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

Updated on by Georank

Antigua and Barbuda has a GDP of $2.34B compared to $93.4B for Belarus, ranking 178/197 and 80/197 by economy size, respectively.

Antigua and Barbuda has $1.63B in government debt (69.7% of GDP), compared to $30.9B (33.1% of GDP) in Belarus.

Antigua and Barbuda vs Belarus GDP by year

Antigua and Barbuda
Belarus
1x
Year GDP, current $
Antigua Belarus
2025 $2,338,196,296 $93,397,215,864
2024 $2,162,366,667 $78,591,839,300
2023 $2,054,096,296 $72,478,760,370
2022 $1,857,114,815 $73,775,179,925
2021 $1,602,125,926 $69,673,747,132
2020 $1,411,637,037 $61,371,673,345
2019 $1,726,448,148 $64,410,170,653
2018 $1,661,529,630 $60,031,026,576
2017 $1,534,855,556 $54,725,405,751
2016 $1,489,603,704 $47,723,545,321
2015 $1,437,485,185 $56,454,769,845
2014 $1,378,707,407 $78,813,069,121
2013 $1,325,496,296 $75,527,558,966
2012 $1,364,729,630 $65,685,890,439
2011 $1,287,359,259 $61,762,382,328
2010 $1,298,348,148 $57,231,904,543
2009 $1,386,518,519 $50,873,167,326
2008 $1,557,640,741 $60,752,106,347
2007 $1,487,381,481 $45,275,711,996
2006 $1,303,674,074 $36,961,894,281
2005 $1,143,896,296 $30,210,091,837
2004 $1,026,329,630 $23,141,566,293
2003 $948,100,000 $17,825,444,724
2002 $898,092,593 $14,594,900,945
2001 $877,774,074 $12,354,820,144
2000 $901,003,704 $12,736,856,828
1999 $835,544,444 $12,138,486,532
1998 $789,788,889 $15,222,012,660
1997 $734,422,222 $14,128,408,566
1996 $679,140,741 $14,500,437,520
1995 $616,051,852 $13,972,683,274
1994 $625,081,481 $14,931,435,232
1993 $565,662,963 $16,275,073,527
1992 $525,133,333 $16,939,790,094
1991 $504,337,037 $18,404,907,975
1990 $478,718,519 $17,389,558,233
1989 $455,174,074 -
1988 $411,396,296 -
1987 $346,866,667 -
1986 $297,562,963 -
1985 $246,370,370 -
1984 $212,214,815 -
1983 $184,866,667 -
1982 $166,444,444 -
1981 $149,388,889 -
1980 $132,451,852 -
1979 $109,596,296 -
1978 $88,040,741 -
1977 $77,507,407 -

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

GDP per capita in Antigua and Barbuda vs Belarus by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Belarus
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Belarus
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $24,819 - $10,279 -
2024 $23,060 $33,386 $8,606 $33,010
2023 $22,012 $31,602 $7,897 $30,834
2022 $20,003 $29,934 $7,995 $28,429
2021 $17,349 $25,745 $7,490 $27,611
2020 $15,370 $22,370 $6,543 $24,872
2019 $18,896 $26,551 $6,838 $22,302
2018 $18,273 $24,524 $6,360 $20,026
2017 $16,966 $21,422 $5,786 $18,414
2016 $16,557 $21,320 $5,040 $17,832
2015 $16,078 $20,985 $5,967 $18,134
2014 $15,532 $21,671 $8,341 $19,038
2013 $15,052 $21,761 $7,998 $19,014
2012 $15,640 $23,012 $6,953 $18,115
2011 $14,912 $23,804 $6,528 $16,563
2010 $15,217 $24,071 $6,035 $15,339
2009 $16,472 $26,157 $5,352 $14,034
2008 $18,787 $29,978 $6,376 $13,886
2007 $18,205 $29,851 $4,735 $12,320
2006 $16,174 $26,949 $3,848 $10,995
2005 $14,369 $23,485 $3,126 $9,637
2004 $13,038 $21,629 $2,378 $8,483
2003 $12,173 $20,127 $1,820 $7,362
2002 $11,659 $18,813 $1,479 $6,697
2001 $11,539 $18,569 $1,244 $6,238
2000 $12,027 $19,319 $1,276 $5,796
1999 $11,342 $18,088 $1,211 $5,331
1998 $10,907 $17,496 $1,511 $5,061
1997 $10,336 $16,836 $1,396 $4,596
1996 $9,756 $16,017 $1,427 $4,039
1995 $9,034 $15,062 $1,371 $3,846
1994 $9,351 $15,736 $1,460 $4,190
1993 $8,625 $14,720 $1,590 $4,641
1992 $8,154 $13,908 $1,658 $4,917
1991 $7,956 $13,658 $1,805 $5,330
1990 $7,591 $12,996 $1,707 $5,220
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 (1977–2025, retrieved 2026-07-08).

