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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $638B for Argentina, ranking 177/197 and 24/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $540B (84.7% of GDP) in Argentina.

Antigua and Barbuda vs Argentina GDP by year

Antigua and Barbuda
Argentina
1x
Year GDP, current $
Antigua Argentina
2024 $2,207,622,874 $638,365,455,340
2023 $2,005,785,185 $649,461,687,959
2022 $1,866,566,667 $633,993,756,301
2021 $1,602,125,926 $486,564,085,480
2020 $1,411,637,037 $385,740,508,437
2019 $1,726,448,148 $447,754,683,615
2018 $1,661,529,630 $524,819,892,360
2017 $1,534,855,556 $643,628,393,281
2016 $1,489,603,704 $557,532,320,663
2015 $1,437,485,185 $594,749,285,413
2014 $1,378,707,407 $526,319,673,732
2013 $1,325,496,296 $552,025,140,252
2012 $1,364,729,630 $545,982,375,701
2011 $1,287,359,259 $530,158,122,010
2010 $1,298,348,148 $423,627,422,092
2009 $1,386,518,519 $332,976,484,578
2008 $1,557,640,741 $361,558,037,110
2007 $1,487,381,481 $287,530,508,431
2006 $1,303,674,074 $232,557,260,817
2005 $1,143,896,296 $198,737,095,012
2004 $1,026,329,630 $164,657,930,453
2003 $948,100,000 $127,586,973,492
2002 $898,092,593 $97,724,004,252
2001 $877,774,074 $268,696,750,000
2000 $901,003,704 $284,203,750,000
1999 $835,544,444 $283,523,000,000
1998 $789,788,889 $298,948,250,000
1997 $734,422,222 $292,859,000,000
1996 $679,140,741 $272,149,750,000
1995 $616,051,852 $258,031,750,000
1994 $625,081,481 $257,440,000,000
1993 $565,662,963 $236,741,715,015
1992 $525,133,333 $228,778,917,308
1991 $504,337,037 $189,719,984,268
1990 $478,718,519 $141,352,654,305
1989 $455,174,074 $76,629,728,760
1988 $411,396,296 $126,890,235,049
1987 $346,866,667 $108,810,885,301
1986 $297,562,963 $105,872,372,614
1985 $246,370,370 $88,150,891,728
1984 $212,214,815 $116,915,052,107
1983 $184,866,667 $103,979,106,778
1982 $166,444,444 $84,307,486,837
1981 $149,388,889 $78,676,842,367
1980 $132,451,852 $76,961,923,741
1979 $109,596,296 $69,252,328,952
1978 $88,040,741 $89,049,453,088
1977 $77,507,407 $56,781,000,101
1976 - $51,169,499,892
1975 - $52,438,647,922
1974 - $72,436,777,342
1973 - $52,544,000,117
1972 - $34,733,000,536
1971 - $33,293,199,095
1970 - $31,584,210,366
1969 - $31,256,284,544
1968 - $26,436,857,247
1967 - $24,256,667,553
1966 - $28,630,474,728
1965 - $28,344,705,967
1964 - $25,605,249,382
1963 - $18,272,123,664
1962 - $18,337,691,145
1961 - $20,132,220,375
1960 - $15,865,474,315

