Trade in services in Andorra
Andorra: Trade in services was 109.2% in 2024. ▲ Rising
Trade in services in Andorra, 2019–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in Andorra is 109.2%, measured in 2024. That is the highest value across all 6 years on record.
That represents a change of up 9.7% on the previous year and up 24.6% over ten years.
Andorra ranks 8th of 200 countries on this measure, in the top 10%.
Trade in services in Andorra, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2019 | 87.6% | — |
| 2020 | 75.3% | -14.0% |
| 2021 | 87.5% | +16.2% |
| 2022 | 94.4% | +7.9% |
| 2023 | 99.5% | +5.4% |
| 2024 | 109.2% | +9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 87.6% | 87.6% | 87.6% | 1 |
| 2020s | 93.2% | 75.3% | 109.2% | 5 |
Countries ranked near Andorra
- 5 Singapore 133.7% compare
- 6 Seychelles 121.8% compare
- 7 Aruba 111.3% compare
- 9 San Marino 105.5% compare
- 10 Maldives 98.0% compare
- 11 Macau, China 96.8% compare
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 trade in services in Andorra?
- Trade in services in Andorra was 109.2% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Andorra?
- The highest recorded value was 109.2% in 2024.
- What is the lowest trade in services recorded in Andorra?
- The lowest recorded value was 75.3% in 2020.
- How does Andorra rank for trade in services?
- Andorra ranks 8th out of 200 countries with data for 2024.
- Is trade in services rising or falling in Andorra?
- Over the last ten years it is up 24.6%. The long-run trend across the full record is rising.
- 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.