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Economy of Antigua and Barbuda vs Dominican Republic compared: GDP & Debt

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $124B for the Dominican Republic, ranking 177/197 and 63/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $73.1B (58.8% of GDP) in the Dominican Republic.

Antigua and Barbuda vs Dominican Republic GDP by year

Antigua and Barbuda
Dominican Republic
1x
Year GDP, current $
Antigua Dominican Republic
2024 $2,207,622,874 $124,282,245,639
2023 $2,005,785,185 $120,456,239,154
2022 $1,866,566,667 $113,478,087,135
2021 $1,602,125,926 $94,850,719,517
2020 $1,411,637,037 $78,546,672,407
2019 $1,726,448,148 $89,146,130,745
2018 $1,661,529,630 $84,994,732,049
2017 $1,534,855,556 $79,070,274,743
2016 $1,489,603,704 $75,552,902,636
2015 $1,437,485,185 $70,966,782,572
2014 $1,378,707,407 $67,014,329,100
2013 $1,325,496,296 $62,555,417,415
2012 $1,364,729,630 $60,561,635,556
2011 $1,287,359,259 $57,948,261,616
2010 $1,298,348,148 $53,801,053,353
2009 $1,386,518,519 $48,223,781,477
2008 $1,557,640,741 $48,091,433,554
2007 $1,487,381,481 $43,965,458,509
2006 $1,303,674,074 $37,879,830,084
2005 $1,143,896,296 $35,777,560,684
2004 $1,026,329,630 $22,322,387,382
2003 $948,100,000 $21,403,167,848
2002 $898,092,593 $27,137,440,786
2001 $877,774,074 $25,601,823,688
2000 $901,003,704 $24,305,780,629
1999 $835,544,444 $22,136,579,397
1998 $789,788,889 $21,672,215,547
1997 $734,422,222 $20,017,450,041
1996 $679,140,741 $18,241,622,548
1995 $616,051,852 $16,637,370,839
1994 $625,081,481 $14,644,734,599
1993 $565,662,963 $13,081,042,400
1992 $525,133,333 $11,605,382,504
1991 $504,337,037 $9,824,483,340
1990 $478,718,519 $7,073,675,545
1989 $455,174,074 $6,686,593,060
1988 $411,396,296 $5,374,299,981
1987 $346,866,667 $5,827,050,753
1986 $297,562,963 $6,122,128,558
1985 $246,370,370 $5,044,579,979
1984 $212,214,815 $11,594,000,000
1983 $184,866,667 $9,220,600,000
1982 $166,444,444 $8,267,400,000
1981 $149,388,889 $7,561,300,000
1980 $132,451,852 $6,761,300,000
1979 $109,596,296 $5,498,800,000
1978 $88,040,741 $4,734,400,000
1977 $77,507,407 $4,587,100,000
1976 - $3,951,500,000
1975 - $3,599,200,000
1974 - $2,925,700,000
1973 - $2,344,800,000
1972 - $1,987,400,000
1971 - $1,666,500,000
1970 - $1,485,500,000
1969 - $1,230,500,000
1968 - $1,079,100,000
1967 - $1,034,800,000
1966 - $983,900,000
1965 - $888,100,000
1964 - $1,025,599,900
1963 - $940,799,900
1962 - $824,100,000
1961 - $654,100,200
1960 - $672,399,700

