NUTS-3 NO0A2 · Norway
Population
655,2102025
GDP
€36,516M2021
Unemployment· NUTS-2 source
4.1%2025
Employment· NUTS-2 source
81.6%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
33,578.5 km²
TerraSight · Compare
2 regions side-by-side
NO0A2 · BE241
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Arr. Halle-Vilvoorde (Opportunity 77). Runner-up: Vestland (55). Contrarian pick: Vestland — leads the set on Energy cost (EU pctl 100).
Strengths
Economic base (93) · Talent & skills (93)
Red flags
Cost advantage (EU bottom 15%)
Industrial base (EU bottom 15%)
Why you might not pick Arr. Halle-Vilvoorde
Cost advantage (EU bottom 15%); Industrial base (EU bottom 15%). Its weakest dimension is Cost advantage (EU pctl 2) — Vestland may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Vestland · Manufacturing → Vestland · Office → Arr. Halle-Vilvoorde · Residential → Arr. Halle-Vilvoorde.
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
54.8
77.4
Resilience Indexdiversification, stability, buffers
62.5
56.8
Quality of Lifeprosperity, health, safety, environment
76.9
68.3
Clean AirPM2.5 / PM10 / NO₂ inverted
75.7
46.0
Connectivitytransit + air + market access
44.7
77.3
Talent & Human Capitalskills, learning, knowledge workers
88.8
93.0
Growth Momentumrecent GDP / employment trajectory
32.2
53.4
Trajectories · 2012–latest
Real GDP (2020 prices)
2.5% 5y
4.1% 5y
Population
0.6% 5y
0.9% 5y
Unemployment rate
1.9% 5y
7.7% 5y
Derived comparisons
GDP per capita
€55,732
€62,739
Population density
20 /km²
707 /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)
€32,889M
€38,319M
GVA — agriculture, forestry & fishing (A)
€965M
€98M
GVA — industry (B–E)
€7,079M
€2,826M
GVA — manufacturing (C)
€3,210M
€2,417M
GVA — construction (F)
€2,496M
€1,665M
GVA — wholesale/retail, transport, ICT (G–J)
€5,361M
€16,236M
Net disposable household income per capita (NUTS-2 source) ·N2
€27,200
€32,200
GDP per capita in PPS (purchasing-power adjusted)
41,200 PPS
56,100 PPS
GDP per capita (current prices, EUR)
€57,100
€62,900
Gross fixed capital formation — investment (total economy) ·N2
€17,795M
€16,879M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€1,330M
€800M
Compensation of employees (total wage bill) ·N2
€42,790M
€32,835M
GVA — real estate activities (L)
€2,656M
€3,608M
GVA — information & communication (J)
€973M
€3,230M
GVA — finance, real estate & professional (K–N)
€6,727M
€13,110M
GVA — public admin, health & education (O–U)
€10,261M
€4,384M
Real GDP (constant 2020 prices, incl. short-term forecast)
€42,546M
€36,776M
Labour productivity per person employed (EUR)
€113,185
€142,167
Gross fixed capital formation, NUTS-3 (ARDECO)
€9,803M
€10,967M
Labour market
Employment, total persons
334,000
307,100
Self-employed persons
—
59,000
Employment in manufacturing (C)
30,000
16,400
Activity rate, 15–64 (NUTS-2 source) ·N2
81.6%
74.4%
Youth unemployment rate (15–24) ·N2
13.6%
19.7%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
4.0%
5.5%
Labour force aged 15+ (ARDECO)
360,600
318,200
Innovation & R&D
R&D expenditure as % of GDP ·N2
2.0%
5.2%
Employment in high-tech sectors (% of total) ·N2
2.8%
7.4%
R&D personnel (% of active population, FTE) ·N2
1.4%
4.4%
Education
Tertiary education attainment, age 25–64 ·N2
49.2%
56.7%
Tertiary attainment, age 25–34 (young talent pool) ·N2
57.4%
57.8%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
22.0%
19.0%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
31.9%
39.9%
Scientists & engineers (% of labour force) ·N2
11.2%
13.4%
Digital
Households with internet access ·N2
98.5%
95.6%
Tourism
Nights spent at tourist accommodation (total)
6,242,248
1,501,796
Mobility
Passenger cars per 1,000 inhabitants ·N2
503 /1k
720 /1k
Road freight loaded (annual, thousand tonnes)
25,795 kt
9,498 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
12,318
2,891
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1,880
428
Motorway density (km per 1,000 km²) ·N2
1 km/1000km²
83 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
94
22
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)
422,374
422,385
Population aged 65+
124,620
131,701
Population aged under 15
108,216
120,686
Median age of population
40.3 yrs
41.8 yrs
Old-age dependency ratio (65+ / 15–64)
29.5%
31.2%
Crude rate of total population change
6.0 /1k
6.5 /1k
Crude rate of net migration plus adjustment
4.0 /1k
5.5 /1k
Crude birth rate
9.8 /1k
9.4 /1k
Crude death rate
7.8 /1k
8.4 /1k
Live births
6,379
6,304
Deaths
5,087
5,667
Total age-dependency ratio (young+old / 15-64)
55.1%
59.8%
Total fertility rate (births per woman)
1.48
1.59
Population density (persons per km²)
—
710 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
—
626,465
Social
At risk of poverty or social exclusion (AROPE) ·N2
13.2%
8.8%
Life expectancy at birth ·N2
83.6 yrs
83.9 yrs
At-risk-of-poverty rate (regional) ·N2
9.1%
5.8%
Health
Hospital beds per 100k inhabitants ·N2
289 /100k
376 /100k
Mortality, all causes (age-standardised rate) ·N2
795 /100k
810 /100k
Cancer mortality (age-standardised rate) ·N2
213 /100k
196 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.5 /100k
0.6 /100k
Robberies per 100k inhabitants
19.0 /100k
49.4 /100k
Burglaries per 100k inhabitants
—
472 /100k
Thefts per 100k inhabitants
1,579 /100k
1,061 /100k
Road traffic deaths per million inhabitants ·N2
11 /M
26 /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)
50,689 NOK/m²
—
Climate
Elevation at region centroid (Copernicus DEM)
965 m
33 m
Hot days ≥30°C (avg per year)
0 days/yr
6 days/yr
Frost days ≤0°C (avg per year)
213 days/yr
33 days/yr
Heavy-precipitation days ≥20mm (avg per year)
30 days/yr
2 days/yr