Lanzarote currently has more than 5,000 companies and is very close to recovering the business level it had at the end of 2019, the reference year prior to the covid 19 pandemic, when it had 48 more companies than now, according to figures from the Lanzarote Data Center.
However, not all business sectors have behaved in the same way. Between the end of 2019 and the present, the number of companies in the construction sector has grown by 12%, from 403 businesses before the pandemic to 458 at present.
In contrast, the services sector, which accounts for more than 90% of the island's economy, with 4,286 companies currently, still has 2.6% fewer businesses than it had at the end of 2019, when there were 4,399.
For their part, both the agricultural and industrial sectors have added companies, although not as significantly as in the construction sector. The primary sector today has 4 more companies than in 2019, up to 99 businesses at present, while industry has 6 more, up to a total of 169.
More companies in all municipalities except Arrecife and Tías
By municipalities, most of the companies have been lost in Arrecife and Tías, which have 43 and 51 fewer companies respectively at present compared to 2019. Today the capital of Lanzarote has 1,889 companies, while Tías has 1,071 businesses.
The rest of the municipalities have more companies than they had before the pandemic. Especially in Yaiza, which with 29 more companies currently has 649 businesses.
Next is Teguise, which has added 17 companies to the current 725 companies. In San Bartolomé there are 16 more companies today than before the pandemic, now there are 499.
Haría, which has 115 businesses, has 9 more, while in Tinajo there are 8 more, up to 139 companies at present.
