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SE121 · NO060

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NUTS-3 SE121 · Sweden
Population
407,9122025
GDP
€20,916M2024
Unemployment· NUTS-2 source
9.4%2025
Employment· NUTS-2 source
79.6%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
8,648.4 km²
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

Decision brief

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

Best overall fit: Uppsala län (Opportunity 58). Runner-up: Trøndelag/Trööndelage (49). Contrarian pick: Trøndelag/Trööndelage — leads the set on Energy cost (EU pctl 100).

Strengths
Energy cost (97) · Demographic outlook (95)
No red flags
Strengths
Energy cost (100) · Digital readiness (97)
No red flags
Why you might not pick Uppsala län
Its weakest dimension is Industrial base (EU pctl 26) — Trøndelag/Trööndelage may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: LogisticsTrøndelag/Trööndelage · ManufacturingUppsala län · OfficeTrøndelag/Trööndelage · ResidentialUppsala län.
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
57.6
49.0
Resilience Indexdiversification, stability, buffers
54.8
64.3
Quality of Lifeprosperity, health, safety, environment
59.1
73.9
Clean AirPM2.5 / PM10 / NO₂ inverted
81.7
64.0
Connectivitytransit + air + market access
35.3
57.0
Talent & Human Capitalskills, learning, knowledge workers
92.5
92.0
Growth Momentumrecent GDP / employment trajectory
48.2
22.2

Trajectories · 2012–latest

Real GDP (2020 prices)
2.8% 5y
2.1% 5y
Population
1.2% 5y
0.8% 5y
Unemployment rate
1.6% 5y
5.5% 5y

Derived comparisons

GDP per capita
€51,277
€53,702
Population density
47 /km²
12 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only

All indicators · 91 metrics (Eurostat, all-EU)

Economy
Gross value added, total (current prices)
€18,732M
€23,547M
GVA — agriculture, forestry & fishing (A)
€344M
€858M
GVA — industry (B–E)
€2,933M
€3,380M
GVA — manufacturing (C)
€2,167M
€1,974M
GVA — construction (F)
€1,063M
€1,926M
GVA — wholesale/retail, transport, ICT (G–J)
€2,694M
€3,898M
Net disposable household income per capita (NUTS-2 source) ·N2
€22,200
€26,500
GDP per capita in PPS (purchasing-power adjusted)
43,200 PPS
39,900 PPS
GDP per capita (current prices, EUR)
€51,200
€55,300
Gross fixed capital formation — investment (total economy) ·N2
€19,140M
€6,831M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€3,614M
€515M
Compensation of employees (total wage bill) ·N2
€37,294M
€13,207M
GVA — real estate activities (L)
€1,134M
€1,934M
GVA — information & communication (J)
€649M
€974M
GVA — finance, real estate & professional (K–N)
€7,098M
€5,563M
GVA — public admin, health & education (O–U)
€4,600M
€7,922M
Real GDP (constant 2020 prices, incl. short-term forecast)
€19,497M
€30,460M
Labour productivity per person employed (EUR)
€113,889
€110,616
Gross fixed capital formation, NUTS-3 (ARDECO)
€5,424M
€8,490M
Labour market
Employment, total persons
195,390
245,000
Self-employed persons
11,100
Employment in manufacturing (C)
13,400
19,000
Activity rate, 15–64 (NUTS-2 source) ·N2
82.3%
79.6%
Youth unemployment rate (15–24) ·N2
28.1%
14.4%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
9.4%
4.7%
Labour force aged 15+ (ARDECO)
225,100
265,700
Business demography
Active enterprises (business economy, all sizes)
29,793
Enterprise births
2,528
Enterprise deaths
2,028
3-year enterprise survival rate
5.2%
Innovation & R&D
R&D expenditure as % of GDP ·N2
4.4%
4.8%
Employment in high-tech sectors (% of total) ·N2
6.2%
5.4%
R&D personnel (% of active population, FTE) ·N2
2.5%
3.2%
Education
Tertiary education attainment, age 25–64 ·N2
46.6%
49.6%
Tertiary attainment, age 25–34 (young talent pool) ·N2
50.5%
53.7%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
38.4%
22.3%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
33.0%
33.8%
Scientists & engineers (% of labour force) ·N2
13.7%
13.7%
Digital
Households with internet access ·N2
94.0%
99.6%
Tourism
Nights spent at tourist accommodation (total)
1,201,527
3,049,214
Mobility
Passenger cars per 1,000 inhabitants ·N2
474 /1k
507 /1k
Road freight loaded (annual, thousand tonnes)
14,429 kt
25,833 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
6
8,139
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
2
1,672
Motorway density (km per 1,000 km²) ·N2
16 km/1000km²
1 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
46
47
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)
261,163
315,187
Population aged 65+
77,883
93,998
Population aged under 15
68,866
77,630
Median age of population
38.5 yrs
40.1 yrs
Old-age dependency ratio (65+ / 15–64)
29.8%
29.8%
Crude rate of total population change
8.2 /1k
8.0 /1k
Crude rate of net migration plus adjustment
6.3 /1k
6.3 /1k
Crude birth rate
9.5 /1k
9.7 /1k
Crude death rate
7.6 /1k
8.0 /1k
Live births
3,845
4,680
Deaths
3,090
3,886
Total age-dependency ratio (young+old / 15-64)
56.2%
54.5%
Total fertility rate (births per woman)
1.33
1.43
Population density (persons per km²)
50 /km²
12 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
479,701
686,499
Social
At risk of poverty or social exclusion (AROPE) ·N2
20.7%
17.1%
Life expectancy at birth ·N2
83.7 yrs
83.4 yrs
At-risk-of-poverty rate (regional) ·N2
17.4%
11.5%
Health
Hospital beds per 100k inhabitants ·N2
185 /100k
332 /100k
Mortality, all causes (age-standardised rate) ·N2
859 /100k
818 /100k
Cancer mortality (age-standardised rate) ·N2
207 /100k
202 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.4 /100k
Robberies per 100k inhabitants
36.3 /100k
15.7 /100k
Burglaries per 100k inhabitants
531 /100k
Thefts per 100k inhabitants
2,399 /100k
1,833 /100k
Road traffic deaths per million inhabitants ·N2
23 /M
12 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.91
1.82
Regulatory quality, WGI score -2.5..2.5 (country)
1.62
1.57
Rule of law, WGI score -2.5..2.5 (country)
1.74
1.94
Control of corruption, WGI score -2.5..2.5 (country)
2.03
2.03
Political stability & absence of violence, WGI score (country)
0.94
0.92
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.085/kWh
€0.064/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.073/kWh
Housing market
Average sold price, tenant-owned flats (SEK thousands, Statistics Sweden)
2,320 kSEK
Dwelling price per m² (NOK, all types, Statistics Norway)
45,219 NOK/m²
Climate
Elevation at region centroid (Copernicus DEM)
37 m
367 m
Hot days ≥30°C (avg per year)
1 days/yr
0 days/yr
Frost days ≤0°C (avg per year)
120 days/yr
165 days/yr
Heavy-precipitation days ≥20mm (avg per year)
2 days/yr
11 days/yr