Economy, jobs and prices in Canary Islands, Spain: official figures
GDP per person was 28,900 purchasing power standards (PPS) in 2024, 72% of the EU average; 15th highest of 19 autonomous communities in Spain. PPS adjust for price differences between countries.
How big is the economy of Canary Islands?
The regional economy produced €58.1 billion of output (GDP at market prices) in 2024, 3.6% of Spain's GDP.
Source: Eurostat · saved copyWhat is the unemployment rate in Canary Islands?
The unemployment rate (age 15 to 74) was 13.5% in 2025, against 10.5% for Spain and 6.0% across the EU; 5th highest of 19 autonomous communities in Spain.
Source: Eurostat · saved copyWhat is youth unemployment in Canary Islands?
Youth unemployment (age 15 to 24) was 29.5% in 2025, against 24.9% for Spain; 6th highest of 19 autonomous communities in Spain.
Source: Eurostat · saved copyHow much does Canary Islands spend on research and development?
Spending on research and development came to 0.53% of GDP in 2024 (1.50% nationally).
Source: Eurostat · saved copyHow many people in Canary Islands are long-term unemployed?
In 2025, 5.4% of the labour force in Canary Islands had been unemployed for 12 months or more, compared with 3.4% nationally and 1.9% in the EU; 3rd highest of 19 autonomous communities in Spain. In 2015 it was 17.4%.
Source: Eurostat · saved copyWhat is the unemployment rate for women in Canary Islands?
The unemployment rate for women in Canary Islands was 15.1% in 2025, compared with 11.9% nationally and 6.2% in the EU; 6th highest of 19 autonomous communities in Spain. In 2015 it was 30.6%.
Source: Eurostat · saved copyHow many women in Canary Islands are in work?
63.7% of women aged 20 to 64 were in work in 2025, compared with 67.6% nationally and 71.3% in the EU; 7th lowest of 19 autonomous communities in Spain. In 2015 it was 50.3%.
Source: Eurostat · saved copyIs the economy of Canary Islands growing?
In real terms the economy of Canary Islands grew by 4.7% in 2024 (gross value added), compared with 3.9% nationally; 2nd highest of 19 autonomous communities in Spain. In 2014 it was 0.4%.
Source: Eurostat · saved copyHow many cars are there in Canary Islands?
There were 609 passenger cars per 1,000 people in 2024, compared with 543 nationally; 5th highest of 19 autonomous communities in Spain. In 2014 it was 480.
Source: Eurostat · saved copyWhat is the average salary in Canary Islands?
Employers paid an average of €22,751 per employee in 2024, counting wages, salaries and employer social contributions, against €25,604 across Spain; 4th lowest of 19 autonomous communities in Spain.
Source: Eurostat · saved copyHow many tourists visit Canary Islands?
Hotels, campsites and other tourist accommodation recorded 102.3 million nights in 2025, 88% of them by visitors from abroad.
Source: Eurostat · saved copyWhat is the main industry in Canary Islands?
The largest part of the economy of Canary Islands in 2024 was trade, transport, hospitality and communications, at 36.2% of gross value added, followed by public administration, education, health and other services (25.4%).
Source: Eurostat · saved copyHow industrial is Canary Islands?
Industry (manufacturing, mining and energy) made up 6.1% of output in 2024, against 15.6% for Spain.
Source: Eurostat · saved copyHow fast is the economy of Canary Islands growing?
Gross value added rose from €37.3 billion in 2015 to €54.6 billion in 2024 in current prices, an increase of 46% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Canary Islands?
Of the 937,300 jobs located in Canary Islands in 2024, 32% in public services, education, health and other services, 5% in industry and 2.2% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Canary Islands?
The number of people working in Canary Islands rose by 22.6% between 2015 and 2024, to 937,300.
