Andorra
Description of Andorra
Andorra, a small principality nestled in the Pyrenees mountains between France and Spain, is a unique and picturesque country known for its stunning landscapes, rich cultural heritage, and thriving tourism industry. Despite its small size, Andorra boasts a prosperous economy driven by a well-developed services sector, particularly in tourism, banking, and retail. As Andorra continues to navigate its position as a tax haven and a strategic location in the heart of Europe, understanding the macroeconomic indicators that influence its growth and development is crucial. By analyzing key statistics such as GDP growth, unemployment rates, and trade balances, we can gain valuable insights into Andorra's economic landscape and its place in the global community.
Population And Age Structure
Population, total: Andorra's population of 77,700 is significantly below the average population of 40,097,746. Andorra ranks 184 out of 194 countries in terms of total population.
Population ages 0-14 (% of total population): Andorra's percentage of population ages 0-14 at 13.33% is below the average of 27.34%. Andorra ranks 188 out of 194 countries in this aspect.
Population ages 0-14, total: With a total population of 10,361 in the age group 0-14, Andorra falls far below the average of 10,327,379. Andorra ranks 188 out of 194 countries for this demographic.
Population ages 15-64 (% of total population): Andorra's 72.47% of population ages 15-64 is higher than the average of 63.44%. Andorra ranks 8 out of 194 countries in this category.
Population ages 15-64, total: Andorra's population of 56,310 in the age group 15-64 is significantly below the average of 26,003,407. Andorra ranks 184 out of 194 countries for this demographic.
Population ages 65 and above (% of total population): Andorra's 14.19% of population ages 65 and above is higher than the average of 9.22%. Andorra ranks 53 out of 194 countries in this aspect.
Population ages 65 and above, total: With a total population of 11,030 in the age group 65 and above, Andorra surpasses the average of 3,766,959. Andorra ranks 179 out of 194 countries for this demographic.
Summary
Andorra's population of 77,700 is below average, with a higher percentage of people aged 15-64 and 65 and above, but a lower percentage of children aged 0-14. This demographic profile indicates an aging population with implications for healthcare, pension systems, and workforce composition.
Population Miscellaneous
1. The rural population of Andorra is 9,389, significantly below the average rural population of 18,044,041. Andorra ranks 185th out of 190 countries in this dataset.
2. With a rural population (% of total population) of 12.084%, Andorra is well below the average of 41.158%. Andorra ranks 172nd out of 190 countries in this category.
3. Andorra has an urban population of 68,311, far below the average urban population of 22,425,747. The country ranks 175th out of 194 countries included in the data.
4. The urban population (% of total population) in Andorra is 87.916%, which is higher than the average of 59.691%. Andorra ranks 23rd out of 194 countries in this metric.
5. The age dependency ratio (% of working-age population) in Andorra is 37.988%, below the average of 59.219%. Andorra ranks 187th out of 194 countries in this aspect.
Summary
Andorra stands out in the dataset for having a relatively small rural population and a high urban population compared to global averages. The country also has a low age dependency ratio, indicating a smaller proportion of the population relying on the working-age group. These indicators suggest that Andorra has a unique demographic structure that could impact its labor force dynamics, urban development, and social welfare policies.
Natural Resources
For Forest area (sq. km), Andorra's value is 160 which is significantly below the average of 211,606.11 sq. km, ranking 173 out of 191 countries in the dataset. In terms of Land area (sq. km), Andorra has 470 sq. km, well below the average of 665,166.51 sq. km, placing it at rank 178 out of 194 countries. The Surface area (sq. km) of Andorra is also 470 sq. km, notably lower than the average of 689,779.56 sq. km. This puts Andorra at rank 178 out of 194 countries in the dataset. For Arable land (hectares), Andorra possesses 768.9 hectares, substantially lower than the average of 7,329,543.16 hectares. Andorra ranks 186 out of 190 countries in the data. In terms of Renewable internal freshwater resources (billion cubic meters), Andorra has 0.3156 billion cubic meters, significantly below the average of 240.41 billion cubic meters. Andorra ranks 164 out of 178 countries.
