gdp Archives | Andorra Insiders

Andorra's Economic Growth: GDP, Rate and Outlook

June 8, 2026March 28, 2023 by Jose Sanchis

Economic growth in Andorra: rate and GDP

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

IMF: Andorra grows by 8.91% Q3 and leads European growth in 2025

June 8, 2026November 9, 2022 by Jose Sanchis

The IMF revises Andorra's economic growth upwards in 2022

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