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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $535B for Austria, ranking 177/197 and 30/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $432B (80.8% of GDP) in Austria.

Antigua and Barbuda vs Austria GDP by year

Antigua and Barbuda
Austria
1x
Year GDP, current $
Antigua Austria
2024 $2,207,622,874 $534,790,720,467
2023 $2,005,785,185 $516,670,509,629
2022 $1,866,566,667 $473,221,298,968
2021 $1,602,125,926 $480,466,363,177
2020 $1,411,637,037 $434,397,601,558
2019 $1,726,448,148 $442,983,642,372
2018 $1,661,529,630 $452,582,294,973
2017 $1,534,855,556 $414,926,138,133
2016 $1,489,603,704 $393,687,359,770
2015 $1,437,485,185 $379,546,097,301
2014 $1,378,707,407 $438,556,021,078
2013 $1,325,496,296 $426,580,502,769
2012 $1,364,729,630 $406,750,487,604
2011 $1,287,359,259 $428,954,737,064
2010 $1,298,348,148 $389,827,789,218
2009 $1,386,518,519 $399,290,118,782
2008 $1,557,640,741 $429,234,399,096
2007 $1,487,381,481 $386,760,177,589
2006 $1,303,674,074 $333,905,979,332
2005 $1,143,896,296 $313,952,317,331
2004 $1,026,329,630 $299,210,411,455
2003 $948,100,000 $260,779,834,340
2002 $898,092,593 $212,837,224,023
2001 $877,774,074 $196,477,206,829
2000 $901,003,704 $196,181,599,831
1999 $835,544,444 $216,421,809,126
1998 $789,788,889 $217,068,085,816
1997 $734,422,222 $211,724,812,267
1996 $679,140,741 $235,952,581,232
1995 $616,051,852 $240,094,169,510
1994 $625,081,481 $202,738,023,130
1993 $565,662,963 $189,634,029,339
1992 $525,133,333 $194,314,032,056
1991 $504,337,037 $173,113,449,617
1990 $478,718,519 $165,811,372,383
1989 $455,174,074 $132,584,448,258
1988 $411,396,296 $132,817,124,707
1987 $346,866,667 $123,682,091,859
1986 $297,562,963 $98,648,254,169
1985 $246,370,370 $69,114,996,010
1984 $212,214,815 $67,719,055,773
1983 $184,866,667 $71,838,528,420
1982 $166,444,444 $70,996,111,963
1981 $149,388,889 $70,755,997,062
1980 $132,451,852 $81,737,498,405
1979 $109,596,296 $73,647,694,287
1978 $88,040,741 $61,809,208,756
1977 $77,507,407 $51,343,861,460
1976 - $42,791,707,448
1975 - $39,902,300,703
1974 - $35,051,468,640
1973 - $29,399,860,145
1972 - $21,973,207,929
1971 - $17,788,536,733
1970 - $15,312,791,744
1969 - $13,647,475,854
1968 - $12,499,863,917
1967 - $11,634,569,522
1966 - $10,939,526,219
1965 - $10,041,659,445
1964 - $9,213,648,656
1963 - $8,414,050,621
1962 - $7,793,042,529
1961 - $7,346,566,038
1960 - $6,624,086,313

