Bank concentration in Andorra
Andorra: Bank concentration was 92.3% in 2020. ▲ Rising
Bank concentration in Andorra, 2000–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Andorra recorded 92.3% for bank concentration in 2020.
The figure is up 1.2% on the previous year and down 7.7% over ten years.
Over the whole period, bank concentration in Andorra peaked at 100.0% in 2005 and was at its lowest, 78.0%, in 2000.
That places Andorra 35th out of 170 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Bank concentration in Andorra, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 78.0% | — |
| 2001 | 87.7% | +12.4% |
| 2002 | 87.3% | -0.4% |
| 2003 | 86.0% | -1.5% |
| 2004 | 84.1% | -2.2% |
| 2005 | 100.0% | +18.9% |
| 2006 | 100.0% | +0.0% |
| 2009 | 100.0% | +0.0% |
| 2010 | 100.0% | +0.0% |
| 2011 | 100.0% | +0.0% |
| 2012 | 100.0% | +0.0% |
| 2013 | 100.0% | +0.0% |
| 2014 | 100.0% | +0.0% |
| 2015 | 93.7% | -6.3% |
| 2016 | 84.1% | -10.2% |
| 2017 | 92.0% | +9.5% |
| 2018 | 92.0% | -0.1% |
| 2019 | 91.2% | -0.9% |
| 2020 | 92.3% | +1.2% |
Andorra compared with similar countries
- Andorra's 92.3% is above the median for high income countries, which is 73.1%, 1.3× the median. (63 countries reporting)
- Andorra's 92.3% is above the median for Europe & Central Asia, which is 68.9%, 1.3× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 90.4% | 78.0% | 100.0% | 8 |
| 2010s | 95.3% | 84.1% | 100.0% | 10 |
| 2020s | 92.3% | 92.3% | 92.3% | 1 |
Countries ranked near Andorra
More financial sector data for Andorra
- Reserve position in the IMF, US dollar, per unit of GDP 0.0063 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 340.74 units per person (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 248.81 units per person (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0063 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 340.74 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve tranche position, SDR, per capita 248.81 units per person (2025)
- Net migration, annual growth rate -14.68 % change on previous year (2025)
- Net migration 843 (2025)
Frequently asked questions
- What is bank concentration in Andorra?
- Bank concentration in Andorra was 92.3% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Andorra?
- The highest recorded value was 100.0% in 2005.
- What is the lowest bank concentration recorded in Andorra?
- The lowest recorded value was 78.0% in 2000.
- How does Andorra rank for bank concentration?
- Andorra ranks 35th out of 170 countries with data for 2020.
- Is bank concentration rising or falling in Andorra?
- Over the last ten years it is down 7.7%. The long-run trend across the full record is rising.
- Where does this Andorra data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.