Antigua and Barbuda ranked 177/197 by economy size with a GDP of $2.21B and 53/197 by GDP per capita at $23,542. Antigua and Barbuda has $1.49B in government debt, with a debt-to-GDP ratio of 67.6%.
In 2024, Antigua and Barbuda made up 0.002% of the world's economy, compared to 0.001% in 1977.
Antigua and Barbuda GDP & GDP growth by year
| Year | GDP | GDP growth |
|---|---|---|
| 2024 | $2,207,622,874 | 3.66% |
| 2023 | $2,005,785,185 | 2.43% |
| 2022 | $1,866,566,667 | 9.11% |
| 2021 | $1,602,125,926 | 8.17% |
| 2020 | $1,411,637,037 | -18.9% |
| 2019 | $1,726,448,148 | 3.17% |
| 2018 | $1,661,529,630 | 6.71% |
| 2017 | $1,534,855,556 | 2.71% |
| 2016 | $1,489,603,704 | 4.12% |
| 2015 | $1,437,485,185 | 1.42% |
| 2014 | $1,378,707,407 | 2.2% |
| 2013 | $1,325,496,296 | -0.6% |
| 2012 | $1,364,729,630 | 3.37% |
| 2011 | $1,287,359,259 | -1.96% |
| 2010 | $1,298,348,148 | -7.84% |
| 2009 | $1,386,518,519 | -12% |
| 2008 | $1,557,640,741 | -0.01% |
| 2007 | $1,487,381,481 | 9.32% |
| 2006 | $1,303,674,074 | 12.7% |
| 2005 | $1,143,896,296 | 6.47% |
| 2004 | $1,026,329,630 | 5.77% |
| 2003 | $948,100,000 | 6.08% |
| 2002 | $898,092,593 | 1.03% |
| 2001 | $877,774,074 | -4.55% |
| 2000 | $901,003,704 | 6.2% |
| 1999 | $835,544,444 | 3.71% |
| 1998 | $789,788,889 | 4.73% |
| 1997 | $734,422,222 | 5.47% |
| 1996 | $679,140,741 | 6.6% |
| 1995 | $616,051,852 | -4.36% |
| 1994 | $625,081,481 | 6.68% |
| 1993 | $565,662,963 | 5.28% |
| 1992 | $525,133,333 | 1.16% |
| 1991 | $504,337,037 | 2.18% |
| 1990 | $478,718,519 | 3.01% |
| 1989 | $455,174,074 | 5.25% |
| 1988 | $411,396,296 | 5.21% |
| 1987 | $346,866,667 | 6.63% |
| 1986 | $297,562,963 | 11.5% |
| 1985 | $246,370,370 | 7.64% |
| 1984 | $212,214,815 | 10.2% |
| 1983 | $184,866,667 | 5.36% |
| 1982 | $166,444,444 | -0.08% |
| 1981 | $149,388,889 | 3.81% |
| 1980 | $132,451,852 | 8.16% |
| 1979 | $109,596,296 | 8.08% |
| 1978 | $88,040,741 | 4.38% |
| 1977 | $77,507,407 | - |
Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).
