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

Updated on by Georank

Antigua and Barbuda has a GDP of $2.34B compared to $2.32T for Canada, ranking 178/197 and 10/197 by economy size, respectively.

Antigua and Barbuda has $1.63B in government debt (69.7% of GDP), compared to $2.63T (113.5% of GDP) in Canada.

Antigua and Barbuda vs Canada GDP by year

Antigua and Barbuda
Canada
1x
Year GDP, current $
Antigua Canada
2025 $2,338,196,296 $2,319,899,772,426
2024 $2,162,366,667 $2,270,076,189,683
2023 $2,054,096,296 $2,196,593,836,347
2022 $1,857,114,815 $2,200,562,785,046
2021 $1,602,125,926 $2,022,377,950,897
2020 $1,411,637,037 $1,655,686,966,882
2019 $1,726,448,148 $1,743,728,952,157
2018 $1,661,529,630 $1,725,330,736,238
2017 $1,534,855,556 $1,649,269,496,515
2016 $1,489,603,704 $1,527,996,250,641
2015 $1,437,485,185 $1,556,510,380,200
2014 $1,378,707,407 $1,805,751,688,809
2013 $1,325,496,296 $1,846,583,831,414
2012 $1,364,729,630 $1,828,359,477,072
2011 $1,287,359,259 $1,793,335,727,901
2010 $1,298,348,148 $1,617,349,192,091
2009 $1,386,518,519 $1,374,627,766,600
2008 $1,557,640,741 $1,552,993,439,550
2007 $1,487,381,481 $1,468,820,407,783
2006 $1,303,674,074 $1,319,291,255,289
2005 $1,143,896,296 $1,173,118,501,403
2004 $1,026,329,630 $1,026,691,006,918
2003 $948,100,000 $895,542,074,085
2002 $898,092,593 $760,650,608,552
2001 $877,774,074 $738,981,792,355
2000 $901,003,704 $744,773,415,932
1999 $835,544,444 $678,414,215,521
1998 $789,788,889 $633,999,325,918
1997 $734,422,222 $654,987,722,086
1996 $679,140,741 $630,607,994,133
1995 $616,051,852 $605,961,090,061
1994 $625,081,481 $579,944,346,807
1993 $565,662,963 $579,053,561,739
1992 $525,133,333 $594,387,358,319
1991 $504,337,037 $612,527,712,316
1990 $478,718,519 $596,075,591,361
1989 $455,174,074 $567,211,993,243
1988 $411,396,296 $509,380,027,627
1987 $346,866,667 $433,134,238,311
1986 $297,562,963 $379,006,836,992
1985 $246,370,370 $366,186,012,450
1984 $212,214,815 $356,718,400,124
1983 $184,866,667 $341,866,277,183
1982 $166,444,444 $314,647,807,409
1981 $149,388,889 $307,246,642,756
1980 $132,451,852 $274,776,566,028
1979 $109,596,296 $243,891,124,296
1978 $88,040,741 $219,369,542,386
1977 $77,507,407 $212,325,176,305
1976 - $207,271,612,576
1975 - $174,419,757,177
1974 - $160,949,188,139
1973 - $131,764,343,566
1972 - $113,463,848,874
1971 - $99,606,454,744
1970 - $88,192,257,632
1969 - $79,405,011,125
1968 - $72,048,833,006
1967 - $65,856,924,424
1966 - $61,252,415,405
1965 - $54,649,410,479
1964 - $49,503,663,836
1963 - $45,140,337,827
1962 - $42,336,211,556
1961 - $41,038,192,838
1960 - $40,563,768,947

