The Government of Andorra notes the improvement of economic indexes of the Principality in 2014

statistica-andorraThe Government of Andorra notes the improvement of economic indexes of Andorra (Pyrenees) in 2014.

The forecast for 2015 demonstrates further stabilization of economic domains. In particular, in accordance to the official data of the Government, this year a positive dynamics in the sphere of construction business, that previously demonstrated a headlong fall, was fixed for the first time since the beginning of the global economic crisis.

Alongside with that, in accordance to the poll, 21% of the companies, registered in Andorra, still consider the business-situation of the Principality to be negative  (51% of the interrogated companies kept to the same opinion in 2013).

Trading sector remains the most vulnerable domain: the level of customer demand still hasn’t attained before-the-crisis index. The diminishing of sales volumes mostly touched upon such goods as electronics, clothes, shoes and accessories. The level of automobile sales also remain low.

Among the high-priority measures the Government intends to determine the sequence of activities aimed at the improvement of the situation in the sphere of trade. One of the major tools is favoring the compatibility in the business sector as well as a tough opposition to unfair competition.

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