Names: conventional long form: Principality of Andorra conventional short form: Andorra local long form: Principat d'Andorra local short form: Andorra
Capital City: Andorra la Vella
Population: 71,201 (July 2006 est.)
GDP Per Capita: $24,000 (2004)
Currency: euro (EUR)
Languages: Catalan (official), French, Castilian, Portuguese
Total Area: total: 468 sq km land: 468 sq km water: 0 sq km 2.5 times the size of Washington, DC
Region: Europe
Industries: tourism (particularly skiing), cattle raising, timber, banking, tobacco, furniture
Agriculture: small quantities of rye, wheat, barley, oats, vegetables; sheep
Resources: hydropower, mineral water, timber, iron ore, lead
Labor Force:
48,740 (2004)
agriculture: 0.3% industry: 19.6% services: 80% (2004)
Exports:
$145 million f.o.b. (2004)
tobacco products, furniture
Imports:
$1.077 billion (1998)
consumer goods, food, electricity
Overview:
Tourism, the mainstay of Andorra's tiny, well-to-do economy, accounts for more than 80% of GDP. An estimated 11.6 million tourists visit annually, attracted by Andorra's duty-free status and by its summer and winter resorts. Andorra's comparative advantage has recently eroded as the economies of neighboring France and Spain have been opened up, providing broader availability of goods and lower tariffs. The banking sector, with its partial "tax haven" status, also contributes substantially to the economy. Agricultural production is limited - only 2% of the land is arable - and most food has to be imported. The principal livestock activity is sheep raising. Manufacturing output consists mainly of cigarettes, cigars, and furniture. Andorra is a member of the EU Customs Union and is treated as an EU member for trade in manufactured goods (no tariffs) and as a non-EU member for agricultural products.
In 2007 Missouri had no exports to Andorra.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 000 - Total All Industries MO | 27,405 | 33,693 | 12,000 | 30,319 | NA | NA | |
| 000 - Total All Industries US | 11,006,634 | 8,190,542 | 11,625,376 | 10,549,473 | 8,945,053 | 14,300,155 | |