NUTS-3 EL422 · Greece
Population
115,9492025
GDP
€3,365M2023
Unemployment· NUTS-2 source
7.3%2025
Employment· NUTS-2 source
69.4%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
2,556.5 km²
TerraSight · Compare
2 regions side-by-side
EL422 · EL434
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Χανιά (Opportunity 29). Runner-up: Άνδρος, Θήρα, Κέα - Κύθνος, Μήλος, Μύκονος, Νάξος, Πάρος, Σύρος, Τήνος (26). Contrarian pick: Άνδρος, Θήρα, Κέα - Κύθνος, Μήλος, Μύκονος, Νάξος, Πάρος, Σύρος, Τήνος — leads the set on Demographic outlook (EU pctl 92).
#1Χανιά
Strengths
Demographic outlook (84) · Cost advantage (81)
Red flags
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Strengths
Demographic outlook (92) · Cost advantage (73)
Red flags
Labour market (EU bottom 15%)
Talent & skills (EU bottom 15%)
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Resilience (EU bottom 15%)
Why you might not pick Χανιά
Industrial base (EU bottom 15%); Governance (EU bottom 15%). Its weakest dimension is Industrial base (EU pctl 8) — Άνδρος, Θήρα, Κέα - Κύθνος, Μήλος, Μύκονος, Νάξος, Πάρος, Σύρος, Τήνος may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Άνδρος, Θήρα, Κέα - Κύθνος, Μήλος, Μύκονος, Νάξος, Πάρος, Σύρος, Τήνος · Manufacturing → Χανιά · Office → Χανιά · Residential → Άνδρος, Θήρα, Κέα - Κύθνος, Μήλος, Μύκονος, Νάξος, Πάρος, Σύρος, Τήνος.
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
26.2
28.5
Resilience Indexdiversification, stability, buffers
4.8
19.8
Quality of Lifeprosperity, health, safety, environment
32.5
32.0
Clean AirPM2.5 / PM10 / NO₂ inverted
—
18.3
Connectivitytransit + air + market access
17.5
28.3
Talent & Human Capitalskills, learning, knowledge workers
3.3
17.8
Growth Momentumrecent GDP / employment trajectory
49.2
66.0
Trajectories · 2012–latest
Real GDP (2020 prices)
6.6% 5y
6.0% 5y
Population
1.1% 5y
0.1% 5y
Unemployment rate
15.0% 5y
21.7% 5y
Derived comparisons
GDP per capita
€29,018
€19,154
Population density
45 /km²
65 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 88 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€2,936M
€2,619M
GVA — agriculture, forestry & fishing (A)
€49M
€266M
GVA — industry (B–E)
€162M
€235M
GVA — manufacturing (C)
€61M
€148M
GVA — construction (F)
€167M
€74M
GVA — wholesale/retail, transport, ICT (G–J)
€1,554M
€989M
Net disposable household income per capita (NUTS-2 source) ·N2
€16,100
€12,800
GDP per capita in PPS (purchasing-power adjusted)
33,100 PPS
23,400 PPS
GDP per capita (current prices, EUR)
€26,900
€19,000
Gross fixed capital formation — investment (total economy) ·N2
€1,625M
€2,427M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€39M
€104M
Compensation of employees (total wage bill) ·N2
€2,789M
€4,111M
GVA — real estate activities (L)
€461M
€306M
GVA — information & communication (J)
€19M
€31M
GVA — finance, real estate & professional (K–N)
€663M
€513M
GVA — public admin, health & education (O–U)
€341M
€542M
Real GDP (constant 2020 prices, incl. short-term forecast)
€3,013M
€2,679M
Labour productivity per person employed (EUR)
€54,144
€42,037
Gross fixed capital formation, NUTS-3 (ARDECO)
€865M
€742M
Labour market
Employment, total persons
67,850
78,290
Self-employed persons
26,410
24,110
Employment in manufacturing (C)
2,340
4,040
Activity rate, 15–64 (NUTS-2 source) ·N2
67.7%
72.0%
Youth unemployment rate (15–24) ·N2
23.6%
12.9%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
7.4%
5.1%
Labour force aged 15+ (ARDECO)
48,900
72,200
Business demography
Active enterprises (business economy, all sizes)
23,406
16,098
Enterprise births
2,237
1,250
Enterprise deaths
554
402
3-year enterprise survival rate
6.0%
3.6%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.2%
1.7%
Employment in high-tech sectors (% of total) ·N2
—
2.8%
R&D personnel (% of active population, FTE) ·N2
0.4%
1.7%
Education
Tertiary education attainment, age 25–64 ·N2
22.5%
28.5%
Tertiary attainment, age 25–34 (young talent pool) ·N2
26.6%
36.5%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
2.7%
3.1%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
12.5%
17.7%
Scientists & engineers (% of labour force) ·N2
4.5%
6.4%
Tourism
Nights spent at tourist accommodation (total)
12,755,330
9,693,128
Mobility
Passenger cars per 1,000 inhabitants ·N2
399 /1k
500 /1k
Road freight loaded (annual, thousand tonnes)
3,916 kt
3,776 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
0 km/1000km²
1 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.
74
24
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)
71,394
100,093
Population aged 65+
26,368
33,055
Population aged under 15
18,187
23,528
Median age of population
46.7 yrs
45.3 yrs
Old-age dependency ratio (65+ / 15–64)
36.9%
33.0%
Crude rate of total population change
-12.8 /1k
1.5 /1k
Crude rate of net migration plus adjustment
-11.7 /1k
3.8 /1k
Crude birth rate
10.1 /1k
8.3 /1k
Crude death rate
11.3 /1k
10.7 /1k
Live births
1,180
1,296
Deaths
1,316
1,668
Total age-dependency ratio (young+old / 15-64)
62.4%
56.5%
Total fertility rate (births per woman)
1.95
1.54
Population density (persons per km²)
46 /km²
66 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
118,467
162,212
Social
At risk of poverty or social exclusion (AROPE) ·N2
27.5%
18.2%
Life expectancy at birth ·N2
82.3 yrs
82.4 yrs
At-risk-of-poverty rate (regional) ·N2
18.0%
12.7%
Health
Hospital beds per 100k inhabitants ·N2
263 /100k
410 /100k
Mortality, all causes (age-standardised rate) ·N2
972 /100k
966 /100k
Cancer mortality (age-standardised rate) ·N2
213 /100k
213 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.8 /100k
0.6 /100k
Robberies per 100k inhabitants
6.0 /100k
5.1 /100k
Burglaries per 100k inhabitants
72.4 /100k
35.2 /100k
Thefts per 100k inhabitants
387 /100k
215 /100k
Road traffic deaths per million inhabitants ·N2
132 /M
71 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
0.56
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
0.42
Rule of law, WGI score -2.5..2.5 (country)
0.49
0.49
Control of corruption, WGI score -2.5..2.5 (country)
0.32
0.32
Political stability & absence of violence, WGI score (country)
0.24
0.24
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.143/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.039/kWh
Climate
Elevation at region centroid (Copernicus DEM)
311 m
187 m
Hot days ≥30°C (avg per year)
15 days/yr
26 days/yr
Frost days ≤0°C (avg per year)
0 days/yr
0 days/yr
Heavy-precipitation days ≥20mm (avg per year)
2 days/yr
17 days/yr