Source: Eurostat · saved copyHow Canary Islands compares with other autonomous communities
Long-term unemployment (% of labour force) (2025)
Canary Islands ranks 3 of 19, highest first.
| Rank | Region | Long-term unemployment (% of labour force) |
|---|---|---|
| 1 | Ciudad de Melilla | 16.3% |
| 2 | Ciudad de Ceuta | 14.8% |
| 3 | Canary Islands | 5.4% |
| 4 | Andalusia | 5.1% |
| 5 | Castilla-La Mancha | 4.6% |
| 6 | Extremadura | 4.6% |
| 7 | Murcia | 4.1% |
Unemployment rate, women (2025)
Canary Islands ranks 6 of 19, highest first.
| Rank | Region | Unemployment rate, women |
|---|---|---|
| 3 | Andalusia | 18.2% |
| 4 | Extremadura | 17.6% |
| 5 | Castilla-La Mancha | 16.6% |
| 6 | Canary Islands | 15.1% |
| 7 | Valencian Community | 13.7% |
| 8 | Murcia | 13.6% |
| 9 | Aragón | 9.9% |
Employment rate, women aged 20-64 (2025)
Canary Islands ranks 13 of 19, highest first.
| Rank | Region | Employment rate, women aged 20-64 |
|---|---|---|
| 10 | Castilla y León | 69.1% |
| 11 | Asturias | 68.4% |
| 12 | Valencian Community | 65.0% |
| 13 | Canary Islands | 63.7% |
| 14 | Murcia | 62.1% |
| 15 | Castilla-La Mancha | 61.7% |
| 16 | Extremadura | 60.5% |
Real growth in gross value added (2024)
Canary Islands ranks 2 of 19, highest first.
| Rank | Region | Real growth in gross value added |
|---|---|---|
| 1 | Murcia | 5.0% |
| 2 | Canary Islands | 4.7% |
| 3 | Balearic Islands | 4.6% |
| 4 | Catalonia | 4.2% |
| 5 | Andalusia | 4.1% |
| 6 | Madrid | 4.0% |
| 7 | Castilla-La Mancha | 4.0% |
Passenger cars per 1,000 people (2024)
Canary Islands ranks 5 of 19, highest first.
| Rank | Region | Passenger cars per 1,000 people |
|---|---|---|
| 2 | Balearic Islands | 616 |
| 3 | Ciudad de Melilla | 615 |
| 4 | Galicia | 611 |
| 5 | Canary Islands | 609 |
| 6 | Madrid | 606 |
| 7 | Castilla y León | 601 |
| 8 | Castilla-La Mancha | 599 |
Compensation per employee (euros) (2024)
Canary Islands ranks 16 of 19, highest first.
| Rank | Region | Compensation per employee (euros) |
|---|---|---|
| 13 | Castilla y León | €23,609 |
| 14 | Ciudad de Melilla | €23,349 |
| 15 | Castilla-La Mancha | €23,239 |
| 16 | Canary Islands | €22,751 |
| 17 | Andalusia | €22,561 |
| 18 | Murcia | €21,567 |
| 19 | Extremadura | €21,480 |
Nights spent in tourist accommodation (2025)
Canary Islands ranks 1 of 19, highest first.
| Rank | Region | Nights spent in tourist accommodation |
|---|---|---|
| 1 | Canary Islands | 102.3 million |
| 2 | Catalonia | 89.8 million |
| 3 | Andalusia | 77.9 million |
| 4 | Balearic Islands | 73.4 million |
| 5 | Valencian Community | 54.7 million |
| 6 | Madrid | 33.0 million |
| 7 | Galicia | 13.5 million |
Share of output from industry (manufacturing, mining and energy) (2024)
Canary Islands ranks 16 of 19, highest first.
| Rank | Region | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 13 | Valencian Community | 17.4% |
| 14 | Andalusia | 11.7% |
| 15 | Madrid | 8.2% |
| 16 | Canary Islands | 6.1% |
| 17 | Balearic Islands | 5.2% |
| 18 | Ciudad de Ceuta | 5.1% |
| 19 | Ciudad de Melilla | 3.3% |
Share of output from finance, property and business services (2024)
Canary Islands ranks 5 of 19, highest first.
