Current account balance in Andorra
Andorra: Current account balance was 16.0% in 2024. ▼ Falling
Current account balance in Andorra, 2019–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Andorra recorded 16.0% for current account balance in 2024.
Compared with earlier readings it is up 12.8% on the previous year and down 10.9% over ten years.
That places Andorra 10th out of 200 countries with data for 2024, putting it in the top 10%.
Current account balance in Andorra, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2019 | 18.0% | — |
| 2020 | 15.5% | -13.8% |
| 2021 | 15.0% | -3.2% |
| 2022 | 11.6% | -22.5% |
| 2023 | 14.2% | +22.1% |
| 2024 | 16.0% | +12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.0% | 18.0% | 18.0% | 1 |
| 2020s | 14.5% | 11.6% | 16.0% | 5 |
Countries ranked near Andorra
More economy & growth data for Andorra
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.28 Percent per annum (2029)
- GNI (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Net primary income (Net income from abroad) (current LCU), annual 20.84 % change on previous year (2025)
- GNI (current US$), per capita 55,234 current US$ per person (2025)
- GNI (current LCU), annual growth rate 6.82 % change on previous year (2025)
- Net primary income (Net income from abroad) (current US$), annual 26.16 % change on previous year (2025)
- GDP (constant 2015 US$), per capita 42,320 constant 2015 US$ per person (2025)
- GNI (current LCU), per unit of GDP 0.9003 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 48,881 current LCU per person (2025)
Frequently asked questions
- What is current account balance in Andorra?
- Current account balance in Andorra was 16.0% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Andorra?
- The highest recorded value was 18.0% in 2019.
- What is the lowest current account balance recorded in Andorra?
- The lowest recorded value was 11.6% in 2022.
- How does Andorra rank for current account balance?
- Andorra ranks 10th out of 200 countries with data for 2024.
- Is current account balance rising or falling in Andorra?
- Over the last ten years it is down 10.9%. The long-run trend across the full record is falling.
- Where does this Andorra data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.