## High-Frequency Indicators and GDP Nowcasting in Andorra

_Selected Issues Papers, May 15, 2026_

## Source details

**Canonical URL:** [High-Frequency Indicators and GDP Nowcasting in Andorra](https://www.imf.org/en/publications/selected-issues-papers/issues/2026/05/15/high-frequency-indicators-and-gdp-nowcasting-in-andorra-576142)

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## Bibliographic details
- Authors: Mariarosaria Comunale
- Published: May 15, 2026
- Series: Selected Issues Papers
- Volume: 2026
- Issue: 039
- Pages: 19
- DOI: https://doi.org/10.5089/9798229046602.018

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### Summary and purpose
- High-frequency signals for Andorra were combined into a timely real-time estimate of quarterly GDP growth using a mixed-frequency nowcasting model.
- The resulting framework delivers a transparent nowcast of quarterly GDP growth together with uncertainty bands.
- The framework can also be used for near-term scenario analysis.

### Methodology and model features
- Mixed-frequency nowcasting model combining multiple high-frequency indicators.
- Produces real-time estimates of quarterly GDP growth.
- Outputs include uncertainty bands around the nowcast.

### Applications and use cases
- Timely real-time monitoring of quarterly GDP growth for Andorra.
- Near-term scenario analysis based on the nowcast framework.

### Key subjects and analytical scope
- Consumption
- Cyclical indicators
- Economic growth
- Economic sectors
- Employment
- Labor
- National accounts
- Tourism

### Keywords and technical terms
- Andorra
- Consumption
- Cyclical indicators
- Dynamic Factor Models
- Employment
- GDP
- High-Frequency indicator
- High-Frequency Indicators
- IMF country
- IMF staff
- issues paper
- Mixed-Frequency Models
- Nowcasting
- NowHub team
- Small Open Economies
- Tourism

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## Content in this bundle

- **Sipea2026039**
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_Source: https://www.imf.org/en/publications/selected-issues-papers/issues/2026/05/15/high-frequency-indicators-and-gdp-nowcasting-in-andorra-576142_