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Andorra: Tourism
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Escaldes-Engordany with Caldea spa (center) Tourism, the mainstay of Andorra's tiny, well-to-do economy, accounts for roughly 80% of GDP. An estimated 9 million tourists visit annually, attracted by Andorra's duty-free status and by its summer and winter resorts. Andorra's comparative advantage has recently eroded as the economies of adjoining France and Spain have been opened up, providing broader availability of goods and lower tariffs.
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Tourism is Andorra’s main source of revenue, but some Andorrans still raise sheep and cattle as they have since ancient times. In the summer months, villagers herd livestock up the mountains to graze in alpine pastures. Most of the small patches of land suitable for cultivation are used to grow tobacco.
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