Andorra
Europe · Southern Europe
Moderate Cost of LivingVery High Development
Tax haven in the Pyrenees — no income tax, ski resorts, duty-free shopping hub.
At a Glance
85
55
80
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Andorra
Andorra is a tiny mountain principality tucked between France and Spain in the Pyrenees, offering world-class skiing in winter and excellent hiking through unspoilt alpine scenery in summer. Life here is quiet, orderly, and surrounded by nature, which suits those who prefer altitude over coastline. Those looking for cultural depth or urban energy will quickly exhaust what it offers.
- No income tax and no VAT — funds the entire state on tourism duties.
- Life expectancy beats France and Spain despite being a tiny mountain statelet.
- Has had no army since a peace treaty in 1278.
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Quick Facts
Capital
Andorra la Vella
Language
Catalan
Currency
€ EUR
Area
470 km²
💻
Nomad Hub
PlugType C/F
GDP / Capita
i
$54K
Very High
PPP / Capita
i
$80K
Very High
GNI / Capita
i
$53K
Very High
Tax Revenue
i
15.6%
FDI Inflows
i
6.6%
Education Spend
i
1.9%
Cost of Living
i
55.1
Moderate
Price Level Index
i
20th pct
Moderate
20-Year Trend + IMF Forecast
Income & inflation over time
i
+25% nominal+2% real
GDPPPPInflationIMF forecast
