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Andorra
Andorra
HistorySaid – ranking
Andorra ranks 28th globally by GDP ($4.0B in 2024). View →
HistorySaid – population
Andorra has a population of 81,938 as of 2024 (growth: 1.34%). View →
Economy & Growth
GDP $4.0B
GDP per Capita $49,304
GDP Growth 3.37%
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Agriculture Value Added | 0.49% | 0.48% | 0.47% | 0.43% Trend | 0.41% Trend | 0.38% Trend | – | – | – |
| GDP | $3.4B | $3.8B | $4.0B | $4.4B IMF WEO Oct 2025 | $4.7B IMF WEO Oct 2025 | $4.9B IMF WEO Oct 2025 | $5.0B IMF WEO Oct 2025 | $5.2B IMF WEO Oct 2025 | $5.3B IMF WEO Oct 2025 |
| GDP Deflator | 4.24% | 6.30% | 3.14% | 5.81% Trend | 6.59% Trend | 7.37% Trend | – | – | – |
| GDP Growth | 9.56% | 2.58% | 3.37% | 2.40% IMF WEO Oct 2025 | 1.60% IMF WEO Oct 2025 | 1.50% IMF WEO Oct 2025 | 1.50% IMF WEO Oct 2025 | 1.50% IMF WEO Oct 2025 | 1.50% IMF WEO Oct 2025 |
| GDP PPP | $5.5B | $5.8B | $6.1B | $6.5B IMF WEO Oct 2025 | $6.7B IMF WEO Oct 2025 | $6.9B IMF WEO Oct 2025 | $7.1B IMF WEO Oct 2025 | $7.3B IMF WEO Oct 2025 | $7.6B IMF WEO Oct 2025 |
| GDP per Capita | $42,414 | $46,812 | $49,304 | $49,451 IMF WEO Oct 2025 | $51,681 IMF WEO Oct 2025 | $51,992 IMF WEO Oct 2025 | $52,338 IMF WEO Oct 2025 | $52,727 IMF WEO Oct 2025 | $53,128 IMF WEO Oct 2025 |
| GDP per Capita PPP | $68,470 | $71,731 | $74,939 | $72,359 IMF WEO Oct 2025 | $73,124 IMF WEO Oct 2025 | $73,736 IMF WEO Oct 2025 | $74,315 IMF WEO Oct 2025 | $74,991 IMF WEO Oct 2025 | $75,767 IMF WEO Oct 2025 |
| GNI | $3.5B | $3.9B | $4.1B | $4.3B Trend | $4.5B Trend | $4.7B Trend | – | – | – |
| GNI per Capita | $47,600 | $47,920 | $47,570 | $50,084 Trend | $51,428 Trend | $52,772 Trend | – | – | – |
| Gross Savings | – | – | – | – | – | – | – | – | – |
| Industry Value Added | 11.15% | 12.43% | 12.75% | 12.35% Trend | 12.37% Trend | 12.40% Trend | – | – | – |
| Services Value Added | 78.19% | 78.31% | 77.59% | 77.00% Trend | 76.45% Trend | 75.90% Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
PPP Conversion Factor 0.61
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Consumer Price Index | – | – | – | – | – | – | – | – | – |
| Inflation Rate | – | – | – | 2.18% IMF WEO Oct 2025 | 1.78% IMF WEO Oct 2025 | 1.70% IMF WEO Oct 2025 | 1.70% IMF WEO Oct 2025 | 1.70% IMF WEO Oct 2025 | 1.70% IMF WEO Oct 2025 |
| PPP Conversion Factor | 0.59 | 0.60 | 0.61 | 0.59 Trend | 0.59 Trend | 0.59 Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Population
Population 81,938
Population Growth 1.33%
Population Density 172.0
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| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| Birth Rate | 6.9 | – | – | 6.8 Trend | 6.7 Trend | – | – |
| Death Rate | 6.1 | – | – | 6.0 Trend | 5.9 Trend | – | – |
| Dependency Ratio | 38.25 | 38.56 | – | 38.53 Trend | 38.62 Trend | 38.70 Trend | – |
| Fertility Rate | 1.08 | – | – | 1.10 Trend | 1.12 Trend | – | – |
| Life Expectancy | 84.0 | – | – | 84.6 Trend | 85.0 Trend | – | – |
| Net Migration | 1,061 | 988 | 843 | – | 665 Trend | 519 Trend | 374 Trend |
| Population | 80,856 | 81,938 | – | 83,131 Trend | 84,292 Trend | 85,453 Trend | – |
| Population Density | 172.0 | – | – | 176.6 Trend | 178.9 Trend | – | – |
| Population Growth | 1.43% | 1.33% | – | 1.52% Trend | 1.57% Trend | 1.62% Trend | – |
| Refugee Population | – | – | – | – | – | – | – |
| Urban Population | 88.82% | 88.89% | – | 88.97% Trend | 89.04% Trend | 89.12% Trend | – |
Italic values are IMF World Economic Outlook projections.
