Economic analysis of Andorra: GDP, inflation, employment, public debt and updated statistics from the Department of Statistics of Andorra.
On September 30, 2023, the Andorra Economic Forum was held. An international event on economics, entrepreneurship and innovation that seeks to bring together, in this case in Andorra, the most prominent economists, managers, entrepreneurs and innovators in the Hispanic world in the same place with the aim of sharing training, experiences, knowledge, common goals … Read more
Andorra's GDP in 2024 was approximately €3.7 billion, representing a 2.11% increase compared to 2023, according to the Department of Statistics. The Andorran economy is based on retail trade (€35.1%), tourism (€25.1%), and financial services (€20.1%). With 80,000 daily visitors during peak season and over 10 million… Read more
According to the IMF, of which Andorra has been a member since 2020, Andorra will be the second fastest-growing country in Europe in 2022. This conclusion was reached in its latest report, which reviews economic indicators and benchmarks for each country and projects the near future based on current trends in these indicators. Data… Read more
Inflation in Andorra is no exception. Since mid-2021, the CPI and prices around the world and especially in Europe and the United States began to skyrocket uncontrollably and continuously. First they told us that it was temporary, then that it was due to bottlenecks, also that it was due… Read more
Why is Andorra filling up with CBD shops? Is Andorra a country hostile to the cannabis industry? Are CBD flowers allowed? What is Andorra's stance on marijuana? In this article, we will try to answer these questions. Key data (2025–2026) Source: Government of Andorra — Cannabis product regulations What is… Read more
The so-called digitization in Andorra has always been a priority. It's been a long time since we told here about the transformation that the Principality has carried out since the last decade. We explained that the current modern Andorra is really less than 30 years old since it was born with its 1993 Constitution and that the crises point … Read more
Andorra is not a member of the European Union, but in 2024 it signed the most ambitious association agreement in its history with the EU, which is pending ratification. This agreement would allow Andorran citizens to live and work freely in the 27 EU countries and give Andorra access to the European single market. Currently, Andorra… Read more
Although in Spain public debt is often referred to as a structural problem, in Andorra it is a milder problem and, furthermore, its expectations for the future are to improve a lot. Although Andorran politicians, like any other in the profession, like to spend taxpayer money ... Read more
