NUTS-3 EL511 · Greece
Population
136,4192025
GDP
€2,092M2023
Unemployment· NUTS-2 source
10.6%2025
Employment· NUTS-2 source
67.6%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
4,226 km²
TerraSight · Compare
2 regions side-by-side
EL511 · EL543
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Ιωάννινα (Opportunity 29). Runner-up: Έβρος (21). Contrarian pick: Έβρος — leads the set on Demographic outlook (EU pctl 94).
#1Ιωάννινα
Strengths
Cost advantage (83) · Growth momentum (66)
Red flags
Economic base (EU bottom 15%)
Labour market (EU bottom 15%)
Connectivity (EU bottom 15%)
Governance (EU bottom 15%)
Air quality (EU bottom 15%)
#2Έβρος
Strengths
Demographic outlook (94) · Cost advantage (88)
Red flags
Economic base (EU bottom 15%)
Labour market (EU bottom 15%)
Connectivity (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Ιωάννινα
Economic base (EU bottom 15%); Labour market (EU bottom 15%); Connectivity (EU bottom 15%); Governance (EU bottom 15%); Air quality (EU bottom 15%). Its weakest dimension is Air quality (EU pctl 0) — Έβρος may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Ιωάννινα · Manufacturing → Ιωάννινα · Office → Έβρος · Residential → Έβρος.
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
21.2
28.7
Resilience Indexdiversification, stability, buffers
25.3
40.8
Quality of Lifeprosperity, health, safety, environment
21.1
36.1
Clean AirPM2.5 / PM10 / NO₂ inverted
—
0.3
Connectivitytransit + air + market access
4.5
13.5
Talent & Human Capitalskills, learning, knowledge workers
21.3
30.0
Growth Momentumrecent GDP / employment trajectory
52.6
65.8
Trajectories · 2012–latest
Real GDP (2020 prices)
3.0% 5y
3.6% 5y
Population
0.1% 5y
0.9% 5y
Unemployment rate
9.1% 5y
11.3% 5y
Derived comparisons
GDP per capita
€15,332
€13,864
Population density
32 /km²
34 /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)
€1,825M
€2,043M
GVA — agriculture, forestry & fishing (A)
€68M
€63M
GVA — industry (B–E)
€248M
€324M
GVA — manufacturing (C)
€156M
€216M
GVA — construction (F)
€25M
€78M
GVA — wholesale/retail, transport, ICT (G–J)
€347M
€432M
Net disposable household income per capita (NUTS-2 source) ·N2
€11,100
€12,400
GDP per capita in PPS (purchasing-power adjusted)
17,800 PPS
17,500 PPS
GDP per capita (current prices, EUR)
€14,400
€14,200
Gross fixed capital formation — investment (total economy) ·N2
€1,728M
€1,087M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€170M
€83M
Compensation of employees (total wage bill) ·N2
€3,128M
€1,682M
GVA — real estate activities (L)
€228M
€299M
GVA — information & communication (J)
€34M
€33M
GVA — finance, real estate & professional (K–N)
€355M
€495M
GVA — public admin, health & education (O–U)
€782M
€651M
Real GDP (constant 2020 prices, incl. short-term forecast)
€1,937M
€2,159M
Labour productivity per person employed (EUR)
€37,076
€36,220
Gross fixed capital formation, NUTS-3 (ARDECO)
€522M
€663M
Labour market
Employment, total persons
61,100
70,600
Self-employed persons
18,440
19,480
Employment in manufacturing (C)
3,150
5,770
Activity rate, 15–64 (NUTS-2 source) ·N2
67.7%
69.9%
Youth unemployment rate (15–24) ·N2
23.8%
26.1%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
10.6%
9.8%
Labour force aged 15+ (ARDECO)
60,300
76,300
Business demography
Active enterprises (business economy, all sizes)
8,179
13,016
Enterprise births
591
1,070
Enterprise deaths
400
595
3-year enterprise survival rate
3.8%
4.3%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.2%
1.8%
Employment in high-tech sectors (% of total) ·N2
1.9%
1.2%
R&D personnel (% of active population, FTE) ·N2
1.1%
1.7%
Education
Tertiary education attainment, age 25–64 ·N2
28.0%
35.4%
Tertiary attainment, age 25–34 (young talent pool) ·N2
42.5%
47.0%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
4.6%
3.9%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
16.6%
19.2%
Scientists & engineers (% of labour force) ·N2
6.3%
6.5%
Tourism
Nights spent at tourist accommodation (total)
590,011
1,026,381
Mobility
Passenger cars per 1,000 inhabitants ·N2
412 /1k
418 /1k
Road freight loaded (annual, thousand tonnes)
2,308 kt
3,696 kt
Motorway density (km per 1,000 km²) ·N2
17 km/1000km²
20 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
131
83
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
0
1
Demography
Population aged 15–64 (working age)
86,073
104,934
Population aged 65+
33,947
42,852
Population aged under 15
16,399
21,098
Median age of population
45.5 yrs
46.5 yrs
Old-age dependency ratio (65+ / 15–64)
39.4%
40.8%
Crude rate of total population change
13.9 /1k
24.9 /1k
Crude rate of net migration plus adjustment
22.8 /1k
30.4 /1k
Crude birth rate
5.9 /1k
5.5 /1k
Crude death rate
14.8 /1k
11.0 /1k
Live births
805
911
Deaths
2,004
1,832
Total age-dependency ratio (young+old / 15-64)
58.5%
60.9%
Total fertility rate (births per woman)
1.33
1.09
Population density (persons per km²)
32 /km²
34 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
169,105
124,039
Social
At risk of poverty or social exclusion (AROPE) ·N2
31.6%
25.3%
Life expectancy at birth ·N2
80.4 yrs
83.6 yrs
At-risk-of-poverty rate (regional) ·N2
26.8%
22.0%
Health
Hospital beds per 100k inhabitants ·N2
435 /100k
472 /100k
Mortality, all causes (age-standardised rate) ·N2
1,154 /100k
869 /100k
Cancer mortality (age-standardised rate) ·N2
245 /100k
201 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.5 /100k
0.6 /100k
Robberies per 100k inhabitants
3.7 /100k
1.8 /100k
Burglaries per 100k inhabitants
11.9 /100k
12.8 /100k
Thefts per 100k inhabitants
130 /100k
83.8 /100k
Road traffic deaths per million inhabitants ·N2
73 /M
60 /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)
378 m
838 m
Hot days ≥30°C (avg per year)
34 days/yr
20 days/yr
Frost days ≤0°C (avg per year)
40 days/yr
48 days/yr
Heavy-precipitation days ≥20mm (avg per year)
11 days/yr
24 days/yr