The annual report on La Gomera's economy in 2025, presented by representatives from the Official Chamber of Commerce, Industry, Services and Navigation of Santa Cruz de Tenerife and the Cabildo de La Gomera, confirms the positive evolution of the island's economic activity. A significant portion of this growth is attributed to the service sector, which accounts for 81% of the productive fabric and 85% of social security affiliates.
“"Cruise activity benefits trade, restaurants, transport, and crafts in La Gomera, so the island must continue to leverage the interest shown by this segment of tourists."
The tourism sector has been a key driver, with a 20.7% increase in travelers staying in hotel establishments and a 78.2% rise in cruise passengers between 2022 and 2025. These positive figures reinforce the need to continue working on the sustainability and diversification of the economic model, maintaining the service sector as a fundamental pillar.
“"The data confirm that La Gomera is moving in the right direction, with an economy that is growing in a balanced way and generating opportunities for its citizens."
Regarding employment, the report highlights a reduction in the unemployment rate to 14.14%, the lowest figure since 2007. However, signs of moderation in consumption are observed due to the loss of household purchasing power. The number of companies registered with Social Security employing workers decreased by 1.6%, although the primary sector experienced a slight increase in the number of businesses, despite a decline in registered employment.
Business confidence in La Gomera saw the highest growth in the Canary Islands in January 2026, with a 12.9% increase. Nevertheless, the island's businesses face significant limitations, such as labor shortages, identified by 46.2% of the business community as the main limiting factor for their activity. The need for specific measures to compensate for structural overheads resulting from double insularity and rising fuel and transport costs was also addressed.
