The Canary Islands is a Spanish archipelago and an outermost region of the European Union located off the northwest coast of Africa. The regional economy is primarily driven by the service sector, specifically tourism, which accounts for a significant portion of the GDP.
Additionally, the archipelago benefits from a specific tax regime known as the Canary Islands Special Zone (ZEC), which has encouraged the establishment of diverse companies in sectors such as transportation, logistics, and renewable energy. This list includes notable companies headquartered or with significant operations in the Canary Islands.
Given the fragmented territory and its status as a major tourist destination, transport and hospitality are key industries.
The islands have a strong tradition of local production for internal consumption and export.