Real GDP Growth: Andorra

Analysis# Andorra Real GDP Growth Andorra's real GDP growth stands at 1.6% in 2026, reflecting a stabilization at modest levels after years of volatility. The current rate sits far below the nation's all-time peak of 9.6% in 2022, yet well above the devastating contraction of -11.2% recorded in 2020. Over the 29-year span since 2001, Andorra's cumulative growth trajectory has declined by 80.2%, indicating a fundamentally weaker long-term economic position despite recent recovery efforts. The 2020 pandemic collapse proved a critical turning point, followed by a dramatic rebound reaching 9.6% growth in 2022. Since that peak, however, growth has decelerated consistently, falling to 2.6% in 2023 and moderating further through 2024 and 2025. The projected 1.6% growth for 2026 suggests Andorra's economy is settling into a subdued expansion phase, with little indication of returning to pre-pandemic growth rates in the near term.