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COUNTRY OUTLOOK / AD

Andorra

Foreign currency no independent policy rate · ISO:AD

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Separate policy frameworkTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalAndorra la Vella
RegionEurope & Central Asia
Income groupHigh income
CurrencyEuro
GDP$4.5B2025 · current US$
Real GDP growth3.87%2025 · annual %
Population82.9K2025 · people
GDP per capita$54,291.52025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Andorra's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:AD
Policy frameworkforeign currency no independent policy rate
Native targetcurrency anchor policy context
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

3.87% · 2025 · annual %

Real GDP growth · annual %-11.18%-0.81%9.56%2014: 2.50446552114518 annual %2015: 1.43414039522716 annual %2016: 3.70967806978986 annual %2017: 0.346071889630295 annual %2018: 1.58876549046354 annual %2019: 2.01554763848308 annual %2020: -11.1839399355384 annual %2021: 8.28677879049404 annual %2022: 9.56461225648184 annual %2023: 2.58355480961319 annual %2024: 3.8491605039052 annual %2025: 3.86803450687808 annual %20142025
View annual observations
YearValue (annual %)
20253.868
20243.849
20232.584
20229.565
20218.287
2020-11.184
20192.016
20181.589
20170.346
20163.710
20151.434
20142.504
World Bank source & definition ↗

Economy

GDP$4.5B2025 · current US$Source & definition ↗
Real GDP growth3.87%2025 · annual %Source & definition ↗
GDP per capita$54,291.52025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 6.6B2025 · current international $Source & definition ↗

People

Population82.9K2025 · peopleSource & definition ↗
Population growth1.17%2025 · annual %Source & definition ↗
Urban population88.95%2025 · % of populationSource & definition ↗
Life expectancy84.192024 · yearsSource & definition ↗
Unemployment · ILO estimateNot available% of labor force
Labor force participation · ages 15+Not available% of population ages 15+

Sectors

Agriculture, forestry & fishing0.48%2025 · % of GDPSource & definition ↗
Industry including construction12.79%2025 · % of GDPSource & definition ↗
Services77.79%2025 · % of GDPSource & definition ↗
Manufacturing3.13%2024 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & servicesNot available% of GDP
Imports of goods & servicesNot available% of GDP
Current account balance16.05%2024 · % of GDPSource & definition ↗
Foreign direct investment · net inflows6.64%2024 · % of GDPSource & definition ↗

Money & public finance

Consumer inflationNot availableannual %
Central government debt39.98%2024 · % of GDPSource & definition ↗
Tax revenue15.57%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sectorNot available% of GDP
Total reserves including goldNot availablecurrent US$

Infrastructure

Internet use94.40%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area4702023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

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Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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