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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $689M for Dominica, ranking 177/197 and 190/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $713M (103.5% of GDP) in Dominica.

Antigua and Barbuda vs Dominica GDP by year

Antigua and Barbuda
Dominica
1x
Year GDP, current $
Antigua Dominica
2024 $2,207,622,874 $688,881,481
2023 $2,005,785,185 $659,311,111
2022 $1,866,566,667 $623,062,963
2021 $1,602,125,926 $562,911,111
2020 $1,411,637,037 $528,944,444
2019 $1,726,448,148 $644,259,259
2018 $1,661,529,630 $628,244,444
2017 $1,534,855,556 $563,355,556
2016 $1,489,603,704 $612,711,111
2015 $1,437,485,185 $583,177,778
2014 $1,378,707,407 $572,255,556
2013 $1,325,496,296 $545,325,926
2012 $1,364,729,630 $520,355,556
2011 $1,287,359,259 $532,081,481
2010 $1,298,348,148 $519,859,259
2009 $1,386,518,519 $515,618,519
2008 $1,557,640,741 $480,003,704
2007 $1,487,381,481 $444,685,185
2006 $1,303,674,074 $416,674,074
2005 $1,143,896,296 $391,455,556
2004 $1,026,329,630 $396,711,111
2003 $948,100,000 $373,318,519
2002 $898,092,593 $375,200,000
2001 $877,774,074 $377,462,963
2000 $901,003,704 $333,470,370
1999 $835,544,444 $331,759,259
1998 $789,788,889 $322,411,111
1997 $734,422,222 $302,988,889
1996 $679,140,741 $292,285,185
1995 $616,051,852 $274,522,222
1994 $625,081,481 $264,374,074
1993 $565,662,963 $245,525,926
1992 $525,133,333 $234,059,259
1991 $504,337,037 $219,762,963
1990 $478,718,519 $201,429,630
1989 $455,174,074 $185,137,243
1988 $411,396,296 $171,106,184
1987 $346,866,667 $151,868,754
1986 $297,562,963 $135,161,959
1985 $246,370,370 $119,491,933
1984 $212,214,815 $109,157,071
1983 $184,866,667 $98,665,191
1982 $166,444,444 $89,527,577
1981 $149,388,889 $82,107,391
1980 $132,451,852 $72,804,653
1979 $109,596,296 $55,017,759
1978 $88,040,741 $57,130,216
1977 $77,507,407 $45,872,947

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

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

GDP per capita in Antigua and Barbuda vs Dominica by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Dominica
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Dominica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $10,405 $21,301
2023 $21,495 $31,602 $9,913 $20,286
2022 $20,105 $29,934 $9,324 $18,802
2021 $17,349 $25,745 $8,376 $15,809
2020 $15,370 $22,370 $7,828 $14,244
2019 $18,896 $26,551 $9,491 $16,021
2018 $18,273 $24,524 $9,215 $15,070
2017 $16,966 $21,422 $8,225 $12,696
2016 $16,557 $21,320 $8,803 $12,945
2015 $16,078 $20,985 $8,283 $12,093
2014 $15,532 $21,671 $8,132 $12,083
2013 $15,052 $21,761 $7,822 $11,286
2012 $15,640 $23,012 $7,529 $10,921
2011 $14,912 $23,804 $7,705 $11,123
2010 $15,217 $24,071 $7,550 $10,924
2009 $16,472 $26,157 $7,487 $10,804
2008 $18,787 $29,978 $6,971 $10,862
2007 $18,205 $29,851 $6,459 $9,949
2006 $16,174 $26,949 $6,056 $9,200
2005 $14,369 $23,485 $5,695 $8,557
2004 $13,038 $21,629 $5,779 $8,232
2003 $12,173 $20,127 $5,447 $7,714
2002 $11,659 $18,813 $5,488 $7,167
2001 $11,539 $18,569 $5,528 $7,291
2000 $12,027 $19,319 $4,867 $7,111
1999 $11,342 $18,088 $4,817 $6,759
1998 $10,907 $17,496 $4,664 $6,617
1997 $10,336 $16,836 $4,372 $6,290
1996 $9,756 $16,017 $4,211 $6,041
1995 $9,034 $15,062 $3,952 $5,749
1994 $9,351 $15,736 $3,805 $5,465
1993 $8,625 $14,720 $3,536 $5,352
1992 $8,154 $13,908 $3,376 $5,125
1991 $7,956 $13,658 $3,171 $4,914
1990 $7,591 $12,996 $2,893 $4,667
1989 $7,188 - $2,639 -
1988 $6,466 - $2,423 -
1987 $5,424 - $2,138 -
1986 $4,629 - $1,893 -
1985 $3,814 - $1,666 -
1984 $3,271 - $1,515 -
1983 $2,847 - $1,363 -
1982 $2,569 - $1,232 -
1981 $2,310 - $1,125 -
1980 $2,053 - $996 -
1979 $1,705 - $754 -
1978 $1,375 - $786 -
1977 $1,214 - $634 -

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

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $10,405 in Dominica, ranking 84/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Dominica ranks 91st at $21,301.

