Skip to content

Economy of Andorra vs Bosnia and Herzegovina compared: GDP & Debt

Updated on by Georank team

Andorra has a GDP of $4.04B compared to $29.6B for Bosnia and Herzegovina, ranking 166/197 and 111/197 by economy size, respectively.

Andorra vs Bosnia and Herzegovina GDP by year

Andorra
Bosnia and Herzegovina
1x
Year GDP, current $
Andorra Bosnia
2024 $4,039,842,405 $29,613,572,023
2023 $3,785,065,525 $27,592,361,498
2022 $3,380,611,695 $24,534,663,636
2021 $3,324,648,076 $23,672,712,121
2020 $2,891,002,460 $20,226,038,370
2019 $3,155,150,256 $20,482,608,984
2018 $3,218,418,632 $20,484,058,033
2017 $3,000,160,415 $18,326,373,136
2016 $2,896,611,879 $17,116,926,554
2015 $2,789,882,569 $16,404,348,361
2014 $3,271,686,452 $18,558,734,107
2013 $3,193,513,470 $18,179,109,209
2012 $3,188,653,259 $17,226,735,996
2011 $3,629,133,063 $18,644,233,537
2010 $3,449,925,694 $17,176,315,804
2009 $3,688,974,807 $17,613,949,091
2008 $4,102,317,468 $19,112,796,623
2007 $3,957,627,537 $15,778,734,264
2006 $3,459,336,818 $12,864,841,906
2005 $3,161,084,847 $11,222,796,337
2004 $2,900,244,054 $10,156,541,221
2003 $2,366,941,614 $8,498,894,359
2002 $1,764,279,818 $6,728,220,983
2001 $1,548,265,927 $5,800,615,375
2000 $1,432,606,296 $5,567,772,769
1999 $1,240,295,199 $4,686,256,363
1998 $1,211,953,994 $4,116,774,301
1997 $1,180,645,572 $3,671,909,673
1996 $1,224,024,139 $2,786,045,322
1995 $1,178,745,283 $1,866,572,954
1994 $1,017,544,069 $1,255,802,469
1993 $1,007,090,270 $3,630,668,950
1992 $1,209,992,020 $4,735,044,707
1991 $1,106,891,362 $6,122,959,184
1990 $1,028,989,692 $7,753,478,261
1989 $795,489,582 -
1988 $721,425,939 -
1987 $611,299,925 -
1986 $481,996,013 -
1985 $346,742,715 -
1984 $330,073,081 -
1983 $327,850,043 -
1982 $375,914,744 -
1981 $388,983,266 -
1980 $446,377,777 -
1979 $411,548,748 -
1978 $308,020,261 -
1977 $253,997,897 -
1976 $227,283,851 -
1975 $220,112,572 -
1974 $186,557,082 -
1973 $150,841,639 -
1972 $113,414,397 -
1971 $89,406,608 -
1970 $78,617,711 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/andorra/bosnia-and-herzegovina | CC BY

GDP per capita in Andorra vs Bosnia and Herzegovina by year

Andorra
GDP per capita

GDP per capita, PPP
Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
1x
Year Current $
Andorra Bosnia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $49,304 $74,939 $9,359 $25,043
2023 $46,812 $71,731 $8,663 $23,376
2022 $42,414 $68,470 $7,656 $21,651
2021 $42,426 $59,332 $7,295 $18,287
2020 $37,361 $52,096 $6,130 $16,370
2019 $41,258 $57,475 $6,122 $16,429
2018 $42,820 $55,245 $6,048 $14,859
2017 $40,673 $53,085 $5,345 $13,627
2016 $40,130 $53,110 $4,929 $12,899
2015 $38,655 $50,733 $4,662 $11,845
2014 $44,370 $48,506 $5,206 $11,168
2013 $42,470 $45,609 $5,035 $10,808
2012 $41,501 $45,503 $4,694 $10,121
2011 $46,657 $46,436 $4,983 $9,761
2010 $42,747 $43,853 $4,506 $9,086
2009 $43,975 $42,523 $4,540 $8,698
2008 $49,132 $44,839 $4,842 $8,587
2007 $48,336 $47,501 $3,931 $7,686
2006 $43,467 $46,853 $3,166 $6,869
2005 $40,830 $44,578 $2,740 $5,956
2004 $39,021 $42,717 $2,453 $5,407
2003 $34,064 $41,148 $2,034 $4,917
2002 $26,528 $38,787 $1,607 $4,665
2001 $23,511 $36,895 $1,388 $4,307
2000 $21,810 $33,458 $1,338 $4,148
1999 $18,875 $31,590 $1,135 $3,875
1998 $18,537 $30,073 $1,007 $3,524
1997 $18,248 $29,122 $914 $3,041
1996 $19,130 $26,542 $719 $2,269
1995 $18,443 $24,934 $502 $1,507
1994 $15,749 $23,509 $337 $1,269
1993 $15,917 $22,958 $930 $1,067
1992 $20,100 $23,817 $1,118 $982
1991 $19,533 $24,510 $1,373 $975
1990 $19,564 $24,909 $1,743 $1,043
1989 $15,715 - - -
1988 $14,599 - - -
1987 $12,828 - - -
1986 $10,539 - - -
1985 $7,912 - - -
1984 $7,808 - - -
1983 $8,082 - - -
1982 $9,698 - - -
1981 $10,465 - - -
1980 $12,475 - - -
1979 $11,996 - - -
1978 $9,410 - - -
1977 $8,168 - - -
1976 $7,721 - - -
1975 $7,925 - - -
1974 $7,140 - - -
1973 $6,151 - - -
1972 $4,940 - - -
1971 $4,170 - - -
1970 $3,935 - - -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/andorra/bosnia-and-herzegovina | CC BY

Andorra's GDP per capita is $49,304, ranking 25/197, compared to $9,359 in Bosnia and Herzegovina, ranking 87/197. Adjusted for purchasing power (GDP per capita PPP), Andorra ranks 18th at $74,939, while Bosnia and Herzegovina ranks 83rd at $25,043.