Summary
Andorra's key macroeconomic indicators for forest area, land area, surface area, arable land, and renewable internal freshwater resources all indicate that the country has limited natural resources and space for agricultural activities. This could pose challenges for the country's self-sufficiency in food production, economic diversification, and sustainability efforts. Therefore, it may need to focus on efficient resource utilization, technology adoption, and strategic partnerships for sustainable development.
Intellectual Property
Andorra's Patent applications by nonresidents are significantly below the attribute average, with a focus country rank of 112 out of 129 countries.
For Patent applications by residents, Andorra also falls below the attribute average, ranking 111 out of 117 countries.
Andorra's Trademark applications by nonresidents are notably below the attribute average, ranking 111 out of 130 countries.
Similarly, Andorra's Trademark applications by residents are substantially lower than the attribute average, ranking 100 out of 129 countries.
The number of Scientific and technical journal articles published by Andorra is far below the attribute average, with a rank of 177 out of 192 countries.
When it comes to Charges for the use of intellectual property, Andorra's payments are significantly below the average, ranking 130 out of 143 countries.
Summary
Andorra lags behind in key macroeconomic indicators related to intellectual property, such as patent and trademark applications, scientific publications, and charges for intellectual property use. These indicators reflect a low level of innovation, research, and development activities within the country. This could hinder Andorra's competitiveness in global markets, impede technological advancement, and limit the potential for economic growth and diversification.
Broad Economy Attributes
Andorra's GDP of 2,891,002,460.29 USD is substantially below the average GDP of 442,870,224,838.68 USD, ranking 160th out of 189 countries in the dataset. This indicates a significant economic difference compared to other nations.
Andorra's GDP per capita stands at 37,207.24 USD, well above the average of 15,462.11 USD, placing Andorra at the 28th position out of 190 countries. This reflects Andorra's relatively high individual economic prosperity compared to the global average.
With a GNI of 3,268,589,821.20 USD, Andorra falls below the average GNI of 452,040,815,370.70 USD, ranking 154th out of 185 countries. This suggests a lower national income level in comparison to a significant portion of other countries in the dataset.
Summary
Andorra's GDP, GDP per capita, and GNI all indicate that the country falls below global averages, ranking lower than most countries in the dataset. This suggests a relatively smaller economy and lower national income level compared to other nations. These indicators are crucial as they highlight Andorra's economic positioning and wealth disparity when compared to the rest of the world, indicating areas where the country may need to focus on further development and economic growth strategies.
Broad Value Added
1. Gross value added at basic prices (GVA) (current US$): Andorra's GVA stands at 2.69 billion USD, ranking 152 out of 176 countries. This is significantly below the average GVA of approximately 360.07 billion USD.
2. Agriculture, forestry, and fishing, value added (% of GDP): Andorra's value added in this sector accounts for 0.56% of its GDP, placing it at rank 175 out of 182 countries. This is notably lower than the average of 10.86%.
3. Agriculture, forestry, and fishing, value added (current US$): Andorra's current value added in this sector is 16.17 million USD. This places Andorra at rank 179 out of 182 countries, significantly below the average value of approximately 19.92 billion USD.
4. Services, value added (% of GDP): Andorra's services value added represents 79.82% of its GDP, ranking 5 out of 183 countries. This is notably higher than the average of 56.72%.
5. Services, value added (current US$): Andorra's current services value added is approximately 2.31 billion USD, placing it at rank 153 out of 183 countries. This is significantly below the average of around 295.84 billion USD.
6. Industry (including construction), value added (current US$): Andorra's value added in the industry sector is 366.01 million USD, ranking 163 out of 183 countries. This is notably below the average value of approximately 118.42 billion USD.
Summary
Andorra exhibits a relatively low Gross Value Added (GVA) compared to the global average, with a significant portion coming from the services sector. The country ranks particularly low in Agriculture, forestry, and fishing, both in terms of percentage contribution to GDP and value added. This highlights a heavy reliance on the services industry for economic output, indicating potential vulnerabilities in terms of diversification and resilience against external shocks.