GeoRank.org/economy/antigua-and-barbuda | CC BY 
Antigua and Barbuda GDP per capita by year
| Year | Current $ | |
|---|---|---|
| GDP per capita | GDP per capita, PPP | |
| 2024 | $23,542 | $33,386 |
| 2023 | $21,495 | $31,602 |
| 2022 | $20,105 | $29,934 |
| 2021 | $17,349 | $25,745 |
| 2020 | $15,370 | $22,370 |
| 2019 | $18,896 | $26,551 |
| 2018 | $18,273 | $24,524 |
| 2017 | $16,966 | $21,422 |
| 2016 | $16,557 | $21,320 |
| 2015 | $16,078 | $20,985 |
| 2014 | $15,532 | $21,671 |
| 2013 | $15,052 | $21,761 |
| 2012 | $15,640 | $23,012 |
| 2011 | $14,912 | $23,804 |
| 2010 | $15,217 | $24,071 |
| 2009 | $16,472 | $26,157 |
| 2008 | $18,787 | $29,978 |
| 2007 | $18,205 | $29,851 |
| 2006 | $16,174 | $26,949 |
| 2005 | $14,369 | $23,485 |
| 2004 | $13,038 | $21,629 |
| 2003 | $12,173 | $20,127 |
| 2002 | $11,659 | $18,813 |
| 2001 | $11,539 | $18,569 |
| 2000 | $12,027 | $19,319 |
| 1999 | $11,342 | $18,088 |
| 1998 | $10,907 | $17,496 |
| 1997 | $10,336 | $16,836 |
| 1996 | $9,756 | $16,017 |
| 1995 | $9,034 | $15,062 |
| 1994 | $9,351 | $15,736 |
| 1993 | $8,625 | $14,720 |
| 1992 | $8,154 | $13,908 |
| 1991 | $7,956 | $13,658 |
| 1990 | $7,591 | $12,996 |
| 1989 | $7,188 | - |
| 1988 | $6,466 | - |
| 1987 | $5,424 | - |
| 1986 | $4,629 | - |
| 1985 | $3,814 | - |
| 1984 | $3,271 | - |
| 1983 | $2,847 | - |
| 1982 | $2,569 | - |
| 1981 | $2,310 | - |
| 1980 | $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/antigua-and-barbuda | CC BY
Antigua and Barbuda has a GDP per capita of $23,542, ranking 53/197, a GDP per capita based on purchasing power parity (PPP) of $33,386, ranking 66/197, and a median annual after tax income of $16,563, ranking 55/197.
Antigua and Barbuda GDP rankings by year
| Year | Rank | ||
|---|---|---|---|
| GDP | GDP per capita | GDP per capita, PPP | |
| 2024 | 168 | 50 | 60 |
| 2023 | 177 | 54 | 63 |
| 2022 | 175 | 53 | 62 |
| 2021 | 176 | 57 | 63 |
| 2020 | 178 | 55 | 63 |
| 2019 | 176 | 52 | 59 |
| 2018 | 176 | 53 | 60 |
| 2017 | 176 | 53 | 65 |
| 2016 | 176 | 54 | 63 |
| 2015 | 176 | 53 | 63 |
| 2014 | 178 | 54 | 62 |
| 2013 | 179 | 56 | 61 |
| 2012 | 176 | 53 | 55 |
| 2011 | 177 | 53 | 50 |
| 2010 | 177 | 50 | 49 |
| 2009 | 176 | 48 | 48 |
| 2008 | 173 | 46 | 42 |
| 2007 | 169 | 44 | 39 |
| 2006 | 168 | 45 | 41 |
| 2005 | 166 | 44 | 44 |
| 2004 | 168 | 43 | 43 |
| 2003 | 167 | 42 | 45 |
| 2002 | 166 | 40 | 44 |
| 2001 | 165 | 40 | 43 |
| 2000 | 163 | 37 | 39 |
| 1999 | 161 | 38 | 38 |
| 1998 | 164 | 39 | 37 |
| 1997 | 166 | 41 | 36 |
| 1996 | 166 | 41 | 35 |
| 1995 | 165 | 41 | 36 |
| 1994 | 159 | 38 | 33 |
| 1993 | 159 | 38 | 35 |
| 1992 | 157 | 40 | 36 |
| 1991 | 157 | 37 | 35 |
| 1990 | 156 | 40 | 38 |
| 1989 | 143 | 37 | - |
| 1988 | 144 | 36 | - |
| 1987 | 143 | 37 | - |
| 1986 | 138 | 38 | - |
| 1985 | 138 | 42 | - |
| 1984 | 136 | 47 | - |
| 1983 | 137 | 49 | - |
| 1982 | 138 | 54 | - |
| 1981 | 139 | 58 | - |
| 1980 | 140 | 62 | - |
| 1979 | 133 | 66 | - |
| 1978 | 134 | 66 | - |
| 1977 | 133 | 64 | - |
Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).
