Antigua and Barbuda ranked 175/197 by economy size with a GDP of $2.22B and 52/197 by GDP per capita at $23,726. Antigua and Barbuda has $1.49B in government debt, with a debt-to-GDP ratio of 63.4%.
In 2025, Antigua and Barbuda made up 0.002% of the world's economy, compared to 0.001% in 1977.
The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.
| Year | GDP | GDP growth | |
|---|---|---|---|
| Current $ | Constant $ | ||
| 1977 | $77,507,407 | $387,163,203 | - |
| 1978 | $88,040,741 | $404,134,550 | 13.6% |
| 1979 | $109,596,296 | $436,786,384 | 24.5% |
| 1980 | $132,451,852 | $472,436,818 | 20.9% |
| 1981 | $149,388,889 | $490,457,676 | 12.8% |
| 1982 | $166,444,444 | $490,048,111 | 11.4% |
| 1983 | $184,866,667 | $516,333,404 | 11.1% |
| 1984 | $212,214,815 | $568,819,883 | 14.8% |
| 1985 | $246,370,370 | $612,299,589 | 16.1% |
| 1986 | $297,562,963 | $682,675,280 | 20.8% |
| 1987 | $346,866,667 | $727,910,265 | 16.6% |
| 1988 | $411,396,296 | $765,857,188 | 18.6% |
| 1989 | $455,174,074 | $806,082,317 | 10.6% |
| 1990 | $478,718,519 | $830,360,010 | 5.17% |
| 1991 | $504,337,037 | $848,435,720 | 5.35% |
| 1992 | $525,133,333 | $858,265,279 | 4.12% |
| 1993 | $565,662,963 | $903,580,714 | 7.72% |
| 1994 | $625,081,481 | $963,907,436 | 10.5% |
| 1995 | $616,051,852 | $921,883,147 | -1.44% |
| 1996 | $679,140,741 | $982,773,021 | 10.2% |
| 1997 | $734,422,222 | $1,036,543,047 | 8.14% |
| 1998 | $789,788,889 | $1,085,584,792 | 7.54% |
| 1999 | $835,544,444 | $1,125,835,518 | 5.79% |
| 2000 | $901,003,704 | $1,195,677,312 | 7.83% |
| 2001 | $877,774,074 | $1,141,296,595 | -2.58% |
| 2002 | $898,092,593 | $1,153,020,391 | 2.31% |
| 2003 | $948,100,000 | $1,223,085,251 | 5.57% |
| 2004 | $1,026,329,630 | $1,293,621,842 | 8.25% |
| 2005 | $1,143,896,296 | $1,377,366,903 | 11.5% |
| 2006 | $1,303,674,074 | $1,552,404,720 | 14% |
| 2007 | $1,487,381,481 | $1,697,014,056 | 14.1% |
| 2008 | $1,557,640,741 | $1,696,776,362 | 4.72% |
| 2009 | $1,386,518,519 | $1,493,793,051 | -11% |
| 2010 | $1,298,348,148 | $1,376,672,105 | -6.36% |
| 2011 | $1,287,359,259 | $1,349,706,642 | -0.85% |
| 2012 | $1,364,729,630 | $1,395,234,173 | 6.01% |
| 2013 | $1,325,496,296 | $1,386,849,062 | -2.87% |
| 2014 | $1,378,707,407 | $1,417,336,053 | 4.01% |
| 2015 | $1,437,485,185 | $1,437,485,185 | 4.26% |
| 2016 | $1,489,603,704 | $1,496,714,858 | 3.63% |
| 2017 | $1,534,855,556 | $1,537,316,640 | 3.04% |
| 2018 | $1,661,529,630 | $1,640,501,408 | 8.25% |
| 2019 | $1,726,448,148 | $1,692,541,753 | 3.91% |
