Government budget and revenue in Tenerife (Canary Islands, Spain): official figures

Gross income per resident in Tenerife was €17,125 in 2024; income tax and social security contributions took 17.1% of it, less than the national share of 19.1% (26th lowest of 59).

More figures

• Tenerife accounted for 57% 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 Santa Cruz de Tenerife, which includes Tenerife, owed a combined €154.3 million at the end of 2025. Source: Ministerio de Hacienda · saved copy
• Island council debt in Tenerife works out at €153 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 Tenerife compares with other provinces in Spain

Income tax and social contributions as a share of gross income (2024)

Tenerife ranks 34 of 59, highest first.

Provincial or island council debt per resident (2025)

Tenerife ranks 4 of 51, highest first. diputaciones, foral diputaciones, consells and cabildos; debt at 31 December 2025 divided by the 2024 population

More on Tenerife: 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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