Annual GDP growth (%) in Andorra
Andorra: Annual GDP growth (%) was 3.4% in 2024. ◆ Volatile
Annual GDP growth in Andorra, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual gdp growth in Andorra is 3.4%, measured in 2024.
Compared with earlier readings it is up 30.5% on the previous year and up 34.6% over ten years.
Over the whole period, annual gdp growth in Andorra peaked at 9.6% in 2022 and was at its lowest, -11.2%, in 2020.
That places Andorra 113th out of 230 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Andorra, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.5% | — |
| 2001 | 8.1% | +130.1% |
| 2002 | 4.5% | -44.0% |
| 2003 | 8.7% | +91.2% |
| 2004 | 8.1% | -6.4% |
| 2005 | 5.4% | -33.7% |
| 2006 | 4.8% | -10.9% |
| 2007 | 1.6% | -67.7% |
| 2008 | -5.6% | -457.9% |
| 2009 | -5.3% | -4.6% |
| 2010 | -2.0% | -62.8% |
| 2011 | -0.0% | -99.6% |
| 2012 | -5.0% | +61543.0% |
| 2013 | -3.5% | -28.7% |
| 2014 | 2.5% | -170.6% |
| 2015 | 1.4% | -42.7% |
| 2016 | 3.7% | +158.7% |
| 2017 | 0.3% | -90.7% |
| 2018 | 1.6% | +359.1% |
| 2019 | 2.0% | +26.9% |
| 2020 | -11.2% | -654.9% |
| 2021 | 8.3% | -174.1% |
| 2022 | 9.6% | +15.4% |
| 2023 | 2.6% | -73.0% |
| 2024 | 3.4% | +30.5% |
Andorra compared with similar countries
- Andorra's 3.4% is above the median for high income countries, which is 2.1%, 1.6× the median. (80 countries reporting)
- Andorra's 3.4% is above the median for Europe & Central Asia, which is 2.6%, 1.3× the median. (55 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Andorra changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | -61543.0% | -0.0% | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | -5.6% | 8.7% | 10 |
| 2010s | 0.1% | -5.0% | 3.7% | 10 |
| 2020s | 2.5% | -11.2% | 9.6% | 5 |
Countries ranked near Andorra
More economy & growth data for Andorra
- Real gdp growth, annual growth rate 1.33 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.96 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0285 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,547 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0509 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0208 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,130 units per person (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0188 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Andorra?
- Annual gdp growth in Andorra was 3.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Andorra?
- The highest recorded value was 9.6% in 2022.
- What is the lowest annual gdp growth recorded in Andorra?
- The lowest recorded value was -11.2% in 2020.
- How does Andorra rank for annual gdp growth?
- Andorra ranks 113th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Andorra?
- Over the last ten years it is up 34.6%. The long-run trend across the full record is volatile.
- Where does this Andorra data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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