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Economy of Andorra vs Dominica compared: GDP & Debt

Updated on by Georank

Andorra has a GDP of $4.5B compared to $724M for Dominica, ranking 166/197 and 190/197 by economy size, respectively.

Andorra vs Dominica GDP by year

Andorra
Dominica
1x
Year GDP, current $
Andorra Dominica
2025 $4,500,982,732 $723,859,259
2024 $4,044,249,679 $688,881,481
2023 $3,785,067,332 $659,311,111
2022 $3,380,612,573 $623,062,963
2021 $3,324,647,529 $562,911,111
2020 $2,891,001,149 $528,944,444
2019 $3,155,149,348 $644,259,259
2018 $3,218,419,897 $628,244,444
2017 $3,000,162,081 $563,355,556
2016 $2,896,610,480 $612,711,111
2015 $2,789,881,259 $583,177,778
2014 $3,271,685,597 $572,255,556
2013 $3,193,512,950 $545,325,926
2012 $3,188,652,765 $520,355,556
2011 $3,629,133,575 $532,081,481
2010 $3,449,925,739 $519,859,259
2009 $3,688,976,341 $515,618,519
2008 $4,102,319,399 $480,003,704
2007 $3,957,625,367 $444,685,185
2006 $3,459,337,987 $416,674,074
2005 $3,161,084,091 $391,455,556
2004 $2,900,245,324 $396,711,111
2003 $2,366,941,809 $373,318,519
2002 $1,764,279,824 $375,200,000
2001 $1,548,265,808 $377,462,963
2000 $1,432,606,189 $333,470,370
1999 $1,240,295,103 $331,759,259
1998 $1,211,953,994 $322,411,111
1997 $1,180,645,572 $302,988,889
1996 $1,224,024,139 $292,285,185
1995 $1,178,745,283 $274,522,222
1994 $1,017,544,069 $264,374,074
1993 $1,007,090,270 $245,525,926
1992 $1,209,992,020 $234,059,259
1991 $1,106,891,362 $219,762,963
1990 $1,028,989,692 $201,429,630
1989 $795,489,582 $185,137,243
1988 $721,425,939 $171,106,184
1987 $611,299,925 $151,868,754
1986 $481,996,013 $135,161,959
1985 $346,742,715 $119,491,933
1984 $330,073,081 $109,157,071
1983 $327,850,043 $98,665,191
1982 $375,914,744 $89,527,577
1981 $388,983,266 $82,107,391
1980 $446,377,777 $72,804,653
1979 $411,548,748 $55,017,759
1978 $308,020,261 $57,130,216
1977 $253,997,897 $45,872,947
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 (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/andorra/dominica | CC BY

GDP per capita in Andorra vs Dominica by year

Andorra
GDP per capita

GDP per capita, PPP
Dominica
GDP per capita

GDP per capita, PPP
1x
Year Current $
Andorra Dominica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $54,292 - $10,989 -
2024 $49,357 $74,939 $10,405 $21,301
2023 $46,812 $71,731 $9,913 $20,286
2022 $42,414 $68,470 $9,324 $18,802
2021 $42,426 $59,332 $8,376 $15,809
2020 $37,361 $52,096 $7,828 $14,244
2019 $41,258 $57,475 $9,491 $16,021
2018 $42,820 $55,245 $9,215 $15,070
2017 $40,673 $53,085 $8,225 $12,696
2016 $40,130 $53,110 $8,803 $12,945
2015 $38,655 $50,733 $8,283 $12,093
2014 $44,370 $48,506 $8,132 $12,083
2013 $42,470 $45,609 $7,822 $11,286
2012 $41,501 $45,503 $7,529 $10,921
2011 $46,657 $46,436 $7,705 $11,123
2010 $42,747 $43,853 $7,550 $10,924
2009 $43,975 $42,523 $7,487 $10,804
2008 $49,133 $44,839 $6,971 $10,862
2007 $48,336 $47,501 $6,459 $9,949
2006 $43,467 $46,853 $6,056 $9,200
2005 $40,830 $44,578 $5,695 $8,557
2004 $39,021 $42,717 $5,779 $8,232
2003 $34,064 $41,148 $5,447 $7,714
2002 $26,528 $38,787 $5,488 $7,167
2001 $23,511 $36,895 $5,528 $7,291
2000 $21,810 $33,458 $4,867 $7,111
1999 $18,875 $31,590 $4,817 $6,759
1998 $18,537 $30,073 $4,664 $6,617
1997 $18,248 $29,122 $4,372 $6,290
1996 $19,130 $26,542 $4,211 $6,041
1995 $18,443 $24,934 $3,952 $5,749
1994 $15,749 $23,509 $3,805 $5,465
1993 $15,917 $22,958 $3,536 $5,352
1992 $20,100 $23,817 $3,376 $5,125
1991 $19,533 $24,510 $3,171 $4,914
1990 $19,564 $24,909 $2,893 $4,667
1989 $15,715 - $2,639 -
1988 $14,599 - $2,423 -
1987 $12,828 - $2,138 -
1986 $10,539 - $1,893 -
1985 $7,912 - $1,666 -
1984 $7,808 - $1,515 -
1983 $8,082 - $1,363 -
1982 $9,698 - $1,232 -
1981 $10,465 - $1,125 -
1980 $12,475 - $996 -
1979 $11,996 - $754 -
1978 $9,410 - $786 -
1977 $8,168 - $634 -
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 (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/andorra/dominica | CC BY

