Andorra's taxes less subsidies on products (current US$) was US$402.32 million in 2025, the latest year in the World Bank's World Development Indicators. That is up 33.06% from US$302.36 million in 2015 (2.9% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$402.32 million | 2025 |
| Five years earlier | US$201.35 million | 2020 |
| Ten years earlier | US$302.36 million | 2015 |
| Highest | US$402.32 million | 2025 |
| Lowest | US$115.73 million | 2000 |
| Average since 2016 | US$323.44 million | 2016–2025 |
| First recorded | US$115.73 million |
What the numbers say
In 2025, Andorra's taxes less subsidies on products (current US$) rose 9% on 2024 (from US$369.24 million to US$402.32 million).
Across the 24 yearly changes before that (2001 to 2024), the average change was +6.2% and a typical year strayed about 16.1% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 34% in 2022 and the biggest yearly fall was 37.6% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 10% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Andorra had the 125th highest value of the 150 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Andorra in the 2025 ranking
- Chad — 122nd of 150: US$653.09 million
- Niger — 123rd of 150: US$562.29 million
- Cabo Verde — 124th of 150: US$498.83 million
- Eswatini — 126th of 150: US$391.26 million
- St. Lucia — 127th of 150: US$367.7 million
- Seychelles — 128th of 150: US$360.87 million
What this measures
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 26 values
| Year | Taxes less subsidies on products (current US$) |
|---|---|
| 2025 | 402,319,196 |
| 2024 | 369,243,273 |
| 2023 | 332,392,789 |
| 2022 | 343,967,807 |
| 2021 | 256,772,921 |
| 2020 | 201,346,330 |
| 2019 | 322,520,606 |
| 2018 | 345,063,098 |
| 2017 | 335,289,373 |
| 2016 | 325,473,791 |
Taxes less subsidies on products (current US$) in nearby economies
- Albania — US$4.17 billion (2025)
- Armenia — US$3.11 billion (2025)
- Austria — US$62.06 billion (2025)
- Azerbaijan — US$7.29 billion (2025)
- Belarus — US$10.77 billion (2025)
- Belgium — US$68.42 billion (2025)
- Bosnia and Herzegovina — US$5.35 billion (2025)
- Bulgaria — US$17 billion (2025)
- Croatia — US$18.16 billion (2025)
- Cyprus
More economic policy & debt data for Andorra
- GDP (current US$) — US$4.5 billion (2025)
- GDP (current LCU) — 3.98 billion (2025)
- GDP (constant 2015 US$) — US$3.51 billion (2025)
- GDP (constant LCU) — 3.12 billion (2025)
- GDP per capita (current US$) — US$54,292 (2025)
- GDP per capita (current LCU) — 48,046 (2025)
- GDP per capita (constant 2015 US$) — US$42,320 (2025)
- GDP per capita (constant LCU) — 37,615 (2025)
- GDP (annual % growth) — 3.87% (2025)
- GDP per capita (annual % growth) — 2.66% (2025)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is Andorra's taxes less subsidies on products (current US$)?
- US$402.32 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 247.64% from US$115.73 million in 2000 (5.11% a year on average, compounded). The highest value was US$402.32 million in 2025 and the lowest US$115.73 million in 2000.
- How does Andorra rank?
- 125th highest of 150 economies with data for 2025.
- Is the latest change in taxes less subsidies on products (current US$) unusual for Andorra?
- In 2025, Andorra's taxes less subsidies on products (current US$) rose 9% on 2024 (from US$369.24 million to US$402.32 million). Across the 24 yearly changes before that (2001 to 2024), the average change was +6.2% and a typical year strayed about 16.1% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TAX.NIND.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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