Taxes on goods and services (current LCU), per unit of GDP in Andorra
Andorra: Taxes on goods and services (current LCU), per unit of GDP was 0.0627 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Andorra, 2018–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in Andorra is 0.0627 current LCU per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 3.4% on the previous year and up 5.2% over ten years.
Andorra ranks 142nd of 157 countries on this measure, in the bottom quarter.
Taxes on goods and services (current LCU), per unit of GDP in Andorra, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2018 | 0.0596 current LCU per US$ of GDP | — |
| 2019 | 0.0624 current LCU per US$ of GDP | +4.7% |
| 2020 | 0.0549 current LCU per US$ of GDP | -11.9% |
| 2021 | 0.0536 current LCU per US$ of GDP | -2.4% |
| 2022 | 0.0646 current LCU per US$ of GDP | +20.5% |
| 2023 | 0.0606 current LCU per US$ of GDP | -6.1% |
| 2024 | 0.0627 current LCU per US$ of GDP | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.061 current LCU per US$ of GDP | 0.0596 current LCU per US$ of GDP | 0.0624 current LCU per US$ of GDP | 2 |
| 2020s | 0.0593 current LCU per US$ of GDP | 0.0536 current LCU per US$ of GDP | 0.0646 current LCU per US$ of GDP | 5 |
Countries ranked near Andorra
- 139 Palau 0.0698 current LCU per US$ of GDP
- 140 Ecuador 0.0652 current LCU per US$ of GDP compare
- 141 Australia 0.0652 current LCU per US$ of GDP compare
- 143 Marshall Islands 0.0594 current LCU per US$ of GDP
- 144 Germany 0.0551 current LCU per US$ of GDP compare
- 145 Ireland 0.0544 current LCU per US$ of GDP 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), per unit of gdp in Andorra?
- Taxes on goods and services (current lcu), per unit of gdp in Andorra was 0.0627 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Andorra?
- The highest recorded value was 0.0646 current LCU per US$ of GDP in 2022.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Andorra?
- The lowest recorded value was 0.0536 current LCU per US$ of GDP in 2021.
- How does Andorra rank for taxes on goods and services (current lcu), per unit of gdp?
- Andorra ranks 142nd out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Andorra?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is rising.
- Where does this Andorra data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.