NUTS-3 EL645 · Greece
Population
37,2052025
GDP
€579M2023
Unemployment· NUTS-2 source
8.5%2025
Employment· NUTS-2 source
73%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
2,128.6 km²
TerraSight · Compare
2 regions side-by-side
EL645 · DK014
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Bornholm (Opportunity 30). Runner-up: Φωκίδα (27). Contrarian pick: Φωκίδα — leads the set on Demographic outlook (EU pctl 95).
#1Bornholm
Strengths
Governance (99) · Talent & skills (98)
Red flags
Cost advantage (EU bottom 15%)
Long-run slide: down 13 EU ranks in real GDP per head since 1995 (relative decline, not absolute)
#2Φωκίδα
Strengths
Demographic outlook (95) · Freight intensity (93)
Red flags
Economic base (EU bottom 15%)
Talent & skills (EU bottom 15%)
Connectivity (EU bottom 15%)
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Bornholm
Cost advantage (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 Cost advantage (EU pctl 7) — Φωκίδα may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Φωκίδα · Manufacturing → Bornholm · Office → Bornholm · Residential → Bornholm.
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
26.9
29.8
Resilience Indexdiversification, stability, buffers
41.3
60.8
Quality of Lifeprosperity, health, safety, environment
31.5
75.9
Connectivitytransit + air + market access
8.5
43.0
Talent & Human Capitalskills, learning, knowledge workers
11.0
98.3
Growth Momentumrecent GDP / employment trajectory
62.0
18.4
Trajectories · 2012–latest
Real GDP (2020 prices)
3.5% 5y
0.4% 5y
Population
0.2% 5y
0.3% 5y
Unemployment rate
15.0% 5y
1.2% 5y
Derived comparisons
GDP per capita
€15,559
€43,128
Population density
17 /km²
66 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 87 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€505M
€1,493M
GVA — agriculture, forestry & fishing (A)
€62M
€72M
GVA — industry (B–E)
€117M
€197M
GVA — manufacturing (C)
€39M
€160M
GVA — construction (F)
€6M
€115M
GVA — wholesale/retail, transport, ICT (G–J)
€99M
€253M
Net disposable household income per capita (NUTS-2 source) ·N2
€11,400
€30,400
GDP per capita in PPS (purchasing-power adjusted)
17,100 PPS
33,200 PPS
GDP per capita (current prices, EUR)
€13,900
€42,900
Gross fixed capital formation — investment (total economy) ·N2
€2,619M
€37,409M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€156M
€9,284M
Compensation of employees (total wage bill) ·N2
€3,486M
€83,324M
GVA — real estate activities (L)
€77M
€267M
GVA — information & communication (J)
€5M
€21M
GVA — finance, real estate & professional (K–N)
€101M
€346M
GVA — public admin, health & education (O–U)
€121M
€511M
Real GDP (constant 2020 prices, incl. short-term forecast)
€530M
€1,535M
Labour productivity per person employed (EUR)
€43,459
€94,150
Gross fixed capital formation, NUTS-3 (ARDECO)
€177M
€369M
Labour market
Employment, total persons
14,660
18,490
Self-employed persons
5,560
1,700
Employment in manufacturing (C)
510
1,650
Activity rate, 15–64 (NUTS-2 source) ·N2
70.4%
84.9%
Youth unemployment rate (15–24) ·N2
18.5%
13.9%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
8.6%
6.8%
Labour force aged 15+ (ARDECO)
16,300
19,100
Business demography
Active enterprises (business economy, all sizes)
2,423
2,092
Enterprise births
145
139
Enterprise deaths
93
252
3-year enterprise survival rate
3.8%
3.6%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.1%
4.6%
Employment in high-tech sectors (% of total) ·N2
1.5%
11.2%
R&D personnel (% of active population, FTE) ·N2
0.7%
3.9%
Education
Tertiary education attainment, age 25–64 ·N2
24.7%
58.2%
Tertiary attainment, age 25–34 (young talent pool) ·N2
33.2%
64.7%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
3.2%
35.0%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
14.4%
39.4%
Scientists & engineers (% of labour force) ·N2
5.8%
14.8%
Digital
Households with internet access ·N2
—
97.8%
Tourism
Nights spent at tourist accommodation (total)
509,730
867,581
Mobility
Passenger cars per 1,000 inhabitants ·N2
278 /1k
416 /1k
Road freight loaded (annual, thousand tonnes)
2,168 kt
695 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
—
466
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
—
1,193
Motorway density (km per 1,000 km²) ·N2
18 km/1000km²
69 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
163
105
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)
21,372
21,520
Population aged 65+
12,252
12,327
Population aged under 15
3,581
5,209
Median age of population
54.1 yrs
53.2 yrs
Old-age dependency ratio (65+ / 15–64)
57.3%
57.3%
Crude rate of total population change
12.5 /1k
-9.4 /1k
Crude rate of net migration plus adjustment
19.5 /1k
-1.3 /1k
Crude birth rate
3.9 /1k
7.0 /1k
Crude death rate
11.0 /1k
15.0 /1k
Live births
145
273
Deaths
405
588
Total age-dependency ratio (young+old / 15-64)
74.1%
81.5%
Total fertility rate (births per woman)
0.89
1.67
Population density (persons per km²)
18 /km²
68 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
30,112
33,892
Social
At risk of poverty or social exclusion (AROPE) ·N2
27.4%
18.9%
Life expectancy at birth ·N2
82.1 yrs
82.4 yrs
At-risk-of-poverty rate (regional) ·N2
24.6%
12.8%
Health
Hospital beds per 100k inhabitants ·N2
211 /100k
233 /100k
Mortality, all causes (age-standardised rate) ·N2
1,039 /100k
979 /100k
Cancer mortality (age-standardised rate) ·N2
222 /100k
250 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.0 /100k
0.0 /100k
Robberies per 100k inhabitants
2.7 /100k
7.6 /100k
Burglaries per 100k inhabitants
120 /100k
107 /100k
Thefts per 100k inhabitants
327 /100k
718 /100k
Road traffic deaths per million inhabitants ·N2
113 /M
12 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
2.10
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
2.02
Rule of law, WGI score -2.5..2.5 (country)
0.49
2.00
Control of corruption, WGI score -2.5..2.5 (country)
0.32
2.30
Political stability & absence of violence, WGI score (country)
0.24
0.84
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.122/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.043/kWh
Housing market
Average sold price, one-family houses (DKK thousands, Statistics Denmark)
—
1,482 kDKK
Climate
Elevation at region centroid (Copernicus DEM)
1,521 m
112 m
Hot days ≥30°C (avg per year)
2 days/yr
1 days/yr
Frost days ≤0°C (avg per year)
107 days/yr
41 days/yr
Heavy-precipitation days ≥20mm (avg per year)
11 days/yr
2 days/yr