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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $19.4B for Botswana, ranking 177/197 and 133/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $5.82B (30% of GDP) in Botswana.

Antigua and Barbuda vs Botswana GDP by year

Antigua and Barbuda
Botswana
1x
Year GDP, current $
Antigua Botswana
2024 $2,207,622,874 $19,402,063,513
2023 $2,005,785,185 $19,411,266,967
2022 $1,866,566,667 $20,321,150,599
2021 $1,602,125,926 $18,750,182,236
2020 $1,411,637,037 $14,960,251,608
2019 $1,726,448,148 $16,725,908,149
2018 $1,661,529,630 $17,031,943,186
2017 $1,534,855,556 $16,105,155,857
2016 $1,489,603,704 $15,082,637,184
2015 $1,437,485,185 $13,530,748,845
2014 $1,378,707,407 $15,470,088,501
2013 $1,325,496,296 $14,271,738,933
2012 $1,364,729,630 $13,907,464,500
2011 $1,287,359,259 $15,110,643,612
2010 $1,298,348,148 $12,637,273,429
2009 $1,386,518,519 $10,118,459,242
2008 $1,557,640,741 $10,730,829,116
2007 $1,487,381,481 $10,567,270,656
2006 $1,303,674,074 $9,919,158,482
2005 $1,143,896,296 $9,918,907,108
2004 $1,026,329,630 $8,957,467,707
2003 $948,100,000 $7,511,582,173
2002 $898,092,593 $5,438,863,983
2001 $877,774,074 $5,489,608,300
2000 $901,003,704 $5,788,329,609
1999 $835,544,444 $5,484,263,347
1998 $789,788,889 $4,790,481,509
1997 $734,422,222 $5,020,265,627
1996 $679,140,741 $4,847,757,218
1995 $616,051,852 $4,730,599,122
1994 $625,081,481 $4,259,259,604
1993 $565,662,963 $4,160,129,175
1992 $525,133,333 $4,146,464,587
1991 $504,337,037 $3,942,876,703
1990 $478,718,519 $3,790,636,324
1989 $455,174,074 $3,083,822,112
1988 $411,396,296 $2,644,554,159
1987 $346,866,667 $1,965,226,890
1986 $297,562,963 $1,392,602,164
1985 $246,370,370 $1,114,783,343
1984 $212,214,815 $1,240,822,167
1983 $184,866,667 $1,172,230,397
1982 $166,444,444 $1,014,945,696
1981 $149,388,889 $1,073,812,830
1980 $132,451,852 $1,060,889,704
1979 $109,596,296 $819,870,259
1978 $88,040,741 $590,407,374
1977 $77,507,407 $451,624,780
1976 - $372,025,093
1975 - $355,168,572
1974 - $306,044,208
1973 - $244,124,164
1972 - $164,460,915
1971 - $127,448,614
1970 - $96,243,234
1969 - $77,361,547
1968 - $66,248,441
1967 - $58,642,354
1966 - $51,465,655
1965 - $45,788,696
1964 - $41,616,348
1963 - $38,091,843
1962 - $35,644,957
1961 - $32,902,613
1960 - $30,411,414

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

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

GDP per capita in Antigua and Barbuda vs Botswana by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Botswana
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Botswana
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $7,696 $20,538
2023 $21,495 $31,602 $7,826 $21,012
2022 $20,105 $29,934 $8,329 $19,977
2021 $17,349 $25,745 $7,808 $17,961
2020 $15,370 $22,370 $6,323 $15,292
2019 $18,896 $26,551 $7,172 $15,960
2018 $18,273 $24,524 $7,408 $15,786
2017 $16,966 $21,422 $7,105 $15,701
2016 $16,557 $21,320 $6,749 $16,228
2015 $16,078 $20,985 $6,141 $14,144
2014 $15,532 $21,671 $7,122 $15,003
2013 $15,052 $21,761 $6,667 $13,621
2012 $15,640 $23,012 $6,596 $12,737
2011 $14,912 $23,804 $7,287 $13,635
2010 $15,217 $24,071 $6,216 $12,753
2009 $16,472 $26,157 $5,083 $11,686
2008 $18,787 $29,978 $5,503 $13,810
2007 $18,205 $29,851 $5,529 $13,389
2006 $16,174 $26,949 $5,292 $12,563
2005 $14,369 $23,485 $5,391 $11,458
2004 $13,038 $21,629 $4,957 $10,818
2003 $12,173 $20,127 $4,230 $10,439
2002 $11,659 $18,813 $3,117 $9,958
2001 $11,539 $18,569 $3,206 $9,420
2000 $12,027 $19,319 $3,451 $9,380
1999 $11,342 $18,088 $3,340 $9,188
1998 $10,907 $17,496 $2,981 $8,441
1997 $10,336 $16,836 $3,194 $8,497
1996 $9,756 $16,017 $3,156 $7,890
1995 $9,034 $15,062 $3,156 $7,503
1994 $9,351 $15,736 $2,917 $7,049
1993 $8,625 $14,720 $2,929 $6,847
1992 $8,154 $13,908 $3,005 $6,753
1991 $7,956 $13,658 $2,939 $6,598
1990 $7,591 $12,996 $2,903 $6,104
1989 $7,188 - $2,428 -
1988 $6,466 - $2,141 -
1987 $5,424 - $1,639 -
1986 $4,629 - $1,200 -
1985 $3,814 - $994 -
1984 $3,271 - $1,145 -
1983 $2,847 - $1,121 -
1982 $2,569 - $1,006 -
1981 $2,310 - $1,107 -
1980 $2,053 - $1,132 -
1979 $1,705 - $909 -
1978 $1,375 - $695 -
1977 $1,214 - $565 -
1976 - - $490 -
1975 - - $493 -
1974 - - $446 -
1973 - - $374 -
1972 - - $264.2 -
1971 - - $212.2 -
1970 - - $163 -
1969 - - $131.8 -
1968 - - $113.4 -
1967 - - $100.9 -
1966 - - $89.1 -
1965 - - $79.7 -
1964 - - $73.5 -
1963 - - $68.9 -
1962 - - $66 -
1961 - - $62.3 -
1960 - - $58.9 -

