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EL514 · EL523

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NUTS-3 EL514 · Greece
Population
89,0672025
GDP
€1,256M2023
Unemployment· NUTS-2 source
10.6%2025
Employment· NUTS-2 source
67.6%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
3,463.1 km²
NUTS-3 EL523 · Greece
Population
69,8582025
GDP
€1,163M2023
Unemployment· NUTS-2 source
11.7%2025
Employment· NUTS-2 source
69.1%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
2,531.9 km²

Decision brief

Download brief (PDF)mandate-neutral · ranked by overall opportunity

Best overall fit: Δράμα (Opportunity 25). Runner-up: Κιλκίς (25). Contrarian pick: Κιλκίς — leads the set on Demographic outlook (EU pctl 95).

Strengths
Demographic outlook (92) · Cost advantage (88)
Red flags
Economic base (EU bottom 15%)
Labour market (EU bottom 15%)
Governance (EU bottom 15%)
Strengths
Demographic outlook (95) · Cost advantage (83)
Red flags
Economic base (EU bottom 15%)
Labour market (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Δράμα
Economic base (EU bottom 15%); Labour market (EU bottom 15%); Governance (EU bottom 15%). Its weakest dimension is Economic base (EU pctl 3) — Κιλκίς may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: LogisticsΔράμα · ManufacturingΚιλκίς · OfficeΚιλκίς · ResidentialΚιλκίς.
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
24.6
24.6
Resilience Indexdiversification, stability, buffers
29.8
31.0
Quality of Lifeprosperity, health, safety, environment
26.7
30.4
Connectivitytransit + air + market access
28.5
24.0
Talent & Human Capitalskills, learning, knowledge workers
21.3
37.3
Growth Momentumrecent GDP / employment trajectory
59.6
55.0

Trajectories · 2012–latest

Real GDP (2020 prices)
5.1% 5y
4.0% 5y
Population
0.0% 5y
1.0% 5y
Unemployment rate
9.4% 5y
8.8% 5y

Derived comparisons

GDP per capita
€14,098
€16,645
Population density
26 /km²
28 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only

All indicators · 83 metrics (Eurostat, all-EU)

Economy
Gross value added, total (current prices)
€1,096M
€1,015M
GVA — agriculture, forestry & fishing (A)
€63M
€123M
GVA — industry (B–E)
€341M
€268M
GVA — manufacturing (C)
€162M
€235M
GVA — construction (F)
€37M
€28M
GVA — wholesale/retail, transport, ICT (G–J)
€195M
€211M
Net disposable household income per capita (NUTS-2 source) ·N2
€11,100
€12,400
GDP per capita in PPS (purchasing-power adjusted)
16,300 PPS
18,200 PPS
GDP per capita (current prices, EUR)
€13,200
€14,800
Gross fixed capital formation — investment (total economy) ·N2
€1,728M
€5,199M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€170M
€548M
Compensation of employees (total wage bill) ·N2
€3,128M
€11,333M
GVA — real estate activities (L)
€117M
€105M
GVA — information & communication (J)
€15M
€11M
GVA — finance, real estate & professional (K–N)
€187M
€163M
GVA — public admin, health & education (O–U)
€273M
€221M
Real GDP (constant 2020 prices, incl. short-term forecast)
€1,163M
€1,057M
Labour productivity per person employed (EUR)
€45,709
€42,609
Gross fixed capital formation, NUTS-3 (ARDECO)
€313M
€228M
Labour market
Employment, total persons
29,750
29,680
Self-employed persons
9,980
13,010
Employment in manufacturing (C)
3,340
5,460
Activity rate, 15–64 (NUTS-2 source) ·N2
67.7%
70.7%
Youth unemployment rate (15–24) ·N2
23.8%
23.3%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
10.5%
11.6%
Labour force aged 15+ (ARDECO)
38,100
31,100
Business demography
Active enterprises (business economy, all sizes)
6,367
4,328
Enterprise births
426
269
Enterprise deaths
291
155
3-year enterprise survival rate
3.8%
4.0%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.2%
1.5%
Employment in high-tech sectors (% of total) ·N2
1.9%
3.7%
R&D personnel (% of active population, FTE) ·N2
1.1%
1.5%
Education
Tertiary education attainment, age 25–64 ·N2
28.0%
36.4%
Tertiary attainment, age 25–34 (young talent pool) ·N2
42.5%
44.3%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
4.6%
5.5%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
16.6%
21.3%
Scientists & engineers (% of labour force) ·N2
6.3%
7.9%
Tourism
Nights spent at tourist accommodation (total)
91,156
131,231
Mobility
Passenger cars per 1,000 inhabitants ·N2
412 /1k
474 /1k
Road freight loaded (annual, thousand tonnes)
1,899 kt
1,592 kt
Motorway density (km per 1,000 km²) ·N2
17 km/1000km²
24 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
56
65
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)
54,413
42,629
Population aged 65+
23,238
18,543
Population aged under 15
11,416
8,686
Median age of population
48.3 yrs
49.1 yrs
Old-age dependency ratio (65+ / 15–64)
42.7%
43.5%
Crude rate of total population change
19.6 /1k
5.5 /1k
Crude rate of net migration plus adjustment
28.8 /1k
16.7 /1k
Crude birth rate
5.9 /1k
5.9 /1k
Crude death rate
15.1 /1k
17.0 /1k
Live births
517
408
Deaths
1,332
1,182
Total age-dependency ratio (young+old / 15-64)
63.7%
63.9%
Total fertility rate (births per woman)
1.22
1.32
Population density (persons per km²)
26 /km²
28 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
101,668
68,078
Social
At risk of poverty or social exclusion (AROPE) ·N2
31.6%
33.0%
Life expectancy at birth ·N2
80.4 yrs
81.7 yrs
At-risk-of-poverty rate (regional) ·N2
26.8%
24.2%
Health
Hospital beds per 100k inhabitants ·N2
435 /100k
451 /100k
Mortality, all causes (age-standardised rate) ·N2
1,154 /100k
1,185 /100k
Cancer mortality (age-standardised rate) ·N2
245 /100k
244 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.0 /100k
2.9 /100k
Robberies per 100k inhabitants
0.0 /100k
2.9 /100k
Burglaries per 100k inhabitants
6.9 /100k
15.8 /100k
Thefts per 100k inhabitants
64.1 /100k
111 /100k
Road traffic deaths per million inhabitants ·N2
73 /M
50 /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)
1,186 m
83 m
Hot days ≥30°C (avg per year)
1 days/yr
71 days/yr
Frost days ≤0°C (avg per year)
106 days/yr
27 days/yr
Heavy-precipitation days ≥20mm (avg per year)
11 days/yr
8 days/yr