Europe & Central Asia · High income
Andorra: the economy in numbers
Per person: $54,292, or $79,567 at purchasing power parity. Population: 82,904 (2025).
GDP in 2025, current US dollars: #169 of 204 economies. IMF forecast for 2026: +1.9%.
GDP
Adjusted for US inflation, in 2025 dollars: $652 million in 1970, $4.5 billion in 2025.
GDP per capita
In 2025 dollars: $32,661 per person in 1970, $54,292 in 2025.
Real GDP growth
Average over 2016–2025: 2.3% a year. Years of falling GDP since 1971: 9 of 55.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Inflation
Highest annual inflation: 6.2% in 2022.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Government debt, % of GDP
Highest since 2001: 48.6% of GDP in 2021. IMF forecast for 2031: 24.1%.
Source: World Bank, World Development Indicators (CC BY 4.0)
Population
1960: 9,510 · 2025: 82,904.
Life expectancy at birth
1960: 72.1 years · 2024: 84.2 years.
Data by year
Show the year-by-year table
| Year | GDP | GDP per capita | Per capita, PPP | Real growth | Inflation | Gov. debt, % GDP | Population | Life expectancy |
|---|---|---|---|---|---|---|---|---|
| 2031 | 1.5%f | 2.0%f | 24.1%f | |||||
| 2030 | 1.5%f | 2.0%f | 24.7%f | |||||
| 2029 | 1.6%f | 2.0%f | 25.3%f | |||||
| 2028 | 1.7%f | 2.4%f | 25.9%f | |||||
| 2027 | 1.7%f | 3.2%f | 26.6%f | |||||
| 2026 | 1.9%f | 4.0%f | 27.8%f | |||||
| 2025 | $4.5B | $54,292 | $79,567 | 3.9% | 2.4% | 30.3% | 82.9K | |
| 2024 | $4.04B | $49,357 | $75,395 | 3.8% | 3.1% | 32.9% | 81.9K | 84.2 |
| 2023 | $3.79B | $46,812 | $71,790 | 2.6% | 5.6% | 35.4% | 80.9K | 84.0 |
| 2022 | $3.38B | $42,414 | $68,459 | 9.6% | 6.2% | 38.9% | 79.7K | 84.0 |
| 2021 | $3.32B | $42,426 | $59,332 | 8.3% | 1.7% | 48.6% | 78.4K | 82.3 |
| 2020 | $2.89B | $37,361 | $52,096 | −11.2% | 0.1% | 46.4% | 77.4K | 79.4 |
| 2019 | $3.16B | $41,258 | $57,475 | 2.0% | 0.5% | 35.4% | 76.5K | 84.1 |
| 2018 | $3.22B | $42,820 | $55,245 | 1.6% | 1.0% | 36.3% | 75.2K | 84.2 |
| 2017 | $3.0B | $40,673 | $53,085 | 0.3% | 2.6% | 37.9% | 73.8K | 84.4 |
| 2016 | $2.9B | $40,130 | $53,110 | 3.7% | −0.4% | 39.8% | 72.2K | 84.5 |
| 2015 | $2.79B | $38,655 | $50,733 | 1.4% | −1.1% | 41.0% | 72.2K | 84.5 |
| 2014 | $3.27B | $44,370 | $48,506 | 2.5% | −0.1% | 42.0% | 73.7K | 84.5 |
| 2013 | $3.19B | $42,470 | $45,609 | −3.5% | 0.5% | 42.5% | 75.2K | 84.4 |
| 2012 | $3.19B | $41,501 | $45,503 | −5.0% | 1.5% | 41.5% | 76.8K | 84.3 |
| 2011 | $3.63B | $46,657 | $46,436 | −0.0% | 2.6% | 36.5% | 77.8K | 84.3 |
| 2010 | $3.45B | $42,747 | $43,853 | −2.0% | 1.7% | 35.0% | 80.7K | 84.2 |
| 2009 | $3.69B | $43,975 | $42,523 | −5.3% | −1.2% | 33.5% | 83.9K | 84.1 |
| 2008 | $4.1B | $49,133 | $44,839 | −5.6% | 4.3% | 27.7% | 83.5K | 83.9 |
| 2007 | $3.96B | $48,336 | $47,501 | 1.6% | 2.7% | 20.9% | 81.9K | 83.6 |
| 2006 | $3.46B | $43,467 | $46,853 | 4.8% | 3.7% | 17.2% | 79.6K | 83.4 |
| 2005 | $3.16B | $40,830 | $44,578 | 5.4% | 3.5% | 14.8% | 77.4K | 83.1 |
| 2004 | $2.9B | $39,021 | $42,717 | 8.1% | 2.9% | 15.1% | 74.3K | 82.8 |
| 2003 | $2.37B | $34,064 | $41,148 | 8.7% | 3.1% | 15.2% | 69.5K | 82.7 |
| 2002 | $1.76B | $26,528 | $38,787 | 4.5% | 3.1% | 15.3% | 66.5K | 82.4 |
| 2001 | $1.55B | $23,511 | $36,895 | 8.1% | 15.8% | 65.9K | 82.2 | |
| 2000 | $1.43B | $21,810 | $33,458 | 3.5% | 65.7K | 81.9 | ||
