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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $2.19T for Brazil, ranking 177/197 and 10/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $1.91T (87.3% of GDP) in Brazil.

Antigua and Barbuda vs Brazil GDP by year

Antigua and Barbuda
Brazil
1x
Year GDP, current $
Antigua Brazil
2024 $2,207,622,874 $2,185,821,648,944
2023 $2,005,785,185 $2,191,131,869,706
2022 $1,866,566,667 $1,951,923,832,084
2021 $1,602,125,926 $1,670,647,464,063
2020 $1,411,637,037 $1,476,107,292,152
2019 $1,726,448,148 $1,873,288,158,839
2018 $1,661,529,630 $1,916,933,708,353
2017 $1,534,855,556 $2,063,514,688,806
2016 $1,489,603,704 $1,795,693,265,999
2015 $1,437,485,185 $1,802,211,999,456
2014 $1,378,707,407 $2,456,043,766,032
2013 $1,325,496,296 $2,472,819,362,044
2012 $1,364,729,630 $2,465,228,293,707
2011 $1,287,359,259 $2,616,156,606,579
2010 $1,298,348,148 $2,208,838,108,484
2009 $1,386,518,519 $1,666,996,294,252
2008 $1,557,640,741 $1,695,855,391,758
2007 $1,487,381,481 $1,397,114,247,189
2006 $1,303,674,074 $1,107,626,711,163
2005 $1,143,896,296 $891,633,826,625
2004 $1,026,329,630 $669,289,321,945
2003 $948,100,000 $558,233,724,165
2002 $898,092,593 $509,795,270,685
2001 $877,774,074 $559,983,704,094
2000 $901,003,704 $655,448,188,259
1999 $835,544,444 $599,642,075,004
1998 $789,788,889 $863,711,007,325
1997 $734,422,222 $883,206,452,795
1996 $679,140,741 $850,426,433,004
1995 $616,051,852 $769,333,330,412
1994 $625,081,481 $525,369,851,354
1993 $565,662,963 $368,295,778,245
1992 $525,133,333 $328,187,960,872
1991 $504,337,037 $342,609,231,343
1990 $478,718,519 $390,725,626,003
1989 $455,174,074 $412,990,820,287
1988 $411,396,296 $307,881,930,752
1987 $346,866,667 $283,056,836,894
1986 $297,562,963 $256,480,852,471
1985 $246,370,370 $210,879,844,639
1984 $212,214,815 $188,339,974,087
1983 $184,866,667 $189,656,506,321
1982 $166,444,444 $271,314,113,768
1981 $149,388,889 $258,015,174,749
1980 $132,451,852 $237,393,489,893
1979 $109,596,296 $221,338,204,480
1978 $88,040,741 $200,278,646,124
1977 $77,507,407 $176,344,101,402
1976 - $153,168,949,208
1975 - $129,203,555,239
1974 - $109,794,519,728
1973 - $83,592,275,863
1972 - $58,434,858,375
1971 - $48,869,830,902
1970 - $42,327,664,794
1969 - $37,171,640,819
1968 - $33,930,457,425
1967 - $31,086,389,195
1966 - $28,283,323,733
1965 - $22,465,522,884
1964 - $20,963,733,695
1963 - $23,287,712,878
1962 - $19,231,747,852
1961 - $17,275,940,449
1960 - $17,030,465,539