Economic indicators

Antigua Dominica
Gross domestic product
$2.21B
2024
$689M
2024
GDP rank
177/197
2024
190/197
2024
GDP growth
3.66%
2023-2024
2.05%
2023-2024
GDP per capita
$23,542
2024
$10,405
2024
GDP per capita rank
53/197
2024
84/197
2024
GDP per capita, PPP
$33,386
2024
$21,301
2024
GDP per capita PPP rank
66/197
2024
91/197
2024
Government debt
$1.49B
2024
$713M
2024
Debt-to-GDP ratio
67.6%
2024
103.5%
2024
Government debt per person
$15,910
2024
$10,765
2024
Government debt per person rank
39/185
2024
55/185
2024
Average annual personal income after taxes
$16,563
2026
$6,045
2026
Government expenditure, % of GDP
19.8%
2024
60.9%
2024
Consumer prices inflation
6.2%
2023-2024
2.57%
2023-2024
Unemployment rate
5.37%
2023
11%
2001
Population
94757
65539

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Dominica
Spending

Debt
1x
Year % of GDP
Antigua Dominica
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 60.9% 103.5%
2023 18.8% 76.3% 66.8% 103.2%
2022 20.7% 82% 72.7% 108.3%
2021 23.4% 93% 70.1% 113.6%
2020 26% 100.5% 70.1% 118.2%
2019 22.1% 81.6% 44% 89.1%
2018 21.5% 84.3% 66.7% 90%
2017 22.6% 88.2% 55.7% 86.7%
2016 23.8% 83.1% 45.8% 72.9%
2015 24.8% 92.1% 33.5% 71.1%
2014 20.9% 91.9% 33.3% 73.5%
2013 20.7% 85.4% 34.2% 75.6%
2012 18.5% 76.9% 36.6% 74%
2011 21.1% 81.1% 34.7% 68.6%
2010 20% 79.4% 39.7% 67.3%
2009 32.1% 89.2% 36.1% 62.8%
2008 23.2% 66.8% 35.9% 66.5%
2007 23.8% 68.7% 35.6% 74.9%
2006 26% 79.1% 30.9% 80.4%
2005 21.5% 82.8% 32.1% 84.9%
2004 21.9% 107.7% 30.1% 85.8%
2003 24.2% 113% 31.2% 98.2%
2002 26.3% 114.5% 29% 99.4%
2001 24.2% 107.6% 29.3% 97.5%
2000 21.1% 96.4% 38.9% 69.6%
1999 20.3% 95.9% 35.3% 62%
1998 20.7% 94.6% 33.5% 57.1%
1997 16.8% 80.6% 29.1% 49.3%
1996 19.6% 85.5% 29% 54.7%
1995 21% 92.1% 29.7% 59.3%
1994 21.2% 84.5% 27.7% 57%
1993 19.4% 85.3% 26.1% 55.4%
1992 18.7% 90.8% 28% 55.3%
1991 20.8% 94.6% 29.9% 58.7%
1990 18.1% 94.1% 32.9% 56.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Dominica spent $420M, or 60.9% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 103.5% in Dominica, ranking 63/185 and 20/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Dominica
1x
Year Deficit/surplus, % of GDP
Antigua Dominica
2024 1.61% -2.28%
2023 -1.7% -4.66%
2022 -2.84% -7.49%
2021 -4.52% -8.61%
2020 -6.23% -7.91%
2019 -3.64% -7.95%
2018 -2.43% -18.1%
2017 -2.72% -3.37%
2016 -0.14% 11%
2015 -2.42% 11.8%
2014 -2.6% -5.65%
2013 -3.83% -2.95%
2012 -0.97% -5.48%
2011 -3.09% -4.34%
2010 -0.24% -3.41%
2009 -15.8% -0.31%
2008 -4.72% 0.72%
2007 -4.98% 1.88%
2006 -6.62% 3.04%
2005 -4.29% 0.98%
2004 -3.9% -0.67%
2003 -7.32% 0.88%
2002 -8.83% -4.13%
2001 -8.58% -6.48%
2000 -4.5% -8.75%
1999 -3.08% -9.2%
1998 -1.62% -6.08%
1997 0% -2.31%
1996 -1.61% -1.62%
1995 -3.89% -2.97%
1994 -4.33% -3.42%
1993 -2.45% -1.46%
1992 -0.81% -2.28%
1991 -3.91% -3.08%
1990 0.12% -4.87%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/dominica | 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 Dominica's deficit of $15.7M, or 2.28% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Dominica ran a deficit in 28 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 3.13% of GDP for Dominica.

