Santa Cruz has almost half of the debt of the Canarian municipalities

The debt of councils and municipalities is around 500 million. / arcadio suarez

The Tenerife corporation owes 65 million of the total of 143 million that, according to the Ministry of Finance, the islands have pending

B. Hernandez

B. HERNANDEZ The Gran Canarian palms

The set of
Canarian town halls owed, as of December 31, 2021, a total of
143.6 millions, according to data from
Treasury. It is thus placed among the five autonomous communities with the least municipal debt, after Cantabria, La Rioja, Navarra and Extremadura.

Of the amount owed in the archipelago, almost half -45%- corresponds to the municipality of
Santa Cruz de Tenerife (65.3 million) Meanwhile in
La Gomera, its corporations do not owe a single euro.

At the national level,
8,131 Spanish municipalities owed at the end of last year a lump sum of
17,324.05 million. In the case of the Canary Islands,
municipal debt was reduced by 11% in two years, going from almost 162 million in 2019 to 143.6 last year, which represents a reduction of nearly 20 million. However, it rose slightly compared to the 2020 financial year, an annuity in which it had fallen to 135 million euros.

Debt of councils and municipalities

  • 461 million.
    The local entities of the Canary Islands have a debt of 461 million in total, according to the Ministry of Finance. 143 million correspond to the 88 municipalities, while the remaining 318 are from the island corporations.


Of the 88 municipalities of the archipelago,
43 keep their debt to zerowhich represents practically 48% of the municipalities, due in large part to the important adjustment measures imposed by the central government, which have forced the municipal councilors to allocate
part of the resources they receive to reduce their debt.

In addition to
La Gomera, which owes nothing, Of the three municipal entities of El Hierro, only Frontera owed 31,000 euros in 2021. Also in La Palma there are the majority of municipalities that do not have outstanding accounts (11 of 14 municipalities), while the rest have a total debt of 304,000 euros.


As for the large debtors, only the Corporation of
Santa Cruz of Tenerifewith its more than
65 million debtexceeds peripheral islands and Gran Canaria together and raises the island's debt to 82.9 million.

La Laguna is close to four million while Icod exceeds 3.4 million euros. Buenavista (which does not reach 5,000 inhabitants), has a debt of 2.6 million euros, while Los Silos, with a similar population, also reaches 2.3 million. on this island,
13 of its 31 municipalities have no outstanding debt.

After the capital of Tenerife, the municipality with the most debt is
Reef. According to data from the Ministry of Finance, at the end of last year the capital of Lanzarote owed more than
€27 million. On the island, it is followed by San Bartolomé -with a population of around 20,000 inhabitants-, it has a debt of five million, and Teguise -with 23,000 inhabitants- owes close to two million.


In Gran Canaria, the municipality that has the greatest debt registered is
Galdar. Until
10.1 million This figure rises according to the data made public by the Treasury.

From far,
with 2.4 million, Las Palmas de Gran Canaria is located and Telde, with 2.2 million pending payment. Valsequillo is the fourth of the 21 Gran Canaria municipalities with the most outstanding debt: two million. Ingenio (with almost 1.2 million) and Mogán, La Aldea and Santa Lucía with close to one million complete the ranking of the most debtors.

half of the 21 municipalities in Gran Canaria had no debt at the end of last year.

In Fuerteventura, La Oliva is the municipality with the largest amount pending payment. In total, two million. Pájara owes 736,000 euros and Betancuria, with 762 inhabitants in 2021, owes almost 500,000 euros.

Per person

According to data published by the Ministry of Finance, to settle this municipal debt, each of the 378,675 inhabitants of
The Gran Canarian palms I would have to pay
€6.5while in the case of
the capital of Tenerifeits 208,563 registered citizens would have to face a debt of
€313 to put the accounts of the city council to zero, that is to say, it would pay 48 times more than a citizen of Las Palmas de Gran Canaria.

Image of the leaders of the Cabildo de Tenerife. / c7

The pending amount of the councils doubles that of the municipalities

The debt of the councils is significantly higher than that recorded by the municipalities. The seven island corporations add up to a total of 318.6 million, of which 90% corresponds to the two capital entities, reaching 288 million euros.

The Cabildo de Tenerife is the one that accumulates the most debt and reaches 148.7 million euros, followed by Gran Canaria with almost 140 million. In the case of the Lanzarote Corporation, the amount pending payment amounts to about 26 million.

Fuerteventura follows, although quite far. Its debt is around 2.5 million, while La Palma is close to one million euros. In the case of La Gomera, it owes 611,000 euros, almost the same as El Hierro, which adds up to 572,000 euros, according to data from the Ministry of Finance as of December 31, 2021.

According to this information, together, the seven councils have reduced their debt compared to last year by more than 105 million euros, although the decreases of six of them compensate for the significant increase that occurred in that last year in Tenerife.

Thus, the data indicates that the Cabildo de Gran Canaria reduced its debt in 2021 by nine million compared to the 2021 financial year, going from 148 million to 139.3 million last year.

On the contrary, the debt in the first Tenerife institution registered a significant increase, rising by 90 million euros, from 58.4 in 2020 to 148.7 in 2021, as pointed out by the Ministry of Finance.

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