Andorra
On this page you will find beneficial information regarding foreign direct investment in / trading with Andorra. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Democracy
Population: 79,824 people (2022)
GDP: 3.35 billion USD (2022)
Corporate Tax Rate: 10%
Personal Income Tax Rate: 10%
Major Exports: The top exports of Andorra are Paintings ($211M), Integrated Circuits ($45.7M), Cars ($26.9M), Orthopedic Appliances ($16.1M), and Gold ($6.45M), exporting mostly to Spain ($297M), France ($25.5M), United Kingdom ($13.5M), United States ($9.8M), and Germany ($7.25M).
Major Imports: The top imports of Andorra are Cars ($155M), Refined Petroleum ($135M), Electricity ($75.7M), Beauty Products ($42.5M), and Perfumes ($41.2M), importing mostly from Spain ($1.22B), France ($215M), Germany ($77.8M), China ($56M), and Italy ($54.2M).
Investment Agency: Andorra Business
Website: https://www.andorrabusiness.com/
National Chamber of Commerce: Chamber of Commerce, Industry and Services
Website: https://www.ccis.ad/
Customs Agency: Andorra Customs Department
