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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $93B for Croatia, ranking 177/197 and 75/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $53.5B (57.6% of GDP) in Croatia.

Antigua and Barbuda vs Croatia GDP by year

Antigua and Barbuda
Croatia
1x
Year GDP, current $
Antigua Croatia
2024 $2,207,622,874 $92,983,810,329
2023 $2,005,785,185 $85,624,153,964
2022 $1,866,566,667 $71,196,498,671
2021 $1,602,125,926 $69,002,365,163
2020 $1,411,637,037 $57,959,843,541
2019 $1,726,448,148 $61,466,721,186
2018 $1,661,529,630 $61,667,925,219
2017 $1,534,855,556 $56,182,782,586
2016 $1,489,603,704 $52,650,714,172
2015 $1,437,485,185 $50,998,893,385
2014 $1,378,707,407 $59,606,934,501
2013 $1,325,496,296 $59,846,265,182
2012 $1,364,729,630 $57,548,115,904
2011 $1,287,359,259 $62,889,007,657
2010 $1,298,348,148 $58,975,205,417
2009 $1,386,518,519 $62,315,996,675
2008 $1,557,640,741 $68,472,854,617
2007 $1,487,381,481 $59,290,621,398
2006 $1,303,674,074 $49,583,544,860
2005 $1,143,896,296 $45,013,119,282
2004 $1,026,329,630 $41,836,292,157
2003 $948,100,000 $35,245,317,002
2002 $898,092,593 $26,757,722,429
2001 $877,774,074 $23,066,883,850
2000 $901,003,704 $22,134,411,297
1999 $835,544,444 $23,777,026,779
1998 $789,788,889 $25,890,228,430
1997 $734,422,222 $24,175,764,812
1996 $679,140,741 $24,150,978,347
1995 $616,051,852 $22,772,394,547
1994 $625,081,481 $15,062,911,617
1993 $565,662,963 $11,259,647,874
1992 $525,133,333 $10,621,169,291
1991 $504,337,037 $18,760,386,775
1990 $478,718,519 $25,650,213,280
1989 $455,174,074 -
1988 $411,396,296 -
1987 $346,866,667 -
1986 $297,562,963 -
1985 $246,370,370 -
1984 $212,214,815 -
1983 $184,866,667 -
1982 $166,444,444 -
1981 $149,388,889 -
1980 $132,451,852 -
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/croatia | CC BY

GDP per capita in Antigua and Barbuda vs Croatia by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Croatia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Croatia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $24,050 $49,551
2023 $21,495 $31,602 $22,184 $47,760
2022 $20,105 $29,934 $18,466 $42,125
2021 $17,349 $25,745 $17,789 $36,930
2020 $15,370 $22,370 $14,808 $31,594
2019 $18,896 $26,551 $15,564 $33,064
2018 $18,273 $24,524 $15,460 $29,789
2017 $16,966 $21,422 $13,902 $27,888
2016 $16,557 $21,320 $12,820 $25,803
2015 $16,078 $20,985 $12,284 $23,750
2014 $15,532 $21,671 $14,187 $22,706
2013 $15,052 $21,761 $14,135 $22,430
2012 $15,640 $23,012 $13,508 $21,619
2011 $14,912 $23,804 $14,692 $21,191
2010 $15,217 $24,071 $13,730 $20,139
2009 $16,472 $26,157 $14,475 $20,358
2008 $18,787 $29,978 $15,888 $21,018
2007 $18,205 $29,851 $13,756 $19,568
2006 $16,174 $26,949 $11,501 $17,629
2005 $14,369 $23,485 $10,444 $15,451
2004 $13,038 $21,629 $9,719 $14,686
2003 $12,173 $20,127 $8,190 $13,692
2002 $11,659 $18,813 $6,220 $12,775
2001 $11,539 $18,569 $5,365 $11,653
2000 $12,027 $19,319 $4,954 $10,675
1999 $11,342 $18,088 $5,269 $9,943
1998 $10,907 $17,496 $5,713 $9,890
1997 $10,336 $16,836 $5,331 $9,536
1996 $9,756 $16,017 $5,300 $8,806
1995 $9,034 $15,062 $4,929 $8,052
1994 $9,351 $15,736 $3,238 $7,337
1993 $8,625 $14,720 $2,448 $6,861
1992 $8,154 $13,908 $2,321 $7,326
1991 $7,956 $13,658 $4,001 $7,918
1990 $7,591 $12,996 $5,369 $9,526
1989 $7,188 - - -
1988 $6,466 - - -
1987 $5,424 - - -
1986 $4,629 - - -
1985 $3,814 - - -
1984 $3,271 - - -
1983 $2,847 - - -
1982 $2,569 - - -
1981 $2,310 - - -
1980 $2,053 - - -
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/croatia | CC BY

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $24,050 in Croatia, ranking 50/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Croatia ranks 46th at $49,551.