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Antigua and Barbuda vs Argentina by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Argentina
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Argentina
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $13,970 $30,431
2023 $21,495 $31,602 $14,262 $30,221
2022 $20,105 $29,934 $13,962 $29,809
2021 $17,349 $25,745 $10,738 $26,300
2020 $15,370 $22,370 $8,536 $22,393
2019 $18,896 $26,551 $9,956 $23,517
2018 $18,273 $24,524 $11,753 $24,410
2017 $16,966 $21,422 $14,533 $23,385
2016 $16,557 $21,320 $12,700 $20,106
2015 $16,078 $20,985 $13,680 $19,899
2014 $15,532 $21,671 $12,233 $19,487
2013 $15,052 $21,761 $12,964 $19,929
2012 $15,640 $23,012 $12,950 $19,430
2011 $14,912 $23,804 $12,704 $19,105
2010 $15,217 $24,071 $10,260 $17,848
2009 $16,472 $26,157 $8,150 $16,182
2008 $18,787 $29,978 $8,944 $17,277
2007 $18,205 $29,851 $7,185 $16,455
2006 $16,174 $26,949 $5,869 $14,844
2005 $14,369 $23,485 $5,068 $13,465
2004 $13,038 $21,629 $4,242 $12,118
2003 $12,173 $20,127 $3,320 $10,933
2002 $11,659 $18,813 $2,570 $9,953
2001 $11,539 $18,569 $7,141 $11,118
2000 $12,027 $19,319 $7,637 $11,500
1999 $11,342 $18,088 $7,706 $11,464
1998 $10,907 $17,496 $8,219 $11,836
1997 $10,336 $16,836 $8,147 $11,403
1996 $9,756 $16,017 $7,663 $10,496
1995 $9,034 $15,062 $7,358 $9,891
1994 $9,351 $15,736 $7,438 $10,103
1993 $8,625 $14,720 $6,932 $9,472
1992 $8,154 $13,908 $6,790 $8,668
1991 $7,956 $13,658 $5,709 $7,961
1990 $7,591 $12,996 $4,315 $7,158
1989 $7,188 - $2,375 -
1988 $6,466 - $3,993 -
1987 $5,424 - $3,477 -
1986 $4,629 - $3,436 -
1985 $3,814 - $2,906 -
1984 $3,271 - $3,915 -
1983 $2,847 - $3,538 -
1982 $2,569 - $2,915 -
1981 $2,310 - $2,764 -
1980 $2,053 - $2,748 -
1979 $1,705 - $2,512 -
1978 $1,375 - $3,282 -
1977 $1,214 - $2,126 -
1976 - - $1,947 -
1975 - - $2,027 -
1974 - - $2,845 -
1973 - - $2,098 -
1972 - - $1,409 -
1971 - - $1,373 -
1970 - - $1,323 -
1969 - - $1,330 -
1968 - - $1,142 -
1967 - - $1,064 -
1966 - - $1,275 -
1965 - - $1,282 -
1964 - - $1,176 -
1963 - - $853 -
1962 - - $870 -
1961 - - $971 -
1960 - - $778 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $13,970 in Argentina, ranking 72/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Argentina ranks 73rd at $30,431.

Economic indicators

Antigua Argentina
Gross domestic product
$2.21B
2024
$638B
2024
GDP rank
177/197
2024
24/197
2024
GDP growth
3.66%
2023-2024
-1.34%
2023-2024
GDP per capita
$23,542
2024
$13,970
2024
GDP per capita rank
53/197
2024
72/197
2024
GDP per capita, PPP
$33,386
2024
$30,431
2024
GDP per capita PPP rank
66/197
2024
73/197
2024
Government debt
$1.49B
2024
$540B
2024
Debt-to-GDP ratio
67.6%
2024
84.7%
2024
Government debt per person
$15,910
2024
$11,826
2024
Government debt per person rank
39/185
2024
46/185
2024
Average annual personal income after taxes
$16,563
2026
$8,743
2026
Market capitalization of domestic companies n/a
$52.9B
2022
Number of billionaires n/a
5
2025
Income share by richest 10% n/a
31.2%
2024
Income share by poorest 10% n/a
1.9%
2024
Government expenditure, % of GDP
19.8%
2024
31%
2024
Consumer prices inflation
6.2%
2023-2024
219.9%
2023-2024
Central bank interest rate n/a
29%
2025
Unemployment rate
5.37%
2023
1.69%
2024
Population
94757
46048053

