NUTS-3 BG311 · Bulgaria
Population
70,5422025
GDP
€589M2024
Unemployment· NUTS-2 source
7.3%2025
Employment· NUTS-2 source
71.6%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
3,036 km²
TerraSight · Compare
2 regions side-by-side
BG311 · EL542
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Θεσπρωτία (Opportunity 24). Runner-up: Видин (23). Contrarian pick: Видин — leads the set on Cost advantage (EU pctl 100).
Strengths
Demographic outlook (93) · Cost advantage (83)
Red flags
Economic base (EU bottom 15%)
Labour market (EU bottom 15%)
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Resilience (EU bottom 15%)
Long-run slide: down 15 EU ranks in real GDP per head since 1995 (relative decline, not absolute)
#2Видин
Strengths
Cost advantage (100) · Growth momentum (75)
Red flags
Economic base (EU bottom 15%)
Demographic outlook (EU bottom 15%)
Labour market (EU bottom 15%)
Connectivity (EU bottom 15%)
Industrial base (EU bottom 15%)
Digital readiness (EU bottom 15%)
Governance (EU bottom 15%)
Quality of life (EU bottom 15%)
Flood: 34% of population in the 100-year floodplain
Why you might not pick Θεσπρωτία
Economic base (EU bottom 15%); Labour market (EU bottom 15%); Industrial base (EU bottom 15%); Governance (EU bottom 15%); Resilience (EU bottom 15%); Long-run slide: down 15 EU ranks in real GDP per head since 1995 (relative decline, not absolute). Its weakest dimension is Economic base (EU pctl 4) — Видин may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Θεσπρωτία · Manufacturing → Видин · Office → Θεσπρωτία · Residential → Θεσπρωτία.
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
- Flood defences, return-period design and insurance for flagged regions
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
23.3
24.2
Resilience Indexdiversification, stability, buffers
20.8
12.8
Quality of Lifeprosperity, health, safety, environment
10.3
46.1
Connectivitytransit + air + market access
13.3
35.5
Talent & Human Capitalskills, learning, knowledge workers
15.5
30.0
Growth Momentumrecent GDP / employment trajectory
74.8
46.6
Trajectories · 2012–latest
Real GDP (2020 prices)
1.1% 5y
4.5% 5y
Population
1.9% 5y
0.8% 5y
Unemployment rate
10.1% 5y
10.7% 5y
Derived comparisons
GDP per capita
€8,350
€15,706
Population density
23 /km²
26 /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)
€514M
€551M
GVA — agriculture, forestry & fishing (A)
€60M
€40M
GVA — industry (B–E)
€39M
€48M
GVA — manufacturing (C)
€26M
€27M
GVA — construction (F)
€13M
€21M
GVA — wholesale/retail, transport, ICT (G–J)
€99M
€216M
Net disposable household income per capita (NUTS-2 source) ·N2
€6,100
€12,400
GDP per capita in PPS (purchasing-power adjusted)
13,400 PPS
17,500 PPS
GDP per capita (current prices, EUR)
€8,300
€14,200
Gross fixed capital formation — investment (total economy) ·N2
€866M
€1,087M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€154M
€83M
Compensation of employees (total wage bill) ·N2
€2,572M
€1,682M
GVA — real estate activities (L)
€102M
€84M
GVA — information & communication (J)
€5M
€5M
GVA — finance, real estate & professional (K–N)
€122M
€123M
GVA — public admin, health & education (O–U)
€181M
€103M
Real GDP (constant 2020 prices, incl. short-term forecast)
€392M
€582M
Labour productivity per person employed (EUR)
€26,734
€36,761
Gross fixed capital formation, NUTS-3 (ARDECO)
€99M
€179M
Labour market
Employment, total persons
28,410
18,740
Self-employed persons
8,940
9,690
Employment in manufacturing (C)
2,680
700
Activity rate, 15–64 (NUTS-2 source) ·N2
70.9%
69.9%
Youth unemployment rate (15–24) ·N2
23.1%
26.1%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
7.4%
10.2%
Labour force aged 15+ (ARDECO)
29,800
16,700
Business demography
Active enterprises (business economy, all sizes)
2,663
3,940
Enterprise births
265
283
Enterprise deaths
380
137
3-year enterprise survival rate
4.6%
4.2%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.3%
1.8%
Employment in high-tech sectors (% of total) ·N2
1.8%
1.2%
R&D personnel (% of active population, FTE) ·N2
0.4%
1.7%
Education
Tertiary education attainment, age 25–64 ·N2
27.7%
35.4%
Tertiary attainment, age 25–34 (young talent pool) ·N2
30.5%
47.0%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
7.3%
3.9%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
18.7%
19.2%
Scientists & engineers (% of labour force) ·N2
5.5%
6.5%
Digital
Households with internet access ·N2
87.3%
—
Tourism
Nights spent at tourist accommodation (total)
75,508
605,837
Mobility
Passenger cars per 1,000 inhabitants ·N2
472 /1k
418 /1k
Road freight loaded (annual, thousand tonnes)
1,897 kt
1,273 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
3
—
Motorway density (km per 1,000 km²) ·N2
1 km/1000km²
20 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
4
—
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
85
38
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)
40,332
22,967
Population aged 65+
22,145
12,413
Population aged under 15
8,065
4,790
Median age of population
53.2 yrs
51.6 yrs
Old-age dependency ratio (65+ / 15–64)
54.9%
54.0%
Crude rate of total population change
-17.3 /1k
-1.4 /1k
Crude rate of net migration plus adjustment
-0.1 /1k
7.0 /1k
Crude birth rate
7.1 /1k
5.7 /1k
Crude death rate
24.3 /1k
14.2 /1k
Live births
507
230
Deaths
1,731
570
Total age-dependency ratio (young+old / 15-64)
74.9%
74.9%
Total fertility rate (births per woman)
1.91
1.31
Population density (persons per km²)
24 /km²
27 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
29,414
36,531
Social
At risk of poverty or social exclusion (AROPE) ·N2
33.5%
25.3%
Life expectancy at birth ·N2
73.9 yrs
83.6 yrs
At-risk-of-poverty rate (regional) ·N2
25.3%
22.0%
Health
Hospital beds per 100k inhabitants ·N2
964 /100k
472 /100k
Mortality, all causes (age-standardised rate) ·N2
2,350 /100k
869 /100k
Cancer mortality (age-standardised rate) ·N2
248 /100k
201 /100k
Safety & crime
Intentional homicides per 100k inhabitants
2.8 /100k
0.0 /100k
Robberies per 100k inhabitants
15.3 /100k
2.5 /100k
Burglaries per 100k inhabitants
76.6 /100k
39.8 /100k
Thefts per 100k inhabitants
387 /100k
117 /100k
Road traffic deaths per million inhabitants ·N2
148 /M
60 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
-0.07
0.56
Regulatory quality, WGI score -2.5..2.5 (country)
0.25
0.42
Rule of law, WGI score -2.5..2.5 (country)
-0.10
0.49
Control of corruption, WGI score -2.5..2.5 (country)
-0.14
0.32
Political stability & absence of violence, WGI score (country)
0.33
0.24
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.135/kWh
€0.143/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.041/kWh
€0.039/kWh
Climate
Elevation at region centroid (Copernicus DEM)
206 m
47 m
Hot days ≥30°C (avg per year)
38 days/yr
59 days/yr
Frost days ≤0°C (avg per year)
56 days/yr
6 days/yr
Heavy-precipitation days ≥20mm (avg per year)
5 days/yr
24 days/yr