Markets

Insider Trading

Hedge Funds

Retirement

Opinion

15 Least Urbanized Countries in Europe

In this article, we will look at the 15 least urbanized countries in Europe. We have also discussed the challenges of urban development in Europe. If you want to skip our detailed analysis, head straight to the 5 Least Urbanized Countries in Europe.

Urbanization in Europe has been a defining trend of the past century as a significant portion of the population now resides in cities. According to recent studies, approximately 75% of Europeans now live in urban areas. This concentration of people in cities has led to various challenges in Europe, such as the development of coastal cities, which are particularly vulnerable to rising sea levels and other climate-related risks. Research from Kiel University suggests that Europe’s coasts which are already densely populated are facing major threats from sea level rise. In response, coastal protection measures and spatial land use planning strategies, such as setback zones, are being implemented to safeguard coastal communities as studies indicate that implementing effective setback zones could reduce the vulnerability of new urban developments by at least 50% in most EU countries by the year 2100.

It is worth highlighting that Monaco is the most urbanized country in Europe with 100% of its population living in urban areas. To read more about urbanized countries, see the most urbanized countries in Asia.

Apart from coastal threats, urban development in Europe in general is facing a series of critical challenges and opportunities. With more than 80% of the population projected to live in urban areas by 2030, the focus on sustainable urban planning has never been more urgent. Inadequate housing conditions alone contribute to over 100,000 deaths annually in the WHO European Region. Moreover, transportation, industrial activities, and domestic heating continue to contribute to pollution in European cities. Approximately 2.8 million land sites across the European Union are affected by pollution and thus, demand an environmental action.

As enviormnetal concern has become a key concern for urban development. AECOM (NYSE:ACM) is playing an active role in advancing the NeuConnect interconnector project. Capitalizing on expertise across the UK, Netherlands, and Germany, AECOM (NYSE:ACM) facilitated the preparation of permits and environmental impact assessments for the project’s entirety. This involved managing various stakeholders and coordinating permit applications for approximately 720 kilometers of submarine cables, with an additional 12 kilometers onshore.

In the Netherlands, where nitrogen emissions are of critical concern, AECOM (NYSE:ACM) developed proactive strategies to mitigate environmental impact during construction. Furthermore, AECOM (NYSE:ACM) conducted thorough Environmental Impact Assessments (EIAs) for all subsea cable work in Dutch waters to compliance with environmental regulations. As a result, permits were successfully granted in 2022 that enabled the project to move forward.

With construction underway, NeuConnect will have the capacity to carry 1.4 gigawatts of electricity which will benefit over 1.5 million homes and potentially reduce carbon emissions by over 13 megatons of CO2 over 25 years. By facilitating cross-border energy exchange between the UK and Germany, AECOM (NYSE:ACM) is driving the region towards a more resilient, secure, and sustainable energy supply.

On the other hand, Jacobs Solutions Inc (NYSE:J), in collaboration with PA Consulting, is set to impact urbanization in Europe through its involvement in enhancing the Copenhagen Metro. The Copenhagen Metro serves as a key component of urban infrastructure that caters to over 300,000 passengers on weekdays alone. The partnership between  Jacobs Solutions Inc (NYSE:J) and PA Consulting has been selected to provide comprehensive research and advice on the operation and maintenance of this critical transport system.

The Copenhagen Metro has already made several contributions to urbanization since its inception in 2002. With over one billion passengers having utilized its services, it is one of Europe’s most advanced public transit systems. Importantly, expansions such as the M3 Cityringen and M4 Nordhavn, with further extensions planned, demonstrate the metro’s commitment to accommodating the growing population and urban travel demands of Copenhagen.

Through their expertise in transportation infrastructure, Jacobs Solutions Inc (NYSE:J) and PA Consulting are poised to facilitate the evolution of the Copenhagen Metro into a more sustainable, efficient, and connected system. Their contribution will focus on strategic planning, technical insights, and innovative solutions to enhance the metro’s operations and maintenance.

saiko3p/Shutterstock.com

Our Methodology

To list the least urbanized countries in Europe, we relied on urban population data (as a percentage of the total population) by country gathered by the World Bank for the year 2022. The idea is that a lower urban population percentage indicates a lower shift towards urban lifestyles and economic activities in a country.

