Principality of Andorra : 2022 Article IV Consultation-Press Release; and Staff Report.

The Andorran economy is recovering strongly from the pandemic, supported by a rebound in tourism, retail trade, construction, and professional services. Real GDP is expected to reach pre-crisis levels in the second half of 2022. While the unemployment rate is amongst the lowest in Europe and continu...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund. European Dept.
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2022.
Colección:IMF Staff Country Reports; Country Report ; No. 2022/179
Materias:
Acceso en línea:Full text available on IMF
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520 3 |a The Andorran economy is recovering strongly from the pandemic, supported by a rebound in tourism, retail trade, construction, and professional services. Real GDP is expected to reach pre-crisis levels in the second half of 2022. While the unemployment rate is amongst the lowest in Europe and continues to decline, pockets of vulnerability remain. Notwithstanding significant policy buffers, there are still substantial downside risks, notably the impact in Europe of the war in Ukraine, higher than expected inflation, and a resurgence of infection rates. 
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