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Your are here: Country Profile > Andorra

Key Facts

GDP (ppp) per CAPITA
$38,800 (2005)
Inflation Rate
3.2% (2005)
Population
71,822 (July 2007 est.)
Country Risk Ratings
-
Ease of Doing Business
-/178
Global Competitiveness
-/131
 
Embassies of Andorra
Embassies in Andorra
Andorra Business Holidays
 
 
 
 
 
 
 
 

Andorra

Andorra Flag Andorra Map For 715 years, from 1278 to 1993, Andorrans lived under a unique co-principality, ruled by French and Spanish leaders (from 1607 onward, the French chief of state and the Spanish bishop of Urgel). In 1993, this feudal system was modified with the titular heads of state retained, but the government transformed into a parliamentary democracy. Long isolated and impoverished, mountainous Andorra achieved considerable prosperity since World War II through its tourist industry. Many immigrants (legal and illegal) are attracted to the thriving economy with its lack of income taxes.

Capital City: Andorra La Vella (+1 GMT) 
Chief of State: French Coprince Nicolas SARKOZY 
Head of Govt.: Executive Council President Albert PINTAT SANTOLARIA 
Currency: Euro 
Major Languages: Catalan 
Calling Code: 376 
Voltage: 220V 
Primary Religions: Roman Catholic 

Main Airports

No International Airport

Statistics

GDP: purchasing power parity:
$1.84 billion (2004)
GDP - real growth rate:
4% (2004 est.)
GDP - per capita: purchasing power parity:
24,000 (2004)
Inflation rate (consumer prices):
3.4% (2004)
Labor force:
48,740 (2004)
Exports:
$145 million f.o.b. (2004)
Exports - partners:
Spain 58%, France 34% (2004)
Imports:
$1.077 billion (1998)
Imports - partners:
Spain 51.5%, France 22.3%, U.S. 0.3% (2004)
Population:
71,201 (July 2006 est.)
Population growth rate:
0.89% (2006 est.)
Population Below Poverty Line:
NA
Major Industries:
tourism (particularly skiing), cattle raising, timber, banking, tobacco, furniture
Employing Workers: *
Registering Property: *
Enforcing Contracts: *
Closing a Business: *
*2006 World Bank rank out of 175 countries
Starting a Business

The table below shows the number of steps and the amount of time needed to start a business, on average

Indicator Andorra Region

 

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