Andorra Bank

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Economy GDP (2005): $2.77 billion.
Natural resources: Hydroelectric power, mineral water, timber, iron ore, lead.
Agriculture: tobacco, sheep.
Industry: tourism, tobacco products, wooden furniture.
Trade: Major activities are commerce and banking
Shopping goods: Duty-free status.
Official currency of Andorra: Euro.

Andorra’s national income in 2005 $2.77 billion mostly came from tourism. The main attraction for shoppers from France and Spain because of low tax rate. Also Andorra has developed active summer and winter tourist resorts. The entire tourists supported by 298 hotels and 453 (+-) restaurants, as well as many shops.
Consumer goods trade actively, including imported manufactured items. Andorra’s tax-free status has also had a significant effect on the European Union. An agreement that went into effect in July 1991 sets duty-free quotas. Tax legislation was also approved that taxes interest from monetary products and fixed-interest investments belonging to non-residents while maintaining bank secrecy (tax haven). Addition to that handicrafts, manufacturing includes cigars, cigarettes, and exquisite furniture for domestic and export markets genarate the country’s revenue.

Geography of Andorra:

Area: 468 sq. km. (180 sq. mi.);
Andorra is half the size of New York City (UAS).
Cities: Capital-Andorra la Vella.
Climate: Temperate, cool, dry.

Government type of Andorra:

Parliamentary democracy (retains as its heads of state two co-princes.
Constitution: Ratified in March 1993.
Independence: year 1278.
Branches: Heads of State Two co-princes 1) President of France 2) Bishop of Seu d’Urgell in Spain.
Executive Head of Government is Cap de Govern and eleven ministers called Executive Council.
Subdivisions of Andorra: Seven parishes (parroquies) such as: La Massana, Ordino, Sant Julia de Lòria, Andorra la Vella, Canillo, Encamp and Escaldes make up the districts represented in the General Council of Andorra.
Political parties and groups:
a) Andorran Liberal Party (PLA)
b) CDA (Democratic Center of Andorra)
c) The Social Democratic Party (PS)

** most search result: What is the government type of Andorra?

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Andorra country statistics:

Offical name: Principality of Andorra

Total population of Andorra: 67,000
Life expectancy at birth m/f (years): 77/84
Healthy life expectancy at birth m/f (years, 2002): 70/75
Probability of dying under five (per 1 000 live births): 6
Probability of dying between 15 and 60 years m/f (per 1 000 population): 107/45
Total expenditure on health per capita (Intl $, 2004): 3,546
Total expenditure on health as % of GDP (2004): 7.1

** source: world health organization