Manufacturing Value Added
Andorra's Manufacturing, value added (current US$) is significantly below the attribute average of $76,207,179,589.66, with a value of $107,937,581.24. This places Andorra at a rank of 155 out of 173 countries in this category.
Furthermore, Andorra's Manufacturing, value added (% of GDP) stands at 3.73%, which is notably lower than the attribute average of 11.90%. This places Andorra at a rank of 155 out of 173 countries considered for this metric.
Summary
Andorra's manufacturing sector, as indicated by its manufacturing value added in both absolute terms and as a percentage of GDP, lags significantly behind the global average and ranks relatively low compared to other countries. This suggests that Andorra's economy may be less diversified and less industrialized compared to its peers, potentially indicating a need for policies to boost the manufacturing sector to enhance economic growth and competitiveness.
Money
Inflation, GDP deflator (annual %) in Andorra is 1.11%, which is significantly below the attribute average of 6.90%. Andorra ranks 119 out of 188 countries in this indicator.
Summary
Andorra's inflation, measured by the GDP deflator, stands at a low 1.11%, well below the global average of 6.90%. This places Andorra at 119 out of 188 countries in terms of this indicator. Such low inflation rates can signify stable prices, increased purchasing power for consumers, and potentially attract foreign investments due to lower costs of production.
Investment
Andorra's foreign direct investment, net stands at -139,720,254.93 USD, which is above the attribute average of -1,615,235,980.51 USD. The country ranks 65th out of 169 countries in this data set.
For portfolio investment, net, Andorra's value is -233,665,203.65 USD, below the attribute average of 679,559,169.57 USD. This places Andorra at the 113th position out of 159 countries.
In terms of portfolio equity, net inflows, Andorra received 7,664,528.78 USD, significantly lower than the attribute average of 9,197,145,994.70 USD. Andorra holds the 45th position out of 125 countries in this metric.
Summary
Andorra's foreign direct investment, net, portfolio investment, net, and portfolio equity, net inflows all show values below their respective attribute averages. Despite this, Andorra ranks relatively high among countries in the provided dataset for foreign direct investment and portfolio equity. These indicators are crucial as they reflect the level of external financial involvement in Andorra, highlighting its attractiveness to foreign investors and the effectiveness of its financial markets in attracting capital.
Broad Trade Attributes
Andorra's Trade in services comprises 75.32% of its GDP, significantly higher than the average of 24.63%. This places Andorra at the 9th rank out of 171 countries in this dataset.
Summary
Andorra stands out with its Trade in Services accounting for a substantial 75.32% of its GDP, surpassing the global average of 24.63%. This places Andorra impressively at the 9th rank out of 171 countries analyzed. Such a high percentage indicates Andorra's strong prowess in the services sector, highlighting its potential for economic growth and resilience through diversification.
Net Trade
1. Current account balance (BoP, current US$): Andorra has a focus country value of 448,869,294.44, which is below the attribute average of 1,443,864,831.49. Andorra ranks 51st out of 170 countries in this attribute data.
2. Current account balance (% of GDP): Andorra's value of 15.53% is above the attribute average of -2.36%. The country ranks 7th out of 170 countries in this data set.
3. Net trade in goods and services (BoP, current US$): Andorra's value is 114,551,911.23, significantly lower than the attribute average of 2,604,730,003.57. Andorra ranks 66th out of 171 countries.
4. Net primary income (BoP, current US$): Andorra has a value of 377,594,565.56, higher than the attribute average of -903,807,529.74. The country ranks 27th out of 170 nations.
5. Net secondary income (BoP, current US$): Andorra's value is -43,277,182.35, above the attribute average of -269,227,340.40. The country ranks 122nd out of 170 included in this data set.
6. Net trade in goods (BoP, current US$): Andorra's value is -1,052,957,014.06, below the attribute average of 1,302,831,005.68. Andorra ranks 103rd out of 171 countries in this attribute data.