| 2020 | $1,411,637,037 | $1,373,179,832 | -18.2% |
| 2021 | $1,602,125,926 | $1,485,407,940 | 13.5% |
| 2022 | $1,866,566,667 | $1,620,696,017 | 16.5% |
| 2023 | $2,005,785,185 | $1,660,036,193 | 7.46% |
| 2024 | $2,224,814,815 | $1,731,874,615 | 10.9% |
Economic Statistics of Antigua and Barbuda
Antigua
|
Rank | |
|---|---|---|
| Gross domestic product |
$2.22B
2024 |
175/197 |
| GDP growth |
10.9%
2023-2024 |
30/196 |
| GDP per capita |
$23,726
2024 |
52/197 |
| GDP per capita, PPP |
$33,602
2024 |
65/197 |
| Government debt |
$1.49B
2024 |
163/185 |
| Debt-to-GDP ratio |
63.4%
2025 |
71/185 |
| Government debt per person |
$15,910
2024 |
38/185 |
| Average annual personal income after taxes |
$15,556
2025 |
54/197 |
| Government expenditure, % of GDP |
21.2%
2025 |
153/195 |
| Consumer prices inflation |
3.5%
2024-2025 |
88/195 |
| Unemployment rate |
5.37%
2023 |
91/196 |
| Population |
94540
|
185/197 |
Antigua and Barbuda's GDP per capita
Antigua and Barbuda has a GDP per capita of $23,726, ranking 52/197, a GDP per capita based on purchasing power parity (PPP) of $33,602, ranking 65/197, and a median annual after tax income of $15,556, ranking 54/197.
| Year | Current $ | |
|---|---|---|
| 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 | $12,027 | $19,319 |
| 2001 | $11,539 | $18,569 |
| 2002 | $11,659 | $18,813 |
| 2003 | $12,173 | $20,127 |
| 2004 | $13,038 | $21,629 |
| 2005 | $14,369 | $23,485 |
| 2006 | $16,174 | $26,949 |
| 2007 | $18,205 | $29,851 |
| 2008 | $18,787 | $29,978 |
| 2009 | $16,472 | $26,157 |
| 2010 | $15,217 | $24,071 |
| 2011 | $14,912 | $23,804 |
| 2012 | $15,640 | $23,012 |
| 2013 | $15,052 | $21,761 |
| 2014 | $15,532 | $21,671 |
| 2015 | $16,078 | $20,985 |
| 2016 | $16,557 | $21,320 |
| 2017 | $16,966 | $21,422 |
| 2018 | $18,273 | $24,524 |
| 2019 | $18,896 | $26,551 |
| 2020 | $15,370 | $22,370 |
| 2021 | $17,349 | $25,745 |
| 2022 | $20,105 | $29,934 |
| 2023 | $21,495 | $31,602 |
| 2024 | $23,726 | $33,602 |
Antigua and Barbuda's government spending, deficit, and chart
This chart shows Antigua and Barbuda's government spending, budget balance, and debt over time, each expressed as a share of GDP.
Over the past 36 years, Antigua and Barbuda recorded a fiscal deficit in 33 years — average annual deficit equal to -3.54% of GDP. In 2024, government spending reached $421M (21.2% of GDP), with a deficit of -1.3%.
The national debt reached $1.49B, ranking 163rd out of 185 countries by total size, with a debt-to-GDP ratio of 63.4%, ranking 71st.
