The Canary Islands government has reported a notable achievement in its investment execution rate for the first half of the year, marking the highest level since 2015. By mid-2026, nearly 18% of the allocated budget had been mobilized, a significant improvement for a region where spending typically accelerates towards the end of the year.
Real investments, categorized under Chapter 6, amounted to 204.7 million euros, representing 17.9% of the final budget. Additionally, capital transfers, which are funds allocated for local public works by island councils and municipalities, reached 206.6 million euros, or 16.5% of the budget, by the end of June.
Overall, capital operations showed a positive trend with a 17.1% execution rate, a substantial increase from the 11.7% recorded in the first half of 2025. This improvement is not attributed to a single government or political alliance, as historical data shows varying execution rates under different administrations.
Despite the seemingly modest percentage, the historical context highlights a positive trend in real investments, which often see increased spending in the latter half of the year due to necessary procedures like bidding and certifications.
The region also faces delays in receiving state resources, with significant transfers often arriving late in the year. For instance, the regional government requested the early transfer of 42 million euros from the State Housing Plan for 2026 to facilitate planned activities in the second half of the year.
Various measures have been implemented to enhance investment planning and execution, including a medium-term budget plan for 2026-2028 and specific initiatives in departments like Ecological Transition and Education.
Nationally, the average investment execution rate for all autonomous communities was higher, yet the Canary Islands have made significant strides in closing the historical gap.
