Economy, jobs and prices in Fuerteventura (Canary Islands, Spain): official figures
GDP per person was 27,400 purchasing power standards (PPS) in 2023, 71% of the EU average (91% for Spain); 42nd highest of 59 provinces in Spain.
How big is the economy of Fuerteventura?
The local economy produced €3.1 billion of output (GDP) in 2023.
Source: Eurostat · saved copyHow many people work in Fuerteventura?
About 52,700 people worked in Fuerteventura in 2023 (employment by place of work).
Source: Eurostat · saved copyWhat is the average income in Fuerteventura?
Net income averaged €13,807 per resident on the island of Fuerteventura in 2024, 87% of the Spanish average of €15,948 and 15th lowest of Spain's 59 provinces and islands.
Source: Instituto Nacional de Estadística (INE) · saved copyHow fast are incomes growing in Fuerteventura?
Net income per person in Fuerteventura rose 6.7% between 2023 and 2024 and has grown 55% since 2015 (from €8,904); that growth ranks 9th 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 Fuerteventura?
The average household in Fuerteventura had a net income of €37,664 in 2024 (€45,327 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 Fuerteventura?
Median income per consumption unit, which adjusts for household size, was €18,550 in Fuerteventura in 2024 (Spain: €19,950), 24th lowest of 59; the mean was €20,897, so the median sat 11% below it.
Source: Instituto Nacional de Estadística (INE) · saved copyWhat is the main industry in Fuerteventura?
The largest part of the economy of Fuerteventura in 2023 was trade, transport, hospitality and communications, at 46.9% of gross value added, followed by finance, property and business services (22.0%).
Source: Eurostat · saved copyHow industrial is Fuerteventura?
Industry (manufacturing, mining and energy) made up 4.5% of output in 2023, against 16.1% for Spain.
Source: Eurostat · saved copyHow fast is the economy of Fuerteventura growing?
Gross value added rose from €2.0 billion in 2015 to €2.9 billion in 2023 in current prices, an increase of 41% before inflation.
Source: Eurostat · saved copyWhat jobs do people do in Fuerteventura?
Of the 52,700 jobs located in Fuerteventura in 2023, 24% in public services, education, health and other services, 3% in industry and 1.1% in farming, forestry and fishing.
Source: Eurostat · saved copyAre jobs growing in Fuerteventura?
The number of people working in Fuerteventura rose by 21.1% between 2015 and 2023, to 52,700.
Source: Eurostat · saved copyMore figures
- Within the Canary Islands, net income per person in Fuerteventura (€13,807 in 2024) was 5% below the regional average of €14,550, the lowest of the region's 7 islands. Source: Instituto Nacional de Estadística (INE) · saved copy
- The median income per consumption unit in Fuerteventura went from €12,250 in 2015 to €18,550 in 2024, a rise of 51%. Source: Instituto Nacional de Estadística (INE) · saved copy
How Fuerteventura compares with other provinces in Spain
Net income per person (2024)
Fuerteventura ranks 45 of 59, highest first.
| Rank | Area | Net income per person |
|---|---|---|
| 42 | Tenerife | €14,203 |
| 43 | Albacete | €13,873 |
| 44 | Sevilla | €13,827 |
| 45 | Fuerteventura | €13,807 |
| 46 | Málaga | €13,737 |
| 47 | Cuenca | €13,624 |
| 48 | Cáceres | €13,614 |
Median income per consumption unit (2024)
Fuerteventura ranks 36 of 59, highest first.
| Rank | Area | Median income per consumption unit |
|---|---|---|
| 33 | Lanzarote | €19,250 |
| 34 | Lugo | €19,250 |
| 35 | Salamanca | €19,250 |
| 36 | Fuerteventura | €18,550 |
| 37 | La Palma | €18,550 |
| 38 | Ourense | €18,550 |
| 39 | Tenerife | €18,550 |
Growth in net income per person since 2015 (2015-2024)
Fuerteventura ranks 9 of 56, highest first.
| Rank | Area | Growth in net income per person since 2015 |
|---|---|---|
| 6 | El Hierro | 56.1% |
| 7 | Tenerife | 55.9% |
| 8 | La Gomera | 55.3% |
| 9 | Fuerteventura | 55.1% |
| 10 | Córdoba | 54.8% |
| 11 | Gran Canaria | 54.7% |
| 12 | Jaén | 54.3% |
Share of output from industry (manufacturing, mining and energy) (2023)
Fuerteventura ranks 57 of 59, highest first.
| Rank | Area | Share of output from industry (manufacturing, mining and energy) |
|---|---|---|
| 53 | Mallorca | 5.5% |
| 54 | Ceuta | 5.2% |
| 55 | Lanzarote | 4.9% |
| 56 | La Gomera | 4.8% |
| 57 | Fuerteventura | 4.5% |
| 58 | Eivissa y Formentera | 3.7% |
| 59 | Melilla | 3.4% |
Share of output from finance, property and business services (2023)
Fuerteventura ranks 28 of 59, highest first.
| Rank | Area | Share of output from finance, property and business services |
|---|---|---|
| 25 | Valladolid | 22.2% |
| 26 | León | 22.1% |
| 27 | Melilla | 22.1% |
| 28 | Fuerteventura | 22.0% |
| 29 | Jaén | 21.8% |
| 30 | Menorca | 21.6% |
| 31 | Lleida | 21.4% |
Share of output from public administration, education, health and other services (2023)
Fuerteventura ranks 49 of 59, highest first.
| Rank | Area | Share of output from public administration, education, health and other services |
|---|---|---|
| 46 | Lleida | 20.2% |
| 47 | Mallorca | 20.0% |
| 48 | Navarra | 19.8% |
| 49 | Fuerteventura | 19.5% |
| 50 | Huesca | 19.4% |
| 51 | Lanzarote | 19.2% |
| 52 | Cuenca | 19.1% |
More on Fuerteventura: 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…)
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