One in four euros generated by the Balearic Islands' economy is directly linked to tourism. And nearly a third of the region's workforce is employed there. These figures come from the Impulsa Foundation, which has meticulously categorized the islands' main productive sectors and paints a stark picture: despite still being by far the most quantitatively significant activity, tourism is proportionally losing ground within the overall Balearic economy. The reasons lie in a combination of complex factors and even change "depending on the parameters used for analysis," explains Antoni Riera, Professor of Economics and Director of Impulsa. But in any case, they reveal that "things are changing" and that tourism can no longer be the sole defining factor of the island's economy.