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Argentina
Spending

Debt
1x
Year % of GDP
Antigua Argentina
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 31% 84.7%
2023 18.8% 76.3% 37.6% 154.6%
2022 20.7% 82% 37.6% 84.3%
2021 23.4% 93% 37.9% 81%
2020 26% 100.5% 42.5% 103.8%
2019 22.1% 81.6% 38.1% 89.8%
2018 21.5% 84.3% 38.9% 85.2%
2017 22.6% 88.2% 41.1% 57%
2016 23.8% 83.1% 41.5% 53.1%
2015 24.8% 92.1% 41.4% 52.6%
2014 20.9% 91.9% 38.9% 44.7%
2013 20.7% 85.4% 37.6% 43.5%
2012 18.5% 76.9% 36.8% 40.4%
2011 21.1% 81.1% 34.9% 38.9%
2010 20% 79.4% 33.4% 43.5%
2009 32.1% 89.2% 34.5% 55.4%
2008 23.2% 66.8% 30.8% 53.8%
2007 23.8% 68.7% 29.6% 62.1%
2006 26% 79.1% 26.6% 70.8%
2005 21.5% 82.8% 24.4% 80.3%
2004 21.9% 107.7% 23% 117.9%
2003 24.2% 113% 22% 125.2%
2002 26.3% 114.5% 21.9% 147.2%
2001 24.2% 107.6% 26.4% 48%
2000 21.1% 96.4% 25.2% 40.8%
1999 20.3% 95.9% 25.5% 38.9%
1998 20.7% 94.6% 23.1% 34.1%
1997 16.8% 80.6% 22.6% 31.7%
1996 19.6% 85.5% 22.7% 32.6%
1995 21% 92.1% 22.9% 30.7%
1994 21.2% 84.5% 22.9% 28.4%
1993 19.4% 85.3% 22% 26.9%
1992 18.7% 90.8% 12.1% 25%
1991 20.8% 94.6% 11.4% 35.7%
1990 18.1% 94.1% 11% 48.5%
1989 - - 11% 118.2%
1988 - - 12.3% 61.4%
1987 - - 13.7% 74.1%
1986 - - 13.7% 55.9%
1985 - - 14.7% 55.2%
1984 - - 13% 54.6%
1983 - - 14.2% 64.2%
1982 - - 15.9% 52.2%
1981 - - 17% 26.5%
1980 - - 15.2% 11.4%
1979 - - 14.5% 12.4%
1978 - - 14.9% 17.5%
1977 - - 12.6% 25.1%
1976 - - 13% 28.7%
1975 - - 12.5% 33.8%
1974 - - 14% 13%
1973 - - 12.6% 12%
1972 - - 11.2% 17.1%
1971 - - 11.7% 15.2%
1970 - - 12% 13.5%
1969 - - 12.3% 9.63%
1968 - - 12.8% 9.43%
1967 - - 13% 10.9%
1966 - - 12.1% 13.4%
1965 - - 11.6% 15.9%
1964 - - 11.8% 16.8%
1963 - - 11.2% 23.4%
1962 - - 11.3% 25.1%
1961 - - 12.3% 8.69%
1960 - - 11.3% 8.39%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1992, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Argentina spent $198B, or 31% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 84.7% in Argentina, ranking 63/185 and 39/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Argentina
1x
Year Deficit/surplus, % of GDP
Antigua Argentina
2024 1.61% 0.46%
2023 -1.7% -5.33%
2022 -2.84% -3.84%
2021 -4.52% -4.33%
2020 -6.23% -8.67%
2019 -3.64% -4.44%
2018 -2.43% -5.44%
2017 -2.72% -6.69%
2016 -0.14% -6.65%
2015 -2.42% -6%
2014 -2.6% -4.25%
2013 -3.83% -3.25%
2012 -0.97% -3.02%
2011 -3.09% -2.75%
2010 -0.24% -1.39%
2009 -15.8% -1.83%
2008 -4.72% 0.35%
2007 -4.98% 0.76%
2006 -6.62% 1.65%
2005 -4.29% 3.34%
2004 -3.9% 3.97%
2003 -7.32% 1.5%
2002 -8.83% -1.91%
2001 -8.58% -5.36%
2000 -4.5% -3.42%
1999 -3.08% -3.71%
1998 -1.62% -1.83%
1997 0% -1.84%
1996 -1.61% -2.81%
1995 -3.89% -2.07%
1994 -4.33% -1.25%
1993 -2.45% -0.02%
1992 -0.81% 1.54%
1991 -3.91% 0.96%
1990 0.12% -0.14%
1989 - -0.25%
1988 - -1.75%
1987 - 1.89%
1986 - 3.3%
1985 - 3.6%
1984 - -1.39%
1983 - -2.89%
1982 - -4.68%
1981 - -3.93%
1980 - -1.14%
1979 - -1.5%
1978 - -1.36%
1977 - -0.54%
1976 - -2.39%
1975 - -2.9%
1974 - -1.08%
1973 - -1.48%
1972 - -0.12%
1971 - 0.32%
1970 - 1.01%
1969 - 0.54%
1968 - 0.25%
1967 - 0.66%
1966 - -0.98%
1965 - -0.89%
1964 - -1.34%
1963 - -0.65%
1962 - -0.47%
1961 - 1.73%
1960 - -1.98%
1959 - -4.82%
1958 - -6.61%
1957 - -2.72%
1956 - -3.77%
1955 - -3.75%
1954 - -3.21%
1953 - -3.1%
1952 - -3.01%
1951 - -3.52%
1950 - -3.38%
1949 - -3.98%
1948 - -2.73%
1947 - -1.6%
1946 - -4.12%
1945 - -5.25%
1944 - -4.61%
1943 - -3.86%
1942 - -2.9%
1941 - -2.85%
1940 - -2.31%
1939 - -3.09%
1938 - -2.09%
1937 - -1.62%
1936 - -1.44%
1935 - -1.16%
1934 - -1.56%
1933 - -1.27%
1932 - -1.19%
1931 - -2.98%
1930 - -3.94%
1929 - -1.95%
1928 - -1.52%
1927 - -3.3%
1926 - -1%
1925 - -0.46%
1924 - -0.68%
1923 - -0.93%
1922 - -1.86%
1921 - -0.99%
1920 - 0.2%
1919 - -0.3%
1918 - -1.14%
1917 - -2.18%
1916 - -2.13%
1915 - -2.64%
1914 - -3.03%
1913 - -0.61%
1912 - -0.78%
1911 - -2.19%
1910 - -2.24%
1909 - -2.57%
1908 - 0.28%
1907 - -0.2%
1906 - -0.32%
1905 - -3.52%
1904 - 0.15%
1903 - -0.25%
1902 - -2.2%
1901 - -0.54%
1900 - -0.42%
1899 - -0.4%
1898 - -9.31%
1897 - -1.46%
1896 - -4.19%
1895 - -1.59%
1894 - -1.06%
1893 - 0.06%
1892 - -1.33%
1891 - -4.48%
1890 - -1.82%
1889 - -2.88%
1888 - -0.69%
1887 - 0.35%
1886 - -2.39%
1885 - -2.67%
1884 - -4.07%
1883 - -4.19%
1882 - -5.42%
1881 - -2.31%
1880 - -2.15%
1879 - -1.09%
1878 - -1.08%
1877 - -1.68%
1876 - -4.15%
1875 - -3.08%
1874 - -2.59%
1873 - -1.39%
1872 - -1.18%
1871 - -5.54%
1870 - -2.74%
1869 - -1.61%
1868 - -1.8%
1867 - -1.08%
1866 - -2.09%
1865 - -0.79%
1864 - 0.51%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government surplus, the difference between spending and revenue, was $35.6M, equivalent to 1.61% of GDP. This compares to Argentina's surplus of $2.92B, or 0.46% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Argentina ran a deficit in 26 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 2.22% of GDP for Argentina.

