Taxes on goods and services in Andorra
Andorra: Taxes on goods and services was 7.5% in 2024. ▬ Flat
Taxes on goods and services in Andorra, 2018–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
In 2024, taxes on goods and services in Andorra stood at 7.5%.
Compared with earlier readings it is up 3.9% on the previous year and down 5.3% over ten years.
Andorra ranks 105th of 154 countries on this measure, in the middle of the range.
Taxes on goods and services in Andorra, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 2018 | 7.9% | — |
| 2019 | 7.8% | -1.3% |
| 2020 | 6.8% | -13.2% |
| 2021 | 6.9% | +1.9% |
| 2022 | 7.6% | +10.2% |
| 2023 | 7.2% | -5.1% |
| 2024 | 7.5% | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.9% | 7.8% | 7.9% | 2 |
| 2020s | 7.2% | 6.8% | 7.6% | 5 |
Countries ranked near Andorra
- 102 Sudan 7.9%
- 103 Palau 7.8%
- 104 Eswatini 7.6%
- 106 Ecuador 7.4% compare
- 107 Marshall Islands 7.2%
- 108 Saint Kitts and Nevis 7.1%
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 in Andorra?
- Taxes on goods and services in Andorra was 7.5% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Andorra?
- The highest recorded value was 7.9% in 2018.
- What is the lowest taxes on goods and services recorded in Andorra?
- The lowest recorded value was 6.8% in 2020.
- How does Andorra rank for taxes on goods and services?
- Andorra ranks 105th out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in Andorra?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is flat.
- 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 Taxes on goods and services (% value added of industry and services). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.