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

Updated on by Georank

Antigua and Barbuda has a GDP of $2.34B compared to $2.07B for Eritrea, ranking 178/197 and 179/197 by economy size, respectively.

Antigua and Barbuda has $1.63B in government debt (69.7% of GDP), compared to $3.54B (260.4% of GDP) in Eritrea.

Antigua and Barbuda vs Eritrea GDP by year

Antigua and Barbuda
Eritrea
1x
Year GDP, current $
Antigua Eritrea
2025 $2,338,196,296 -
2024 $2,162,366,667 -
2023 $2,054,096,296 -
2022 $1,857,114,815 -
2021 $1,602,125,926 -
2020 $1,411,637,037 -
2019 $1,726,448,148 -
2018 $1,661,529,630 -
2017 $1,534,855,556 -
2016 $1,489,603,704 -
2015 $1,437,485,185 -
2014 $1,378,707,407 -
2013 $1,325,496,296 -
2012 $1,364,729,630 -
2011 $1,287,359,259 $2,065,001,626
2010 $1,298,348,148 $1,589,515,447
2009 $1,386,518,519 $1,856,695,551
2008 $1,557,640,741 $1,380,188,800
2007 $1,487,381,481 $1,317,974,491
2006 $1,303,674,074 $1,211,161,880
2005 $1,143,896,296 $1,098,424,686
2004 $1,026,329,630 $1,109,054,005
2003 $948,100,000 $870,248,268
2002 $898,092,593 $729,321,680
2001 $877,774,074 $752,371,689
2000 $901,003,704 $706,370,816
1999 $835,544,444 $688,918,537
1998 $789,788,889 $745,523,117
1997 $734,422,222 $686,490,090
1996 $679,140,741 $693,535,954
1995 $616,051,852 $578,015,625
1994 $625,081,481 $531,688,312
1993 $565,662,963 $467,872,715
1992 $525,133,333 $477,101,652
1991 $504,337,037 -
1990 $478,718,519 -
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 (1977–2025, retrieved 2026-07-08).

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

GDP per capita in Antigua and Barbuda vs Eritrea by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Eritrea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Eritrea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $24,819 - - -
2024 $23,060 $33,386 - -
2023 $22,012 $31,602 - -
2022 $20,003 $29,934 - -
2021 $17,349 $25,745 - -
2020 $15,370 $22,370 - -
2019 $18,896 $26,551 - -
2018 $18,273 $24,524 - -
2017 $16,966 $21,422 - -
2016 $16,557 $21,320 - -
2015 $16,078 $20,985 - -
2014 $15,532 $21,671 - -
2013 $15,052 $21,761 - -
2012 $15,640 $23,012 - -
2011 $14,912 $23,804 $689 $1,742
2010 $15,217 $24,071 $540 $1,599
2009 $16,472 $26,157 $643 $1,577
2008 $18,787 $29,978 $490 $1,547
2007 $18,205 $29,851 $480 $1,727
2006 $16,174 $26,949 $448 $1,682
2005 $14,369 $23,485 $413 $1,674
2004 $13,038 $21,629 $427 $1,621
2003 $12,173 $20,127 $349 $1,621
2002 $11,659 $18,813 $305 $1,702
2001 $11,539 $18,569 $325 $1,684
2000 $12,027 $19,319 $314 $1,558
1999 $11,342 $18,088 $311 $1,597
1998 $10,907 $17,496 $342 $1,598
1997 $10,336 $16,836 $319 $1,573
1996 $9,756 $16,017 $326 $1,449
1995 $9,034 $15,062 $285.4 $1,369
1994 $9,351 $15,736 $277.8 $1,379
1993 $8,625 $14,720 $252.1 $1,149
1992 $8,154 $13,908 $265.2 $1,021
1991 $7,956 $13,658 - -
1990 $7,591 $12,996 - -
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 (1977–2025, retrieved 2026-07-08).

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

Antigua and Barbuda's GDP per capita is $24,819, ranking 55/197, compared to $689 in Eritrea, ranking 189/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Eritrea ranks 191st at $1,742.

Economic indicators

Antigua Eritrea
Gross domestic product
$2.34B
2025
$2.07B
2011
GDP rank
178/197
2025
179/197
2011
GDP growth
5%
2024-2025
8.68%
2010-2011
GDP per capita
$24,819
2025
$689
2011
GDP per capita rank
55/197
2025
189/197
2011
GDP per capita, PPP
$33,386
2024
$1,742
2011
GDP per capita PPP rank
66/197
2024
191/197
2011
Government debt
$1.63B
2025
$3.54B
2011
Debt-to-GDP ratio
69.7%
2025
260.4%
2019
Government debt per person
$17,310
2025
$1,182
2011
Government debt per person rank
38/185
2025
137/185
2011
Average annual personal income after taxes
$16,750
2026
$1,350
2026
Government expenditure, % of GDP
19.3%
2025
31.3%
2019
Consumer prices inflation
1.4%
2024-2025
1.3%
2018-2019
Unemployment rate
5.37%
2023
5.8%
2017
Population
94846
3722489

