Andorra GDP Growth Rate (2026)
Andorra has a small high-income European economy supported by tourism, retail, finance, construction, and household services. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.1%
Annual real GDP growth
World Rank
#136
Out of 195 countries
Change vs 2025
-1.8 pp
2025: +3.9%
Europe Rank
#15
Out of 43 countries
1. Andorra GDP Growth Rate in 2026
Andorran economic growth is influenced by tourism, retail spending, construction, property activity, and economic conditions in France and Spain. Visitor demand remains especially important.
2. Andorra GDP Growth Rate Trends (2001–2026)
Andorra’s growth history has been shaped by tourism, cross-border commerce, property development, and gradual modernization of its financial sector.
3. Andorra GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +2.1% | -1.8 pp |
| 2025 | +3.9% | +0.1 pp |
| 2024 | +3.8% | +1.2 pp |
| 2023 | +2.6% | -7.0 pp |
| 2022 | +9.6% | +1.3 pp |
| 2021 | +8.3% | +19.5 pp |
| 2020 | -11.2% | -13.2 pp |
| 2019 | +2.0% | +0.4 pp |
| 2018 | +1.6% | +1.3 pp |
| 2017 | +0.3% | -3.4 pp |
| 2016 | +3.7% | +2.3 pp |
| 2015 | +1.4% | -1.1 pp |
| 2014 | +2.5% | +6.0 pp |
| 2013 | -3.5% | +1.5 pp |
| 2012 | -5.0% | -5.0 pp |
| 2011 | 0.0% | +2.0 pp |
| 2010 | -2.0% | +3.3 pp |
| 2009 | -5.3% | +0.3 pp |
| 2008 | -5.6% | -7.2 pp |
| 2007 | +1.6% | -3.2 pp |
| 2006 | +4.8% | -0.6 pp |
| 2005 | +5.4% | -2.7 pp |
| 2004 | +8.1% | -0.6 pp |
| 2003 | +8.7% | +4.2 pp |
| 2002 | +4.5% | -3.6 pp |
| 2001 | +8.1% | — |
4. Andorra GDP Growth Performance
Current Growth Rate
+2.1%
(2026 to 2026)
5-Year Average
+4.4%
(2022 to 2026)
10-Year Average
+2.3%
(2017 to 2026)
20-Year Average
+0.5%
(2007 to 2026)
The economy benefits from strong winter and leisure tourism, while its small size and narrow sector base create sensitivity to external travel conditions.
5. Andorra GDP Growth Rate vs Europe and World
Andorra
+2.1%
Europe Average
+1.9%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Andorra’s GDP growth rate is approximately
0.2 pp
above the
Europe average
and
0.7 pp
below the world average.
6. Andorra GDP Growth Rate Ranking in Europe
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #11 | Ireland | +2.5% |
| #12 | Czech Republic | +2.2% |
| #13 | Latvia | +2.2% |
| #14 | Bosnia and Herzegovina | +2.2% |
| #15 | Andorra | +2.1% |
| #16 | Spain | +2.1% |
| #17 | Denmark | +2.0% |
| #18 | Slovenia | +2.0% |
| #19 | Ukraine | +2.0% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Andorra
Andorra GDP (Nominal)
$4.9 Billion
(2026)
Andorra GDP Growth Rate
+2.1%
(2026)
Andorra’s growth generally tracks broader European tourism and consumer trends, with stronger volatility than larger diversified economies.
Explore more:
Andorra GDP
9. Andorra GDP Growth Rate Forecast
The outlook depends on tourism, construction, retail, investment, and neighboring European economies. External travel weakness remains an important risk.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +1.8% | -0.3 pp |
| 2028 | +1.7% | -0.1 pp |
| 2029 | +1.6% | -0.1 pp |
| 2030 | +1.5% | -0.1 pp |
10. Andorra GDP Growth Rate: Key Findings
Andorra GDP growth rate is estimated at +2.1% in 2026.
It ranks #136 globally and #15 in Europe by annual GDP growth rate.
The growth rate slowed by 1.8 percentage points compared with 2025.
The 5-year average GDP growth rate is +4.4%.
The 10-year average GDP growth rate is +2.3%.
The current rate is 0.2 percentage points above the Europe average.
The current rate is 0.7 percentage points below the world average.
The forecast GDP growth rate is +1.5% in 2030, 0.6 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Andorra GDP Growth Rate FAQs
Andorra GDP growth rate is estimated at +2.1% in 2026.
Andorra ranks #136 globally and #15 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.1% in 2026.
Andorra GDP growth rate was +1.4% in 2015.
Andorra GDP growth rate is 0.2 percentage points above the Europe average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.