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Economy of Afghanistan vs Antigua and Barbuda compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $2.22B for Antigua and Barbuda, ranking 137/197 and 175/197 by economy size, respectively.

Afghanistan has $1.42B in government debt (8.25% of GDP), compared to $1.49B (63.4% of GDP) in Antigua and Barbuda.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Afghanistan
GDP, current $

GDP, constant 2015 $
Antigua and Barbuda
GDP, current $

GDP, constant 2015 $
Year GDP
Afghanistan Antigua
Current $ Constant $ Current $ Constant $
1977 - - $77,507,407 $387,163,203
1978 - - $88,040,741 $404,134,550
1979 - - $109,596,296 $436,786,384
1980 - - $132,451,852 $472,436,818
1981 - - $149,388,889 $490,457,676
1982 - - $166,444,444 $490,048,111
1983 - - $184,866,667 $516,333,404
1984 - - $212,214,815 $568,819,883
1985 - - $246,370,370 $612,299,589
1986 - - $297,562,963 $682,675,280
1987 - - $346,866,667 $727,910,265
1988 - - $411,396,296 $765,857,188
1989 - - $455,174,074 $806,082,317
1990 - - $478,718,519 $830,360,010
1991 - - $504,337,037 $848,435,720
1992 - - $525,133,333 $858,265,279
1993 - - $565,662,963 $903,580,714
1994 - - $625,081,481 $963,907,436
1995 - - $616,051,852 $921,883,147
1996 - - $679,140,741 $982,773,021
1997 - - $734,422,222 $1,036,543,047
1998 - - $789,788,889 $1,085,584,792
1999 - - $835,544,444 $1,125,835,518
2000 $3,521,418,060 $6,206,547,590 $901,003,704 $1,195,677,312
2001 $2,813,571,754 $5,621,147,631 $877,774,074 $1,141,296,595
2002 $3,825,701,439 $7,228,795,919 $898,092,593 $1,153,020,391
2003 $4,520,946,819 $7,867,263,256 $948,100,000 $1,223,085,251
2004 $5,224,896,719 $7,978,515,642 $1,026,329,630 $1,293,621,842
2005 $6,203,256,539 $8,874,480,196 $1,143,896,296 $1,377,366,903
2006 $6,971,758,282 $9,349,921,886 $1,303,674,074 $1,552,404,720
2007 $9,747,886,187 $10,642,671,963 $1,487,381,481 $1,697,014,056
2008 $10,109,297,048 $11,060,395,116 $1,557,640,741 $1,696,776,362
2009 $12,416,152,732 $13,426,272,073 $1,386,518,519 $1,493,793,051
2010 $15,856,668,556 $15,354,612,542 $1,298,348,148 $1,376,672,105
2011 $17,805,098,206 $15,420,077,666 $1,287,359,259 $1,349,706,642
2012 $19,907,329,778 $17,386,490,239 $1,364,729,630 $1,395,234,173
2013 $20,146,416,758 $18,360,263,163 $1,325,496,296 $1,386,849,062
2014 $20,497,128,556 $18,860,496,494 $1,378,707,407 $1,417,336,053
2015 $19,134,221,645 $19,134,221,645 $1,437,485,185 $1,437,485,185
2016 $18,116,572,395 $19,566,715,174 $1,489,603,704 $1,496,714,858
2017 $18,753,456,498 $20,084,646,751 $1,534,855,556 $1,537,316,640
2018 $18,053,222,687 $20,323,499,020 $1,661,529,630 $1,640,501,408
2019 $18,799,444,490 $21,118,473,702 $1,726,448,148 $1,692,541,753
2020 $19,955,929,052 $20,621,957,125 $1,411,637,037 $1,373,179,832
2021 $14,259,995,441 $16,345,202,563 $1,602,125,926 $1,485,407,940
2022 $14,497,243,872 $15,325,233,810 $1,866,566,667 $1,620,696,017
2023 $17,152,234,637 $15,672,648,238 $2,005,785,185 $1,660,036,193
2024 - - $2,224,814,815 $1,731,874,615

Economic indicators

Afghanistan Antigua
Gross domestic product
$17.2B
2023
$2.22B
2024
GDP rank
137/197
2023
175/197
2024
GDP growth
18.3%
2022-2023
10.9%
2023-2024
GDP per capita
$414
2023
$23,726
2024
GDP per capita rank
196/197
2023
52/197
2024
GDP per capita, PPP
$2,202
2023
$33,602
2024
Government debt
$1.42B
2023
$1.49B
2024
Debt-to-GDP ratio
8.25%
2023
63.4%
2025
Government debt per person
$34.2
2023
$15,910
2024
Government debt per person rank
185/185
2023
38/185
2024
Average annual personal income after taxes
$1,632
2025
$15,556
2025
Government expenditure, % of GDP
17%
2023
21.2%
2025
Consumer prices inflation
-4.3%
2023-2024
3.5%
2024-2025
Central bank interest rate
6%
2021
n/a
Unemployment rate
5.68%
2021
5.37%
2023
Population
44810409
94540

GDP per capita in Afghanistan vs Antigua and Barbuda

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $23,726 in Antigua and Barbuda, ranking 52/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Antigua and Barbuda ranks 65th at $33,602.

