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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $113B for Bulgaria, ranking 177/197 and 67/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $27.3B (24.1% of GDP) in Bulgaria.

Antigua and Barbuda vs Bulgaria GDP by year

Antigua and Barbuda
Bulgaria
1x
Year GDP, current $
Antigua Bulgaria
2024 $2,207,622,874 $113,343,355,780
2023 $2,005,785,185 $102,199,231,385
2022 $1,866,566,667 $90,506,153,294
2021 $1,602,125,926 $84,374,613,233
2020 $1,411,637,037 $70,486,877,546
2019 $1,726,448,148 $68,507,731,354
2018 $1,661,529,630 $66,097,226,262
2017 $1,534,855,556 $59,167,647,388
2016 $1,489,603,704 $53,929,397,039
2015 $1,437,485,185 $50,765,918,159
2014 $1,378,707,407 $57,080,897,012
2013 $1,325,496,296 $55,819,262,375
2012 $1,364,729,630 $54,297,052,002
2011 $1,287,359,259 $57,681,293,007
2010 $1,298,348,148 $50,689,051,382
2009 $1,386,518,519 $52,023,801,230
2008 $1,557,640,741 $54,480,684,188
2007 $1,487,381,481 $44,431,257,129
2006 $1,303,674,074 $34,380,536,496
2005 $1,143,896,296 $29,868,657,858
2004 $1,026,329,630 $26,157,743,369
2003 $948,100,000 $21,144,957,990
2002 $898,092,593 $16,403,043,850
2001 $877,774,074 $14,183,446,026
2000 $901,003,704 $13,245,990,274
1999 $835,544,444 $13,637,098,579
1998 $789,788,889 $15,031,055,047
1997 $734,422,222 $11,316,127,379
1996 $679,140,741 $12,294,964,838
1995 $616,051,852 $18,991,484,420
1994 $625,081,481 $9,709,240,034
1993 $565,662,963 $10,832,064,942
1992 $525,133,333 $8,602,887,623
1991 $504,337,037 $7,628,738,475
1990 $478,718,519 $20,632,090,909
1989 $455,174,074 $21,988,444,444
1988 $411,396,296 $22,555,941,176
1987 $346,866,667 $28,101,000,000
1986 $297,562,963 $20,249,294,118
1985 $246,370,370 $17,155,421,053
1984 $212,214,815 $17,594,944,444
1983 $184,866,667 $16,563,666,667
1982 $166,444,444 $19,342,000,000
1981 $149,388,889 $19,870,000,000
1980 $132,451,852 $19,839,230,769
1979 $109,596,296 -
1978 $88,040,741 -
1977 $77,507,407 -

Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).

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

GDP per capita in Antigua and Barbuda vs Bulgaria by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Bulgaria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Bulgaria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $17,596 $41,969
2023 $21,495 $31,602 $15,853 $38,829
2022 $20,105 $29,934 $13,999 $36,320
2021 $17,349 $25,745 $12,966 $30,959
2020 $15,370 $22,370 $10,760 $27,352
2019 $18,896 $26,551 $10,354 $26,766
2018 $18,273 $24,524 $9,849 $23,998
2017 $16,966 $21,422 $8,697 $22,317
2016 $16,557 $21,320 $7,822 $20,746
2015 $16,078 $20,985 $7,269 $18,896
2014 $15,532 $21,671 $8,070 $17,991
2013 $15,052 $21,761 $7,796 $16,894
2012 $15,640 $23,012 $7,432 $16,327
2011 $14,912 $23,804 $7,850 $15,747
2010 $15,217 $24,071 $6,854 $14,954
2009 $16,472 $26,157 $6,988 $14,188
2008 $18,787 $29,978 $7,271 $14,347
2007 $18,205 $29,851 $5,889 $12,822
2006 $16,174 $26,949 $4,523 $11,406
2005 $14,369 $23,485 $3,900 $10,291
2004 $13,038 $21,629 $3,390 $9,200
2003 $12,173 $20,127 $2,719 $8,416
2002 $11,659 $18,813 $2,093 $7,786
2001 $11,539 $18,569 $1,771 $6,960
2000 $12,027 $19,319 $1,621 $6,424
1999 $11,342 $18,088 $1,661 $5,808
1998 $10,907 $17,496 $1,820 $6,178
1997 $10,336 $16,836 $1,361 $5,751
1996 $9,756 $16,017 $1,470 $6,849
1995 $9,034 $15,062 $2,259 $7,743
1994 $9,351 $15,736 $1,150 $7,338
1993 $8,625 $14,720 $1,279 $7,032
1992 $8,154 $13,908 $1,007 $6,917
1991 $7,956 $13,658 $884 $7,215
1990 $7,591 $12,996 $2,367 $7,548
1989 $7,188 - $2,477 -
1988 $6,466 - $2,511 -
1987 $5,424 - $3,132 -
1986 $4,629 - $2,260 -
1985 $3,814 - $1,915 -
1984 $3,271 - $1,964 -
1983 $2,847 - $1,853 -
1982 $2,569 - $2,169 -
1981 $2,310 - $2,235 -
1980 $2,053 - $2,239 -
1979 $1,705 - - -
1978 $1,375 - - -
1977 $1,214 - - -

Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $17,596 in Bulgaria, ranking 64/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Bulgaria ranks 54th at $41,969.

