NUTS-3 ITC16 · Italy
Population
581,5262025
GDP
€23,500M2023
Unemployment· NUTS-2 source
6%2025
Employment· NUTS-2 source
74.3%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
6,901.5 km²
TerraSight · Compare
2 regions side-by-side
ITC16 · ITI21
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Cuneo (Opportunity 58). Runner-up: Perugia (54). Contrarian pick: Perugia — leads the set on Cost advantage (EU pctl 63).
#1Cuneo
Strengths
Industrial base (83) · Economic base (77)
Red flags
Long-run slide: down 14 EU ranks in real GDP per head since 1995 (relative decline, not absolute)
#2Perugia
Strengths
Demographic outlook (69) · Cost advantage (63)
Red flags
Long-run slide: down 28 EU ranks in real GDP per head since 1995 (relative decline, not absolute)
Why you might not pick Cuneo
Long-run slide: down 14 EU ranks in real GDP per head since 1995 (relative decline, not absolute). Its weakest dimension is Talent & skills (EU pctl 18) — Perugia may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Cuneo · Manufacturing → Cuneo · Office → Perugia · Residential → Cuneo.
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
58.4
54.2
Resilience Indexdiversification, stability, buffers
48.0
45.5
Quality of Lifeprosperity, health, safety, environment
47.9
42.3
Connectivitytransit + air + market access
33.7
55.0
Talent & Human Capitalskills, learning, knowledge workers
18.0
28.3
Growth Momentumrecent GDP / employment trajectory
51.6
47.4
Trajectories · 2012–latest
Real GDP (2020 prices)
3.1% 5y
3.1% 5y
Population
0.2% 5y
0.3% 5y
Unemployment rate
4.6% 5y
12.1% 5y
Derived comparisons
GDP per capita
€40,411
€32,310
Population density
84 /km²
100 /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)
€21,111M
€18,466M
GVA — agriculture, forestry & fishing (A)
€885M
€417M
GVA — industry (B–E)
€6,268M
€4,027M
GVA — manufacturing (C)
€5,811M
€3,611M
GVA — construction (F)
€1,445M
€1,235M
GVA — wholesale/retail, transport, ICT (G–J)
€3,773M
€4,252M
Net disposable household income per capita (NUTS-2 source) ·N2
€24,400
€21,900
GDP per capita in PPS (purchasing-power adjusted)
42,000 PPS
33,400 PPS
GDP per capita (current prices, EUR)
€40,400
€32,200
Gross fixed capital formation — investment (total economy) ·N2
€44,851M
€6,687M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€10,323M
€1,149M
Compensation of employees (total wage bill) ·N2
€61,911M
€10,415M
GVA — real estate activities (L)
€2,619M
€2,163M
GVA — information & communication (J)
€298M
€304M
GVA — finance, real estate & professional (K–N)
€5,732M
€4,762M
GVA — public admin, health & education (O–U)
€3,010M
€3,775M
Real GDP (constant 2020 prices, incl. short-term forecast)
€21,532M
€18,748M
Labour productivity per person employed (EUR)
€83,787
€71,803
Gross fixed capital formation, NUTS-3 (ARDECO)
€6,730M
€5,196M
Labour market
Employment, total persons
284,900
289,500
Self-employed persons
75,700
73,200
Employment in manufacturing (C)
63,900
48,700
Activity rate, 15–64 (NUTS-2 source) ·N2
73.5%
72.5%
Youth unemployment rate (15–24) ·N2
19.3%
18.7%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
6.0%
4.5%
Labour force aged 15+ (ARDECO)
272,600
297,200
Business demography
Active enterprises (business economy, all sizes)
47,245
52,280
Enterprise births
2,853
3,726
Enterprise deaths
2,567
2,891
3-year enterprise survival rate
3.5%
3.8%
Innovation & R&D
R&D expenditure as % of GDP ·N2
2.1%
0.9%
Employment in high-tech sectors (% of total) ·N2
3.6%
2.4%
R&D personnel (% of active population, FTE) ·N2
1.6%
0.9%
Education
Tertiary education attainment, age 25–64 ·N2
21.2%
25.0%
Tertiary attainment, age 25–34 (young talent pool) ·N2
29.3%
33.9%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
10.0%
13.2%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
16.0%
18.0%
Scientists & engineers (% of labour force) ·N2
5.0%
4.4%
Digital
Households with internet access ·N2
93.9%
93.2%
Tourism
Nights spent at tourist accommodation (total)
2,325,452
6,827,380
Mobility
Passenger cars per 1,000 inhabitants ·N2
723 /1k
774 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
489
181
Road freight loaded (annual, thousand tonnes)
23,612 kt
18,782 kt
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
84
29
Motorway density (km per 1,000 km²) ·N2
36 km/1000km²
12 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
83
9
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
2
1
Demography
Population aged 15–64 (working age)
362,111
393,337
Population aged 65+
147,724
170,641
Population aged under 15
71,691
72,210
Median age of population
49.0 yrs
50.2 yrs
Old-age dependency ratio (65+ / 15–64)
40.8%
43.4%
Crude rate of total population change
-0.2 /1k
-1.6 /1k
Crude rate of net migration plus adjustment
5.0 /1k
4.7 /1k
Crude birth rate
6.6 /1k
5.7 /1k
Crude death rate
11.8 /1k
12.0 /1k
Live births
3,832
3,606
Deaths
6,850
7,618
Total age-dependency ratio (young+old / 15-64)
60.6%
61.7%
Total fertility rate (births per woman)
1.27
1.11
Population density (persons per km²)
85 /km²
103 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
562,913
545,627
Social
At risk of poverty or social exclusion (AROPE) ·N2
16.9%
13.5%
Life expectancy at birth ·N2
83.7 yrs
84.1 yrs
At-risk-of-poverty rate (regional) ·N2
14.0%
11.3%
Health
Hospital beds per 100k inhabitants ·N2
353 /100k
306 /100k
Mortality, all causes (age-standardised rate) ·N2
892 /100k
839 /100k
Cancer mortality (age-standardised rate) ·N2
228 /100k
208 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.2 /100k
0.5 /100k
Robberies per 100k inhabitants
14.3 /100k
25.8 /100k
Thefts per 100k inhabitants
549 /100k
929 /100k
Road traffic deaths per million inhabitants ·N2
40 /M
73 /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)
465 m
309 m
Hot days ≥30°C (avg per year)
20 days/yr
50 days/yr
Frost days ≤0°C (avg per year)
74 days/yr
30 days/yr
Heavy-precipitation days ≥20mm (avg per year)
14 days/yr
9 days/yr