ECONOMY - Society - Tenerife

Economy

Tourism is the mainstay of Tenerife's economy
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Thanks to the millions of visitors that come to Tenerife every year, tourism is the main cornerstone of the economy. This explains the boom in construction and sector-related services. Trade, agriculture, livestock, fishing, port activities and a small amount of industry are Tenerife's other financial sources. The Island is part of the Special Canary Islands Financial and Tax System.