NUTS-3 PT119 · Portugal
Population
423,2552025
GDP
€9,356M2024
Unemployment· NUTS-2 source
6.3%2025
Employment· NUTS-2 source
78.2%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
1,449.5 km²
TerraSight · Compare
2 regions side-by-side
PT119 · PT191
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Região de Aveiro (Opportunity 53). Runner-up: Ave (48). Contrarian pick: Ave — leads the set on Cost advantage (EU pctl 80).
Strengths
Industrial base (93) · Energy cost (90)
Red flags
Digital readiness (EU bottom 15%)
#2Ave
Strengths
Industrial base (93) · Energy cost (90)
Red flags
Demographic outlook (EU bottom 15%)
Freight intensity (EU bottom 15%)
Digital readiness (EU bottom 15%)
Air quality (EU bottom 15%)
Why you might not pick Região de Aveiro
Digital readiness (EU bottom 15%). Its weakest dimension is Digital readiness (EU pctl 5) — Ave may suit a mandate that weights that higher.
How robust is this recommendation?
Região de Aveiro 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
47.5
52.5
Resilience Indexdiversification, stability, buffers
49.0
75.3
Quality of Lifeprosperity, health, safety, environment
37.8
44.0
Clean AirPM2.5 / PM10 / NO₂ inverted
7.0
45.0
Connectivitytransit + air + market access
31.0
27.3
Talent & Human Capitalskills, learning, knowledge workers
63.0
70.0
Growth Momentumrecent GDP / employment trajectory
67.2
80.0
Trajectories · 2012–latest
Real GDP (2020 prices)
2.8% 5y
—
Population
0.2% 5y
1.3% 5y
Unemployment rate
1.5% 5y
—
Derived comparisons
GDP per capita
€22,105
€25,397
Population density
292 /km²
233 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 87 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€8,136M
€8,663M
GVA — agriculture, forestry & fishing (A)
€81M
€193M
GVA — industry (B–E)
€3,080M
€3,111M
GVA — manufacturing (C)
€2,742M
€2,970M
GVA — construction (F)
€449M
€275M
GVA — wholesale/retail, transport, ICT (G–J)
€1,354M
€1,826M
Net disposable household income per capita (NUTS-2 source) ·N2
€13,800
€14,500
GDP per capita in PPS (purchasing-power adjusted)
26,900 PPS
31,200 PPS
GDP per capita (current prices, EUR)
€22,100
€25,600
Gross fixed capital formation — investment (total economy) ·N2
€16,004M
€7,092M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€3,831M
€2,154M
Compensation of employees (total wage bill) ·N2
€39,066M
€16,948M
GVA — real estate activities (L)
€632M
€753M
GVA — information & communication (J)
€80M
€198M
GVA — finance, real estate & professional (K–N)
€1,363M
€1,504M
GVA — public admin, health & education (O–U)
€1,247M
€1,314M
Real GDP (constant 2020 prices, incl. short-term forecast)
€7,953M
—
Labour productivity per person employed (EUR)
€48,860
—
Gross fixed capital formation, NUTS-3 (ARDECO)
€2,002M
—
Labour market
Employment, total persons
197,530
183,870
Self-employed persons
24,980
27,490
Employment in manufacturing (C)
74,560
59,440
Activity rate, 15–64 (NUTS-2 source) ·N2
77.8%
79.0%
Youth unemployment rate (15–24) ·N2
18.4%
19.0%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
6.3%
—
Labour force aged 15+ (ARDECO)
223,600
—
Business demography
Active enterprises (business economy, all sizes)
46,936
46,543
Enterprise births
6,250
7,097
Enterprise deaths
4,739
5,567
3-year enterprise survival rate
5.5%
4.9%
Innovation & R&D
R&D expenditure as % of GDP ·N2
2.0%
2.0%
Employment in high-tech sectors (% of total) ·N2
4.4%
4.2%
R&D personnel (% of active population, FTE) ·N2
1.6%
1.8%
Education
Tertiary education attainment, age 25–64 ·N2
29.8%
33.4%
Tertiary attainment, age 25–34 (young talent pool) ·N2
41.3%
46.4%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
15.7%
17.9%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
23.3%
23.5%
Scientists & engineers (% of labour force) ·N2
10.5%
10.4%
Digital
Households with internet access ·N2
88.8%
88.3%
Tourism
Nights spent at tourist accommodation (total)
735,138
1,190,260
Mobility
Road freight loaded (annual, thousand tonnes)
2,215 kt
7,334 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
31
44
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
7
11
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
53
66
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)
274,798
249,028
Population aged 65+
97,767
94,903
Population aged under 15
50,690
48,326
Median age of population
47.6 yrs
47.2 yrs
Old-age dependency ratio (65+ / 15–64)
35.6%
38.1%
Crude rate of total population change
9.6 /1k
12.0 /1k
Crude rate of net migration plus adjustment
11.5 /1k
15.3 /1k
Crude birth rate
7.1 /1k
7.1 /1k
Crude death rate
9.1 /1k
10.3 /1k
Live births
3,110
2,791
Deaths
3,960
4,072
Total age-dependency ratio (young+old / 15-64)
54.0%
57.5%
Total fertility rate (births per woman)
1.30
1.26
Population density (persons per km²)
292 /km²
236 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
226,706
—
Social
At risk of poverty or social exclusion (AROPE) ·N2
18.7%
19.9%
Life expectancy at birth ·N2
83.1 yrs
83.0 yrs
At-risk-of-poverty rate (regional) ·N2
15.6%
17.0%
Health
Hospital beds per 100k inhabitants ·N2
327 /100k
332 /100k
Mortality, all causes (age-standardised rate) ·N2
914 /100k
—
Cancer mortality (age-standardised rate) ·N2
207 /100k
209 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.2 /100k
0.8 /100k
Robberies per 100k inhabitants
30.8 /100k
37.7 /100k
Burglaries per 100k inhabitants
122 /100k
144 /100k
Thefts per 100k inhabitants
371 /100k
663 /100k
Road traffic deaths per million inhabitants ·N2
50 /M
80 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.02
—
Regulatory quality, WGI score -2.5..2.5 (country)
0.81
—
Rule of law, WGI score -2.5..2.5 (country)
1.13
—
Control of corruption, WGI score -2.5..2.5 (country)
0.79
—
Political stability & absence of violence, WGI score (country)
0.89
—
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.107/kWh
€0.107/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.045/kWh
€0.045/kWh
Climate
Elevation at region centroid (Copernicus DEM)
615 m
90 m
Hot days ≥30°C (avg per year)
11 days/yr
21 days/yr
Frost days ≤0°C (avg per year)
22 days/yr
4 days/yr
Heavy-precipitation days ≥20mm (avg per year)
33 days/yr
21 days/yr