NUTS-3 EL433 · Greece
Population
85,7162025
GDP
€1,549M2023
Unemployment· NUTS-2 source
5.1%2025
Employment· NUTS-2 source
75.4%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
1,499.5 km²
TerraSight · Compare
2 regions side-by-side
EL433 · ES533
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Menorca (Opportunity 35). Runner-up: Ρέθυμνο (29). Contrarian pick: Ρέθυμνο — leads the set on Demographic outlook (EU pctl 88).
#2Ρέθυμνο
Strengths
Demographic outlook (88) · Cost advantage (81)
Red flags
Economic base (EU bottom 15%)
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Menorca
Industrial base (EU bottom 15%). Its weakest dimension is Industrial base (EU pctl 8) — Ρέθυμνο may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Ρέθυμνο · Manufacturing → Menorca · Office → Menorca · Residential → Ρέθυμνο.
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
29.4
34.5
Resilience Indexdiversification, stability, buffers
21.8
31.0
Quality of Lifeprosperity, health, safety, environment
43.5
44.9
Clean AirPM2.5 / PM10 / NO₂ inverted
—
44.3
Connectivitytransit + air + market access
28.0
32.7
Talent & Human Capitalskills, learning, knowledge workers
17.8
48.5
Growth Momentumrecent GDP / employment trajectory
68.0
78.2
Trajectories · 2012–latest
Real GDP (2020 prices)
5.9% 5y
7.9% 5y
Population
0.2% 5y
1.4% 5y
Unemployment rate
21.5% 5y
11.4% 5y
Derived comparisons
GDP per capita
€18,073
€24,785
Population density
57 /km²
147 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 89 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€1,352M
€2,316M
GVA — agriculture, forestry & fishing (A)
€165M
€22M
GVA — industry (B–E)
€98M
€232M
GVA — manufacturing (C)
€64M
€129M
GVA — construction (F)
€46M
€225M
GVA — wholesale/retail, transport, ICT (G–J)
€541M
€915M
Net disposable household income per capita (NUTS-2 source) ·N2
€12,800
€19,100
GDP per capita in PPS (purchasing-power adjusted)
22,000 PPS
28,600 PPS
GDP per capita (current prices, EUR)
€17,900
€25,500
Gross fixed capital formation — investment (total economy) ·N2
€2,427M
€9,927M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€104M
€144M
Compensation of employees (total wage bill) ·N2
€4,111M
€19,108M
GVA — real estate activities (L)
€190M
—
GVA — information & communication (J)
€15M
—
GVA — finance, real estate & professional (K–N)
€290M
€499M
GVA — public admin, health & education (O–U)
€212M
€422M
Real GDP (constant 2020 prices, incl. short-term forecast)
€1,383M
€2,355M
Labour productivity per person employed (EUR)
€42,367
€78,446
Gross fixed capital formation, NUTS-3 (ARDECO)
€383M
€691M
Labour market
Employment, total persons
40,100
35,000
Self-employed persons
14,440
7,000
Employment in manufacturing (C)
1,730
2,900
Activity rate, 15–64 (NUTS-2 source) ·N2
72.0%
77.3%
Youth unemployment rate (15–24) ·N2
12.9%
17.1%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
5.2%
8.8%
Labour force aged 15+ (ARDECO)
40,400
55,800
Business demography
Active enterprises (business economy, all sizes)
8,128
8,589
Enterprise births
581
810
Enterprise deaths
221
645
3-year enterprise survival rate
4.0%
4.1%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.7%
0.5%
Employment in high-tech sectors (% of total) ·N2
2.8%
2.6%
R&D personnel (% of active population, FTE) ·N2
1.7%
0.5%
Education
Tertiary education attainment, age 25–64 ·N2
28.5%
35.2%
Tertiary attainment, age 25–34 (young talent pool) ·N2
36.5%
43.2%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
3.1%
16.7%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
17.7%
20.5%
Scientists & engineers (% of labour force) ·N2
6.4%
6.7%
Digital
Households with internet access ·N2
—
97.9%
Tourism
Nights spent at tourist accommodation (total)
6,692,617
6,719,852
Mobility
Passenger cars per 1,000 inhabitants ·N2
500 /1k
616 /1k
Road freight loaded (annual, thousand tonnes)
1,524 kt
1,478 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
19 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.
51
17
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
2
1
Demography
Population aged 15–64 (working age)
56,015
71,388
Population aged 65+
15,996
18,910
Population aged under 15
13,705
12,523
Median age of population
42.4 yrs
44.8 yrs
Old-age dependency ratio (65+ / 15–64)
28.6%
26.5%
Crude rate of total population change
5.0 /1k
17.1 /1k
Crude rate of net migration plus adjustment
5.0 /1k
18.4 /1k
Crude birth rate
9.5 /1k
6.2 /1k
Crude death rate
9.5 /1k
7.4 /1k
Live births
815
627
Deaths
810
755
Total age-dependency ratio (young+old / 15-64)
53.0%
44.0%
Total fertility rate (births per woman)
1.61
0.96
Population density (persons per km²)
57 /km²
147 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
83,800
71,808
Social
At risk of poverty or social exclusion (AROPE) ·N2
18.2%
15.2%
Life expectancy at birth ·N2
82.4 yrs
83.5 yrs
At-risk-of-poverty rate (regional) ·N2
12.7%
11.6%
Health
Hospital beds per 100k inhabitants ·N2
410 /100k
277 /100k
Mortality, all causes (age-standardised rate) ·N2
966 /100k
807 /100k
Cancer mortality (age-standardised rate) ·N2
213 /100k
220 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.0 /100k
1.0 /100k
Robberies per 100k inhabitants
0.0 /100k
24.7 /100k
Burglaries per 100k inhabitants
17.6 /100k
175 /100k
Thefts per 100k inhabitants
205 /100k
241 /100k
Road traffic deaths per million inhabitants ·N2
71 /M
50 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
1.14
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
0.84
Rule of law, WGI score -2.5..2.5 (country)
0.49
0.96
Control of corruption, WGI score -2.5..2.5 (country)
0.32
0.78
Political stability & absence of violence, WGI score (country)
0.24
0.16
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.106/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.048/kWh
Climate
Elevation at region centroid (Copernicus DEM)
609 m
104 m
Hot days ≥30°C (avg per year)
23 days/yr
35 days/yr
Frost days ≤0°C (avg per year)
4 days/yr
0 days/yr
Heavy-precipitation days ≥20mm (avg per year)
6 days/yr
4 days/yr