Andorra Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Andorra's government debt to gdp was 31.73% in 2025, ranked 147th globally. This represents a 4.5% decrease from 2024. Data from IMF WEO, covering 2001–2025.
Overview
Andorra's government debt to gdp stood at 31.73% in 2025, a decline of +1.51% from 2024. The IMF projects 31.73% by 2025. Andorra ranked 147th globally.
Andorra's government debt to GDP ratio has fluctuated over the past 25 years, with a peak of 48.61 in 2021 and a trough of 14.76 in 2005. The ratio has been trending upwards since 2005, with a notable increase between 2019 and 2021. As of 2025, the ratio stands at 31.73, placing Andorra 147th globally. In comparison, Viet Nam, a peer country with a similar ranking, had a ratio of 32.05 in 2025. Andorra's debt burden has increased significantly since the early 2000s, with the IMF noting a steady rise in government spending and borrowing to finance infrastructure development and social programs. As the global economy continues to evolve, Andorra's reliance on foreign borrowing to finance its debt may become a concern, particularly if interest rates rise or investor confidence wanes, potentially altering the trajectory of its debt-to-GDP ratio.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 28.36% | - | - |
| 2029* IMF | 28.82% | - | - |
| 2028* IMF | 29.29% | - | - |
| 2027* IMF | 29.74% | - | - |
| 2026* IMF | 30.70% | - | - |
| 2025* IMF | 31.73% | - | - |
| 2025 | 31.73% | −1.51% | #147 |
| 2024 | 33.23% | −2.23% | #40 |
| 2023 | 35.47% | −3.44% | #43 |
| 2022 | 38.91% | −9.71% | #51 |
| 2021 | 48.61% | +2.26% | #67 |
| 2020 | 46.35% | +10.99% | #63 |
| 2019 | 35.37% | −0.98% | #43 |
| 2018 | 36.34% | −1.51% | #51 |
| 2017 | 37.85% | −1.92% | #54 |
| 2016 | 39.77% | −1.18% | #67 |
| 2015 | 40.96% | −1.07% | #82 |
| 2014 | 42.03% | −0.51% | #96 |
| 2013 | 42.53% | +1.00% | #108 |
| 2012 | 41.53% | +5.04% | #110 |
| 2011 | 36.49% | +1.47% | #96 |
Analysis
Andorra's government debt to gdp was 31.73% in 2025, a decline of −1.51% from 2024. IMF projects 31.73% by 2025.
Frequently Asked Questions
Andorra's government debt to gdp was 31.73% in 2025. Ranked 147th globally. This represents a 4.5% decrease from the previous year.
Andorra's government debt to gdp peaked at 48.61% in 2021.
The lowest government debt to gdp in Andorra was 14.76% in 2005.
Andorra ranks 147th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Andorra's government debt to gdp is projected to reach 31.73% by 2025 based on IMF projection.
The government debt to gdp of Andorra in 2025 was 31.73%. This ranks 147th in the world.
Cite this page
@misc{historysaid_andorra_government-debt-to-gdp,
title = {Andorra Government Debt to GDP},
url = {https://historysaid.com/andorra/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}