| 1999 | $1.24B | $18,875 | $31,590 | 4.1% | 65.7K | 81.5 | ||
| 1998 | $1.21B | $18,537 | $30,073 | 3.2% | 65.4K | 81.3 | ||
| 1997 | $1.18B | $18,248 | $29,122 | 9.1% | 64.7K | 81.1 | ||
| 1996 | $1.22B | $19,130 | $26,542 | 4.6% | 64K | 81.0 | ||
| 1995 | $1.18B | $18,443 | $24,934 | 2.8% | 63.9K | 80.8 | ||
| 1994 | $1.02B | $15,749 | $23,509 | 2.4% | 64.6K | 80.6 | ||
| 1993 | $1.01B | $15,917 | $22,958 | −1.0% | 63.3K | 80.2 | ||
| 1992 | $1.21B | $20,100 | $23,817 | 0.9% | 60.2K | 79.8 | ||
| 1991 | $1.11B | $19,533 | $24,510 | 2.5% | 56.7K | 79.3 | ||
| 1990 | $1.03B | $19,564 | $24,909 | 3.8% | 52.6K | 79.0 | ||
| 1989 | $795M | $15,715 | 4.8% | 50.6K | 78.6 | |||
| 1988 | $721M | $14,599 | 5.1% | 49.4K | 78.4 | |||
| 1987 | $611M | $12,828 | 5.5% | 47.7K | 78.2 | |||
| 1986 | $482M | $10,539 | 3.3% | 45.7K | 78.1 | |||
| 1985 | $347M | $7,912 | 2.3% | 43.8K | 78.0 | |||
| 1984 | $330M | $7,808 | 1.8% | 42.3K | 77.9 | |||
| 1983 | $328M | $8,082 | 1.8% | 40.6K | 77.8 | |||
| 1982 | $376M | $9,698 | 1.2% | 38.8K | 77.6 | |||
| 1981 | $389M | $10,465 | −0.1% | 37.2K | 77.4 | |||
| 1980 | $446M | $12,475 | 2.2% | 35.8K | 77.1 | |||
| 1979 | $412M | $11,996 | 0.0% | 34.3K | 76.8 | |||
| 1978 | $308M | $9,410 | 1.5% | 32.7K | 76.5 | |||
| 1977 | $254M | $8,168 | 2.8% | 31.1K | 76.2 | |||
| 1976 | $227M | $7,721 | 3.3% | 29.4K | 75.9 | |||
| 1975 | $220M | $7,925 | 0.5% | 27.8K | 75.6 | |||
| 1974 | $187M | $7,140 | 5.6% | 26.1K | 75.3 | |||
| 1973 | $151M | $6,151 | 7.8% | 24.5K | 75.1 | |||
| 1972 | $113M | $4,940 | 8.1% | 23K | 74.9 | |||
| 1971 | $89.4M | $4,170 | 4.6% | 21.4K | 74.6 | |||
| 1970 | $78.6M | $3,935 | 20K | 74.5 | ||||
| 1969 | 18.6K | 74.3 | ||||||
| 1968 | 17.2K | 74.2 | ||||||
| 1967 | 15.8K | 74.1 | ||||||
| 1966 | 14.6K | 74.0 | ||||||
| 1965 | 13.6K | 73.9 | ||||||
| 1964 | 12.8K | 73.6 | ||||||
| 1963 | 11.9K | 73.3 | ||||||
| 1962 | 11.1K | 73.0 | ||||||
| 1961 | 10.3K | 72.6 | ||||||
| 1960 | 9.51K | 72.1 |
e: IMF estimate; f: IMF forecast. Inflation: IMF data.
Nearby economies in Europe & Central Asia
Nearest by distance between capitals, with GDP per capita.
Albania · Andorra · Armenia · Austria · Azerbaijan · Belarus · Belgium · Bosnia and Herzegovina · Bulgaria · Channel Islands · Croatia · Cyprus · Czechia · Denmark · Estonia · Faroe Islands · Finland · France · Georgia · Germany · Gibraltar · Greece · Greenland · Hungary · Iceland · Ireland · Isle of Man · Italy · Kazakhstan · Kosovo · Kyrgyzstan · Latvia · Liechtenstein · Lithuania · Luxembourg · Moldova · Monaco · Montenegro · Netherlands · North Macedonia · Norway · Poland · Portugal · Romania · Russia · San Marino · Serbia · Slovakia · Slovenia · Spain · Sweden · Switzerland · Tajikistan · Turkmenistan · Türkiye · Ukraine · United Kingdom · Uzbekistan
Rankings
GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country
Data and methods
- GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
- Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
- In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
- Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
- Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
- Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
- Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.
Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)