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Andorra

Andorra · AND · Europe

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Andorra is a small, independent principality nestled in the Pyrenees mountains between France and Spain. Its economy relies heavily on tourism, particularly skiing, and its status as a tax haven, though it has moved towards greater financial transparency. The country enjoys a high standard of living.

Leadership

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

Co-Princes

GOVERNMENT: Parliamentary Co-Principality

Economy

GDP

$3.5B

GDP per Capita

$42.0K

GDP Growth

+2.0%

Inflation

2.0%

Unemployment

2.5%

Tourism (skiing)RetailBankingFinance

Trade

Key Exports

Tobacco productsFurnitureSpiritsElectricity

Key Imports

Consumer goodsFoodstuffsElectricityMachineryVehicles

Top Partners

SpainFranceGermanyUSA

Headlines (8)

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