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Presentation | Industrial Zones | Regulations | Incentives | News and Current Information | Tenerife |
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| Sustained Economic Growth |
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Tenerife is one of the European Union territories which have maintained higher rates of economic growth since the beginning of the decade of the 90´s. This has let it increase its gross domestic product per inhabitant till levels close to the national mean. In the same way, this process of constant economic growth is observed in the high levels of employment creation, of investment and in the environment of business dynamism. Factors which originate this growth: Wage costs. Low industrial disputes Professional qualification of the population. Institutional support of economic promotion. Advantageous economic and financial system. Collection of European funds. Traditional opening to external overseas trade. |
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