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Antigua and Barbuda vs Canada by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Canada
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Canada
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $24,819 - $55,698 -
2024 $23,060 $33,386 $55,016 $64,610
2023 $22,012 $31,602 $54,848 $64,219
2022 $20,003 $29,934 $56,497 $63,944
2021 $17,349 $25,745 $52,887 $56,995
2020 $15,370 $22,370 $43,538 $48,591
2019 $18,896 $26,551 $46,353 $50,499
2018 $18,273 $24,524 $46,539 $49,983
2017 $16,966 $21,422 $45,130 $48,317
2016 $16,557 $21,320 $42,314 $46,471
2015 $16,078 $20,985 $43,594 $44,668
2014 $15,532 $21,671 $50,961 $45,758
2013 $15,052 $21,761 $52,638 $44,301
2012 $15,640 $23,012 $52,670 $42,292
2011 $14,912 $23,804 $52,224 $41,667
2010 $15,217 $24,071 $47,561 $40,103
2009 $16,472 $26,157 $40,875 $38,863
2008 $18,787 $29,978 $46,710 $40,376
2007 $18,205 $29,851 $44,660 $39,573
2006 $16,174 $26,949 $40,505 $38,123
2005 $14,369 $23,485 $36,384 $36,328
2004 $13,038 $21,629 $32,146 $33,929
2003 $12,173 $20,127 $28,302 $32,350
2002 $11,659 $18,813 $24,256 $30,964
2001 $11,539 $18,569 $23,822 $30,241
2000 $12,027 $19,319 $24,271 $29,348
1999 $11,342 $18,088 $22,315 $27,841
1998 $10,907 $17,496 $21,025 $26,324
1997 $10,336 $16,836 $21,902 $25,264
1996 $9,756 $16,017 $21,297 $24,055
1995 $9,034 $15,062 $20,680 $23,474
1994 $9,351 $15,736 $19,998 $22,624
1993 $8,625 $14,720 $20,187 $21,432
1992 $8,154 $13,908 $20,950 $20,619
1991 $7,956 $13,658 $21,847 $20,220
1990 $7,591 $12,996 $21,526 $20,226
1989 $7,188 - $20,795 -
1988 $6,466 - $19,013 -
1987 $5,424 - $16,378 -
1986 $4,629 - $14,521 -
1985 $3,814 - $14,170 -
1984 $3,271 - $13,930 -
1983 $2,847 - $13,477 -
1982 $2,569 - $12,527 -
1981 $2,310 - $12,379 -
1980 $2,053 - $11,208 -
1979 $1,705 - $10,078 -
1978 $1,375 - $9,154 -
1977 $1,214 - $8,949 -
1976 - - $8,839 -
1975 - - $7,537 -
1974 - - $7,057 -
1973 - - $5,858 -
1972 - - $5,107 -
1971 - - $4,535 -
1970 - - $4,136 -
1969 - - $3,776 -
1968 - - $3,473 -
1967 - - $3,226 -
1966 - - $3,055 -
1965 - - $2,777 -
1964 - - $2,562 -
1963 - - $2,380 -
1962 - - $2,274 -
1961 - - $2,246 -
1960 - - $2,265 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Antigua and Barbuda's GDP per capita is $24,819, ranking 55/197, compared to $55,698 in Canada, ranking 23/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Canada ranks 28th at $64,610.

Economic indicators

Antigua Canada
Gross domestic product
$2.34B
2025
$2.32T
2025
GDP rank
178/197
2025
10/197
2025
GDP growth
5%
2024-2025
1.74%
2024-2025
GDP per capita
$24,819
2025
$55,698
2025
GDP per capita rank
55/197
2025
23/197
2025
GDP per capita, PPP
$33,386
2024
$64,610
2024
GDP per capita PPP rank
66/197
2024
28/197
2024
Government debt
$1.63B
2025
$2.63T
2025
Debt-to-GDP ratio
69.7%
2025
113.5%
2025
Government debt per person
$17,310
2025
$63,220
2025
Government debt per person rank
38/185
2025
5/185
2025
Average annual personal income after taxes
$16,750
2026
$36,531
2026
Market capitalization of domestic companies n/a
$4.62T
2025
Number of millionaires n/a
2,098,000
2026
Number of billionaires n/a
82
2026
Income share by richest 10% n/a
24.6%
2022
Income share by poorest 10% n/a
2.9%
2022
Government expenditure, % of GDP
19.3%
2025
44%
2025
Consumer prices inflation
1.4%
2024-2025
2.07%
2024-2025
Central bank interest rate n/a
2.25%
2025
Unemployment rate
5.37%
2023
6.82%
2025
Population
94846
42199836