Employment
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Government
Tax Revenue 13.95%
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Budget Deficit | 4.84% | 2.15% | 2.86% | 2.47% IMF WEO Oct 2025 | 2.48% IMF WEO Oct 2025 | 2.27% IMF WEO Oct 2025 | 2.44% IMF WEO Oct 2025 | 2.31% IMF WEO Oct 2025 | 2.35% IMF WEO Oct 2025 |
| Education Spending | – | – | – | – | – | – | – | – | – |
| Government Debt to GDP | 38.91% | 35.47% | 33.23% | 31.73% IMF WEO Oct 2025 | 30.70% IMF WEO Oct 2025 | 29.74% IMF WEO Oct 2025 | 29.29% IMF WEO Oct 2025 | 28.82% IMF WEO Oct 2025 | 28.36% IMF WEO Oct 2025 |
| Government Revenue | 39.73% | 38.03% | 39.92% | 39.46% IMF WEO Oct 2025 | 39.47% IMF WEO Oct 2025 | 39.50% IMF WEO Oct 2025 | 39.67% IMF WEO Oct 2025 | 39.63% IMF WEO Oct 2025 | 39.75% IMF WEO Oct 2025 |
| Government Spending | – | – | – | – | – | – | – | – | – |
| Health Spending | 7.52% | 7.70% | – | 7.79% Trend | 7.74% Trend | – | – | – | – |
| Military Spending | – | – | – | – | – | – | – | – | – |
| Tax Revenue | 14.98% | 13.95% | – | 14.77% Trend | 15.04% Trend | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Debt
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Debt Service | – | – | – | – | – |
| Domestic Credit | – | – | – | – | – |
| External Debt | – | – | – | – | – |
| External Debt to GNI | – | – | – | – | – |
| Interest Payments to Revenue | 2.21% | 2.14% | 1.75% | 2.25% Trend | 2.35% Trend |
| Short-term Debt | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Money
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Currency
Exchange Rate 0.92
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Exchange Rate | 0.95 | 0.92 | 0.92 | 0.96 Trend | 0.99 Trend | 1.01 Trend |
| Foreign Reserves | – | – | – | – | – | – |
| Real Effective Exchange Rate | – | – | – | – | – | – |
| Reserves in Months of Imports | – | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Trade
Exports $3.6B
Imports $3.0B
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Current Account Balance | 11.64% | 14.22% | 16.06% | 15.23% IMF WEO Oct 2025 | 15.27% IMF WEO Oct 2025 | 15.29% IMF WEO Oct 2025 | 15.30% IMF WEO Oct 2025 | 15.36% IMF WEO Oct 2025 | 15.37% IMF WEO Oct 2025 |
| Exports | $2.7B | $3.2B | $3.6B | $4.1B Trend | $4.5B Trend | $4.9B Trend | – | – | – |
| FDI Inflows | 17.57% | 7.29% | 6.64% | 7.24% Trend | 5.95% Trend | 4.66% Trend | – | – | – |
| FDI Outflows | 4.24% | 5.85% | 2.93% | 3.86% Trend | 3.69% Trend | 3.52% Trend | – | – | – |
| Imports | $2.4B | $2.7B | $3.0B | $3.3B Trend | $3.6B Trend | $4.0B Trend | – | – | – |
| Remittances Received | $44.6M | $48.3M | $52.3M | $50.7M Trend | $51.2M Trend | $51.7M Trend | – | – | – |
| Tourism Receipts | – | – | – | – | – | – | – | – | – |
