NUTS-3 NO092 · Norway
Population
322,1882025
GDP
€15,418M2021
Unemployment· NUTS-2 source
4.6%2025
Employment· NUTS-2 source
75.5%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
16,442.2 km²
TerraSight · Compare
2 regions side-by-side
NO092 · DE271
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Augsburg, Kreisfreie Stadt (Opportunity 61). Runner-up: Agder (46). Contrarian pick: Agder — leads the set on Energy cost (EU pctl 100).
Strengths
Labour market (93) · Economic base (89)
Red flags
Cost advantage (EU bottom 15%)
Flood: 30% of population in the 100-year floodplain
Why you might not pick Augsburg, Kreisfreie Stadt
Cost advantage (EU bottom 15%); Flood: 30% of population in the 100-year floodplain. Its weakest dimension is Cost advantage (EU pctl 10) — Agder may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: Logistics → Agder · Manufacturing → Agder · Office → Agder · Residential → Augsburg, Kreisfreie Stadt.
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
45.7
61.0
Resilience Indexdiversification, stability, buffers
76.0
62.3
Quality of Lifeprosperity, health, safety, environment
68.4
58.7
Clean AirPM2.5 / PM10 / NO₂ inverted
72.0
48.0
Connectivitytransit + air + market access
48.3
52.7
Talent & Human Capitalskills, learning, knowledge workers
79.5
40.5
Growth Momentumrecent GDP / employment trajectory
27.4
27.2
Trajectories · 2012–latest
Real GDP (2020 prices)
3.4% 5y
0.4% 5y
Population
1.0% 5y
0.3% 5y
Unemployment rate
1.4% 5y
5.6% 5y
Derived comparisons
GDP per capita
€47,853
€55,442
Population density
20 /km²
2,009 /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)
€13,886M
€15,248M
GVA — agriculture, forestry & fishing (A)
—
€15M
GVA — industry (B–E)
—
€3,281M
GVA — manufacturing (C)
€1,615M
€2,614M
GVA — construction (F)
€1,286M
€475M
GVA — wholesale/retail, transport, ICT (G–J)
€2,459M
€3,104M
Net disposable household income per capita (NUTS-2 source) ·N2
€25,500
€30,100
GDP per capita in PPS (purchasing-power adjusted)
35,900 PPS
49,900 PPS
GDP per capita (current prices, EUR)
€49,700
€56,100
Gross fixed capital formation — investment (total economy) ·N2
€8,238M
€20,600M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€632M
€3,395M
Compensation of employees (total wage bill) ·N2
€17,442M
€49,117M
GVA — real estate activities (L)
€1,122M
—
GVA — information & communication (J)
€384M
—
GVA — finance, real estate & professional (K–N)
€2,486M
€3,840M
GVA — public admin, health & education (O–U)
€4,401M
€4,533M
Real GDP (constant 2020 prices, incl. short-term forecast)
€17,964M
€14,244M
Labour productivity per person employed (EUR)
€109,481
€87,729
Gross fixed capital formation, NUTS-3 (ARDECO)
€4,399M
€3,798M
Labour market
Employment, total persons
146,000
199,150
Self-employed persons
—
13,530
Employment in manufacturing (C)
15,000
27,270
Activity rate, 15–64 (NUTS-2 source) ·N2
76.6%
83.6%
Youth unemployment rate (15–24) ·N2
13.4%
4.4%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
4.6%
2.7%
Labour force aged 15+ (ARDECO)
166,800
182,000
Business demography
Active enterprises (business economy, all sizes)
—
11,216
Enterprise births
—
1,085
Enterprise deaths
—
1,013
3-year enterprise survival rate
—
4.1%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.7%
1.4%
Employment in high-tech sectors (% of total) ·N2
3.2%
4.6%
R&D personnel (% of active population, FTE) ·N2
1.1%
1.0%
Education
Tertiary education attainment, age 25–64 ·N2
43.8%
34.1%
Tertiary attainment, age 25–34 (young talent pool) ·N2
50.6%
38.8%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
20.5%
7.1%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
29.1%
22.4%
Scientists & engineers (% of labour force) ·N2
9.7%
9.1%
Digital
Households with internet access ·N2
100.0%
—
Tourism
Nights spent at tourist accommodation (total)
2,178,497
1,177,702
Mobility
Passenger cars per 1,000 inhabitants ·N2
533 /1k
639 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
5,849
818
Road freight loaded (annual, thousand tonnes)
16,884 kt
4,797 kt
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1,815
272
Motorway density (km per 1,000 km²) ·N2
6 km/1000km²
—
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
70
64
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)
205,991
202,262
Population aged 65+
62,152
58,990
Population aged under 15
54,045
39,853
Median age of population
41.0 yrs
41.3 yrs
Old-age dependency ratio (65+ / 15–64)
30.2%
29.2%
Crude rate of total population change
7.3 /1k
7.1 /1k
Crude rate of net migration plus adjustment
5.9 /1k
8.4 /1k
Crude birth rate
9.5 /1k
9.2 /1k
Crude death rate
8.0 /1k
10.5 /1k
Live births
3,036
2,766
Deaths
2,580
3,150
Total age-dependency ratio (young+old / 15-64)
56.4%
48.9%
Total fertility rate (births per woman)
1.53
1.25
Population density (persons per km²)
—
2,041 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
—
296,359
Social
At risk of poverty or social exclusion (AROPE) ·N2
18.9%
14.5%
Life expectancy at birth ·N2
82.8 yrs
82.1 yrs
At-risk-of-poverty rate (regional) ·N2
13.5%
11.4%
Health
Hospital beds per 100k inhabitants ·N2
263 /100k
—
Mortality, all causes (age-standardised rate) ·N2
841 /100k
989 /100k
Cancer mortality (age-standardised rate) ·N2
218 /100k
211 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.3 /100k
1.0 /100k
Robberies per 100k inhabitants
23.4 /100k
51.8 /100k
Burglaries per 100k inhabitants
—
235 /100k
Thefts per 100k inhabitants
2,248 /100k
1,296 /100k
Road traffic deaths per million inhabitants ·N2
13 /M
39 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.82
1.78
Regulatory quality, WGI score -2.5..2.5 (country)
1.57
1.56
Rule of law, WGI score -2.5..2.5 (country)
1.94
1.58
Control of corruption, WGI score -2.5..2.5 (country)
2.03
1.82
Political stability & absence of violence, WGI score (country)
0.92
0.53
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.064/kWh
€0.161/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
—
€0.055/kWh
Housing market
Dwelling price per m² (NOK, all types, Statistics Norway)
36,158 NOK/m²
—
Climate
Elevation at region centroid (Copernicus DEM)
809 m
494 m
Hot days ≥30°C (avg per year)
0 days/yr
7 days/yr
Frost days ≤0°C (avg per year)
191 days/yr
86 days/yr
Heavy-precipitation days ≥20mm (avg per year)
18 days/yr
5 days/yr