Economy

The islands of La Palma (78.8%) and Tenerife (78.3%) are ahead with regard to tourist reservations, which are estimated to be close to 90%

The Balearic Islands, Canary Islands, Madrid and Catalonia are the four autonomous communities with Gross Domestic Product (GDP) growth expected to be above the national average in 2023, as stated in the report by BBVA Research. The two island regions will grow next year by 2.4% and 2.1% respectively, while Madrid will grow by 1.7%