Andorra in figures 2019 Index 1. ANDORRA AT A GLANCE 2 Main figures ............................................................................................................................................................ 3 General information ........................................................................................................................................... 4 2. ANDORRA, A EUROPEAN STATE 8 Territory and environment ............................................................................................................................ 9 History ...................................................................................................................................................................... 10 Political system and institutions ................................................................................................................ 12 lnternational relations ...................................................................................................................................... 15 Legal system .......................................................................................................................................................... 18 Foreign investment ............................................................................................................................................ 19 Actua (Invest in Andorra – Innovation Hub Andorra) ..................................................................... 23 Tax system .............................................................................................................................................................. 24 Social security ....................................................................................................................................................... 30 lmmigration ............................................................................................................................................................. 32 Education .................................................................................................................................................................. 35 Other useful information ................................................................................................................................ 36 3. ANDORRA, AN ADVANCED ECONOMY 38 Main features of the Andorran economy .............................................................................................. 39 Population ............................................................................................................................................................... 42 Edition: Labour market ....................................................................................................................................................... 45 © Govern d’Andorra Ministry of the Presidency, Economy and Business Consumer prices ................................................................................................................................................. 50 Department of Statistics Public sector .......................................................................................................................................................... 54 Chamber of Commerce, Industry and Services of Andorra (CCIS) Foreign sector ....................................................................................................................................................... 57 Actua (Invest in Andorra - Innovation Hub Andorra) Business structure .............................................................................................................................................. 60 Photographs supplied by: Agriculture and Livestock .............................................................................................................................. 64 Andorra Turisme lndustry .................................................................................................................................................................... 65 Government of Andorra Photography Service Construction ........................................................................................................................................................... 66 Caldea Services .................................................................................................................................................................... 67 Naturlandia Palau de Gel d’Andorra Tourism ..................................................................................................................................................................... 69 Commerce ................................................................................................................................................................ 73 Design and layout: Financial system ................................................................................................................................................. 74 AYMARA Transport and telecommunications ......................................................................................................... 76 Legal deposit: AND.93-2020 4. APPENDICES 78 ISBN: Abbreviations ......................................................................................................................................................... 79 978-99920-0-897-3 Useful addresses ................................................................................................................................................. 80 Useful websites .................................................................................................................................................... 82 Andorra 1. Andorra at a glance in figures 2019 Main figures 1 2015 2016 2017 2018 Estimated population 71,732 73,105 74,794 76,177 Andorra at GDP at current market prices (million €) 2,535.1 2,601.1 2,674.1 2,742.0 GDP at current market prices per capita (€) 35,342 35,580 35,753 35,996 a glance GDP as PPP per capita ($) 46,374 48,643 49,154 -- Sovereign credit rating, Standard & Poor’s BBB-/A-3 BBB-/A-3 BBB/A-2 BBB/A-2 Public deficit or surplus (% GDP) * 2.0% 4.4% 3.3% 2.7% Total Public Debt (million €)** 1,029.5 1,040.8 1,004.6 990.9 Total Public Debt (% GDP) 40.6% 40.0% 37.6% 36.1% Income statement - Government of Andorra (million €) 390.8 438.8 423.4 432.3 Income statement - aggregate Communes (million €) 132.5 139.5 146.6 156.9 Tax burden (% GDP) 23.4% 25.2% 24.5% 25.0% CPI -0.9% 0.4% 2.6% 0.7% Homes with Internet access (%)*** 83.4% 83.3% 85.4% 89.2% Employees 35,928 36,604 37,705 38,848 Monthly minimum wage 962.0 975.9 991.5 1,017.5 Monthly average wage 1,992.0 2,076.7 2,076.3 2,131.3 Total earnings (million €) 858.8 912.2 939.4 993.6 Activity rate (%) 82.9% 82.5% 80.6% 81.9% Imports of goods (million €) 1,168.5 1,226.1 1,307.5 1,368.6 Exports of goods (million €) 80.6 90.8 106.2 112.2 Electricity consumption (GWh) 551.4 558.1 553.5 559.7 Businesses 7,666 8,051 8,408 8,774 Establishments 7,929 8,347 8,837 9,170 Tourist accommodation 239 235 235 239 Number of beds in tourist accommodation 33,613 32,963 33,099 32,903 Visitors (millions) 7.9 8.0 8.2 8.3 * Difference between current and capital income and expenditure, not taking into account income and expenditure in financial assets and liabilities. ** Debt encompassing the Government, Communes, semi-public bodies, companies under public law and other official bodies. *** Up to 2017 the data are obtained from the HBS and from 2018 from the LCS. Source: Government of Andorra. Communes. CASS. FEDA. Andorra Telecom. 2 3 Andorra Andorra 1. Andorra at a glance in figures 1. Andorra at a glance in figures 2019 2019 Andorra and other small European states General information The population of Andorra is almost double that of other small European states such as Monaco, Liechtenstein or San Marino. Border coordinates Other data On the other hand, the Principality of Andorra has a relatively large surface area compared with North 42º 39’ 15’’ Currency Euro (EUR) the other small states of Europe. With an area of 468 km2 (only 1.5% of which is developed), Andorra’s (Basers de Font Blanca) population density is lower than the average for European small states (163/km2). Time difference UTC+1 South 42º 25’ 38’’ Year of Independence 1278 (Comagle – River Runer) Population (2018) National anthem El gran Carlemany West 1º 24’ 34’’ 700,000 (Aquell pass) Internet domain .ad 600,000 Luxembourg East 1º 47’ 19’’ Telephone prefix +376 500,000 Malta (River Palomera – River 400,000 Ariege) Citizenship Andorran Andorra 300,000 National Day 8 September Liechtenstein 200,000 Monaco 100,000 Borders San Marino Surface area 0 Spain 63,7 km 613,900 493,559 76,177 38,378 38,300 33,328 Total 468 km² France 56,6 km Highest point Comapedrosa peak Surface area (in km2) 2,942 m Luxembourg 2,586 Lowest point River Runer confluence Languages 840 m Andorra 468 Official Catalan Dense woodland 40.29% Malta 316 Other languages Spanish, French, Portuguese Open woodland 0.42% Liechtenstein 160 Scrubland 9.27% San Marino 61 Political system Meadows and grassland 25.00% Monaco 2 Cropland 1.71% Parliamentary 0 500 1,000 1,500 2,000 2,500 3,000 System of government co-principality Rocky areas 6.83% Population density (inhab./km2) Episcopal co-Prince Joan Enric Vives i Sicília Scree 12.93% 20,000 French co-Prince Emmanuel Macron Bare ground 0.84% 16,000 Monaco Head of Government Xavier Espot Zamora