14 Feb The GDP of the Canary Islands grew above the national average in the fourth quarter of 2024
By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Compared to other autonomous communities, The GDP of the Canary Islands increased more than that of Andalusia
(3,7%), Cataluña (3,9%), Navarra (3%) the Basque Country (1,9%), Which are the ones that have published their data?
to date. The difference with the national average was 0,7 puntos porcentuales.
The variation with respect to the third quarter of the year was 0,1 por ciento. In this case it was
below the national average, which increased a 0,8 por ciento. The quarterly increase in GDP
Canary Islands is lower than what has occurred in other regions such as: Andalusia (0,9%), Cataluña (0,7%),
Navarra (0,5%) the Basque Country (0,4%).
The first annual estimate, above average
With data from the four quarters of 2024, The first annual estimate is that the GDP of
Canary Islands would have grown 4 por ciento. This data is higher than 3,2 percent that grew
economy at national level.
The Gross Domestic Product is one of the ways to measure the weight and evolution of the activity
economic in a certain territory. It includes the value of goods and services
produced by the residents of a place.
Source:: Noticias Económicas de Canarias
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