NUTS-3 EL434 · Greece
Population
156,6762025
GDP
€3,001M2023
Unemployment· NUTS-2 source
5.1%2025
Employment· NUTS-2 source
75.4%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
2,393.7 km²
TerraSight · Compare
2 regions side-by-side
EL434 · RO116
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Χανιά (Opportunity 29). Runner-up: Sălaj (25). Contrarian pick: Sălaj — leads the set on Cost advantage (EU pctl 96).
#1Χανιά
Strengths
Demographic outlook (84) · Cost advantage (81)
Red flags
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
#2Sălaj
Strengths
Cost advantage (96) · Industrial base (73)
Red flags
Demographic outlook (EU bottom 15%)
Labour market (EU bottom 15%)
Talent & skills (EU bottom 15%)
Governance (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) — Sălaj may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Χανιά · Manufacturing → Sălaj · Office → Χανιά · Residential → Χανιά.
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
28.5
25.3
Resilience Indexdiversification, stability, buffers
19.8
56.3
Quality of Lifeprosperity, health, safety, environment
32.0
24.1
Clean AirPM2.5 / PM10 / NO₂ inverted
18.3
—
Connectivitytransit + air + market access
28.3
26.7
Talent & Human Capitalskills, learning, knowledge workers
17.8
13.8
Growth Momentumrecent GDP / employment trajectory
66.0
49.0
Trajectories · 2012–latest
Real GDP (2020 prices)
6.0% 5y
3.8% 5y
Population
0.1% 5y
0.1% 5y
Unemployment rate
21.7% 5y
8.8% 5y
Derived comparisons
GDP per capita
€19,154
€13,915
Population density
65 /km²
55 /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)
€2,619M
€2,662M
GVA — agriculture, forestry & fishing (A)
€266M
€112M
GVA — industry (B–E)
€235M
€657M
GVA — manufacturing (C)
€148M
€616M
GVA — construction (F)
€74M
€225M
GVA — wholesale/retail, transport, ICT (G–J)
€989M
€663M
Net disposable household income per capita (NUTS-2 source) ·N2
€12,800
€9,100
GDP per capita in PPS (purchasing-power adjusted)
23,400 PPS
23,100 PPS
GDP per capita (current prices, EUR)
€19,000
€13,900
Gross fixed capital formation — investment (total economy) ·N2
€2,427M
€8,805M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€104M
€1,026M
Compensation of employees (total wage bill) ·N2
€4,111M
€16,038M
GVA — real estate activities (L)
€306M
€294M
GVA — information & communication (J)
€31M
€39M
GVA — finance, real estate & professional (K–N)
€513M
€445M
GVA — public admin, health & education (O–U)
€542M
€561M
Real GDP (constant 2020 prices, incl. short-term forecast)
€2,679M
€2,198M
Labour productivity per person employed (EUR)
€42,037
€33,721
Gross fixed capital formation, NUTS-3 (ARDECO)
€742M
€680M
Labour market
Employment, total persons
78,290
96,990
Self-employed persons
24,110
27,320
Employment in manufacturing (C)
4,040
18,180
Activity rate, 15–64 (NUTS-2 source) ·N2
72.0%
68.4%
Youth unemployment rate (15–24) ·N2
12.9%
28.3%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
5.1%
5.8%
Labour force aged 15+ (ARDECO)
72,200
90,800
Business demography
Active enterprises (business economy, all sizes)
16,098
12,203
Enterprise births
1,250
1,256
Enterprise deaths
402
923
3-year enterprise survival rate
3.6%
8.9%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.7%
0.3%
Employment in high-tech sectors (% of total) ·N2
2.8%
3.3%
R&D personnel (% of active population, FTE) ·N2
1.7%
0.2%
Education
Tertiary education attainment, age 25–64 ·N2
28.5%
18.6%
Tertiary attainment, age 25–34 (young talent pool) ·N2
36.5%
22.8%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
3.1%
7.5%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
17.7%
15.4%
Scientists & engineers (% of labour force) ·N2
6.4%
7.1%
Digital
Households with internet access ·N2
—
94.5%
Tourism
Nights spent at tourist accommodation (total)
9,693,128
75,068
Mobility
Passenger cars per 1,000 inhabitants ·N2
500 /1k
436 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
1
230
Road freight loaded (annual, thousand tonnes)
3,776 kt
4,051 kt
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1
109
Motorway density (km per 1,000 km²) ·N2
1 km/1000km²
3 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
24
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)
100,093
133,106
Population aged 65+
33,055
43,140
Population aged under 15
23,528
34,894
Median age of population
45.3 yrs
44.2 yrs
Old-age dependency ratio (65+ / 15–64)
33.0%
32.4%
Crude rate of total population change
1.5 /1k
2.3 /1k
Crude rate of net migration plus adjustment
3.8 /1k
6.3 /1k
Crude birth rate
8.3 /1k
9.3 /1k
Crude death rate
10.7 /1k
13.4 /1k
Live births
1,296
1,970
Deaths
1,668
2,822
Total age-dependency ratio (young+old / 15-64)
56.5%
58.6%
Total fertility rate (births per woman)
1.54
1.80
Population density (persons per km²)
66 /km²
55 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
162,212
151,685
Social
At risk of poverty or social exclusion (AROPE) ·N2
18.2%
27.5%
Life expectancy at birth ·N2
82.4 yrs
76.6 yrs
At-risk-of-poverty rate (regional) ·N2
12.7%
15.6%
Health
Hospital beds per 100k inhabitants ·N2
410 /100k
753 /100k
Mortality, all causes (age-standardised rate) ·N2
966 /100k
1,857 /100k
Cancer mortality (age-standardised rate) ·N2
213 /100k
255 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.6 /100k
0.0 /100k
Robberies per 100k inhabitants
5.1 /100k
6.7 /100k
Burglaries per 100k inhabitants
35.2 /100k
93.5 /100k
Thefts per 100k inhabitants
215 /100k
149 /100k
Road traffic deaths per million inhabitants ·N2
71 /M
65 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
0.20
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
0.39
Rule of law, WGI score -2.5..2.5 (country)
0.49
0.44
Control of corruption, WGI score -2.5..2.5 (country)
0.32
0.07
Political stability & absence of violence, WGI score (country)
0.24
0.55
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.155/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.051/kWh
Climate
Elevation at region centroid (Copernicus DEM)
187 m
326 m
Hot days ≥30°C (avg per year)
26 days/yr
12 days/yr
Frost days ≤0°C (avg per year)
0 days/yr
87 days/yr
Heavy-precipitation days ≥20mm (avg per year)
17 days/yr
3 days/yr