Economic indicators

Antigua Croatia
Gross domestic product
$2.21B
2024
$93B
2024
GDP rank
177/197
2024
75/197
2024
GDP growth
3.66%
2023-2024
3.83%
2023-2024
GDP per capita
$23,542
2024
$24,050
2024
GDP per capita rank
53/197
2024
50/197
2024
GDP per capita, PPP
$33,386
2024
$49,551
2024
GDP per capita PPP rank
66/197
2024
46/197
2024
Government debt
$1.49B
2024
$53.5B
2024
Debt-to-GDP ratio
67.6%
2024
57.6%
2024
Government debt per person
$15,910
2024
$13,844
2024
Government debt per person rank
39/185
2024
42/185
2024
Average annual personal income after taxes
$16,563
2026
$20,856
2026
Market capitalization of domestic companies n/a
$27.8B
2024
Number of billionaires n/a
1
2025
Income share by richest 10% n/a
23.3%
2023
Income share by poorest 10% n/a
2.9%
2023
Government expenditure, % of GDP
19.8%
2024
48%
2024
Consumer prices inflation
6.2%
2023-2024
2.97%
2023-2024
Unemployment rate
5.37%
2023
5.03%
2024
Population
94757
3812193

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Croatia
Spending

Debt
1x
Year % of GDP
Antigua Croatia
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 48% 57.6%
2023 18.8% 76.3% 46.8% 61.8%
2022 20.7% 82% 45% 68.5%
2021 23.4% 93% 48.1% 78.2%
2020 26% 100.5% 53.7% 86.5%
2019 22.1% 81.6% 44.3% 70.9%
2018 21.5% 84.3% 44.9% 72.8%
2017 22.6% 88.2% 44.1% 76.2%
2016 23.8% 83.1% 45.9% 79.3%
2015 24.8% 92.1% 47.5% 82.8%
2014 20.9% 91.9% 48.7% 83.2%
2013 20.7% 85.4% 47.9% 79.5%
2012 18.5% 76.9% 47.3% 68.9%
2011 21.1% 81.1% 48.6% 63.1%
2010 20% 79.4% 48.1% 56.8%
2009 32.1% 89.2% 49.2% 47.9%
2008 23.2% 66.8% 46.3% 38.9%
2007 23.8% 68.7% 46.3% 37.1%
2006 26% 79.1% 44.6% 38.4%
2005 21.5% 82.8% 46.5% 40.9%
2004 21.9% 107.7% 49% 40%
2003 24.2% 113% 49.6% 37.8%
2002 26.3% 114.5% 49.2% 36.5%
2001 24.2% 107.6% 50.6% 36.6%
2000 21.1% 96.4% 54.6% 35.4%
1999 20.3% 95.9% 58.9% 30%
1998 20.7% 94.6% 56.8% 23.3%
1997 16.8% 80.6% 51.7% 22.5%
1996 19.6% 85.5% 52.1% -
1995 21% 92.1% 50.3% -
1994 21.2% 84.5% 45.4% -
1993 19.4% 85.3% 36% -
1992 18.7% 90.8% 37.1% -
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 (1997, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Croatia spent $44.6B, or 48% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 57.6% in Croatia, ranking 63/185 and 86/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Croatia
1x
Year Deficit/surplus, % of GDP
Antigua Croatia
2024 1.61% -1.95%
2023 -1.7% -0.79%
2022 -2.84% 0.12%
2021 -4.52% -2.58%
2020 -6.23% -7.23%
2019 -3.64% 2.31%
2018 -2.43% 0.23%
2017 -2.72% 0.8%
2016 -0.14% -1.04%
2015 -2.42% -3.53%
2014 -2.6% -5.19%
2013 -3.83% -5.52%
2012 -0.97% -5.46%
2011 -3.09% -7.53%
2010 -0.24% -6.46%
2009 -15.8% -7.15%
2008 -4.72% -2.34%
2007 -4.98% -2.28%
2006 -6.62% -2.01%
2005 -4.29% -3.24%
2004 -3.9% -6.09%
2003 -7.32% -5.03%
2002 -8.83% -4.9%
2001 -8.58% -4.79%
2000 -4.5% -9.2%
1999 -3.08% -11.1%
1998 -1.62% -6.36%
1997 0% -4.93%
1996 -1.61% -4.41%
1995 -3.89% -4.23%
1994 -4.33% -0.82%
1993 -2.45% -2.67%
1992 -0.81% -5.69%
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/croatia | 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 Croatia's deficit of $1.82B, or 1.95% of GDP.

