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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $1.44B for Comoros, ranking 177/197 and 183/197 by economy size, respectively.

Antigua and Barbuda has $1.48B in government debt (63.4% of GDP), compared to $444M (34.9% of GDP) in Comoros.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Antigua and Barbuda
GDP, current $

GDP, constant 2015 $
Comoros
GDP, current $

GDP, constant 2015 $
Year GDP
Antigua Comoros
Current $ Constant $ Current $ Constant $
1977 $77,507,407 $387,163,203 - -
1978 $88,040,741 $404,134,550 - -
1979 $109,596,296 $436,786,384 - -
1980 $132,451,852 $472,436,818 $243,390,496 $395,630,757
1981 $149,388,889 $490,457,676 $212,958,382 $417,240,048
1982 $166,444,444 $490,048,111 $202,152,462 $434,171,255
1983 $184,866,667 $516,333,404 $196,193,380 $447,600,447
1984 $212,214,815 $568,819,883 $189,102,734 $466,249,920
1985 $246,370,370 $612,299,589 $191,944,892 $479,207,636
1986 $297,562,963 $682,675,280 $258,143,903 $489,132,194
1987 $346,866,667 $727,910,265 $313,292,323 $499,295,109
1988 $411,396,296 $765,857,188 $336,422,522 $524,113,053
1989 $455,174,074 $806,082,317 $328,665,081 $519,306,622
1990 $478,718,519 $830,360,010 $401,561,022 $557,417,554
1991 $504,337,037 $848,435,720 $400,592,663 $523,041,756
1992 $525,133,333 $858,265,279 $436,552,922 $561,527,248
1993 $565,662,963 $903,580,714 $427,750,823 $575,831,289
1994 $625,081,481 $963,907,436 $314,789,556 $552,875,674
1995 $616,051,852 $921,883,147 $392,774,714 $584,042,819
1996 $679,140,741 $982,773,021 $392,488,149 $581,062,047
1997 $734,422,222 $1,036,543,047 $362,816,806 $606,689,356
1998 $789,788,889 $1,085,584,792 $363,932,160 $606,841,276
1999 $835,544,444 $1,125,835,518 $371,921,712 $623,211,951
2000 $901,003,704 $1,195,677,312 $339,504,306 $616,936,089
2001 $877,774,074 $1,141,296,595 $372,746,486 $650,371,556
2002 $898,092,593 $1,153,020,391 $427,360,070 $680,273,576
2003 $948,100,000 $1,223,085,251 $546,830,041 $693,432,979
2004 $1,026,329,630 $1,293,621,842 $622,679,660 $714,932,259
2005 $1,143,896,296 $1,377,366,903 $655,375,096 $755,434,619
2006 $1,303,674,074 $1,552,404,720 $688,498,642 $742,180,920
2007 $1,487,381,481 $1,697,014,056 $795,673,153 $748,145,085
2008 $1,557,640,741 $1,696,776,362 $915,659,108 $777,806,128
2009 $1,386,518,519 $1,493,793,051 $905,341,173 $803,011,729
2010 $1,298,348,148 $1,376,672,105 $907,978,731 $833,348,554
2011 $1,287,359,259 $1,349,706,642 $1,023,086,274 $867,878,892
2012 $1,364,729,630 $1,395,234,173 $1,015,843,491 $895,376,387
2013 $1,325,496,296 $1,386,849,062 $1,116,224,107 $935,365,362
2014 $1,378,707,407 $1,417,336,053 $1,149,587,661 $955,070,416
2015 $1,437,485,185 $1,437,485,185 $966,029,601 $966,029,601
2016 $1,489,603,704 $1,496,714,858 $1,012,835,493 $998,105,647
2017 $1,534,855,556 $1,537,316,640 $1,077,439,757 $1,036,190,385
2018 $1,661,529,630 $1,640,501,408 $1,178,530,633 $1,073,934,613
2019 $1,726,448,148 $1,692,541,753 $1,187,915,409 $1,092,843,397
2020 $1,411,637,037 $1,373,179,832 $1,218,763,671 $1,090,706,042
2021 $1,602,125,926 $1,485,407,940 $1,272,238,391 $1,112,522,258
2022 $1,866,566,667 $1,620,696,017 $1,222,485,532 $1,141,481,328
2023 $2,005,785,185 $1,660,036,193 $1,326,836,543 $1,175,671,155
2024 $2,207,622,874 $1,720,733,551 $1,440,991,455 $1,214,916,247

