NUTS-3 ES707 · Spain
La Palma
La Palma generates €1.9bn of GDP across 86.3k residents. Its Opportunity Index of 31.2/100 sits in the lower tier of EU regions, led by economic growth and livability. Its economy has grown +4.1%/yr over five years and accelerating, with the employment rate up 10.6pp. On quality of life it ranks strongest for safety (91.7th EU percentile) and weakest for jobs (5th).
Long-run trajectory · EU percentile of real GDP per head, 1995–2024
Persistent laggard19 → 24 EU percentile since 1995 (+5 ranks)
Yearly EU-wide percentile of real GDP per head (ARDECO regional accounts, constant 2020 prices, derived over population). 50 = the EU median that year; percentiles are scale-free, so decades are directly comparable. See the backtest for what long-run prosperity ranks do — and don't — anticipate.
Mandate pillar profile · EU percentiles (screener dimensions)
Demographic outlook100
Energy cost95
Digital readiness78
Cost advantage76
Growth momentum68
Quality of life49
Talent & skills39
Resilience36
Governance31
Air quality28
Freight intensity26
Economic base20
Labour market8
Connectivity4
Industrial base2
Each bar is this region's EU percentile on a screener pillar (higher = better for siting; cost & energy are inverted so cheap scores high). These are the exact weights you tune in the Site Screener.
Opportunity Index · composite triage (experimental)
31.2
/ 100 · blends growth, livability, market access & scale · 4/4 pillars
Growth68.2
Livability48.5
Market access2
Economic scale6
Equal-weighted mean of four EU-percentile pillars (deliberately orthogonal: growth=trend, livability=quality, market=distance-weighted demand proxy, scale=absolute GDP). Experimental — a screening triage, not investment advice.
Resilience Index · downside / risk lens (experimental)
36.3
/ 100 · higher = more resilient to downturns · 4/4 pillars
GDP stability30
Labour stability3
Diversification31
Demographic stability81
Inverse of GDP-growth & unemployment volatility (since 2008, incl. 2009/2020 shocks), economic diversification (inverse HHI) and population stability — each EU-percentile-ranked. Higher withstands downturns better. Experimental.
Connectivity Index · transit · air · market access (experimental)
3.5
/ 100 · higher = better-connected · 2/3 facets
Transit density—
Airport access5
Market access2
Public-transport stop density, proximity to a major airport, and gravity access to surrounding economic mass — each EU-percentile-ranked. Higher = better-connected. Experimental.
Talent & Human Capital Index · skills base (experimental)
38.8
/ 100 · higher = deeper skills base than more EU regions · 4/4 facets
Young tertiary61
Lifelong learning65
Knowledge workers14
Scientists & engineers15
Young tertiary attainment (25–34), adult lifelong learning, knowledge-worker share and scientists & engineers — each EU-percentile-ranked. Higher = deeper talent pool. Experimental.
Clean-Air Score · air-quality livability (experimental)
28
/ 100 · higher = cleaner air than more EU regions · 3/3 pollutants
PM2.58.7 µg/m³
PM1030.3 µg/m³
NO214.3 µg/m³
PM2.5, PM10 & NO2 annual means from official monitoring networks, inverted (lower pollution = higher) and EU-percentile-ranked. Higher = cleaner air; ground-level ozone is shown separately. Experimental.
Quality of Life · composite (experimental)
48.5
/ 100 · EU-relative · 7/7 pillars
Economy22
Jobs5
Education31.5
Health82.5
Safety91.7
Connectivity78
Environment28.7
Equal-weighted percentile across 6 pillars vs all EU NUTS-3; lower-is-better indicators (crime, unemployment, mortality) inverted. Experimental — regional screening only.
Growth momentum · trend analytics
68.2
/ 100 momentum · EU-relative · 5/5 signals
GDP growth · 5-yr
+4.1%
CAGR, nominal
GDP growth · 10-yr
+3.1%
CAGR, nominal
Acceleration
+1.0 pp
5-yr vs 10-yr
vs country avg
-0.1 pp
inflation-adj.
Population · 5-yr
+0.7%
CAGR
Employment rate
+10.6 pp
5-yr change
Unemployment
-9.1 pp
5-yr change
Compound annual growth to the latest available year vs all EU NUTS-3; GDP is nominal EUR (“vs country avg” removes most national inflation). Screening signal, not a forecast.