| Year | % of GDP | ||
|---|---|---|---|
| Government spending | Government debt | Government deficit/surplus | |
| 1990 | 18.1% | 94.1% | 0.12% |
| 1991 | 20.8% | 94.6% | -3.91% |
| 1992 | 18.7% | 90.8% | -0.81% |
| 1993 | 19.4% | 85.3% | -2.45% |
| 1994 | 21.2% | 84.5% | -4.33% |
| 1995 | 21% | 92.1% | -3.89% |
| 1996 | 19.6% | 85.5% | -1.61% |
| 1997 | 16.8% | 80.6% | 0% |
| 1998 | 20.7% | 94.6% | -1.62% |
| 1999 | 20.3% | 95.9% | -3.08% |
| 2000 | 21.1% | 96.4% | -4.5% |
| 2001 | 24.2% | 107.6% | -8.58% |
| 2002 | 26.3% | 114.5% | -8.83% |
| 2003 | 24.2% | 113% | -7.32% |
| 2004 | 21.9% | 107.7% | -3.9% |
| 2005 | 21.5% | 82.8% | -4.29% |
| 2006 | 26% | 79.1% | -6.62% |
| 2007 | 23.8% | 68.7% | -4.98% |
| 2008 | 23.2% | 66.8% | -4.72% |
| 2009 | 32.1% | 89.2% | -15.8% |
| 2010 | 20% | 79.4% | -0.24% |
| 2011 | 21.1% | 81.1% | -3.09% |
| 2012 | 18.5% | 76.9% | -0.97% |
| 2013 | 20.7% | 85.4% | -3.83% |
| 2014 | 20.9% | 91.9% | -2.6% |
| 2015 | 24.8% | 92.1% | -2.42% |
| 2016 | 23.8% | 83.1% | -0.14% |
| 2017 | 22.6% | 88.2% | -2.72% |
| 2018 | 21.5% | 84.3% | -2.43% |
| 2019 | 22.1% | 81.6% | -3.64% |
| 2020 | 26% | 100.5% | -6.23% |
| 2021 | 23.4% | 93% | -4.52% |
| 2022 | 20.7% | 82% | -2.84% |
| 2023 | 18.8% | 76.3% | -1.7% |
| 2024 | 18.9% | 67.1% | 2.47% |
| 2025 | 21.2% | 63.4% | -1.3% |
Inflation rate by year
Over the past 20 years, Antigua and Barbuda has had an average annual inflation rate of 2.55%. In 2025, inflation was 3.5%. The bar chart below shows consumer price inflation by year.
| Year | Inflation |
|---|---|
| 1980 | 19% |
| 1981 | 11.5% |
| 1982 | 4.2% |
| 1983 | 2.3% |
| 1984 | 3.8% |
| 1985 | 1% |
| 1986 | 0.5% |
| 1987 | 3.6% |
| 1988 | 6.8% |
| 1989 | 4.4% |
| 1990 | 6.6% |
| 1991 | 4.5% |
| 1992 | 3% |
| 1993 | 3.1% |
| 1994 | 6.5% |
| 1995 | 2.7% |
| 1996 | 3% |
| 1997 | 0.4% |
| 1998 | 3.3% |
| 1999 | 1.1% |
| 2000 | -0.2% |
| 2001 | 1.9% |
| 2002 | 2.4% |
| 2003 | 2% |
| 2004 | 2% |
| 2005 | 2.1% |
| 2006 | 1.8% |
| 2007 | 1.4% |
| 2008 | 5.3% |
| 2009 | -0.6% |
| 2010 | 3.4% |
| 2011 | 3.5% |
| 2012 | 3.4% |
| 2013 | 1.1% |
| 2014 | 1.1% |
| 2015 | 1% |
| 2016 | -0.5% |
| 2017 | 2.4% |
| 2018 | 1.2% |
| 2019 | 1.4% |
| 2020 | 1.1% |
| 2021 | 1.6% |
| 2022 | 7.5% |
| 2023 | 5.1% |
| 2024 | 6.2% |
| 2025 | 3.5% |
Balance of trade
|
Antigua
|
Rank | |
|---|---|---|
Current account balance
|
-$181M
2024 |
95/189 |
| Current account balance, % of GDP |
-8.15%
2024 |
151/189 |
| Goods imports |
$726M
2024 |
168/188 |
| Goods exports |
$72.1M
2024 |
175/188 |
| Service imports |
$557M
2024 |
157/188 |
| Service exports |
$1.24B
2024 |
126/188 |
| Imports of goods and services, % of GDP |
63%
2022 |
44/180 |
| Exports of goods and services, % of GDP |
54.7%
2022 |
46/193 |
Antigua and Barbuda's top 10 trading partners
Antigua and Barbuda's biggest trading partner accounting for 53.5%% of all exports and imports is the United States, with a trade balance between the two of -$352M — Antigua and Barbuda exports $6.16M worth of goods and services to the United States and imports $358M.