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

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

GDP per capita in Antigua and Barbuda vs Brazil by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Brazil
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Brazil
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $10,311 $22,338
2023 $21,495 $31,602 $10,378 $21,176
2022 $20,105 $29,934 $9,281 $19,877
2021 $17,349 $25,745 $7,973 $18,076
2020 $15,370 $22,370 $7,074 $16,102
2019 $18,896 $26,551 $9,030 $16,070
2018 $18,273 $24,524 $9,301 $15,464
2017 $16,966 $21,422 $10,081 $14,559
2016 $16,557 $21,320 $8,836 $14,309
2015 $16,078 $20,985 $8,936 $14,821
2014 $15,532 $21,671 $12,275 $15,827
2013 $15,052 $21,761 $12,459 $15,722
2012 $15,640 $23,012 $12,522 $15,198
2011 $14,912 $23,804 $13,397 $15,212
2010 $15,217 $24,071 $11,403 $14,452
2009 $16,472 $26,157 $8,679 $13,391
2008 $18,787 $29,978 $8,908 $13,445
2007 $18,205 $29,851 $7,410 $12,673
2006 $16,174 $26,949 $5,934 $11,751
2005 $14,369 $23,485 $4,828 $11,081
2004 $13,038 $21,629 $3,664 $10,526
2003 $12,173 $20,127 $3,091 $9,802
2002 $11,659 $18,813 $2,856 $9,617
2001 $11,539 $18,569 $3,176 $9,304
2000 $12,027 $19,319 $3,767 $9,092
1999 $11,342 $18,088 $3,494 $8,635
1998 $10,907 $17,496 $5,106 $8,599
1997 $10,336 $16,836 $5,299 $8,602
1996 $9,756 $16,017 $5,179 $8,301
1995 $9,034 $15,062 $4,757 $8,097
1994 $9,351 $15,736 $3,299 $7,727
1993 $8,625 $14,720 $2,349 $7,260
1992 $8,154 $13,908 $2,127 $6,869
1991 $7,956 $13,658 $2,258 $6,867
1990 $7,591 $12,996 $2,620 $6,688
1989 $7,188 - $2,819 -
1988 $6,466 - $2,141 -
1987 $5,424 - $2,006 -
1986 $4,629 - $1,854 -
1985 $3,814 - $1,556 -
1984 $3,271 - $1,420 -
1983 $2,847 - $1,461 -
1982 $2,569 - $2,138 -
1981 $2,310 - $2,080 -
1980 $2,053 - $1,959 -
1979 $1,705 - $1,870 -
1978 $1,375 - $1,733 -
1977 $1,214 - $1,562 -
1976 - - $1,390 -
1975 - - $1,201 -
1974 - - $1,045 -
1973 - - $815 -
1972 - - $583 -
1971 - - $500 -
1970 - - $444 -
1969 - - $399 -
1968 - - $374 -
1967 - - $351 -
1966 - - $328 -
1965 - - $268 -
1964 - - $257.3 -
1963 - - $294.2 -
1962 - - $250.2 -
1961 - - $231.6 -
1960 - - $235.3 -

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

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $10,311 in Brazil, ranking 85/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Brazil ranks 88th at $22,338.

Economic indicators

Antigua Brazil
Gross domestic product
$2.21B
2024
$2.19T
2024
GDP rank
177/197
2024
10/197
2024
GDP growth
3.66%
2023-2024
3.42%
2023-2024
GDP per capita
$23,542
2024
$10,311
2024
GDP per capita rank
53/197
2024
85/197
2024
GDP per capita, PPP
$33,386
2024
$22,338
2024
GDP per capita PPP rank
66/197
2024
88/197
2024
Government debt
$1.49B
2024
$1.91T
2024
Debt-to-GDP ratio
67.6%
2024
87.3%
2024
Government debt per person
$15,910
2024
$8,999
2024
Government debt per person rank
39/185
2024
60/185
2024
Average annual personal income after taxes
$16,563
2026
$6,263
2026
Market capitalization of domestic companies n/a
$659B
2024
Number of millionaires n/a
433,000
2025
Number of billionaires n/a
56
2025
Income share by richest 10% n/a
40.8%
2023
Income share by poorest 10% n/a
1.3%
2023
Government expenditure, % of GDP
19.8%
2024
45.7%
2024
Consumer prices inflation
6.2%
2023-2024
4.4%
2023-2024
Central bank interest rate n/a
15%
2025
Unemployment rate
5.37%
2023
6.8%
2024
Population
94757
213824938

