Is Andorra a rich country? GDP per capita and the reality of living standards
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The short answer
Yes, judging by GDP per capita: around 54,000 dollars in 2025 according to the World Bank, which puts Andorra among the top 25 countries in the world. But this indicator says nothing about how wealth is distributed or about housing costs.
Is Andorra a rich country?
By GDP per capita, yes: around 54,000 current dollars in 2025 (World Bank data, ranking about 24th out of 197), and around 75,000 dollars in purchasing power parity (2024).
What this indicator hides
- GDP per capita divides the country's output by its population: it does not measure household income or how it is distributed.
- Many cross-border workers or foreign residents contribute to the economy without their income being reflected in the same way.
- The cost of housing is high: an average salary does not translate into an equivalent standard of living. See cost of living and minimum wage.
Where does the country's wealth come from?
Services (retail, tourism, finance), construction and real estate. In its 2025 assessment, the IMF points out that high real GDP per capita has remained stable over fifty years, with growth coming mainly from population increase.
From GDP to the real standard of living
A high GDP per capita does not tell you how much a household has left: housing weighs heavily (apartments at 4,569.70 €/m²verified on 09/10/2026 per m²) and inflation has picked up again (4.8 %verified on 12/10/2026 in August 2026, advance indicator). The gross minimum wage is 1,568.66 €verified on 09/10/2026.
Complementary indicators
| Indicator | Reading |
|---|---|
| Minimum wage | 1,568.66 €verified on 09/10/2026 gross per month |
| Population | 89,058verified on 12/10/2026 inhabitants, +2.3 %verified on 12/10/2026 in 2025 |
| Taxation | IRPF at 10 %verified on 09/10/2026, IGI at 4.5 %verified on 09/10/2026 |
For your personal budget, see cost of living and what salary to live in Andorra.
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Frequently asked questions
What is Andorra's GDP per capita?
Around 54,000 current dollars in 2025 according to World Bank data, and around 75,000 dollars in purchasing power parity (2024).
Is Andorra richer than France?
Its GDP per capita is higher, but the indicator cannot be compared directly: it says nothing about the cost of living or how wealth is distributed.
Why is housing so expensive?
A small territory, steady demand and few properties available. See the price guide.
Going further
Official sources
This information is general and is not personalised legal, tax or financial advice. It is verified as of the date shown and may change.