23 Jan New Neighborhood, Mayorazgo, Jinámar and El Lasso are the neighborhoods in the Canary Islands with the highest unemployment rate in the fourth quarter of 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias On the opposite side, The neighborhoods with the lowest unemployment rates are El Cable (3,3%) and La Concha
(4,8), in Reef, The Minilla (5,8%) and Zurbarán (6,7%), in Las Palmas de Gran Canaria Oasis del Sur
(6,2%) and Playa de las Américas (6,7%) in Arona and Tristan (4,2%) and Mimosas (6%) in Santa Cruz de
Tenerife.

At municipal level, Yaiza and Pájara are the municipalities with the lowest unemployment rate in the fourth quarter
de 2024. These municipalities belong to Lanzarote and Fuerteventura, respectivamente, what are the islands
with the lowest unemployment rate, both with less than 10%. On these islands are concentrated the five
municipalities with the lowest unemployment rate in the Canary Islands. In addition to Yaiza and Pájara, are Saint Bartholomew
(7,7%), Teguise (7,8%) and aunts (7,9%).

In the opposite case, Garafia (23,4%) It is the municipality that has the highest unemployment rate in this
period, followed by Tazacorte (20,5%), Agaete (20,1%), Moya (19,7%), and The Victory of Acentejo
(18,8%). The islands with the highest rate of registered claimants are Gran Canaria (16%) y La Palma
(15,8%).

If we consider the rates of registered claimants for men and women, in general the rates of
women are older than men, although in La Gomera similar figures are reached in both
sexes. The greatest inequalities in this unemployment rate occur in La Palma with 5,1 puntos
percentage difference, followed by Gran Canaria with almost 4,7 puntos.

Por otra parte, the number of registered claimants fell in one year in almost all the islands to
Fuerteventura exception, where it remained in similar figures to the same quarter of 2023, and in the
Palma and El Hierro, where registered unemployment rose.

Use of integrated administrative records

The Registered Active Population Statistics provides submunicipal data, municipal, islands and
georeferenced autonomous systems from 2011. At this time, employment data by neighborhood is only available
available for the municipalities of Santa Cruz de Tenerife, Las Palmas de Gran Canaria, reef and
Aaron.

In contrast to other employment-related operations, the sources of data collection
for EPA-Reg son integrated administrative records, that allow you to study the labor market
Canary Islands jointly, while territorially disaggregated data can be obtained at the
even submunicipal.

Carrying out personalized searches of the employment situation in any area of ​​the islands of
georeferenced form facilitates the identification of regional disparities and the comparison of
data by geographical area.

Source:: Noticias Económicas de Canarias

22 Jan Imports in value in the Canary Islands until November 2024 recorded an increase of 0,6% about 2023

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Por otra parte, y también provisionalmente, el total de exportaciones es de 3.299,917 millones de
euros and the rate of variation with respect to 2023 es del 8,8%. The trade deficit reaches
16.954,191 millones de euros y la tasa de cobertura, que se calcula como el cociente entre el total
de exportaciones y el de importaciones, take the value 16,3%.

Un 29,8% of imports made in November 2024 were machinery and equipment
transporte. Imports of food-related products also stand out. (23,5%)
and various manufactured articles (16,3%). El 75,7% of imports came from the rest
from Spain, mientras que el 12,7% were made from the rest of the EU-27_2020. El 91,2% they proceeded
from the whole of Europe and other 4,0% from America.

En cuanto a las exportaciones, el 42,3% corresponded to oil and its derivatives, el 12,2% a
machinery and transport equipment and 10,5% to food-related products. El 23,9%
of exports were destined for the rest of Spain, other 29,6% the rest of the EU-27_2020,
el 57,2% Europe and other 12,2% Africa.

Source:: Noticias Económicas de Canarias

21 Jan Hotel and non-hotel occupancy rates expected for January, febrero y marzo son 82%, 76% and the 71% and 85%, 80% and 73% respectivamente

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias El 55% of the managers of hotel establishments in the Canary Islands consider that the progress of their
business during the first quarter of 2025 will be favorable while the 6% think it will be
unfavorable. Likewise, el 54% of managers of non-hotel establishments
considers that the progress of the business will be favorable while the 4% thinks it will be unfavorable.

Regarding the trend of the main factors of the business climate for the first quarter
de 2025, in relation to the previous quarter, in general, managers of hotel establishments and
non-hotel owners consider that they will remain stable, siendo el 77% and the 91%, respectivamente, en el
employment, el 74% and the 81% in investment, el 52% and the 67% in the price level and the 54% and the 60% en
billing.

