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NO094 · BE225

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NUTS-3 NO094 · Norway
Population
177,8632025
GDP
Unemployment· NUTS-2 source
4.6%2025
Employment· NUTS-2 source
75.5%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
15,342.1 km²
NUTS-3 BE225 · Belgium
Population
261,7612025
GDP
€9,671M2024
Unemployment· NUTS-2 source
4.4%2025
Employment· NUTS-2 source
75%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
912.5 km²

Decision brief

Download brief (PDF)mandate-neutral · ranked by overall opportunity

Best overall fit: Arr. Maaseik (Opportunity 68). Runner-up: Telemark (37). Contrarian pick: Telemark — leads the set on Energy cost (EU pctl 100).

Strengths
Connectivity (83) · Talent & skills (78)
No red flags
Strengths
Energy cost (100) · Digital readiness (98)
No red flags
Why you might not pick Arr. Maaseik
Its weakest dimension is Cost advantage (EU pctl 22) — Telemark may suit a mandate that weights that higher.
How robust is this recommendation?
The leader depends on the mandate: LogisticsArr. Maaseik · ManufacturingTelemark · OfficeArr. Maaseik · ResidentialArr. Maaseik.
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
37.3
67.5
Resilience Indexdiversification, stability, buffers
76.5
Quality of Lifeprosperity, health, safety, environment
64.5
59.3
Clean AirPM2.5 / PM10 / NO₂ inverted
48.3
55.0
Connectivitytransit + air + market access
41.3
82.7
Talent & Human Capitalskills, learning, knowledge workers
79.5
78.3
Growth Momentumrecent GDP / employment trajectory
36.3
54.6

Trajectories · 2012–latest

Real GDP (2020 prices)
2.4% 5y
Population
0.5% 5y
0.6% 5y
Unemployment rate
3.6% 5y

Derived comparisons

GDP per capita
€36,948
Population density
12 /km²
287 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only

All indicators · 84 metrics (Eurostat, all-EU)

Economy
Gross value added, total (current prices)
€8,754M
GVA — agriculture, forestry & fishing (A)
€176M
GVA — industry (B–E)
€1,629M
GVA — manufacturing (C)
€1,484M
GVA — construction (F)
€879M
GVA — wholesale/retail, transport, ICT (G–J)
€1,770M
Net disposable household income per capita (NUTS-2 source) ·N2
€25,500
€28,300
GDP per capita in PPS (purchasing-power adjusted)
33,000 PPS
GDP per capita (current prices, EUR)
€37,000
Gross fixed capital formation — investment (total economy) ·N2
€8,238M
€9,890M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€632M
€1,527M
Compensation of employees (total wage bill) ·N2
€17,442M
€19,341M
GVA — real estate activities (L)
€1,076M
GVA — information & communication (J)
€91M
GVA — finance, real estate & professional (K–N)
€2,440M
GVA — public admin, health & education (O–U)
€1,860M
Real GDP (constant 2020 prices, incl. short-term forecast)
€8,161M
Labour productivity per person employed (EUR)
€104,114
Gross fixed capital formation, NUTS-3 (ARDECO)
€2,637M
Labour market
Employment, total persons
95,800
Self-employed persons
20,400
Employment in manufacturing (C)
15,900
Activity rate, 15–64 (NUTS-2 source) ·N2
76.6%
73.0%
Youth unemployment rate (15–24) ·N2
13.4%
9.6%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
4.3%
Labour force aged 15+ (ARDECO)
120,500
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.7%
1.9%
Employment in high-tech sectors (% of total) ·N2
3.2%
4.5%
R&D personnel (% of active population, FTE) ·N2
1.1%
1.4%
Education
Tertiary education attainment, age 25–64 ·N2
43.8%
41.5%
Tertiary attainment, age 25–34 (young talent pool) ·N2
50.6%
49.2%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
20.5%
14.6%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
29.1%
28.6%
Scientists & engineers (% of labour force) ·N2
9.7%
10.9%
Digital
Households with internet access ·N2
100.0%
95.0%
Tourism
Nights spent at tourist accommodation (total)
1,236,967
3,251,389
Mobility
Passenger cars per 1,000 inhabitants ·N2
533 /1k
545 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
3,322
1,724
Road freight loaded (annual, thousand tonnes)
5,633 kt
7,346 kt
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
1,868
659
Motorway density (km per 1,000 km²) ·N2
6 km/1000km²
44 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
101
31
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
0
5
Demography
Population aged 15–64 (working age)
110,463
163,594
Population aged 65+
40,387
59,301
Population aged under 15
27,013
38,866
Median age of population
44.7 yrs
45.2 yrs
Old-age dependency ratio (65+ / 15–64)
36.6%
36.2%
Crude rate of total population change
4.3 /1k
5.1 /1k
Crude rate of net migration plus adjustment
6.2 /1k
5.3 /1k
Crude birth rate
8.0 /1k
8.4 /1k
Crude death rate
9.9 /1k
8.6 /1k
Live births
1,428
2,200
Deaths
1,757
2,258
Total age-dependency ratio (young+old / 15-64)
61.0%
60.0%
Total fertility rate (births per woman)
1.41
1.48
Social
At risk of poverty or social exclusion (AROPE) ·N2
18.9%
10.2%
Life expectancy at birth ·N2
82.8 yrs
83.4 yrs
At-risk-of-poverty rate (regional) ·N2
13.5%
6.7%
Health
Hospital beds per 100k inhabitants ·N2
263 /100k
463 /100k
Mortality, all causes (age-standardised rate) ·N2
841 /100k
843 /100k
Cancer mortality (age-standardised rate) ·N2
218 /100k
196 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.6 /100k
1.5 /100k
Robberies per 100k inhabitants
27.1 /100k
33.0 /100k
Burglaries per 100k inhabitants
208 /100k
Thefts per 100k inhabitants
1,712 /100k
595 /100k
Road traffic deaths per million inhabitants ·N2
13 /M
46 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.31
Regulatory quality, WGI score -2.5..2.5 (country)
1.41
Rule of law, WGI score -2.5..2.5 (country)
1.34
Control of corruption, WGI score -2.5..2.5 (country)
1.58
Political stability & absence of violence, WGI score (country)
0.25
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.064/kWh
€0.130/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.046/kWh
Housing market
Dwelling price per m² (NOK, all types, Statistics Norway)
27,216 NOK/m²
Climate
Elevation at region centroid (Copernicus DEM)
267 m
47 m
Hot days ≥30°C (avg per year)
0 days/yr
7 days/yr
Frost days ≤0°C (avg per year)
142 days/yr
37 days/yr
Heavy-precipitation days ≥20mm (avg per year)
11 days/yr
2 days/yr