Below is the list of the top 10 trade partners of Antigua and Barbuda.
| Rank | Country | Trade value | Share of total trade | Export to | Import from | Top export to | Top import from |
|---|---|---|---|---|---|---|---|
| 1 |
United States
|
$364M | 53.5% | $6.16M | $358M | Textiles & consumer goods | Machinery & equipment |
| 2 |
China
|
$37.8M | 5.56% | $3.28M | $34.6M | Animal & marine products | Machinery & equipment |
| 3 |
Trinidad
|
$28.7M | 4.21% | $504K | $28.2M | Machinery & equipment | Processed food, beverages & tobacco |
| 4 |
United Kingdom
|
$28.4M | 4.17% | $2.39M | $26M | Machinery & equipment | Metals |
| 5 |
Japan
|
$26.2M | 3.85% | $22K | $26.2M | Precious metals & jewellery | Machinery & equipment |
| 6 |
France
|
$12.1M | 1.77% | $1.87M | $10.2M | Textiles & consumer goods | Textiles & consumer goods |
| 7 |
Dominican Republic
|
$11.5M | 1.7% | $50K | $11.5M | Textiles & consumer goods | Metals |
| 8 |
Netherlands
|
$11.3M | 1.66% | $2.56M | $8.74M | Raw materials & minerals | Animal & marine products |
| 9 |
Brazil
|
$11.3M | 1.66% | $19K | $11.3M | Wood & paper products | Animal & marine products |
| 10 |
Jamaica
|
$9.86M | 1.45% | $294K | $9.57M | Machinery & equipment | Processed food, beverages & tobacco |
Antigua and Barbuda's top 10 exports
|
Antigua
|
Rank | |
|---|---|---|
| Transport & tourism services | $860M | 123/188 |
| Business & finance services | $102M | 127/188 |
| Machinery & equipment | $7.57M | 169/193 |
| Raw materials & minerals | $7.27M | 169/193 |
| Textiles & consumer goods | $5.41M | 152/193 |
| IT & IP services | $5.02M | 166/183 |
| Animal & marine products | $3.93M | 164/192 |
| Processed food, beverages & tobacco | $3.82M | 172/192 |
| Government & miscellaneous services | $2.58M | 162/180 |
| Metals | $2.02M | 173/192 |
Antigua and Barbuda's top 10 imports
|
Antigua
|
Rank | |
|---|---|---|
| Business & finance services | $248M | 132/188 |
| Machinery & equipment | $192M | 173/193 |
| Transport & tourism services | $174M | 167/188 |
| Processed food, beverages & tobacco | $98.7M | 172/193 |
| Textiles & consumer goods | $80M | 168/193 |
| Chemicals & pharma | $70M | 173/193 |
| Animal & marine products | $53.2M | 155/193 |
| Metals | $52.4M | 171/193 |
| Wood & paper products | $39.8M | 159/193 |
| Raw agricultural goods | $34.4M | 176/193 |
Economic freedom indices
|
Antigua
|
Rank | |
|---|---|---|
| Economic freedom | 56 | 123/197 |
More economic indicators
|
Antigua
|
Rank | |
|---|---|---|
| Services, % of GDP |
69.1%
2023 |
28/191 |
| Industry, % of GDP |
19%
2023 |
138/194 |
| Agriculture, forestry, and fishing, % of GDP |
1.94%
2023 |
150/193 |
|
GNI, Atlas method
|
$2B
2024 |
177/194 |
| GNI per capita, PPP |
$32,060
2024 |
65/191 |
| Total reserves including gold |
$358M
2024 |
164/177 |
|
Net foreign direct investment
|
-$253M
2024 |
88/188 |
|
Net inflows of foreign direct investment
|
$271M
2024 |
130/193 |
|
Net outflows of foreign direct investment
|
$17.9M
2024 |
118/187 |
Compare countries by 7 more topics
GDP per capita map
GDP per capita
Relevant pages:
Antigua topic pages:
Economy comparisons
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.