Canary Islands’ Economy Grows by 3.4% in Q1 2025, Surpassing the National Average

Canary Islands' Economy Grows by 3.4% in Q1 2025, Surpassing the National Average

The Gross Domestic Product (GDP) of the Canary Islands grew by 3.4% year-on-year in the first quarter of 2025, outperforming the national economy by 0.6 percentage points. This strong growth positions the Canary Islands as one of the best-performing regions in Spain at the beginning of the year. According to the data available so far, […]

Canary Islands’ Economy Grows by 3.4% in Q1 2025, Surpassing the National Average Read More »

Inflation Rises in the Canary Islands in April, Reaching 1.8%

Inflation Rises in the Canary Islands in April, Reaching 1.8%

Inflation in the Canary Islands saw a slight increase in April, with the annual Consumer Price Index (CPI) variation rate reaching 1.8%, according to the latest data published by the Canary Islands Statistics Institute (ISTAC). This marks a two-tenths increase compared to March (1.6%). Despite this rise, the Canary Islands remain below the national average,

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Canary Islands see a 0.3% increase in businesses registered with Social Security in April 2025

Canary Islands see a 0.3% increase in businesses registered with Social Security in April 2025

The business landscape in the Canary Islands continues to show signs of stability, with a slight year-on-year growth in the number of companies registered with Social Security. In April 2025, the total number of registered businesses reached 60,973, which represents 164 more companies compared to the same month in 2024 — an annual increase of

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León Brothers Crowned Runners-Up at the Spanish Frontenis Championships and Qualify for the European Championship

León Brothers Crowned Runners-Up at the Spanish Frontenis Championships and Qualify for the European Championship

Guadassuar, Valencia – April 2025At the end of April, the town of Guadassuar in Valencia hosted the Spanish Frontenis Olympic 30M Championship – First Division, bringing together the top frontenis players from across the country for a high-level competition. Among the standout athletes were Adrián and Hugo León, representing the Real Club Náutico de Tenerife

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Retail Sales Grow by 3.9% in the Canary Islands, with Strong Employment Growth in the Sector

Retail Sales Grow by 3.9% in the Canary Islands, with Strong Employment Growth in the Sector

Retail trade in the Canary Islands continues to show solid performance. In March 2025, the annual variation rate of the general retail trade index at constant prices —which eliminates the effect of price changes— provisionally stood at 3.9%, slightly above the national average of 3.7%. This places the Canary Islands ninth in the national ranking

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Canary Islands Increase Foreign Trade in Early 2025 but Maintain a Large Trade Deficit

Canary Islands Increase Foreign Trade in Early 2025 but Maintain a Large Trade Deficit

Imports to the Canary Islands during the first two months of 2025 reached a provisional value of €3.74 billion, representing a 2.8% increase compared to the same period in 2024, according to data from the Canary Islands Institute of Statistics (ISTAC). Exports, on the other hand, totaled €668.02 million, marking a 5.6% rise over January

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Business confidence rises slightly in Q2 2025, driven by transport and hospitality

Business confidence rises slightly in Q2 2025, driven by transport and hospitality

Business confidence in Spain has seen a slight 0.1% increase in the second quarter of 2025 compared to the previous quarter, according to the latest data published by the National Statistics Institute (INE). This modest improvement is mainly driven by the transport and hospitality sectors, which posted the highest increase at 1.6%. In contrast, the

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Canary Islands Lead Retail Employment Growth and Rank Among Top Regions in Sales Increase

Canary Islands Lead Retail Employment Growth and Rank Among Top Regions in Sales Increase

Retail activity in the Canary Islands continues to show strong performance. In February 2025, the annual variation rate of the general retail trade index at constant prices — that is, excluding the effect of price changes — stood provisionally at 2.2%, well above the national average of 0.8%. This places the Canary Islands in third

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Employment in the Canary Islands continues to rise: March records 937,245 Social Security affiliations

Employment in the Canary Islands continues to rise: March records 937,245 Social Security affiliations

Average affiliations grow by 3.4% compared to March 2024 In March 2025, the average number of Social Security affiliations in the Canary Islands reached 937,245, reflecting an increase of 3,149 affiliations compared to the previous month. On a year-on-year basis, the growth was even more significant, with 30,991 more affiliations than in March 2024, representing

Employment in the Canary Islands continues to rise: March records 937,245 Social Security affiliations Read More »

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