Economic structure · gross value added by sector
Dominant: Public · health · education · 32%Diversified · HHI 2375
Agriculture 5.4%Industry 6.1%Construction 7.7%Trade · transport · ICT 28.6%Finance · real estate · prof. 20.2%Public · health · education 32%
Share of total GVA (latest year). HHI = sum of squared sector shares ×10,000; higher means a more concentrated, single-sector-dependent economy (more cyclicality risk).
Trends · 2009–2023
GDP (current prices)
€1,863M2023
11.2% 1y 4.1% 5y CAGR
EU percentile 6
Real GDP (2020 prices)
€1,773M2025
2.8% 1y 4.7% 5y CAGR
EU percentile 8
Population
86,2972025
1.1% 1y 0.7% 5y CAGR
EU percentile 10
Unemployment rate
13.6%2025
1.4% 1y 9.7% 5y CAGR
EU percentile 98
Employment
32,6002023
5.8% 1y 1.9% 5y CAGR
EU percentile 6
Productivity / employee
€61,3992025
3.0% 1y 5.6% 5y CAGR
EU percentile 25
Gross value added
€1,753M2023
10.6% 1y 4.1% 5y CAGR
EU percentile 6
All indicators · 85 more metrics (Eurostat, all-EU)
Economy
Gross value added, total (current prices)
€1,753M
2023 · EU pctl 6
GVA — agriculture, forestry & fishing (A)
€94M
2023 · EU pctl 35
GVA — industry (B–E)
€107M
2023 · EU pctl 2
GVA — manufacturing (C)
€46M
2023 · EU pctl 2
GVA — construction (F)
€136M
2023 · EU pctl 12
GVA — wholesale/retail, transport, ICT (G–J)
€501M
2023 · EU pctl 15
Net disposable household income per capita (NUTS-2 source)
€15,300
2023 · EU pctl 24 · NUTS-2 src
GDP per capita in PPS (purchasing-power adjusted)
24,600 PPS
2023 · EU pctl 20
GDP per capita (current prices, EUR)
€21,900
2023 · EU pctl 22
Gross fixed capital formation — investment (total economy)
€8,461M
2023 · EU pctl 26 · NUTS-2 src
Investment in manufacturing capex (GFCF, NACE C)
€298M
2023 · EU pctl 7 · NUTS-2 src
Compensation of employees (total wage bill)
€28,532M
2024 · EU pctl 43 · NUTS-2 src
GVA — finance, real estate & professional (K–N)
€354M
2023 · EU pctl 8
GVA — public admin, health & education (O–U)
€561M
2023 · EU pctl 12
Real GDP (constant 2020 prices, incl. short-term forecast)
€1,773M
2025 · EU pctl 8
Labour productivity per person employed (EUR)
€61,399
2025 · EU pctl 25
Gross fixed capital formation, NUTS-3 (ARDECO)
€331M
2025 · EU pctl 4
Labour market
Employment, total persons
32,600
2023 · EU pctl 6
Self-employed persons
6,200
2023 · EU pctl 19
Employment in manufacturing (C)
800
2023 · EU pctl 1
Activity rate, 15–64 (NUTS-2 source)
73.1%
2025 · EU pctl 22 · NUTS-2 src
Youth unemployment rate (15–24)
29.5%
2025 · EU pctl 92 · NUTS-2 src
Unemployment rate 15-74, NUTS-3 native (ARDECO)
13.6%
2025 · EU pctl 98
Labour force aged 15+ (ARDECO)
43,500
2025 · EU pctl 11
Business demography
Active enterprises (business economy, all sizes)
5,502
2023 · EU pctl 22
Enterprise births
486
2023 · EU pctl 24
Enterprise deaths
337
2023 · EU pctl 16
3-year enterprise survival rate
5.0%
2023 · EU pctl 64
Innovation & R&D
R&D expenditure as % of GDP
0.6%
2023 · EU pctl 9 · NUTS-2 src
Employment in high-tech sectors (% of total)
2.1%
2025 · EU pctl 8 · NUTS-2 src
R&D personnel (% of active population, FTE)
0.4%
2023 · EU pctl 7 · NUTS-2 src
Education
Tertiary education attainment, age 25–64
36.3%
2025 · EU pctl 54 · NUTS-2 src
Tertiary attainment, age 25–34 (young talent pool)
43.7%
2025 · EU pctl 61 · NUTS-2 src
Adult participation in learning, age 25–64 (last 4 weeks)
13.1%
2025 · EU pctl 65 · NUTS-2 src
Knowledge workers — tertiary-educated & in science/tech (% of labour force)
17.6%
2025 · EU pctl 14 · NUTS-2 src
Scientists & engineers (% of labour force)
5.8%
2025 · EU pctl 15 · NUTS-2 src
Digital
Households with internet access
97.3%
