Skip to content
TerraSightEUSign in
TerraSight · Compare

2 regions side-by-side

FI1B1 · NO081

← Back to scoutQuery URLSlug URL
NUTS-3 FI1B1 · Finland
Population
1,782,3002025
GDP
€108,496M2024
Unemployment· NUTS-2 source
10.6%2025
Employment· NUTS-2 source
77%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
9,537.5 km²
NUTS-3 NO081 · Norway
Population
724,2902025
GDP
€70,970M2021
Unemployment· NUTS-2 source
5%2025
Employment· NUTS-2 source
80.3%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
456.2 km²

Decision brief

Download brief (PDF)mandate-neutral · ranked by overall opportunity

Best overall fit: Helsinki-Uusimaa (Opportunity 60). Runner-up: Oslo (56). Contrarian pick: Oslo — leads the set on Energy cost (EU pctl 100).

Strengths
Energy cost (99) · Governance (98)
No red flags
Strengths
Energy cost (100) · Economic base (97)
Red flags
Industrial base (EU bottom 15%)
Why you might not pick Helsinki-Uusimaa
Its weakest dimension is Cost advantage (EU pctl 19) — Oslo may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: LogisticsOslo · ManufacturingOslo · OfficeHelsinki-Uusimaa · ResidentialHelsinki-Uusimaa.
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
59.6
56.3
Resilience Indexdiversification, stability, buffers
72.3
52.5
Quality of Lifeprosperity, health, safety, environment
66.4
66.4
Clean AirPM2.5 / PM10 / NO₂ inverted
78.7
28.7
Connectivitytransit + air + market access
63.3
48.0
Talent & Human Capitalskills, learning, knowledge workers
88.3
95.3
Growth Momentumrecent GDP / employment trajectory
26.8
29.6

Trajectories · 2012–latest

Real GDP (2020 prices)
0.3% 5y
1.8% 5y
Population
1.1% 5y
0.9% 5y
Unemployment rate
8.0% 5y
0.4% 5y

Derived comparisons

GDP per capita
€60,874
€97,985
Population density
187 /km²
1,588 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only

All indicators · 91 metrics (Eurostat, all-EU)

Economy
Gross value added, total (current prices)
€94,887M
€63,921M
GVA — agriculture, forestry & fishing (A)
€302M
GVA — industry (B–E)
€14,949M
GVA — manufacturing (C)
€11,478M
€1,571M
GVA — construction (F)
€4,868M
€3,526M
GVA — wholesale/retail, transport, ICT (G–J)
€25,389M
€15,724M
Net disposable household income per capita (NUTS-2 source) ·N2
€28,900
€28,600
GDP per capita in PPS (purchasing-power adjusted)
51,000 PPS
73,400 PPS
GDP per capita (current prices, EUR)
€61,300
€101,700
Gross fixed capital formation — investment (total economy) ·N2
€26,915M
€27,753M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€3,360M
€831M
Compensation of employees (total wage bill) ·N2
€54,689M
€65,746M
GVA — real estate activities (L)
€10,083M
€6,676M
GVA — information & communication (J)
€9,876M
€7,027M
GVA — finance, real estate & professional (K–N)
€26,974M
€24,581M
GVA — public admin, health & education (O–U)
€22,406M
€17,127M
Real GDP (constant 2020 prices, incl. short-term forecast)
€95,396M
€82,689M
Labour productivity per person employed (EUR)
€111,045
€148,334
Gross fixed capital formation, NUTS-3 (ARDECO)
€25,892M
€18,446M
Labour market
Employment, total persons
997,840
496,000
Self-employed persons
78,690
Employment in manufacturing (C)
81,400
12,000
Activity rate, 15–64 (NUTS-2 source) ·N2
81.1%
81.4%
Youth unemployment rate (15–24) ·N2
22.9%
15.6%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
10.6%
4.9%
Labour force aged 15+ (ARDECO)
989,400
437,700
Business demography
Active enterprises (business economy, all sizes)
170,958
Enterprise births
16,911
Enterprise deaths
16,078
3-year enterprise survival rate
6.0%
Innovation & R&D
R&D expenditure as % of GDP ·N2
3.9%
2.9%
Employment in high-tech sectors (% of total) ·N2
9.9%
7.8%
R&D personnel (% of active population, FTE) ·N2
2.9%
2.3%
Education
Tertiary education attainment, age 25–64 ·N2
48.1%
56.5%
Tertiary attainment, age 25–34 (young talent pool) ·N2
43.4%
63.5%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
30.8%
21.7%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
34.6%
37.5%
Scientists & engineers (% of labour force) ·N2
14.3%
13.8%
Digital
Households with internet access ·N2
99.0%
99.0%
Tourism
Nights spent at tourist accommodation (total)
7,319,289
6,929,404
Mobility
Passenger cars per 1,000 inhabitants ·N2
542 /1k
494 /1k
Road freight loaded (annual, thousand tonnes)
40,744 kt
24,541 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
7,876
1,872
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
442
259
Motorway density (km per 1,000 km²) ·N2
35 km/1000km²
12 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
18
31
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)
1,179,539
517,246
Population aged 65+
327,786
96,968
Population aged under 15
274,975
110,076
Median age of population
40.4 yrs
36.4 yrs
Old-age dependency ratio (65+ / 15–64)
27.8%
18.7%
Crude rate of total population change
12.9 /1k
9.1 /1k
Crude rate of net migration plus adjustment
11.5 /1k
2.0 /1k
Crude birth rate
9.1 /1k
12.6 /1k
Crude death rate
7.8 /1k
5.5 /1k
Live births
16,163
9,117
Deaths
13,817
3,944
Total age-dependency ratio (young+old / 15-64)
51.1%
40.0%
Total fertility rate (births per woman)
1.24
1.33
Population density (persons per km²)
195 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
1,899,420
Social
At risk of poverty or social exclusion (AROPE) ·N2
15.5%
15.3%
Life expectancy at birth ·N2
82.8 yrs
83.4 yrs
At-risk-of-poverty rate (regional) ·N2
10.8%
10.8%
Health
Hospital beds per 100k inhabitants ·N2
200 /100k
324 /100k
Mortality, all causes (age-standardised rate) ·N2
896 /100k
823 /100k
Cancer mortality (age-standardised rate) ·N2
209 /100k
206 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.5 /100k
0.4 /100k
Robberies per 100k inhabitants
72.0 /100k
74.0 /100k
Burglaries per 100k inhabitants
114 /100k
Thefts per 100k inhabitants
3,042 /100k
4,135 /100k
Road traffic deaths per million inhabitants ·N2
16 /M
15 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.90
1.82
Regulatory quality, WGI score -2.5..2.5 (country)
1.91
1.57
Rule of law, WGI score -2.5..2.5 (country)
1.99
1.94
Control of corruption, WGI score -2.5..2.5 (country)
2.19
2.03
Political stability & absence of violence, WGI score (country)
1.09
0.92
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.067/kWh
€0.064/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.065/kWh
Housing market
Dwelling price per m² — old housing-company dwellings (Statistics Finland)
€3,826/m²
Dwelling price per m² (NOK, all types, Statistics Norway)
98,381 NOK/m²
Climate
Elevation at region centroid (Copernicus DEM)
66 m
176 m
Hot days ≥30°C (avg per year)
1 days/yr
0 days/yr
Frost days ≤0°C (avg per year)
137 days/yr
137 days/yr
Heavy-precipitation days ≥20mm (avg per year)
3 days/yr
9 days/yr