The Canarian autonomous Treasury has recorded, for the fourth consecutive year, record figures in the collection of its main tax, the IGIC, which functions as the regional equivalent of the peninsular VAT. This increase in public revenue has been consistent since 2022, consolidating a trend of unprecedented fiscal strength.

Data up to November 2025 reveals that the surplus collected by the IGIC is seven times higher than the cost of the fiscal rebates included in the anti-crisis plan to alleviate economic consequences, even if these measures were to extend throughout 2026. Specifically, between January and November 2025, collection exceeded that of the same period in 2024 by almost 120 million euros, while the cost of the rebates for families and businesses amounts to only 17.3 million euros.

This robustness in collection occurs in a context where the regional Executive maintains a stance of budgetary prudence, conditioned by fiscal rules. Up to November 2025, IGIC collection reached 2,282.7 million euros, representing 118 million more than in the previous year. This figure is expected to increase further when December's data, which will surpass that of 2024, is included.

Fiscal relief measures, such as the reduction of IGIC on fuels from 1% to 0%, have an estimated annual cost of 14.1 million euros. Added to this is the application of a zero rate to basic products like salt, butter, or coffee, with an impact of 3.2 million until December. In total, the complete anti-crisis plan, if maintained until the end of the year, would cost approximately 60 million euros, half of the additional revenue collected by the IGIC in just the first eleven months of 2025.

IGIC collection has experienced a 44% growth in just four years, rising from 1,585.5 million in 2019 to 2,324.7 million in 2024. This remarkable increase is attributed to the dynamism of domestic consumption and the strength of the tourism sector in the Canary Islands, where visitors also contribute significantly to this indirect tax.