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Charts & Stats
Andorra Travel services (% of service imports, BoP)
What is Andorra's travel services (% of service imports, bop)? As of 2023, it's 35.3%, up from 32.2% in 2019.
Author: Wantstats Research TeamSource: World Bank and Wantstats Repository
| Label | Travel services (% of service imports, BoP) |
|---|---|
| 2019 | 32.2328% |
| 2020 | 25.8733% |
| 2021 | 29.1359% |
| 2022 | 27.2176% |
| 2023 | 35.3017% |
Data Source: World Bank and Wantstats Repository
Andorra Travel services (% of service imports, BoP): Key Points
- Bookending the series — 2019 at 32.23 %, 2023 at 35.30 % — puts Andorra's travel services up by roughly 10% across the full window.
- 2020: slips to 25.87 % (-20%).
- 2021: lifts to 29.14 % (+13%).
- 2022: down to 27.22 % (-7%).
- 2023: up to 35.30 % (+30%).
- By the last year on record, 2023, the figure sits at 35.30 % — 9.5% above 2019.
Reading A Choppy Series
Resist the instinct to draw a straight line through this. The path bends both directions, and the next year could plausibly go either way.
The 2020 dip lands in the one year that disrupted almost every kind of economic activity worldwide — 2020. That doesn't prove COVID-19 caused this specific move, but it's a reasonable first place to look before assuming something else did.
Worth pairing this with the same indicator for a handful of comparable economies before concluding anything about Andorra specifically — a move that looks large here can be the regional norm, or genuinely unusual, and this chart alone can't say which.
This kind of indicator is almost never measured continuously — it's estimated from periodic data collection, published and later revised by Andorra's statistical authority. Direction is the reliable part; individual years less so.
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Sales Leader, Bamberg
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Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
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Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.