Andorra's GDP per capita is $54,292, ranking 24/197, compared to $10,989 in Dominica, ranking 84/197. Adjusted for purchasing power (GDP per capita PPP), Andorra ranks 18th at $74,939, while Dominica ranks 91st at $21,301.

Economic indicators

Andorra Dominica
Gross domestic product
$4.5B
2025
$724M
2025
GDP rank
166/197
2025
190/197
2025
GDP growth
3.87%
2024-2025
3.05%
2024-2025
GDP per capita
$54,292
2025
$10,989
2025
GDP per capita rank
24/197
2025
84/197
2025
GDP per capita, PPP
$74,939
2024
$21,301
2024
GDP per capita PPP rank
18/197
2024
91/197
2024
Government debt n/a
$743M
2025
Debt-to-GDP ratio n/a
102.6%
2025
Government debt per person n/a
$11,275
2025
Government debt per person rank n/a
54/185
2025
Average annual personal income after taxes
$30,784
2026
$6,105
2026
Government expenditure, % of GDP
35%
2026
55.4%
2025
Consumer prices inflation
-0.9%
2019-2020
2.53%
2024-2025
Unemployment rate
3.7%
2016
11%
2001
Population
84217
65501

Inflation comparison by year

Inflation
Andorra

Dominica
1x
Year Consumer prices inflation
Andorra Dominica
2025 - 2.53%
2024 - 2.74%
2023 - 5.09%
2022 - 2.88%
2021 - 2.23%
2020 -0.9% 1.22%
2019 -0.9% 1.5%
2018 -0.9% 0.99%
2017 - 0.3%
2016 - 0.14%
2015 -0.9% -0.84%
2014 - 0.8%
2013 - -0.05%
2012 1.1% 1.36%
2011 - 1.13%
2010 1.6% 3%
2009 - 0.006%
2008 2.3% 6.36%
2007 3.9% 3.63%
2006 - 2.2%
2005 3.2% 1.68%
2004 3.4% 2.39%
2003 - 1.45%
2002 - 0.17%
2001 - 1.3%
2000 4.3% 0.86%
1999 - 1.18%
1998 1.62% 1%
1997 - 2.44%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (1998–2020, retrieved 2026-07-08).

GeoRank.org/economy/andorra/dominica | CC BY

Over the past 23 years, Andorra has recorded an average annual inflation rate of 1.49%, compared with 1.38% in Dominica. In 2020, inflation was -0.9% in Andorra and 2.53% in Dominica.

Balance of trade

Andorra Dominica
Current account balance
$649M
2024
-$275M
2025
Current account balance ranking
54/190
2024
94/190
2025
Current account balance, % of GDP
+16%
2024
-38%
2025
Goods imports
$1.95B
2024
$275M
2025
Goods exports
$255M
2024
$29.8M
2025
Service imports
$1.04B
2024
$208M
2025
Service exports
$3.38B
2024
$181M
2025
Exports of goods and services, % of GDP
15%
2026
8.5%
2026

Economic freedom indices

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

Andorra Dominica
Economic freedom 72 56.1
Economic freedom ranking 28/197 124/197
Property rights n/a 65.8
Government integrity n/a 61.2
Judicial effectiveness n/a 77.3
Tax burden n/a 76.1
Government spending n/a 0
Fiscal health n/a 45.6
Business freedom n/a 66.2
Labor freedom n/a 49.8
Monetary freedom n/a 77.7
Trade freedom n/a 53.2
Investment freedom n/a 60
Financial freedom n/a 40

Other economic metrics

Andorra Dominica
Services, % of GDP
77.8%
2025
57.2%
2025
Industry, % of GDP
12.8%
2025
14.1%
2025
Agriculture, forestry, and fishing, % of GDP
0.48%
2025
12.1%
2025
GNI, Atlas method
$4.41B
2025
$704M
2025
GNI per capita, PPP
$80,950
2025
$22,130
2025
Total reserves including gold n/a
$165M
2025
Total reserves ranking n/a
172/177
2025
Net foreign direct investment
-$150M
2024
-$49.5M
2025
Net inflows of foreign direct investment
$268M
2024
$60M
2024
Net outflows of foreign direct investment
$118M
2024
-$401K
2024
Servicing debt to the IMF, % of GNI n/a
9.81%
2024
Poverty at national poverty lines
8%
2008
29%
2020

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/andorra/dominica | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2026, retrieved 2026-07-08)
  2. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  3. Central Intelligence Agency (CIA) (1998–2020, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.