Oscar Ribas Reig, heading the centre-right Andorran National Democrat party, became head of a coalition government. Each year 12 million visitors are attracted to Andorra by duty-free shopping, where electronics and designer clothing are the main markets. In winter it is an important skiing centre. As much as 80 per cent of the work force is engaged in tourism, and this is the major industry. Other income is derived from the sale of electric power to Catalonia, postage stamps, livestock and tobacco.
Financial services are on the increase.
There is no income tax in Andorra and the per capita income is among the highest in the world. In 1993, the country became a member of the United Nations in its own right.