State of the Nordic Region 2024

State of the Nordic Region 2024 takes stock of the latest trends and developments in demography, labour market and economy in the Nordic countries, regions, municipalities, and cities.

This year’s report marks the 20th edition of the State of the Nordic Region, a bi-annually published report that provides a Nordic panorama of regional development trends in the Nordic countries based on the latest statistical data, maps and analyses.

Watch the video from the online launch event (19 June) to get an overview of the report highlights.

The State of the Nordic Region 2024 presents a collection of maps, figures and analysis within three core areas: demography, labour market, and economy, as well as a newly updated Regional Potential Index.


What are the latest demographic trends in the Nordic Region? What kind of impact did the pandemic have on different aspects of demographic development? The demography section compiles insights from population statistics on mortality and birth, population change and migration in the Nordic Region based on the most recent available data.  

Ch 1: Population change beyond the pandemic

Ch 2: Fertility decline in the Nordic Region

Ch 3: The Nordic geography of diversity


What kind of labour market trends are the most prevalent in the Nordic Region at the moment? How has the labour market recovered since the pandemic? Do we have the necessary skills and compe­tences to remain competitive in the future? And how is the green transition shaping the labour market? The labour market section tackles the latest developments of the labour market from different perspectives.

Ch 4: The Nordic labour market after the pandemic

Ch 5: Challenges of labour shortages and skills provision

Ch 6: Green transition of the labour market


Achieving sustainable, long-term regional development requires that economic, environmental, and social aspects are all taken into consideration and support each other. The economy section, focuses on the Nordic economy via three different aggregated levels of analysis – regional, business and household. While these perspectives are intertwined, close examination of each one will clarify and bring new dimensions to developments in the various Nordic regions. 

Ch 7: Regional perspective on the economy

Ch 8: Business perspective on the economy

Ch 9: Household perspective on the economy


Nordregio’s Regional Potential Index (RPI) makes it possible to conduct cross-regional comparisons of development potential and illustrates the regional balance between the Nordic countries. For this edition of State of the Nordic Region, we have included a fully revised index based on an updated methodology.

The multidimensional index summarises the current and past performance of the regions across major policy domains. It helps identify ones with high potential and those needing further support to boost their potential and meet existing challenges. It provides policymakers with a comparative learning tool to inform the design of effective regional development strategies at Nordic level. Who are the top movers based on the latest data? Check out the report to find out!