Andorra GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$4.04

Source: world bank Nominal/PPP
Summary:

Andorra GDP Per Capita expanded from 1970 to 2024, increasing from $0.08 to $4.04 .The compound annual growth rate (CAGR) averaged 7.53% over the period. The economy recorded its peak level in 2008 and its lowest level in 1970. Growth volatility remained high. The maximum drawdown reached 31.95%, indicating the largest cyclical decline from peak levels. The country experienced 7 recession episode(s) during the observed period.

Latest GDP Per Capita of Andorra 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 4.04 dollars$ 6.14 Int dollars
Growth (YoY)6.731%5.871%
Net Change vs Previous Year$ 0.25 dollars$ 0.34 Int dollars
% of World GDP Per Capita0.00%0.00%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Andorra GDP | Andorra GDP Growth

Andorra Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
19700.08-----
19710.090.0113.723 %---
19720.110.0226.852 %---
19730.150.0433 %---
19740.190.0423.677 %---
19750.220.0317.987 %---
19760.230.013.258 %---
19770.250.0311.754 %---
19780.310.0521.269 %---
19790.410.133.611 %---
19800.450.038.463 %---
19810.39-0.06-12.858 %---
19820.38-0.01-3.36 %---
19830.33-0.05-12.786 %---
19840.3300.678 %---
19850.350.025.05 %---
19860.480.1439.007 %---
19870.610.1326.827 %---
19880.720.1118.015 %---
19890.80.0710.266 %---
19901.030.2329.353 %1.31--
19911.110.087.571 %1.390.086.014 %
19921.210.19.314 %1.430.043.229 %
19931.01-0.2-16.769 %1.450.021.314 %
19941.020.011.038 %1.520.074.569 %
19951.180.1615.842 %1.590.074.912 %
19961.220.053.841 %1.70.16.566 %
19971.18-0.04-3.544 %1.880.1910.948 %
19981.210.032.652 %1.970.084.355 %
19991.240.032.338 %2.080.115.572 %
20001.430.1915.505 %2.20.125.873 %
20011.550.128.073 %2.430.2310.554 %
20021.760.2213.952 %2.580.156.171 %
20032.370.634.159 %2.860.2810.84 %
20042.90.5322.531 %3.170.3211.044 %
20053.160.268.994 %3.450.288.702 %
20063.460.39.435 %3.730.288.041 %
20073.960.514.404 %3.890.164.305 %
20084.10.143.656 %3.74-0.15-3.74 %
20093.69-0.41-10.076 %3.57-0.18-4.719 %
20103.45-0.24-6.48 %3.54-0.03-0.784 %
20113.630.185.195 %3.610.072.055 %
20123.19-0.44-12.137 %3.5-0.12-3.205 %
20133.1900.152 %3.43-0.07-1.906 %
20143.270.082.448 %3.580.154.29 %
20152.79-0.48-14.726 %3.660.082.375 %
20162.90.113.826 %3.830.174.695 %
201730.13.575 %3.920.082.143 %
20183.220.227.275 %4.150.246.042 %
20193.16-0.06-1.966 %4.40.245.853 %
20202.89-0.26-8.372 %4.03-0.36-8.285 %
20213.320.4315 %4.650.6215.339 %
20223.380.061.683 %5.460.8117.376 %
20233.790.411.964 %5.80.346.275 %
20244.040.256.731 %6.140.345.871 %

Andorra Economic Phases (1970 - 2024)

From 1970 to 2024, Andorra economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1971–1975) indicating robust economic expansion
  • High Growth (1977–1980) indicating robust economic expansion
  • High Growth (1985–1992) indicating robust economic expansion
  • Expansion (1998–1999) indicating steady moderate growth
  • High Growth (2000–2007) indicating robust economic expansion
  • Expansion (2013–2014) indicating steady moderate growth
  • Expansion (2016–2017) indicating steady moderate growth
  • Contraction (2019–2020) indicating temporary slowdown
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 1986 with an increase of 39.007%, while the largest decline was in 1993 at -16.769%.