Current account balance — all countries

Current account balance — Andorra

Current account balance in Andorra in 2031 — 16.2%. Ranked 5 in the world out of 188. Since 2019, the indicator has fallen by 1.8 pp.

2031 16.2% +0 pp vs 2030
World rank 5of 188
Period maximum 18%2019
Period minimum 11.6%2022

Trend over time

2019–2031 · % of GDP

Current account balance — Andorra, 2019–2031101214161820192021202320252027202920312019: 18%2020: 15.5%2021: 15%2022: 11.6%2023: 14.2%2024: 15.9%2025: 15.9%2026: 16%2027: 16%2028: 16.1%2029: 16.2%2030: 16.2%2031: 16.2%
Change over the period: −1.8 pp Annual average: -0.15 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Andorra

Andorra 16.2%
World computed 0.28%
Europe & Central Asia computed 1.53%
Southern Europe computed 1.16%
High-income countries computed 0.13%
Current account balance — Andorra, by year Andorra All countries CSV XLSX
Year % Change, pp
2031 16.2 +0 pp
2030 16.2 +0 pp
2029 16.2 +0.1 pp
2028 16.1 +0.1 pp
2027 16 +0 pp
2026 16 +0.1 pp
2025 15.9 +0 pp
2024 15.9 +1.7 pp
2023 14.2 +2.6 pp
2022 11.6 −3.4 pp
2021 15 −0.5 pp
2020 15.5 −2.5 pp
2019 18

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.