NUTS-3 ES533 · Spain
Population
102,8212025
GDP
€2,548M2023
Unemployment· NUTS-2 source
8.8%2025
Employment· NUTS-2 source
75.5%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
700.2 km²
TerraSight · Compare
2 regions side-by-side
ES533 · EL433
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Menorca (Opportunity 35). Runner-up: Ρέθυμνο (29). Contrarian pick: Ρέθυμνο — leads the set on Demographic outlook (EU pctl 88).
#2Ρέθυμνο
Strengths
Demographic outlook (88) · Cost advantage (81)
Red flags
Economic base (EU bottom 15%)
Industrial base (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Menorca
Industrial base (EU bottom 15%). Its weakest dimension is Industrial base (EU pctl 8) — Ρέθυμνο may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Ρέθυμνο · Manufacturing → Menorca · Office → Menorca · Residential → Ρέθυμνο.
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
34.5
29.4
Resilience Indexdiversification, stability, buffers
31.0
21.8
Quality of Lifeprosperity, health, safety, environment
44.9
43.5
Clean AirPM2.5 / PM10 / NO₂ inverted
44.3
—
Connectivitytransit + air + market access
32.7
28.0
Talent & Human Capitalskills, learning, knowledge workers
48.5
17.8
Growth Momentumrecent GDP / employment trajectory
78.2
68.0
Trajectories · 2012–latest
Real GDP (2020 prices)
7.9% 5y
5.9% 5y
Population
1.4% 5y
0.2% 5y
Unemployment rate
11.4% 5y
21.5% 5y
Derived comparisons
GDP per capita
€24,785
€18,073
Population density
147 /km²
57 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 89 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€2,316M
€1,352M
GVA — agriculture, forestry & fishing (A)
€22M
€165M
GVA — industry (B–E)
€232M
€98M
GVA — manufacturing (C)
€129M
€64M
GVA — construction (F)
€225M
€46M
GVA — wholesale/retail, transport, ICT (G–J)
€915M
€541M
Net disposable household income per capita (NUTS-2 source) ·N2
€19,100
€12,800
GDP per capita in PPS (purchasing-power adjusted)
28,600 PPS
22,000 PPS
GDP per capita (current prices, EUR)
€25,500
€17,900
Gross fixed capital formation — investment (total economy) ·N2
€9,927M
€2,427M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€144M
€104M
Compensation of employees (total wage bill) ·N2
€19,108M
€4,111M
GVA — real estate activities (L)
—
€190M
GVA — information & communication (J)
—
€15M
GVA — finance, real estate & professional (K–N)
€499M
€290M
GVA — public admin, health & education (O–U)
€422M
€212M
Real GDP (constant 2020 prices, incl. short-term forecast)
€2,355M
€1,383M
Labour productivity per person employed (EUR)
€78,446
€42,367
Gross fixed capital formation, NUTS-3 (ARDECO)
€691M
€383M
Labour market
Employment, total persons
35,000
40,100
Self-employed persons
7,000
14,440
Employment in manufacturing (C)
2,900
1,730
Activity rate, 15–64 (NUTS-2 source) ·N2
77.3%
72.0%
Youth unemployment rate (15–24) ·N2
17.1%
12.9%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
8.8%
5.2%
Labour force aged 15+ (ARDECO)
55,800
40,400
Business demography
Active enterprises (business economy, all sizes)
8,589
8,128
Enterprise births
810
581
Enterprise deaths
645
221
3-year enterprise survival rate
4.1%
4.0%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.5%
1.7%
Employment in high-tech sectors (% of total) ·N2
2.6%
2.8%
R&D personnel (% of active population, FTE) ·N2
0.5%
1.7%
Education
Tertiary education attainment, age 25–64 ·N2
35.2%
28.5%
Tertiary attainment, age 25–34 (young talent pool) ·N2
43.2%
36.5%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
16.7%
3.1%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
20.5%
17.7%
Scientists & engineers (% of labour force) ·N2
6.7%
6.4%
Digital
Households with internet access ·N2
97.9%
—
Tourism
Nights spent at tourist accommodation (total)
6,719,852
6,692,617
Mobility
Passenger cars per 1,000 inhabitants ·N2
616 /1k
500 /1k
Road freight loaded (annual, thousand tonnes)
1,478 kt
1,524 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
1
—
Motorway density (km per 1,000 km²) ·N2
19 km/1000km²
1 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1
—
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
17
51
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
2
Demography
Population aged 15–64 (working age)
71,388
56,015
Population aged 65+
18,910
15,996
Population aged under 15
12,523
13,705
Median age of population
44.8 yrs
42.4 yrs
Old-age dependency ratio (65+ / 15–64)
26.5%
28.6%
Crude rate of total population change
17.1 /1k
5.0 /1k
Crude rate of net migration plus adjustment
18.4 /1k
5.0 /1k
Crude birth rate
6.2 /1k
9.5 /1k
Crude death rate
7.4 /1k
9.5 /1k
Live births
627
815
Deaths
755
810
Total age-dependency ratio (young+old / 15-64)
44.0%
53.0%
Total fertility rate (births per woman)
0.96
1.61
Population density (persons per km²)
147 /km²
57 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
71,808
83,800
Social
At risk of poverty or social exclusion (AROPE) ·N2
15.2%
18.2%
Life expectancy at birth ·N2
83.5 yrs
82.4 yrs
At-risk-of-poverty rate (regional) ·N2
11.6%
12.7%
Health
Hospital beds per 100k inhabitants ·N2
277 /100k
410 /100k
Mortality, all causes (age-standardised rate) ·N2
807 /100k
966 /100k
Cancer mortality (age-standardised rate) ·N2
220 /100k
213 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.0 /100k
0.0 /100k
Robberies per 100k inhabitants
24.7 /100k
0.0 /100k
Burglaries per 100k inhabitants
175 /100k
17.6 /100k
Thefts per 100k inhabitants
241 /100k
205 /100k
Road traffic deaths per million inhabitants ·N2
50 /M
71 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.14
0.56
Regulatory quality, WGI score -2.5..2.5 (country)
0.84
0.42
Rule of law, WGI score -2.5..2.5 (country)
0.96
0.49
Control of corruption, WGI score -2.5..2.5 (country)
0.78
0.32
Political stability & absence of violence, WGI score (country)
0.16
0.24
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.106/kWh
€0.143/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.048/kWh
€0.039/kWh
Climate
Elevation at region centroid (Copernicus DEM)
104 m
609 m
Hot days ≥30°C (avg per year)
35 days/yr
23 days/yr
Frost days ≤0°C (avg per year)
0 days/yr
4 days/yr
Heavy-precipitation days ≥20mm (avg per year)
4 days/yr
6 days/yr