{"id":154215,"date":"2026-04-10T09:38:01","date_gmt":"2026-04-10T07:38:01","guid":{"rendered":"https:\/\/mallorcaglobalmag.es\/economia-balears-2025\/"},"modified":"2026-04-10T12:47:04","modified_gmt":"2026-04-10T10:47:04","slug":"economia-balears-2025","status":"publish","type":"post","link":"https:\/\/mallorcaglobalmag.es\/en\/economia-balears-2025\/","title":{"rendered":"The Balearic economy grew by 3% in 2025 and consolidates its expansion"},"content":{"rendered":"

The Balearic economy in 2025<\/strong> closed the year with 3% growth<\/strong>, outperforming Spain\u2019s average<\/strong> (2.8%) and doubling that of the European Union<\/strong> (1.5%). This progress consolidates a cycle of sustained expansion<\/strong> and places the archipelago among the most dynamic economies in its environment.<\/p>\n

According to the economic outlook report for the first quarter, presented by the vice-president and minister for Economy, Finance and Innovation, Antoni Costa<\/strong>, and the director general for Economy and Statistics, Catalina Barcel\u00f3<\/strong>, growth was mainly driven by the services sector<\/strong>, which advanced by 3.2%<\/strong>, together with the positive performance of construction and industry.<\/p>\n

\"Balearic

The director general for Economy and Statistics, Catalina Barcel\u00f3, and the vice-president and minister for Economy, Finance and Innovation, Antoni Costa, during the presentation of the 2025 Balearic economic data. Photo: CAIB.<\/p><\/div>\n

The strong economic performance was also reflected in the labour market, which reached 571,475 registered workers<\/strong>, 2.8% more<\/strong> than the previous year, marking historic highs<\/strong>. This was accompanied by the strength of tourism, with total expenditure reaching 23.406 billion euros<\/strong> (+4.7%) and average daily spending per tourist rising to 197 euros<\/strong>, also at record levels.<\/p>\n

Growth in value, above visitor volume, reinforces the shift towards a tourism model based on higher quality and higher spending, while construction continues its recovery with more building permits and favourable investment performance. Industry, meanwhile, maintains positive rates<\/strong> despite a demanding environment.<\/p>\n

Moderation in 2026 and factors of uncertainty<\/h3>\n

The first indicators for 2026 point to a moderation in the pace of activity<\/strong>, especially in variables linked to tourism and trade, although employment continues to show dynamism and construction maintains a positive trend.<\/p>\n

In this context, the report underlines the impact of the international environment, marked by the conflict in the Middle East, as a factor of uncertainty<\/strong> for short-term economic developments.<\/p>\n

The rise in oil prices, especially Brent, is putting upward pressure on fuel and transport prices<\/strong>, which could feed through into inflation after months of moderation (CPI stood at 2.2% in February 2026).<\/p>\n

In addition, the geopolitical context is already being reflected in the financial markets, with an Euribor of around 2.8%<\/strong> and a slightly upward trend, as well as declines in the stock markets in an environment of high volatility<\/strong>.<\/p>\n

Possible effects on tourism<\/h3>\n

One of the most sensitive areas is tourism. The increase in the price of kerosene could make flights more expensive \u2013 the main means of access for 85% of visitors<\/strong> \u2013 and partially affect demand.<\/p>\n

Even so, the Balearic Islands maintain a strong position as a mature destination<\/strong>, aimed at a medium-to-high-income segment, which reinforces their capacity for resilience<\/strong> in uncertain scenarios, according to sources from the Balearic Government.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Balearic economy in 2025 closed the year with 3% […]<\/a><\/p>\n","protected":false},"author":4,"featured_media":154210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1515],"tags":[],"class_list":["post-154215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-tourism"],"yoast_head":"\nThe Balearic economy in 2025 grows by 3% and doubles the EU - Mallorca Global Mag<\/title>\n<meta name=\"description\" content=\"The Balearic economy in 2025 exceeded the average growth of Spain and the EU, with record levels in employment and tourism\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mallorcaglobalmag.es\/en\/economia-balears-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Balearic economy in 2025 grows by 3% and doubles the EU - Mallorca Global Mag\" \/>\n<meta property=\"og:description\" content=\"The Balearic economy in 2025 exceeded the average growth of Spain and the EU, with record levels in employment and tourism\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mallorcaglobalmag.es\/en\/economia-balears-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Mallorca Global Mag\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-10T07:38:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-10T10:47:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mallorcaglobalmag.es\/wp-content\/uploads\/2026\/04\/Economia-Balears-2025.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"676\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Redacci\u00f3n\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Redacci\u00f3n\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mallorcaglobalmag.es\/en\/economia-balears-2025\/\",\"url\":\"https:\/\/mallorcaglobalmag.es\/en\/economia-balears-2025\/\",\"name\":\"The Balearic economy in 2025 grows by 3% and doubles the EU - Mallorca Global Mag\",\"isPartOf\":{\"@id\":\"https:\/\/mallorcaglobalmag.es\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/mallorcaglobalmag.es\/en\/economia-balears-2025\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/mallorcaglobalmag.es\/en\/economia-balears-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mallorcaglobalmag.es\/wp-content\/uploads\/2026\/04\/Economia-Balears-2025.webp\",\"datePublished\":\"2026-04-10T07:38:01+00:00\",\"dateModified\":\"2026-04-10T10:47:04+00:00\",\"author\":{\"@id\":\"https:\/\/mallorcaglobalmag.es\/#\/schema\/person\/9a3cf523d44bd4905a14be13db051907\"},\"description\":\"The Balearic economy in 2025 exceeded the average growth of Spain and the EU, with record levels in employment and tourism\",\"breadcrumb\":{\"@id\":\"https:\/\/mallorcaglobalmag.es\/en\/economia-balears-2025\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mallorcaglobalmag.es\/en\/economia-balears-2025\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mallorcaglobalmag.es\/en\/economia-balears-2025\/#primaryimage\",\"url\":\"https:\/\/mallorcaglobalmag.es\/wp-content\/uploads\/2026\/04\/Economia-Balears-2025.webp\",\"contentUrl\":\"https:\/\/mallorcaglobalmag.es\/wp-content\/uploads\/2026\/04\/Economia-Balears-2025.webp\",\"width\":1000,\"height\":676,\"caption\":\"La directora general de Economia i Estad\u00edstica, Catalina Barcel\u00f3, y el vicepresidente y conseller de Economia, Hisenda i Innovaci\u00f3, Antoni Costa, durante la presentaci\u00f3n de los datos econ\u00f3micos de Balears de 2025. 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