NUTS-3 NO071 · Norway
Population
243,5822025
GDP
€12,910M2021
Unemployment· NUTS-2 source
3.5%2025
Employment· NUTS-2 source
79.4%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
37,751.1 km²
TerraSight · Compare
2 regions side-by-side
NO071 · AT315
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Traunviertel (Opportunity 51). Runner-up: Nordland/Nordlánnda (42). Contrarian pick: Nordland/Nordlánnda — leads the set on Energy cost (EU pctl 100).
Strengths
Industrial base (88) · Freight intensity (77)
Red flags
Cost advantage (EU bottom 15%)
Why you might not pick Traunviertel
Cost advantage (EU bottom 15%). Its weakest dimension is Cost advantage (EU pctl 6) — Nordland/Nordlánnda may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Nordland/Nordlánnda · Manufacturing → Traunviertel · Office → Nordland/Nordlánnda · Residential → Nordland/Nordlánnda.
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
41.8
51.4
Resilience Indexdiversification, stability, buffers
66.0
70.8
Quality of Lifeprosperity, health, safety, environment
69.1
62.9
Clean AirPM2.5 / PM10 / NO₂ inverted
62.0
75.3
Connectivitytransit + air + market access
50.7
35.7
Talent & Human Capitalskills, learning, knowledge workers
72.8
56.8
Growth Momentumrecent GDP / employment trajectory
24.0
29.8
Trajectories · 2012–latest
Real GDP (2020 prices)
2.6% 5y
0.3% 5y
Population
0.2% 5y
0.5% 5y
Unemployment rate
0.0% 5y
3.4% 5y
Derived comparisons
GDP per capita
€53,001
€44,834
Population density
6 /km²
98 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only
All indicators · 90 metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€11,628M
€9,882M
GVA — agriculture, forestry & fishing (A)
€1,269M
€214M
GVA — industry (B–E)
—
€3,232M
GVA — manufacturing (C)
€999M
€2,980M
GVA — construction (F)
€875M
€724M
GVA — wholesale/retail, transport, ICT (G–J)
€1,605M
€2,069M
Net disposable household income per capita (NUTS-2 source) ·N2
€26,600
€30,800
GDP per capita in PPS (purchasing-power adjusted)
38,800 PPS
39,900 PPS
GDP per capita (current prices, EUR)
€53,800
€45,000
Gross fixed capital formation — investment (total economy) ·N2
€7,085M
€20,073M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€357M
€4,866M
Compensation of employees (total wage bill) ·N2
€12,839M
€40,429M
GVA — real estate activities (L)
€872M
—
GVA — information & communication (J)
€191M
—
GVA — finance, real estate & professional (K–N)
€1,720M
€2,123M
GVA — public admin, health & education (O–U)
€4,006M
€1,520M
Real GDP (constant 2020 prices, incl. short-term forecast)
€15,042M
€9,539M
Labour productivity per person employed (EUR)
€108,822
€102,380
Gross fixed capital formation, NUTS-3 (ARDECO)
€4,355M
€2,776M
Labour market
Employment, total persons
123,000
113,600
Self-employed persons
—
14,200
Employment in manufacturing (C)
10,000
31,700
Activity rate, 15–64 (NUTS-2 source) ·N2
80.2%
81.2%
Youth unemployment rate (15–24) ·N2
—
11.5%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
3.5%
4.6%
Labour force aged 15+ (ARDECO)
127,200
127,600
Business demography
Active enterprises (business economy, all sizes)
—
15,727
Enterprise births
—
948
Enterprise deaths
—
736
3-year enterprise survival rate
—
2.3%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.9%
3.5%
Employment in high-tech sectors (% of total) ·N2
2.2%
4.3%
R&D personnel (% of active population, FTE) ·N2
1.3%
2.0%
Education
Tertiary education attainment, age 25–64 ·N2
43.7%
34.7%
Tertiary attainment, age 25–34 (young talent pool) ·N2
46.8%
40.7%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
20.3%
14.7%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
26.1%
21.4%
Scientists & engineers (% of labour force) ·N2
9.7%
10.2%
Digital
Households with internet access ·N2
98.8%
94.9%
Tourism
Nights spent at tourist accommodation (total)
2,770,189
3,022,870
Mobility
Passenger cars per 1,000 inhabitants ·N2
538 /1k
645 /1k
Road freight loaded (annual, thousand tonnes)
11,829 kt
10,352 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
4,092
12
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1,680
5
Motorway density (km per 1,000 km²) ·N2
0 km/1000km²
26 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
56
57
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
1
2
Demography
Population aged 15–64 (working age)
151,765
156,411
Population aged 65+
55,117
52,388
Population aged under 15
36,700
36,344
Median age of population
43.9 yrs
45.0 yrs
Old-age dependency ratio (65+ / 15–64)
36.3%
33.5%
Crude rate of total population change
2.1 /1k
1.5 /1k
Crude rate of net migration plus adjustment
3.3 /1k
2.7 /1k
Crude birth rate
8.5 /1k
8.4 /1k
Crude death rate
9.7 /1k
9.6 /1k
Live births
2,067
2,067
Deaths
2,359
2,356
Total age-dependency ratio (young+old / 15-64)
60.5%
56.7%
Total fertility rate (births per woman)
1.42
1.44
Population density (persons per km²)
7 /km²
103 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
290,566
207,944
Social
At risk of poverty or social exclusion (AROPE) ·N2
20.2%
13.6%
Life expectancy at birth ·N2
82.6 yrs
82.4 yrs
At-risk-of-poverty rate (regional) ·N2
15.3%
11.2%
Health
Hospital beds per 100k inhabitants ·N2
414 /100k
621 /100k
Mortality, all causes (age-standardised rate) ·N2
866 /100k
987 /100k
Cancer mortality (age-standardised rate) ·N2
216 /100k
218 /100k
Safety & crime
Intentional homicides per 100k inhabitants
1.2 /100k
0.0 /100k
Robberies per 100k inhabitants
4.9 /100k
7.3 /100k
Burglaries per 100k inhabitants
—
299 /100k
Thefts per 100k inhabitants
861 /100k
630 /100k
Road traffic deaths per million inhabitants ·N2
33 /M
47 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.82
1.74
Regulatory quality, WGI score -2.5..2.5 (country)
1.57
1.40
Rule of law, WGI score -2.5..2.5 (country)
1.94
1.64
Control of corruption, WGI score -2.5..2.5 (country)
2.03
1.37
Political stability & absence of violence, WGI score (country)
0.92
0.60
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.064/kWh
€0.156/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
—
€0.049/kWh
Housing market
Dwelling price per m² (NOK, all types, Statistics Norway)
34,152 NOK/m²
—
Climate
Elevation at region centroid (Copernicus DEM)
940 m
428 m
Hot days ≥30°C (avg per year)
0 days/yr
8 days/yr
Frost days ≤0°C (avg per year)
246 days/yr
75 days/yr
Heavy-precipitation days ≥20mm (avg per year)
15 days/yr
17 days/yr