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ECON FACTBOOK

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Economy of Andorra

Population: 79 thousand in 20131

GDP: $4.8 billion in 20122

GDP per capita: $46,418 nominal in 20083 ($37,900 PPP in 20094)

GDP growth rate: -1.6% in 20125

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Other activities1,64852.7%
Wholesale, retail trade, restaurants and hotels84527.0%
Construction2728.7%
Transport, storage and communication1835.9%
Manufacturing1274.1%
Mining and utilities381.2%
Agriculture, hunting, forestry, fishing180.6%
Total value added3,131100%

Employment

Unemployment rate: 4% in 20127

Employment by Industry 20108

Employment sectorPercent of total
Services95%
Industry4%
Agriculture1%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: N/A

Household Wealth per Adult: N/A

Gini Coefficient: N/A

Government

Central Government

Central Government Revenue: $1.03 billion (22% of GDP) in 201310

Central Government Expenditure: $1.04 billion (22% of GDP) in 201310

Central Government Budget Balance: -$0.01 billion (0% of GDP) in 201310

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds: N/A

Corporate Tax Rate: N/A

Monetary Policy

Money Supply (Euro area, M1): $6.62 trillion in Nov 2014* 11

Benchmark Interest Rate (Euro area): Main Refinancing rate = 0.05% in Sept 201412

Total Reserves: N/A

Exchange Rate: 0.877 Euros = 1 U.S. Dollar on Feb 18, 201513

Inflation: 1.1% in 201214

* Money supply calculated using the exchange rate 0.877 EUR = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201315

N/A (data not available at Relbanks.com)

International Accounts

Exports: $0.07 billion (1% of GDP) in 201216

Imports: $1.40 billion (29% of GDP) in 201216

Trade Balance: -$1.33 billion (-28% of GDP) in 201316

Foreign Direct Investment Inflow: N/A

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: N/A

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: CIA World Factbook (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: CIA World Factbook (GDP per capita PPP) Go back
5. Source: CIA World Factbook (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: CIA World Factbook (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: CIA World Factbook (Government budget) Go back
11. Source: ECB Monetary developments (Money supply) Go back
12. Source: ECB Key interest rates (Benchmark interest rate) Go back
13. Source: Yahoo Finance (Exchange rate) Go back
14. Source: CIA World Factbook (Inflation rate) Go back
15. Source: Relbanks.com (Financial institutions by assets) Go back
16. Source: CIA World Factbook (Trade data) Go back