Inflation comparison by year

Inflation
Antigua and Barbuda

Dominica
1x
Year Consumer prices inflation
Antigua Dominica
2024 6.2% 2.57%
2023 5.1% 5.09%
2022 7.5% 2.88%
2021 1.6% 2.23%
2020 1.1% 1.22%
2019 1.4% 1.5%
2018 1.2% 0.99%
2017 2.4% 0.3%
2016 -0.5% 0.14%
2015 1% -0.84%
2014 1.1% 0.8%
2013 1.1% -0.05%
2012 3.4% 1.36%
2011 3.5% 1.13%
2010 3.4% 3%
2009 -0.6% 0.006%
2008 5.3% 6.36%
2007 1.4% 3.63%
2006 1.8% 2.2%
2005 2.1% 1.68%
2004 2% 2.39%
2003 2% 1.45%
2002 2.4% 0.17%
2001 1.9% 1.3%
2000 -0.2% 0.86%
1999 1.1% 1.18%
1998 3.3% 1%
1997 0.4% 2.44%

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/dominica | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 1.68% in Dominica. In 2024, inflation was 6.2% in Antigua and Barbuda and 2.57% in Dominica.

Top exports between countries

Antigua
Export category Export value
Raw agricultural goods $189K
Textiles & consumer goods $146K
Chemicals & pharma $103K
Machinery & equipment $81K
Raw materials & minerals $74K
Wood & paper products $52K
Metals $10K
Animal & marine products $7K
Processed food, beverages & tobacco $5K
Dominica
Export category Export value
Raw agricultural goods $3.52M
Chemicals & pharma $329K
Machinery & equipment $53K
Processed food, beverages & tobacco $48K
Raw materials & minerals $43K
Wood & paper products $41K
Animal & marine products $5K
Textiles & consumer goods $4K
Metals $3K
Miscellaneous $1K

Balance of trade

Antigua Dominica
Current account balance
-$181M
2024
-$160M
2024
Current account balance ranking
98/190
2024
94/190
2024
Current account balance, % of GDP
-8.22%
2024
-23.2%
2024
Goods imports
$726M
2024
$231M
2024
Goods exports
$72.1M
2024
$22M
2024
Service imports
$557M
2024
$157M
2024
Service exports
$1.24B
2024
$191M
2024
Imports of goods and services, % of GDP
63%
2022
n/a
Exports of goods and services, % of GDP
54.7%
2022
8.5%
2025

Economic freedom indices

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

Antigua Dominica
Economic freedom 56 56.1
Economic freedom ranking 125/197 124/197
Property rights n/a 65.8
Government integrity n/a 61.2
Judicial effectiveness n/a 77.3
Tax burden n/a 76.1
Government spending n/a 0
Fiscal health n/a 45.6
Business freedom n/a 66.2
Labor freedom n/a 49.8
Monetary freedom n/a 77.7
Trade freedom n/a 53.2
Investment freedom n/a 60
Financial freedom n/a 40

Other economic metrics

Antigua Dominica
Services, % of GDP
69.1%
2023
56.9%
2024
Industry, % of GDP
19%
2023
13.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
12.2%
2024
GNI, Atlas method
$1.98B
2024
$677M
2024
GNI per capita, PPP
$31,730
2024
$21,410
2024
Total reserves including gold
$358M
2024
$156M
2024
Total reserves ranking
164/177
2024
172/177
2024
Net foreign direct investment
-$253M
2024
-$36.4M
2024
Net inflows of foreign direct investment
$246M
2024
$60M
2024
Net outflows of foreign direct investment
-$68.4K
2024
-$401K
2024
Servicing debt to the IMF, % of GNI n/a
9.52%
2024
Poverty at national poverty lines n/a
29%
2020

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/dominica | 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. TradeMap (2022–2024, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. 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.