Andean Potoo has a wide distribution, but within its range it is reported from only a small number of sites. Furthermore, the population size, while not quantified, is believed to be declining. Nonetheless, Andean Potoo does not meet any of the criteria necessary to be considered at risk, and so its IUCN Red List status is assessed as Least Concern (BirdLife International 2012).
The relative abundance of Andean Potoo is assessed as "very rare" (Colombia, Hilty and Brown 1986), "very rare to rare and apparently local" (Ecuador, Ridgely and Greenfield 2001a), "rare" (Venezuela, Hilty 2003), and "rare and local (but also possibly overlooked?)" (Peru, Schulenberg et al. 2007).