Principality of Andorra: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Principality of Andorra

Principality of Andorra: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Principality of Andorra
Volume/Issue: Volume 2024 Issue 057
Publication date: March 2024
ISBN: 9798400267680
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Business and Economics - Statistics , International - Economics , Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Andorra economy , Andorran authorities , debt ratio , emergency liquidity assistance model , IMF Policy recommendation , Housing , Inflation , Income , Monetary statistics , Global , Europe

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Summary

After a remarkable recovery, the Andorra economy continues to grow slightly above potential despite significant external headwinds. Headline inflation is elevated amidst persistent core inflation and a tight labor market. The banking sector remains profitable, well-capitalized, and liquid.

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