| Rank | Region | Share of output from finance, property and business services |
|---|---|---|
| 2 | Balearic Islands | 28.3% |
| 3 | Catalonia | 27.7% |
| 4 | Valencian Community | 25.5% |
| 5 | Canary Islands | 24.9% |
| 6 | Asturias | 24.8% |
| 7 | Basque Country | 24.4% |
| 8 | Andalusia | 24.3% |
Share of output from public administration, education, health and other services (2024)
Canary Islands ranks 4 of 19, highest first.
| Rank | Region | Share of output from public administration, education, health and other services |
|---|---|---|
| 1 | Ciudad de Ceuta | 49.5% |
| 2 | Ciudad de Melilla | 49.4% |
| 3 | Extremadura | 28.5% |
| 4 | Canary Islands | 25.4% |
| 5 | Andalusia | 24.8% |
| 6 | Castilla y León | 23.9% |
| 7 | Castilla-La Mancha | 22.7% |
More on Canary Islands: overview · health · education and schools · poverty and living standards · government budget · government and politics · Spain
Sources
- Eurostat: Eurostat dataset nama_10r_2gdp: GDP per person (purchasing power standards), read 23 October 2026 · saved copy (SHA-256 c21f724d14a6…)
- Eurostat: Eurostat dataset nama_10r_2gdp: GDP per person (euros), read 23 October 2026 · saved copy (SHA-256 537f99167955…)
- Eurostat: Eurostat dataset nama_10r_2gdp: GDP (million euros), read 23 October 2026 · saved copy (SHA-256 e3677c4e6d67…)
- Eurostat: Eurostat dataset lfst_r_lfu3rt: Unemployment rate (age 15-74), read 23 October 2026 · saved copy (SHA-256 13f5037ce93a…)
- Eurostat: Eurostat dataset lfst_r_lfu3rt: Youth unemployment rate (age 15-24), read 23 October 2026 · saved copy (SHA-256 83bb1aebc10b…)
- Eurostat: Eurostat dataset lfst_r_lfe2emprt: Employment rate (age 20-64), read 23 October 2026 · saved copy (SHA-256 03191283bf5f…)
- Eurostat: Eurostat dataset rd_e_gerdreg: Research and development spending (% of GDP), read 23 October 2026 · saved copy (SHA-256 36a9132b2284…)
- Eurostat: Eurostat dataset lfst_r_lfu3rt: Unemployment rates by sex, age, educational attainment level and NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 ac151d8a46d5…)
- Eurostat: Eurostat dataset lfst_r_lfe2emprt: Employment rates by sex, age and NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 51bfca80dc8b…)
- Eurostat: Eurostat dataset tran_r_vehst: Stock of vehicles by category and NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 5adf37bcb393…)
- Eurostat: Eurostat dataset nama_10r_2gvagr: Real growth rate of regional gross value added (GVA) at basic prices by NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 ba2c4bdc7c37…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment (thousand persons) by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 222a97c302d3…)
- Eurostat: Eurostat dataset nama_10r_3gva: Gross value added at basic prices by NUTS 3 region and industry, read 23 October 2026 · saved copy (SHA-256 c656e8563bdf…)
- Eurostat: Eurostat dataset nama_10r_2coe: Compensation of employees by NUTS 2 region and industry, read 23 October 2026 · saved copy (SHA-256 895d7cc9e826…)
- Eurostat: Eurostat dataset tour_occ_nin2: Nights spent at tourist accommodation establishments by NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 06f6a82909c0…)
- Eurostat: Eurostat dataset lfst_r_lfu2ltu: Long-term unemployment (12 months and more) by NUTS 2 region, read 23 October 2026 · saved copy (SHA-256 3d5d17a32863…)
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