January 2023 leaves a balance of 5,014 companies in Lanzarote, according to the Lanzarote Data Center with figures from the Canary Islands Institute of Statistics (ISTAC). A total of 9 newly created companies have joined the island's business fabric in the first month of the year.
With its incorporation, the surpassing of the threshold of 5,000 companies that the island of rabbits recovered in December of last year is consolidated, after the numerous closures that occurred due to the covid 19 pandemic from March 2020.
The island had managed to exceed 5,000 businesses for the first time in its history during the fall of 2017 and remained above that figure at the end of 2019, when 5,090 companies were counted.
A figure that, by the end of March 2020, had already plummeted to 4,530 companies. And it continued to decline. At the end of March of the following year there were only 4,447.
Lanzarote has the highest ratio of companies per inhabitant in the Canary Islands
Lanzarote is the Canary Island with the highest ratio of companies per inhabitant, since it has one company for every 30 residents. Next is Fuerteventura, where there are 3,539 registered businesses, which represents one business for every 34 residents.
The 27,368 in Tenerife place this island in third position with one business for every 35 inhabitants, while in Gran Canaria, with a total of 23,557 companies, the ratio is one business for every 37 residents.
The ratios for La Palma, La Gomera and El Hierro are respectively one company for every 34.6, 35.7 and 36.7 inhabitants.
Currently there are a total of 60,673 companies in the entire Canary archipelago.