Economic indicators

Antigua Comoros
Gross domestic product
$2.21B
2024
$1.44B
2024
GDP rank
177/197
2024
183/197
2024
GDP growth
10.1%
2023-2024
8.6%
2023-2024
GDP per capita
$23,542
2024
$1,663
2024
GDP per capita rank
53/197
2024
161/197
2024
GDP per capita, PPP
$33,386
2024
$3,959
2024
Government debt
$1.48B
2024
$444M
2024
Debt-to-GDP ratio
63.4%
2026
34.9%
2026
Government debt per person
$15,787
2024
$513
2024
Government debt per person rank
39/185
2024
167/185
2024
Average annual personal income after taxes
$15,556
2026
$1,909
2026
Income share by richest 10% n/a
33.6%
2014
Income share by poorest 10% n/a
1.6%
2014
Government expenditure, % of GDP
21.1%
2026
18.8%
2026
Consumer prices inflation
2.4%
2025-2026
1.9%
2025-2026
Unemployment rate
5.37%
2023
4.39%
2021
Population
94625
899184

GDP per capita in Antigua and Barbuda vs Comoros

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $1,663 in Comoros, ranking 161/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Comoros ranks 167th at $3,959.

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Comoros
GDP per capita

GDP per capita, PPP
Year Current $
Antigua Comoros
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1977 $1,214 - - -
1978 $1,375 - - -
1979 $1,705 - - -
1980 $2,053 - $721 -
1981 $2,310 - $613 -
1982 $2,569 - $566 -
1983 $2,847 - $534 -
1984 $3,271 - $501 -
1985 $3,814 - $494 -
1986 $4,629 - $646 -
1987 $5,424 - $763 -
1988 $6,466 - $798 -
1989 $7,188 - $759 -
1990 $7,591 $12,996 $903 $1,546
1991 $7,956 $13,658 $879 $1,464
1992 $8,154 $13,908 $939 $1,575
1993 $8,625 $14,720 $903 $1,623
1994 $9,351 $15,736 $653 $1,564
1995 $9,034 $15,062 $801 $1,657
1996 $9,756 $16,017 $786 $1,651
1997 $10,336 $16,836 $715 $1,723
1998 $10,907 $17,496 $704 $1,713
1999 $11,342 $18,088 $707 $1,753
2000 $12,027 $19,319 $633 $1,741
2001 $11,539 $18,569 $681 $1,838
2002 $11,659 $18,813 $765 $1,912
2003 $12,173 $20,127 $960 $1,949
2004 $13,038 $21,629 $1,072 $2,025
2005 $14,369 $23,485 $1,106 $2,162
2006 $16,174 $26,949 $1,138 $2,146
2007 $18,205 $29,851 $1,290 $2,178
2008 $18,787 $29,978 $1,455 $2,262
2009 $16,472 $26,157 $1,410 $2,304
2010 $15,217 $24,071 $1,387 $2,372
2011 $14,912 $23,804 $1,531 $2,472
2012 $15,640 $23,012 $1,490 $2,679
2013 $15,052 $21,761 $1,603 $2,833
2014 $15,532 $21,671 $1,616 $2,938
2015 $16,078 $20,985 $1,329 $2,949
2016 $16,557 $21,320 $1,365 $3,139
2017 $16,966 $21,422 $1,424 $3,347
2018 $18,273 $24,524 $1,527 $3,276
2019 $18,896 $26,551 $1,510 $3,293
2020 $15,370 $22,370 $1,519 $3,245
2021 $17,349 $25,745 $1,555 $3,378
2022 $20,105 $29,934 $1,465 $3,642
2023 $21,495 $31,602 $1,560 $3,812
2024 $23,542 $33,386 $1,663 $3,959

Spending and national debt comparison

In 2024, Antigua and Barbuda's government spending was $418M, accounting for 21.1% of its GDP, while Comoros' spent $287M, or 18.8% of GDP.