Inflation comparison by year

Inflation
Antigua and Barbuda

Argentina
1x
Year Consumer prices inflation
Antigua Argentina
2024 6.2% 219.9%
2023 5.1% 133.5%
2022 7.5% 72.4%
2021 1.6% 48.4%
2020 1.1% 42%
2019 1.4% 53.5%
2018 1.2% 34.3%
2017 2.4% 25.7%
2016 -0.5% -
2015 1% -
2014 1.1% -
2013 1.1% 10.6%
2012 3.4% 10%
2011 3.5% 9.8%
2010 3.4% 10.5%
2009 -0.6% 6.3%
2008 5.3% 8.6%
2007 1.4% 8.8%
2006 1.8% 10.9%
2005 2.1% 9.6%
2004 2% 4.4%
2003 2% 13.4%
2002 2.4% 25.9%
2001 1.9% -1.1%
2000 -0.2% -0.9%
1999 1.1% -1.2%
1998 3.3% 0.9%
1997 0.4% -

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

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

Over the past 27 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.3%, compared with 31.5% in Argentina. In 2024, inflation was 6.2% in Antigua and Barbuda and 219.9% in Argentina.

Top exports between countries

Antigua
Export category Export value
Argentina
Export category Export value
Miscellaneous $146K
Processed food, beverages & tobacco $34K

Balance of trade

Antigua Argentina
Current account balance
-$181M
2024
$5.7B
2024
Current account balance ranking
98/190
2024
32/190
2024
Current account balance, % of GDP
-8.22%
2024
+0.89%
2024
Goods imports
$726M
2024
$57.4B
2024
Goods exports
$72.1M
2024
$79.8B
2024
Service imports
$557M
2024
$22.9B
2024
Service exports
$1.24B
2024
$17.2B
2024
Imports of goods and services, % of GDP
63%
2022
12.7%
2024
Exports of goods and services, % of GDP
54.7%
2022
15.2%
2024

Economic freedom indices

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

Antigua Argentina
Economic freedom 56 57.4
Economic freedom ranking 125/197 117/197
Property rights n/a 41.2
Government integrity n/a 41.2
Judicial effectiveness n/a 58.2
Tax burden n/a 67.8
Government spending n/a 62.3
Fiscal health n/a 72.2
Business freedom n/a 56.8
Labor freedom n/a 53.5
Monetary freedom n/a 28.9
Trade freedom n/a 67.4
Investment freedom n/a 70
Financial freedom n/a 70

Other economic metrics

Antigua Argentina
Services, % of GDP
69.1%
2023
53.7%
2024
Industry, % of GDP
19%
2023
24%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
5.81%
2024
GNI, Atlas method
$1.98B
2024
$618B
2024
GNI per capita, PPP
$31,730
2024
$29,800
2024
Total reserves including gold
$358M
2024
$29.6B
2024
Total reserves ranking
164/177
2024
56/177
2024
Net foreign direct investment
-$253M
2024
-$8.89B
2024
Net inflows of foreign direct investment
$246M
2024
$11.6B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$2.76B
2024
Servicing debt to the IMF, % of GNI n/a
6.32%
2024
Poverty at national poverty lines n/a
38.1%
2024
Gross capital formation, % of GDP n/a
15.8%
2024

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/antigua-and-barbuda/argentina | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.