NUTS-3 BG312 · Bulgaria
Population
112,7372025
GDP
€888M2024
Unemployment· NUTS-2 source
7.3%2025
Employment· NUTS-2 source
71.6%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
3,630.6 km²
TerraSight · Compare
2 regions side-by-side
BG312 · BG325
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Силистра (Opportunity 25). Runner-up: Монтана (23). Contrarian pick: Монтана — leads the set on Cost advantage (EU pctl 100).
#1Силистра
Strengths
Cost advantage (99) · Energy cost (65)
Red flags
Economic base (EU bottom 15%)
Demographic outlook (EU bottom 15%)
Freight intensity (EU bottom 15%)
Digital readiness (EU bottom 15%)
Governance (EU bottom 15%)
#2Монтана
Strengths
Cost advantage (100) · Growth momentum (72)
Red flags
Economic base (EU bottom 15%)
Demographic outlook (EU bottom 15%)
Labour market (EU bottom 15%)
Connectivity (EU bottom 15%)
Freight intensity (EU bottom 15%)
Digital readiness (EU bottom 15%)
Governance (EU bottom 15%)
Quality of life (EU bottom 15%)
Why you might not pick Силистра
Economic base (EU bottom 15%); Demographic outlook (EU bottom 15%); Freight intensity (EU bottom 15%); Digital readiness (EU bottom 15%); Governance (EU bottom 15%). Its weakest dimension is Economic base (EU pctl 0) — Монтана may suit a mandate that weights that higher.
How robust is this recommendation?
Силистра 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
23.1
24.5
Resilience Indexdiversification, stability, buffers
34.5
27.3
Quality of Lifeprosperity, health, safety, environment
9.6
18.0
Connectivitytransit + air + market access
11.3
18.5
Talent & Human Capitalskills, learning, knowledge workers
15.5
22.0
Growth Momentumrecent GDP / employment trajectory
71.8
57.8
Trajectories · 2012–latest
Real GDP (2020 prices)
2.2% 5y
5.1% 5y
Population
1.7% 5y
1.3% 5y
Unemployment rate
10.1% 5y
6.4% 5y
Derived comparisons
GDP per capita
€7,880
€7,348
Population density
31 /km²
33 /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)
€775M
€600M
GVA — agriculture, forestry & fishing (A)
€95M
€88M
GVA — industry (B–E)
€119M
€60M
GVA — manufacturing (C)
€79M
€54M
GVA — construction (F)
€18M
€23M
GVA — wholesale/retail, transport, ICT (G–J)
€152M
€127M
Net disposable household income per capita (NUTS-2 source) ·N2
€6,100
€6,500
GDP per capita in PPS (purchasing-power adjusted)
12,700 PPS
11,800 PPS
GDP per capita (current prices, EUR)
€7,800
€7,300
Gross fixed capital formation — investment (total economy) ·N2
€866M
€1,276M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€154M
€285M
Compensation of employees (total wage bill) ·N2
€2,572M
€3,129M
GVA — real estate activities (L)
€125M
€82M
GVA — information & communication (J)
€7M
€3M
GVA — finance, real estate & professional (K–N)
€150M
€106M
GVA — public admin, health & education (O–U)
€240M
€196M
Real GDP (constant 2020 prices, incl. short-term forecast)
€590M
€577M
Labour productivity per person employed (EUR)
€25,347
€19,874
Gross fixed capital formation, NUTS-3 (ARDECO)
€149M
€160M
Labour market
Employment, total persons
45,490
44,690
Self-employed persons
13,950
20,390
Employment in manufacturing (C)
9,060
5,150
Activity rate, 15–64 (NUTS-2 source) ·N2
70.9%
72.1%
Youth unemployment rate (15–24) ·N2
23.1%
20.3%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
7.4%
4.1%
Labour force aged 15+ (ARDECO)
48,900
41,100
Business demography
Active enterprises (business economy, all sizes)
4,233
3,483
Enterprise births
449
346
Enterprise deaths
616
446
3-year enterprise survival rate
5.2%
4.9%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.3%
0.3%
Employment in high-tech sectors (% of total) ·N2
1.8%
2.7%
R&D personnel (% of active population, FTE) ·N2
0.4%
0.5%
Education
Tertiary education attainment, age 25–64 ·N2
27.7%
31.2%
Tertiary attainment, age 25–34 (young talent pool) ·N2
30.5%
41.6%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
7.3%
4.9%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
18.7%
20.4%
Scientists & engineers (% of labour force) ·N2
5.5%
4.2%
Digital
Households with internet access ·N2
87.3%
91.0%
Tourism
Nights spent at tourist accommodation (total)
107,898
40,428
Mobility
Passenger cars per 1,000 inhabitants ·N2
472 /1k
492 /1k
Road freight loaded (annual, thousand tonnes)
1,315 kt
1,217 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
1
—
Motorway density (km per 1,000 km²) ·N2
1 km/1000km²
0 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1
—
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
90
97
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)
66,253
55,171
Population aged 65+
32,081
26,273
Population aged under 15
14,403
12,105
Median age of population
51.1 yrs
51.7 yrs
Old-age dependency ratio (65+ / 15–64)
48.4%
47.6%
Crude rate of total population change
-15.7 /1k
-12.6 /1k
Crude rate of net migration plus adjustment
-1.9 /1k
0.1 /1k
Crude birth rate
7.7 /1k
7.2 /1k
Crude death rate
21.5 /1k
19.9 /1k
Live births
870
681
Deaths
2,440
1,876
Total age-dependency ratio (young+old / 15-64)
70.2%
69.6%
Total fertility rate (births per woman)
1.88
1.84
Population density (persons per km²)
32 /km²
34 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
54,234
55,241
Social
At risk of poverty or social exclusion (AROPE) ·N2
33.5%
33.8%
Life expectancy at birth ·N2
73.9 yrs
74.9 yrs
At-risk-of-poverty rate (regional) ·N2
25.3%
23.5%
Health
Hospital beds per 100k inhabitants ·N2
964 /100k
798 /100k
Mortality, all causes (age-standardised rate) ·N2
2,350 /100k
2,261 /100k
Cancer mortality (age-standardised rate) ·N2
248 /100k
223 /100k
Safety & crime
Intentional homicides per 100k inhabitants
4.4 /100k
2.1 /100k
Robberies per 100k inhabitants
6.1 /100k
1.1 /100k
Burglaries per 100k inhabitants
20.1 /100k
4.2 /100k
Thefts per 100k inhabitants
377 /100k
177 /100k
Road traffic deaths per million inhabitants ·N2
148 /M
76 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
-0.07
-0.07
Regulatory quality, WGI score -2.5..2.5 (country)
0.25
0.25
Rule of law, WGI score -2.5..2.5 (country)
-0.10
-0.10
Control of corruption, WGI score -2.5..2.5 (country)
-0.14
-0.14
Political stability & absence of violence, WGI score (country)
0.33
0.33
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.135/kWh
€0.135/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.041/kWh
€0.041/kWh
Climate
Elevation at region centroid (Copernicus DEM)
269 m
170 m
Hot days ≥30°C (avg per year)
31 days/yr
33 days/yr
Frost days ≤0°C (avg per year)
67 days/yr
57 days/yr
Heavy-precipitation days ≥20mm (avg per year)
7 days/yr
4 days/yr