Canary Islands: Social Security affiliation on the rise

More than 4,500 new Social Security affiliates in the Canary Islands in March The Canary Islands experienced an increase in Social Security affiliation in March 2024, with a total growth of 4,559 affiliates compared to the previous month. The total number of members stood at 909,391 people, of which […]
The number of registered unemployment in the Canary Islands is 165,044 people

Unemployment in the Canary Islands drops in March for the third consecutive month. Unemployment registered in the Canary Islands stood at 165,044 people in March 2024, after a drop of 4,686 people compared to the previous month, according to data published by the Canary Islands Institute of Statistics (ISTAC). This figure represents the third consecutive drop in unemployment in […]
The Spanish economy closes 2023 with a strong boost

The Spanish economy has closed the year 2023 with notable momentum The Spanish economy has closed the year 2023 with notable momentum, registering a financing capacity compared to the rest of the world of 16,131 million euros in the fourth quarter, according to data published today by the National Institute of Statistics (INE). […]
Spanish GDP grows 0.6% in the fourth quarter of 2023, driven by national demand

National demand drives Spanish GDP growth to 0.6% in the fourth quarter of 2023 March 27, 2024 – The Spanish Gross Domestic Product (GDP) registered a growth of 0.6% in the fourth quarter of 2023 compared to the previous quarter, according to data published by the National Institute of Statistics (INE). The national demand […]
The INE publishes the new ICNE: business activity falls 3.2% in January

The INE publishes the first Business Turnover Indices based on 2021 March 25, 2024 – The National Institute of Statistics (INE) has published the first Business Turnover Indices (ICNE) based on 2021, which offer a new perspective on the evolution of the Spanish business sector. The data of the […]
«Without tourism, the Canary Islands would be an enormously backward region»

"Our biggest problem is the low productivity of the economy, which is not moving forward" José Carlos Francisco, president of the Economic and Social Council, is interviewed by the Diario de Fuerteventura, click here to read the article: Article
Employee remuneration remains the largest component of income in the EU

Employee remuneration remains the largest component of income in the EU Employee remuneration has remained the main component of income in the European Union (EU) during 2023, representing 47.0% of GDP, according to data published today by Eurostat. This figure remains stable in […]
Employment rate increases slightly in the fourth quarter of 2023

In the EU, the employment rate for people aged 20 to 64 stood at 75.5% in the fourth quarter of 2023, an increase of 0.1 percentage points (pp) compared to the third quarter of 2023. Labor market slack, which covers people with unmet employment needs, a large proportion of whom […]
ISTAC publishes the Statistics of Companies registered in Social Security

The number of companies registered with Social Security in the Canary Islands has experienced an increase of 5% in February 2024 compared to the month of January, according to data published by the Canary Islands Institute of Statistics (ISTAC). Breakdown by island Lanzarote: 5,029 companies (0.3%) Fuerteventura: 3,609 companies (0.9%) Gran Canaria: 23,447 companies (0.2%) Tenerife: […]
EUROSTAT indicates that GDP remains stable and employment grows by 0.3% in the euro zone

In the fourth quarter of 2023, seasonally adjusted adjusted GDP remained stable in both the euro area and the EU, compared to the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the third quarter of 2023, GDP had decreased by 0.1% in the euro area and […]