NUTS-3 ES612 · Spain
Population
1,261,4202025
GDP
€26,784M2023
Unemployment· NUTS-2 source
15.2%2025
Employment· NUTS-2 source
65.8%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
7,442.6 km²
TerraSight · Compare
2 regions side-by-side
ES612 · ES709
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Tenerife (Opportunity 53). Runner-up: Cádiz (52). Contrarian pick: Cádiz — leads the set on Cost advantage (EU pctl 78).
#1Tenerife
Strengths
Demographic outlook (98) · Energy cost (95)
Red flags
Labour market (EU bottom 15%)
Industrial base (EU bottom 15%)
#2Cádiz
Strengths
Energy cost (95) · Cost advantage (78)
Red flags
Labour market (EU bottom 15%)
Industrial base (EU bottom 15%)
Why you might not pick Tenerife
Labour market (EU bottom 15%); Industrial base (EU bottom 15%). Its weakest dimension is Industrial base (EU pctl 2) — Cádiz may suit a mandate that weights that higher.
How robust is this recommendation?
Tenerife leads under all four archetype mandates — the recommendation is weight-stable.
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
52.1
52.5
Resilience Indexdiversification, stability, buffers
37.8
30.5
Quality of Lifeprosperity, health, safety, environment
38.3
43.0
Clean AirPM2.5 / PM10 / NO₂ inverted
34.7
28.7
Connectivitytransit + air + market access
23.0
47.3
Talent & Human Capitalskills, learning, knowledge workers
46.8
38.8
Growth Momentumrecent GDP / employment trajectory
60.0
69.0
Trajectories · 2012–latest
Real GDP (2020 prices)
3.8% 5y
6.1% 5y
Population
0.2% 5y
0.8% 5y
Unemployment rate
7.2% 5y
9.8% 5y
Derived comparisons
GDP per capita
€21,233
€24,137
Population density
169 /km²
475 /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)
€24,441M
€21,947M
GVA — agriculture, forestry & fishing (A)
€844M
€358M
GVA — industry (B–E)
€3,445M
€1,453M
GVA — manufacturing (C)
€1,685M
€611M
GVA — construction (F)
€1,447M
€1,141M
GVA — wholesale/retail, transport, ICT (G–J)
€6,139M
€7,511M
Net disposable household income per capita (NUTS-2 source) ·N2
€14,700
€15,300
GDP per capita in PPS (purchasing-power adjusted)
23,900 PPS
27,400 PPS
GDP per capita (current prices, EUR)
€21,300
€24,500
Gross fixed capital formation — investment (total economy) ·N2
€38,703M
€8,461M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€2,996M
€298M
Compensation of employees (total wage bill) ·N2
€98,864M
€28,532M
GVA — finance, real estate & professional (K–N)
€5,848M
€5,816M
GVA — public admin, health & education (O–U)
€6,718M
€5,669M
Real GDP (constant 2020 prices, incl. short-term forecast)
€24,638M
€22,204M
Labour productivity per person employed (EUR)
€67,873
€65,034
Gross fixed capital formation, NUTS-3 (ARDECO)
€5,897M
€4,147M
Labour market
Employment, total persons
423,100
385,400
Self-employed persons
64,200
60,900
Employment in manufacturing (C)
29,900
12,500
Activity rate, 15–64 (NUTS-2 source) ·N2
71.4%
73.1%
Youth unemployment rate (15–24) ·N2
32.7%
29.5%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
15.2%
13.5%
Labour force aged 15+ (ARDECO)
613,300
503,300
Business demography
Active enterprises (business economy, all sizes)
69,086
68,658
Enterprise births
6,848
7,157
Enterprise deaths
5,958
6,105
3-year enterprise survival rate
4.5%
4.4%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.1%
0.6%
Employment in high-tech sectors (% of total) ·N2
3.0%
2.1%
R&D personnel (% of active population, FTE) ·N2
0.8%
0.4%
Education
Tertiary education attainment, age 25–64 ·N2
36.7%
36.3%
Tertiary attainment, age 25–34 (young talent pool) ·N2
45.4%
43.7%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
13.7%
13.1%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
21.4%
17.6%
Scientists & engineers (% of labour force) ·N2
5.7%
5.8%
Digital
Households with internet access ·N2
96.5%
97.3%
Tourism
Nights spent at tourist accommodation (total)
11,137,847
35,774,106
Mobility
Passenger cars per 1,000 inhabitants ·N2
535 /1k
609 /1k
Road freight loaded (annual, thousand tonnes)
26,508 kt
18,756 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
36
3,836
Motorway density (km per 1,000 km²) ·N2
31 km/1000km²
39 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
3
397
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
66
27
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
3
2
Demography
Population aged 15–64 (working age)
849,694
677,930
Population aged 65+
242,742
180,037
Population aged under 15
168,984
108,502
Median age of population
45.4 yrs
45.8 yrs
Old-age dependency ratio (65+ / 15–64)
28.6%
26.6%
Crude rate of total population change
2.1 /1k
7.6 /1k
Crude rate of net migration plus adjustment
4.2 /1k
10.6 /1k
Crude birth rate
6.3 /1k
5.0 /1k
Crude death rate
8.4 /1k
8.0 /1k
Live births
7,992
4,813
Deaths
10,597
7,733
Total age-dependency ratio (young+old / 15-64)
48.5%
42.6%
Total fertility rate (births per woman)
1.11
0.78
Population density (persons per km²)
172 /km²
474 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
941,850
1,165,050
Social
At risk of poverty or social exclusion (AROPE) ·N2
34.7%
31.2%
Life expectancy at birth ·N2
82.9 yrs
82.9 yrs
At-risk-of-poverty rate (regional) ·N2
27.7%
22.9%
Health
Hospital beds per 100k inhabitants ·N2
217 /100k
290 /100k
Mortality, all causes (age-standardised rate) ·N2
972 /100k
826 /100k
Cancer mortality (age-standardised rate) ·N2
217 /100k
214 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.9 /100k
0.8 /100k
Robberies per 100k inhabitants
58.5 /100k
88.1 /100k
Burglaries per 100k inhabitants
211 /100k
210 /100k
Thefts per 100k inhabitants
280 /100k
509 /100k
Road traffic deaths per million inhabitants ·N2
41 /M
31 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.14
1.14
Regulatory quality, WGI score -2.5..2.5 (country)
0.84
0.84
Rule of law, WGI score -2.5..2.5 (country)
0.96
0.96
Control of corruption, WGI score -2.5..2.5 (country)
0.78
0.78
Political stability & absence of violence, WGI score (country)
0.16
0.16
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.106/kWh
€0.106/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.048/kWh
€0.048/kWh
Climate
Elevation at region centroid (Copernicus DEM)
66 m
2,541 m
Hot days ≥30°C (avg per year)
73 days/yr
1 days/yr
Frost days ≤0°C (avg per year)
0 days/yr
82 days/yr
Heavy-precipitation days ≥20mm (avg per year)
7 days/yr
6 days/yr