Economy

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Generic image of a sports fair in Canarias with exhibitors and attendees.

Canary Islands' sports sector contributes 4.5% to GDP with 5.7 billion euro impact

Over half the population practices physical activity weekly, with 211,000 federated licenses and 2,600 related companies.

21 August 2026Economy

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Canary Islands: Imports drop 16.4% and exports 5.9% in the first half of 2026

The trade deficit reaches 7,463 million euros, while the coverage rate stands at 21.9% according to provisional ISTAC data.

20 August 2026Economy

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Endesa invests 2 million to strengthen Tenerife's electricity grid

The company has completed seven electrical rings in three years, benefiting over 175,000 customers on the island.

20 August 2026Economy

Statistical graph showing a decrease in the offering of vacation homes in the Canary Islands.

Vacation Homes in Canarias: 15% Decrease in One Year

The Canary Islands Institute of Statistics reveals a significant drop in the offering of digital tourist accommodations over the past year.

19 August 2026Economy

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Rent consumes nearly a third of income in Canary Islands capitals

Families in Las Palmas de Gran Canaria and Santa Cruz de Tenerife spend 31% of their income on rent.

18 August 2026Economy

Declining graph for German tourism and rising graph for French tourism in the Canary Islands.

Canary Islands Lose 10,000 German Tourists in July as French Visitors Increase

The archipelago records a 5.3% drop in German visitors in July, but adds 40,000 more French travelers year-on-year.

18 August 2026Economy

Generic image of economic growth in tourism with abstract elements and a volcanic landscape of the Canary Islands.

Lanzarote's tourism generated 2,084 million euros in the first half

The island consolidates its economic recovery with a 9.5% increase compared to the previous year, highlighting the British market.

17 August 2026Economy

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Lanzarote Reaches Employment Record with Over 70,650 Active Workers

The island registers an increase of over 1,100 jobs compared to last year, consolidating a continuous growth trend.

16 August 2026Economy

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Foreign affiliation in the Canary Islands grows 11.36% annually to 148,776 contributors

The archipelago adds 4,922 foreign workers in July, with Italy, Venezuela, and Colombia leading the nationalities, according to Social Security data.

14 August 2026Economy

Generic image of Canarias banknotes and an upward economic chart.

Tenerife: Employment Rises, Unemployment Falls Despite Tourism Slowdown

The island registers more employed and fewer unemployed individuals compared to a year ago, according to the Insular Economic Bulletin for the second quarter of 2026.

14 August 2026Economy

Abstract graphic of consumer confidence in the Canary Islands with data elements and volcanic landscape.

Canarian Consumer Confidence: Short-Term Economic Optimism

67% of residents over 18 in the Canary Islands anticipate their household's economic situation will improve or remain stable in the next six months.

14 August 2026Economy

Image of fresh meat products such as chicken and beef.

CEOE Tenerife Warns of Imminent Economic Risks Due to Meat Shortages and New Costs

The employers' association warns that the supply crisis, coupled with new EU packaging regulations and the withdrawal of aid, could skyrocket prices and impact competitiveness.

13 August 2026Economy

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