In accordance to the Department of Statistics of Andorra (Pyrenees), GDP of Andorra made up 2,507.9 mln euro in 2012.
This index has declined by 0,6 % in comparison to 2011 (in 2011 GDP made up 2,521.9 mln euro).
The decline of GDP was mostly entailed by the decline in such spheres as “building” (-14.9 %), “manufacturing”, “services and catering” (-4.94%) and “transport” (-4.32%).
The growth of indexes was observed only in the sector of “agriculture, forestry and fishery” (+9.47%), “industry” (+4.97 %) and “financial and insurance activity” (+4.95 %).
The decrease of GDP in neighboring Spain made up 1.37% in 2012. The GDP index of France remained at the same level.
See also Andorra business guide
See also Andorra company formation
See also Taxes in Europe