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

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

GDP per capita in Antigua and Barbuda vs Austria by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Austria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Austria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $58,269 $73,911
2023 $21,495 $31,602 $56,580 $73,545
2022 $20,105 $29,934 $52,337 $72,065
2021 $17,349 $25,745 $53,649 $62,969
2020 $15,370 $22,370 $48,716 $58,523
2019 $18,896 $26,551 $49,886 $60,355
2018 $18,273 $24,524 $51,194 $56,636
2017 $16,966 $21,422 $47,164 $53,870
2016 $16,557 $21,320 $45,061 $52,398
2015 $16,078 $20,985 $43,915 $49,549
2014 $15,532 $21,671 $51,315 $48,355
2013 $15,052 $21,761 $50,305 $47,520
2012 $15,640 $23,012 $48,250 $46,156
2011 $14,912 $23,804 $51,117 $44,172
2010 $15,217 $24,071 $46,611 $41,735
2009 $16,472 $26,157 $47,857 $40,687
2008 $18,787 $29,978 $51,581 $41,047
2007 $18,205 $29,851 $46,623 $39,192
2006 $16,174 $26,949 $40,382 $37,388
2005 $14,369 $23,485 $38,157 $34,777
2004 $13,038 $21,629 $36,614 $33,519
2003 $12,173 $20,127 $32,110 $31,959
2002 $11,659 $18,813 $26,335 $30,952
2001 $11,539 $18,569 $24,430 $29,553
2000 $12,027 $19,319 $24,487 $29,221
1999 $11,342 $18,088 $27,079 $27,500
1998 $10,907 $17,496 $27,212 $26,531
1997 $10,336 $16,836 $26,572 $25,301
1996 $9,756 $16,017 $29,646 $24,427
1995 $9,034 $15,062 $30,207 $23,604
1994 $9,351 $15,736 $25,546 $22,553
1993 $8,625 $14,720 $23,987 $21,647
1992 $8,154 $13,908 $24,783 $21,209
1991 $7,956 $13,658 $22,323 $20,536
1990 $7,591 $12,996 $21,596 $19,396
1989 $7,188 - $17,401 -
1988 $6,466 - $17,510 -
1987 $5,424 - $16,329 -
1986 $4,629 - $13,032 -
1985 $3,814 - $9,136 -
1984 $3,271 - $8,956 -
1983 $2,847 - $9,500 -
1982 $2,569 - $9,373 -
1981 $2,310 - $9,348 -
1980 $2,053 - $10,827 -
1979 $1,705 - $9,755 -
1978 $1,375 - $8,173 -
1977 $1,214 - $6,784 -
1976 - - $5,656 -
1975 - - $5,265 -
1974 - - $4,613 -
1973 - - $3,875 -
1972 - - $2,913 -
1971 - - $2,372 -
1970 - - $2,051 -
1969 - - $1,834 -
1968 - - $1,686 -
1967 - - $1,577 -
1966 - - $1,494 -
1965 - - $1,381 -
1964 - - $1,275 -
1963 - - $1,173 -
1962 - - $1,093 -
1961 - - $1,037 -
1960 - - $940 -

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

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $58,269 in Austria, ranking 16/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Austria ranks 19th at $73,911.

Economic indicators

Antigua Austria
Gross domestic product
$2.21B
2024
$535B
2024
GDP rank
177/197
2024
30/197
2024
GDP growth
3.66%
2023-2024
-0.66%
2023-2024
GDP per capita
$23,542
2024
$58,269
2024
GDP per capita rank
53/197
2024
16/197
2024
GDP per capita, PPP
$33,386
2024
$73,911
2024
GDP per capita PPP rank
66/197
2024
19/197
2024
Government debt
$1.49B
2024
$432B
2024
Debt-to-GDP ratio
67.6%
2024
80.8%
2024
Government debt per person
$15,910
2024
$47,075
2024
Government debt per person rank
39/185
2024
10/185
2024
Average annual personal income after taxes
$16,563
2026
$40,736
2026
Market capitalization of domestic companies n/a
$121B
2024
Number of billionaires n/a
9
2025
Income share by richest 10% n/a
24.8%
2023
Income share by poorest 10% n/a
2.8%
2023
Government expenditure, % of GDP
19.8%
2024
56%
2024
Consumer prices inflation
6.2%
2023-2024
2.94%
2023-2024
Unemployment rate
5.37%
2023
5.16%
2024
Population
94757
9163419

