Carnival of Santa Cruz de Tenerife

The Carnival of Santa Cruz de Tenerife draws over 200,000 participants annually, making it the second-largest carnival globally after Rio de Janeiro, with 50+ decorated floats and elaborate costumes. This festival outperforms #5, Feria de Abril, in sheer scale and global recognition, yet it's 30% lighter on the budget than attending Carnival in Rio, costing roughly €20 per person for prime viewing spots. Faster than the average European carnival to organize, its year-round planning ensures seamless execution, and the event generates $40 million in local economic impact each spring.