NUTS-3 ITI14 · Italy
Population
988,0682025
GDP
€46,118M2023
Unemployment· NUTS-2 source
4.3%2025
Employment· NUTS-2 source
76%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
3,514.2 km²
TerraSight · Compare
2 regions side-by-side
ITI14 · ES213
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Bizkaia (Opportunity 63). Runner-up: Firenze (61). Contrarian pick: Firenze — leads the set on Economic base (EU pctl 87).
#2Firenze
Strengths
Economic base (87) · Demographic outlook (85)
Red flags
Freight intensity (EU bottom 15%)
Flood: 25% of population in the 100-year floodplain
Why you might not pick Bizkaia
Its weakest dimension is Labour market (EU pctl 23) — Firenze may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Firenze · Manufacturing → Bizkaia · Office → Bizkaia · Residential → Firenze.
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
- Flood defences, return-period design and insurance for flagged regions
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
60.8
63.2
Resilience Indexdiversification, stability, buffers
33.0
43.8
Quality of Lifeprosperity, health, safety, environment
48.3
65.7
Clean AirPM2.5 / PM10 / NO₂ inverted
—
52.0
Connectivitytransit + air + market access
71.7
54.7
Talent & Human Capitalskills, learning, knowledge workers
23.3
88.5
Growth Momentumrecent GDP / employment trajectory
46.8
58.2
Trajectories · 2012–latest
Real GDP (2020 prices)
4.1% 5y
4.6% 5y
Population
0.2% 5y
0.2% 5y
Unemployment rate
6.8% 5y
8.2% 5y
Derived comparisons
GDP per capita
€46,675
€37,893
Population density
281 /km²
530 /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)
€41,430M
€40,258M
GVA — agriculture, forestry & fishing (A)
€295M
€161M
GVA — industry (B–E)
€8,390M
€8,090M
GVA — manufacturing (C)
€7,564M
€6,288M
GVA — construction (F)
€1,922M
€2,948M
GVA — wholesale/retail, transport, ICT (G–J)
€10,974M
€10,245M
Net disposable household income per capita (NUTS-2 source) ·N2
€23,000
€24,200
GDP per capita in PPS (purchasing-power adjusted)
48,400 PPS
42,900 PPS
GDP per capita (current prices, EUR)
€46,700
€38,300
Gross fixed capital formation — investment (total economy) ·N2
€29,682M
€16,022M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€5,009M
€3,378M
Compensation of employees (total wage bill) ·N2
€51,756M
€43,785M
GVA — real estate activities (L)
€4,735M
—
GVA — information & communication (J)
€1,021M
—
GVA — finance, real estate & professional (K–N)
€12,585M
€10,535M
GVA — public admin, health & education (O–U)
€7,262M
€8,279M
Real GDP (constant 2020 prices, incl. short-term forecast)
€42,124M
€41,341M
Labour productivity per person employed (EUR)
€88,307
€87,864
Gross fixed capital formation, NUTS-3 (ARDECO)
€9,963M
€9,266M
Labour market
Employment, total persons
530,800
535,900
Self-employed persons
117,500
63,400
Employment in manufacturing (C)
90,000
71,800
Activity rate, 15–64 (NUTS-2 source) ·N2
73.7%
74.6%
Youth unemployment rate (15–24) ·N2
15.1%
18.6%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
4.3%
7.3%
Labour force aged 15+ (ARDECO)
472,500
561,800
Business demography
Active enterprises (business economy, all sizes)
95,086
76,366
Enterprise births
7,201
5,884
Enterprise deaths
5,468
5,500
3-year enterprise survival rate
3.5%
4.9%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.4%
2.4%
Employment in high-tech sectors (% of total) ·N2
3.7%
4.7%
R&D personnel (% of active population, FTE) ·N2
1.5%
2.2%
Education
Tertiary education attainment, age 25–64 ·N2
23.8%
58.2%
Tertiary attainment, age 25–34 (young talent pool) ·N2
30.8%
68.6%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
11.7%
19.8%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
17.4%
32.5%
Scientists & engineers (% of labour force) ·N2
4.9%
10.6%
Digital
Households with internet access ·N2
96.6%
97.5%
Tourism
Nights spent at tourist accommodation (total)
15,659,580
4,279,719
Mobility
Passenger cars per 1,000 inhabitants ·N2
744 /1k
478 /1k
Road freight loaded (annual, thousand tonnes)
11,383 kt
32,746 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
5,912
2,339
Motorway density (km per 1,000 km²) ·N2
23 km/1000km²
70 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
598
200
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
15
8
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
3
1
Demography
Population aged 15–64 (working age)
616,818
743,901
Population aged 65+
260,194
287,881
Population aged under 15
111,056
135,451
Median age of population
50.2 yrs
48.8 yrs
Old-age dependency ratio (65+ / 15–64)
42.2%
38.7%
Crude rate of total population change
-0.7 /1k
6.8 /1k
Crude rate of net migration plus adjustment
5.1 /1k
11.6 /1k
Crude birth rate
6.0 /1k
5.5 /1k
Crude death rate
11.8 /1k
10.4 /1k
Live births
5,921
6,426
Deaths
11,642
12,045
Total age-dependency ratio (young+old / 15-64)
60.2%
56.9%
Total fertility rate (births per woman)
1.13
1.05
Population density (persons per km²)
283 /km²
528 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
948,857
937,163
Social
At risk of poverty or social exclusion (AROPE) ·N2
18.1%
14.7%
Life expectancy at birth ·N2
84.2 yrs
84.7 yrs
At-risk-of-poverty rate (regional) ·N2
12.8%
9.3%
Health
Hospital beds per 100k inhabitants ·N2
285 /100k
327 /100k
Mortality, all causes (age-standardised rate) ·N2
848 /100k
779 /100k
Cancer mortality (age-standardised rate) ·N2
209 /100k
216 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.6 /100k
0.3 /100k
Robberies per 100k inhabitants
137 /100k
124 /100k
Burglaries per 100k inhabitants
—
296 /100k
Thefts per 100k inhabitants
2,739 /100k
512 /100k
Road traffic deaths per million inhabitants ·N2
51 /M
21 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.72
1.14
Regulatory quality, WGI score -2.5..2.5 (country)
0.60
0.84
Rule of law, WGI score -2.5..2.5 (country)
0.57
0.96
Control of corruption, WGI score -2.5..2.5 (country)
0.57
0.78
Political stability & absence of violence, WGI score (country)
0.41
0.16
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.159/kWh
€0.106/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
105 m
Hot days ≥30°C (avg per year)
42 days/yr
13 days/yr
Frost days ≤0°C (avg per year)
24 days/yr
7 days/yr
Heavy-precipitation days ≥20mm (avg per year)
14 days/yr
11 days/yr