NUTS-3 EL621 · Greece
Population
40,1212025
GDP
€942M2023
Unemployment· NUTS-2 source
9%2025
Employment· NUTS-2 source
68.7%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
401.1 km²
TerraSight · Compare
2 regions side-by-side
EL621 · EL413
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Ζάκυνθος (Opportunity 23). Runner-up: Χίος (23). Contrarian pick: Χίος — leads the set on Demographic outlook (EU pctl 100).
#1Ζάκυνθος
Strengths
Cost advantage (72) · Growth momentum (58)
Red flags
Labour market (EU bottom 15%)
Talent & skills (EU bottom 15%)
Connectivity (EU bottom 15%)
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Resilience (EU bottom 15%)
Long-run slide: down 13 EU ranks in real GDP per head since 1995 (relative decline, not absolute)
#2Χίος
Strengths
Demographic outlook (100) · Cost advantage (88)
Red flags
Economic base (EU bottom 15%)
Labour market (EU bottom 15%)
Talent & skills (EU bottom 15%)
Connectivity (EU bottom 15%)
Freight intensity (EU bottom 15%)
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Ζάκυνθος
Labour market (EU bottom 15%); Talent & skills (EU bottom 15%); Connectivity (EU bottom 15%); Industrial base (EU bottom 15%); Governance (EU bottom 15%); Resilience (EU bottom 15%); Long-run slide: down 13 EU ranks in real GDP per head since 1995 (relative decline, not absolute). Its weakest dimension is Connectivity (EU pctl 2) — Χίος may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Χίος · Manufacturing → Ζάκυνθος · Office → Χίος · Residential → Χίος.
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
23.1
23.0
Resilience Indexdiversification, stability, buffers
8.8
21.3
Quality of Lifeprosperity, health, safety, environment
29.8
38.5
Connectivitytransit + air + market access
1.5
8.5
Talent & Human Capitalskills, learning, knowledge workers
6.5
12.3
Growth Momentumrecent GDP / employment trajectory
58.4
51.4
Trajectories · 2012–latest
Real GDP (2020 prices)
7.7% 5y
3.4% 5y
Population
0.6% 5y
0.2% 5y
Unemployment rate
10.6% 5y
17.6% 5y
Derived comparisons
GDP per capita
€23,473
€15,098
Population density
100 /km²
59 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 82 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€822M
€690M
GVA — agriculture, forestry & fishing (A)
€29M
€29M
GVA — industry (B–E)
€47M
€54M
GVA — manufacturing (C)
€29M
€22M
GVA — construction (F)
€24M
€23M
GVA — wholesale/retail, transport, ICT (G–J)
€453M
€148M
Net disposable household income per capita (NUTS-2 source) ·N2
€16,700
€11,200
GDP per capita in PPS (purchasing-power adjusted)
29,700 PPS
16,600 PPS
GDP per capita (current prices, EUR)
€24,100
€13,500
Gross fixed capital formation — investment (total economy) ·N2
€798M
€652M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€15M
€19M
Compensation of employees (total wage bill) ·N2
€1,396M
€1,148M
GVA — real estate activities (L)
€107M
€122M
GVA — information & communication (J)
€5M
€9M
GVA — finance, real estate & professional (K–N)
€158M
€208M
GVA — public admin, health & education (O–U)
€110M
€228M
Real GDP (constant 2020 prices, incl. short-term forecast)
€852M
€718M
Labour productivity per person employed (EUR)
€35,029
€40,070
Gross fixed capital formation, NUTS-3 (ARDECO)
€227M
€204M
Labour market
Employment, total persons
29,790
21,330
Self-employed persons
14,240
5,240
Employment in manufacturing (C)
960
810
Activity rate, 15–64 (NUTS-2 source) ·N2
70.8%
68.6%
Youth unemployment rate (15–24) ·N2
30.9%
31.9%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
9.0%
6.2%
Labour force aged 15+ (ARDECO)
18,800
21,000
Business demography
Active enterprises (business economy, all sizes)
5,859
4,344
Enterprise births
500
290
Enterprise deaths
136
69
3-year enterprise survival rate
3.3%
4.0%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.4%
1.1%
R&D personnel (% of active population, FTE) ·N2
0.6%
1.5%
Education
Tertiary education attainment, age 25–64 ·N2
21.6%
21.3%
Tertiary attainment, age 25–34 (young talent pool) ·N2
32.0%
19.1%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
1.7%
5.2%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
11.8%
12.9%
Scientists & engineers (% of labour force) ·N2
4.9%
7.7%
Tourism
Nights spent at tourist accommodation (total)
6,438,092
344,959
Mobility
Passenger cars per 1,000 inhabitants ·N2
460 /1k
302 /1k
Road freight loaded (annual, thousand tonnes)
695 kt
524 kt
Motorway density (km per 1,000 km²) ·N2
0 km/1000km²
0 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
216
96
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)
25,380
32,929
Population aged 65+
8,592
12,838
Population aged under 15
6,149
6,630
Median age of population
46.2 yrs
46.2 yrs
Old-age dependency ratio (65+ / 15–64)
33.9%
39.0%
Crude rate of total population change
-6.5 /1k
10.6 /1k
Crude rate of net migration plus adjustment
-4.7 /1k
15.3 /1k
Crude birth rate
9.6 /1k
7.7 /1k
Crude death rate
11.5 /1k
12.3 /1k
Live births
388
399
Deaths
461
639
Total age-dependency ratio (young+old / 15-64)
58.1%
59.1%
Total fertility rate (births per woman)
1.71
1.55
Population density (persons per km²)
99 /km²
58 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
40,433
86,299
Social
At risk of poverty or social exclusion (AROPE) ·N2
35.7%
27.9%
Life expectancy at birth ·N2
81.1 yrs
83.0 yrs
At-risk-of-poverty rate (regional) ·N2
22.4%
22.5%
Health
Hospital beds per 100k inhabitants ·N2
319 /100k
335 /100k
Mortality, all causes (age-standardised rate) ·N2
1,055 /100k
861 /100k
Cancer mortality (age-standardised rate) ·N2
209 /100k
199 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.0 /100k
0.0 /100k
Robberies per 100k inhabitants
12.4 /100k
1.9 /100k
Burglaries per 100k inhabitants
151 /100k
3.9 /100k
Thefts per 100k inhabitants
305 /100k
34.7 /100k
Road traffic deaths per million inhabitants ·N2
129 /M
98 /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)
72 m
463 m
Hot days ≥30°C (avg per year)
49 days/yr
41 days/yr
Frost days ≤0°C (avg per year)
0 days/yr
5 days/yr
Heavy-precipitation days ≥20mm (avg per year)
12 days/yr
9 days/yr