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Antigua and Barbuda vs Dominican Republic by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Dominican Republic
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Dominican Republic
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $10,876 $27,542
2023 $21,495 $31,602 $10,630 $25,840
2022 $20,105 $29,934 $10,104 $24,626
2021 $17,349 $25,745 $8,527 $22,053
2020 $15,370 $22,370 $7,135 $18,998
2019 $18,896 $26,551 $8,183 $19,767
2018 $18,273 $24,524 $7,883 $17,995
2017 $16,966 $21,422 $7,413 $16,846
2016 $16,557 $21,320 $7,160 $16,282
2015 $16,078 $20,985 $6,801 $14,804
2014 $15,532 $21,671 $6,496 $13,465
2013 $15,052 $21,761 $6,137 $12,414
2012 $15,640 $23,012 $6,014 $11,777
2011 $14,912 $23,804 $5,827 $11,695
2010 $15,217 $24,071 $5,479 $11,246
2009 $16,472 $26,157 $4,974 $10,382
2008 $18,787 $29,978 $5,024 $10,346
2007 $18,205 $29,851 $4,650 $9,951
2006 $16,174 $26,949 $4,055 $9,130
2005 $14,369 $23,485 $3,878 $8,215
2004 $13,038 $21,629 $2,452 $7,375
2003 $12,173 $20,127 $2,383 $7,098
2002 $11,659 $18,813 $3,066 $7,158
2001 $11,539 $18,569 $2,936 $6,848
2000 $12,027 $19,319 $2,831 $6,639
1999 $11,342 $18,088 $2,621 $6,305
1998 $10,907 $17,496 $2,608 $5,963
1997 $10,336 $16,836 $2,449 $5,618
1996 $9,756 $16,017 $2,271 $5,161
1995 $9,034 $15,062 $2,109 $4,871
1994 $9,351 $15,736 $1,892 $4,599
1993 $8,625 $14,720 $1,722 $4,474
1992 $8,154 $13,908 $1,558 $4,151
1991 $7,956 $13,658 $1,346 $3,722
1990 $7,591 $12,996 $989 $3,641
1989 $7,188 - $955 -
1988 $6,466 - $784 -
1987 $5,424 - $868 -
1986 $4,629 - $932 -
1985 $3,814 - $784 -
1984 $3,271 - $1,844 -
1983 $2,847 - $1,500 -
1982 $2,569 - $1,376 -
1981 $2,310 - $1,288 -
1980 $2,053 - $1,180 -
1979 $1,705 - $984 -
1978 $1,375 - $868 -
1977 $1,214 - $863 -
1976 - - $763 -
1975 - - $713 -
1974 - - $595 -
1973 - - $490 -
1972 - - $427 -
1971 - - $368 -
1970 - - $338 -
1969 - - $287.7 -
1968 - - $259.6 -
1967 - - $256.2 -
1966 - - $250.9 -
1965 - - $233.2 -
1964 - - $277.3 -
1963 - - $262.2 -
1962 - - $236.8 -
1961 - - $193.9 -
1960 - - $205.7 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $10,876 in the Dominican Republic, ranking 83/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while the Dominican Republic ranks 76th at $27,542.

Economic indicators

Antigua Dominican Republic
Gross domestic product
$2.21B
2024
$124B
2024
GDP rank
177/197
2024
63/197
2024
GDP growth
3.66%
2023-2024
4.95%
2023-2024
GDP per capita
$23,542
2024
$10,876
2024
GDP per capita rank
53/197
2024
83/197
2024
GDP per capita, PPP
$33,386
2024
$27,542
2024
GDP per capita PPP rank
66/197
2024
76/197
2024
Government debt
$1.49B
2024
$73.1B
2024
Debt-to-GDP ratio
67.6%
2024
58.8%
2024
Government debt per person
$15,910
2024
$6,394
2024
Government debt per person rank
39/185
2024
71/185
2024
Average annual personal income after taxes
$16,563
2026
$6,547
2026
Income share by richest 10% n/a
29.5%
2024
Income share by poorest 10% n/a
2.3%
2024
Government expenditure, % of GDP
19.8%
2024
19.5%
2024
Consumer prices inflation
6.2%
2023-2024
3.3%
2023-2024
Central bank interest rate n/a
5.5%
2025
Unemployment rate
5.37%
2023
5.31%
2024
Population
94757
11637906

