Canary Islands Close 2025 with Record Tax Revenues of 3.881 Million Euros

The Canarian Tax Agency highlights a 5.98% growth compared to 2024, surpassing pre-pandemic levels in most taxes.

Generic image of coins and banknotes on a desk, symbolizing tax collection.
IA

Generic image of coins and banknotes on a desk, symbolizing tax collection.

The Canarian Tax Agency has revealed that tax revenues in the Canary Islands reached 3,881.3 million euros in 2025, marking a historic milestone and surpassing previous years' figures.

Data published by the Canarian Tax Agency (ATC) confirms an exceptional year-end for tax collection. During December 2025, tax revenues amounted to 329.1 million euros, with 83 million coming from own and ceded taxes managed by the ATC, and 246 million from the Canarian financing block (BFC).
This December figure represents a significant increase of 19.02%, 31.78%, and 51.67% compared to the same periods in 2024, 2023, and 2022, respectively. The year-on-year growth of 19.02% is mainly attributed to the 29.26% increase in BFC collection, despite a slight 3.59% decrease in taxes directly managed by the ATC.
The accumulated collection of the Canarian General Indirect Tax (IGIC) until December 2025 reached 2,482.1 million euros, showing growths of 6.77%, 16.24%, and 31.28% compared to previous years. In the last month of the year, IGIC collection was 199.5 million, with notable increases compared to December 2024, 2023, and 2022.
Meanwhile, the Arbitrary Tax on Imports and Deliveries of Goods (Aiem) accumulated 301.1 million euros until December 2025, exceeding the figures of the three previous years by 6.71%, 11.79%, and 28.79%. The monthly Aiem collection in December 2025 was 43.8 million, with a 55.33% growth compared to the same month in 2024.

"The growth trend in tax collection in the Canary Islands has continued to be positive, with pre-pandemic levels having been surpassed in most taxes."

the Canarian Tax Agency
The IGIC remains the tax with the highest collection capacity in the Canary Islands, representing 63.95% of the total in 2024. It is followed by the Tax on Inter Vivos Property Transfers (9.48%) and the Tax on Petroleum-derived Fuels (8.68%). Some taxes, such as the Inheritance and Gift Tax, experienced a decrease in their collection compared to the previous year.