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Andorra is a relatively wealthy nation of approximately 80,000 people. The country enjoys an income per capita above the European average and has a life expectancy of 84 years, which is the third highest in the world—exceeded only by Japan and Monaco. Andorra’s economic prosperity is primarily from a thriving tourism industry, which brings in around 10 million visitors per year, as well as its current status as a tax haven. Andorra is characterized by high standards of living, demonstrated by several multidimensional indicators that are used to assess the degree of poverty in a country and that consider a range of elements such as household income, equality, health, and education.

People in Andorra enjoy a fairly high standard of living. The country has a human ...

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