Fuerteventura Records the Biggest Business Rebound in the Canary Islands

The Chamber of Commerce ofuerteventura presented this morning, in the Plenary Hall of the Business Nursery, the Business Confidence Index (ICE). The index analyses the recent evolution of economic activity and projects the expectations of the island’s business community for the fourth quarter of 2025.

The report was delivered by Juan Tomás Figueroa Benítez, coordinator of the Chamber’s Economy Commission, who underscored the study’s relevance as a thermometer of the island’s economic situation.

Key Findings

• The Business Confidence Indicators (ICE) are based on opinions gathered from managers of establishments across the Canary Islands about the overall performance of their business in the past quarter and their expectations for the next quarter.
• Fuerteventura posted the largest increase in the Business Situation Indicator of the entire archipelago at the end of the third quarter of 2025, rising 28.7 points, far above the regional average.

Business sentiment

• 38.8 % of companies rate their business performance as favourable.
• 54.1 % consider it normal.
• 7.1 % view it as unfavourable.

Outlook for Q4 2025

• 65.3 % expect a normal evolution.
• 25.5 % anticipate improvements.
• Only 9.2 % foresee an unfavourable situation.

These figures place Fuerteventura above both the regional and national averages on several key indicators.

Harmonized Business Confidence Index (ICEA)

The report also tracks the Harmonized Business Confidence Index (ICEA), which enables comparisons across regions and countries. Fuerteventura shows a sustained positive trend from 2023 to 2025, positioning the island as one of the most dynamic territories within the Canary Islands.

Sectoral Analysis

• Construction leads the economic dynamism, with strong gains in employment, prices, and exports.
  -Industry** also displays signs of reactivation.
• Commerce and services face challenges, particularly in employment and export performance.

Cautious Expectations for the Next Quarter

Despite the overall optimism, businesses adopt a cautious stance for the upcoming quarter, anticipating declines in:

• Employment (‑6.0 points)
• Exports (‑28.6 points)
• Prices (‑19.6 points)

These projections suggest a possible correction after the strong momentum of the previous quarter.

Conclusion

Fuerteventura ends the year with clear signs of economic recovery and heightened business confidence, yet maintains a prudent outlook amid potential risks. The island solidifies its role as a regional economic engine, capable of generating growth while remaining sensitive to external changes.