Foreign direct investment, net outflows as share of GDP in Andorra

Andorra: Foreign direct investment, net outflows as share of GDP was 2.9% in 2024. ▲ Rising

Latest (2024)
2.9%
Change on year
down 50.0%
World rank
13th
of 189 countries
All-time high
5.9%
in 2023
All-time low
2.9%
in 2024
Years of data
6
2019–2024

Foreign direct investment, net outflows as share of GDP in Andorra, 2019–2024

02462019202120242019: 3.2 % of GDP2020: 4.6 % of GDP2021: 4.2 % of GDP2022: 4.2 % of GDP2023: 5.9 % of GDP2024: 2.9 % of GDP

Source: International Monetary Fund (Balance of Payments), UNCTAD, and national sources, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2024, foreign direct investment, net outflows as share of gdp in Andorra stood at 2.9%. That is the lowest value across all 6 years on record.

That represents a change of down 50.0% on the previous year and down 9.4% over ten years.

Andorra ranks 13th of 189 countries on this measure, in the top 10%.

Foreign direct investment, net outflows as share of GDP in Andorra, year by year

Annual values for Foreign direct investment, net outflows as share of GDP in Andorra, 2019 to 2024.
Year % of GDP Change
2019 3.2%
2020 4.6% +42.4%
2021 4.2% -8.7%
2022 4.2% +1.0%
2023 5.9% +38.0%
2024 2.9% -50.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.2% 3.2% 3.2% 1
2020s 4.4% 2.9% 5.9% 5

Countries ranked near Andorra

  1. 10 Solomon Islands 3.3% compare
  2. 11 Malaysia 3.1% compare
  3. 12 Croatia 3.0% compare
  4. 14 Macau, China 2.5% compare
  5. 15 Papua New Guinea 2.5% compare
  6. 16 Canada 2.5% compare

See the full ranking of 189 places →

More economy & growth data for Andorra

All data for Andorra →

Frequently asked questions

What is foreign direct investment, net outflows as share of gdp in Andorra?
Foreign direct investment, net outflows as share of gdp in Andorra was 2.9% in 2024, according to International Monetary Fund (Balance of Payments), UNCTAD, and national sources, via World Bank (2026) – processed by Our World in Data.
What is the highest foreign direct investment, net outflows as share of gdp recorded in Andorra?
The highest recorded value was 5.9% in 2023.
What is the lowest foreign direct investment, net outflows as share of gdp recorded in Andorra?
The lowest recorded value was 2.9% in 2024.
How does Andorra rank for foreign direct investment, net outflows as share of gdp?
Andorra ranks 13th out of 189 countries with data for 2024.
Is foreign direct investment, net outflows as share of gdp rising or falling in Andorra?
Over the last ten years it is down 9.4%. The long-run trend across the full record is rising.
Where does this Andorra data come from?
The figures come from International Monetary Fund (Balance of Payments), UNCTAD, and national sources, via World Bank (2026) – processed by Our World in Data, published as part of Foreign direct investment, net outflows as share of GDP. Statizoid updates them automatically from the source API.

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Foreign direct investment, net outflows as share of GDP in Andorra. Statizoid, drawing on International Monetary Fund (Balance of Payments), UNCTAD, and national sources, via World Bank (2026) – processed by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/foreign-direct-investment-net-outflows-as-share-of-gdp/andorra/

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About this data

Indicator
Foreign direct investment, net outflows as share of GDP
Unit
% of GDP
Source
International Monetary Fund (Balance of Payments), UNCTAD, and national sources, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
189 places, 7,265 data points, 1970–2025
Last refreshed

Net outflows of foreign direct investment from the reporting economy to the rest of the world.