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Canada
Spending

Debt
1x
Year % of GDP
Antigua Canada
Government spending Government debt Government spending Government debt
2025 19.3% 69.7% 44% 113.5%
2024 20.2% 71.8% 44.3% 110%
2023 18.4% 74.5% 41.8% 105.1%
2022 20.8% 82.4% 40.4% 103.5%
2021 23.4% 93% 45.5% 112.6%
2020 26% 100.5% 52.4% 118.1%
2019 22.1% 81.6% 40.6% 90.1%
2018 21.5% 84.3% 40.7% 90.8%
2017 22.6% 88.2% 40.5% 91%
2016 23.8% 83.1% 40.8% 92.5%
2015 24.8% 92.1% 40% 92.3%
2014 20.9% 91.9% 38.4% 85.8%
2013 20.7% 85.4% 40% 87.7%
2012 18.5% 76.9% 40.9% 87%
2011 21.1% 81.1% 41.6% 84.3%
2010 20% 79.4% 43.1% 84%
2009 32.1% 89.2% 43.4% 81.8%
2008 23.2% 66.8% 38.8% 70.4%
2007 23.8% 68.7% 38.5% 67.2%
2006 26% 79.1% 38.7% 69.9%
2005 21.5% 82.8% 38.5% 70.6%
2004 21.9% 107.7% 39.1% 71.9%
2003 24.2% 113% 40.3% 75.9%
2002 26.3% 114.5% 40.4% 79.6%
2001 24.2% 107.6% 41.1% 81.5%
2000 21.1% 96.4% 40.6% 80.4%
1999 20.3% 95.9% 41.8% 89%
1998 20.7% 94.6% 43.4% 93.3%
1997 16.8% 80.6% 43.5% 95.3%
1996 19.6% 85.5% 45.9% 100.2%
1995 21% 92.1% 47.7% 100.1%
1994 21.2% 84.5% 49% 97.5%
1993 19.4% 85.3% 51.5% 94.7%
1992 18.7% 90.8% 52.5% 88.2%
1991 20.8% 94.6% 51.4% 81.7%
1990 18.1% 94.1% 48.1% 73.7%
1989 - - 45.8% 72.2%
1988 - - 45.4% 71.1%
1987 - - 46.1% 71.4%
1986 - - 47.6% 71%
1985 - - 48.3% 66.9%
1984 - - 47.5% 61.7%
1983 - - 47.9% 58.4%
1982 - - 47.3% 52.7%
1981 - - 42.5% 46.9%
1980 - - 41.6% 45.6%
1979 - - 40% 45.3%
1978 - - 41.6% 48%
1977 - - 41.4% 45.1%
1976 - - 40.2% 43.6%
1975 - - 41.1% 45.2%
1974 - - 37.6% 45.8%
1973 - - 36% 48%
1972 - - 37.5% 53.5%
1971 - - 37.3% 55.3%
1970 - - 36% 54.3%
1969 - - 33.9% 53%
1968 - - 33.8% 55.9%
1967 - - 32.9% 56.9%
1966 - - 30.8% 56.6%
1965 - - 29.8% 60.1%
1964 - - 29.7% 63.7%
1963 - - 30.3% 67%
1962 - - 30.6% 67.2%
1961 - - 30.6% 68.2%
1960 - - 14.9% 66.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

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

In 2025, Antigua and Barbuda's government spending was $450M, accounting for 19.3% of its GDP, while Canada spent $1.02T, or 44% of GDP.