Afghanistan
GDP per capita

GDP per capita, PPP
Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Year Current $
Afghanistan Antigua
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1977 - - $1,214 -
1978 - - $1,375 -
1979 - - $1,705 -
1980 - - $2,053 -
1981 - - $2,310 -
1982 - - $2,569 -
1983 - - $2,847 -
1984 - - $3,271 -
1985 - - $3,814 -
1986 - - $4,629 -
1987 - - $5,424 -
1988 - - $6,466 -
1989 - - $7,188 -
1990 - - $7,591 $12,996
1991 - - $7,956 $13,658
1992 - - $8,154 $13,908
1993 - - $8,625 $14,720
1994 - - $9,351 $15,736
1995 - - $9,034 $15,062
1996 - - $9,756 $16,017
1997 - - $10,336 $16,836
1998 - - $10,907 $17,496
1999 - - $11,342 $18,088
2000 $174.9 $814 $12,027 $19,319
2001 $138.7 $748 $11,539 $18,569
2002 $179 $927 $11,659 $18,813
2003 $198.9 $967 $12,173 $20,127
2004 $221.8 $972 $13,038 $21,629
2005 $254.2 $1,076 $14,369 $23,485
2006 $274.2 $1,122 $16,174 $26,949
2007 $376 $1,287 $18,205 $29,851
2008 $382 $1,334 $18,787 $29,978
2009 $452 $1,571 $16,472 $26,157
2010 $561 $1,766 $15,217 $24,071
2011 $607 $1,744 $14,912 $23,804
2012 $651 $1,988 $15,640 $23,012
2013 $637 $2,133 $15,052 $21,761
2014 $625 $2,224 $15,532 $21,671
2015 $566 $2,284 $16,078 $20,985
2016 $522 $2,213 $16,557 $21,320
2017 $525 $2,336 $16,966 $21,422
2018 $491 $2,432 $18,273 $24,524
2019 $497 $2,583 $18,896 $26,551
2020 $511 $2,562 $15,370 $22,370
2021 $356 $2,144 $17,349 $25,745
2022 $357 $2,123 $20,105 $29,934
2023 $414 $2,202 $21,495 $31,602
2024 - - $23,726 $33,602

Spending and national debt comparison

In 2024, Afghanistan's government spending was $2.91B, accounting for 17% of its GDP, while Antigua and Barbuda's spent $421M, or 21.2% of GDP.

Debt-to-GDP ratio is 8.25% in Afghanistan and 63.4% in Antigua and Barbuda, ranking 181/185 and 71/185, respectively.

Afghanistan
Government spending

Government debt
Antigua and Barbuda
Government spending

Government debt
Year % of GDP
Afghanistan Antigua
Government spending Government debt Government spending Government debt
1990 - - 18.1% 94.1%
1991 - - 20.8% 94.6%
1992 - - 18.7% 90.8%
1993 - - 19.4% 85.3%
1994 - - 21.2% 84.5%
1995 - - 21% 92.1%
1996 - - 19.6% 85.5%
1997 - - 16.8% 80.6%
1998 - - 20.7% 94.6%
1999 - - 20.3% 95.9%
2000 - - 21.1% 96.4%
2001 - - 24.2% 107.6%
2002 6.94% 346% 26.3% 114.5%
2003 11.9% 270.6% 24.2% 113%
2004 15.1% 245% 21.9% 107.7%
2005 15.7% 206.4% 21.5% 82.8%
2006 18.3% 23% 26% 79.1%
2007 21.4% 20.1% 23.8% 68.7%
2008 20.9% 19.1% 23.2% 66.8%
2009 21.2% 16.2% 32.1% 89.2%
2010 20.8% 7.7% 20% 79.4%
2011 21.9% 7.5% 21.1% 81.1%
2012 25% 6.76% 18.5% 76.9%
2013 25% 6.9% 20.7% 85.4%
2014 25.4% 8.7% 20.9% 91.9%
2015 25.9% 9.15% 24.8% 92.1%
2016 28% 8.44% 23.8% 83.1%
2017 27.7% 8% 22.6% 88.2%
2018 28.9% 7.38% 21.5% 84.3%
2019 28% 6.14% 22.1% 81.6%
2020 27.9% 7.33% 26% 100.5%
2021 17.9% 11.1% 23.4% 93%
2022 16.1% 10.6% 20.7% 82%
2023 17% 8.25% 18.8% 76.3%
2024 - - 18.9% 67.1%
2025 - - 21.2% 63.4%

Government deficit by year

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was -$234M, equivalent to -1.36% of GDP. This compares to Antigua and Barbuda's deficit of -$34.1M, or -1.7% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Antigua and Barbuda ran a deficit in 22 years. On average, Afghanistan posted an annual deficit equal to -0.97% of GDP, compared to deficit of -4.27% of GDP for Antigua and Barbuda.

