Taxes on goods and services (current LCU), annual growth rate in Andorra
Andorra: Taxes on goods and services (current LCU), annual growth rate was 10.44 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Andorra, 2019–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Andorra recorded 10.44 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2024.
That represents a change of up 105.3% on the previous year and up 294.1% over ten years.
That places Andorra 71st out of 156 countries with data for 2024, putting it in the middle of the range.
Taxes on goods and services (current LCU), annual growth rate in Andorra, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2019 | 2.65 % change on previous year | — |
| 2020 | -19.28 % change on previous year | -827.8% |
| 2021 | 12.22 % change on previous year | -163.4% |
| 2022 | 22.5 % change on previous year | +84.1% |
| 2023 | 5.08 % change on previous year | -77.4% |
| 2024 | 10.44 % change on previous year | +105.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.65 % change on previous year | 2.65 % change on previous year | 2.65 % change on previous year | 1 |
| 2020s | 6.19 % change on previous year | -19.28 % change on previous year | 22.5 % change on previous year | 5 |
Countries ranked near Andorra
- 68 Albania 10.97 % change on previous year compare
- 69 United Arab Emirates 10.95 % change on previous year compare
- 70 Bahamas 10.53 % change on previous year compare
- 72 Tonga 10.42 % change on previous year compare
- 73 Burkina Faso 10.41 % change on previous year compare
- 74 Saudi Arabia 10.03 % change on previous year compare
More public sector data for Andorra
- Tax revenue 15.6% (2024)
- 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)
Frequently asked questions
- What is taxes on goods and services (current lcu), annual growth rate in Andorra?
- Taxes on goods and services (current lcu), annual growth rate in Andorra was 10.44 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Andorra?
- The highest recorded value was 22.5 % change on previous year in 2022.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Andorra?
- The lowest recorded value was -19.28 % change on previous year in 2020.
- How does Andorra rank for taxes on goods and services (current lcu), annual growth rate?
- Andorra ranks 71st out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Andorra?
- Over the last ten years it is up 294.1%. The long-run trend across the full record is volatile.
- Where does this Andorra data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.