Andorra GDP PPP

Andorra GDP PPP

Andorra’s PPP GDP was about $5.7 billion in 2023. Tourism, particularly skiing and retail, and banking drive the economy, with a GDP per capita (PPP) of roughly $68,000, among the highest globally. Low taxes and duty-free status attract visitors, but limited diversification and reliance on European markets create risks. Fiscal discipline ensures stability, though global economic shifts could impact tourism revenue, necessitating cautious economic planning.