost days ≤0°C (avg per year)
165 days/yr
42 days/yr
Heavy-precipitation days ≥20mm (avg per year)
11 days/yr
3 days/yr