Andorra flag

Andorra

Principality of Andorra

Capital

Andorra la Vella

Region

Europe

Population

88,406

Area (km²)

468

💡Quick Summary

Andorra, a tiny landlocked principality in the Pyrenees Mountains of Europe, is nestled between Spain and France with a population of just 88,406 spread across 468 km². Its capital, Andorra la Vella, serves as a bustling hub for tax-free shopping and tourism, drawing millions of visitors annually. Though official GDP figures are not readily available, the economy thrives on retail, banking, and winter sports, making it one of Europe's wealthiest microstates per capita.

Key Insights

Exceptional Wealth despite Small Scale

Andorra exhibits an extremely high level of economic prosperity, evidenced by a GDP per capita that rivals or exceeds many larger, developed European nations. This wealth is particularly striking given its small population and total GDP size, suggesting a highly efficient and specialized economy, likely driven by tourism and financial services.

Top-Tier Longevity and Healthcare Outcomes

The life expectancy of 84.04 years places Andorra among the global leaders, indicating excellent public health infrastructure and quality of life. This longevity is supported by a relatively high health expenditure percentage of GDP and an extremely low infant mortality rate, suggesting highly effective healthcare delivery.

Extreme Urban Concentration

Despite being a mountainous microstate, Andorra’s population is overwhelmingly urbanized, with nearly 89% living in urban areas. This high concentration contrasts with its large forest cover and indicates that human settlement is intensely focused in the valleys, likely due to the challenging mountainous terrain.

Below Replacement Fertility Rate

Andorra faces a significant demographic challenge with a very low fertility rate of 1.08 children per woman, far below the replacement level of 2.1. Given the high life expectancy, this suggests that population maintenance and growth are heavily reliant on immigration, which is common among wealthy European microstates.

Economic Indicators
Latest economic data from World Bank

GDP (Current US$)

$3.79B

Year: 2023

GDP Per Capita

$46,812.43

GDP Growth (%)

2.58%

Inflation (%)

N/A%

Unemployment (%)

N/A%

Debt to GDP (%)

N/A%

Source: World Bank • Last updated: 1/23/2026

Historical Trends & Data Visualizations

GDP Growth Rate
Annual percentage change in GDP over time
2014201520162017201820192020202120222023-12.00%-6.00%0.00%6.00%12.00%
  • GDP Growth (%)
Population Growth
Total population over time
2014201520162017201820192020202120222023025,00050,00075,000100,000
  • Population
Life Expectancy
Average life expectancy at birth (years)
20142015201620172018201920202021202220230.0years25.0years50.0years75.0years100.0years
  • Life Expectancy (years)
Renewable Energy Consumption
Percentage of total energy from renewable sources
2014201520162017201820192020202120220.0%6.0%12.0%18.0%24.0%
  • Renewable Energy (%)
GDP Per Capita
Economic output per person (current US$)
2014201520162017201820192020202120222023$0$15,000$30,000$45,000$60,000
  • GDP Per Capita ($)

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