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MYR ASESORES | Blog
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01 Oct The Canarian Institute of Statistics begins a study on the needs and demand for housing in the Canary Islands

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The ECOSOC survey aims to obtain indicators of social behaviors and trust
of the population in the socioeconomic situation and employment. The survey, what is being done
desde 2018, It is a quarterly rotating panel type. In each quarter the information is collected
allows you to build the Consumer Confidence Index. Every two quarters, the second and fourth of
every year, The survey is complemented with a module to study specific topics.

The population studied are people of 18 and more years residing in main family homes
in the Canary Islands, and has been designed to be able to provide results at the island and, in Gran Canaria and
Tenerife, also at the level of large regions. In each quarter they are interviewed 2.400 people
distributed throughout the territory of the autonomous community.

The information provided for the elaboration of these statistics is very relevant for our
society, for the Government of the Canary Islands and other social action institutions, since from
she plans, Social policies are evaluated and implemented for the benefit of citizens

Source:: Noticias Económicas de Canarias

      

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19 Aug Sales of the market services sector in the Canary Islands increased by 3,3% compared to June of the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias In relation to the month of May, the monthly variation of the turnover of the Services Sector
Market is -2,5% in the Canary Islands, versus -0,6% registered in Spain, once the
seasonal and calendar effects.

Source:: Noticias Económicas de Canarias

      

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14 Aug During the second quarter of 2024, 3 decade 4 of tourists who visited the Canary Islands do not exclude a destination from their list of options due to the existence of a tourist tax

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias If a tourist tax were implemented in the Canary Islands, less than 20% of the tourists surveyed did not
they would be willing to pay it. This percentage among Swiss residents reaches only 7% and
among residents of the Netherlands, Bélgica, France and Germany slightly more than 11%. Among the
People who show less willingness to pay this fee are tourists residing in
Irlanda, con un 29,3%, and the rest of Spain, con un 27,5%.

The most chosen purpose for which they would pay the tourist tax is to improve and protect the environment
environment, followed by for any purpose of the Government and to improve living conditions in
Canarias.

Most tourists would accept a rate ranging from 1 and 3 euros por día, exactly the
89% of tourists willing to pay.

Other information about the tourist profile

The Tourist Expenditure Survey also shows that 91% of the visits were made by
vacation, recreation and leisure. Tourists from Ireland and the United Kingdom were the most
they chose this reason, con un 99,3% and 96%, respectivamente. And residents in the rest of the
spanish territory, those who least, con un 76,7%.

El 60% of the tourists who visited the Canary Islands this quarter stayed in hotels. Others
Accommodation types chosen were apartments and tourist villas (16,8%) y las
homes rented to a private individual (14,1%). The average stay of tourists is 8,86 days to
this second quarter of the year.

Source:: Noticias Económicas de Canarias

      

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13 Aug La variación anual del IPC en Canarias se sitúa en el 2,9% en julio de 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Oils and fats (30,7%), sheep meat (15,7%) y las legumbres y hortalizas frescas (10,1%)
They are among the most inflationary goods and services. Por otra parte, se han producido
descensos del 11,0% in clothing accessories and repairs, of the 3,1% in milk and
2,7% in women's footwear.

The monthly variation rate for July in the Canary Islands took the value -0,4%, placing the variation in
what's going on this year 1,6%. Por otra parte, the annual rate of the general index without food does not
processed or energy products (core inflation) take the value 2,6%, being a tenth
lower than that recorded in June (2,7%). At the state level this rate reaches 2,8%.

Source:: Noticias Económicas de Canarias

      

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12 Aug Spending by tourists visiting the Canary Islands increases in the second quarter 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The average expenditure per tourist was 1.292,08 euros, with an annual increase of 6,34%. The average expense
diary that each tourist makes is located in 171,39 euros. This data is higher than that given in the
second quarter of 2023 (155,44 euros).

The main emitting countries in terms of spending level were the United Kingdom (with the 41,1% of the
total), Alemania (16,4%) and the rest of the territory of Spain (7,8%). Desde la perspectiva del destino,
Tenerife led tourist spending with a 41,4% del total de Canarias, seguida de Gran Canaria
(24,4%), Lanzarote (18,9%) Fuerteventura (14%) y La Palma (0,8%).

Accommodation spending was the main expense item, con un 43,2% of the total expense and a
annual increase of 11,3%. The following items were transportation expenses
international/national and food, con un 27,6% y un 15,5% of the total, respectivamente. Both
items with an annual increase of 17,3%.

Micromercados

From Germany, The region of North Rhine-Westphalia was the one that accumulated the highest amount of spending,
con un 17,9% del total del gasto de este país. From United Kingdom, The region that contributed the most to spending was
South East England, con un 17,7% del total del gasto de este país.

Source:: Noticias Económicas de Canarias

      

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09 Aug The year-on-year GDP grew in the Canary Islands by 3,7% versus 2,9% registered by the whole of Spain

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias En términos trimestrales, The Canary Islands GDP registered an increase of 1,0%, at the national level the economy
experienced growth in this quarter of the 0,8%. Data available by communities
autonomous reflect the following variations: Andalusia (0,8%), Navarra (0,7%), the Basque Country (0,4%) and
Cataluña (0,8%).

Source:: Noticias Económicas de Canarias

      

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