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

Antigua and Barbuda's GDP per capita is $24,819, ranking 55/197, compared to $10,279 in Belarus, ranking 88/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Belarus ranks 68th at $33,010.

Economic indicators

Antigua Belarus
Gross domestic product
$2.34B
2025
$93.4B
2025
GDP rank
178/197
2025
80/197
2025
GDP growth
5%
2024-2025
1.3%
2024-2025
GDP per capita
$24,819
2025
$10,279
2025
GDP per capita rank
55/197
2025
88/197
2025
GDP per capita, PPP
$33,386
2024
$33,010
2024
GDP per capita PPP rank
66/197
2024
68/197
2024
Government debt
$1.63B
2025
$30.9B
2025
Debt-to-GDP ratio
69.7%
2025
33.1%
2025
Government debt per person
$17,310
2025
$3,399
2025
Government debt per person rank
38/185
2025
98/185
2025
Average annual personal income after taxes
$16,750
2026
$8,062
2026
Market capitalization of domestic companies n/a
$5.54B
2025
Income share by richest 10% n/a
20.7%
2020
Income share by poorest 10% n/a
4.5%
2020
Government expenditure, % of GDP
19.3%
2025
41.3%
2025
Consumer prices inflation
1.4%
2024-2025
6.6%
2024-2025
Central bank interest rate n/a
9.25%
2026
Unemployment rate
5.37%
2023
3.04%
2024
Population
94846
9025821

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Belarus
Spending

Debt
1x
Year % of GDP
Antigua Belarus
Government spending Government debt Government spending Government debt
2025 19.3% 69.7% 41.3% 33.1%
2024 20.2% 71.8% 40.8% 38.7%
2023 18.4% 74.5% 40.3% 40.7%
2022 20.8% 82.4% 38% 40.8%
2021 23.4% 93% 36.7% 41.2%
2020 26% 100.5% 38% 47.5%
2019 22.1% 81.6% 37.4% 41%
2018 21.5% 84.3% 37.8% 47.5%
2017 22.6% 88.2% 39% 53.2%
2016 23.8% 83.1% 40.7% 53.5%
2015 24.8% 92.1% 41.8% 53%
2014 20.9% 91.9% 38.8% 38.8%
2013 20.7% 85.4% 40.8% 36.9%
2012 18.5% 76.9% 38.9% 36.9%
2011 21.1% 81.1% 40.3% 58.2%
2010 20% 79.4% 44.3% 36.8%
2009 32.1% 89.2% 51.7% 32.5%
2008 23.2% 66.8% 60% 20.3%
2007 23.8% 68.7% 49.2% 15.8%
2006 26% 79.1% 47.2% 12.3%
2005 21.5% 82.8% 45% 8.12%
2004 21.9% 107.7% 44% 9.22%
2003 24.2% 113% 43.5% -
2002 26.3% 114.5% 43.8% -
2001 24.2% 107.6% 42.4% -
2000 21.1% 96.4% - -
1999 20.3% 95.9% - -
1998 20.7% 94.6% - -
1997 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 (1990–2025, retrieved 2026-07-08).

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

In 2025, Antigua and Barbuda's government spending was $450M, accounting for 19.3% of its GDP, while Belarus spent $38.6B, or 41.3% of GDP.