Deficit/surplus
Afghanistan

Antigua and Barbuda
Year Deficit/surplus, % of GDP
Afghanistan Antigua
1990 - 0.12%
1991 - -3.91%
1992 - -0.81%
1993 - -2.45%
1994 - -4.33%
1995 - -3.89%
1996 - -1.61%
1997 - 0%
1998 - -1.62%
1999 - -3.08%
2000 - -4.5%
2001 - -8.58%
2002 -0.1% -8.83%
2003 -2.1% -7.32%
2004 -2.39% -3.9%
2005 -0.92% -4.29%
2006 0.68% -6.62%
2007 -2.46% -4.98%
2008 -3.86% -4.72%
2009 -1.76% -15.8%
2010 0.93% -0.24%
2011 -0.67% -3.09%
2012 0.18% -0.97%
2013 -0.63% -3.83%
2014 -1.72% -2.6%
2015 -1.38% -2.42%
2016 0.13% -0.14%
2017 -0.67% -2.72%
2018 1.63% -2.43%
2019 -1.06% -3.64%
2020 -2.24% -6.23%
2021 -0.48% -4.52%
2022 -1% -2.84%
2023 -1.36% -1.7%
2024 - 2.47%
2025 - -1.3%

Inflation comparison by year

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 2.43% in Antigua and Barbuda. In 2024, inflation was -4.3% in Afghanistan and 3.5% in Antigua and Barbuda.

Inflation
Afghanistan

Antigua and Barbuda
Year Inflation
Afghanistan Antigua Afghanistan Antigua
1996 - 3%
1997 - 0.4%
1998 - 3.3%
1999 - 1.1%
2000 - -0.2%
2001 - 1.9%
2002 - 2.4%
2003 35.7% 2%
2004 16.4% 2%
2005 10.6% 2.1%
2006 6.8% 1.8%
2007 8.7% 1.4%
2008 26.4% 5.3%
2009 -6.8% -0.6%
2010 2.2% 3.4%
2011 11.8% 3.5%
2012 6.4% 3.4%
2013 7.4% 1.1%
2014 4.7% 1.1%
2015 -0.7% 1%
2016 4.4% -0.5%
2017 5% 2.4%
2018 0.6% 1.2%
2019 2.3% 1.4%
2020 5.6% 1.1%
2021 7.8% 1.6%
2022 10.6% 7.5%
2023 -7.7% 5.1%
2024 -4.3% 6.2%
2025 - 3.5%

Balance of trade

Afghanistan Antigua
Current account balance
-$3.14B
2020
-$181M
2024
Current account balance ranking
157/189
2020
95/189
2024
Current account balance, % of GDP
-15.7%
2020
-8.15%
2024
Goods imports
$5.88B
2020
$726M
2024
Goods exports
$777M
2020
$72.1M
2024
Service imports
$1.11B
2020
$557M
2024
Service exports
$700M
2020
$1.24B
2024
Imports of goods and services, % of GDP
50.7%
2023
63%
2022
Exports of goods and services, % of GDP
16.9%
2023
54.7%
2022

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Antigua
Economic freedom 53 56
Economic freedom ranking 142/197 123/197
Property rights 7.4 n/a
Government integrity 14.1 n/a
Judicial effectiveness 2.7 n/a
Tax burden 91.1 n/a
Government spending 76.1 n/a
Fiscal health 99.9 n/a
Business freedom 34.6 n/a
Labor freedom 45.1 n/a
Monetary freedom 80.8 n/a
Trade freedom 68.6 n/a
Investment freedom 10 n/a
Financial freedom 10 n/a

More economic indicators

Afghanistan Antigua
Services, % of GDP
46.4%
2023
69.1%
2023
Industry, % of GDP
13.4%
2023
19%
2023
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
1.94%
2023
GNI, Atlas method
$15.5B
2023
$2B
2024
GNI per capita, PPP
$2,210
2023
$32,060
2024
Total reserves including gold
$9.75B
2020
$358M
2024
Total reserves ranking
78/177
2020
164/177
2024
Net foreign direct investment
$24.3M
2020
-$253M
2024
Net inflows of foreign direct investment
$20.6M
2021
$271M
2024
Net outflows of foreign direct investment
$30.8M
2021
$17.9M
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
n/a
Poverty at national poverty lines
47.1%
2019
n/a
Gross capital formation, % of GDP
15.3%
2023
n/a

GDP per capita map

GDP per capita

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.