NUTS-3 FI198 · Finland
Population
274,1122025
GDP
€10,933M2024
Unemployment· NUTS-2 source
9.2%2025
Employment· NUTS-2 source
76.9%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
19,007.4 km²
TerraSight · Compare
2 regions side-by-side
FI198 · SE311
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Värmlands län (Opportunity 40). Runner-up: Keski-Suomi (37). Contrarian pick: Keski-Suomi — leads the set on Energy cost (EU pctl 99).
Why you might not pick Värmlands län
Connectivity (EU bottom 15%). Its weakest dimension is Connectivity (EU pctl 14) — Keski-Suomi may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Värmlands län · Manufacturing → Värmlands län · Office → Keski-Suomi · Residential → Värmlands län.
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
36.7
40.0
Resilience Indexdiversification, stability, buffers
65.5
50.3
Quality of Lifeprosperity, health, safety, environment
57.1
51.2
Clean AirPM2.5 / PM10 / NO₂ inverted
76.3
70.0
Connectivitytransit + air + market access
33.3
14.0
Talent & Human Capitalskills, learning, knowledge workers
71.5
79.0
Growth Momentumrecent GDP / employment trajectory
17.8
24.8
Trajectories · 2012–latest
Real GDP (2020 prices)
—
1.3% 5y
Population
0.1% 5y
0.1% 5y
Unemployment rate
—
1.8% 5y
Derived comparisons
GDP per capita
€39,885
€42,262
Population density
14 /km²
13 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 90 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€9,562M
€10,726M
GVA — agriculture, forestry & fishing (A)
€462M
€305M
GVA — industry (B–E)
€1,862M
€2,481M
GVA — manufacturing (C)
€1,603M
€1,738M
GVA — construction (F)
€575M
€885M
GVA — wholesale/retail, transport, ICT (G–J)
€1,701M
€2,513M
Net disposable household income per capita (NUTS-2 source) ·N2
€22,800
€21,700
GDP per capita in PPS (purchasing-power adjusted)
33,200 PPS
35,500 PPS
GDP per capita (current prices, EUR)
€39,900
€42,000
Gross fixed capital formation — investment (total economy) ·N2
€13,845M
€7,213M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€2,726M
€1,289M
Compensation of employees (total wage bill) ·N2
€29,084M
€17,269M
GVA — real estate activities (L)
€1,470M
€609M
GVA — information & communication (J)
€571M
€278M
GVA — finance, real estate & professional (K–N)
€2,245M
€1,521M
GVA — public admin, health & education (O–U)
€2,718M
€3,020M
Real GDP (constant 2020 prices, incl. short-term forecast)
—
€10,937M
Labour productivity per person employed (EUR)
—
€96,105
Gross fixed capital formation, NUTS-3 (ARDECO)
—
€2,755M
Labour market
Employment, total persons
116,350
132,580
Self-employed persons
12,320
7,300
Employment in manufacturing (C)
16,520
17,000
Activity rate, 15–64 (NUTS-2 source) ·N2
80.0%
83.2%
Youth unemployment rate (15–24) ·N2
22.0%
23.7%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
—
8.3%
Labour force aged 15+ (ARDECO)
—
147,600
Business demography
Active enterprises (business economy, all sizes)
19,092
19,424
Enterprise births
1,857
1,391
Enterprise deaths
1,702
1,211
3-year enterprise survival rate
5.7%
4.9%
Innovation & R&D
R&D expenditure as % of GDP ·N2
3.0%
1.0%
Employment in high-tech sectors (% of total) ·N2
4.8%
3.9%
R&D personnel (% of active population, FTE) ·N2
1.9%
0.6%
Education
Tertiary education attainment, age 25–64 ·N2
41.5%
41.4%
Tertiary attainment, age 25–34 (young talent pool) ·N2
36.0%
45.7%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
27.0%
34.2%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
28.6%
28.7%
Scientists & engineers (% of labour force) ·N2
10.3%
9.7%
Digital
Households with internet access ·N2
96.9%
93.8%
Tourism
Nights spent at tourist accommodation (total)
976,120
1,972,828
Mobility
Passenger cars per 1,000 inhabitants ·N2
729 /1k
558 /1k
Road freight loaded (annual, thousand tonnes)
11,631 kt
15,398 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
2,169
36
Motorway density (km per 1,000 km²) ·N2
2 km/1000km²
1 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
791
13
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
122
127
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)
166,497
167,707
Population aged 65+
68,579
71,235
Population aged under 15
39,036
44,442
Median age of population
44.0 yrs
44.8 yrs
Old-age dependency ratio (65+ / 15–64)
41.2%
42.5%
Crude rate of total population change
3.1 /1k
-0.6 /1k
Crude rate of net migration plus adjustment
6.3 /1k
2.4 /1k
Crude birth rate
7.3 /1k
8.0 /1k
Crude death rate
10.5 /1k
11.0 /1k
Live births
1,998
2,279
Deaths
2,874
3,113
Total age-dependency ratio (young+old / 15-64)
64.6%
69.0%
Total fertility rate (births per woman)
1.24
1.42
Population density (persons per km²)
18 /km²
16 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
—
323,277
Social
At risk of poverty or social exclusion (AROPE) ·N2
—
19.3%
Life expectancy at birth ·N2
82.3 yrs
83.3 yrs
At-risk-of-poverty rate (regional) ·N2
—
17.2%
Health
Hospital beds per 100k inhabitants ·N2
269 /100k
182 /100k
Mortality, all causes (age-standardised rate) ·N2
903 /100k
902 /100k
Cancer mortality (age-standardised rate) ·N2
217 /100k
204 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.8 /100k
—
Robberies per 100k inhabitants
44.3 /100k
19.8 /100k
Burglaries per 100k inhabitants
85.3 /100k
628 /100k
Thefts per 100k inhabitants
1,826 /100k
1,882 /100k
Road traffic deaths per million inhabitants ·N2
41 /M
27 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
—
1.91
Regulatory quality, WGI score -2.5..2.5 (country)
—
1.62
Rule of law, WGI score -2.5..2.5 (country)
—
1.74
Control of corruption, WGI score -2.5..2.5 (country)
—
2.03
Political stability & absence of violence, WGI score (country)
—
0.94
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.067/kWh
€0.085/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.065/kWh
€0.073/kWh
Housing market
Dwelling price per m² — old housing-company dwellings (Statistics Finland)
€1,701/m²
—
Average sold price, tenant-owned flats (SEK thousands, Statistics Sweden)
—
1,290 kSEK
Climate
Elevation at region centroid (Copernicus DEM)
108 m
175 m
Hot days ≥30°C (avg per year)
1 days/yr
0 days/yr
Frost days ≤0°C (avg per year)
162 days/yr
131 days/yr
Heavy-precipitation days ≥20mm (avg per year)
2 days/yr
3 days/yr