Respecto a la tendencia del grado de ocupación para el primer trimestre, en relación a 2024, el
57,13% and the 64,13% of hotel and non-hotel establishment managers consider that
will keep stable.

Source:: Noticias Económicas de Canarias

21 Jan Business confidence in the Canaries recorded in the first quarter of 2025 una subida del 1% with respect to the previous

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias El 21,8% of the managers of the Canarian establishments consider that the progress of their
business will be favorable in the first quarter of 2025, mientras que el 14,0% think it will be
unfavorable. The balance of expectations, calculated as the difference between the percentage of
favorable and unfavorable responses, se sitúa en 7,8 puntos, empeorando los 12,6 of the quarter
anterior.

En lo que respecta a la marcha de su negocio en el cuarto trimestre de 2024, el 31,8% of the
management people have had a favorable opinion. Por otra parte, el 11,8% has given his opinion
unfavorable, lo que hace que el balance de situación, calculado análogamente al de expectativas,
tome el valor 20,0, mejorando los 10,8 puntos del trimestre anterior.

Por islas, la confianza empresarial respecto al cuarto trimestre de 2024 has increased a 2,6% en
Tenerife, a 1,9% in Gran Canaria, a 1,7% in La Palma, a 1,1% in La Gomera and a 0,9% in Lanzarote,
while it has decreased 10,6% in El Hierro and a 1,9% in Fuerteventura. Regarding sectors of
activity, has gone up a 3,8% in construction, a 2,1% in trade, a 1,7% en otros servicios
(services sector except trade, transporte y hostelería) y un 0,3% in the industry and has dropped
1,8% in transportation and hospitality.

Source:: Noticias Económicas de Canarias

21 Jan Vehicle registration increased by 2024 but it went down in the case of passenger cars

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias By type of vehicles, passenger cars were the ones that led the number of registrations, con
49.984 units, but it was also the only sector that fell compared to 2023, con una caída del 7
por ciento. Por el contrario, increased the number of registered motorcycles by almost one 12 por
hundred. The registration of motorcycles represents the 18,6 percent of total vehicles. This data
It is the highest of all those published.

The registration of vehicles with electric traction has increased by 1,7 percent in 2024. Los
electric passenger cars are the ones that have increased the most (a 6,9 percent more), while those who
They have gasoline traction, they dropped one 17 percent with respect to 2023.

Por islas, Enrollment increased significantly in El Hierro (a 53 % more than in the year
anterior) and in Fuerteventura (21,3%). Gran Canaria was the island that presented the greatest number of
matriculaciones (35.915) and also presented the most pronounced decrease with respect to 2023, with a
fall of 4%. In Tenerife, The number of registrations increased by 4%. The sum of registrations
on both islands it represents the 82 percent of the total of the Canary Islands.

Rental vehicles

During the year 2024 vehicle registration for driverless rental services fell by
6,3 por ciento. In total they were 19.922 vehicles intended for this service, what it means 26 por
percent of total units registered.

During the same period the number of transfers increased, that is to say, vehicles that changed
owner. This process grew 8 percent with respect to 2023. In total there were more than 200.000
ownership changes, the highest value of the last 10 years old.

The data for updating this operation comes from the General Directorate of Traffic.
(DGT). This operation collects vehicle registration data from 2003. further, desde 2015
It also incorporates data on changes in ownership and cancellations for each of the islands and municipalities of
Canarias. To access all this data in a faster and more accessible way, can be consulted
our visualizations.

Source:: Noticias Económicas de Canarias

20 Jan The number of overnight stays increases in December compared to the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The increase in overnight stays recorded by foreign tourists was 2,69 por ciento.
This is the most relevant sector since 9 decade 10 hotel overnight stays are carried out by
extranjeros. Por otra parte, those registered by tourists residing in Spain have decreased by
5,22%.

The number of travelers entering hotel and non-hotel establishments in the Canary Islands in the
December was 1,16 millions of tourists, a 1,68% más que en el mismo periodo de 2023.

The occupancy rate for rooms and apartments was at 82,96 por ciento. The island of
Gran Canaria was the one that registered the highest occupancy rate.

During last December, hotels and apartments in the Canary Islands entered a 11,4 por
cent more than in the same period of 2023. The turnover reached 556 millones de euros.

The average rate per occupied room was 137,08 euros. In the case of income from
habitación disponible, regardless of whether he had taken care of it or not, the average reached
113,72 euros during December 2024.

During the month of December, the number of jobs related to tourist accommodation was
de 71.136 people in the 1.304 registered establishments. Por cada 100 travelers who
stayed in the Canary Islands, was 6,12 employed people.

Source:: Noticias Económicas de Canarias