NUTS-3 EL432 · Greece
Population
77,1312025
GDP
€1,531M2023
Unemployment· NUTS-2 source
5.1%2025
Employment· NUTS-2 source
75.4%2025
Active firms· FR-only
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Cadastral parcels· FR-only
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Area
1,832.4 km²
TerraSight · Compare
2 regions side-by-side
EL432 · HR027
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Karlovačka županija (Opportunity 33). Runner-up: Λασίθι (28).
Strengths
Cost advantage (93) · Growth momentum (76)
Red flags
Labour market (EU bottom 15%)
Talent & skills (EU bottom 15%)
Governance (EU bottom 15%)
#2Λασίθι
Strengths
Cost advantage (81) · Growth momentum (65)
Red flags
Demographic outlook (EU bottom 15%)
Connectivity (EU bottom 15%)
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Karlovačka županija
Labour market (EU bottom 15%); Talent & skills (EU bottom 15%); Governance (EU bottom 15%). Its weakest dimension is Labour market (EU pctl 9) — Λασίθι may suit a mandate that weights that higher.
How robust is this recommendation?
Karlovačka županija 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
28.1
32.6
Resilience Indexdiversification, stability, buffers
25.8
36.5
Quality of Lifeprosperity, health, safety, environment
42.3
26.3
Clean AirPM2.5 / PM10 / NO₂ inverted
57.5
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Connectivitytransit + air + market access
12.0
28.7
Talent & Human Capitalskills, learning, knowledge workers
17.8
12.5
Growth Momentumrecent GDP / employment trajectory
65.0
76.2
Trajectories · 2012–latest
Real GDP (2020 prices)
3.6% 5y
5.5% 5y
Population
0.2% 5y
0.9% 5y
Unemployment rate
21.6% 5y
9.1% 5y
Derived comparisons
GDP per capita
€19,849
€16,278
Population density
42 /km²
30 /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)
€1,336M
€1,479M
GVA — agriculture, forestry & fishing (A)
€265M
€90M
GVA — industry (B–E)
€154M
€298M
GVA — manufacturing (C)
€45M
€259M
GVA — construction (F)
€17M
€156M
GVA — wholesale/retail, transport, ICT (G–J)
€459M
€325M
Net disposable household income per capita (NUTS-2 source) ·N2
€12,800
€10,300
GDP per capita in PPS (purchasing-power adjusted)
26,000 PPS
22,800 PPS
GDP per capita (current prices, EUR)
€21,100
€16,300
Gross fixed capital formation — investment (total economy) ·N2
€2,427M
€3,386M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€104M
€560M
Compensation of employees (total wage bill) ·N2
€4,111M
€7,231M
GVA — real estate activities (L)
€169M
€147M
GVA — information & communication (J)
€18M
€52M
GVA — finance, real estate & professional (K–N)
€260M
€243M
GVA — public admin, health & education (O–U)
€181M
€367M
Real GDP (constant 2020 prices, incl. short-term forecast)
€1,367M
€1,403M
Labour productivity per person employed (EUR)
€53,600
€40,171
Gross fixed capital formation, NUTS-3 (ARDECO)
€378M
€451M
Labour market
Employment, total persons
31,330
47,350
Self-employed persons
12,020
5,650
Employment in manufacturing (C)
1,190
10,560
Activity rate, 15–64 (NUTS-2 source) ·N2
72.0%
68.1%
Youth unemployment rate (15–24) ·N2
12.9%
24.7%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
5.1%
7.4%
Labour force aged 15+ (ARDECO)
33,600
45,900
Business demography
Active enterprises (business economy, all sizes)
6,790
4,467
Enterprise births
429
492
Enterprise deaths
130
233
3-year enterprise survival rate
3.5%
5.3%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.7%
0.5%
Employment in high-tech sectors (% of total) ·N2
2.8%
3.4%
R&D personnel (% of active population, FTE) ·N2
1.7%
0.3%
Education
Tertiary education attainment, age 25–64 ·N2
28.5%
20.5%
Tertiary attainment, age 25–34 (young talent pool) ·N2
36.5%
31.9%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
3.1%
4.9%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
17.7%
18.1%
Scientists & engineers (% of labour force) ·N2
6.4%
5.2%
Tourism
Nights spent at tourist accommodation (total)
4,100,561
583,794
Mobility
Passenger cars per 1,000 inhabitants ·N2
500 /1k
476 /1k
Road freight loaded (annual, thousand tonnes)
1,437 kt
3,144 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
—
36
Motorway density (km per 1,000 km²) ·N2
1 km/1000km²
18 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
—
33
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
85
65
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
2
Demography
Population aged 15–64 (working age)
46,608
67,767
Population aged 65+
20,362
28,105
Population aged under 15
10,161
13,689
Median age of population
48.1 yrs
48.3 yrs
Old-age dependency ratio (65+ / 15–64)
43.7%
41.5%
Crude rate of total population change
-1.1 /1k
-4.7 /1k
Crude rate of net migration plus adjustment
4.4 /1k
3.7 /1k
Crude birth rate
6.7 /1k
7.1 /1k
Crude death rate
12.3 /1k
15.4 /1k
Live births
519
777
Deaths
947
1,695
Total age-dependency ratio (young+old / 15-64)
65.5%
61.7%
Total fertility rate (births per woman)
1.34
1.42
Population density (persons per km²)
43 /km²
31 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
62,211
—
Social
At risk of poverty or social exclusion (AROPE) ·N2
18.2%
30.0%
Life expectancy at birth ·N2
82.4 yrs
77.2 yrs
At-risk-of-poverty rate (regional) ·N2
12.7%
28.6%
Health
Hospital beds per 100k inhabitants ·N2
410 /100k
561 /100k
Mortality, all causes (age-standardised rate) ·N2
966 /100k
1,784 /100k
Cancer mortality (age-standardised rate) ·N2
213 /100k
308 /100k
Safety & crime
Intentional homicides per 100k inhabitants
2.6 /100k
0.9 /100k
Robberies per 100k inhabitants
1.3 /100k
9.1 /100k
Burglaries per 100k inhabitants
15.5 /100k
87.2 /100k
Thefts per 100k inhabitants
104 /100k
192 /100k
Road traffic deaths per million inhabitants ·N2
71 /M
92 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
0.72
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
0.30
Rule of law, WGI score -2.5..2.5 (country)
0.49
0.43
Control of corruption, WGI score -2.5..2.5 (country)
0.32
0.11
Political stability & absence of violence, WGI score (country)
0.24
0.73
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.126/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.048/kWh
Climate
Elevation at region centroid (Copernicus DEM)
102 m
256 m
Hot days ≥30°C (avg per year)
26 days/yr
30 days/yr
Frost days ≤0°C (avg per year)
0 days/yr
74 days/yr
Heavy-precipitation days ≥20mm (avg per year)
4 days/yr
14 days/yr