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

Updated on by Georank team

Albania has a GDP of $27B compared to $2.21B for Antigua and Barbuda, ranking 112/197 and 177/197 by economy size, respectively.

Albania has $15.2B in government debt (56% of GDP), compared to $1.49B (67.6% of GDP) in Antigua and Barbuda.

Albania vs Antigua and Barbuda GDP by year

Albania
Antigua and Barbuda
1x
Year GDP, current $
Albania Antigua
2024 $27,046,429,297 $2,207,622,874
2023 $23,491,242,727 $2,005,785,185
2022 $19,017,247,014 $1,866,566,667
2021 $18,031,989,573 $1,602,125,926
2020 $15,241,458,745 $1,411,637,037
2019 $15,585,111,614 $1,726,448,148
2018 $15,379,508,330 $1,661,529,630
2017 $13,258,268,436 $1,534,855,556
2016 $11,988,668,785 $1,489,603,704
2015 $11,470,171,827 $1,437,485,185
2014 $13,296,322,588 $1,378,707,407
2013 $12,796,985,886 $1,325,496,296
2012 $12,246,499,748 $1,364,729,630
2011 $12,973,755,875 $1,287,359,259
2010 $12,086,545,641 $1,298,348,148
2009 $12,335,540,656 $1,386,518,519
2008 $13,258,506,375 $1,557,640,741
2007 $11,116,937,870 $1,487,381,481
2006 $9,150,528,132 $1,303,674,074
2005 $8,256,658,250 $1,143,896,296
2004 $7,406,645,793 $1,026,329,630
2003 $5,801,712,040 $948,100,000
2002 $4,515,003,117 $898,092,593
2001 $4,059,064,033 $877,774,074
2000 $3,584,570,165 $901,003,704
1999 $3,283,941,510 $835,544,444
1998 $2,600,356,999 $789,788,889
1997 $2,293,666,030 $734,422,222
1996 $3,234,486,232 $679,140,741
1995 $2,905,092,799 $616,051,852
1994 $1,880,950,864 $625,081,481
1993 $1,185,315,468 $565,662,963
1992 $652,174,991 $525,133,333
1991 $1,099,559,028 $504,337,037
1990 $2,028,553,750 $478,718,519
1989 $2,253,090,000 $455,174,074
1988 $2,051,236,250 $411,396,296
1987 $2,080,796,250 $346,866,667
1986 $2,097,326,250 $297,562,963
1985 $1,897,050,117 $246,370,370
1984 $1,857,337,995 $212,214,815
1983 $1,881,412,587 $184,866,667
1982 $1,861,163,170 $166,444,444
1981 $1,808,177,156 $149,388,889
1980 $1,578,102,105 $132,451,852
1979 - $109,596,296
1978 - $88,040,741
1977 - $77,507,407

Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).

GeoRank.org/economy/albania/antigua-and-barbuda | CC BY

GDP per capita in Albania vs Antigua and Barbuda by year

Albania
GDP per capita

GDP per capita, PPP
Antigua and Barbuda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Antigua
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $11,378 $26,702 $23,542 $33,386
2023 $9,731 $24,822 $21,495 $31,602
2022 $7,757 $22,138 $20,105 $29,934
2021 $7,242 $18,213 $17,349 $25,745
2020 $6,028 $16,288 $15,370 $22,370
2019 $6,069 $16,442 $18,896 $26,551
2018 $5,898 $15,055 $18,273 $24,524
2017 $5,006 $14,111 $16,966 $21,422
2016 $4,458 $13,056 $16,557 $21,320
2015 $4,200 $12,387 $16,078 $20,985
2014 $4,794 $11,788 $15,532 $21,671
2013 $4,543 $10,882 $15,052 $21,761
2012 $4,281 $10,609 $15,640 $23,012
2011 $4,466 $10,273 $14,912 $23,804
2010 $4,149 $9,755 $15,217 $24,071
2009 $4,214 $9,031 $16,472 $26,157
2008 $4,499 $8,469 $18,787 $29,978
2007 $3,743 $7,585 $18,205 $29,851
2006 $3,058 $6,753 $16,174 $26,949
2005 $2,742 $6,014 $14,369 $23,485
2004 $2,447 $5,595 $13,038 $21,629
2003 $1,909 $5,169 $12,173 $20,127
2002 $1,480 $4,840 $11,659 $18,813
2001 $1,326 $4,451 $11,539 $18,569
2000 $1,160 $3,978 $12,027 $19,319
1999 $1,056 $3,549 $11,342 $18,088
1998 $831 $3,086 $10,907 $17,496
1997 $729 $2,760 $10,336 $16,836
1996 $1,021 $3,054 $9,756 $16,017
1995 $911 $2,777 $9,034 $15,062
1994 $586 $2,385 $9,351 $15,736
1993 $367 $2,143 $8,625 $14,720
1992 $200.9 $1,899 $8,154 $13,908
1991 $337 $1,989 $7,956 $13,658
1990 $617 $2,656 $7,591 $12,996
1989 $698 - $7,188 -
1988 $653 - $6,466 -
1987 $675 - $5,424 -
1986 $694 - $4,629 -
1985 $640 - $3,814 -
1984 $639 - $3,271 -
1983 $662 - $2,847 -
1982 $668 - $2,569 -
1981 $663 - $2,310 -
1980 $591 - $2,053 -
1979 - - $1,705 -
1978 - - $1,375 -
1977 - - $1,214 -

Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).

