Andorra officially the Principality of Andorra also called the Principality of the Valleys of Andorra is a sovereign land locked micro state in Southwestern Europe, located in the eastern Pyrenees mountains and bordered by Spain and France. Created under a charter in 988, the present principality was formed in 1278. It is known as a principality as it is a diarchy headed by two Co-Princes – the Catholic Bishop of Urgell in Spain, and the President of France.

Population

Andorra has a population of 85,470.

Political Structure

Andorra is a parliamentary co-principality with the President of France and the Catholic Bishop of Urgell (Catalonia, Spain) as Co-Princes. This peculiarity makes the President of France, in his capacity as Prince of Andorra, an elected reigning monarch, although he is not elected by a popular vote of the Andorran people. The politics of Andorra take place in a framework of a parliamentary representative democracy, whereby the Head of Government is the chief executive, and of a pluriform multi-party system.

Infrastructure and Economy

Tourism, the mainstay of Andorra’s tiny, well-to-do economy, accounts for roughly 80% of GDP. An estimated 10.2 million tourist’s visit annually, attracted by Andorra’s duty-free status and by its summer and winter resorts.

One of the main sources of income in Andorra is tourism from ski resorts which total over 175 km (109 mi) of ski ground. The sport brings in over 7 million visitors and an estimated 340 million euros per year, sustaining 2,000 direct and 10,000 indirect jobs at present.

Language

The historic and official language is Catalan, a Romance language.

Currency

Euro