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Dominican Republic
Spending

Debt
1x
Year % of GDP
Antigua Dominican Republic
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 19.5% 58.8%
2023 18.8% 76.3% 19.1% 60.5%
2022 20.7% 82% 18.5% 59.6%
2021 23.4% 93% 18.4% 62.8%
2020 26% 100.5% 22.2% 71.8%
2019 22.1% 81.6% 17.8% 53.5%
2018 21.5% 84.3% 16.5% 50.8%
2017 22.6% 88.2% 17.3% 49.5%
2016 23.8% 83.1% 17% 46.7%
2015 24.8% 92.1% 16.7% 44.8%
2014 20.9% 91.9% 17% 45%
2013 20.7% 85.4% 18.5% 46.8%
2012 18.5% 76.9% 19.8% 42.4%
2011 21.1% 81.1% 16% 39.1%
2010 20% 79.4% 16.1% 37.4%
2009 32.1% 89.2% 16.2% 36.8%
2008 23.2% 66.8% 18.5% 33.6%
2007 23.8% 68.7% 16.3% 32.9%
2006 26% 79.1% 17% 36%
2005 21.5% 82.8% 15.5% 38.3%
2004 21.9% 107.7% 17.3% 34.3%
2003 24.2% 113% 17.2% 48.2%
2002 26.3% 114.5% 16.5% 21.5%
2001 24.2% 107.6% 14.9% 20.4%
2000 21.1% 96.4% 14.1% 16.7%
1999 20.3% 95.9% 13.4% 16%
1998 20.7% 94.6% 12.6% 13.2%
1997 16.8% 80.6% 13.2% 13.8%
1996 19.6% 85.5% 11.4% 23%
1995 21% 92.1% 11% 25.7%
1994 21.2% 84.5% 12.1% 28.5%
1993 19.4% 85.3% 13% 36.1%
1992 18.7% 90.8% 10.4% 38.5%
1991 20.8% 94.6% 8.65% 47.3%
1990 18.1% 94.1% 9.1% 84.7%
1989 - - 11.3% 62.5%
1988 - - 12.8% 77%
1987 - - 11.2% 86.9%
1986 - - 10.4% 63.8%
1985 - - 9.8% 66.3%
1984 - - 9.32% 28.9%
1983 - - 10.2% 32.9%
1982 - - 10.2% 33.1%
1981 - - 12.1% 29.8%
1980 - - 12.8% 15.2%
1979 - - 13.8% 24%
1978 - - 12.3% 20.9%
1977 - - 11.4% 16.4%
1976 - - 12.5% 15.6%
1975 - - 13.7% 13.1%
1974 - - 14.6% 14.6%
1973 - - 13.7% 14.6%
1972 - - 14.1% 16.4%
1971 - - 13.8% 17.8%
1970 - - 13.3% 18%
1969 - - 15.5% 17.4%
1968 - - 15.5% 18.1%
1967 - - 15% 16.2%
1966 - - 15.2% 14.5%
1965 - - 12.8% -
1964 - - 16.7% -
1963 - - 15.1% -
1962 - - 15.7% -
1961 - - 20% -
1960 - - 20.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while the Dominican Republic spent $24.2B, or 19.5% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 58.8% in the Dominican Republic, ranking 63/185 and 83/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Dominican Republic
1x
Year Deficit/surplus, % of GDP
Antigua Dominican Republic
2024 1.61% -3.09%
2023 -1.7% -3.28%
2022 -2.84% -3.25%
2021 -4.52% -2.92%
2020 -6.23% -7.94%
2019 -3.64% -3.46%
2018 -2.43% -2.17%
2017 -2.72% -3.12%
2016 -0.14% -3.11%
2015 -2.42% -0.03%
2014 -2.6% -2.76%
2013 -3.83% -4.41%
2012 -0.97% -6.26%
2011 -3.09% -3.07%
2010 -0.24% -2.97%
2009 -15.8% -2.9%
2008 -4.72% -3.43%
2007 -4.98% 0.28%
2006 -6.62% -1.69%
2005 -4.29% -0.71%
2004 -3.9% -3.6%
2003 -7.32% -4.24%
2002 -8.83% -2.28%
2001 -8.58% -0.73%
2000 -4.5% -0.86%
1999 -3.08% -0.79%
1998 -1.62% -0.29%
1997 0% -0.64%
1996 -1.61% 0.14%
1995 -3.89% 0.82%
1994 -4.33% -0.39%
1993 -2.45% -0.16%
1992 -0.81% 2.35%
1991 -3.91% 0.11%
1990 0.12% 0.39%
1989 - -0.09%
1988 - -1.68%
1987 - -0.75%
1986 - -0.57%
1985 - -1.27%
1984 - -0.95%
1983 - -1.74%
1982 - -2.4%
1981 - -1.92%
1980 - -1.82%
1979 - -3.26%
1978 - -0.82%
1977 - 0.15%
1976 - -0.22%
1975 - 1.37%
1974 - -0.93%
1973 - -0.53%
1972 - -1.73%
1971 - -0.85%
1970 - -0.68%
1969 - -0.99%
1968 - -0.99%
1967 - -1.68%
1966 - -2.14%
1965 - -1.84%
1964 - -1.36%
1963 - -0.39%
1962 - -1.17%
1961 - -3%
1960 - -0.61%
1959 - -0.29%
1958 - -1.29%
1957 - 0.21%
1956 - -0.05%
1955 - 1.47%
1954 - 1.43%
1953 - 2.79%
1952 - 0%
1951 - -2.58%
1950 - -3.66%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/dominican-republic | 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 the Dominican Republic's deficit of $3.84B, or 3.09% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while the Dominican Republic ran a deficit in 29 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 2.01% of GDP for the Dominican Republic.

