NUTS-3 ITC12 · Italy
Population
165,9102025
GDP
€5,630M2023
Unemployment· NUTS-2 source
6%2025
Employment· NUTS-2 source
74.3%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
2,078.3 km²
TerraSight · Compare
2 regions side-by-side
ITC12 · ITI11
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Vercelli (Opportunity 48). Runner-up: Massa-Carrara (47). Contrarian pick: Massa-Carrara — leads the set on Freight intensity (EU pctl 100).
#1Vercelli
Strengths
Industrial base (87) · Freight intensity (80)
Red flags
Air quality (EU bottom 15%)
Long-run slide: down 21 EU ranks in real GDP per head since 1995 (relative decline, not absolute)
Why you might not pick Vercelli
Air quality (EU bottom 15%); Long-run slide: down 21 EU ranks in real GDP per head since 1995 (relative decline, not absolute). Its weakest dimension is Air quality (EU pctl 9) — Massa-Carrara may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Massa-Carrara · Manufacturing → Vercelli · Office → Massa-Carrara · Residential → Massa-Carrara.
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
47.8
46.8
Resilience Indexdiversification, stability, buffers
40.5
44.0
Quality of Lifeprosperity, health, safety, environment
43.9
53.7
Clean AirPM2.5 / PM10 / NO₂ inverted
9.3
—
Connectivitytransit + air + market access
66.3
57.7
Talent & Human Capitalskills, learning, knowledge workers
18.0
23.3
Growth Momentumrecent GDP / employment trajectory
38.4
39.4
Trajectories · 2012–latest
Real GDP (2020 prices)
2.0% 5y
2.5% 5y
Population
0.4% 5y
0.5% 5y
Unemployment rate
5.6% 5y
10.9% 5y
Derived comparisons
GDP per capita
€33,936
€31,389
Population density
80 /km²
161 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 88 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€5,058M
€5,267M
GVA — agriculture, forestry & fishing (A)
€121M
€42M
GVA — industry (B–E)
€1,642M
€1,086M
GVA — manufacturing (C)
€1,484M
€888M
GVA — construction (F)
€314M
€362M
GVA — wholesale/retail, transport, ICT (G–J)
€849M
€1,236M
Net disposable household income per capita (NUTS-2 source) ·N2
€24,400
€23,000
GDP per capita in PPS (purchasing-power adjusted)
35,200 PPS
32,500 PPS
GDP per capita (current prices, EUR)
€34,000
€31,300
Gross fixed capital formation — investment (total economy) ·N2
€44,851M
€29,682M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€10,323M
€5,009M
Compensation of employees (total wage bill) ·N2
€61,911M
€51,756M
GVA — real estate activities (L)
€634M
€781M
GVA — information & communication (J)
€61M
€57M
GVA — finance, real estate & professional (K–N)
€1,238M
€1,447M
GVA — public admin, health & education (O–U)
€894M
€1,094M
Real GDP (constant 2020 prices, incl. short-term forecast)
€5,159M
€5,355M
Labour productivity per person employed (EUR)
€83,987
€81,410
Gross fixed capital formation, NUTS-3 (ARDECO)
€1,612M
€1,267M
Labour market
Employment, total persons
68,100
73,200
Self-employed persons
15,600
20,200
Employment in manufacturing (C)
15,000
10,100
Activity rate, 15–64 (NUTS-2 source) ·N2
73.5%
73.7%
Youth unemployment rate (15–24) ·N2
19.3%
15.1%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
6.0%
4.2%
Labour force aged 15+ (ARDECO)
76,200
87,200
Business demography
Active enterprises (business economy, all sizes)
11,364
16,145
Enterprise births
749
1,168
Enterprise deaths
670
904
3-year enterprise survival rate
3.3%
3.9%
Innovation & R&D
R&D expenditure as % of GDP ·N2
2.1%
1.4%
Employment in high-tech sectors (% of total) ·N2
3.6%
3.7%
R&D personnel (% of active population, FTE) ·N2
1.6%
1.5%
Education
Tertiary education attainment, age 25–64 ·N2
21.2%
23.8%
Tertiary attainment, age 25–34 (young talent pool) ·N2
29.3%
30.8%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
10.0%
11.7%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
16.0%
17.4%
Scientists & engineers (% of labour force) ·N2
5.0%
4.9%
Digital
Households with internet access ·N2
93.9%
96.6%
Tourism
Nights spent at tourist accommodation (total)
401,644
1,307,588
Mobility
Passenger cars per 1,000 inhabitants ·N2
723 /1k
744 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
678
1,339
Road freight loaded (annual, thousand tonnes)
7,332 kt
24,278 kt
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
409
717
Motorway density (km per 1,000 km²) ·N2
36 km/1000km²
23 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
31
66
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
3
2
Demography
Population aged 15–64 (working age)
101,241
113,899
Population aged 65+
46,898
54,486
Population aged under 15
17,771
18,398
Median age of population
51.7 yrs
52.5 yrs
Old-age dependency ratio (65+ / 15–64)
46.3%
47.8%
Crude rate of total population change
1.2 /1k
-1.1 /1k
Crude rate of net migration plus adjustment
9.7 /1k
7.3 /1k
Crude birth rate
5.4 /1k
5.1 /1k
Crude death rate
13.9 /1k
13.4 /1k
Live births
902
946
Deaths
2,301
2,502
Total age-dependency ratio (young+old / 15-64)
63.9%
64.0%
Total fertility rate (births per woman)
1.13
1.07
Population density (persons per km²)
80 /km²
162 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
113,112
132,202
Social
At risk of poverty or social exclusion (AROPE) ·N2
16.9%
18.1%
Life expectancy at birth ·N2
83.7 yrs
84.2 yrs
At-risk-of-poverty rate (regional) ·N2
14.0%
12.8%
Health
Hospital beds per 100k inhabitants ·N2
353 /100k
285 /100k
Mortality, all causes (age-standardised rate) ·N2
892 /100k
848 /100k
Cancer mortality (age-standardised rate) ·N2
228 /100k
209 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.6 /100k
0.5 /100k
Robberies per 100k inhabitants
19.3 /100k
12.8 /100k
Thefts per 100k inhabitants
626 /100k
907 /100k
Road traffic deaths per million inhabitants ·N2
40 /M
51 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.72
0.72
Regulatory quality, WGI score -2.5..2.5 (country)
0.60
0.60
Rule of law, WGI score -2.5..2.5 (country)
0.57
0.57
Control of corruption, WGI score -2.5..2.5 (country)
0.57
0.57
Political stability & absence of violence, WGI score (country)
0.41
0.41
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.159/kWh
€0.159/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.048/kWh
€0.048/kWh
Climate
Elevation at region centroid (Copernicus DEM)
258 m
134 m
Hot days ≥30°C (avg per year)
19 days/yr
20 days/yr
Frost days ≤0°C (avg per year)
73 days/yr
13 days/yr
Heavy-precipitation days ≥20mm (avg per year)
19 days/yr
24 days/yr