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Economy, jobs and prices in Gran Canaria (Canary Islands, Spain): official figures

GDP per person was 26,900 purchasing power standards (PPS) in 2023, 70% of the EU average (91% for Spain); 45th highest of 59 provinces in Spain.

GDP per person (PPS)
26,900
2023
People in work
352,500
2023
Net income per person (€)
14,992
2024

How big is the economy of Gran Canaria?

The local economy produced €20.8 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Gran Canaria?

About 352,500 people worked in Gran Canaria in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the average income in Gran Canaria?

In 2024 the average resident of Gran Canaria had a net income of €14,992, against €15,948 across Spain; that ranks Gran Canaria 27th lowest of the country's 59 provinces and islands.

Source: Instituto Nacional de Estadística (INE) · saved copy

How fast are incomes growing in Gran Canaria?

Net income per person in Gran Canaria rose 7.3% between 2023 and 2024 and has grown 55% since 2015 (from €9,693); that growth ranks 11th fastest of 56 among the provinces and islands with figures back to 2015.

Source: Instituto Nacional de Estadística (INE) · saved copy

What is the average household income in Gran Canaria?

Households on the island of Gran Canaria took home €39,456 a year on average in 2024; before income tax and social security contributions the figure was €47,743. The national household average was €40,605.

Source: Instituto Nacional de Estadística (INE) · saved copy

What is the median income in Gran Canaria?

Median income per consumption unit, which adjusts for household size, was €19,250 in Gran Canaria in 2024 (Spain: €19,950), 29th lowest of 59; the mean was €22,384, so the median sat 14% below it.

Source: Instituto Nacional de Estadística (INE) · saved copy

What is the main industry in Gran Canaria?

The largest part of the economy of Gran Canaria in 2023 was trade, transport, hospitality and communications, at 33.8% of gross value added, followed by public administration, education, health and other services (26.8%).

Source: Eurostat · saved copy

How industrial is Gran Canaria?

Industry (manufacturing, mining and energy) made up 7.1% of output in 2023, against 16.1% for Spain.

Source: Eurostat · saved copy

How fast is the economy of Gran Canaria growing?

Gross value added rose from €14.0 billion in 2015 to €19.6 billion in 2023 in current prices, an increase of 39% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Gran Canaria?

Of the 352,500 jobs located in Gran Canaria in 2023, 34% in public services, education, health and other services, 5% in industry and 2.0% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Gran Canaria?

The number of people working in Gran Canaria rose by 19.8% between 2015 and 2023, to 352,500.

Source: Eurostat · saved copy

More figures

How Gran Canaria compares with other provinces in Spain

Net income per person (2024)

Gran Canaria ranks 33 of 59, highest first.

RankAreaNet income per person
30La Palma€15,102
31Lugo€15,089
32Pontevedra€15,002
33Gran Canaria€14,992
34Ourense€14,865
35Zamora€14,861
36Castellón/Castelló€14,693
Source: Instituto Nacional de Estadística (INE) · saved copy

Median income per consumption unit (2024)

Gran Canaria ranks 31 of 59, highest first.

RankAreaMedian income per consumption unit
28Valencia/València€19,950
29Castellón/Castelló€19,250
30El Hierro€19,250
31Gran Canaria€19,250
32La Gomera€19,250
33Lanzarote€19,250
34Lugo€19,250
Source: Instituto Nacional de Estadística (INE) · saved copy

Growth in net income per person since 2015 (2015-2024)

Gran Canaria ranks 11 of 56, highest first.

RankAreaGrowth in net income per person since 2015
8La Gomera55.3%
9Fuerteventura55.1%
10Córdoba54.8%
11Gran Canaria54.7%
12Jaén54.3%
13Cádiz54.0%
14Badajoz53.0%
Source: Instituto Nacional de Estadística (INE) · saved copy

Share of output from industry (manufacturing, mining and energy) (2023)

Gran Canaria ranks 48 of 59, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
45Granada9.4%
46Madrid8.6%
47El Hierro7.4%
48Gran Canaria7.1%
49Tenerife6.6%
50La Palma6.1%
51Málaga6.1%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2023)

Gran Canaria ranks 12 of 59, highest first.

RankAreaShare of output from finance, property and business services
9Valencia/València25.9%
10Granada25.5%
11Girona24.8%
12Gran Canaria24.8%
13Asturias24.7%
14Sevilla24.4%
15Cantabria24.3%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2023)

Gran Canaria ranks 12 of 59, highest first.

RankAreaShare of output from public administration, education, health and other services
9Jaén27.5%
10Cádiz27.5%
11Granada26.9%
12Gran Canaria26.8%
13Cáceres26.4%
14Tenerife25.8%
15Salamanca25.8%
Source: Eurostat · saved copy

More on Gran Canaria: overview · poverty and living standards · government budget · Canary Islands · Spain

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