NUTS-3 PT112 · Portugal
Population
433,0392025
GDP
€9,936M2024
Unemployment· NUTS-2 source
6.3%2025
Employment· NUTS-2 source
78.2%2025
Active firms· FR-only
—
Cadastral parcels· FR-only
—
Area
1,249.2 km²
TerraSight · Compare
2 regions side-by-side
PT112 · EL307
Decision brief
Download brief (PDF)mandate-neutral · ranked by overall opportunity
Best overall fit: Cávado (Opportunity 51). Runner-up: Πειραιάς, Νήσοι (46). Contrarian pick: Πειραιάς, Νήσοι — leads the set on Talent & skills (EU pctl 66).
#1Cávado
Strengths
Energy cost (90) · Cost advantage (80)
Red flags
Demographic outlook (EU bottom 15%)
Freight intensity (EU bottom 15%)
Digital readiness (EU bottom 15%)
Air quality (EU bottom 15%)
Strengths
Cost advantage (77) · Talent & skills (66)
Red flags
Demographic outlook (EU bottom 15%)
Governance (EU bottom 15%)
Air quality (EU bottom 15%)
Why you might not pick Cávado
Demographic outlook (EU bottom 15%); Freight intensity (EU bottom 15%); Digital readiness (EU bottom 15%); Air quality (EU bottom 15%). Its weakest dimension is Freight intensity (EU pctl 2) — Πειραιάς, Νήσοι may suit a mandate that weights that higher.
How robust is this recommendation?
Cávado leads under all four archetype mandates — the recommendation is weight-stable.
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
50.9
45.7
Resilience Indexdiversification, stability, buffers
65.5
15.0
Quality of Lifeprosperity, health, safety, environment
40.6
36.5
Clean AirPM2.5 / PM10 / NO₂ inverted
7.0
6.7
Connectivitytransit + air + market access
48.0
29.3
Talent & Human Capitalskills, learning, knowledge workers
63.0
65.8
Growth Momentumrecent GDP / employment trajectory
76.0
53.4
Trajectories · 2012–latest
Real GDP (2020 prices)
3.5% 5y
4.1% 5y
Population
0.8% 5y
0.3% 5y
Unemployment rate
1.5% 5y
10.4% 5y
Derived comparisons
GDP per capita
€22,945
€23,095
Population density
347 /km²
554 /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)
€8,640M
€10,347M
GVA — agriculture, forestry & fishing (A)
€126M
€43M
GVA — industry (B–E)
€1,957M
€1,191M
GVA — manufacturing (C)
€1,753M
€909M
GVA — construction (F)
€808M
€57M
GVA — wholesale/retail, transport, ICT (G–J)
€1,800M
€4,042M
Net disposable household income per capita (NUTS-2 source) ·N2
€13,800
€15,200
GDP per capita in PPS (purchasing-power adjusted)
28,000 PPS
30,500 PPS
GDP per capita (current prices, EUR)
€23,000
€24,700
Gross fixed capital formation — investment (total economy) ·N2
€16,004M
€12,450M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€3,831M
€1,445M
Compensation of employees (total wage bill) ·N2
€39,066M
€37,495M
GVA — real estate activities (L)
€856M
€1,377M
GVA — information & communication (J)
€262M
€240M
GVA — finance, real estate & professional (K–N)
€1,780M
€2,802M
GVA — public admin, health & education (O–U)
€1,588M
€2,213M
Real GDP (constant 2020 prices, incl. short-term forecast)
€8,446M
€10,860M
Labour productivity per person employed (EUR)
€48,222
€53,038
Gross fixed capital formation, NUTS-3 (ARDECO)
€2,126M
€1,580M
Labour market
Employment, total persons
212,550
242,010
Self-employed persons
31,700
30,110
Employment in manufacturing (C)
50,910
19,510
Activity rate, 15–64 (NUTS-2 source) ·N2
77.8%
73.5%
Youth unemployment rate (15–24) ·N2
18.4%
14.3%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
6.3%
8.1%
Labour force aged 15+ (ARDECO)
232,600
242,900
Business demography
Active enterprises (business economy, all sizes)
55,334
42,893
Enterprise births
8,352
3,714
Enterprise deaths
5,761
1,480
3-year enterprise survival rate
5.4%
5.0%
Innovation & R&D
R&D expenditure as % of GDP ·N2
2.0%
1.8%
Employment in high-tech sectors (% of total) ·N2
4.4%
5.7%
R&D personnel (% of active population, FTE) ·N2
1.6%
2.1%
Education
Tertiary education attainment, age 25–64 ·N2
29.8%
44.6%
Tertiary attainment, age 25–34 (young talent pool) ·N2
41.3%
51.1%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
15.7%
6.9%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
23.3%
29.6%
Scientists & engineers (% of labour force) ·N2
10.5%
11.0%
Digital
Households with internet access ·N2
88.8%
—
Tourism
Nights spent at tourist accommodation (total)
1,314,621
1,724,923
Mobility
Passenger cars per 1,000 inhabitants ·N2
—
903 /1k
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
1,890
901
Road freight loaded (annual, thousand tonnes)
2,191 kt
17,190 kt
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
437
176
Motorway density (km per 1,000 km²) ·N2
—
48 km/1000km²
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
43
73
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)
285,820
335,045
Population aged 65+
92,452
115,029
Population aged under 15
54,767
63,371
Median age of population
46.0 yrs
46.8 yrs
Old-age dependency ratio (65+ / 15–64)
32.3%
34.3%
Crude rate of total population change
15.3 /1k
-1.1 /1k
Crude rate of net migration plus adjustment
15.9 /1k
5.1 /1k
Crude birth rate
7.4 /1k
6.3 /1k
Crude death rate
8.0 /1k
12.5 /1k
Live births
3,306
3,222
Deaths
3,538
6,399
Total age-dependency ratio (young+old / 15-64)
51.5%
53.2%
Total fertility rate (births per woman)
1.27
1.13
Population density (persons per km²)
350 /km²
561 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
263,837
263,675
Social
At risk of poverty or social exclusion (AROPE) ·N2
18.7%
23.6%
Life expectancy at birth ·N2
83.1 yrs
81.9 yrs
At-risk-of-poverty rate (regional) ·N2
15.6%
13.7%
Health
Hospital beds per 100k inhabitants ·N2
327 /100k
468 /100k
Mortality, all causes (age-standardised rate) ·N2
914 /100k
1,089 /100k
Cancer mortality (age-standardised rate) ·N2
207 /100k
239 /100k
Safety & crime
Intentional homicides per 100k inhabitants
0.2 /100k
—
Robberies per 100k inhabitants
35.8 /100k
—
Burglaries per 100k inhabitants
114 /100k
—
Thefts per 100k inhabitants
527 /100k
—
Road traffic deaths per million inhabitants ·N2
50 /M
42 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.02
0.56
Regulatory quality, WGI score -2.5..2.5 (country)
0.81
0.42
Rule of law, WGI score -2.5..2.5 (country)
1.13
0.49
Control of corruption, WGI score -2.5..2.5 (country)
0.79
0.32
Political stability & absence of violence, WGI score (country)
0.89
0.24
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.107/kWh
€0.143/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.045/kWh
€0.039/kWh
Climate
Elevation at region centroid (Copernicus DEM)
215 m
264 m
Hot days ≥30°C (avg per year)
22 days/yr
76 days/yr
Frost days ≤0°C (avg per year)
7 days/yr
1 days/yr
Heavy-precipitation days ≥20mm (avg per year)
29 days/yr
4 days/yr