GeoRank.org/economy/antigua-and-barbuda | CC BY
Compared with 2000, in 2024 Antigua and Barbuda is ranked 168th out of 182 by GDP (down from 163rd), 50th by GDP per capita (down from 37th), and 60th by GDP per capita PPP (down from 39th).
Economic indicators
Antigua
|
Rank | |
|---|---|---|
| Gross domestic product |
$2.21B
2024 |
177/197 |
| GDP growth |
3.66%
2023-2024 |
82/194 |
| GDP per capita |
$23,542
2024 |
53/197 |
| GDP per capita, PPP |
$33,386
2024 |
66/197 |
| Government debt |
$1.49B
2024 |
164/185 |
| Debt-to-GDP ratio |
67.6%
2024 |
63/185 |
| Government debt per person |
$15,910
2024 |
39/185 |
| Average annual personal income after taxes |
$16,563
2026 |
55/197 |
| Government expenditure, % of GDP |
19.8%
2024 |
156/195 |
| Consumer prices inflation |
6.2%
2023-2024 |
40/195 |
| Unemployment rate |
5.37%
2023 |
93/196 |
| Population |
94757
|
185/197 |
Government spending, deficit, and debt by year
| Year | % of GDP | ||
|---|---|---|---|
| Government spending | Government debt | Government deficit/surplus | |
| 2024 | 19.8% | 67.6% | 1.61% |
| 2023 | 18.8% | 76.3% | -1.7% |
| 2022 | 20.7% | 82% | -2.84% |
| 2021 | 23.4% | 93% | -4.52% |
| 2020 | 26% | 100.5% | -6.23% |
| 2019 | 22.1% | 81.6% | -3.64% |
| 2018 | 21.5% | 84.3% | -2.43% |
| 2017 | 22.6% | 88.2% | -2.72% |
| 2016 | 23.8% | 83.1% | -0.14% |
| 2015 | 24.8% | 92.1% | -2.42% |
| 2014 | 20.9% | 91.9% | -2.6% |
| 2013 | 20.7% | 85.4% | -3.83% |
| 2012 | 18.5% | 76.9% | -0.97% |
| 2011 | 21.1% | 81.1% | -3.09% |
| 2010 | 20% | 79.4% | -0.24% |
| 2009 | 32.1% | 89.2% | -15.8% |
| 2008 | 23.2% | 66.8% | -4.72% |
| 2007 | 23.8% | 68.7% | -4.98% |
| 2006 | 26% | 79.1% | -6.62% |
| 2005 | 21.5% | 82.8% | -4.29% |
| 2004 | 21.9% | 107.7% | -3.9% |
| 2003 | 24.2% | 113% | -7.32% |
| 2002 | 26.3% | 114.5% | -8.83% |
| 2001 | 24.2% | 107.6% | -8.58% |
| 2000 | 21.1% | 96.4% | -4.5% |
| 1999 | 20.3% | 95.9% | -3.08% |
| 1998 | 20.7% | 94.6% | -1.62% |
| 1997 | 16.8% | 80.6% | 0% |
| 1996 | 19.6% | 85.5% | -1.61% |
| 1995 | 21% | 92.1% | -3.89% |
| 1994 | 21.2% | 84.5% | -4.33% |
| 1993 | 19.4% | 85.3% | -2.45% |
| 1992 | 18.7% | 90.8% | -0.81% |
| 1991 | 20.8% | 94.6% | -3.91% |
| 1990 | 18.1% | 94.1% | 0.12% |
Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).
GeoRank.org/economy/antigua-and-barbuda | CC BY
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 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of them, with an average annual deficit equal to 3.63% of GDP. In 2024, government spending reached $437M (19.8% of GDP), with a surplus of 1.61%.
