Andorra—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #12 of 192Updated August 2026
Latest Value
1.7%
2031
YoY Change
-10.5%
2030 → 2031
Global Rank
#12
of 192 countries
Maximum
4.8%
2022
Minimum
-3.5%
2009
CAGR
+3.0%
31 years
Last
1.7%
Previous
1.9%
Highest
4.8%
Lowest
-3.5%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Andorra's fiscal balance (% of GDP) was 2.2% in 2026, ranking #12 out of 192 countries. This represents a -10.5% change from 2030. Over the past 26 years, the highest recorded value was 4.8% (2022) and the lowest was -3.5% (2009). The IMF WEO projects 1.7% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | 1.7% | -10.5% |
| 2030 | 1.9% | +0.0% |
| 2029 | 1.9% | +0.0% |
| 2028 | 1.9% | +0.0% |
| 2027 | 1.9% | -13.6% |
| 2026 | 2.2% | -37.1% |
| 2025 | 3.5% | +25.0% |
| 2024 | 2.8% | +27.3% |
| 2023 | 2.2% | -54.2% |
| 2022 | 4.8% | +500.0% |
| 2021 | -1.2% | -20.0% |
| 2020 | -1.0% | -143.5% |
| 2019 | 2.3% | -14.8% |
| 2018 | 2.7% | -18.2% |
| 2017 | 3.3% | -19.5% |
| 2016 | 4.1% | +141.2% |
| 2015 | 1.7% | -19.0% |
| 2014 | 2.1% | -38.2% |
| 2013 | 3.4% | +312.5% |
| 2012 | -1.6% | -500.0% |
| 2011 | 0.4% | +233.3% |
| 2010 | -0.3% | +91.4% |
| 2009 | -3.5% | -9.4% |
| 2008 | -3.2% | -14.3% |
| 2007 | -2.8% | -100.0% |
| 2006 | -1.4% | -1300.0% |
| 2005 | -0.1% | -105.3% |
| 2004 | 1.9% | +5.6% |
| 2003 | 1.8% | +80.0% |
| 2002 | 1.0% | +42.9% |
| 2001 | 0.7% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | 2.2% | -37.1% |
| 2027Forecast | 1.9% | -13.6% |
| 2028Forecast | 1.9% | +0.0% |
| 2029Forecast | 1.9% | +0.0% |
| 2030Forecast | 1.9% | +0.0% |
| 2031Forecast | 1.7% | -10.5% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP