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

May 9, 2025

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Aidyn Bibolov. "Fiscal Implications of Aging in Andorra: Pension and Healthcare System Reforms", Selected Issues Papers 2025, 052 (2025), accessed May 23, 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, Expenditure, Health, Pension spending, Population and demographics

Keywords: Aging, Andorra, Europe, Fertility, Fiscal cost of aging, Healthcare, Healthcare expenditure, Healthcare system reform, Implications of aging, Life expectancy, Macroeconomic stability, Microstate, Migration, Pension spending, Pensions, Reforms, Visit Andorra

Publication Details

Pages:

16
Volume:

2025
DOI:

https://doi.org/10.5089/9798229010672.018
Issue:

052
Series:

Selected Issues Paper No. 2025/052
Stock No:

SIPEA2025052
ISBN:

9798229010672
ISSN:

2958-7875

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