Tax revenue in Andorra
Andorra: Tax revenue was 15.6% in 2024. ▲ Rising
Tax revenue in Andorra, 2018–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Andorra recorded 15.6% for tax revenue in 2024. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 10.4% on the previous year and up 8.9% over ten years.
That places Andorra 85th out of 157 countries with data for 2024, putting it in the middle of the range.
Tax revenue in Andorra, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2018 | 14.3% | — |
| 2019 | 13.9% | -2.6% |
| 2020 | 12.2% | -12.7% |
| 2021 | 12.9% | +5.6% |
| 2022 | 13.6% | +6.0% |
| 2023 | 14.1% | +3.5% |
| 2024 | 15.6% | +10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.1% | 13.9% | 14.3% | 2 |
| 2020s | 13.7% | 12.2% | 15.6% | 5 |
Countries ranked near Andorra
More public sector data for Andorra
- Taxes on income, profits and capital gains 19.4% (2024)
- Taxes on goods and services 22.8% (2024)
- Net investment in nonfinancial assets 1.7% (2024)
- Net lending (+) / net borrowing (-) 2.3% (2024)
- Interest payments 1.5% (2024)
- Grants and other revenue 13.2% (2024)
- Taxes on international trade 10.1% (2024)
- Revenue, General government, Percent of GDP 39.75 (2030)
- Tax revenue (current LCU), gaps filled 581.74 million current LCU (2024)
- Expenditure, General government, Percent of GDP 37.4 (2030)
Frequently asked questions
- What is tax revenue in Andorra?
- Tax revenue in Andorra was 15.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Andorra?
- The highest recorded value was 15.6% in 2024.
- What is the lowest tax revenue recorded in Andorra?
- The lowest recorded value was 12.2% in 2020.
- How does Andorra rank for tax revenue?
- Andorra ranks 85th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Andorra?
- Over the last ten years it is up 8.9%. The long-run trend across the full record is rising.
- Where does this Andorra data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.