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Welcome to your comprehensive guide to the Andorra job market. Finding the right job or candidate requires solid data. We provide the latest statistics on employment, salaries, and economic indicators, empowering you to make informed decisions about your next career step or recruitment strategy in Andorra.
Job Market Overview: Employment Statistics in Andorra
Understanding Andorra's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 77.265 residents |
| Employment Rate | 66.2% (below OECD average) |
| Unemployment Rate | 1.5% (very competitive market) |
These Andorra employment statistics reveal a tight labor market where candidates should highlight specialized skills. The 66.2% employment rate suggests moderate job availability across sectors.
Living & Working in Andorra: Economic Insights
Before relocating or applying for jobs in Andorra, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 1.000,00 USD | 22% of U.S. average (significantly lower) |
| Purchasing Power | 70.9 | moderate compared to U.S. (100) |
With 70.9 purchasing power, salaries in Andorra provide adequate but budget-conscious lifestyles. The average monthly salary of 1.000,00 USD is particularly attractive in the Tourism sector.
Top Industries & Job Opportunities in AD
Andorra's thriving job market spans these key sectors:
| Leading Industry | Tourism (growing at 5% annually) |
| Emerging Sector | Manufacturing (25% of workforce) |
| Service Sector | Tourism, Financial Services (60% of GDP) |
| Major Employers | Andbank, Crèdit Andorrà, Vall Banc (hiring year-round) |
Job seekers should focus on Tourism for the most opportunities, while Manufacturing offers growth potential. Major companies like Andbank, Crèdit Andorrà, Vall Banc frequently post openings for skilled professionals.
Data Sources & Methodology
The statistical data (Population, Employment, Economic Indicators) used in this guide is compiled from the following authoritative sources:
- Employment & Economic Data: World Bank Indicators
- Cost of Living & Salaries: Numbeo Cost of Living Database
- Proprietary Data: Analysis derived from expert interviews and Cityjobs.info internal salary research.
Disclaimer: Data Volatility Note
We strive to update all statistics and figures annually. However, due to the nature of global economics, data like employment rates, exchange values, and average salaries can change rapidly due to political events, economic shifts, or unforeseen crises. Always verify critical figures with local governmental or financial institutions before making major decisions.
1. What's the employment situation in Andorra?
With a population of 77,265 and an employment rate of 66.2%, Andorra offers a competitive job market. The unemployment rate currently stands at 1.5%.
2. Which are the top companies in Andorra?
The leading employers in Andorra include Andbank, Crèdit Andorrà, Vall Banc. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Andorra?
The purchasing power ratio in Andorra is 70.9, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Andorra?
Search our listings filtered for Andorra. Focus on industries where Andbank, Crèdit Andorrà, Vall Banc are active, and consider that the 66.2% employment rate suggests moderate competition for positions.
5. What should I know about working in Andorra?
With Andbank, Crèdit Andorrà, Vall Banc as major employers, the job market tends to favor Manufacturing and Tourism, Financial Services.