Economic indicators

Antigua Bulgaria
Gross domestic product
$2.21B
2024
$113B
2024
GDP rank
177/197
2024
67/197
2024
GDP growth
3.66%
2023-2024
3.39%
2023-2024
GDP per capita
$23,542
2024
$17,596
2024
GDP per capita rank
53/197
2024
64/197
2024
GDP per capita, PPP
$33,386
2024
$41,969
2024
GDP per capita PPP rank
66/197
2024
54/197
2024
Government debt
$1.49B
2024
$27.3B
2024
Debt-to-GDP ratio
67.6%
2024
24.1%
2024
Government debt per person
$15,910
2024
$4,237
2024
Government debt per person rank
39/185
2024
90/185
2024
Average annual personal income after taxes
$16,563
2026
$14,263
2026
Market capitalization of domestic companies n/a
$8.41B
2024
Number of billionaires n/a
2
2025
Income share by richest 10% n/a
31.1%
2023
Income share by poorest 10% n/a
2.1%
2023
Government expenditure, % of GDP
19.8%
2024
36.7%
2024
Consumer prices inflation
6.2%
2023-2024
2.6%
2023-2024
Central bank interest rate n/a
1.81%
2025
Unemployment rate
5.37%
2023
4.17%
2024
Population
94757
6359449

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Bulgaria
Spending

Debt
1x
Year % of GDP
Antigua Bulgaria
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 36.7% 24.1%
2023 18.8% 76.3% 37.4% 22.9%
2022 20.7% 82% 37.6% 22.5%
2021 23.4% 93% 38.4% 23.8%
2020 26% 100.5% 37.6% 22.7%
2019 22.1% 81.6% 36% 18.4%
2018 21.5% 84.3% 34.4% 20.1%
2017 22.6% 88.2% 32% 22.9%
2016 23.8% 83.1% 32.7% 27%
2015 24.8% 92.1% 37.3% 25.4%
2014 20.9% 91.9% 37.1% 26.3%
2013 20.7% 85.4% 35.5% 17.2%
2012 18.5% 76.9% 32.5% 16.5%
2011 21.1% 81.1% 32% 14.3%
2010 20% 79.4% 34.6% 14.1%
2009 32.1% 89.2% 33.8% 14.5%
2008 23.2% 66.8% 33.5% 14.7%
2007 23.8% 68.7% 33.1% 17.6%
2006 26% 79.1% 32.5% 22.6%
2005 21.5% 82.8% 34% 28.5%
2004 21.9% 107.7% 34.6% 37.8%
2003 24.2% 113% 35.8% 45.4%
2002 26.3% 114.5% 35.1% 53.4%
2001 24.2% 107.6% 36.5% 67.1%
2000 21.1% 96.4% 37.1% 73.3%
1999 20.3% 95.9% 36.2% 78.7%
1998 20.7% 94.6% 30.6% 67.3%
1997 16.8% 80.6% 32.9% 88.4%
1996 19.6% 85.5% 44% 113.8%
1995 21% 92.1% 45.4% 72%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1997, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Bulgaria spent $41.5B, or 36.7% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 24.1% in Bulgaria, ranking 63/185 and 169/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Bulgaria
1x
Year Deficit/surplus, % of GDP
Antigua Bulgaria
2024 1.61% -3.04%
2023 -1.7% -3.03%
2022 -2.84% -0.8%
2021 -4.52% -2.8%
2020 -6.23% -2.92%
2019 -3.64% -0.96%
2018 -2.43% 0.12%
2017 -2.72% 0.82%
2016 -0.14% 1.54%
2015 -2.42% -2.77%
2014 -2.6% -3.65%
2013 -3.83% -1.75%
2012 -0.97% -0.43%
2011 -3.09% -1.83%
2010 -0.24% -3.77%
2009 -15.8% -0.86%
2008 -4.72% 2.73%
2007 -4.98% 3.09%
2006 -6.62% 3.22%
2005 -4.29% 2.19%
2004 -3.9% 1.59%
2003 -7.32% 0.003%
2002 -8.83% -0.61%
2001 -8.58% -0.58%
2000 -4.5% -0.6%
1999 -3.08% 0.15%
1998 -1.62% 1.08%
1997 0% 0.83%
1996 -1.61% -10.1%
1995 -3.89% -7.98%
1994 -4.33% -
1993 -2.45% -
1992 -0.81% -
1991 -3.91% -
1990 0.12% -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - 0%
1943 - 0%
1942 - -0.3%
1941 - 3.96%
1940 - 0.75%
1939 - 0.72%
1938 - 1%
1937 - 1.41%
1936 - 1.17%
1935 - 1.34%
1934 - -0.12%
1933 - -0.56%
1932 - -2.14%
1931 - -3.07%
1930 - -5.48%
1929 - -6.67%
1928 - -1.09%
1927 - -0.02%
1926 - -0.25%
1925 - -0.97%
1924 - 1.26%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/bulgaria | 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 Bulgaria's deficit of $3.44B, or 3.04% of GDP.

