NUTS-3 NO093 · Norway
Population
258,0712025
GDP
—
Unemployment· NUTS-2 source
4.6%2025
Employment· NUTS-2 source
75.5%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
2,152.5 km²
TerraSight · Compare
2 regions side-by-side
NO093 · AT315
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Traunviertel (Opportunity 51). Runner-up: Vestfold (42). Contrarian pick: Vestfold — leads the set on Energy cost (EU pctl 100).
Strengths
Industrial base (88) · Freight intensity (77)
Red flags
Cost advantage (EU bottom 15%)
Why you might not pick Traunviertel
Cost advantage (EU bottom 15%). Its weakest dimension is Cost advantage (EU pctl 6) — Vestfold may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Vestfold · Manufacturing → Traunviertel · Office → Vestfold · Residential → Vestfold.
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
41.6
51.4
Resilience Indexdiversification, stability, buffers
—
70.8
Quality of Lifeprosperity, health, safety, environment
69.7
62.9
Clean AirPM2.5 / PM10 / NO₂ inverted
73.0
75.3
Connectivitytransit + air + market access
66.7
35.7
Talent & Human Capitalskills, learning, knowledge workers
79.5
56.8
Growth Momentumrecent GDP / employment trajectory
42.0
29.8
Trajectories · 2012–latest
Real GDP (2020 prices)
—
0.3% 5y
Population
1.1% 5y
0.5% 5y
Unemployment rate
—
3.4% 5y
Derived comparisons
GDP per capita
—
€44,834
Population density
120 /km²
98 /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)
—
€9,882M
GVA — agriculture, forestry & fishing (A)
—
€214M
GVA — industry (B–E)
—
€3,232M
GVA — manufacturing (C)
—
€2,980M
GVA — construction (F)
—
€724M
GVA — wholesale/retail, transport, ICT (G–J)
—
€2,069M
Net disposable household income per capita (NUTS-2 source) ·N2
€25,500
€30,800
GDP per capita in PPS (purchasing-power adjusted)
—
39,900 PPS
GDP per capita (current prices, EUR)
—
€45,000
Gross fixed capital formation — investment (total economy) ·N2
€8,238M
€20,073M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€632M
€4,866M
Compensation of employees (total wage bill) ·N2
€17,442M
€40,429M
GVA — finance, real estate & professional (K–N)
—
€2,123M
GVA — public admin, health & education (O–U)
—
€1,520M
Real GDP (constant 2020 prices, incl. short-term forecast)
—
€9,539M
Labour productivity per person employed (EUR)
—
€102,380
Gross fixed capital formation, NUTS-3 (ARDECO)
—
€2,776M
Labour market
Employment, total persons
—
113,600
Self-employed persons
—
14,200
Employment in manufacturing (C)
—
31,700
Activity rate, 15–64 (NUTS-2 source) ·N2
76.6%
81.2%
Youth unemployment rate (15–24) ·N2
13.4%
11.5%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
—
4.6%
Labour force aged 15+ (ARDECO)
—
127,600
Business demography
Active enterprises (business economy, all sizes)
—
15,727
Enterprise births
—
948
Enterprise deaths
—
736
3-year enterprise survival rate
—
2.3%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.7%
3.5%
Employment in high-tech sectors (% of total) ·N2
3.2%
4.3%
R&D personnel (% of active population, FTE) ·N2
1.1%
2.0%
Education
Tertiary education attainment, age 25–64 ·N2
43.8%
34.7%
Tertiary attainment, age 25–34 (young talent pool) ·N2
50.6%
40.7%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
20.5%
14.7%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
29.1%
21.4%
Scientists & engineers (% of labour force) ·N2
9.7%
10.2%
Digital
Households with internet access ·N2
100.0%
94.9%
Tourism
Nights spent at tourist accommodation (total)
1,628,231
3,022,870
Mobility
Passenger cars per 1,000 inhabitants ·N2
533 /1k
645 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
3,242
12
Road freight loaded (annual, thousand tonnes)
7,576 kt
10,352 kt
Motorway density (km per 1,000 km²) ·N2
6 km/1000km²
26 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1,256
5
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
16
57
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
2
Demography
Population aged 15–64 (working age)
161,871
156,411
Population aged 65+
55,966
52,388
Population aged under 15
40,234
36,344
Median age of population
44.0 yrs
45.0 yrs
Old-age dependency ratio (65+ / 15–64)
34.6%
33.5%
Crude rate of total population change
6.4 /1k
1.5 /1k
Crude rate of net migration plus adjustment
6.8 /1k
2.7 /1k
Crude birth rate
8.4 /1k
8.4 /1k
Crude death rate
8.8 /1k
9.6 /1k
Live births
2,155
2,067
Deaths
2,268
2,356
Total age-dependency ratio (young+old / 15-64)
59.4%
56.7%
Total fertility rate (births per woman)
1.46
1.44
Population density (persons per km²)
—
103 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
—
207,944
Social
At risk of poverty or social exclusion (AROPE) ·N2
18.9%
13.6%
Life expectancy at birth ·N2
82.8 yrs
82.4 yrs
At-risk-of-poverty rate (regional) ·N2
13.5%
11.2%
Health
Hospital beds per 100k inhabitants ·N2
263 /100k
621 /100k
Mortality, all causes (age-standardised rate) ·N2
841 /100k
987 /100k
Cancer mortality (age-standardised rate) ·N2
218 /100k
218 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.0 /100k
0.0 /100k
Robberies per 100k inhabitants
28.5 /100k
7.3 /100k
Burglaries per 100k inhabitants
—
299 /100k
Thefts per 100k inhabitants
1,876 /100k
630 /100k
Road traffic deaths per million inhabitants ·N2
13 /M
47 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
—
1.74
Regulatory quality, WGI score -2.5..2.5 (country)
—
1.40
Rule of law, WGI score -2.5..2.5 (country)
—
1.64
Control of corruption, WGI score -2.5..2.5 (country)
—
1.37
Political stability & absence of violence, WGI score (country)
—
0.60
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.064/kWh
€0.156/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
—
€0.049/kWh
Housing market
Dwelling price per m² (NOK, all types, Statistics Norway)
39,491 NOK/m²
—
Climate
Elevation at region centroid (Copernicus DEM)
145 m
428 m
Hot days ≥30°C (avg per year)
0 days/yr
8 days/yr
Frost days ≤0°C (avg per year)
120 days/yr
75 days/yr
Heavy-precipitation days ≥20mm (avg per year)
12 days/yr
17 days/yr