Taxes on income, profits and capital gains in Andorra
Andorra: Taxes on income, profits and capital gains was 37.1% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Andorra, 2018–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
The most recent figure for taxes on income, profits and capital gains in Andorra is 37.1%, measured in 2024. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 61.7% over ten years.
That places Andorra 84th out of 153 countries with data for 2024, putting it in the middle of the range.
Taxes on income, profits and capital gains in Andorra, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 2018 | 22.9% | — |
| 2019 | 23.5% | +2.6% |
| 2020 | 24.5% | +3.9% |
| 2021 | 30.1% | +23.1% |
| 2022 | 24.4% | -18.8% |
| 2023 | 35.5% | +45.2% |
| 2024 | 37.1% | +4.4% |
Andorra compared with similar countries
- Andorra's 37.1% is below the median for high income countries, which is 43.9%, 84% of the median. (55 countries reporting)
- Andorra's 37.1% is below the median for Europe & Central Asia, which is 39.4%, 94% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.2% | 22.9% | 23.5% | 2 |
| 2020s | 30.3% | 24.4% | 37.1% | 5 |
Countries ranked near Andorra
More public sector data for Andorra
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in Andorra?
- Taxes on income, profits and capital gains in Andorra was 37.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Andorra?
- The highest recorded value was 37.1% in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Andorra?
- The lowest recorded value was 22.9% in 2018.
- How does Andorra rank for taxes on income, profits and capital gains?
- Andorra ranks 84th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Andorra?
- Over the last ten years it is up 61.7%. 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 Taxes on income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.