ISTAC publishes: Statistics of Companies Registered in Social Security 

ISTAC publica: Estadística de Empresas Inscritas en la Seguridad Social
Second quarter of 2024

The registry of Canarian companies registered with Social Security grew by 0.1% in one year
At the end of the second quarter of 2024, the archipelago had 60,654 registered companies, that is, 76 more compared to the same period of the previous year.
The sector that grew the most was Construction. Among the islands, El Hierro was the one that obtained the best evolution.

At the end of the second quarter of 2024, the Social Security of the Canary Islands registered a total of 60,654 registered companies, a decrease of 0.6% compared to the first quarter of 2024 and a growth of 0.1% compared to the same quarter last year.

In absolute terms, the sector with the highest number of companies registered at the end of the second quarter was Services, with a total of 49,504. They are followed by Construction (5,976), Industry (2,851) and Agriculture (2,323).

In terms of annual variation, the sector that grew the most compared to the second quarter of 2023 was Construction, and it did so with exactly 0.2%. As for the rest of the sectors, they presented different variations, Agriculture decreased by 0.2%, Industry grew by 0.1%, and Services grew by 0.1%.
Tenerife and Gran Canaria were the islands that registered the highest number of companies registered with Social Security, with 27,560 and 23,277 respectively in the second quarter.

The rest of the Canary archipelago was as follows: Lanzarote with 5,070, Fuerteventura with 3,605, La Palma with 2,527, La Gomera with 602 and finally El Hierro with 348.

El Hierro was the island that grew the most in contrast to the same quarter of the previous year, registering an annual variation rate of 4.2%. The rest of the islands presented different variations, being 1.7% for La Palma, 1.4% for Fuerteventura, 1.1% for Lanzarote, 0.8% for La Gomera, 0.4% for Tenerife and -0.5% for Gran Canaria.

More information at ISTAC, Grafcan.

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