Country Fast Facts: Andorra

For 715 years, from 1278 to 1993, Andorrans lived under a unique co-principality, ruled by French and Spanish leaders (from 1607 onward, the French chief of state and the Spanish bishop of Urgel).

In 1993, this feudal system was modified with the titular heads of state retained, but the government transformed into a parliamentary democracy.

Long isolated and impoverished, mountainous Andorra achieved considerable prosperity since World War II through its tourist industry.

Many immigrants (legal and illegal) are attracted to the thriving economy with its lack of income taxes.

Source: CIA World Fact Book

Population:
71,822 (July 2007 est.)

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Age structure:
0-14 years: 14.5% (male 5,433/female 4,984)
15-64 years: 71.2% (male 26,775/female 24,354)
65 years and over: 14.3% (male 5,074/female 5,202) (2007 est.)

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Median age:
total: 41.5 years
male: 41.8 years
female: 41.3 years (2007 est.)

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Population growth rate:
0.842% (2007 est.)

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Birth rate:
8.45 births/1,000 population (2007 est.)

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Death rate:
6.45 deaths/1,000 population (2007 est.)

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Net migration rate:
6.42 migrant(s)/1,000 population (2007 est.)

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Sex ratio:
at birth: 1.07 male(s)/female
under 15 years: 1.09 male(s)/female
15-64 years: 1.099 male(s)/female
65 years and over: 0.975 male(s)/female
total population: 1.079 male(s)/female (2007 est.)

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Infant mortality rate:
total: 4.03 deaths/1,000 live births
male: 4.37 deaths/1,000 live births
female: 3.68 deaths/1,000 live births (2007 est.)

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Life expectancy at birth:
total population: 83.52 years
male: 80.62 years
female: 86.62 years (2007 est.)

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Total fertility rate:
1.31 children born/woman (2007 est.)

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HIV/AIDS - adult prevalence rate:
NA

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HIV/AIDS - people living with HIV/AIDS:
NA

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HIV/AIDS - deaths:
NA

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Nationality:
noun: Andorran(s)
adjective: Andorran

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Ethnic groups:
Spanish 43%, Andorran 33%, Portuguese 11%, French 7%, other 6% (1998)

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Religions:
Roman Catholic (predominant)

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Languages:
Catalan (official), French, Castilian, Portuguese

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Literacy:
definition: NA
total population: 100%
male: 100%
female: 100%

Tourism, the mainstay of Andorra's tiny, well-to-do economy, accounts for more than 80% of GDP. An estimated 11.6 million tourists visit annually, attracted by Andorra's duty-free status and by its summer and winter resorts. Andorra's comparative advantage has recently eroded as the economies of neighboring France and Spain have been opened up, providing broader availability of goods and lower tariffs. The banking sector, with its partial "tax haven" status, also contributes substantially to the economy. Agricultural production is limited - only 2% of the land is arable - and most food has to be imported. The principal livestock activity is sheep raising. Manufacturing output consists mainly of cigarettes, cigars, and furniture. Andorra is a member of the EU Customs Union and is treated as an EU member for trade in manufactured goods (no tariffs) and as a non-EU member for agricultural products.

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GDP (purchasing power parity):
$2.77 billion (2005)

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GDP (official exchange rate):
NA

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GDP - real growth rate:
3.5% (2005 est.)

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GDP - per capita (PPP):
$38,800 (2005)

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GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%
Labor force:
42,420 (2005)

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Labor force - by occupation:
agriculture: 0.3%
industry: 20.3%
services: 79.4% (2005)

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Unemployment rate:
0% (1996 est.)

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Population below poverty line:
NA%

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Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

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Inflation rate (consumer prices):
3.2% (2005)

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Budget:
revenues: $333.5 million
expenditures: $386.6 million; including capital expenditures of $NA (2005)

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Agriculture - products:
small quantities of rye, wheat, barley, oats, vegetables; sheep

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Industries:
tourism (particularly skiing), cattle raising, timber, banking, tobacco, furniture

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Industrial production growth rate:
NA%

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Electricity - production:
NA kWh

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Electricity - consumption:
NA kWh

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Electricity - exports:
NA kWh

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Electricity - imports:
NA kWh; note - most electricity supplied by Spain and France; Andorra generates a small amount of hydropower

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Exports:
$148.7 million f.o.b. (2005)

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Exports - commodities:
tobacco products, furniture

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Exports - partners:
Spain 59.5%, France 17.0% (2006)

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Imports:
$1.879 billion (2005)

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Imports - commodities:
consumer goods, food, electricity

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Imports - partners:
Spain 53.2%, France 21.1% (2006)

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Debt - external:
$NA

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Economic aid - recipient:
$0

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Currency (code):
euro (EUR)

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Exchange rates:
euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002)

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Fiscal year:
calendar year