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Brazil
Spending

Debt
1x
Year % of GDP
Antigua Brazil
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 45.7% 87.3%
2023 18.8% 76.3% 45.3% 84%
2022 20.7% 82% 43.4% 83.9%
2021 23.4% 93% 40.4% 88.9%
2020 26% 100.5% 46.2% 96%
2019 22.1% 81.6% 43% 87.1%
2018 21.5% 84.3% 44.2% 84.8%
2017 22.6% 88.2% 44.3% 82.7%
2016 23.8% 83.1% 45.5% 77.4%
2015 24.8% 92.1% 46.2% 71.7%
2014 20.9% 91.9% 41.4% 61.6%
2013 20.7% 85.4% 39.8% 59.6%
2012 18.5% 76.9% 39.3% 61.6%
2011 21.1% 81.1% 39.4% 60.6%
2010 20% 79.4% 39.5% 62.4%
2009 32.1% 89.2% 40.5% 64.7%
2008 23.2% 66.8% 39.9% 61.4%
2007 23.8% 68.7% 40.4% 63%
2006 26% 79.1% 42.6% 64.6%
2005 21.5% 82.8% 41.9% 67%
2004 21.9% 107.7% 39.7% 68%
2003 24.2% 113% 41.3% 71.5%
2002 26.3% 114.5% 44.5% 76.1%
2001 24.2% 107.6% 39.8% 67.3%
2000 21.1% 96.4% 34.5% 62.2%
1999 20.3% 95.9% 39.6% 44.5%
1998 20.7% 94.6% 40.9% 38.9%
1997 16.8% 80.6% 38.6% 31.8%
1996 19.6% 85.5% 38.2% 30.7%
1995 21% 92.1% - 28%
1994 21.2% 84.5% - 30%
1993 19.4% 85.3% - 32.6%
1992 18.7% 90.8% - 37.1%
1991 20.8% 94.6% - 38.1%
1990 18.1% 94.1% - 40.6%
1989 - - - 40.2%
1988 - - - 46.9%
1987 - - - 50.3%
1986 - - 11.7% 49.4%
1985 - - 11.1% 52.6%
1984 - - 10% 55.8%
1983 - - 9.7% 51.5%
1982 - - 8.1% 32.8%
1981 - - 7.8% 34.6%
1980 - - 6.8% 39.7%
1979 - - 9% 36.6%
1978 - - 10.2% 37%
1977 - - 10.4% 31%
1976 - - 10.6% 31.8%
1975 - - 10.7% 27.7%
1974 - - 10.5% 25.7%
1973 - - 11% 22.4%
1972 - - 12.6% 22.5%
1971 - - 11.7% 17.9%
1970 - - 11.4% 17%
1969 - - 11.2% 16.5%
1968 - - 14.4% 15.8%
1967 - - 13.5% 13.8%
1966 - - 14.6% 19.6%
1965 - - 14% 17.6%
1964 - - 25.4% 22.2%
1963 - - 22.8% 20.4%
1962 - - 23.1% 23.7%
1961 - - 12% 25.7%
1960 - - 13.7% 22.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Brazil spent $998B, or 45.7% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 87.3% in Brazil, ranking 63/185 and 38/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Brazil
1x
Year Deficit/surplus, % of GDP
Antigua Brazil
2024 1.61% -6.19%
2023 -1.7% -7.71%
2022 -2.84% -3.96%
2021 -4.52% -2.63%
2020 -6.23% -11.6%
2019 -3.64% -4.86%
2018 -2.43% -6.99%
2017 -2.72% -7.97%
2016 -0.14% -7.99%
2015 -2.42% -9.28%
2014 -2.6% -6.27%
2013 -3.83% -3.42%
2012 -0.97% -2.35%
2011 -3.09% -2.74%
2010 -0.24% -3.55%
2009 -15.8% -4.23%
2008 -4.72% -2.39%
2007 -4.98% -2.66%
2006 -6.62% -4.87%
2005 -4.29% -3.36%
2004 -3.9% -2.95%
2003 -7.32% -5.4%
2002 -8.83% -4.15%
2001 -8.58% -3.47%
2000 -4.5% -3.32%
1999 -3.08% -5.17%
1998 -1.62% -7.22%
1997 0% -5.6%
1996 -1.61% -5.35%
1995 -3.89% -
1994 -4.33% -
1993 -2.45% -
1992 -0.81% -
1991 -3.91% -
1990 0.12% -
1989 - -
1988 - -
1987 - -
1986 - -1.6%
1985 - -1.3%
1984 - -0.4%
1983 - 0.1%
1982 - 1.4%
1981 - 1%
1980 - 2.5%
1979 - 0.4%
1978 - -0.1%
1977 - 0.1%
1976 - 0.1%
1975 - 0%
1974 - 0.6%
1973 - 0.1%
1972 - -0.1%
1971 - -0.3%
1970 - -0.4%
1969 - -0.6%
1968 - -1.6%
1967 - -2.1%
1966 - -1.3%
1965 - -2%
1964 - -8.79%
1963 - -5.78%
1962 - -6.82%
1961 - -2.93%
1960 - -3.85%
1959 - -0.18%
1958 - -0.76%
1957 - -0.29%
1956 - -0.14%
1955 - -0.62%
1954 - -0.49%
1953 - -1.26%
1952 - 0.64%
1951 - 0.87%
1950 - -1.58%
1949 - -1.22%
1948 - 0.002%
1947 - 0.25%
1946 - -1.78%
1945 - -2.87%
1944 - -2.37%
1943 - -0.75%
1942 - -2.55%
1941 - -2.15%
1940 - -1.13%
1939 - -1.2%
1938 - -0.59%
1937 - -1.62%
1936 - -0.27%
1935 - -0.5%
1934 - -2.28%
1933 - -1.56%
1932 - -6.47%
1931 - -1.56%
1930 - -3.58%
1929 - -0.09%
1928 - 0.57%
1927 - 0.12%
1926 - -0.76%
1925 - -0.07%
1924 - -0.45%
1923 - -1.94%
1922 - -3.8%
1921 - -2.98%
1920 - -3.11%
1919 - -3.69%
1918 - -4.51%
1917 - -4.8%
1916 - -4.35%
1915 - -6.33%
1914 - -7.32%
1913 - -1.91%
1912 - -3.05%
1911 - -2.15%
1910 - -2.06%
1909 - -1.62%
1908 - -1.89%
1907 - 0.38%
1906 - 0.28%
1905 - 0.96%
1904 - -0.62%
1903 - 1.79%
1902 - 1.59%
1901 - -2.46%
1900 - -5.57%
1899 - -2.13%
1898 - -14%
1897 - -2.38%
1896 - -0.79%
1895 - -1.33%
1894 - -4.11%
1893 - -1.77%
1892 - -2.6%
1891 - 0.51%
1890 - -3.02%
1889 - -3.79%
1888 - 0.63%
1887 - -0.76%
1886 - -3.8%
1885 - -5.71%
1884 - -3.89%
1883 - -3.33%
1882 - -1.58%
1881 - -1.9%
1880 - -4.84%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/brazil | 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 Brazil's deficit of $135B, or 6.19% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Brazil ran a deficit in 29 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 5.09% of GDP for Brazil.

