NUTS-3 ITC34 · Italy
Population
214,9192025
GDP
€8,345M2023
Unemployment· NUTS-2 source
4.7%2025
Employment· NUTS-2 source
73.8%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
877.5 km²
TerraSight · Compare
2 regions side-by-side
ITC34 · ITH33
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: La Spezia (Opportunity 52). Runner-up: Belluno (47). Contrarian pick: Belluno — leads the set on Industrial base (EU pctl 87).
#2Belluno
Strengths
Industrial base (87) · Economic base (75)
Red flags
Long-run slide: down 14 EU ranks in real GDP per head since 1995 (relative decline, not absolute)
Why you might not pick La Spezia
Its weakest dimension is Labour market (EU pctl 20) — Belluno may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → La Spezia · Manufacturing → Belluno · Office → La Spezia · Residential → La Spezia.
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
51.7
47.0
Resilience Indexdiversification, stability, buffers
43.3
36.5
Quality of Lifeprosperity, health, safety, environment
44.9
50.7
Clean AirPM2.5 / PM10 / NO₂ inverted
30.3
—
Connectivitytransit + air + market access
38.0
29.7
Talent & Human Capitalskills, learning, knowledge workers
21.0
27.3
Growth Momentumrecent GDP / employment trajectory
54.8
39.4
Trajectories · 2012–latest
Real GDP (2020 prices)
2.7% 5y
3.4% 5y
Population
0.2% 5y
0.4% 5y
Unemployment rate
13.8% 5y
0.5% 5y
Derived comparisons
GDP per capita
€38,830
€39,637
Population density
245 /km²
55 /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)
€7,497M
€7,040M
GVA — agriculture, forestry & fishing (A)
€33M
€111M
GVA — industry (B–E)
€1,322M
€2,215M
GVA — manufacturing (C)
€1,063M
€2,092M
GVA — construction (F)
€409M
€411M
GVA — wholesale/retail, transport, ICT (G–J)
€1,636M
€1,615M
Net disposable household income per capita (NUTS-2 source) ·N2
€23,600
€23,500
GDP per capita in PPS (purchasing-power adjusted)
40,300 PPS
41,100 PPS
GDP per capita (current prices, EUR)
€38,800
€39,600
Gross fixed capital formation — investment (total economy) ·N2
€12,797M
€45,490M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€1,274M
€10,941M
Compensation of employees (total wage bill) ·N2
€21,326M
€75,959M
GVA — real estate activities (L)
€1,165M
€724M
GVA — information & communication (J)
€76M
€44M
GVA — finance, real estate & professional (K–N)
€1,996M
€1,500M
GVA — public admin, health & education (O–U)
€2,102M
€1,188M
Real GDP (constant 2020 prices, incl. short-term forecast)
€7,448M
€7,059M
Labour productivity per person employed (EUR)
€88,230
€84,687
Gross fixed capital formation, NUTS-3 (ARDECO)
€1,855M
€1,836M
Labour market
Employment, total persons
96,200
94,900
Self-employed persons
21,900
19,500
Employment in manufacturing (C)
11,400
26,600
Activity rate, 15–64 (NUTS-2 source) ·N2
72.2%
71.8%
Youth unemployment rate (15–24) ·N2
20.6%
13.7%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
4.7%
3.6%
Labour force aged 15+ (ARDECO)
98,700
89,600
Business demography
Active enterprises (business economy, all sizes)
16,831
13,965
Enterprise births
1,244
811
Enterprise deaths
985
755
3-year enterprise survival rate
3.8%
3.3%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.4%
1.2%
Employment in high-tech sectors (% of total) ·N2
3.1%
3.2%
R&D personnel (% of active population, FTE) ·N2
1.4%
1.4%
Education
Tertiary education attainment, age 25–64 ·N2
23.5%
21.8%
Tertiary attainment, age 25–34 (young talent pool) ·N2
28.0%
33.3%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
11.4%
13.3%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
17.5%
17.0%
Scientists & engineers (% of labour force) ·N2
4.3%
5.0%
Digital
Households with internet access ·N2
94.1%
94.5%
Tourism
Nights spent at tourist accommodation (total)
2,914,934
4,334,691
Mobility
Passenger cars per 1,000 inhabitants ·N2
563 /1k
680 /1k
Road freight loaded (annual, thousand tonnes)
4,213 kt
5,752 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
107
5
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
50
3
Motorway density (km per 1,000 km²) ·N2
70 km/1000km²
40 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
71
71
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
2
2
Demography
Population aged 15–64 (working age)
132,005
120,804
Population aged 65+
60,190
56,435
Population aged under 15
22,724
20,469
Median age of population
51.9 yrs
52.1 yrs
Old-age dependency ratio (65+ / 15–64)
45.6%
46.7%
Crude rate of total population change
-0.8 /1k
-0.4 /1k
Crude rate of net migration plus adjustment
7.0 /1k
7.1 /1k
Crude birth rate
5.7 /1k
5.4 /1k
Crude death rate
13.5 /1k
13.0 /1k
Live births
1,224
1,069
Deaths
2,893
2,562
Total age-dependency ratio (young+old / 15-64)
62.8%
63.7%
Total fertility rate (births per woman)
1.19
1.14
Population density (persons per km²)
245 /km²
54 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
195,041
160,506
Social
At risk of poverty or social exclusion (AROPE) ·N2
19.7%
14.6%
Life expectancy at birth ·N2
83.8 yrs
84.6 yrs
At-risk-of-poverty rate (regional) ·N2
17.1%
12.4%
Health
Hospital beds per 100k inhabitants ·N2
345 /100k
307 /100k
Mortality, all causes (age-standardised rate) ·N2
867 /100k
825 /100k
Cancer mortality (age-standardised rate) ·N2
218 /100k
200 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.5 /100k
0.5 /100k
Robberies per 100k inhabitants
23.3 /100k
10.1 /100k
Thefts per 100k inhabitants
1,141 /100k
368 /100k
Road traffic deaths per million inhabitants ·N2
41 /M
55 /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)
233 m
869 m
Hot days ≥30°C (avg per year)
11 days/yr
0 days/yr
Frost days ≤0°C (avg per year)
5 days/yr
119 days/yr
Heavy-precipitation days ≥20mm (avg per year)
22 days/yr
20 days/yr