GDP (current LCU), annual growth rate in Andorra

Andorra: GDP (current LCU), annual growth rate was 6.62 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.62 % change on previous year
Change on year
down 26.8%
World rank
116th
of 211 countries
All-time high
33.28 % change on previous year
in 2000
All-time low
-10.19 % change on previous year
in 2020
Years of data
54
1971–2024

GDP (current LCU), annual growth rate in Andorra, 1971–2024

-100102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp (current lcu), annual growth rate in Andorra is 6.62 % change on previous year, measured in 2024.

The figure is down 26.8% on the previous year and up 173.8% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Andorra peaked at 33.28 % change on previous year in 2000 and was at its lowest, -10.19 % change on previous year, in 2020.

That places Andorra 116th out of 211 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU), annual growth rate in Andorra, year by year

Annual values for GDP (current LCU), annual growth rate in Andorra, 1971 to 2024.
Year % change on previous year Change
1971 12.86 % change on previous year
1972 17.36 % change on previous year +35.0%
1973 20.56 % change on previous year +18.4%
1974 22.46 % change on previous year +9.2%
1975 17.41 % change on previous year -22.5%
1976 20.34 % change on previous year +16.8%
1977 26.89 % change on previous year +32.2%
1978 22.4 % change on previous year -16.7%
1979 16.98 % change on previous year -24.2%
1980 15.86 % change on previous year -6.6%
1981 12.2 % change on previous year -23.1%
1982 15 % change on previous year +22.9%
1983 13.86 % change on previous year -7.6%
1984 12.84 % change on previous year -7.4%
1985 11.12 % change on previous year -13.4%
1986 14.49 % change on previous year +30.3%
1987 11.82 % change on previous year -18.4%
1988 11.33 % change on previous year -4.1%
1989 12.06 % change on previous year +6.4%
1990 11.38 % change on previous year -5.6%
1991 9.66 % change on previous year -15.2%
1992 7.7 % change on previous year -20.2%
1993 3.46 % change on previous year -55.1%
1994 6.36 % change on previous year +83.7%
1995 7.83 % change on previous year +23.1%
1996 5.48 % change on previous year -29.9%
1997 11.5 % change on previous year +109.7%
1998 4.74 % change on previous year -58.8%
1999 6.94 % change on previous year +46.4%
2000 33.28 % change on previous year +379.3%
2001 11.45 % change on previous year -65.6%
2002 7.93 % change on previous year -30.7%
2003 12.15 % change on previous year +53.1%
2004 11.43 % change on previous year -5.9%
2005 8.98 % change on previous year -21.4%
2006 8.43 % change on previous year -6.1%
2007 4.81 % change on previous year -42.9%
2008 -3.41 % change on previous year -170.9%
2009 -5.18 % change on previous year +51.8%
2010 -1.61 % change on previous year -68.9%
2011 0.1887 % change on previous year -111.7%
2012 -4.81 % change on previous year -2648.5%
2013 -3.12 % change on previous year -35.2%
2014 2.42 % change on previous year -177.6%
2015 2.1 % change on previous year -13.0%
2016 4.07 % change on previous year +93.4%
2017 1.49 % change on previous year -63.5%
2018 2.62 % change on previous year +76.1%
2019 3.42 % change on previous year +30.6%
2020 -10.19 % change on previous year -398.3%
2021 11.06 % change on previous year -208.5%
2022 14.21 % change on previous year +28.5%
2023 9.04 % change on previous year -36.4%
2024 6.62 % change on previous year -26.8%

Andorra compared with similar countries

  • Andorra's 6.62 % change on previous year is above the median for high income countries, which is 5.96 % change on previous year, 1.1× the median. (82 countries reporting)
  • Andorra's 6.62 % change on previous year is above the median for Europe & Central Asia, which is 6.26 % change on previous year, 1.1× the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU), annual growth rate in Andorra changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2012 -2648.5% 0.1887 % change on previous year -4.81 % change on previous year
2020 -398.3% 3.42 % change on previous year -10.19 % change on previous year
2000 +379.3% 6.94 % change on previous year 33.28 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.7 % change on previous year 12.86 % change on previous year 26.89 % change on previous year 9
1980s 13.06 % change on previous year 11.12 % change on previous year 15.86 % change on previous year 10
1990s 7.51 % change on previous year 3.46 % change on previous year 11.5 % change on previous year 10
2000s 8.99 % change on previous year -5.18 % change on previous year 33.28 % change on previous year 10
2010s 0.6772 % change on previous year -4.81 % change on previous year 4.07 % change on previous year 10
2020s 6.15 % change on previous year -10.19 % change on previous year 14.21 % change on previous year 5

Countries ranked near Andorra

  1. 113 Curacao 6.71 % change on previous year compare
  2. 114 Moldova 6.68 % change on previous year compare
  3. 115 Faroe Islands 6.66 % change on previous year compare
  4. 117 Poland 6.62 % change on previous year compare
  5. 118 Barbados 6.61 % change on previous year compare
  6. 119 Sint Maarten (Dutch part) 6.6 % change on previous year compare

See the full ranking of 211 places →

More population data for Andorra

All data for Andorra →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Andorra?
Gdp (current lcu), annual growth rate in Andorra was 6.62 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Andorra?
The highest recorded value was 33.28 % change on previous year in 2000.
What is the lowest gdp (current lcu), annual growth rate recorded in Andorra?
The lowest recorded value was -10.19 % change on previous year in 2020.
How does Andorra rank for gdp (current lcu), annual growth rate?
Andorra ranks 116th out of 211 countries with data for 2024.
Is gdp (current lcu), annual growth rate rising or falling in Andorra?
Over the last ten years it is up 173.8%. The long-run trend across the full record is volatile.
Where does this Andorra data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Andorra. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-annual-growth-rate-2/andorra/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.