The national debt reached $1.49B, ranking 164th out of 185 countries by total size, with a debt-to-GDP ratio of 67.6%, ranking 63rd.
Inflation rate by year
| Year | Inflation |
|---|---|
| 2024 | 6.2% |
| 2023 | 5.1% |
| 2022 | 7.5% |
| 2021 | 1.6% |
| 2020 | 1.1% |
| 2019 | 1.4% |
| 2018 | 1.2% |
| 2017 | 2.4% |
| 2016 | -0.5% |
| 2015 | 1% |
| 2014 | 1.1% |
| 2013 | 1.1% |
| 2012 | 3.4% |
| 2011 | 3.5% |
| 2010 | 3.4% |
| 2009 | -0.6% |
| 2008 | 5.3% |
| 2007 | 1.4% |
| 2006 | 1.8% |
| 2005 | 2.1% |
| 2004 | 2% |
| 2003 | 2% |
| 2002 | 2.4% |
| 2001 | 1.9% |
| 2000 | -0.2% |
| 1999 | 1.1% |
| 1998 | 3.3% |
| 1997 | 0.4% |
| 1996 | 3% |
| 1995 | 2.7% |
| 1994 | 6.5% |
| 1993 | 3.1% |
| 1992 | 3% |
| 1991 | 4.5% |
| 1990 | 6.6% |
| 1989 | 4.4% |
| 1988 | 6.8% |
| 1987 | 3.6% |
| 1986 | 0.5% |
| 1985 | 1% |
| 1984 | 3.8% |
| 1983 | 2.3% |
| 1982 | 4.2% |
| 1981 | 11.5% |
| 1980 | 19% |
Data sources: International Monetary Fund (IMF) | World Economic Outlook (1980–2024, retrieved 2026-02-20).
GeoRank.org/economy/antigua-and-barbuda | CC BY
Over the past 20 years, Antigua and Barbuda has had an average annual inflation rate of 2.48%. In 2024, inflation was 6.2%. The bar chart above shows consumer price inflation by year.
Balance of trade
|
Antigua
|
Rank | |
|---|---|---|
|
Current account balance
|
-$181M
2024 |
98/190 |
| Current account balance, % of GDP |
-8.22%
2024 |
158/190 |
| Goods imports |
$726M
2024 |
169/189 |
| Goods exports |
$72.1M
2024 |
176/189 |
| Service imports |
$557M
2024 |
157/189 |
| Service exports |
$1.24B
2024 |
129/189 |
| Imports of goods and services, % of GDP |
63%
2022 |
46/181 |
| Exports of goods and services, % of GDP |
54.7%
2022 |
48/193 |
Antigua and Barbuda 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 |
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 |
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 | 125/197 |
Other economic metrics
|
Antigua
|
Rank | |
|---|---|---|
| Services, % of GDP |
69.1%
2023 |
28/191 |
| Industry, % of GDP |
19%
2023 |
137/194 |
| Agriculture, forestry, and fishing, % of GDP |
1.94%
2023 |
151/193 |
|
GNI, Atlas method
|
$1.98B
2024 |
177/194 |
| GNI per capita, PPP |
$31,730
2024 |
66/191 |
| Total reserves including gold |
$358M
2024 |
164/177 |
|
Net foreign direct investment
|
-$253M
2024 |
88/189 |
|
Net inflows of foreign direct investment
|
$246M
2024 |
129/193 |
|
Net outflows of foreign direct investment
|
-$68.4K
2024 |
168/193 |
Compare Antigua and Barbuda vs other countries
GDP per capita map
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/antigua-and-barbuda | CC BY
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Data sources:
- World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06)
- International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
- U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
- TradeMap (2022–2024, retrieved 2026-02-08)
- United Nations | World Population Prospects (2026, retrieved 2026-03-10)
- 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.