May 1981), represented by
Veguer de Franca Jean Pierre COURTOIS (since NA); Spanish Episcopal
Co-Prince Mgr. Juan MARTI Alanis (since 31 January 1971), represented by
Veguer Episcopal Francesc BADIA Bata
Head of Government:
Executive Council President Oscar RIBAS Reig (since 10 Decmber 1989)
Member of:
INTERPOL, IOC
Diplomatic representation in US:
Andorra has no mission in the US
US diplomatic representation:
Andorra is included within the Barcelona (Spain) Consular District, and the
US Consul General visits Andorra periodically
Flag:
three equal vertical bands of blue (hoist side), yellow, and red with the
national coat of arms centered in the yellow band; the coat of arms features
a quartered shield; similar to the flags of Chad and Romania that do not
have a national coat of arms in the center

*Andorra, Economy

Overview:
The mainstay of Andorra's economy is tourism. An estimated 13 million
tourists visit annually, attracted by Andorra's duty-free status and by its
summer and winter resorts. The banking sector, with its "tax haven" status,
also contributes significantly to the economy. Agricultural production is
limited by a scarcity of arable land, and most food has to be imported. The
principal livestock activity is sheep raising. Manufacturing consists mainly
of cigarettes, cigars, and furniture. Although it is a member of the EC
customs union, it is unclear what effect the European Single Market will
have on the advantages Andorra obtains from its duty-free status.
National product:
GDP - purchasing power equivalent - $760 million (1992 est.)
National product real growth rate:
NA% (1992 est.)
National product per capita:
$14,000 (1992 est.)
Inflation rate (consumer prices):
NA%
Unemployment rate:
0%
Budget:
revenues $119.4 million; expenditures $190 million, including capital
expenditures of $NA (1990)
Exports:
$23 million (f.o.b., 1989)
commodities:
electricity, tobacco products, furniture
partners:
France, Spain
Imports:
$888.7 million (f.o.b., 1989)
commodities:
consumer goods, food
partners:
France, Spain
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
35,000 kW capacity; 140 million kWh produced, 2,570 kWh per capita (1992)
Industries:
tourism (particularly skiing), sheep, timber, tobacco, banking
Agriculture:
sheep raising; small quantities of tobacco, rye, wheat, barley, o