GeoRank.org/economy/albania/antigua-and-barbuda | CC BY

Albania's GDP per capita is $11,378, ranking 82/197, compared to $23,542 in Antigua and Barbuda, ranking 53/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Antigua and Barbuda ranks 66th at $33,386.

Economic indicators

Albania Antigua
Gross domestic product
$27B
2024
$2.21B
2024
GDP rank
112/197
2024
177/197
2024
GDP growth
4.05%
2023-2024
3.66%
2023-2024
GDP per capita
$11,378
2024
$23,542
2024
GDP per capita rank
82/197
2024
53/197
2024
GDP per capita, PPP
$26,702
2024
$33,386
2024
GDP per capita PPP rank
79/197
2024
66/197
2024
Government debt
$15.2B
2024
$1.49B
2024
Debt-to-GDP ratio
56%
2024
67.6%
2024
Government debt per person
$6,375
2024
$15,910
2024
Government debt per person rank
72/185
2024
39/185
2024
Average annual personal income after taxes
$9,075
2026
$16,563
2026
Number of billionaires
1
2025
n/a
Income share by richest 10%
22.8%
2020
n/a
Income share by poorest 10%
3.4%
2020
n/a
Government expenditure, % of GDP
28.9%
2024
19.8%
2024
Consumer prices inflation
2.2%
2023-2024
6.2%
2023-2024
Central bank interest rate
2.5%
2025
n/a
Unemployment rate
10.7%
2023
5.37%
2023
Population
2342753
94757

Spending and national debt comparison by year

Albania
Spending

Debt
Antigua and Barbuda
Spending

Debt
1x
Year % of GDP
Albania Antigua
Government spending Government debt Government spending Government debt
2024 28.9% 56% 19.8% 67.6%
2023 28.5% 58% 18.8% 76.3%
2022 30.3% 65.2% 20.7% 82%
2021 31.9% 74.8% 23.4% 93%
2020 32.4% 75.4% 26% 100.5%
2019 28.8% 66.6% 22.1% 81.6%
2018 28.7% 68.5% 21.5% 84.3%
2017 29.2% 71.9% 22.6% 88.2%
2016 29.1% 73.3% 23.8% 83.1%
2015 30.8% 73.7% 24.8% 92.1%
2014 31.7% 72% 20.9% 91.9%
2013 29.2% 70.4% 20.7% 85.4%
2012 28.2% 62.1% 18.5% 76.9%
2011 28.9% 59.4% 21.1% 81.1%
2010 29.4% 57.7% 20% 79.4%
2009 32.7% 59.7% 32.1% 89.2%
2008 31.7% 55.1% 23.2% 66.8%
2007 29.3% 53.6% 23.8% 68.7%
2006 29.2% 56.7% 26% 79.1%
2005 28.9% 58.2% 21.5% 82.8%
2004 30.2% 57.5% 21.9% 107.7%
2003 29.7% 60.2% 24.2% 113%
2002 31.5% 64.1% 26.3% 114.5%
2001 32.7% 60.6% 24.2% 107.6%
2000 33.8% 63.8% 21.1% 96.4%
1999 37.1% 68.2% 20.3% 95.9%
1998 36.8% 71.2% 20.7% 94.6%
1997 30.3% 72.2% 16.8% 80.6%
1996 - - 19.6% 85.5%
1995 - - 21% 92.1%
1994 - - 21.2% 84.5%
1993 - - 19.4% 85.3%
1992 - - 18.7% 90.8%
1991 - - 20.8% 94.6%
1990 - - 18.1% 94.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/albania/antigua-and-barbuda | CC BY

In 2024, Albania's government spending was $7.83B, accounting for 28.9% of its GDP, while Antigua and Barbuda spent $437M, or 19.8% of GDP.