Debt-to-GDP ratio is 69.7% in Antigua and Barbuda and 113.5% in Canada, ranking 58/185 and 14/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Canada
1x
Year Deficit/surplus, % of GDP
Antigua Canada
2025 3.14% -1.77%
2024 1.65% -2.12%
2023 -1.66% -0.16%
2022 -2.86% 0.62%
2021 -4.52% -3.06%
2020 -6.23% -10.9%
2019 -3.64% -0.02%
2018 -2.43% 0.36%
2017 -2.72% -0.11%
2016 -0.14% -0.45%
2015 -2.42% -0.06%
2014 -2.6% 0.17%
2013 -3.83% -1.49%
2012 -0.97% -2.52%
2011 -3.09% -3.31%
2010 -0.24% -4.74%
2009 -15.8% -3.88%
2008 -4.72% 0.18%
2007 -4.98% 1.82%
2006 -6.62% 1.83%
2005 -4.29% 1.55%
2004 -3.9% 0.77%
2003 -7.32% -0.13%
2002 -8.83% -0.23%
2001 -8.58% 0.53%
2000 -4.5% 2.64%
1999 -3.08% 1.66%
1998 -1.62% 0.14%
1997 0% 0.04%
1996 -1.61% -3.05%
1995 -3.89% -5.49%
1994 -4.33% -6.94%
1993 -2.45% -8.93%
1992 -0.81% -9.2%
1991 -3.91% -8.36%
1990 0.12% -5.91%
1989 - -4.6%
1988 - -4.33%
1987 - -5.42%
1986 - -7.14%
1985 - -8.59%
1984 - -7.78%
1983 - -8.17%
1982 - -7.03%
1981 - -2.83%
1980 - -4.07%
1979 - -3.41%
1978 - -4.77%
1977 - -4.1%
1976 - -2.78%
1975 - -3.54%
1974 - 1.1%
1973 - 0.6%
1972 - -0.97%
1971 - -1.02%
1970 - -0.36%
1969 - 1.2%
1968 - -0.45%
1967 - -0.82%
1966 - -0.07%
1965 - -0.25%
1964 - -0.68%
1963 - -2.31%
1962 - -2.6%
1961 - -2.75%
1960 - -0.85%
1959 - -1.08%
1958 - -1.69%
1957 - -0.11%
1956 - 0.77%
1955 - -0.11%
1954 - -0.57%
1953 - 0.3%
1952 - 0.09%
1951 - 1.1%
1950 - 1.09%
1949 - 0.78%
1948 - 3.84%
1947 - 5.02%
1946 - 3.14%
1945 - -17.9%
1944 - -21.6%
1943 - -23.1%
1942 - -20.8%
1941 - -4.79%
1940 - -5.62%
1939 - -2.11%
1938 - -0.97%
1937 - -0.34%
1936 - -1.68%
1935 - -3.72%
1934 - -2.93%
1933 - -3.83%
1932 - -5.79%
1931 - -2.43%
1930 - -1.47%
1929 - 0.78%
1928 - 1.12%
1927 - 0.92%
1926 - 0.81%
1925 - 0.55%
1924 - 0.007%
1923 - 0.79%
1922 - -0.75%
1921 - -2%
1920 - -1.82%
1919 - -8.94%
1918 - -8.98%
1917 - -7.83%
1916 - -8.14%
1915 - -6.17%
1914 - -4.63%
1913 - -0.82%
1912 - 1.03%
1911 - 0.004%
1910 - -0.18%
1909 - -0.67%
1908 - -2.78%
1907 - -0.83%
1906 - 0.22%
1905 - -0.07%
1904 - -0.44%
1903 - 0.07%
1902 - 0.91%
1901 - -0.34%
1900 - -0.33%
1899 - 0.1%
1898 - -0.3%
1897 - -0.35%
1896 - -0.48%
1895 - -0.85%
1894 - -1.06%
1893 - -0.66%
1892 - -0.07%
1891 - 3.23%
1890 - -0.04%
1889 - 0%
1888 - -0.48%
1887 - -1.18%
1886 - -0.73%
1885 - -4.82%
1884 - -2.43%
1883 - -3.88%
1882 - -0.78%
1881 - 0.32%
1880 - -0.62%
1879 - -2.11%
1878 - -0.63%
1877 - -1.63%
1876 - -2.06%
1875 - -1.88%
1874 - -1.57%
1873 - -1.74%
1872 - -3.93%
1871 - -1.09%
1870 - 0.13%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1870–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/antigua-and-barbuda/canada | 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 Canada's deficit of $41B, or 1.77% of GDP.

