Andorra [+]Compare [E]dit [H]istory

Aliases: Principality of Andorra, Principat d'Andorra

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Object «Andorra» has attributes

Attribute Value
Geography
Area 468 km²
Continent Europe
Land area 468 km²
Water area 0 km²
Land boundaries 118 km
Border countries
  • France
  • Spain
Coastline 0 km
Mean elevation 1,996 m
Lowest point 840 m
Highest point 2,946 m
People
Population 77,000
Official languages
  • Catalan
Religion Roman Catholic
Government
Long country name Principality of Andorra
Short country name Andorra
Long local name Principat d'Andorra
Short local name Andorra
Former name Add
Government type Parliamentary democracy
Capital Andorra la Vella
Economy
GDP (PPP) 3,327,000,000 USD
GDP (OER) 2,712,000,000 USD
GDP (real growth rate) -1.1 %
GDP - per capita (PPP) 49,900 USD
Gross national saving Add
Labor force 39,750
Unemployment rate 3.7 %
Population below poverty line Add
Budget revenues 1,872,000,000 USD
Budget expenditures 2,060,000,000 USD
Military expenditures Add
Taxes and other revenues 69 % of GDP
Budget surplus or deficit -6.9 % of GDP
Public debt 41 % of GDP
Inflation rate -0.9 %
Central bank discount rate Add
Commercial bank prime lending rate Add
Stock of narrow money Add
Stock of broad money Add
Stock of domestic credit Add
Market value of publicly traded shares Add
Current account balance Add
Exports 78,710,000 USD
Imports 1,257,000,000 USD
Reserves of foreign exchange and gold Add
External debt 0 USD
National currency euros
National currency (code) EUR
National currency (symbol)
National currency rate to USD 0.885

The landlocked Principality of Andorra is one of the smallest states in Europe, nestled high in the Pyrenees between the French and Spanish borders. For 715 years, from 1278 to 1993, Andorrans lived under a unique coprincipality, ruled by French and Spanish leaders (from 1607 onward, the French chief of state and the Bishop of Urgell). In 1993, this feudal system was modified with the introduction of a modern constitution; the co-princes remained as titular heads of state, but the government transformed into a parliamentary democracy. Andorra has become a popular tourist destination visited by approximately 8 million people each year drawn by the winter sports, summer climate, and duty-free shopping. Andorra has also become a wealthy international commercial center because of its mature banking sector and low taxes. As part of its effort to modernize its economy, Andorra has opened to foreign investment, and engaged in other reforms, such as advancing tax initiatives aimed at supporting a broader infrastructure. Although not a member of the EU, Andorra enjoys a special relationship with the bloc that is governed by various customs and cooperation agreements and uses the euro as its national currency.

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There were 3 edits, no edits waiting approval. Last edited by ciara11(4637), Sep 14, 2019 (2 fields were changed)
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