Government budget and revenue in Lanzarote (Canary Islands, Spain): official figures
Gross income per resident in Lanzarote was €17,500 in 2024; income tax and social security contributions took 17.3% of it, less than the national share of 19.1% (28th highest of 59).
How much debt does the Cabildo Insular de Lanzarote have?
The Cabildo Insular de Lanzarote, the island council, had outstanding debt of €19.8 million at the end of 2025, about €122 per resident, 5th highest of Spain's 51 provincial and island councils.
Source: Ministerio de Hacienda · saved copyMore figures
- Lanzarote accounted for 8% of the €256.1 million owed by the island councils of the Canary Islands at the end of 2025. Source: Ministerio de Hacienda · saved copy
- Town halls across the province of Las Palmas, which includes Lanzarote, owed a combined €40.2 million at the end of 2025. Source: Ministerio de Hacienda · saved copy
- Island council debt in Lanzarote works out at €122 per resident, compared with a median of €7 across Spain's 51 provincial and island councils at the end of 2025. Source: Ministerio de Hacienda · saved copy
How Lanzarote compares with other provinces in Spain
Income tax and social contributions as a share of gross income (2024)
Lanzarote ranks 28 of 59, highest first.
| Rank | Area | Income tax and social contributions as a share of gross income |
|---|---|---|
| 25 | Gran Canaria | 17.4% |
| 26 | Bizkaia | 17.3% |
| 27 | Alicante/Alacant | 17.3% |
| 28 | Lanzarote | 17.3% |
| 29 | Gipuzkoa | 17.2% |
| 30 | Sevilla | 17.2% |
| 31 | Palencia | 17.2% |
Provincial or island council debt per resident (2025)
Lanzarote ranks 5 of 51, highest first. diputaciones, foral diputaciones, consells and cabildos; debt at 31 December 2025 divided by the 2024 population
| Rank | Area | Provincial or island council debt per resident |
|---|---|---|
| 2 | Araba/Álava | €1,579 |
| 3 | Gipuzkoa | €176 |
| 4 | Tenerife | €153 |
| 5 | Lanzarote | €122 |
| 6 | Teruel | €116 |
| 7 | Mallorca | €108 |
| 8 | Gran Canaria | €98 |
More on Lanzarote: overview · economy and jobs · poverty and living standards · Canary Islands · Spain
Sources
- 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…)
- Ministerio de Hacienda: Deuda viva de las Entidades Locales a 31/12/2025: ayuntamientos, diputaciones, consejos y cabildos insulares, read 23 October 2026 · saved copy (SHA-256 831355e52dd9…)
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