Merchandise trade as a proportion of GDP in Andorra

Andorra: Merchandise trade as a proportion of GDP was 56.7% in 2024. ▲ Rising

Latest (2024)
56.7%
Change on year
down 4.5%
World rank
103rd
of 218 countries
All-time high
66.6%
in 2022
All-time low
49.6%
in 2015
Years of data
10
2014–2024

Merchandise trade as a proportion of GDP in Andorra, 2014–2024

02040602014201920242014: 50.5 %2015: 49.6 %2016: 50.1 %2017: 53.2 %2018: 54 %2020: 57.5 %2021: 51.9 %2022: 66.6 %2023: 59.4 %2024: 56.7 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for merchandise trade as a proportion of gdp in Andorra is 56.7%, measured in 2024.

That represents a change of down 4.5% on the previous year and up 12.4% over ten years.

Over the whole period, merchandise trade as a proportion of gdp in Andorra peaked at 66.6% in 2022 and was at its lowest, 49.6%, in 2015.

That places Andorra 103rd out of 218 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 10 years of available data.

Merchandise trade as a proportion of GDP in Andorra, year by year

Annual values for Merchandise trade as a proportion of GDP (%) in Andorra, 2014 to 2024.
Year % Change
2014 50.5%
2015 49.6% -1.7%
2016 50.1% +1.0%
2017 53.2% +6.2%
2018 54.0% +1.5%
2020 57.5% +6.5%
2021 51.9% -9.6%
2022 66.6% +28.1%
2023 59.4% -10.8%
2024 56.7% -4.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 51.5% 49.6% 54.0% 5
2020s 58.4% 51.9% 66.6% 5

Countries ranked near Andorra

  1. 100 Greece 56.9% compare
  2. 101 Marshall Islands 56.9% compare
  3. 102 Papua New Guinea 56.9% compare
  4. 104 Melanesia 56.5% compare
  5. 105 Timor-Leste 56.4% compare
  6. 105 Timor-Leste 56.4% compare

See the full ranking of 255 places →

More economy & growth data for Andorra

All data for Andorra →

Frequently asked questions

What is merchandise trade as a proportion of gdp in Andorra?
Merchandise trade as a proportion of gdp in Andorra was 56.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest merchandise trade as a proportion of gdp recorded in Andorra?
The highest recorded value was 66.6% in 2022.
What is the lowest merchandise trade as a proportion of gdp recorded in Andorra?
The lowest recorded value was 49.6% in 2015.
How does Andorra rank for merchandise trade as a proportion of gdp?
Andorra ranks 103rd out of 218 countries with data for 2024.
Is merchandise trade as a proportion of gdp rising or falling in Andorra?
Over the last ten years it is up 12.4%. The long-run trend across the full record is rising.
Where does this Andorra data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Merchandise trade as a proportion of GDP in Andorra. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 06 September 2026, from https://economy.statizoid.com/stat/merchandise-trade-as-a-proportion-of-gdp-percent/andorra/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
255 places, 6,196 data points, 2000–2024
Last refreshed