PEST Analysis: Andorra

August 2021

Andorra is a politically stable country, but public finances have been weakened by the costs of fighting the Coronavirus (COVID-19) pandemic. A partial economic recovery is expected in 2021, but the country is considerably exposed, due to disproportionate imports. Andorra will remain affluent but with an older population and worsening health outcomes. The country’s small, yet vibrant digital landscape shows much potential, but is dominated by a publicly-owned monopolistic operator.

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Overview:

Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Sustainability industry in Andorra, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Sustainability in Andorra report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

PEST Analysis: Andorra

PEST ANALYSIS

Chart 1 Main PEST Points in Andorra

POLITICAL ENVIRONMENT

Chart 2 Political Environment Dynamics in Andorra Summary 1 Political Environment Analysis in Andorra

ECONOMIC ENVIRONMENT

Chart 3 Economic Environment Dynamics in Andorra Summary 2 Economic Environment Analysis in Andorra

SOCIAL ENVIRONMENT

Chart 4 Social Environment Dynamics in Andorra Summary 3 Social Environment Analysis in Andorra

TECHNOLOGICAL ENVIRONMENT

Chart 5 Technological Environment Dynamics in Andorra Summary 4 Technological Environment Analysis in Andorra
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  • Analyse growth opportunities and assess market potential
  • Develop market entry/exit strategies
  • Understand the likely path of economic growth
  • Examine risks and vulnerabilities of economies to support critical decision-making

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