Trade balance in low carbon technology products, Percent of GDP in Andorra
Andorra: Trade balance in low carbon technology products, Percent of GDP was -1.67 in 2023. ▼ Falling
Trade balance in low carbon technology products, Percent of GDP in Andorra, 2000–2023
Source: International Monetary Fund.
Analysis
The most recent figure for trade balance in low carbon technology products, percent of gdp in Andorra is -1.67, measured in 2023. That is the lowest value across all 23 years on record.
That represents a change of down 23.2% on the previous year and down 245.6% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in Andorra peaked at -0.3761 in 2011 and was at its lowest, -1.67, in 2023.
That places Andorra 156th out of 177 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Trade balance in low carbon technology products, Percent of GDP in Andorra, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -0.6608 | — |
| 2001 | -0.6854 | +3.7% |
| 2002 | -0.7549 | +10.1% |
| 2003 | -0.6312 | -16.4% |
| 2004 | -0.6104 | -3.3% |
| 2006 | -0.4874 | -20.1% |
| 2007 | -0.4677 | -4.0% |
| 2008 | -0.821 | +75.5% |
| 2009 | -0.5182 | -36.9% |
| 2010 | -0.3875 | -25.2% |
| 2011 | -0.3761 | -3.0% |
| 2012 | -0.4279 | +13.8% |
| 2013 | -0.4834 | +13.0% |
| 2014 | -0.5558 | +15.0% |
| 2015 | -0.4417 | -20.5% |
| 2016 | -0.4446 | +0.7% |
| 2017 | -0.5706 | +28.3% |
| 2018 | -0.6742 | +18.2% |
| 2019 | -0.6378 | -5.4% |
| 2020 | -0.8683 | +36.1% |
| 2021 | -1.05 | +21.4% |
| 2022 | -1.36 | +28.6% |
| 2023 | -1.67 | +23.2% |
Andorra compared with similar countries
- Andorra's -1.67 is below the median for high income countries, which is -0.5764, 2.9× the median. (62 countries reporting)
- Andorra's -1.67 is below the median for Europe & Central Asia, which is -0.5163, 3.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.6263 | -0.821 | -0.4677 | 9 |
| 2010s | -0.5 | -0.6742 | -0.3761 | 10 |
| 2020s | -1.24 | -1.67 | -0.8683 | 4 |
Countries ranked near Andorra
More trade data for Andorra
- Imports of low carbon technology products, Percent of GDP 1.82 (2023)
- Imports of low carbon technology products, US dollar (World), per 850.39 units per person (2023)
- Imports of low carbon technology products, US dollar (World), per 0.0182 units per US$ of GDP (2023)
- Exports of low carbon technology products, US dollar (World), gaps 5.50 million (2023)
- Exports of low carbon technology products, US dollar (World), per 68.06 units per person (2023)
- Total trade in low carbon technology products, US dollar (World) 74.26 million (2023)
- Trade balance in low carbon technology products, US dollar (World) -63.26 million (2023)
- Exports of low carbon technology products, US dollar (World), per 0.0015 units per US$ of GDP (2023)
- Total trade in low carbon technology products, US dollar (World), per 918.45 units per person (2023)
- Total trade in low carbon technology products, US dollar (World), per 0.0196 units per US$ of GDP (2023)
Frequently asked questions
- What is trade balance in low carbon technology products, percent of gdp in Andorra?
- Trade balance in low carbon technology products, percent of gdp in Andorra was -1.67 in 2023, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in Andorra?
- The highest recorded value was -0.3761 in 2011.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Andorra?
- The lowest recorded value was -1.67 in 2023.
- How does Andorra rank for trade balance in low carbon technology products, percent of gdp?
- Andorra ranks 156th out of 177 countries with data for 2023.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in Andorra?
- Over the last ten years it is down 245.6%. The long-run trend across the full record is falling.
- Where does this Andorra data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.