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Austria
Spending

Debt
1x
Year % of GDP
Antigua Austria
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 56% 80.8%
2023 18.8% 76.3% 52.7% 78.5%
2022 20.7% 82% 53% 78.4%
2021 23.4% 93% 56% 82.4%
2020 26% 100.5% 57.3% 83.2%
2019 22.1% 81.6% 49.1% 71%
2018 21.5% 84.3% 49.2% 74.6%
2017 22.6% 88.2% 49.8% 79.1%
2016 23.8% 83.1% 50.6% 83.4%
2015 24.8% 92.1% 51.2% 85.6%
2014 20.9% 91.9% 52.4% 85.2%
2013 20.7% 85.4% 52.4% 82.4%
2012 18.5% 76.9% 51.8% 82.9%
2011 21.1% 81.1% 51.3% 83.4%
2010 20% 79.4% 53.4% 83.7%
2009 32.1% 89.2% 54.6% 80.8%
2008 23.2% 66.8% 50.4% 69.5%
2007 23.8% 68.7% 49.7% 65.8%
2006 26% 79.1% 50.9% 68.2%
2005 21.5% 82.8% 51.7% 69.4%
2004 21.9% 107.7% 54.3% 65.9%
2003 24.2% 113% 51.8% 66.4%
2002 26.3% 114.5% 51.6% 67.4%
2001 24.2% 107.6% 51.8% 67.2%
2000 21.1% 96.4% 50.9% 66.1%
1999 20.3% 95.9% 50.5% 61.3%
1998 20.7% 94.6% 54.4% 69.2%
1997 16.8% 80.6% 52.5% 63.4%
1996 19.6% 85.5% 55.9% 68.2%
1995 21% 92.1% 56.1% 68.2%
1994 21.2% 84.5% 54.3% 64.1%
1993 19.4% 85.3% 54.3% 61%
1992 18.7% 90.8% 49.3% 56.3%
1991 20.8% 94.6% 47.9% 56.4%
1990 18.1% 94.1% 46.8% 56.2%
1989 - - 51.6% 56.6%
1988 - - 53.1% 57.7%
1987 - - 54.5% 55.5%
1986 - - 54.3% 52%
1985 - - 53.5% 47.8%
1984 - - 52.6% 46%
1983 - - 52.4% 43.7%
1982 - - 52% 39.7%
1981 - - 51.5% 37.5%
1980 - - 50% 35.6%
1979 - - 49.8% 34.1%
1978 - - 50.8% 32.2%
1977 - - 47.6% 28.5%
1976 - - 47.9% 26.2%
1975 - - 46.1% 22.8%
1974 - - 42% 16.8%
1973 - - 41.5% 16.7%
1972 - - 40.1% 16.7%
1971 - - 40% 17.4%
1970 - - 39.5% 18.6%
1969 - - 40.7% 16.8%
1968 - - 40.9% 16.8%
1967 - - 40.7% 15.6%
1966 - - 38.7% 14.1%
1965 - - 38.3% 14.8%
1964 - - 38.7% 15.5%
1963 - - 38.6% 15.6%
1962 - - 37.6% 15.5%
1961 - - 35.7% 16%
1960 - - 36.3% 17.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Austria spent $300B, or 56% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 80.8% in Austria, ranking 63/185 and 44/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Austria
1x
Year Deficit/surplus, % of GDP
Antigua Austria
2024 1.61% -4.64%
2023 -1.7% -2.62%
2022 -2.84% -3.31%
2021 -4.52% -5.69%
2020 -6.23% -8.2%
2019 -3.64% 0.54%
2018 -2.43% 0.2%
2017 -2.72% -0.78%
2016 -0.14% -1.45%
2015 -2.42% -0.48%
2014 -2.6% -1.92%
2013 -3.83% -1.99%
2012 -0.97% -2.18%
2011 -3.09% -2.48%
2010 -0.24% -4.46%
2009 -15.8% -5.38%
2008 -4.72% -1.57%
2007 -4.98% -1.56%
2006 -6.62% -2.61%
2005 -4.29% -2.59%
2004 -3.9% -4.94%
2003 -7.32% -1.84%
2002 -8.83% -1.43%
2001 -8.58% -0.71%
2000 -4.5% -2.07%
1999 -3.08% -2.63%
1998 -1.62% -2.68%
1997 0% -2.38%
1996 -1.61% -4.38%
1995 -3.89% -6.17%
1994 -4.33% -5.04%
1993 -2.45% -4.57%
1992 -0.81% -2.15%
1991 -3.91% -2.96%
1990 0.12% -2.58%
1989 - -3.07%
1988 - -3.43%
1987 - -4.33%
1986 - -3.84%
1985 - -2.71%
1984 - -2.67%
1983 - -4.22%
1982 - -3.29%
1981 - -1.79%
1980 - -1.62%
1979 - -2.3%
1978 - -2.67%
1977 - -2.11%
1976 - -3.61%
1975 - -2.41%
1974 - 1.23%
1973 - 1.24%
1972 - 1.97%
1971 - 1.46%
1970 - 1.16%
1969 - -0.08%
1968 - -0.83%
1967 - -0.56%
1966 - 1.73%
1965 - 1.38%
1964 - 0.48%
1963 - -0.5%
1962 - 1.12%
1961 - 1.68%
1960 - -0.49%
1959 - -2.16%
1958 - -3.52%
1957 - -0.7%
1956 - -0.78%
1955 - -0.5%
1954 - -0.35%
1953 - -0.24%
1952 - -0.73%
1951 - -1.57%
1950 - -7.72%
1949 - -9.23%
1948 - -9.3%
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -2.84%
1936 - -3.91%
1935 - -5.46%
1934 - -5.28%
1933 - -3.55%
1932 - -9.16%
1931 - -11.5%
1930 - -9.68%
1929 - -6.83%
1928 - -7.63%
1927 - -7.3%
1926 - -6.18%
1925 - -4.96%
1924 - -5.69%
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 - -0.69%
1911 - 0.03%
1910 - -0.42%
1909 - -5.51%
1908 - -1.24%
1907 - -2.73%
1906 - -0.05%
1905 - -0.71%
1904 - -1.12%
1903 - -0.97%
1902 - -0.75%
1901 - -0.56%
1900 - -0.05%
1899 - -0.08%
1898 - -0.17%
1897 - 0.1%
1896 - 0.03%
1895 - 0.36%
1894 - -1.16%
1893 - -1.31%
1892 - -0.86%
1891 - -4.01%
1890 - -0.26%
1889 - -1.61%
1888 - -0.97%
1887 - -1.09%
1886 - -0.43%
1885 - -0.57%
1884 - -6.43%
1883 - -0.69%
1882 - -1.06%
1881 - -3.91%
1880 - -1.4%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/austria | 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 Austria's deficit of $24.8B, or 4.64% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Austria ran a deficit in 33 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 2.85% of GDP for Austria.

