What is and where is Andorra country?

What is and where is Andorra country?

The location of Andorra on a map

The Principality of Andorra is a small country that could be attributed to the group of European diminutive states together with Liechtenstein, Monaco and San-Marino. Alongside with that, Andorra is the biggest out of this group. The area of Andorra makes up 468 km2. Andorra information

Location of Andorra: Andorra is located in the south-west of Eurasian continent, between Spain and France, in the eastern part of the Pyrenees. The country hasn’t got access to sea; it is mostly located on the mountainous terrain at the height of 900 meters above the sea level.

North (crags of Font Blanca) – 42º 39’ 15’’

South (Conangle – River Runer) – 42º 25’ 38’’

West (Aquell pass) – 1º 24’ 34’’

East (River Palomera – River Ariège) – 1º 47’ 19’’

Highest point – Peak of Comapedrosa 2,942 m

Lowest point – Confluence of the River Runer 840 m

Woodland – 38%

High mountain fields – 26%

Scree and rocky areas – 20%

Urban areas and infrastructures – 5%

Borders with:

Spain – 63,7 km

France – 56,6 km

Andorra has no airport but the roads to Spain and France allow getting to the airports of Barcelona and Toulouse within approximately 3 hours. It takes about 10 hours to drive to Paris and 8 hours — to Madrid.

The Principality of Andorra is a parliamentary democracy. The capital of Andorra is Andorra La Vella. The country is divided into 7 administrative districts (Comu). Andorra has got its own Constitution since 1993; the country is a member of UNO and other big international organizations, both political and economic.

The labor force for 01.09.2016 is 37 134 people. The level of unemployment currently makes up 2.9%. 94.9% of labor force is occupied in the sphere of services; 4.7%– in industrial sphere and only 0.4% — in agriculture. The minimal wage is 962 euro/month. The average amount of wage is 1994 euro/month. The inflation in 2015 made up 1.6%.

Together with Lichtenstein and Monaco Andorra can be attributed to the so called European “tax heavens”. The direct taxation is 10% on income tax (0% if the profit is less than 24000 euro per year) and 4.5% VAT. Business taxation is the most liberal in Europe. Since 2012 the profit tax for the companies makes up 10% with 8% of potential decrease.

In Julay 2017 Standard & Poor’s improved Andorra’s sovereign rating from “BBB- / A-3” to “BBB / A-2” in the long-term and short-term, and maintains a stable outlook.