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BE211 · NO0A2

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NUTS-3 BE211 · Belgium
Population
1,101,6872025
GDP
€67,610M2024
Unemployment· NUTS-2 source
4.3%2025
Employment· NUTS-2 source
76.2%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
993.1 km²
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

Decision brief

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

Best overall fit: Arr. Antwerpen (Opportunity 78). Runner-up: Vestland (55). Contrarian pick: Vestland — leads the set on Energy cost (EU pctl 100).

Strengths
Economic base (93) · Talent & skills (85)
Red flags
Cost advantage (EU bottom 15%)
Strengths
Energy cost (100) · Governance (95)
No red flags
Why you might not pick Arr. Antwerpen
Cost advantage (EU bottom 15%). Its weakest dimension is Cost advantage (EU pctl 14) — Vestland may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: LogisticsVestland · ManufacturingVestland · OfficeArr. Antwerpen · ResidentialArr. Antwerpen.
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
77.5
54.8
Resilience Indexdiversification, stability, buffers
62.3
62.5
Quality of Lifeprosperity, health, safety, environment
60.3
76.9
Clean AirPM2.5 / PM10 / NO₂ inverted
25.7
75.7
Connectivitytransit + air + market access
67.0
44.7
Talent & Human Capitalskills, learning, knowledge workers
84.5
88.8
Growth Momentumrecent GDP / employment trajectory
55.8
32.2

Trajectories · 2012–latest

Real GDP (2020 prices)
3.0% 5y
2.5% 5y
Population
0.8% 5y
0.6% 5y
Unemployment rate
1.5% 5y
1.9% 5y

Derived comparisons

GDP per capita
€61,369
€55,732
Population density
1,109 /km²
20 /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)
€61,196M
€32,889M
GVA — agriculture, forestry & fishing (A)
€245M
€965M
GVA — industry (B–E)
€10,193M
€7,079M
GVA — manufacturing (C)
€8,997M
€3,210M
GVA — construction (F)
€3,047M
€2,496M
GVA — wholesale/retail, transport, ICT (G–J)
€16,560M
€5,361M
Net disposable household income per capita (NUTS-2 source) ·N2
€29,500
€27,200
GDP per capita in PPS (purchasing-power adjusted)
54,900 PPS
41,200 PPS
GDP per capita (current prices, EUR)
€61,600
€57,100
Gross fixed capital formation — investment (total economy) ·N2
€29,336M
€17,795M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€7,442M
€1,330M
Compensation of employees (total wage bill) ·N2
€54,762M
€42,790M
GVA — real estate activities (L)
€5,616M
€2,656M
GVA — information & communication (J)
€3,081M
€973M
GVA — finance, real estate & professional (K–N)
€19,394M
€6,727M
GVA — public admin, health & education (O–U)
€11,757M
€10,261M
Real GDP (constant 2020 prices, incl. short-term forecast)
€58,628M
€42,546M
Labour productivity per person employed (EUR)
€135,091
€113,185
Gross fixed capital formation, NUTS-3 (ARDECO)
€17,749M
€9,803M
Labour market
Employment, total persons
516,200
334,000
Self-employed persons
83,900
Employment in manufacturing (C)
45,300
30,000
Activity rate, 15–64 (NUTS-2 source) ·N2
74.6%
81.6%
Youth unemployment rate (15–24) ·N2
11.3%
13.6%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
4.3%
4.0%
Labour force aged 15+ (ARDECO)
522,300
360,600
Innovation & R&D
R&D expenditure as % of GDP ·N2
4.1%
2.0%
Employment in high-tech sectors (% of total) ·N2
6.6%
2.8%
R&D personnel (% of active population, FTE) ·N2
2.6%
1.4%
Education
Tertiary education attainment, age 25–64 ·N2
47.3%
49.2%
Tertiary attainment, age 25–34 (young talent pool) ·N2
51.5%
57.4%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
19.4%
22.0%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
31.1%
31.9%
Scientists & engineers (% of labour force) ·N2
10.8%
11.2%
Digital
Households with internet access ·N2
96.7%
98.5%
Tourism
Nights spent at tourist accommodation (total)
3,125,296
6,242,248
Mobility
Passenger cars per 1,000 inhabitants ·N2
492 /1k
503 /1k
Road freight loaded (annual, thousand tonnes)
22,998 kt
25,795 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
3,200
12,318
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
291
1,880
Motorway density (km per 1,000 km²) ·N2
78 km/1000km²
1 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
42
94
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
5
1
Demography
Population aged 15–64 (working age)
697,240
422,374
Population aged 65+
215,026
124,620
Population aged under 15
189,421
108,216
Median age of population
40.5 yrs
40.3 yrs
Old-age dependency ratio (65+ / 15–64)
30.8%
29.5%
Crude rate of total population change
9.0 /1k
6.0 /1k
Crude rate of net migration plus adjustment
7.2 /1k
4.0 /1k
Crude birth rate
10.6 /1k
9.8 /1k
Crude death rate
8.8 /1k
7.8 /1k
Live births
11,660
6,379
Deaths
9,680
5,087
Total age-dependency ratio (young+old / 15-64)
58.0%
55.1%
Total fertility rate (births per woman)
1.60
1.48
Population density (persons per km²)
1,143 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
1,316,176
Social
At risk of poverty or social exclusion (AROPE) ·N2
14.2%
13.2%
Life expectancy at birth ·N2
83.3 yrs
83.6 yrs
At-risk-of-poverty rate (regional) ·N2
10.3%
9.1%
Health
Hospital beds per 100k inhabitants ·N2
525 /100k
289 /100k
Mortality, all causes (age-standardised rate) ·N2
861 /100k
795 /100k
Cancer mortality (age-standardised rate) ·N2
199 /100k
213 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.1 /100k
0.5 /100k
Robberies per 100k inhabitants
104 /100k
19.0 /100k
Burglaries per 100k inhabitants
377 /100k
Thefts per 100k inhabitants
2,038 /100k
1,579 /100k
Road traffic deaths per million inhabitants ·N2
34 /M
11 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.31
1.82
Regulatory quality, WGI score -2.5..2.5 (country)
1.41
1.57
Rule of law, WGI score -2.5..2.5 (country)
1.34
1.94
Control of corruption, WGI score -2.5..2.5 (country)
1.58
2.03
Political stability & absence of violence, WGI score (country)
0.25
0.92
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.130/kWh
€0.064/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)
16 m
965 m
Hot days ≥30°C (avg per year)
7 days/yr
0 days/yr
Frost days ≤0°C (avg per year)
33 days/yr
213 days/yr
Heavy-precipitation days ≥20mm (avg per year)
2 days/yr
30 days/yr