| Trade Balance | – | – | – | – | – | – | – | – | – |
| Trade Openness | – | – | – | – | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Financial Markets
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Political Stability
Political Stability 1.58
Government Effectiveness 1.48
Regulatory Quality 1.35
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Control of Corruption | 1.28 | 1.27 | 1.25 | 1.31 Trend | 1.33 Trend |
| Government Effectiveness | 1.75 | 1.50 | 1.48 | 1.26 Trend | 1.16 Trend |
| Political Stability | 1.58 | 1.59 | 1.58 | 1.59 Trend | 1.59 Trend |
| Regulatory Quality | 1.36 | 1.40 | 1.35 | 1.46 Trend | 1.49 Trend |
| Rule of Law | 1.64 | 1.49 | 1.48 | 1.47 Trend | 1.45 Trend |
| Voice and Accountability | 1.03 | 1.11 | 1.00 | 0.99 Trend | 0.97 Trend |
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $3,605
Infant Mortality Rate 2.5
Maternal Mortality Ratio 11.00
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Health Expenditure per Capita | $3,668 | $3,190 | $3,605 | $3,784 Trend | $3,892 Trend |
| Hospital Beds | – | – | – | – | – |
| Infant Mortality Rate | 2.7 | 2.6 | 2.5 | 2.4 Trend | 2.3 Trend |
| Maternal Mortality Ratio | 18.00 | 17.00 | 11.00 | 8.60 Trend | 5.50 Trend |
| Physicians | 4.76 | 5.16 | 5.07 | 5.56 Trend | 5.75 Trend |
Italic values are IMF World Economic Outlook projections.
Education
Tertiary Enrollment 67.68%
Education Spending 1.90%
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Education Spending | 2.65% | 1.90% | – | 1.55% Trend | 1.30% Trend | – |
| Literacy Rate | – | – | – | – | – | – |
| Primary Enrollment | 90.47% | 97.44% | 99.86% | 101.96% Trend | 104.81% Trend | 107.67% Trend |
| Tertiary Enrollment | 34.64% | 62.41% | 67.68% | 84.63% Trend | 99.81% Trend | 115.00% Trend |
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 18.70%
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| CO2 Emissions | – | – | – | – | – |
| CO2 per Capita | – | – | – | – | – |
| Electricity Access | 100.00% | 100.00% | 100.00% | 100.00% Trend | 100.00% Trend |
| Energy Use per Capita | – | – | – | – | – |
| Forest Area | 34.04% | 34.04% | 34.04% | 34.04% Trend | 34.04% Trend |
| Renewable Energy | 18.40% | 18.70% | – | 20.26% Trend | – |
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 95.45%
Mobile Subscriptions 156.10
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| High-tech Exports | 24.38% | 13.31% | 21.43% | 10.17% Trend | 6.98% Trend |
| Internet Users | 93.90% | 94.49% | 95.45% | 97.84% Trend | 98.92% Trend |
| Mobile Subscriptions | 119.69 | 142.43 | 156.10 | 175.74 Trend | 187.83 Trend |
| Patent Applications | 3 | – | – | – | – |
| R&D Spending | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Inequality
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