Debt-to-GDP ratio is 69.7% in Antigua and Barbuda and 33.1% in Belarus, ranking 58/185 and 148/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Belarus
1x
Year Deficit/surplus, % of GDP
Antigua Belarus
2025 3.14% 0.15%
2024 1.65% 0.54%
2023 -1.66% 0.76%
2022 -2.86% -1.98%
2021 -4.52% -0.22%
2020 -6.23% -2.87%
2019 -3.64% 0.91%
2018 -2.43% 1.8%
2017 -2.72% -0.34%
2016 -0.14% -1.66%
2015 -2.42% -2.96%
2014 -2.6% 0.09%
2013 -3.83% -0.98%
2012 -0.97% 0.36%
2011 -3.09% -2.81%
2010 -0.24% -4.19%
2009 -15.8% -7.23%
2008 -4.72% -10.9%
2007 -4.98% -7.82%
2006 -6.62% -7.71%
2005 -4.29% -6.71%
2004 -3.9% -7.06%
2003 -7.32% -6.74%
2002 -8.83% -7.81%
2001 -8.58% -4.74%
2000 -4.5% -
1999 -3.08% -
1998 -1.62% -
1997 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 (1990–2025, retrieved 2026-07-08).

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

In 2025, Antigua and Barbuda's government surplus, the difference between spending and revenue, was $73.4M, equivalent to 3.14% of GDP. This compares to Belarus' surplus of $140M, or 0.15% of GDP.

Over the past 25 years, Antigua and Barbuda recorded a fiscal deficit in 23 of those years, while Belarus ran a deficit in 18 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.9% of GDP, compared to deficit of 3.2% of GDP for Belarus.

Inflation comparison by year

Inflation
Antigua and Barbuda

Belarus
1x
Year Consumer prices inflation
Antigua Belarus
2025 1.4% 6.6%
2024 6.2% 5.7%
2023 5.1% 5%
2022 7.5% 15.2%
2021 1.6% 9.5%
2020 1.1% 5.5%
2019 1.4% 5.6%
2018 1.2% 4.9%
2017 2.4% 6%
2016 -0.5% 11.8%
2015 1% 13.5%
2014 1.1% 18.1%
2013 1.1% 18.3%
2012 3.4% 59.2%
2011 3.5% 53.2%
2010 3.4% 7.7%
2009 -0.6% 13%
2008 5.3% 14.8%
2007 1.4% 8.4%
2006 1.8% 7%
2005 2.1% 10.3%
2004 2% 18.1%
2003 2% 28.4%
2002 2.4% 42.6%
2001 1.9% 61.1%
2000 -0.2% 168.6%
1999 1.1% 293.7%
1998 3.3% 73%
1997 0.4% 63.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.2%, compared with 36.2% in Belarus. In 2025, inflation was 1.4% in Antigua and Barbuda and 6.6% in Belarus.

Balance of trade

Antigua Belarus
Current account balance
-$281M
2025
-$1.82B
2025
Current account balance ranking
95/190
2025
137/190
2025
Current account balance, % of GDP
-12%
2025
-1.94%
2025
Goods imports
$793M
2025
$46B
2025
Goods exports
$96M
2025
$40B
2025
Service imports
$614M
2025
$7.55B
2025
Service exports
$1.21B
2025
$11.7B
2025
Imports of goods and services, % of GDP
63.3%
2022
57%
2025
Exports of goods and services, % of GDP
55%
2022
55.1%
2025

Economic freedom indices

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

Antigua Belarus
Economic freedom 56 49.1
Economic freedom ranking 125/197 166/197
Property rights n/a 20
Government integrity n/a 28.3
Judicial effectiveness n/a 11.5
Tax burden n/a 93.5
Government spending n/a 52.6
Fiscal health n/a 96.8
Business freedom n/a 50.3
Labor freedom n/a 48
Monetary freedom n/a 69
Trade freedom n/a 69.2
Investment freedom n/a 30
Financial freedom n/a 20

Other economic metrics

Antigua Belarus
Services, % of GDP
68.7%
2025
50%
2025
Industry, % of GDP
18.2%
2025
31.6%
2025
Agriculture, forestry, and fishing, % of GDP
1.49%
2025
6.9%
2025
GNI, Atlas method
$2.24B
2025
$83.3B
2025
GNI per capita, PPP
$34,670
2025
$34,310
2025
Total reserves including gold
$379M
2025
$14.5B
2025
Total reserves ranking
165/177
2025
72/177
2025
Net foreign direct investment
-$291M
2025
-$1.43B
2025
Net inflows of foreign direct investment
$246M
2024
$1.74B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$170M
2024
Servicing debt to the IMF, % of GNI n/a
6.94%
2024
Poverty at national poverty lines n/a
3.5%
2024
Gross capital formation, % of GDP n/a
27.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)

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.