Inflation comparison by year

Inflation
Antigua and Barbuda

Brazil
1x
Year Consumer prices inflation
Antigua Brazil
2024 6.2% 4.4%
2023 5.1% 4.6%
2022 7.5% 9.3%
2021 1.6% 8.3%
2020 1.1% 3.2%
2019 1.4% 3.7%
2018 1.2% 3.7%
2017 2.4% 3.4%
2016 -0.5% 8.7%
2015 1% 9%
2014 1.1% 6.3%
2013 1.1% 6.2%
2012 3.4% 5.4%
2011 3.5% 6.6%
2010 3.4% 5%
2009 -0.6% 4.9%
2008 5.3% 5.7%
2007 1.4% 3.6%
2006 1.8% 4.2%
2005 2.1% 6.9%
2004 2% 6.6%
2003 2% 14.7%
2002 2.4% 8.4%
2001 1.9% 6.8%
2000 -0.2% 7%
1999 1.1% 4.9%
1998 3.3% 3.2%
1997 0.4% 6.9%

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

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

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 6.13% in Brazil. In 2024, inflation was 6.2% in Antigua and Barbuda and 4.4% in Brazil.

Top exports between countries

Antigua
Export category Export value
Wood & paper products $19K
Brazil
Export category Export value
Raw materials & minerals $23M
Animal & marine products $8.16M
Machinery & equipment $1.33M
Wood & paper products $1.31M
Processed food, beverages & tobacco $1.27M
Raw agricultural goods $552K
Textiles & consumer goods $489K
Chemicals & pharma $156K
Precious metals & jewellery $72K
Metals $29K

Balance of trade

Antigua Brazil
Current account balance
-$181M
2024
-$66.2B
2024
Current account balance ranking
98/190
2024
188/190
2024
Current account balance, % of GDP
-8.22%
2024
-3.03%
2024
Goods imports
$726M
2024
$274B
2024
Goods exports
$72.1M
2024
$340B
2024
Service imports
$557M
2024
$103B
2024
Service exports
$1.24B
2024
$48.1B
2024
Imports of goods and services, % of GDP
63%
2022
17.6%
2024
Exports of goods and services, % of GDP
54.7%
2022
17.9%
2024

Economic freedom indices

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

Antigua Brazil
Economic freedom 56 52.4
Economic freedom ranking 125/197 148/197
Property rights n/a 49.2
Government integrity n/a 37.2
Judicial effectiveness n/a 55.6
Tax burden n/a 70.6
Government spending n/a 39.8
Fiscal health n/a 28
Business freedom n/a 65.7
Labor freedom n/a 57
Monetary freedom n/a 76
Trade freedom n/a 69
Investment freedom n/a 40
Financial freedom n/a 40

Other economic metrics

Antigua Brazil
Services, % of GDP
69.1%
2023
59.2%
2024
Industry, % of GDP
19%
2023
20.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
5.75%
2024
GNI, Atlas method
$1.98B
2024
$2.11T
2024
GNI per capita, PPP
$31,730
2024
$21,590
2024
Total reserves including gold
$358M
2024
$330B
2024
Total reserves ranking
164/177
2024
11/177
2024
Net foreign direct investment
-$253M
2024
-$47.8B
2024
Net inflows of foreign direct investment
$246M
2024
$74.1B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$26.3B
2024
Servicing debt to the IMF, % of GNI n/a
5.4%
2024
Poverty at national poverty lines n/a
4.2%
2020
Gross capital formation, % of GDP n/a
17%
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/brazil | 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 (1880–2000, 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 (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.