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Andorra

Andorra · AND · Europe

25

Risk Score

Guarded Stable

Risk Factors

No recent events in pipeline

Overview

Andorra is a small, landlocked principality nestled in the Pyrenees mountains, renowned for its tourism industry and duty-free shopping. Its economy is also significantly supported by financial services and a stable political environment.

Leadership

Emmanuel Macron (Co-Prince), Joan Enric Vives Sicília (Co-Prince)

Co-Princes

Government: Parliamentary Co-Principality

Xavier Espot Zamora

Imma Tor Faus

Ramon Lladós Dulsat

Economy

GDP

$3.7B

GDP per Capita

$47.5K

GDP Growth

+2.5%

Inflation

2.2%

Unemployment

2.0%

TourismRetailFinancial ServicesTobacco

Trade

Key Exports

Tobacco ProductsFurnitureSpiritsElectricity

Key Imports

Consumer GoodsFoodMachineryElectronics

Top Partners

SpainFranceGermanyPortugal

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