Second quarter 2024
The interannual GDP grew in the Canary Islands, in the second quarter of 2024, by 3.7% compared to
to 2.9% registered by the whole of Spain
Quarterly, the Canary Islands GDP registered an increase of 1.0%, while the Spanish GDP
increased 0.8%
Year-on-year GDP variations
The Gross Domestic Product (GDP) generated by the Canary Islands economy registered an interannual growth of 3.7% in the
second quarter of 2024 compared to the same period of the previous year. This data, known as the
real variation of GDP, was 0.8 percentage points better than that registered by the national economy. Until the date of
this publication, the regional statistical offices that have published GDP data for this quarter record
the following growth: Andalusia (2.8%), Navarra (2.5%), the Basque Country (1.8%) and Catalonia (2.9%).
All economic sectors register growth compared to the previous year, highlighting the industry sector
with an increase of 4.8%, followed by the services sector (3.8%), construction (2.2%), and the primary sector (2.2%).
Quarterly variations in GDP
In quarterly terms, the Canary Islands GDP registered an increase of 1.0%, at the national level the economy experienced a
growth in this quarter of 0.8%. The data available by autonomous community reflects the following
variations: Andalusia (0.8%), Navarra (0.7%), Basque Country (0.4%) and Catalonia (0.8%).
More information at ISTAC, Grafcan.
