12, Feb 2012, CET. Welcome to the Andorra economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Andorra › Change country
National or Regional Currency: Euro, EUR
Year of data: 2010 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 84,825 (July 2011 est.)
Area: total: 468 sq km land: 468 sq km water: 0 sq km
Natural Resources: hydropower, mineral water, timber, iron ore, lead
Capital: name: Andorra la Vella geographic coordinates: 42 30 N, 1 31 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

Andorra is a member of the European Union (EU). Tourism is its main economic component; the country is an attractive destination for shoppers from France and Spain because of low taxes and trades actively in consumer goods. Less than 2% of the land is arable therefore most of Andorra’s food is imported. Sheep herding has been the principal agricultural activity, but tobacco growing for manufacturing cigars and cigarettes for domestic and export markets is also lucrative.
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