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Economy of Andorra vs North Korea compared: GDP & Debt

Updated on by Georank team

Andorra has a GDP of $4.04B compared to $34.9B for North Korea, ranking 166/197 and 106/197 by economy size, respectively.

Andorra vs North Korea GDP by year

Andorra
North Korea
1x
Year GDP, current $
Andorra North Korea
2024 $4,039,842,405 $34,943,120,000
2023 $3,785,065,525 $32,155,360,000
2022 $3,380,611,695 $28,971,360,000
2021 $3,324,648,076 $32,301,720,000
2020 $2,891,002,460 $27,728,240,000
2019 $3,155,150,256 $28,222,880,000
2018 $3,218,418,632 $28,536,400,000
2017 $3,000,160,415 $29,105,440,000
2016 $2,896,611,879 $28,882,640,000
2015 $2,789,882,569 $30,723,030,000
2014 $3,271,686,452 $30,554,460,000
2013 $3,193,513,470 $30,588,922,000
2012 $3,188,653,259 $29,890,710,000
2011 $3,629,133,063 $29,005,020,000
2010 $3,449,925,694 $25,995,513,000
2009 $3,688,974,807 $23,356,470,000
2008 $4,102,317,468 -
2007 $3,957,627,537 -
2006 $3,459,336,818 -
2005 $3,161,084,847 -
2004 $2,900,244,054 -
2003 $2,366,941,614 -
2002 $1,764,279,818 -
2001 $1,548,265,927 -
2000 $1,432,606,296 -
1999 $1,240,295,199 -
1998 $1,211,953,994 -
1997 $1,180,645,572 -
1996 $1,224,024,139 -
1995 $1,178,745,283 -
1994 $1,017,544,069 -
1993 $1,007,090,270 -
1992 $1,209,992,020 -
1991 $1,106,891,362 -
1990 $1,028,989,692 -
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/north-korea | CC BY

GDP per capita in Andorra vs North Korea by year

Andorra
GDP per capita

GDP per capita, PPP
North Korea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Andorra North Korea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $49,304 $74,939 $1,319 -
2023 $46,812 $71,731 $1,217 -
2022 $42,414 $68,470 $1,100 -
2021 $42,426 $59,332 $1,231 -
2020 $37,361 $52,096 $1,061 -
2019 $41,258 $57,475 $1,084 -
2018 $42,820 $55,245 $1,100 -
2017 $40,673 $53,085 $1,127 -
2016 $40,130 $53,110 $1,124 -
2015 $38,655 $50,733 $1,201 $1,700
2014 $44,370 $48,506 $1,201 $1,800
2013 $42,470 $45,609 $1,208 -
2012 $41,501 $45,503 $1,186 -
2011 $46,657 $46,436 $1,156 $1,800
2010 $42,747 $43,853 $1,040 -
2009 $43,975 $42,523 $939 $1,800
2008 $49,132 $44,839 - $1,800
2007 $48,336 $47,501 - $1,700
2006 $43,467 $46,853 - $1,800
2005 $40,830 $44,578 - $1,700
2004 $39,021 $42,717 - $1,700
2003 $34,064 $41,148 - $1,300
2002 $26,528 $38,787 - $1,000
2001 $23,511 $36,895 - -
2000 $21,810 $33,458 - $1,000
1999 $18,875 $31,590 - $1,000
1998 $18,537 $30,073 - -
1997 $18,248 $29,122 - -
1996 $19,130 $26,542 - -
1995 $18,443 $24,934 - -
1994 $15,749 $23,509 - -
1993 $15,917 $22,958 - -
1992 $20,100 $23,817 - -
1991 $19,533 $24,510 - -
1990 $19,564 $24,909 - -
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); Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20).

GeoRank.org/economy/andorra/north-korea | CC BY

Andorra's GDP per capita is $49,304, ranking 25/197, compared to $1,319 in North Korea, ranking 168/197. Adjusted for purchasing power (GDP per capita PPP), Andorra ranks 18th at $74,939, while North Korea ranks 193rd at $1,700.

Economic indicators

Andorra North Korea
Gross domestic product
$4.04B
2024
$34.9B
2024
GDP rank
166/197
2024
106/197
2024
GDP growth
3.37%
2023-2024
n/a
GDP per capita
$49,304
2024
$1,319
2024
GDP per capita rank
25/197
2024
168/197
2024
GDP per capita, PPP
$74,939
2024
$1,700
2015
GDP per capita PPP rank
18/197
2024
193/197
2015
Average annual personal income after taxes
$32,457
2026
$1,426
2026
Government expenditure, % of GDP
35%
2025
n/a
Consumer prices inflation
-0.9%
2019-2020
n/a
Unemployment rate
3.7%
2016
25.6%
2013
Population
84102
26659144

Top exports between countries

Andorra
Export category Export value
Textiles & consumer goods $1K
North Korea
Export category Export value

Balance of trade

Andorra North Korea
Current account balance
$649M
2024
n/a
Current account balance ranking
57/190
2024
n/a
Current account balance, % of GDP
+16.1%
2024
n/a
Goods imports
$1.95B
2024
n/a
Goods exports
$255M
2024
n/a
Service imports
$1.04B
2024
n/a
Service exports
$3.38B
2024
n/a
Exports of goods and services, % of GDP
15%
2025
n/a

Economic freedom indices

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

Andorra North Korea
Economic freedom 72 3.1
Economic freedom ranking 28/197 197/197
Property rights n/a 16.3
Government integrity n/a 4.3
Judicial effectiveness n/a 6.3
Tax burden n/a 0
Government spending n/a 0
Fiscal health n/a 0
Business freedom n/a 5
Labor freedom n/a 5
Monetary freedom n/a 0
Trade freedom n/a 0
Investment freedom n/a 0
Financial freedom n/a 0

Other economic metrics

Andorra North Korea
Services, % of GDP
77.6%
2024
n/a
Industry, % of GDP
12.8%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
0.47%
2024
n/a
GNI, Atlas method
$3.9B
2024
n/a
GNI per capita, PPP
$76,090
2024
n/a
Net foreign direct investment
-$150M
2024
n/a
Net inflows of foreign direct investment
$268M
2024
$203K
1989
Net outflows of foreign direct investment
$118M
2024
$0
2024
Poverty at national poverty lines
8%
2008
n/a

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/north-korea | CC BY

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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. Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. 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.