7. Net capital account (BoP, current US$): Andorra has a value of 274,113.32, lower than the attribute average of 136,543,824.05. Andorra ranks 123rd out of 159 countries in this attribute data.
8. Net financial account (BoP, current US$): Andorra's value is 504,739,726.56, exceeding the attribute average of -469,840,994.63. The country ranks 52nd out of 170 nations.
Summary
Andorra displays strong economic indicators in terms of current account balance, net primary income, and net financial account, ranking relatively high among countries globally. These indicators suggest a healthy balance of trade, positive primary income flows, and robust financial activity. Maintaining this performance is crucial for Andorra's economic stability, attractiveness to investors, and sustainable growth in the long term.
Broad Export Attributes
Andorra's Exports of goods, services and primary income amount to $2,392,121,507.77, ranking 133 out of 170 countries. While the country's value is significantly below the attribute average of $146,238,908,936.30.
For Exports of goods and services, Andorra's value is $1,841,841,695.91, also ranking 133 out of 170 countries. Similar to the previous attribute, this value is notably below the attribute average of $122,938,540,059.78.
In terms of Goods exports, Andorra's value is $169,400,776.66, placing the country at rank 155 out of 171 countries. This value falls notably below the attribute average of $93,310,581,697.39.
Summary
Andorra's exports of goods, services, and primary income, as well as goods and services individually, are all below the global average values and rank relatively low compared to other countries. These indicators suggest that Andorra's economy may be heavily reliant on domestic consumption or facing challenges in international trade competitiveness. Addressing these export weaknesses is crucial for Andorra's economic growth and sustainability in the global market.
Merchandise Exports
Andorra's Agricultural raw materials exports account for only 0.85% of its merchandise exports, significantly below the average of 2.97%. Andorra ranks 90 out of 151 countries in this category.
Food exports make up 1.00% of Andorra's merchandise exports, much lower than the average of 24.06%. Andorra is placed at the 144th position out of 152 countries for this attribute.
Andorra's Fuel exports constitute a mere 0.03% of its merchandise exports, far less than the average of 13.70%. In this category, Andorra holds the 135th rank among 147 countries.
With Ores and metals exports at 1.97% of its merchandise exports, Andorra surpasses the average of 9.10%. The country stands at the 100th position out of 152 nations considered for this attribute.
Summary
Andorra has a limited reliance on agricultural raw materials, food, and fuel exports compared to the global average, but performs better in ores and metals exports. These indicators suggest that Andorra's economy is less dependent on traditional export sectors and has potential for diversification and growth in the ores and metals sector.
Technology Exports
Andorra's Manufactures exports account for 94.44% of its merchandise exports, ranking 2nd out of 152 countries. This is significantly above the average of 42.62%.
Andorra's High-technology exports amount to $36,290,169, well below the average of $16,655,934,078.80. This places Andorra at a rank of 95 out of 151 countries.
Andorra's High-technology exports contribute to 23.04% of its manufactured exports, placing it at the 18th position out of 150 countries. This is notably above the average of 10.15%
Summary
Andorra stands out in the global market with its focus on manufacturing exports, accounting for 94.44% of its merchandise exports and ranking 2nd among 152 countries. Although its high-technology exports are below the average at $36,290,169, they still contribute significantly to its manufacturing sector, with a share of 23.04% and a ranking of 18th out of 150 countries.
These findings are crucial as they showcase Andorra's specialization in manufacturing, highlighting its competitive edge and potential for further growth in high-technology exports. By leveraging its strong manufacturing base and enhancing its high-technology sector, Andorra can diversify its export portfolio, increase economic resilience, and stimulate innovation and productivity in the long run.
Service Exports
Service exports in Andorra amount to $1,672,440,919.24, significantly below the average of $28,917,292,503.82, ranking 94th out of 171 countries.
ICT service exports in Andorra are $86,293,356.80, well below the average of $4,578,501,153.77, placing Andorra 98th out of 166 countries.
ICT service exports as a percentage of total service exports in Andorra stand at 5.16%, lower than the average of 11.75%, ranking Andorra 112th out of 166 countries.