Debt-to-GDP ratio is 63.4% in Antigua and Barbuda and 34.9% in Comoros, ranking 72/185 and 147/185, respectively.

Antigua and Barbuda
Government spending

Government debt
Comoros
Government spending

Government debt
Year % of GDP
Antigua Comoros
Government spending Government debt Government spending Government debt
1984 - - 23.3% 150.3%
1985 - - 24.8% 142.9%
1986 - - 25.6% 136.8%
1987 - - 22.4% 128.9%
1988 - - 20.2% 120%
1989 - - 19.7% 113.8%
1990 18.1% 94.1% 20.3% 108.1%
1991 20.8% 94.6% 19.9% 103.9%
1992 18.7% 90.8% 20.4% 101%
1993 19.4% 85.3% 16.3% 95.7%
1994 21.2% 84.5% 21.8% 87.8%
1995 21% 92.1% 18.4% 77.7%
1996 19.6% 85.5% 15.5% 75.4%
1997 16.8% 80.6% 14.5% 70.9%
1998 20.7% 94.6% 13.1% 69.4%
1999 20.3% 95.9% 11.5% 64.5%
2000 21.1% 96.4% 9.74% 60.7%
2001 24.2% 107.6% 13% 53%
2002 26.3% 114.5% 14.3% 48.2%
2003 24.2% 113% 12.8% 44.4%
2004 21.9% 107.7% 11.7% 42.4%
2005 21.5% 82.8% 12.8% 39.9%
2006 26% 79.1% 12.5% 38.5%
2007 23.8% 68.7% 13.1% 35.6%
2008 23.2% 66.8% 15.1% 33.2%
2009 32.1% 89.2% 13.7% 31.7%
2010 20% 79.4% 13.3% 30.5%
2011 21.1% 81.1% 13.2% 27.7%
2012 18.5% 76.9% 14.9% 25.1%
2013 20.7% 85.4% 14.8% 10.3%
2014 20.9% 91.9% 14.5% 11.8%
2015 24.8% 92.1% 19.1% 14.3%
2016 23.8% 83.1% 18.9% 16.2%
2017 22.6% 88.2% 18.8% 18.9%
2018 21.5% 84.3% 19.2% 17%
2019 22.1% 81.6% 20.1% 21.2%
2020 26% 100.5% 18.8% 24.3%
2021 23.4% 93% 20% 26.3%
2022 20.7% 82% 18.4% 28.2%
2023 18.8% 76.3% 17.9% 28.7%
2024 18.9% 67.1% 19.9% 30.8%
2025 21.2% 63.4% 21.6% 32.5%
2026 21.1% 63.4% 18.8% 34.9%

Government deficit by year

In 2024, Antigua and Barbuda's government surplus, the difference between spending and revenue, was $54.5M, equivalent to 2.47% of GDP. This compares to Comoros' deficit of -$50.5M, or -3.5% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Comoros ran a deficit in 28 years. On average, Antigua and Barbuda posted an annual deficit equal to -3.6% of GDP, compared to deficit of -1.04% of GDP for Comoros.