The list is presented in descending order.

By the way, Insider Monkey is an investing website that uses a consensus approach to identify the best stock picks of more than 900 hedge funds investing in US stocks. The website tracks the movement of corporate insiders and hedge funds. Our top 10 consensus stock picks of hedge funds outperformed the S&P 500 stock index by more than 140 percentage points over the last 10 years (see the details here). So, if you are looking for the best stock picks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

15. Portugal

Urban Population (% of Population): 67%

Urbanization in Portugal has been less pronounced compared to other European countries primarily because rapid urbanization process in the country began around the 1960s and intensified after joining the European Economic Community in 1986. However, despite a major increase in the number of housing constructions, Portugal still lags behind in urbanization rates compared to its European counterparts. For instance, between 1981 and 2011, while almost all urban territories in Portugal registered positive population variations, there were still important areas with low population density, particularly in the interior regions.

14. Ireland

Urban Population (% of Population): 64%

Owing to the lack of urbanization and opportunities, rural communities in Ireland are struggling with a major exodus of young people, as revealed by recent statistics. 70% of Irish individuals aged 18-24 are considering emigration as nearly 20,000 youths aged 15-24 have already left by April 2023.

13. Albania

Urban Population (% of Population): 64%

Despite being a small Balkan country, Albania maintains a low level of urbanization. The rugged terrain of its mountainous landscape has historically posed challenges for extensive urban development. Moreover, decades of isolationism in the country under Enver Hoxha’s Stalinist regime, has left its mark on urban planning and infrastructure. As a result, Albania’s urban areas remain relatively sparse compared to other European countries, with much of the population residing in rural communities.

12. Georgia

Urban Population (% of Population): 60%

Georgia is one of the least urban countries in Europe. Despite Georgia’s economic transformation since gaining independence in 1991, the country struggles with low urbanization rates. With only 60% of the population residing in urban areas and the remainder in rural regions, the country ranks 12th on our list.

11. Poland

Urban Population (% of Population): 60%

Urbanization in Poland is relatively low compared to many other European countries as 60% of the population resides in urban areas or major cities and 40% in rural zones. In 2020, just over half of Poles lived in standalone homes, while around 44% resided in apartments. Poland was also one of the least urbanized countries in Europe in 2020.

10. Austria

Urban Population (% of Population): 59%

Despite having a lower urbanization, Austria is widely known for its high standard of living, an excellent GDP per capita of $52,084 as of 2022, and an active tourism destination. With 59% of its population living in urbanized areas, Austria was one of the least urbanized countries in Europe in 2022.

9. North Macedonia

Urban Population (% of Population): 59%

North Macedonia has been active in its urbanization efforts, particularly evident in its recent engagement in the UNECE-WHO/Europe Protocol on Water and Health. With a population of 2.1 million, the country is trying to focus on equitable access to water and sanitation while addressing disparities between rural and urban areas.

Speaking of population, Vatican City is the smallest country in Europe with the lowest population of 764 people.

8. Croatia

Urban Population (% of Population): 58%

Croatia struggles with a low urbanization rate of 58% and hence, is trying to engage with the World Bank to revitalize its rural areas. Through initiatives like the Strategic Transformation in Agriculture and Rural Space (STARS), Croatia aims to unlock its agricultural and aquaculture potential by promoting economic growth in rural communities. With 58% population living in urban areas, Croatia is one of the 10 least urbanized countries in Europe.

7. Serbia

Urban Population (% of Population): 57%

In 2022, the urban population share in Serbia remained relatively stable around 56.87% and showed no significant deviation from the preceding year, 2021. Serbia was also one of the least urbanized countries in Europe in 2021.

6. Slovenia

Urban Population (% of Population): 56%

Urbanization in Slovenia is rapidly evolving as over 90% of the workforce of Slovenia is concentrated in urban areas. From 2014–2020, Slovenia earmarked EUR 117 million ($126 million) to revitalize urban municipalities. With an urban population of 56%, Slovenia is one of the most rural countries in Europe. It is also one of the European countries with the lowest population.

Slovenia is known to be one of the Countries with Best Work-Life Balance in the World.

Click here to see the 5 Least Urbanized Countries in Europe.

Suggested Articles:

Disclosure: None. 15 Least Urbanized Countries in Europe is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…