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IMF 2026 Article IV Economic Review of Andorra

The International Monetary Fund completed its 2026 Article IV mission in Andorra, highlighting robust growth driven by services and financial sectors and a strong fiscal position.

In early March 2026, the International Monetary Fund concluded its annual Article IV consultation for Andorra, reaffirming the country’s strong macroeconomic performance. The mission noted that Andorra’s economy grew around 2.9% in 2025, driven by financial services, real estate, and construction, while inflation eased to 2.4%. The IMF praised cautious fiscal management, which has reduced public debt and built solid fiscal buffers. The review also highlighted the prominent role of banks and the need for continued oversight as the economy diversifies. The outcomes are expected to support Andorra’s credit standing and guide policy choices ahead of an upcoming EU Association Agreement vote.
Status
active
Location
Andorra la Vella, Andorra
Date added
2026-03-22 17:48 UTC
Last updated
2026-03-22 17:48 UTC
Source
International Monetary Fund
Connected threats
Not provided

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