Deficit/surplus
Antigua and Barbuda

Comoros
Year Deficit/surplus, % of GDP
Antigua Comoros
1984 - -5.7%
1985 - -5.02%
1986 - -4.83%
1987 - -3.11%
1988 - -2.69%
1989 - -1.31%
1990 0.12% -1.03%
1991 -3.91% -2.26%
1992 -0.81% -1.99%
1993 -2.45% 1.27%
1994 -4.33% -3.7%
1995 -3.89% -4.13%
1996 -1.61% -3.43%
1997 0% -1.3%
1998 -1.62% -2%
1999 -3.08% -0.46%
2000 -4.5% -1.14%
2001 -8.58% -2.13%
2002 -8.83% -2.15%
2003 -7.32% -2.05%
2004 -3.9% -0.98%
2005 -4.29% -1.41%
2006 -6.62% -1.51%
2007 -4.98% -1.18%
2008 -4.72% -1.46%
2009 -15.8% 0.36%
2010 -0.24% 4.2%
2011 -3.09% 0.86%
2012 -0.97% 1.96%
2013 -3.83% 10.5%
2014 -2.6% -0.33%
2015 -2.42% 2.6%
2016 -0.14% -5.52%
2017 -2.72% -0.1%
2018 -2.43% -1.35%
2019 -3.64% -4.3%
2020 -6.23% -0.52%
2021 -4.52% -2.81%
2022 -2.84% -4.17%
2023 -1.7% -1.34%
2024 2.47% -3.5%
2025 -1.3% -2.4%
2026 -1% -2.89%

Inflation comparison by year

Over the past 30 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.28%, compared with 3.3% in Comoros. In 2026, inflation was 2.4% in Antigua and Barbuda and 1.9% in Comoros.

Inflation
Antigua and Barbuda

Comoros
Year Inflation
Antigua Comoros
1997 0.4% 1.5%
1998 3.3% 1.2%
1999 1.1% 1.1%
2000 -0.2% 5.9%
2001 1.9% 5.6%
2002 2.4% 3.6%
2003 2% 3.7%
2004 2% 4.5%
2005 2.1% 3%
2006 1.8% 3.4%
2007 1.4% 4.5%
2008 5.3% 4.8%
2009 -0.6% 4.8%
2010 3.4% 3.9%
2011 3.5% 2.2%
2012 3.4% 5.9%
2013 1.1% 0.4%
2014 1.1% 0%
2015 1% 0.9%
2016 -0.5% 0.8%
2017 2.4% 0.1%
2018 1.2% 1.7%
2019 1.4% 3.7%
2020 1.1% 0.8%
2021 1.6% 0%
2022 7.5% 12.4%
2023 5.1% 8.5%
2024 6.2% 5%
2025 3.5% 3.3%
2026 2.4% 1.9%

Balance of trade

Antigua Comoros
Current account balance
-$181M
2024
-$24.6M
2023
Current account balance ranking
98/190
2024
80/190
2023
Current account balance, % of GDP
-8.22%
2024
-1.86%
2023
Goods imports
$726M
2024
$299M
2023
Goods exports
$72.1M
2024
$32.1M
2023
Service imports
$557M
2024
$205M
2023
Service exports
$1.24B
2024
$116M
2023
Imports of goods and services, % of GDP
63%
2022
34.5%
2024
Exports of goods and services, % of GDP
54.7%
2022
9.91%
2024

Economic freedom indices

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

Antigua Comoros
Economic freedom 56 51.4
Economic freedom ranking 123/197 153/197
Property rights n/a 22.9
Government integrity n/a 16
Judicial effectiveness n/a 20.9
Tax burden n/a 65.3
Government spending n/a 89.5
Fiscal health n/a 86.1
Business freedom n/a 49.9
Labor freedom n/a 55.1
Monetary freedom n/a 71.3
Trade freedom n/a 64.2
Investment freedom n/a 45
Financial freedom n/a 30

More economic indicators

Antigua Comoros
Services, % of GDP
69.1%
2023
50.1%
2024
Industry, % of GDP
19%
2023
9.56%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
36.6%
2024
GNI, Atlas method
$1.98B
2024
$1.38B
2024
GNI per capita, PPP
$31,730
2024
$3,980
2024
Total reserves including gold
$358M
2024
$324M
2024
Total reserves ranking
164/177
2024
166/177
2024
Net foreign direct investment
-$253M
2024
-$5.35M
2023
Net inflows of foreign direct investment
$271M
2024
$7.1M
2024
Net outflows of foreign direct investment
$17.9M
2024
$0
2024
Servicing debt to the IMF, % of GNI
n/a
1.7%
2024
Poverty at national poverty lines n/a
44.8%
2020
Gross capital formation, % of GDP
n/a
11.7%
2024

GDP per capita map

GDP per capita

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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.

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.