NUTS-3 EL644 · Greece
Population
132,3942025
GDP
€2,476M2023
Unemployment· NUTS-2 source
8.5%2025
Employment· NUTS-2 source
73%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
4,454.1 km²
TerraSight · Compare
2 regions side-by-side
EL644 · BG321
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Велико Търново (Opportunity 27). Runner-up: Φθιώτιδα (23). Contrarian pick: Φθιώτιδα — leads the set on Demographic outlook (EU pctl 96).
Strengths
Cost advantage (99) · Energy cost (65)
Red flags
Economic base (EU bottom 15%)
Connectivity (EU bottom 15%)
Digital readiness (EU bottom 15%)
Governance (EU bottom 15%)
#2Φθιώτιδα
Strengths
Demographic outlook (96) · Cost advantage (86)
Red flags
Economic base (EU bottom 15%)
Talent & skills (EU bottom 15%)
Connectivity (EU bottom 15%)
Freight intensity (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Велико Търново
Economic base (EU bottom 15%); Connectivity (EU bottom 15%); Digital readiness (EU bottom 15%); Governance (EU bottom 15%). Its weakest dimension is Governance (EU pctl 0) — Φθιώτιδα may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Велико Търново · Manufacturing → Велико Търново · Office → Φθιώτιδα · Residential → Φθιώτιδα.
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
22.9
26.6
Resilience Indexdiversification, stability, buffers
19.0
33.3
Quality of Lifeprosperity, health, safety, environment
22.0
20.9
Connectivitytransit + air + market access
5.3
8.0
Talent & Human Capitalskills, learning, knowledge workers
11.0
22.0
Growth Momentumrecent GDP / employment trajectory
46.6
59.6
Trajectories · 2012–latest
Real GDP (2020 prices)
3.7% 5y
7.2% 5y
Population
1.6% 5y
1.1% 5y
Unemployment rate
14.8% 5y
6.8% 5y
Derived comparisons
GDP per capita
€18,698
€11,304
Population density
30 /km²
43 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 88 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€2,160M
€1,977M
GVA — agriculture, forestry & fishing (A)
€130M
€99M
GVA — industry (B–E)
€657M
€371M
GVA — manufacturing (C)
€565M
€323M
GVA — construction (F)
€22M
€123M
GVA — wholesale/retail, transport, ICT (G–J)
€478M
€519M
Net disposable household income per capita (NUTS-2 source) ·N2
€11,400
€6,500
GDP per capita in PPS (purchasing-power adjusted)
19,600 PPS
18,200 PPS
GDP per capita (current prices, EUR)
€15,900
€11,300
Gross fixed capital formation — investment (total economy) ·N2
€2,619M
€1,276M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€156M
€285M
Compensation of employees (total wage bill) ·N2
€3,486M
€3,129M
GVA — real estate activities (L)
€283M
€212M
GVA — information & communication (J)
€17M
€36M
GVA — finance, real estate & professional (K–N)
€420M
€315M
GVA — public admin, health & education (O–U)
€454M
€549M
Real GDP (constant 2020 prices, incl. short-term forecast)
€2,267M
€1,901M
Labour productivity per person employed (EUR)
€34,099
€29,298
Gross fixed capital formation, NUTS-3 (ARDECO)
€755M
€528M
Labour market
Employment, total persons
79,890
98,030
Self-employed persons
33,180
23,420
Employment in manufacturing (C)
7,400
20,710
Activity rate, 15–64 (NUTS-2 source) ·N2
70.4%
72.1%
Youth unemployment rate (15–24) ·N2
18.5%
20.3%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
8.6%
4.0%
Labour force aged 15+ (ARDECO)
60,700
89,400
Business demography
Active enterprises (business economy, all sizes)
9,738
10,034
Enterprise births
622
1,056
Enterprise deaths
350
1,304
3-year enterprise survival rate
3.7%
4.8%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.1%
0.3%
Employment in high-tech sectors (% of total) ·N2
1.5%
2.7%
R&D personnel (% of active population, FTE) ·N2
0.7%
0.5%
Education
Tertiary education attainment, age 25–64 ·N2
24.7%
31.2%
Tertiary attainment, age 25–34 (young talent pool) ·N2
33.2%
41.6%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
3.2%
4.9%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
14.4%
20.4%
Scientists & engineers (% of labour force) ·N2
5.8%
4.2%
Digital
Households with internet access ·N2
—
91.0%
Tourism
Nights spent at tourist accommodation (total)
340,144
352,026
Mobility
Passenger cars per 1,000 inhabitants ·N2
278 /1k
492 /1k
Road freight loaded (annual, thousand tonnes)
1,570 kt
3,877 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
1
1
Motorway density (km per 1,000 km²) ·N2
18 km/1000km²
0 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1
1
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
184
143
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
0
0
Demography
Population aged 15–64 (working age)
79,437
120,027
Population aged 65+
37,824
55,313
Population aged under 15
15,133
25,073
Median age of population
51.4 yrs
50.0 yrs
Old-age dependency ratio (65+ / 15–64)
47.6%
46.1%
Crude rate of total population change
-10.6 /1k
-9.0 /1k
Crude rate of net migration plus adjustment
-1.3 /1k
2.7 /1k
Crude birth rate
5.5 /1k
6.9 /1k
Crude death rate
14.8 /1k
18.7 /1k
Live births
732
1,398
Deaths
1,970
3,765
Total age-dependency ratio (young+old / 15-64)
66.7%
67.0%
Total fertility rate (births per woman)
1.25
1.55
Population density (persons per km²)
30 /km²
44 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
114,665
109,315
Social
At risk of poverty or social exclusion (AROPE) ·N2
27.4%
33.8%
Life expectancy at birth ·N2
82.1 yrs
74.9 yrs
At-risk-of-poverty rate (regional) ·N2
24.6%
23.5%
Health
Hospital beds per 100k inhabitants ·N2
211 /100k
798 /100k
Mortality, all causes (age-standardised rate) ·N2
1,039 /100k
2,261 /100k
Cancer mortality (age-standardised rate) ·N2
222 /100k
223 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.5 /100k
0.0 /100k
Robberies per 100k inhabitants
12.7 /100k
10.9 /100k
Burglaries per 100k inhabitants
182 /100k
26.7 /100k
Thefts per 100k inhabitants
461 /100k
384 /100k
Road traffic deaths per million inhabitants ·N2
113 /M
76 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
-0.07
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
0.25
Rule of law, WGI score -2.5..2.5 (country)
0.49
-0.10
Control of corruption, WGI score -2.5..2.5 (country)
0.32
-0.14
Political stability & absence of violence, WGI score (country)
0.24
0.33
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.135/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.041/kWh
Climate
Elevation at region centroid (Copernicus DEM)
162 m
99 m
Hot days ≥30°C (avg per year)
87 days/yr
40 days/yr
Frost days ≤0°C (avg per year)
15 days/yr
58 days/yr
Heavy-precipitation days ≥20mm (avg per year)
8 days/yr
4 days/yr