Goods balance (credit less debit), Net (credits less debits) in Andorra
Andorra: Goods balance (credit less debit), Net (credits less debits) was -1.70 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Andorra, 2019–2024
Source: International Monetary Fund.
Analysis
Andorra recorded -1.70 billion for goods balance (credit less debit), net (credits less debits) in 2024. That is the lowest value across all 6 years on record.
That represents a change of down 3.1% on the previous year and down 26.3% over ten years.
That places Andorra 120th out of 198 countries with data for 2024, putting it in the middle of the range.
Goods balance (credit less debit), Net (credits less debits) in Andorra, year by year
| Year | Value | Change |
|---|---|---|
| 2019 | -1.34 billion | — |
| 2020 | -1.05 billion | -21.6% |
| 2021 | -1.33 billion | +26.0% |
| 2022 | -1.59 billion | +19.5% |
| 2023 | -1.65 billion | +3.8% |
| 2024 | -1.70 billion | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -1.34 billion | -1.34 billion | -1.34 billion | 1 |
| 2020s | -1.46 billion | -1.70 billion | -1.05 billion | 5 |
Countries ranked near Andorra
- 117 Cayman Islands -1.49 billion compare
- 118 Niger -1.60 billion compare
- 119 Fiji -1.63 billion
- 121 Netherlands Antilles -1.85 billion
- 122 Hong Kong -1.98 billion compare
- 123 Malawi -2.00 billion compare
More financial sector data for Andorra
- Official exchange rate 0.8871 LCU per US$, period average (2025)
- Net migration 843 (2025)
- Net migration, annual growth rate -14.68 % change on previous year (2025)
- GDP deflator: linked series 127.73 base year varies by country (2025)
- Inflation, GDP deflator: linked series 2.6% (2025)
- GDP deflator: linked series (base year varies by country), annual 2.63 % change on previous year (2025)
- Reserve assets 468.46 million US dollar (2025)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Total assets, Adjusted using IMF accounting records 27.03 billion US dollar (2025)
- Use of IMF Credit and Loans, Percent of quota per annum 0 (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Andorra?
- Goods balance (credit less debit), net (credits less debits) in Andorra was -1.70 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Andorra?
- The highest recorded value was -1.05 billion in 2020.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Andorra?
- The lowest recorded value was -1.70 billion in 2024.
- How does Andorra rank for goods balance (credit less debit), net (credits less debits)?
- Andorra ranks 120th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Andorra?
- Over the last ten years it is down 26.3%. The long-run trend across the full record is falling.
- Where does this Andorra data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.