Communications, computer, etc. services as a percentage of service exports in Andorra represent 13.50%, far below the average of 45.85%, placing Andorra 154th out of 169 countries.
Transport services as a percentage of Andorra's service exports are 1.46%, significantly lower than the average of 21.80%, ranking 158th out of 169 countries.
Travel services constitute 80.44% of Andorra's service exports, well above the average of 26.40%, positioning Andorra 4th out of 167 countries.
Insurance and financial services as a percentage of service exports in Andorra stand at 4.60%, below the average of 6.46%, ranking 67th out of 161 countries.
Summary
Andorra's service exports are significantly below global averages across various categories such as ICT, transport, and communications services. However, the country excels in travel services, where it ranks 4th globally. These findings are crucial as they indicate Andorra's heavy reliance on the tourism sector for export revenue, potentially leaving the economy vulnerable to fluctuations in the tourism industry and highlighting the need for diversification to bolster resilience against external shocks.
Commercial Service Exports
Andorra's commercial service exports amount to $1,671,518,632.43, ranking 92 out of 171 countries. This value is significantly below the average commercial service exports of $28,508,218,402.80. Andorra's travel services represent 80.49% of its commercial service exports, which is well above the average of 27.89%. Andorra is ranked 7th out of 167 countries for this metric. Computer, communications, and other services account for 13.45% of Andorra's commercial service exports, far below the average of 42.44%, placing Andorra at 148th out of 169 countries. Insurance and financial services make up 4.60% of Andorra's commercial service exports, lower than the average of 6.97%, with a rank of 70 out of 161 countries. Lastly, transport services contribute just 1.46% to Andorra's commercial service exports, significantly below the average of 23.37%, giving Andorra a rank of 159 out of 169 countries.
Summary
Andorra's commercial service exports are comparatively low, with a significant focus on travel services, well above the global average. However, the country lags behind in the export of computer, communications, and other services, insurance and financial services, as well as transport services compared to the global averages. These findings are crucial as they highlight Andorra's specialization in travel services, showcasing potential areas for diversification to enhance its economic resilience and competitiveness on the global stage.
Broad Import Attributes
Goods imports (BoP, current US$): Andorra's goods imports amount to $1.22 billion, which is significantly below the attribute average of $92.01 billion. Andorra is ranked 147th out of 171 countries in this statistic.
Imports of goods and services (BoP, current US$): Andorra's imports of goods and services total $1.73 billion, also notably lower than the attribute average of $120.32 billion. Andorra ranks 145th out of 170 countries in this category.
Imports of goods, services and primary income (BoP, current US$): Andorra's imports of goods, services, and primary income stand at $1.90 billion, falling below the attribute average of $144.51 billion. Andorra holds the 146th position out of 170 countries in this dataset.
Summary
Andorra's import numbers across different categories, such as goods imports, imports of goods and services, and imports of goods, services, and primary income, are all well below the attribute averages. These statistics indicate that Andorra has a relatively small import market compared to other countries, ranking quite low in these categories globally. This information is important for understanding Andorra's trade position, economic dependence on imports, and its level of integration with the global economy.
Merchandise Imports
Merchandise imports (current US$): Andorra's value of $1,495,000,000 is significantly below the average of $89,385,605,263. Andorra ranks 155 out of 190 countries for this attribute.
Manufactures imports (% of merchandise imports): Andorra's value of 73.70% is above the average of 66.76%. Andorra ranks 38 out of 152 countries for this attribute.
Agricultural raw materials imports (% of merchandise imports): Andorra's value of 0.37% is below the average of 1.27%. Andorra ranks 142 out of 152 countries for this attribute.
Food imports (% of merchandise imports): Andorra's value of 20.06% is above the average of 15.89%. Andorra ranks 38 out of 152 countries for this attribute.
Fuel imports (% of merchandise imports): Andorra's value of 5.16% is below the average of 11.38%. Andorra ranks 128 out of 152 countries for this attribute.