Over the past 30 years, Antigua and Barbuda recorded a fiscal deficit in 28 of those years, while Bulgaria ran a deficit in 18 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.85% of GDP, compared to deficit of 1.04% of GDP for Bulgaria.

Inflation comparison by year

Inflation
Antigua and Barbuda

Bulgaria
1x
Year Consumer prices inflation
Antigua Bulgaria
2024 6.2% 2.6%
2023 5.1% 8.6%
2022 7.5% 13%
2021 1.6% 2.8%
2020 1.1% 1.2%
2019 1.4% 2.5%
2018 1.2% 2.6%
2017 2.4% 1.2%
2016 -0.5% -1.3%
2015 1% -1.1%
2014 1.1% -1.6%
2013 1.1% 0.4%
2012 3.4% 2.4%
2011 3.5% 3.4%
2010 3.4% 3%
2009 -0.6% 2.5%
2008 5.3% 12%
2007 1.4% 7.6%
2006 1.8% 7.4%
2005 2.1% 6%
2004 2% 6.1%
2003 2% 2.3%
2002 2.4% 5.8%
2001 1.9% 7.4%
2000 -0.2% 10.3%
1999 1.1% 2.6%
1998 3.3% 18.7%
1997 0.4% 1,061%

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

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

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 42.5% in Bulgaria. In 2024, inflation was 6.2% in Antigua and Barbuda and 2.6% in Bulgaria.

Top exports between countries

Antigua
Export category Export value
Raw materials & minerals $1K
Bulgaria
Export category Export value
Miscellaneous $97K
Machinery & equipment $49K
Processed food, beverages & tobacco $7K
Chemicals & pharma $3K
Raw materials & minerals $2K

Balance of trade

Antigua Bulgaria
Current account balance
-$181M
2024
-$1.74B
2024
Current account balance ranking
98/190
2024
138/190
2024
Current account balance, % of GDP
-8.22%
2024
-1.54%
2024
Goods imports
$726M
2024
$52.8B
2024
Goods exports
$72.1M
2024
$47.3B
2024
Service imports
$557M
2024
$8.26B
2024
Service exports
$1.24B
2024
$16.6B
2024
Imports of goods and services, % of GDP
63%
2022
53.9%
2024
Exports of goods and services, % of GDP
54.7%
2022
56.4%
2024

Economic freedom indices

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

Antigua Bulgaria
Economic freedom 56 68.9
Economic freedom ranking 125/197 44/197
Property rights n/a 75.8
Government integrity n/a 48.4
Judicial effectiveness n/a 58.5
Tax burden n/a 89.1
Government spending n/a 58.4
Fiscal health n/a 90.4
Business freedom n/a 78.2
Labor freedom n/a 62.4
Monetary freedom n/a 75.8
Trade freedom n/a 79.4
Investment freedom n/a 60
Financial freedom n/a 50

Other economic metrics

Antigua Bulgaria
Services, % of GDP
69.1%
2023
63.8%
2024
Industry, % of GDP
19%
2023
21.1%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
2.35%
2024
GNI, Atlas method
$1.98B
2024
$99B
2024
GNI per capita, PPP
$31,730
2024
$39,850
2024
Total reserves including gold
$358M
2024
$43.7B
2024
Total reserves ranking
164/177
2024
47/177
2024
Net foreign direct investment
-$253M
2024
-$2.22B
2024
Net inflows of foreign direct investment
$246M
2024
$3.55B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$1.13B
2024
Servicing debt to the IMF, % of GNI n/a
6.8%
2024
Poverty at national poverty lines n/a
21.7%
2023
Gross capital formation, % of GDP n/a
20.4%
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/bulgaria | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1977–2024, 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 (1924–1997, 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 (2020–2024, 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.