Economic indicators

Andorra Bosnia
Gross domestic product
$4.04B
2024
$29.6B
2024
GDP rank
166/197
2024
111/197
2024
GDP growth
3.37%
2023-2024
2.97%
2023-2024
GDP per capita
$49,304
2024
$9,359
2024
GDP per capita rank
25/197
2024
87/197
2024
GDP per capita, PPP
$74,939
2024
$25,043
2024
GDP per capita PPP rank
18/197
2024
83/197
2024
Government debt n/a
$8.74B
2024
Debt-to-GDP ratio n/a
29.5%
2024
Government debt per person n/a
$2,763
2024
Government debt per person rank n/a
107/185
2024
Average annual personal income after taxes
$32,457
2026
$8,501
2026
Income share by richest 10% n/a
25.1%
2011
Income share by poorest 10% n/a
2.9%
2011
Government expenditure, % of GDP
35%
2025
43.3%
2024
Consumer prices inflation
-0.9%
2019-2020
1.7%
2023-2024
Unemployment rate
3.7%
2016
10.7%
2024
Population
84102
3116111

Inflation comparison by year

Inflation
Andorra

Bosnia and Herzegovina
1x
Year Consumer prices inflation
Andorra Bosnia
2024 - 1.7%
2023 - 6.1%
2022 - 14%
2021 - 2%
2020 -0.9% -1.1%
2019 -0.9% 0.6%
2018 -0.9% 1.4%
2017 - 0.8%
2016 - -1.6%
2015 -0.9% -1%
2014 - -0.9%
2013 - -0.1%
2012 1.1% 2.1%
2011 - 4%
2010 1.6% 2.1%
2009 - -0.4%
2008 2.3% 7.4%
2007 3.9% 1.5%
2006 - 6.1%
2005 3.2% 3.6%
2004 3.4% 0.3%
2003 - 0.5%
2002 - 0.3%
2001 - 3.2%
2000 4.3% 5%
1999 - 2.8%
1998 1.62% -0.3%
1997 - 5.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); Central Intelligence Agency (CIA) (1998–2020, retrieved 2026-02-20).

GeoRank.org/economy/andorra/bosnia-and-herzegovina | CC BY

Over the past 23 years, Andorra has recorded an average annual inflation rate of 1.49%, compared with 1.58% in Bosnia and Herzegovina. In 2020, inflation was -0.9% in Andorra and 1.7% in Bosnia and Herzegovina.

Top exports between countries

Andorra
Export category Export value
Bosnia
Export category Export value
Textiles & consumer goods $508K

Balance of trade

Andorra Bosnia
Current account balance
$649M
2024
-$1.03B
2024
Current account balance ranking
57/190
2024
123/190
2024
Current account balance, % of GDP
+16.1%
2024
-3.47%
2024
Goods imports
$1.95B
2024
$14.8B
2024
Goods exports
$255M
2024
$8.36B
2024
Service imports
$1.04B
2024
$1.27B
2024
Service exports
$3.38B
2024
$3.74B
2024
Imports of goods and services, % of GDP n/a
54.3%
2024
Exports of goods and services, % of GDP
15%
2025
40.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Andorra Bosnia
Economic freedom 72 63.1
Economic freedom ranking 28/197 83/197
Property rights n/a 46.9
Government integrity n/a 36.8
Judicial effectiveness n/a 36.1
Tax burden n/a 93.9
Government spending n/a 48.4
Fiscal health n/a 96.2
Business freedom n/a 65.1
Labor freedom n/a 62.7
Monetary freedom n/a 77.5
Trade freedom n/a 69
Investment freedom n/a 65
Financial freedom n/a 60

Other economic metrics

Andorra Bosnia
Services, % of GDP
77.6%
2024
56.6%
2024
Industry, % of GDP
12.8%
2024
22.4%
2024
Agriculture, forestry, and fishing, % of GDP
0.47%
2024
4.53%
2024
GNI, Atlas method
$3.9B
2024
$27.8B
2024
GNI per capita, PPP
$76,090
2024
$24,990
2024
Total reserves including gold n/a
$9.42B
2024
Total reserves ranking n/a
79/177
2024
Net foreign direct investment
-$150M
2024
-$885M
2024
Net inflows of foreign direct investment
$268M
2024
$1B
2024
Net outflows of foreign direct investment
$118M
2024
$119M
2024
Servicing debt to the IMF, % of GNI n/a
4.93%
2024
Poverty at national poverty lines
8%
2008
16.9%
2015
Gross capital formation, % of GDP n/a
27.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/andorra/bosnia-and-herzegovina | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20)
  4. Central Intelligence Agency (CIA) (1998–2020, retrieved 2026-02-20)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2022, retrieved 2026-02-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.