ontributes substantially to the economy. Agricultural
production is limited - only 2% of the land is arable - and most
food has to be imported. The principal livestock activity is sheep
raising. Manufacturing output consists mainly of cigarettes, cigars,
and furniture. Andorra is a member of the EU Customs Union and is
treated as an EU member for trade in manufactured goods (no tariffs)
and as a non-EU member for agricultural products.

GDP (purchasing power parity):
$1.84 billion (2004)

GDP (official exchange rate):
NA

GDP - real growth rate:
4% (2004 est.)

GDP - per capita (PPP):
$24,000 (2004)

GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Labor force:
48,740 (2004)

Labor force - by occupation:
agriculture: 0.3%
industry: 19.6%
services: 80% (2004)

Unemployment rate:
0% (1996 est.)

Population below poverty line:
NA%

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices):
3.4% (2004)

Budget:
revenues: $373.5 million
expenditures: $373.5 million; including capital expenditures of $NA
(2004)

Agriculture - products:
small quantities of rye, wheat, barley, oats, vegetables; sheep

Industries:
tourism (particularly skiing), cattle raising, timber, banking,
tobacco, furniture

Industrial production growth rate:
NA%

Electricity - production:
NA kWh

Electricity - production by source:
NA

Electricity - consumption:
NA kWh

Electricity - exports:
NA kWh

Electricity - imports:
NA kWh; note - most electricity supplied by Spain and France;
Andorra generates a small amount of hydropower

Exports:
$145 million f.o.b. (2004)

Exports - commodities:
tobacco products, furniture

Exports - partners:
Spain 59.5%, France 17.0% (2005)

Imports:
$1.077 billion (1998)

Imports - commodities:
consumer goods, food, electricity

Imports - partners:
Spain 53.2%, France 21.1% (2005)

Debt - external:
$NA

Economic aid - recipient:
none

Currency (code):
euro (EUR)

Currency code:
EUR

Exchange rates:
euros per US dollar - 0.79669 (2006), 0.8041 (2005), 0.8054 (2004),
0.886 (2003), 1.0626 (2002)

Fiscal year:
calendar year

Communications Andorra

Telephones - main lines in use:
35,400 (2005)

Telephones - mobile cellular:
64,600 (2005)

Telephone system: