The economic and financial development of Andorra

Economic diversification

The Andorran government has put policies in place to modernise the country and diversify the economy. It promotes sectors such as luxury tourism, technology, education and health services. These initiatives offer new opportunities for investors looking to get involved in emerging sectors.

Trade agreements

Although it is not a member of the European Union, Andorra has bilateral agreements with the EU and other countries to facilitate international trade and access to European markets. That fact that the euro is the official currency makes international transactions easier.

Robust financial sector

The Andorran banking sector has modernised and adopted international transparency and anti-money laundering regulations.

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