Inflation comparison by year

Inflation
Antigua and Barbuda

Austria
1x
Year Consumer prices inflation
Antigua Austria
2024 6.2% 2.94%
2023 5.1% 7.81%
2022 7.5% 8.55%
2021 1.6% 2.77%
2020 1.1% 1.38%
2019 1.4% 1.53%
2018 1.2% 2%
2017 2.4% 2.08%
2016 -0.5% 0.89%
2015 1% 0.9%
2014 1.1% 1.61%
2013 1.1% 2%
2012 3.4% 2.49%
2011 3.5% 3.29%
2010 3.4% 1.81%
2009 -0.6% 0.51%
2008 5.3% 3.22%
2007 1.4% 2.17%
2006 1.8% 1.44%
2005 2.1% 2.3%
2004 2% 2.06%
2003 2% 1.36%
2002 2.4% 1.81%
2001 1.9% 2.65%
2000 -0.2% 2.34%
1999 1.1% 0.57%
1998 3.3% 0.92%
1997 0.4% 1.31%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 2.31% in Austria. In 2024, inflation was 6.2% in Antigua and Barbuda and 2.94% in Austria.

Top exports between countries

Antigua
Export category Export value
Textiles & consumer goods $28K
Machinery & equipment $3K
Austria
Export category Export value
Textiles & consumer goods $1.67M
Machinery & equipment $193K
Animal & marine products $108K
Processed food, beverages & tobacco $72K
Chemicals & pharma $36K
Metals $2K
Wood & paper products $2K
Raw materials & minerals $1K

Balance of trade

Antigua Austria
Current account balance
-$181M
2024
$8.19B
2024
Current account balance ranking
98/190
2024
25/190
2024
Current account balance, % of GDP
-8.22%
2024
+1.53%
2024
Goods imports
$726M
2024
$195B
2024
Goods exports
$72.1M
2024
$201B
2024
Service imports
$557M
2024
$90.5B
2024
Service exports
$1.24B
2024
$96.6B
2024
Imports of goods and services, % of GDP
63%
2022
53.1%
2024
Exports of goods and services, % of GDP
54.7%
2022
55.7%
2024

Economic freedom indices

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

Antigua Austria
Economic freedom 56 69.8
Economic freedom ranking 125/197 38/197
Property rights n/a 95.7
Government integrity n/a 75
Judicial effectiveness n/a 94.8
Tax burden n/a 45.7
Government spending n/a 12.8
Fiscal health n/a 67.1
Business freedom n/a 78.7
Labor freedom n/a 81.6
Monetary freedom n/a 76.4
Trade freedom n/a 79.4
Investment freedom n/a 60
Financial freedom n/a 70

Other economic metrics

Antigua Austria
Services, % of GDP
69.1%
2023
64%
2024
Industry, % of GDP
19%
2023
24.6%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
1.22%
2024
GNI, Atlas method
$1.98B
2024
$503B
2024
GNI per capita, PPP
$31,730
2024
$74,160
2024
Total reserves including gold
$358M
2024
$35.4B
2024
Total reserves ranking
164/177
2024
53/177
2024
Net foreign direct investment
-$253M
2024
$135M
2024
Net inflows of foreign direct investment
$246M
2024
$13.7B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$13.8B
2024
Poverty at national poverty lines n/a
14.8%
2021
Gross capital formation, % of GDP n/a
23.6%
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/austria | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, 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 (2022–2024, 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.

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.