2025 · EU pctl 78 · NUTS-2 src
Tourism
Nights spent at tourist accommodation (total)
1,247,484
2024 · EU pctl 58
Mobility
Passenger cars per 1,000 inhabitants
609 /1k pop
2024 · EU pctl 57 · NUTS-2 src
Road freight loaded (annual, thousand tonnes)
1,581 kt
2025 · EU pctl 9
Motorway density (km per 1,000 km²)
39 km/1000km²
2024 · EU pctl 80 · NUTS-2 src
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
143
CURRENT · EU pctl 95
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
0
CURRENT · EU pctl 0
Demography
Population aged 15–64 (working age)
58,604
2025 · EU pctl 13
Population aged 65+
18,909
2025 · EU pctl 8
Population aged under 15
8,784
2025 · EU pctl 6
Median age of population
48.1 yrs
2025 · EU pctl 69
Old-age dependency ratio (65+ / 15–64)
32.3%
2025 · EU pctl 23
Crude rate of total population change
10.7 /1k
2024 · EU pctl 92
Crude rate of net migration plus adjustment
15.5 /1k
2024 · EU pctl 95
Crude birth rate
4.4 /1k
2024 · EU pctl 1
Crude death rate
9.2 /1k
2024 · EU pctl 14
Live births
375
2024 · EU pctl 3
Deaths
790
2024 · EU pctl 6
Total age-dependency ratio (young+old / 15-64)
47.3%
2025 · EU pctl 3
Total fertility rate (births per woman)
0.76
2024 · EU pctl 0
Population density (persons per km²)
122 /km²
2024 · EU pctl 48
Projected population, 2030–2040 (EUROPOP2019 baseline)
205,881
2100 · EU pctl 47
Health
Hospital beds per 100k inhabitants
290 /100k
2024 · EU pctl 19 · NUTS-2 src
Mortality, all causes (age-standardised rate)
826 /100k
2021 · EU pctl 9 · NUTS-2 src
Cancer mortality (age-standardised rate)
214 /100k
2023 · EU pctl 30 · NUTS-2 src
Safety & crime
Intentional homicides per 100k inhabitants
0.0 /100k
2024 · EU pctl 0
Robberies per 100k inhabitants
10.5 /100k
2024 · EU pctl 26
Burglaries per 100k inhabitants
175 /100k
2024 · EU pctl 42
Thefts per 100k inhabitants
119 /100k
2024 · EU pctl 4
Road traffic deaths per million inhabitants
31 /M pop
2024 · EU pctl 21 · NUTS-2 src
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
1.14
2022 · EU pctl 33
Regulatory quality, WGI score -2.5..2.5 (country)
0.84
2022 · EU pctl 33
Rule of law, WGI score -2.5..2.5 (country)
0.96
2022 · EU pctl 32
Control of corruption, WGI score -2.5..2.5 (country)
0.78
2022 · EU pctl 32
Political stability & absence of violence, WGI score (country)
0.16
2022 · EU pctl 9
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.106/kWh
2025-S2 · EU pctl 5
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.048/kWh
2025-S2 · EU pctl 30
Climate
Elevation at region centroid (Copernicus DEM)
810 m
CURRENT · EU pctl 93
Hot days ≥30°C (avg per year)
18 days/yr
CLIM_2014_2023 · EU pctl 74
Frost days ≤0°C (avg per year)
0 days/yr
CLIM_2014_2023 · EU pctl 0
Heavy-precipitation days ≥20mm (avg per year)
3 days/yr
CLIM_2014_2023 · EU pctl 46
Environment
PM10 (coarse particulate matter) annual mean concentration — mean across EEA air-quality monitoring stations within the region (verified E1a data). Lower is better.
30
2024 · EU pctl 99
NO2 (nitrogen dioxide) annual mean concentration — a traffic / combustion pollutant; mean across EEA monitoring stations within the region (verified E1a data). Lower is better.
14
2024 · EU pctl 62
O3 (ground-level ozone) annual mean concentration — a summer-smog pollutant; mean across EEA monitoring stations within the region (verified E1a data).
57
2024 · EU pctl 69
Industrial facilities per 100k inhabitants (E-PRTR)
4.0 /100k
2023 · EU pctl 4
Population in the 100-year river floodplain (% of residents, EFAS × census grid)
0.0%
2021 · EU pctl 0
Similar regions · nearest peers on standardised NUTS-3 indicators
Other Spain regions