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NO081 · IE062

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NUTS-3 NO081 · Norway
Population
724,2902025
GDP
€70,970M2021
Unemployment· NUTS-2 source
5%2025
Employment· NUTS-2 source
80.3%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
456.2 km²
NUTS-3 IE062 · Ireland
Population
787,2872025
GDP
€42,463M2024
Unemployment· NUTS-2 source
4.9%2025
Employment· NUTS-2 source
80.7%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
6,895.5 km²

Decision brief

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

Best overall fit: Mid-East (Opportunity 77). Runner-up: Oslo (56). Contrarian pick: Oslo — leads the set on Energy cost (EU pctl 100).

Strengths
Demographic outlook (97) · Industrial base (94)
Red flags
Energy cost (EU bottom 15%)
Strengths
Energy cost (100) · Economic base (97)
Red flags
Industrial base (EU bottom 15%)
Why you might not pick Mid-East
Energy cost (EU bottom 15%). Its weakest dimension is Energy cost (EU pctl 1) — Oslo may suit a mandate that weights that higher.
How robust is this recommendation?
Mid-East 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
56.3
77.2
Resilience Indexdiversification, stability, buffers
52.5
34.3
Quality of Lifeprosperity, health, safety, environment
66.4
62.8
Clean AirPM2.5 / PM10 / NO₂ inverted
28.7
Connectivitytransit + air + market access
48.0
57.3
Talent & Human Capitalskills, learning, knowledge workers
95.3
93.0
Growth Momentumrecent GDP / employment trajectory
29.6
87.0

Trajectories · 2012–latest

Real GDP (2020 prices)
1.8% 5y
6.3% 5y
Population
0.9% 5y
1.1% 5y
Unemployment rate
0.4% 5y
0.8% 5y

Derived comparisons

GDP per capita
€97,985
€53,935
Population density
1,588 /km²
114 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only

All indicators · 90 metrics (Eurostat, all-EU)

Economy
Gross value added, total (current prices)
€63,921M
€40,432M
GVA — agriculture, forestry & fishing (A)
€844M
GVA — industry (B–E)
€14,896M
GVA — manufacturing (C)
€1,571M
€14,361M
GVA — construction (F)
€3,526M
€2,336M
GVA — wholesale/retail, transport, ICT (G–J)
€15,724M
€7,682M
Net disposable household income per capita (NUTS-2 source) ·N2
€28,600
€28,100
GDP per capita in PPS (purchasing-power adjusted)
73,400 PPS
45,800 PPS
GDP per capita (current prices, EUR)
€101,700
€54,100
Gross fixed capital formation — investment (total economy) ·N2
€27,753M
€79,048M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€831M
€19,258M
Compensation of employees (total wage bill) ·N2
€65,746M
€82,802M
GVA — real estate activities (L)
€6,676M
€2,587M
GVA — information & communication (J)
€7,027M
€2,155M
GVA — finance, real estate & professional (K–N)
€24,581M
€8,716M
GVA — public admin, health & education (O–U)
€17,127M
€5,958M
Real GDP (constant 2020 prices, incl. short-term forecast)
€82,689M
€40,223M
Labour productivity per person employed (EUR)
€148,334
€145,800
Gross fixed capital formation, NUTS-3 (ARDECO)
€18,446M
€10,878M
Labour market
Employment, total persons
496,000
324,030
Self-employed persons
47,870
Employment in manufacturing (C)
12,000
37,800
Activity rate, 15–64 (NUTS-2 source) ·N2
81.4%
79.0%
Youth unemployment rate (15–24) ·N2
15.6%
12.5%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
4.9%
4.9%
Labour force aged 15+ (ARDECO)
437,700
427,000
Business demography
Active enterprises (business economy, all sizes)
53,611
Enterprise births
6,590
Enterprise deaths
7,418
3-year enterprise survival rate
5.3%
Innovation & R&D
R&D expenditure as % of GDP ·N2
2.9%
2.1%
Employment in high-tech sectors (% of total) ·N2
7.8%
11.6%
R&D personnel (% of active population, FTE) ·N2
2.3%
1.6%
Education
Tertiary education attainment, age 25–64 ·N2
56.5%
63.0%
Tertiary attainment, age 25–34 (young talent pool) ·N2
63.5%
70.4%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
21.7%
16.1%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
37.5%
36.9%
Scientists & engineers (% of labour force) ·N2
13.8%
14.4%
Digital
Households with internet access ·N2
99.0%
96.5%
Tourism
Nights spent at tourist accommodation (total)
6,929,404
2,547,284
Mobility
Passenger cars per 1,000 inhabitants ·N2
494 /1k
426 /1k
Road freight loaded (annual, thousand tonnes)
24,541 kt
20,168 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
1,872
1,891
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
259
240
Motorway density (km per 1,000 km²) ·N2
12 km/1000km²
34 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
31
35
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
2
1
Demography
Population aged 15–64 (working age)
517,246
517,246
Population aged 65+
96,968
112,725
Population aged under 15
110,076
157,316
Median age of population
36.4 yrs
39.3 yrs
Old-age dependency ratio (65+ / 15–64)
18.7%
21.8%
Crude rate of total population change
9.1 /1k
6.2 /1k
Crude rate of net migration plus adjustment
2.0 /1k
0.9 /1k
Crude birth rate
12.6 /1k
10.8 /1k
Crude death rate
5.5 /1k
5.6 /1k
Live births
9,117
8,499
Deaths
3,944
4,382
Total age-dependency ratio (young+old / 15-64)
40.0%
52.2%
Total fertility rate (births per woman)
1.33
1.80
Population density (persons per km²)
115 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
970,272
Social
At risk of poverty or social exclusion (AROPE) ·N2
15.3%
17.1%
Life expectancy at birth ·N2
83.4 yrs
83.2 yrs
At-risk-of-poverty rate (regional) ·N2
10.8%
10.4%
Health
Hospital beds per 100k inhabitants ·N2
324 /100k
319 /100k
Mortality, all causes (age-standardised rate) ·N2
823 /100k
907 /100k
Cancer mortality (age-standardised rate) ·N2
206 /100k
240 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.4 /100k
0.8 /100k
Robberies per 100k inhabitants
74.0 /100k
18.4 /100k
Burglaries per 100k inhabitants
193 /100k
Thefts per 100k inhabitants
4,135 /100k
1,175 /100k
Road traffic deaths per million inhabitants ·N2
15 /M
22 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.82
1.71
Regulatory quality, WGI score -2.5..2.5 (country)
1.57
1.77
Rule of law, WGI score -2.5..2.5 (country)
1.94
1.50
Control of corruption, WGI score -2.5..2.5 (country)
2.03
1.65
Political stability & absence of violence, WGI score (country)
0.92
0.81
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.064/kWh
€0.212/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.057/kWh
Housing market
Dwelling price per m² (NOK, all types, Statistics Norway)
98,381 NOK/m²
Climate
Elevation at region centroid (Copernicus DEM)
176 m
79 m
Hot days ≥30°C (avg per year)
0 days/yr
0 days/yr
Frost days ≤0°C (avg per year)
137 days/yr
23 days/yr
Heavy-precipitation days ≥20mm (avg per year)
9 days/yr
3 days/yr