Andorra

Start with tourism, retail, banking, construction, and cross-border services. Those sectors explain where income, jobs, tax receipts, and external financing pressure are most likely to show up first ^S1,S4.

Then separate domestic movement from external shocks. For Andorra, the external file is Spain demand, France demand, euro-area rates, winter snowfall, and tax and banking rules; each item can move demand, prices, reserves, public finance, or bank balance sheets before the broad data turn ^S2,S4,S5.

Uses the euro under monetary agreement with the European Union; financial supervision is led by the Andorran Financial Authority. The monetary setting matters because it tells the reader whether adjustment comes through interest rates, reserves, fiscal policy, credit controls, or imported-price pressure ^S2,S4.

The profile uses a strict source order. National releases control the country story; IMF and World Bank values are used to compare Andorra with peers on the same definitions ^S1,S4,S5.

Use IMF values for cross-country comparison, then check the national source before quoting a latest release. That rule is especially important for small states, monetary unions, dollarized economies, and territories where regional data can look cleaner than the national release but answer a different question ^S1,S2,S4.

The fact file is dated because these numbers move. Treat any growth, inflation, unemployment, debt, or current-account statement as a release-sensitive claim, not a permanent description ^{S1,S6,S7,S8,S9}.