Ores and metals imports (% of merchandise imports): Andorra's value of 0.40% is below the average of 2.57%. Andorra ranks 146 out of 152 countries for this attribute.
Summary
Andorra's merchandise imports value is significantly below the global average, ranking 155 out of 190 countries. However, its focus on manufactured imports, which are above average, indicates a strategic economic direction. Despite having lower imports of agricultural raw materials, food, fuel, ores, and metals compared to the average, Andorra's specific emphasis on manufactured goods suggests a deliberate economic policy aimed at value-added industries and potentially higher-quality products.
Service Imports
For Service imports (BoP, current US$), Andorra's value is significantly lower than the average of $27,615,356,170.48, ranking 142nd out of 171 countries.
Communications, computer, etc. (% of service imports, BoP) in Andorra is above the average at 57.78%, placing it at the 44th position out of 169 countries.
Transport services (% of service imports, BoP) in Andorra are notably below the average at 10.54%, ranking 164th out of 169 countries in this category.
Andorra's Travel services (% of service imports, BoP) are significantly higher than the average at 25.87%, placing it at the 23rd position out of 169 countries.
Insurance and financial services (% of service imports, BoP) in Andorra fall below the average at 5.81%, ranking 93rd out of 169 countries in this sector.
Summary
Andorra's key macroeconomic indicators for service imports reveal a mixed performance. While the country ranks significantly below the average for total service imports, it excels in communications, computer, etc. (% of service imports), and travel services (% of service imports) sectors, surpassing the global average. However, Andorra lags behind in transport services and insurance/financial services sectors. These findings are crucial as they highlight Andorra's strengths and weaknesses in different service import categories, providing insights for policymakers to enhance areas of comparative advantage and address areas needing improvement to boost the country's economic growth and competitiveness.
Commercial Service Imports
1. Commercial service imports (current US$): Andorra's commercial service imports amount to $502,747,794.59. This is significantly below the average of $27,102,746,128.60, ranking Andorra 140th out of 171 countries included in the data.
2. Computer, communications and other services (% of commercial service imports): Andorra's allocation of 57.59% to these services is above the average of 41.71%, placing Andorra 43rd out of 169 countries in the dataset.
3. Insurance and financial services (% of commercial service imports): Andorra's 5.83% allocation to these services is below the average of 8.85%. This ranks Andorra 96th out of 169 countries.
4. Transport services (% of commercial service imports): Andorra's allocation to transport services is significantly below average at 10.59%, compared to the average of 34.71%. This places Andorra 164th out of 169 countries.
5. Travel services (% of commercial service imports): Andorra dedicates 25.99% to travel services, surpassing the average of 14.73%. This ranks Andorra 24th out of 169 countries included in the data.
Summary
Andorra's commercial service imports are relatively low compared to the global average, positioning the country at 140th out of 171 countries. However, the distribution of services within its imports reveals a unique pattern: a higher allocation to computer, communications, and other services, as well as travel services, but a lower allocation to insurance, financial, and transport services. This mix indicates Andorra's focus on technology-driven and tourism-related services over traditional financial and transportation sectors, showcasing a strategic economic orientation towards high-tech and leisure industries.
Information Technology Infrastructure
1. Secure Internet servers: Andorra has 751 servers, which is significantly below the average of 458,294. The country ranks 122 out of 193 countries in this attribute data.
2. Secure Internet servers (per 1 million people): Andorra has 9,665 servers per 1 million people, below the average of 14,067. The country ranks 48 out of 193 countries in this attribute data.
3. Individuals using the Internet (% of population): Andorra has 93.21% of its population using the internet, which is above the average of 64.77%. The country ranks 19 out of 180 countries in this attribute data.
4. Fixed broadband subscriptions: Andorra has 37,650 subscriptions, far below the average of 6,591,956. The country ranks 136 out of 185 countries in this attribute data.
5. Mobile cellular subscriptions: Andorra has 80,380 subscriptions, significantly lower than the average of 42,526,464. The country ranks 180 out of 193 countries in this attribute data.