Over the past 36 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Canada ran a deficit in 23 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.44% of GDP, compared to deficit of 1.96% of GDP for Canada.

Inflation comparison by year

Inflation
Antigua and Barbuda

Canada
1x
Year Consumer prices inflation
Antigua Canada
2025 1.4% 2.07%
2024 6.2% 2.38%
2023 5.1% 3.88%
2022 7.5% 6.8%
2021 1.6% 3.4%
2020 1.1% 0.72%
2019 1.4% 1.95%
2018 1.2% 2.27%
2017 2.4% 1.6%
2016 -0.5% 1.43%
2015 1% 1.13%
2014 1.1% 1.91%
2013 1.1% 0.94%
2012 3.4% 1.52%
2011 3.5% 2.91%
2010 3.4% 1.78%
2009 -0.6% 0.3%
2008 5.3% 2.37%
2007 1.4% 2.14%
2006 1.8% 2%
2005 2.1% 2.21%
2004 2% 1.86%
2003 2% 2.76%
2002 2.4% 2.26%
2001 1.9% 2.53%
2000 -0.2% 2.72%
1999 1.1% 1.73%
1998 3.3% 1%
1997 0.4% 1.62%

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

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

Over the past 29 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.2%, compared with 2.14% in Canada. In 2025, inflation was 1.4% in Antigua and Barbuda and 2.07% in Canada.

Top exports between countries

Antigua
Export category Export value
Machinery & equipment $132K
Processed food, beverages & tobacco $66K
Textiles & consumer goods $4K
Precious metals & jewellery $1K
Wood & paper products $1K
Canada
Export category Export value
Machinery & equipment $9.96M
Miscellaneous $2.73M
Processed food, beverages & tobacco $1.14M
Animal & marine products $668K
Textiles & consumer goods $601K
Chemicals & pharma $488K
Raw materials & minerals $431K
Wood & paper products $383K
Metals $251K
Raw agricultural goods $155K

Balance of trade

Antigua Canada
Current account balance
-$281M
2025
-$22B
2025
Current account balance ranking
95/190
2025
184/190
2025
Current account balance, % of GDP
-12%
2025
-0.95%
2025
Goods imports
$793M
2025
$577B
2025
Goods exports
$96M
2025
$555B
2025
Service imports
$614M
2025
$169B
2025
Service exports
$1.21B
2025
$172B
2025
Imports of goods and services, % of GDP
63.3%
2022
32.2%
2025
Exports of goods and services, % of GDP
55%
2022
31.3%
2025

Economic freedom indices

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

Antigua Canada
Economic freedom 56 75.6
Economic freedom ranking 125/197 17/197
Property rights n/a 85.9
Government integrity n/a 85.5
Judicial effectiveness n/a 96
Tax burden n/a 74.7
Government spending n/a 45.9
Fiscal health n/a 79.7
Business freedom n/a 84.2
Labor freedom n/a 68.3
Monetary freedom n/a 73.8
Trade freedom n/a 83.2
Investment freedom n/a 60
Financial freedom n/a 70

Other economic metrics

Antigua Canada
Services, % of GDP
68.7%
2025
64.1%
2022
Industry, % of GDP
18.2%
2025
27.4%
2022
Agriculture, forestry, and fishing, % of GDP
1.49%
2025
1.93%
2022
GNI, Atlas method
$2.24B
2025
$2.35T
2025
GNI per capita, PPP
$34,670
2025
$66,820
2025
Total reserves including gold
$379M
2025
$126B
2025
Total reserves ranking
165/177
2025
26/177
2025
Net foreign direct investment
-$291M
2025
-$11.9B
2025
Net inflows of foreign direct investment
$246M
2024
$63.1B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$89.4B
2024
Poverty at national poverty lines n/a
9.4%
2020
Gross capital formation, % of GDP n/a
23.2%
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/canada | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1870–1989, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2023–2025, retrieved 2026-07-08)
  6. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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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.