NUTS-3 ES620 · Spain
Population
1,586,9892025
GDP
€39,839M2023
Unemployment· NUTS-2 source
12.1%2025
Employment· NUTS-2 source
69.5%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
11,330.9 km²
TerraSight · Compare
2 regions side-by-side
ES620 · ES532
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Mallorca (Opportunity 59). Runner-up: Murcia (59). Contrarian pick: Murcia — leads the set on Digital readiness (EU pctl 90).
#1Mallorca
Strengths
Demographic outlook (98) · Energy cost (95)
Red flags
Industrial base (EU bottom 15%)
Why you might not pick Mallorca
Industrial base (EU bottom 15%). Its weakest dimension is Industrial base (EU pctl 2) — Murcia may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Murcia · Manufacturing → Murcia · Office → Mallorca · Residential → Mallorca.
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
59.1
59.2
Resilience Indexdiversification, stability, buffers
56.8
29.8
Quality of Lifeprosperity, health, safety, environment
38.3
48.5
Clean AirPM2.5 / PM10 / NO₂ inverted
16.7
46.0
Connectivitytransit + air + market access
29.7
46.3
Talent & Human Capitalskills, learning, knowledge workers
46.3
48.5
Growth Momentumrecent GDP / employment trajectory
73.0
80.4
Trajectories · 2012–latest
Real GDP (2020 prices)
3.9% 5y
7.1% 5y
Population
1.0% 5y
1.2% 5y
Unemployment rate
5.7% 5y
11.5% 5y
Derived comparisons
GDP per capita
€25,103
€34,312
Population density
140 /km²
267 /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)
€36,306M
€30,367M
GVA — agriculture, forestry & fishing (A)
€2,311M
€135M
GVA — industry (B–E)
€7,516M
€1,672M
GVA — manufacturing (C)
€5,676M
€744M
GVA — construction (F)
€2,126M
€2,363M
GVA — wholesale/retail, transport, ICT (G–J)
€9,371M
€10,997M
Net disposable household income per capita (NUTS-2 source) ·N2
€15,800
€19,100
GDP per capita in PPS (purchasing-power adjusted)
28,700 PPS
39,400 PPS
GDP per capita (current prices, EUR)
€25,500
€35,100
Gross fixed capital formation — investment (total economy) ·N2
€7,463M
€9,927M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€1,244M
€144M
Compensation of employees (total wage bill) ·N2
€20,436M
€19,108M
GVA — finance, real estate & professional (K–N)
€7,126M
€9,125M
GVA — public admin, health & education (O–U)
€7,857M
€6,075M
Real GDP (constant 2020 prices, incl. short-term forecast)
€36,831M
€30,792M
Labour productivity per person employed (EUR)
€63,894
€81,394
Gross fixed capital formation, NUTS-3 (ARDECO)
€8,465M
€9,040M
Labour market
Employment, total persons
671,900
441,000
Self-employed persons
99,500
67,300
Employment in manufacturing (C)
77,000
16,600
Activity rate, 15–64 (NUTS-2 source) ·N2
72.6%
77.3%
Youth unemployment rate (15–24) ·N2
25.4%
17.1%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
12.1%
8.8%
Labour force aged 15+ (ARDECO)
792,000
525,300
Business demography
Active enterprises (business economy, all sizes)
99,842
83,485
Enterprise births
9,377
8,848
Enterprise deaths
8,030
6,897
3-year enterprise survival rate
4.4%
4.5%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.1%
0.5%
Employment in high-tech sectors (% of total) ·N2
2.3%
2.6%
R&D personnel (% of active population, FTE) ·N2
1.0%
0.5%
Education
Tertiary education attainment, age 25–64 ·N2
35.2%
35.2%
Tertiary attainment, age 25–34 (young talent pool) ·N2
44.3%
43.2%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
15.8%
16.7%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
20.0%
20.5%
Scientists & engineers (% of labour force) ·N2
5.8%
6.7%
Digital
Households with internet access ·N2
98.4%
97.9%
Tourism
Nights spent at tourist accommodation (total)
5,710,567
55,265,587
Mobility
Passenger cars per 1,000 inhabitants ·N2
543 /1k
616 /1k
Road freight loaded (annual, thousand tonnes)
68,387 kt
17,741 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
30
1,576
Motorway density (km per 1,000 km²) ·N2
54 km/1000km²
19 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
2
162
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
55
15
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
1
Demography
Population aged 15–64 (working age)
1,073,255
672,172
Population aged 65+
270,334
167,508
Population aged under 15
243,400
131,388
Median age of population
42.8 yrs
43.2 yrs
Old-age dependency ratio (65+ / 15–64)
25.2%
24.9%
Crude rate of total population change
11.7 /1k
13.8 /1k
Crude rate of net migration plus adjustment
11.2 /1k
14.0 /1k
Crude birth rate
7.9 /1k
7.4 /1k
Crude death rate
7.4 /1k
7.5 /1k
Live births
12,504
7,125
Deaths
11,708
7,281
Total age-dependency ratio (young+old / 15-64)
47.9%
44.5%
Total fertility rate (births per woman)
1.32
1.11
Population density (persons per km²)
140 /km²
266 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
1,599,781
1,372,937
Social
At risk of poverty or social exclusion (AROPE) ·N2
32.5%
15.2%
Life expectancy at birth ·N2
83.5 yrs
83.5 yrs
At-risk-of-poverty rate (regional) ·N2
26.7%
11.6%
Health
Hospital beds per 100k inhabitants ·N2
293 /100k
277 /100k
Mortality, all causes (age-standardised rate) ·N2
932 /100k
807 /100k
Cancer mortality (age-standardised rate) ·N2
213 /100k
220 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.9 /100k
0.6 /100k
Robberies per 100k inhabitants
137 /100k
116 /100k
Burglaries per 100k inhabitants
396 /100k
271 /100k
Thefts per 100k inhabitants
338 /100k
959 /100k
Road traffic deaths per million inhabitants ·N2
53 /M
50 /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)
630 m
129 m
Hot days ≥30°C (avg per year)
77 days/yr
73 days/yr
Frost days ≤0°C (avg per year)
8 days/yr
0 days/yr
Heavy-precipitation days ≥20mm (avg per year)
4 days/yr
3 days/yr