Economy, jobs and prices in El Hierro (Canary Islands, Spain): official figures
GDP per person was 22,200 purchasing power standards (PPS) in 2023, 58% of the EU average (91% for Spain); 58th highest of 59 provinces in Spain.
How big is the economy of El Hierro?
The local economy produced €231.90 million of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in El Hierro?
About 4,300 people worked in El Hierro in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the average income in El Hierro?
In 2024 the average resident of El Hierro had a net income of €14,374, against €15,948 across Spain; that ranks El Hierro 19th lowest of the country's 59 provinces and islands.
Source: Instituto Nacional de Estadística (INE) · saved copyHow fast are incomes growing in El Hierro?
Net income per person in El Hierro rose 7.3% between 2023 and 2024 and has grown 56% since 2015 (from €9,207); that growth ranks 6th fastest of 56 among the provinces and islands with figures back to 2015.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the average household income in El Hierro?
The average household in El Hierro had a net income of €37,302 in 2024 (€44,697 before tax and social security contributions), compared with €40,605 for Spain.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the median income in El Hierro?
Median income per consumption unit, which adjusts for household size, was €19,250 in El Hierro in 2024 (Spain: €19,950), 30th highest of 59; the mean was €21,285, so the median sat 10% below it.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the main industry in El Hierro?
The largest part of the economy of El Hierro in 2023 was public administration, education, health and other services, at 35.6% of gross value added, followed by trade, transport, hospitality and communications (25.9%).
Source: Eurostat · saved copyHow industrial is El Hierro?
Industry (manufacturing, mining and energy) made up 7.4% of output in 2023, against 16.1% for Spain.
Source: Eurostat · saved copyHow fast is the economy of El Hierro growing?
Gross value added rose from €0.2 billion in 2015 to €0.2 billion in 2023 in current prices, an increase of 31% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in El Hierro?
Of the 4,300 jobs located in El Hierro in 2023, 40% in public services, education, health and other services, 5% in industry and 9.3% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in El Hierro?
The number of people working in El Hierro rose by 19.4% between 2015 and 2023, to 4,300.
Source: Eurostat · saved copyMore figures
- Within the Canary Islands, net income per person in El Hierro (€14,374 in 2024) was 1% below the regional average of €14,550, 3rd lowest of the region's 7 islands. Source: Instituto Nacional de Estadística (INE) · saved copy
- The median income per consumption unit in El Hierro went from €11,550 in 2015 to €19,250 in 2024, a rise of 67%. Source: Instituto Nacional de Estadística (INE) · saved copy
How El Hierro compares with other provinces in Spain
Net income per person (2024)
El Hierro ranks 41 of 59, highest first.
| Rank | Area | Net income per person |
|---|---|---|
| 38 | Melilla | €14,655 |
| 39 | Lanzarote | €14,479 |
| 40 | Ávila | €14,402 |
| 41 | El Hierro | €14,374 |
| 42 | Tenerife | €14,203 |
| 43 | Albacete | €13,873 |
| 44 | Sevilla | €13,827 |
Median income per consumption unit (2024)
El Hierro ranks 30 of 59, highest first.
| Rank | Area | Median income per consumption unit |
|---|---|---|
| 27 | Tarragona | €19,950 |
| 28 | Valencia/València | €19,950 |
| 29 | Castellón/Castelló | €19,250 |
| 30 | El Hierro | €19,250 |
| 31 | Gran Canaria | €19,250 |
| 32 | La Gomera | €19,250 |
| 33 | Lanzarote | €19,250 |
Growth in net income per person since 2015 (2015-2024)
El Hierro ranks 6 of 56, highest first.
| Rank | Area | Growth in net income per person since 2015 |
|---|---|---|
| 3 | Málaga | 58.1% |
| 4 | Lanzarote | 58.1% |
| 5 | Menorca | 57.2% |
| 6 | El Hierro | 56.1% |
| 7 | Tenerife | 55.9% |
| 8 | La Gomera | 55.3% |
| 9 | Fuerteventura | 55.1% |
Share of output from industry (manufacturing, mining and energy) (2023)
El Hierro ranks 47 of 59, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 44 | Menorca | 10.0% |
| 45 | Granada | 9.4% |
| 46 | Madrid | 8.6% |
| 47 | El Hierro | 7.4% |
| 48 | Gran Canaria | 7.1% |
| 49 | Tenerife | 6.6% |
| 50 | La Palma | 6.1% |
Share of output from finance, property and business services (2023)
El Hierro ranks 48 of 59, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 45 | Navarra | 19.6% |
| 46 | Toledo | 19.1% |
| 47 | La Gomera | 18.9% |
| 48 | El Hierro | 18.6% |
| 49 | Albacete | 18.4% |
| 50 | Palencia | 18.1% |
| 51 | Lugo | 18.1% |
Share of output from public administration, education, health and other services (2023)
El Hierro ranks 3 of 59, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 1 | Ceuta | 50.0% |
| 2 | Melilla | 49.9% |
| 3 | El Hierro | 35.6% |
| 4 | Ávila | 32.1% |
| 5 | La Palma | 32.0% |
| 6 | Badajoz | 30.4% |
| 7 | La Gomera | 29.7% |
More on El Hierro: overview · poverty and living standards · government budget · Canary Islands · Spain
Sources
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP per person, PPS (NUTS 3), read 23 October 2026 · saved copy (SHA-256 3bf0fc662f56…)
- Eurostat: Eurostat dataset nama_10r_3gdp: GDP, million euros (NUTS 3), read 23 October 2026 · saved copy (SHA-256 096e15e5fdb3…)
- Eurostat: Eurostat dataset nama_10r_3empers: Employment, thousand people (NUTS 3), read 23 October 2026 · saved copy (SHA-256 664e4e3a6dc0…)
- 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…)
- Instituto Nacional de Estadística (INE): Atlas de Distribución de Renta de los Hogares (ADRH) 2024: indicadores de renta media y mediana por provincias e islas, 2015-2024 (table 53689), read 23 October 2026 · saved copy (SHA-256 883851a1be5e…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.