NUTS-3 ITH33 · Italy
Population
197,7082025
GDP
€7,837M2023
Unemployment· NUTS-2 source
3.4%2025
Employment· NUTS-2 source
74.7%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
3,606.9 km²
TerraSight · Compare
2 regions side-by-side
ITH33 · ITH44
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Belluno (Opportunity 47). Runner-up: Trieste (44). Contrarian pick: Trieste — leads the set on Demographic outlook (EU pctl 83).
#1Belluno
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 Belluno
Long-run slide: down 14 EU ranks in real GDP per head since 1995 (relative decline, not absolute). Its weakest dimension is Governance (EU pctl 20) — Trieste may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Belluno · Manufacturing → Belluno · Office → Trieste · Residential → Trieste.
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
47.0
43.9
Resilience Indexdiversification, stability, buffers
36.5
41.8
Quality of Lifeprosperity, health, safety, environment
50.7
45.7
Clean AirPM2.5 / PM10 / NO₂ inverted
—
27.0
Connectivitytransit + air + market access
29.7
39.7
Talent & Human Capitalskills, learning, knowledge workers
27.3
29.5
Growth Momentumrecent GDP / employment trajectory
39.4
35.8
Trajectories · 2012–latest
Real GDP (2020 prices)
3.4% 5y
2.2% 5y
Population
0.4% 5y
0.3% 5y
Unemployment rate
0.5% 5y
0.9% 5y
Derived comparisons
GDP per capita
€39,637
€41,522
Population density
55 /km²
1,085 /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)
€7,040M
€8,497M
GVA — agriculture, forestry & fishing (A)
€111M
€20M
GVA — industry (B–E)
€2,215M
€1,136M
GVA — manufacturing (C)
€2,092M
€866M
GVA — construction (F)
€411M
€498M
GVA — wholesale/retail, transport, ICT (G–J)
€1,615M
€2,053M
Net disposable household income per capita (NUTS-2 source) ·N2
€23,500
€23,800
GDP per capita in PPS (purchasing-power adjusted)
41,100 PPS
42,900 PPS
GDP per capita (current prices, EUR)
€39,600
€41,400
Gross fixed capital formation — investment (total economy) ·N2
€45,490M
€10,531M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€10,941M
€2,200M
Compensation of employees (total wage bill) ·N2
€75,959M
€18,713M
GVA — real estate activities (L)
€724M
€936M
GVA — information & communication (J)
€44M
€340M
GVA — finance, real estate & professional (K–N)
€1,500M
€2,703M
GVA — public admin, health & education (O–U)
€1,188M
€2,088M
Real GDP (constant 2020 prices, incl. short-term forecast)
€7,059M
€8,591M
Labour productivity per person employed (EUR)
€84,687
€89,623
Gross fixed capital formation, NUTS-3 (ARDECO)
€1,836M
€2,245M
Labour market
Employment, total persons
94,900
108,600
Self-employed persons
19,500
20,300
Employment in manufacturing (C)
26,600
9,600
Activity rate, 15–64 (NUTS-2 source) ·N2
71.8%
72.8%
Youth unemployment rate (15–24) ·N2
13.7%
12.9%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
3.6%
4.6%
Labour force aged 15+ (ARDECO)
89,600
104,100
Business demography
Active enterprises (business economy, all sizes)
13,965
15,730
Enterprise births
811
1,430
Enterprise deaths
755
914
3-year enterprise survival rate
3.3%
4.5%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.2%
1.7%
Employment in high-tech sectors (% of total) ·N2
3.2%
3.9%
R&D personnel (% of active population, FTE) ·N2
1.4%
1.6%
Education
Tertiary education attainment, age 25–64 ·N2
21.8%
24.1%
Tertiary attainment, age 25–34 (young talent pool) ·N2
33.3%
35.2%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
13.3%
13.7%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
17.0%
18.1%
Scientists & engineers (% of labour force) ·N2
5.0%
4.1%
Digital
Households with internet access ·N2
94.5%
96.3%
Tourism
Nights spent at tourist accommodation (total)
4,334,691
2,083,439
Mobility
Passenger cars per 1,000 inhabitants ·N2
680 /1k
695 /1k
Road freight loaded (annual, thousand tonnes)
5,752 kt
3,420 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
5
2
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
3
1
Motorway density (km per 1,000 km²) ·N2
40 km/1000km²
35 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
71
28
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
2
4
Demography
Population aged 15–64 (working age)
120,804
138,476
Population aged 65+
56,435
65,856
Population aged under 15
20,469
23,460
Median age of population
52.1 yrs
52.0 yrs
Old-age dependency ratio (65+ / 15–64)
46.7%
47.6%
Crude rate of total population change
-0.4 /1k
-2.6 /1k
Crude rate of net migration plus adjustment
7.1 /1k
6.1 /1k
Crude birth rate
5.4 /1k
5.9 /1k
Crude death rate
13.0 /1k
14.7 /1k
Live births
1,069
1,351
Deaths
2,562
3,357
Total age-dependency ratio (young+old / 15-64)
63.7%
64.5%
Total fertility rate (births per woman)
1.14
1.19
Population density (persons per km²)
54 /km²
1,071 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
160,506
235,490
Social
At risk of poverty or social exclusion (AROPE) ·N2
14.6%
11.6%
Life expectancy at birth ·N2
84.6 yrs
84.2 yrs
At-risk-of-poverty rate (regional) ·N2
12.4%
9.1%
Health
Hospital beds per 100k inhabitants ·N2
307 /100k
312 /100k
Mortality, all causes (age-standardised rate) ·N2
825 /100k
899 /100k
Cancer mortality (age-standardised rate) ·N2
200 /100k
216 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.5 /100k
0.4 /100k
Robberies per 100k inhabitants
10.1 /100k
65.6 /100k
Thefts per 100k inhabitants
368 /100k
1,056 /100k
Road traffic deaths per million inhabitants ·N2
55 /M
61 /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)
869 m
290 m
Hot days ≥30°C (avg per year)
0 days/yr
12 days/yr
Frost days ≤0°C (avg per year)
119 days/yr
30 days/yr
Heavy-precipitation days ≥20mm (avg per year)
20 days/yr
23 days/yr