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Macro

Andorra

Europe & Central Asia · High income · IMF WEO April 2026 · World Bank WDI

GDP▲ 11.1%
Current prices2025
4USD bn
GDP per capita▲ 8.6%
Current prices2025
50,379USD
Real GDP growth▲ 0.1 pp
Annual change2025
3.9%
Inflation▼ 0.7 pp
Average consumer prices2025
2.4%
Unemployment▼ 0.4 pp
Rate2025
1.1%
Government debt▼ 2.6 pp
General government, gross2025
30.3% of GDP
Current account■ 0.0 pp
Balance2025
15.9% of GDP
Population▲ 2.3%
Total2025
0.09million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-11.20.09.62001: 8.1%2002: 4.5%2003: 8.7%2004: 8.1%2005: 5.4%2006: 4.8%2007: 1.6%2008: -5.6%2009: -5.3%2010: -2.0%2011: -0.0%2012: -5.0%2013: -3.5%2014: 2.5%2015: 1.4%2016: 3.7%2017: 0.3%2018: 1.6%2019: 2.0%2020: -11.2%2021: 8.3%2022: 9.6%2023: 2.6%2024: 3.8%2025: 3.9%2026: 2.1% (IMF projection)2027: 1.8% (IMF projection)2028: 1.7% (IMF projection)2029: 1.6% (IMF projection)2030: 1.5% (IMF projection)2031: 1.5% (IMF projection)IMF projection200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-1.20.06.22002: 3.1%2003: 3.1%2004: 2.9%2005: 3.5%2006: 3.7%2007: 2.7%2008: 4.3%2009: -1.2%2010: 1.7%2011: 2.6%2012: 1.5%2013: 0.5%2014: -0.1%2015: -1.1%2016: -0.4%2017: 2.6%2018: 1.0%2019: 0.5%2020: 0.1%2021: 1.7%2022: 6.2%2023: 5.6%2024: 3.1%2025: 2.4%2026: 3.0% (IMF projection)2027: 2.3% (IMF projection)2028: 2.0% (IMF projection)2029: 2.0% (IMF projection)2030: 2.0% (IMF projection)2031: 2.0% (IMF projection)IMF projection200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %8.39.62.63.83.92.11.81.71.61.5
Inflation, average consumer prices %1.76.25.63.12.43.02.32.02.02.0
Unemployment rate %3.32.11.51.51.11.11.11.21.31.3
GDP, current prices USD bn3344455556
GDP per capita, current prices USD41,80741,37944,48446,41050,37953,47554,25054,89055,52456,118
GDP per capita, PPP Int. USD58,45966,87968,20970,92974,04975,98877,27378,04678,85579,641
General government gross debt % of GDP48.638.935.432.930.328.026.926.325.725.1
General government net lending/borrowing % of GDP-1.24.82.22.83.52.21.91.91.91.9
Current account balance % of GDP15.011.614.215.915.916.016.016.116.216.2
Population million0.080.080.090.090.090.090.090.100.100.10

Government debt, % of GDP

General government gross debt
0.048.62001: 16%2002: 15%2003: 15%2004: 15%2005: 15%2006: 17%2007: 21%2008: 28%2009: 34%2010: 35%2011: 36%2012: 42%2013: 43%2014: 42%2015: 41%2016: 40%2017: 38%2018: 36%2019: 35%2020: 46%2021: 49%2022: 39%2023: 35%2024: 33%2025: 30%2026: 28% (IMF projection)2027: 27% (IMF projection)2028: 26% (IMF projection)2029: 26% (IMF projection)2030: 25% (IMF projection)2031: 25% (IMF projection)IMF projection200520102015202020252030

Current account, % of GDP

Balance of payments
0.018.02019: 18.0%2020: 15.5%2021: 15.0%2022: 11.6%2023: 14.2%2024: 15.9%2025: 15.9%2026: 16.0% (IMF projection)2027: 16.0% (IMF projection)2028: 16.1% (IMF projection)2029: 16.2% (IMF projection)2030: 16.2% (IMF projection)2031: 16.2% (IMF projection)IMF projection202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
20050.416.03.574.4
20150.510.03.778.7
20250.512.8–77.8

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method53,230USD2025–
GNI, Atlas method4USD bn2025–
Life expectancy at birth84.2years2024-0.4%
Urban population88.9% of total2025+0.4 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)