NUTS-3 ES704 · Spain
Population
129,0802025
GDP
€3,057M2023
Unemployment· NUTS-2 source
13.5%2025
Employment· NUTS-2 source
67.7%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
1,661 km²
TerraSight · Compare
2 regions side-by-side
ES704 · ES708
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Lanzarote (Opportunity 37). Runner-up: Fuerteventura (34). Contrarian pick: Fuerteventura — leads the set on Demographic outlook (EU pctl 99).
Strengths
Energy cost (95) · Demographic outlook (93)
Red flags
Labour market (EU bottom 15%)
Industrial base (EU bottom 15%)
Strengths
Demographic outlook (99) · Energy cost (95)
Red flags
Labour market (EU bottom 15%)
Industrial base (EU bottom 15%)
Long-run slide: down 19 EU ranks in real GDP per head since 1995 (relative decline, not absolute)
Why you might not pick Lanzarote
Labour market (EU bottom 15%); Industrial base (EU bottom 15%). Its weakest dimension is Industrial base (EU pctl 1) — Fuerteventura may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Fuerteventura · Manufacturing → Fuerteventura · Office → Lanzarote · Residential → Fuerteventura.
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
34.0
36.9
Resilience Indexdiversification, stability, buffers
26.0
27.3
Quality of Lifeprosperity, health, safety, environment
40.7
44.4
Clean AirPM2.5 / PM10 / NO₂ inverted
44.0
35.7
Connectivitytransit + air + market access
32.0
32.7
Talent & Human Capitalskills, learning, knowledge workers
38.8
38.8
Growth Momentumrecent GDP / employment trajectory
78.2
77.2
Trajectories · 2012–latest
Real GDP (2020 prices)
9.4% 5y
8.8% 5y
Population
1.1% 5y
1.6% 5y
Unemployment rate
9.7% 5y
9.8% 5y
Derived comparisons
GDP per capita
€23,686
€25,608
Population density
78 /km²
197 /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)
€2,878M
€4,023M
GVA — agriculture, forestry & fishing (A)
€27M
€22M
GVA — industry (B–E)
€129M
€196M
GVA — manufacturing (C)
€50M
€79M
GVA — construction (F)
€178M
€241M
GVA — wholesale/retail, transport, ICT (G–J)
€1,350M
€1,820M
Net disposable household income per capita (NUTS-2 source) ·N2
€15,300
€15,300
GDP per capita in PPS (purchasing-power adjusted)
27,400 PPS
29,800 PPS
GDP per capita (current prices, EUR)
€24,400
€26,500
Gross fixed capital formation — investment (total economy) ·N2
€8,461M
€8,461M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€298M
€298M
Compensation of employees (total wage bill) ·N2
€28,532M
€28,532M
GVA — finance, real estate & professional (K–N)
€633M
€973M
GVA — public admin, health & education (O–U)
€562M
€771M
Real GDP (constant 2020 prices, incl. short-term forecast)
€2,910M
€4,068M
Labour productivity per person employed (EUR)
€62,333
€63,233
Gross fixed capital formation, NUTS-3 (ARDECO)
€544M
€760M
Labour market
Employment, total persons
52,700
72,600
Self-employed persons
7,800
10,600
Employment in manufacturing (C)
900
1,400
Activity rate, 15–64 (NUTS-2 source) ·N2
73.1%
73.1%
Youth unemployment rate (15–24) ·N2
29.5%
29.5%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
13.6%
13.5%
Labour force aged 15+ (ARDECO)
70,800
90,300
Business demography
Active enterprises (business economy, all sizes)
9,292
12,182
Enterprise births
1,131
1,267
Enterprise deaths
821
959
3-year enterprise survival rate
4.5%
3.8%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.6%
0.6%
Employment in high-tech sectors (% of total) ·N2
2.1%
2.1%
R&D personnel (% of active population, FTE) ·N2
0.4%
0.4%
Education
Tertiary education attainment, age 25–64 ·N2
36.3%
36.3%
Tertiary attainment, age 25–34 (young talent pool) ·N2
43.7%
43.7%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
13.1%
13.1%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
17.6%
17.6%
Scientists & engineers (% of labour force) ·N2
5.8%
5.8%
Digital
Households with internet access ·N2
97.3%
97.3%
Tourism
Nights spent at tourist accommodation (total)
15,743,160
18,702,161
Mobility
Passenger cars per 1,000 inhabitants ·N2
609 /1k
609 /1k
Road freight loaded (annual, thousand tonnes)
3,173 kt
2,683 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
39 km/1000km²
39 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.
16
11
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
2
2
Demography
Population aged 15–64 (working age)
95,341
121,645
Population aged 65+
16,814
23,806
Population aged under 15
16,925
21,427
Median age of population
42.3 yrs
42.8 yrs
Old-age dependency ratio (65+ / 15–64)
17.6%
19.6%
Crude rate of total population change
18.8 /1k
22.1 /1k
Crude rate of net migration plus adjustment
16.6 /1k
21.0 /1k
Crude birth rate
6.8 /1k
6.7 /1k
Crude death rate
4.6 /1k
5.5 /1k
Live births
866
1,099
Deaths
588
912
Total age-dependency ratio (young+old / 15-64)
35.4%
37.2%
Total fertility rate (births per woman)
0.98
0.98
Population density (persons per km²)
77 /km²
196 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
208,098
163,024
Social
At risk of poverty or social exclusion (AROPE) ·N2
31.2%
31.2%
Life expectancy at birth ·N2
82.9 yrs
82.9 yrs
At-risk-of-poverty rate (regional) ·N2
22.9%
22.9%
Health
Hospital beds per 100k inhabitants ·N2
290 /100k
290 /100k
Mortality, all causes (age-standardised rate) ·N2
826 /100k
826 /100k
Cancer mortality (age-standardised rate) ·N2
214 /100k
214 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.6 /100k
0.0 /100k
Robberies per 100k inhabitants
68.7 /100k
50.9 /100k
Burglaries per 100k inhabitants
234 /100k
146 /100k
Thefts per 100k inhabitants
501 /100k
384 /100k
Road traffic deaths per million inhabitants ·N2
31 /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)
222 m
361 m
Hot days ≥30°C (avg per year)
26 days/yr
4 days/yr
Frost days ≤0°C (avg per year)
0 days/yr
0 days/yr
Heavy-precipitation days ≥20mm (avg per year)
0 days/yr
1 days/yr