Andorra | GDP (current US$)

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Limitations and exceptions: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money.
Publisher
The World Bank
Origin
Principality of Andorra
Records
101
Source
Andorra | GDP (current US$)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 78619206.085096
1971 89409820.359281
1972 113408231.94409
1973 150820102.7984
1974 186558696.2792
1975 220127246.37681
1976 227281024.62074
1977 254020153.34064
1978 308008897.56944
1979 411578334.15964
1980 446416105.82502
1981 388958731.30294
1982 375895956.38346
1983 327861832.94664
1984 330070689.29828
1985 346737964.77495
1986 482000594.03588
1987 611316399.40709
1988 721425939.15155
1989 795449332.39635
1990 1029048481.8805
1991 1106928582.8663
1992 1210013651.8771
1993 1007025755.0007
1994 1017549124.3324
1995 1178738991.193
1996 1223945356.6268
1997 1180597272.7273
1998 1211932397.8171
1999 1239876305.1353
2000 1434429703.3352
2001 1496912751.6779
2002 1733116883.1169
2003 2398645598.1941
2004 2935659299.7268
2005 3255789080.9601
2006 3543256805.9215
2007 4016972351.4919
2008 4007353156.5841
2009 3660530702.9731
2010 3355695364.2384
2011 3442062830.1362
2012 3164615186.9459
2013 3281585236.325
2014 3350736367.2549
2015 2811489408.8943
2016 2877311946.9026
2017 3013387423.9351
2018 3236543909.3484
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050
2055
2060
2065
2070
2075
2080
2085
2090
2095

Andorra | GDP (current US$)

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Limitations and exceptions: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money.
Publisher
The World Bank
Origin
Principality of Andorra
Records
101
Source