Debt-to-GDP ratio is 56% in Albania and 67.6% in Antigua and Barbuda, ranking 94/185 and 63/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Antigua and Barbuda
1x
Year Deficit/surplus, % of GDP
Albania Antigua
2024 -0.72% 1.61%
2023 -1.32% -1.7%
2022 -3.64% -2.84%
2021 -4.57% -4.52%
2020 -6.67% -6.23%
2019 -1.92% -3.64%
2018 -1.6% -2.43%
2017 -1.41% -2.72%
2016 -1.5% -0.14%
2015 -4.32% -2.42%
2014 -5.46% -2.6%
2013 -5.22% -3.83%
2012 -3.44% -0.97%
2011 -3.52% -3.09%
2010 -3.52% -0.24%
2009 -6.59% -15.8%
2008 -4.88% -4.72%
2007 -3.18% -4.98%
2006 -3.26% -6.62%
2005 -3.46% -4.29%
2004 -5.16% -3.9%
2003 -5.01% -7.32%
2002 -6.21% -8.83%
2001 -6.84% -8.58%
2000 -7.77% -4.5%
1999 -8.84% -3.08%
1998 -9.93% -1.62%
1997 -11.9% 0%
1996 - -1.61%
1995 - -3.89%
1994 - -4.33%
1993 - -2.45%
1992 - -0.81%
1991 - -3.91%
1990 - 0.12%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/albania/antigua-and-barbuda | CC BY

In 2024, Albania's government deficit, the difference between spending and revenue, was $196M, equivalent to 0.72% of GDP. This compares to Antigua and Barbuda's surplus of $35.6M, or 1.61% of GDP.

Over the past 28 years, Albania recorded a fiscal deficit in 28 of those years, while Antigua and Barbuda ran a deficit in 26 years. On average, Albania posted an annual deficit equal to 4.71% of GDP, compared to deficit of 3.93% of GDP for Antigua and Barbuda.

Inflation comparison by year

Inflation
Albania

Antigua and Barbuda
1x
Year Consumer prices inflation
Albania Antigua
2024 2.2% 6.2%
2023 4.8% 5.1%
2022 6.7% 7.5%
2021 2% 1.6%
2020 1.6% 1.1%
2019 1.4% 1.4%
2018 2% 1.2%
2017 2% 2.4%
2016 1.3% -0.5%
2015 1.9% 1%
2014 1.6% 1.1%
2013 1.9% 1.1%
2012 2% 3.4%
2011 3.4% 3.5%
2010 3.6% 3.4%
2009 2.2% -0.6%
2008 3.3% 5.3%
2007 3% 1.4%
2006 2.4% 1.8%
2005 2.4% 2.1%
2004 2.9% 2%
2003 2.4% 2%
2002 5.2% 2.4%
2001 3.1% 1.9%
2000 0% -0.2%
1999 0.4% 1.1%
1998 20.6% 3.3%
1997 33.2% 0.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/albania/antigua-and-barbuda | CC BY

Over the past 28 years, Albania has recorded an average annual inflation rate of 4.27%, compared with 2.23% in Antigua and Barbuda. In 2024, inflation was 2.2% in Albania and 6.2% in Antigua and Barbuda.

Top exports between countries

Albania
Export category Export value
Wood & paper products $20K
Antigua
Export category Export value
Machinery & equipment $4K

Balance of trade

Albania Antigua
Current account balance
-$648M
2024
-$181M
2024
Current account balance ranking
112/190
2024
98/190
2024
Current account balance, % of GDP
-2.4%
2024
-8.22%
2024
Goods imports
$7.87B
2024
$726M
2024
Goods exports
$1.82B
2024
$72.1M
2024
Service imports
$3.83B
2024
$557M
2024
Service exports
$8.03B
2024
$1.24B
2024
Imports of goods and services, % of GDP
43.2%
2024
63%
2022
Exports of goods and services, % of GDP
36.3%
2024
54.7%
2022

Economic freedom indices

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

Albania Antigua
Economic freedom 68 56
Economic freedom ranking 50/197 125/197
Property rights 57.6 n/a
Government integrity 41.9 n/a
Judicial effectiveness 59.9 n/a
Tax burden 89.3 n/a
Government spending 74.3 n/a
Fiscal health 88 n/a
Business freedom 76.6 n/a
Labor freedom 46.2 n/a
Monetary freedom 78.6 n/a
Trade freedom 83 n/a
Investment freedom 60 n/a
Financial freedom 60 n/a

Other economic metrics

Albania Antigua
Services, % of GDP
48.7%
2024
69.1%
2023
Industry, % of GDP
22.4%
2024
19%
2023
Agriculture, forestry, and fishing, % of GDP
15.5%
2024
1.94%
2023
GNI, Atlas method
$23.6B
2024
$1.98B
2024
GNI per capita, PPP
$26,500
2024
$31,730
2024
Total reserves including gold
$6.52B
2024
$358M
2024
Total reserves ranking
89/177
2024
164/177
2024
Net foreign direct investment
-$1.45B
2024
-$253M
2024
Net inflows of foreign direct investment
$1.71B
2024
$246M
2024
Net outflows of foreign direct investment
$261M
2024
-$68.4K
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
n/a
Poverty at national poverty lines
19.7%
2022
n/a
Gross capital formation, % of GDP
25%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/albania/antigua-and-barbuda | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. TradeMap (2021–2023, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.