Selected Issues Papers

Fiscal Implications of Aging in Andorra: Pension and Healthcare System Reforms

By Aidyn Bibolov

May 9, 2025

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Format: Chicago

Aidyn Bibolov. "Fiscal Implications of Aging in Andorra: Pension and Healthcare System Reforms", Selected Issues Papers 2025, 052 (2025), accessed May 12, 2025, https://doi.org/10.5089/9798229010672.018

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Summary

Andorra has the highest life expectancy and the lowest fertility rate in Europe, resulting in one of the fastest-aging populations on the continent. This study assesses the long-term fiscal implications of demographic change for Andorra’s pension and healthcare systems. Without reform, public pension and healthcare expenditures are expected to rise significantly by 2050. Comprehensive pension and healthcare reforms, alongside proactive immigration policies, are essential to mitigate demographic pressures and safeguard Andorra’s macroeconomic stability over the long term.

Subject: Aging, Demographic change, Expenditure, Health, Labor, Migration, Pension reform, Pension spending, Pensions, Population and demographics, Retirement

Keywords: Aging, Aging, Andorra, Demographic change, Fertility, Fiscal cost of aging, Health care, Healthcare, Life expectancy, Microstate, Migration, Migration, Pension reform, Pension spending, Pensions, Pensions, Reforms, Reserve assets, Retirement

Publication Details

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