Summary
Andorra performs below the global average in key macroeconomic indicators related to internet infrastructure and connectivity. The country has a lower number of secure internet servers, fixed broadband subscriptions, and mobile cellular subscriptions, ranking comparatively lower in these categories. However, Andorra excels in the percentage of its population using the internet, ranking higher than the global average. These statistics are crucial as they reflect the level of technological advancement, digital inclusion, and connectivity within Andorra's economy, influencing its competitiveness on a global scale.
Energy Consumption
1. Andorra's renewable energy consumption is 21.86% of its total final energy consumption. This is below the attribute average of 32.18%. Andorra ranks 102 out of 191 countries in this data set.
2. Andorra's CO2 emissions amount to 448.88 kt. This is significantly below the attribute average of 171895.94 kt. Andorra holds the 169th rank out of 188 countries for CO2 emissions.
Summary
Andorra's renewable energy consumption at 21.86% of total final energy consumption is below the global average of 32.18%. Additionally, Andorra's CO2 emissions of 448.88 kt are significantly lower than the average of 171895.94 kt. These indicators show Andorra's commitment to sustainability and environmental conservation, positioning it as a leading example in managing its energy resources efficiently and reducing carbon footprint. By prioritizing renewable energy and maintaining low CO2 emissions, Andorra is demonstrating responsible stewardship of its environmental impact and contributing positively to global efforts in combating climate change.
Government Balance Sheet
Andorra's Reserves and related items (BoP, current US$) stand at $50,285,398.89. This is significantly below the attribute average of $1,924,407,186.58. Andorra ranks 81 out of 171 countries for this statistic.
Summary
Andorra's reserves and related items amount to $50,285,398.89, which is notably lower than the global average of $1,924,407,186.58. In the ranking of 171 countries, Andorra holds the 81st position for this crucial indicator. This low level of reserves may indicate a vulnerability to external economic shocks and limited capacity for large-scale investments or interventions in case of financial instability.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Population ages 15-64 (% of total population) | 8/194 |
| Services, value added (% of GDP) | 5/183 |
| Trade in services (% of GDP) | 9/171 |
| Current account balance (% of GDP) | 7/170 |
| Manufactures exports (% of merchandise exports) | 2/152 |
| Travel services (% of service exports, BoP) | 4/167 |
| Travel services (% of commercial service exports) | 7/167 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Population, total | 184/194 |
| Population ages 0-14 (% of total population) | 188/194 |
| Population ages 0-14, total | 188/194 |
| Population ages 15-64, total | 184/194 |
| Population ages 65 and above, total | 179/194 |
| Rural population | 185/190 |
| Rural population (% of total population) | 172/190 |
| Urban population | 175/194 |
| Age dependency ratio (% of working-age population) | 187/194 |
| Forest area (sq. km) | 173/191 |
| Land area (sq. km) | 178/194 |
| Surface area (sq. km) | 178/194 |
| Arable land (hectares) | 186/190 |
| Renewable internal freshwater resources, total (billion cubic meters) | 164/178 |
| Patent applications, residents | 111/117 |
| Scientific and technical journal articles | 177/192 |
| Charges for the use of intellectual property, payments (BoP, current US$) | 130/143 |
| Agriculture, forestry, and fishing, value added (% of GDP) | 175/182 |
| Agriculture, forestry, and fishing, value added (current US$) | 179/182 |
| Goods exports (BoP, current US$) | 155/171 |
| Food exports (% of merchandise exports) | 144/152 |
| Fuel exports (% of merchandise exports) | 135/147 |
| Communications, computer, etc. (% of service exports, BoP) | 154/169 |
| Transport services (% of service exports, BoP) | 158/169 |
| Transport services (% of commercial service exports) | 159/169 |
| Agricultural raw materials imports (% of merchandise imports) | 142/152 |
| Ores and metals imports (% of merchandise imports) | 146/152 |
| Transport services (% of service imports, BoP) | 164/169 |
| Transport services (% of commercial service imports) | 164/169 |
| Mobile cellular subscriptions | 180/193 |