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

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $7,696 in Botswana, ranking 97/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Botswana ranks 95th at $20,538.

Economic indicators

Antigua Botswana
Gross domestic product
$2.21B
2024
$19.4B
2024
GDP rank
177/197
2024
133/197
2024
GDP growth
3.66%
2023-2024
-2.99%
2023-2024
GDP per capita
$23,542
2024
$7,696
2024
GDP per capita rank
53/197
2024
97/197
2024
GDP per capita, PPP
$33,386
2024
$20,538
2024
GDP per capita PPP rank
66/197
2024
95/197
2024
Government debt
$1.49B
2024
$5.82B
2024
Debt-to-GDP ratio
67.6%
2024
30%
2024
Government debt per person
$15,910
2024
$2,310
2024
Government debt per person rank
39/185
2024
114/185
2024
Average annual personal income after taxes
$16,563
2026
$5,271
2026
Market capitalization of domestic companies n/a
$3.59B
2023
Income share by richest 10% n/a
42.9%
2015
Income share by poorest 10% n/a
1.4%
2015
Government expenditure, % of GDP
19.8%
2024
33.8%
2024
Consumer prices inflation
6.2%
2023-2024
2.82%
2023-2024
Central bank interest rate n/a
1.9%
2024
Unemployment rate
5.37%
2023
24.4%
2024
Population
94757
2615162

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Botswana
Spending

Debt
1x
Year % of GDP
Antigua Botswana
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 33.8% 30%
2023 18.8% 76.3% 32.4% 22.5%
2022 20.7% 82% 29.5% 21.3%
2021 23.4% 93% 33% 23.4%
2020 26% 100.5% 38.5% 24.8%
2019 22.1% 81.6% 36.4% 21.3%
2018 21.5% 84.3% 35.9% 19.8%
2017 22.6% 88.2% 35% 19.8%
2016 23.8% 83.1% 34.2% 22.4%
2015 24.8% 92.1% 39.7% 25.7%
2014 20.9% 91.9% 36.4% 23.9%
2013 20.7% 85.4% 34.8% 24.7%
2012 18.5% 76.9% 38.3% 27.3%
2011 21.1% 81.1% 37.4% 28.1%
2010 20% 79.4% 44.7% 27.9%
2009 32.1% 89.2% 54.5% 23.5%
2008 23.2% 66.8% 48% 7.77%
2007 23.8% 68.7% 38.3% 6.12%
2006 26% 79.1% 34.1% 6.32%
2005 21.5% 82.8% 35% 7.74%
2004 21.9% 107.7% 42% 11.3%
2003 24.2% 113% 44% 7.29%
2002 26.3% 114.5% 46% 8.55%
2001 24.2% 107.6% 42.9% 7.61%
2000 21.1% 96.4% 39.8% 8.37%
1999 20.3% 95.9% 41.7% 9.68%
1998 20.7% 94.6% 44.3% 12%
1997 16.8% 80.6% 40% -
1996 19.6% 85.5% 37.2% -
1995 21% 92.1% 38.1% -
1994 21.2% 84.5% 39.2% -
1993 19.4% 85.3% 44.2% -
1992 18.7% 90.8% 43.4% -
1991 20.8% 94.6% 42.3% -
1990 18.1% 94.1% 40.5% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Botswana spent $6.55B, or 33.8% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 30% in Botswana, ranking 63/185 and 158/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Botswana
1x
Year Deficit/surplus, % of GDP
Antigua Botswana
2024 1.61% -7.82%
2023 -1.7% -4.25%
2022 -2.84% -0.006%
2021 -4.52% -2.46%
2020 -6.23% -11.5%
2019 -3.64% -8.43%
2018 -2.43% -5.07%
2017 -2.72% -1.16%
2016 -0.14% 0.72%
2015 -2.42% -5.06%
2014 -2.6% 3.88%
2013 -3.83% 6.07%
2012 -0.97% 0.92%
2011 -3.09% -0.12%
2010 -0.24% -8.36%
2009 -15.8% -14.4%
2008 -4.72% -7.59%
2007 -4.98% 5.92%
2006 -6.62% 13.7%
2005 -4.29% 10.7%
2004 -3.9% 1.42%
2003 -7.32% -0.18%
2002 -8.83% -4.02%
2001 -8.58% -2.96%
2000 -4.5% 8.95%
1999 -3.08% 6.18%
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 (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/botswana | 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 Botswana's deficit of $1.52B, or 7.82% of GDP.

