NUTS (Nomenclature of Territorial Units for Statistics)

NUTS, or Nomenclature of Territorial Units for Statistics, is a system used by the European Union to collect, analyze, and compare regional data across its member countries. It divides regions into different levels: NUTS-1 for larger areas (like countries or major regions), NUTS-2 for smaller regions (like provinces), and NUTS-3 for even smaller local areas. This standardized classification helps in regional policies, economic analysis, and funding distribution, ensuring that statistics are consistent and comparable across different regions within the EU.