Economy and business
Discover why Andorra is one of the richest countries in Europe. The Principality has achieved solid economic growth, surpassing economic powers such as France and the United Kingdom, with a GDP per capita already 20% higher than Spain. With vibrant tourism, a reformed financial sector and a diversified economy, Andorra offers stability and unique opportunities. Access the full article and learn all the details of this economic success.
Recent figures published by the European statistical office, Eurostat, and the rating agency Moody's reveal that Andorra has a GDP per capita that surpasses the European average with a stable and growing economic forecast through 2027.
Andorra-La Seu airport opens a new air route to connect Andorra with Palma de Mallorca during the winter. This alternative brings Andorra closer to foreign countries and generates new economic synergies.
The international agencies Fitch Ratings and Standard & Poor's have provided a positive assessment of the Principality's economy, defining the country as a secure investment destination, with anticipated economic growth extending at least until 2026.
The increasing activity of the airport, together with the future improvements and the demand of the business sector that sees business opportunities in the economic and financial model of Andorra, make it possible to foresee the opening of new scheduled flights and routes.
As of 17 May 2022, all companies and entities of the country registered in the Principality of Andorra, or constituted in accordance with the Andorran laws, will be affected by the new Data Protection Law. At IS21 we can help you take the necessary steps for your company to comply with the new legislation.
Jordi Marticella, CEO of Integral Serveis 21, outlines the current economic situation in Andorra with reference to foreign investment in this country, in an interview
The GPS system of the Andorra-La Seu airport is now a reality. The Spanish Government has recently announced that the GPS device that will allow commercial flights to land at the Alt Urgell airport will be installed. This is the first airport in the entire Spanish territory that will have this technology.