Inflation comparison by year

Inflation
Antigua and Barbuda

Dominican Republic
1x
Year Consumer prices inflation
Antigua Dominican Republic
2024 6.2% 3.3%
2023 5.1% 4.79%
2022 7.5% 8.81%
2021 1.6% 8.24%
2020 1.1% 3.78%
2019 1.4% 1.81%
2018 1.2% 3.56%
2017 2.4% 3.28%
2016 -0.5% 1.61%
2015 1% 0.84%
2014 1.1% 3%
2013 1.1% 4.83%
2012 3.4% 3.69%
2011 3.5% 5.8%
2010 3.4% 6.33%
2009 -0.6% 1.44%
2008 5.3% 10.6%
2007 1.4% 6.14%
2006 1.8% 7.57%
2005 2.1% 4.19%
2004 2% 51.5%
2003 2% 27.4%
2002 2.4% 5.22%
2001 1.9% 8.88%
2000 -0.2% 7.72%
1999 1.1% 6.47%
1998 3.3% 4.83%
1997 0.4% 8.3%

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/dominican-republic | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 7.64% in the Dominican Republic. In 2024, inflation was 6.2% in Antigua and Barbuda and 3.3% in the Dominican Republic.

Top exports between countries

Antigua
Export category Export value
Textiles & consumer goods $31K
Processed food, beverages & tobacco $18K
Chemicals & pharma $9K
Machinery & equipment $8K
Wood & paper products $4K
Metals $1K
Dominican Republic
Export category Export value
Metals $4.27M
Processed food, beverages & tobacco $2.2M
Chemicals & pharma $1.45M
Raw materials & minerals $1.24M
Machinery & equipment $719K
Textiles & consumer goods $637K
Wood & paper products $550K
Raw agricultural goods $218K
Weapons & explosives $217K
Miscellaneous $88K

Balance of trade

Antigua Dominican Republic
Current account balance
-$181M
2024
-$4.17B
2024
Current account balance ranking
98/190
2024
163/190
2024
Current account balance, % of GDP
-8.22%
2024
-3.35%
2024
Goods imports
$726M
2024
$29.8B
2024
Goods exports
$72.1M
2024
$13.9B
2024
Service imports
$557M
2024
$6.34B
2024
Service exports
$1.24B
2024
$14.7B
2024
Imports of goods and services, % of GDP
63%
2022
29%
2024
Exports of goods and services, % of GDP
54.7%
2022
22.8%
2024

Economic freedom indices

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

Antigua Dominican Republic
Economic freedom 56 63.8
Economic freedom ranking 125/197 77/197
Property rights n/a 53.9
Government integrity n/a 39.8
Judicial effectiveness n/a 58
Tax burden n/a 84.4
Government spending n/a 89.1
Fiscal health n/a 76.6
Business freedom n/a 71.4
Labor freedom n/a 53.2
Monetary freedom n/a 72.1
Trade freedom n/a 67.4
Investment freedom n/a 60
Financial freedom n/a 40

Other economic metrics

Antigua Dominican Republic
Services, % of GDP
69.1%
2023
59.8%
2024
Industry, % of GDP
19%
2023
28.7%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
4.45%
2024
GNI, Atlas method
$1.98B
2024
$117B
2024
GNI per capita, PPP
$31,730
2024
$26,050
2024
Total reserves including gold
$358M
2024
$13.5B
2024
Total reserves ranking
164/177
2024
71/177
2024
Net foreign direct investment
-$253M
2024
-$4.52B
2024
Net inflows of foreign direct investment
$246M
2024
$4.48B
2024
Net outflows of foreign direct investment
-$68.4K
2024
-$47.3M
2024
Servicing debt to the IMF, % of GNI n/a
5.62%
2024
Poverty at national poverty lines n/a
19%
2024
Gross capital formation, % of GDP n/a
27%
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/dominican-republic | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, 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 (1950–1996, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2024, retrieved 2026-02-08)
  6. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  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.