Andorra's 2027 Budget and Deficit Outlook | Andorra News

Andorra’s government unveils a bold 2027 budget, up 11% to €834.8 million, but faces an unexpected €43 million deficit—a sharp 8% jump from last year’s forecast. Driven by a 17% surge in direct taxes and new fees—including a €50K deposit from residents and freelancers—the revenue boost is offset by heavy spending on health (€130M) and education (€100M), plus €26M for housing and a €35M carryover surplus. Finance Minister remains optimistic, citing past surplus surprises and predicting a €10M surplus in 2026. With economic diversification as the goal, Andorra aims to sustain growth across its resilient industries.

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