NUTS-3 HU231 · Hungary
Population
351,1582025
GDP
€5,090M2024
Unemployment· NUTS-2 source
6.4%2025
Employment· NUTS-2 source
77.3%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
4,431.7 km²
TerraSight · Compare
2 regions side-by-side
HU231 · EL632
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Baranya (Opportunity 31). Runner-up: Αχαΐα (30). Contrarian pick: Αχαΐα — leads the set on Freight intensity (EU pctl 65).
#1Baranya
Strengths
Cost advantage (95) · Connectivity (63)
Red flags
Economic base (EU bottom 15%)
Talent & skills (EU bottom 15%)
Governance (EU bottom 15%)
Energy cost (EU bottom 15%)
#2Αχαΐα
Strengths
Cost advantage (88) · Freight intensity (65)
Red flags
Economic base (EU bottom 15%)
Demographic outlook (EU bottom 15%)
Labour market (EU bottom 15%)
Talent & skills (EU bottom 15%)
Connectivity (EU bottom 15%)
Governance (EU bottom 15%)
Air quality (EU bottom 15%)
Why you might not pick Baranya
Economic base (EU bottom 15%); Talent & skills (EU bottom 15%); Governance (EU bottom 15%); Energy cost (EU bottom 15%). Its weakest dimension is Energy cost (EU pctl 2) — Αχαΐα may suit a mandate that weights that higher.
How robust is this recommendation?
Baranya 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
31.4
29.6
Resilience Indexdiversification, stability, buffers
35.5
21.3
Quality of Lifeprosperity, health, safety, environment
20.5
23.2
Clean AirPM2.5 / PM10 / NO₂ inverted
—
4.7
Connectivitytransit + air + market access
63.3
7.0
Talent & Human Capitalskills, learning, knowledge workers
11.3
5.8
Growth Momentumrecent GDP / employment trajectory
57.0
54.2
Trajectories · 2012–latest
Real GDP (2020 prices)
1.9% 5y
3.5% 5y
Population
0.6% 5y
0.5% 5y
Unemployment rate
3.1% 5y
14.8% 5y
Derived comparisons
GDP per capita
€14,494
€16,127
Population density
79 /km²
92 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 89 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€4,374M
€4,217M
GVA — agriculture, forestry & fishing (A)
€287M
€196M
GVA — industry (B–E)
€892M
€535M
GVA — manufacturing (C)
€739M
€406M
GVA — construction (F)
€264M
€132M
GVA — wholesale/retail, transport, ICT (G–J)
€734M
€976M
Net disposable household income per capita (NUTS-2 source) ·N2
€9,200
€11,200
GDP per capita in PPS (purchasing-power adjusted)
20,400 PPS
20,400 PPS
GDP per capita (current prices, EUR)
€14,400
€16,600
Gross fixed capital formation — investment (total economy) ·N2
€4,847M
€1,755M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€583M
€79M
Compensation of employees (total wage bill) ·N2
€4,955M
€3,384M
GVA — real estate activities (L)
€530M
€745M
GVA — information & communication (J)
€139M
€102M
GVA — finance, real estate & professional (K–N)
€941M
€1,144M
GVA — public admin, health & education (O–U)
€1,256M
€1,233M
Real GDP (constant 2020 prices, incl. short-term forecast)
€3,729M
€4,377M
Labour productivity per person employed (EUR)
€40,064
€43,475
Gross fixed capital formation, NUTS-3 (ARDECO)
€1,970M
€1,026M
Labour market
Employment, total persons
134,280
120,740
Self-employed persons
13,840
34,410
Employment in manufacturing (C)
23,800
9,080
Activity rate, 15–64 (NUTS-2 source) ·N2
76.7%
66.4%
Youth unemployment rate (15–24) ·N2
19.4%
27.1%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
6.4%
9.7%
Labour force aged 15+ (ARDECO)
173,200
134,800
Business demography
Active enterprises (business economy, all sizes)
30,961
24,246
Enterprise births
2,875
2,124
Enterprise deaths
787
1,030
3-year enterprise survival rate
5.8%
4.8%
Innovation & R&D
R&D expenditure as % of GDP ·N2
0.6%
1.6%
Employment in high-tech sectors (% of total) ·N2
3.2%
1.4%
R&D personnel (% of active population, FTE) ·N2
0.6%
1.4%
Education
Tertiary education attainment, age 25–64 ·N2
21.6%
21.7%
Tertiary attainment, age 25–34 (young talent pool) ·N2
22.0%
26.7%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
9.0%
4.2%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
15.9%
14.9%
Scientists & engineers (% of labour force) ·N2
4.6%
5.2%
Digital
Households with internet access ·N2
92.2%
—
Tourism
Nights spent at tourist accommodation (total)
696,252
969,498
Mobility
Passenger cars per 1,000 inhabitants ·N2
453 /1k
318 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
2,429
—
Road freight loaded (annual, thousand tonnes)
5,721 kt
10,568 kt
Motorway density (km per 1,000 km²) ·N2
24 km/1000km²
20 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
692
—
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
10
181
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
0
Demography
Population aged 15–64 (working age)
224,707
192,916
Population aged 65+
80,655
67,171
Population aged under 15
45,796
39,602
Median age of population
46.2 yrs
45.7 yrs
Old-age dependency ratio (65+ / 15–64)
35.9%
34.8%
Crude rate of total population change
-6.2 /1k
-4.9 /1k
Crude rate of net migration plus adjustment
0.8 /1k
-0.6 /1k
Crude birth rate
7.4 /1k
6.9 /1k
Crude death rate
14.4 /1k
11.3 /1k
Live births
2,618
2,083
Deaths
5,057
3,387
Total age-dependency ratio (young+old / 15-64)
56.3%
55.3%
Total fertility rate (births per woman)
1.29
1.30
Population density (persons per km²)
80 /km²
92 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
337,270
185,206
Social
At risk of poverty or social exclusion (AROPE) ·N2
25.4%
27.9%
Life expectancy at birth ·N2
76.8 yrs
81.8 yrs
At-risk-of-poverty rate (regional) ·N2
18.0%
23.0%
Health
Hospital beds per 100k inhabitants ·N2
677 /100k
316 /100k
Mortality, all causes (age-standardised rate) ·N2
1,709 /100k
1,085 /100k
Cancer mortality (age-standardised rate) ·N2
326 /100k
234 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.7 /100k
0.7 /100k
Robberies per 100k inhabitants
8.5 /100k
7.3 /100k
Burglaries per 100k inhabitants
—
36.5 /100k
Thefts per 100k inhabitants
420 /100k
305 /100k
Road traffic deaths per million inhabitants ·N2
67 /M
93 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.66
0.56
Regulatory quality, WGI score -2.5..2.5 (country)
0.29
0.42
Rule of law, WGI score -2.5..2.5 (country)
0.24
0.49
Control of corruption, WGI score -2.5..2.5 (country)
0.04
0.32
Political stability & absence of violence, WGI score (country)
0.67
0.24
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.171/kWh
€0.143/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.048/kWh
€0.039/kWh
Climate
Elevation at region centroid (Copernicus DEM)
175 m
838 m
Hot days ≥30°C (avg per year)
19 days/yr
22 days/yr
Frost days ≤0°C (avg per year)
62 days/yr
27 days/yr
Heavy-precipitation days ≥20mm (avg per year)
4 days/yr
11 days/yr