NUTS-3 NO060 · Norway
Population
486,8152025
GDP
€26,143M2021
Unemployment· NUTS-2 source
4.7%2025
Employment· NUTS-2 source
78.6%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
42,094.3 km²
TerraSight · Compare
2 regions side-by-side
NO060 · NO0A2
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Vestland (Opportunity 55). Runner-up: Trøndelag/Trööndelage (49). Contrarian pick: Trøndelag/Trööndelage — leads the set on Digital readiness (EU pctl 97).
Why you might not pick Vestland
Its weakest dimension is Industrial base (EU pctl 19) — Trøndelag/Trööndelage may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Trøndelag/Trööndelage · Manufacturing → Vestland · Office → Trøndelag/Trööndelage · Residential → Trøndelag/Trööndelage.
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
49.0
54.8
Resilience Indexdiversification, stability, buffers
64.3
62.5
Quality of Lifeprosperity, health, safety, environment
73.9
76.9
Clean AirPM2.5 / PM10 / NO₂ inverted
64.0
75.7
Connectivitytransit + air + market access
57.0
44.7
Talent & Human Capitalskills, learning, knowledge workers
92.0
88.8
Growth Momentumrecent GDP / employment trajectory
22.2
32.2
Trajectories · 2012–latest
Real GDP (2020 prices)
2.1% 5y
2.5% 5y
Population
0.8% 5y
0.6% 5y
Unemployment rate
5.5% 5y
1.9% 5y
Derived comparisons
GDP per capita
€53,702
€55,732
Population density
12 /km²
20 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 82 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€23,547M
€32,889M
GVA — agriculture, forestry & fishing (A)
€858M
€965M
GVA — industry (B–E)
€3,380M
€7,079M
GVA — manufacturing (C)
€1,974M
€3,210M
GVA — construction (F)
€1,926M
€2,496M
GVA — wholesale/retail, transport, ICT (G–J)
€3,898M
€5,361M
Net disposable household income per capita (NUTS-2 source) ·N2
€26,500
€27,200
GDP per capita in PPS (purchasing-power adjusted)
39,900 PPS
41,200 PPS
GDP per capita (current prices, EUR)
€55,300
€57,100
Gross fixed capital formation — investment (total economy) ·N2
€6,831M
€17,795M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€515M
€1,330M
Compensation of employees (total wage bill) ·N2
€13,207M
€42,790M
GVA — real estate activities (L)
€1,934M
€2,656M
GVA — information & communication (J)
€974M
€973M
GVA — finance, real estate & professional (K–N)
€5,563M
€6,727M
GVA — public admin, health & education (O–U)
€7,922M
€10,261M
Real GDP (constant 2020 prices, incl. short-term forecast)
€30,460M
€42,546M
Labour productivity per person employed (EUR)
€110,616
€113,185
Gross fixed capital formation, NUTS-3 (ARDECO)
€8,490M
€9,803M
Labour market
Employment, total persons
245,000
334,000
Employment in manufacturing (C)
19,000
30,000
Activity rate, 15–64 (NUTS-2 source) ·N2
79.6%
81.6%
Youth unemployment rate (15–24) ·N2
14.4%
13.6%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
4.7%
4.0%
Labour force aged 15+ (ARDECO)
265,700
360,600
Innovation & R&D
R&D expenditure as % of GDP ·N2
4.8%
2.0%
Employment in high-tech sectors (% of total) ·N2
5.4%
2.8%
R&D personnel (% of active population, FTE) ·N2
3.2%
1.4%
Education
Tertiary education attainment, age 25–64 ·N2
49.6%
49.2%
Tertiary attainment, age 25–34 (young talent pool) ·N2
53.7%
57.4%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
22.3%
22.0%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
33.8%
31.9%
Scientists & engineers (% of labour force) ·N2
13.7%
11.2%
Digital
Households with internet access ·N2
99.6%
98.5%
Tourism
Nights spent at tourist accommodation (total)
3,049,214
6,242,248
Mobility
Passenger cars per 1,000 inhabitants ·N2
507 /1k
503 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
8,139
12,318
Road freight loaded (annual, thousand tonnes)
25,833 kt
25,795 kt
Motorway density (km per 1,000 km²) ·N2
1 km/1000km²
1 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1,672
1,880
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
47
94
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
1
Demography
Population aged 15–64 (working age)
315,187
422,374
Population aged 65+
93,998
124,620
Population aged under 15
77,630
108,216
Median age of population
40.1 yrs
40.3 yrs
Old-age dependency ratio (65+ / 15–64)
29.8%
29.5%
Crude rate of total population change
8.0 /1k
6.0 /1k
Crude rate of net migration plus adjustment
6.3 /1k
4.0 /1k
Crude birth rate
9.7 /1k
9.8 /1k
Crude death rate
8.0 /1k
7.8 /1k
Live births
4,680
6,379
Deaths
3,886
5,087
Total age-dependency ratio (young+old / 15-64)
54.5%
55.1%
Total fertility rate (births per woman)
1.43
1.48
Population density (persons per km²)
12 /km²
—
Projected population, 2030–2040 (EUROPOP2019 baseline)
686,499
—
Social
At risk of poverty or social exclusion (AROPE) ·N2
17.1%
13.2%
Life expectancy at birth ·N2
83.4 yrs
83.6 yrs
At-risk-of-poverty rate (regional) ·N2
11.5%
9.1%
Health
Hospital beds per 100k inhabitants ·N2
332 /100k
289 /100k
Mortality, all causes (age-standardised rate) ·N2
818 /100k
795 /100k
Cancer mortality (age-standardised rate) ·N2
202 /100k
213 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.4 /100k
0.5 /100k
Robberies per 100k inhabitants
15.7 /100k
19.0 /100k
Thefts per 100k inhabitants
1,833 /100k
1,579 /100k
Road traffic deaths per million inhabitants ·N2
12 /M
11 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.82
1.82
Regulatory quality, WGI score -2.5..2.5 (country)
1.57
1.57
Rule of law, WGI score -2.5..2.5 (country)
1.94
1.94
Control of corruption, WGI score -2.5..2.5 (country)
2.03
2.03
Political stability & absence of violence, WGI score (country)
0.92
0.92
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.064/kWh
€0.064/kWh
Housing market
Dwelling price per m² (NOK, all types, Statistics Norway)
45,219 NOK/m²
50,689 NOK/m²
Climate
Elevation at region centroid (Copernicus DEM)
367 m
965 m
Hot days ≥30°C (avg per year)
0 days/yr
0 days/yr
Frost days ≤0°C (avg per year)
165 days/yr
213 days/yr
Heavy-precipitation days ≥20mm (avg per year)
11 days/yr
30 days/yr