Over the past 26 years, Antigua and Barbuda recorded a fiscal deficit in 25 of those years, while Botswana ran a deficit in 16 years. On average, Antigua and Barbuda posted an annual deficit equal to 4.17% of GDP, compared to deficit of 0.96% of GDP for Botswana.

Inflation comparison by year

Inflation
Antigua and Barbuda

Botswana
1x
Year Consumer prices inflation
Antigua Botswana
2024 6.2% 2.82%
2023 5.1% 5.07%
2022 7.5% 11.7%
2021 1.6% 7.24%
2020 1.1% 1.89%
2019 1.4% 2.77%
2018 1.2% 3.24%
2017 2.4% 3.31%
2016 -0.5% 2.81%
2015 1% 3.06%
2014 1.1% 4.4%
2013 1.1% 5.88%
2012 3.4% 7.54%
2011 3.5% 8.46%
2010 3.4% 6.95%
2009 -0.6% 8.03%
2008 5.3% 12.7%
2007 1.4% 7.08%
2006 1.8% 11.6%
2005 2.1% 8.61%
2004 2% 6.95%
2003 2% 9.19%
2002 2.4% 8.03%
2001 1.9% 6.56%
2000 -0.2% 8.6%
1999 1.1% 7.75%
1998 3.3% 6.66%
1997 0.4% 8.72%

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/botswana | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 6.7% in Botswana. In 2024, inflation was 6.2% in Antigua and Barbuda and 2.82% in Botswana.

Balance of trade

Antigua Botswana
Current account balance
-$181M
2024
-$821M
2024
Current account balance ranking
98/190
2024
118/190
2024
Current account balance, % of GDP
-8.22%
2024
-4.23%
2024
Goods imports
$726M
2024
$6.86B
2024
Goods exports
$72.1M
2024
$4.66B
2024
Service imports
$557M
2024
$1.29B
2024
Service exports
$1.24B
2024
$935M
2024
Imports of goods and services, % of GDP
63%
2022
43.7%
2024
Exports of goods and services, % of GDP
54.7%
2022
27.4%
2024

Economic freedom indices

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

Antigua Botswana
Economic freedom 56 67.7
Economic freedom ranking 125/197 53/197
Property rights n/a 71.7
Government integrity n/a 59.6
Judicial effectiveness n/a 70.2
Tax burden n/a 87.1
Government spending n/a 69.8
Fiscal health n/a 72.4
Business freedom n/a 61.5
Labor freedom n/a 60.7
Monetary freedom n/a 72
Trade freedom n/a 77
Investment freedom n/a 50
Financial freedom n/a 60

Other economic metrics

Antigua Botswana
Services, % of GDP
69.1%
2023
63.5%
2024
Industry, % of GDP
19%
2023
29.4%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
1.71%
2024
GNI, Atlas method
$1.98B
2024
$19.5B
2024
GNI per capita, PPP
$31,730
2024
$20,570
2024
Total reserves including gold
$358M
2024
$3.46B
2024
Total reserves ranking
164/177
2024
113/177
2024
Net foreign direct investment
-$253M
2024
-$464M
2024
Net inflows of foreign direct investment
$246M
2024
$467M
2024
Net outflows of foreign direct investment
-$68.4K
2024
$3.02M
2024
Servicing debt to the IMF, % of GNI n/a
1.42%
2024
Poverty at national poverty lines n/a
16.1%
2015
Gross capital formation, % of GDP n/a
36%
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/botswana | 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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. 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.