Over the past 33 years, Antigua and Barbuda recorded a fiscal deficit in 31 of those years, while Croatia ran a deficit in 29 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.73% of GDP, compared to deficit of 3.97% of GDP for Croatia.

Inflation comparison by year

Inflation
Antigua and Barbuda

Croatia
1x
Year Consumer prices inflation
Antigua Croatia
2024 6.2% 2.97%
2023 5.1% 7.94%
2022 7.5% 10.8%
2021 1.6% 2.55%
2020 1.1% 0.15%
2019 1.4% 0.77%
2018 1.2% 1.5%
2017 2.4% 1.13%
2016 -0.5% -1.12%
2015 1% -0.46%
2014 1.1% -0.22%
2013 1.1% 2.22%
2012 3.4% 3.41%
2011 3.5% 2.27%
2010 3.4% 1.03%
2009 -0.6% 2.38%
2008 5.3% 6.08%
2007 1.4% 2.9%
2006 1.8% 3.19%
2005 2.1% 3.32%
2004 2% 2.06%
2003 2% 1.77%
2002 2.4% 1.67%
2001 1.9% 3.78%
2000 -0.2% 4.61%
1999 1.1% 4.02%
1998 3.3% 6.4%
1997 0.4% 4.17%

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/croatia | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 2.9% in Croatia. In 2024, inflation was 6.2% in Antigua and Barbuda and 2.97% in Croatia.

Top exports between countries

Antigua
Export category Export value
Croatia
Export category Export value
Machinery & equipment $216K
Textiles & consumer goods $23K
Chemicals & pharma $2K
Raw materials & minerals $2K
Metals $1K

Balance of trade

Antigua Croatia
Current account balance
-$181M
2024
-$1.05B
2024
Current account balance ranking
98/190
2024
125/190
2024
Current account balance, % of GDP
-8.22%
2024
-1.13%
2024
Goods imports
$726M
2024
$41.5B
2024
Goods exports
$72.1M
2024
$21.9B
2024
Service imports
$557M
2024
$8.35B
2024
Service exports
$1.24B
2024
$24.7B
2024
Imports of goods and services, % of GDP
63%
2022
54.8%
2024
Exports of goods and services, % of GDP
54.7%
2022
50.1%
2024

Economic freedom indices

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

Antigua Croatia
Economic freedom 56 67.5
Economic freedom ranking 125/197 56/197
Property rights n/a 81.1
Government integrity n/a 52.6
Judicial effectiveness n/a 71.7
Tax burden n/a 70
Government spending n/a 34.9
Fiscal health n/a 92.2
Business freedom n/a 79.6
Labor freedom n/a 58.9
Monetary freedom n/a 69.9
Trade freedom n/a 79.4
Investment freedom n/a 60
Financial freedom n/a 60

Other economic metrics

Antigua Croatia
Services, % of GDP
69.1%
2023
60.8%
2024
Industry, % of GDP
19%
2023
19.2%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
2.9%
2024
GNI, Atlas method
$1.98B
2024
$86B
2024
GNI per capita, PPP
$31,730
2024
$49,740
2024
Total reserves including gold
$358M
2024
$3.34B
2024
Total reserves ranking
164/177
2024
116/177
2024
Net foreign direct investment
-$253M
2024
-$1.88B
2024
Net inflows of foreign direct investment
$246M
2024
$4.54B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$2.79B
2024
Poverty at national poverty lines n/a
20.3%
2023
Gross capital formation, % of GDP n/a
24.4%
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/croatia | 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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. TradeMap (2022–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. International Monetary Fund (IMF) | Public Finances in Modern History (1997, 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.

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.