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Eritrea
Spending

Debt
1x
Year % of GDP
Antigua Eritrea
Government spending Government debt Government spending Government debt
2025 19.3% 69.7% - -
2024 20.2% 71.8% - -
2023 18.4% 74.5% - -
2022 20.8% 82.4% - -
2021 23.4% 93% - -
2020 26% 100.5% - -
2019 22.1% 81.6% 31.3% 260.4%
2018 21.5% 84.3% 26.4% 267.1%
2017 22.6% 88.2% 42.5% 290.4%
2016 23.8% 83.1% 30.9% 251.2%
2015 24.8% 92.1% 31.1% 271.4%
2014 20.9% 91.9% 21.6% 204.5%
2013 20.7% 85.4% 32.7% 232.4%
2012 18.5% 76.9% 33.3% 171.6%
2011 21.1% 81.1% 32.3% 171.6%
2010 20% 79.4% 42.4% 201.8%
2009 32.1% 89.2% 44.9% 207.1%
2008 23.2% 66.8% 69.4% 259.7%
2007 23.8% 68.7% 51.2% 201.3%
2006 26% 79.1% 50.5% 199%
2005 21.5% 82.8% 76.6% 205.4%
2004 21.9% 107.7% 57.1% 193.5%
2003 24.2% 113% 58.1% 264%
2002 26.3% 114.5% 60.1% 243.4%
2001 24.2% 107.6% 59.5% 238.6%
2000 21.1% 96.4% 84.7% 219.1%
1999 20.3% 95.9% 106.1% -
1998 20.7% 94.6% 88% -
1997 16.8% 80.6% 60.1% -
1996 19.6% 85.5% 68.6% -
1995 21% 92.1% 81.2% -
1994 21.2% 84.5% 50.4% -
1993 19.4% 85.3% 67.2% -
1992 18.7% 90.8% 32.7% -
1991 20.8% 94.6% - -
1990 18.1% 94.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Antigua and Barbuda's government spending was $450M, accounting for 19.3% of its GDP, while Eritrea spent $666M, or 31.3% of GDP.

Debt-to-GDP ratio is 69.7% in Antigua and Barbuda and 260.4% in Eritrea, ranking 58/185 and 2/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Eritrea
1x
Year Deficit/surplus, % of GDP
Antigua Eritrea
2025 3.14% -
2024 1.65% -
2023 -1.66% -
2022 -2.86% -
2021 -4.52% -
2020 -6.23% -
2019 -3.64% 2.72%
2018 -2.43% 5.22%
2017 -2.72% -5.74%
2016 -0.14% -1.44%
2015 -2.42% -2.77%
2014 -2.6% -0.12%
2013 -3.83% -7.62%
2012 -0.97% -5.21%
2011 -3.09% -5.5%
2010 -0.24% -16.5%
2009 -15.8% -22.2%
2008 -4.72% -38%
2007 -4.98% -19.8%
2006 -6.62% -15.5%
2005 -4.29% -31%
2004 -3.9% -7.65%
2003 -7.32% 6.23%
2002 -8.83% -13.3%
2001 -8.58% -9.62%
2000 -4.5% -25.4%
1999 -3.08% -59.7%
1998 -1.62% -40.3%
1997 0% -5.65%
1996 -1.61% -18.4%
1995 -3.89% -22.9%
1994 -4.33% 8.69%
1993 -2.45% 4.22%
1992 -0.81% 6.85%
1991 -3.91% -
1990 0.12% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2011, Antigua and Barbuda's government deficit, the difference between spending and revenue, was $39.8M, equivalent to 3.09% of GDP. This compares to Eritrea's deficit of $114M, or 5.5% of GDP.

Over the past 20 years, Antigua and Barbuda recorded a fiscal deficit in 19 of those years, while Eritrea ran a deficit in 16 years. On average, Antigua and Barbuda posted an annual deficit equal to 4.53% of GDP, compared to deficit of 16.3% of GDP for Eritrea.

Inflation comparison by year

Inflation
Antigua and Barbuda

Eritrea
1x
Year Consumer prices inflation
Antigua Eritrea
2025 1.4% -
2024 6.2% -
2023 5.1% -
2022 7.5% -
2021 1.6% -
2020 1.1% -
2019 1.4% 1.3%
2018 1.2% -14.4%
2017 2.4% -13.3%
2016 -0.5% -5.6%
2015 1% 28.5%
2014 1.1% 8.4%
2013 1.1% 6.3%
2012 3.4% 6%
2011 3.5% 5.9%
2010 3.4% 10.3%
2009 -0.6% 33.9%
2008 5.3% 22.2%
2007 1.4% 9.4%
2006 1.8% 7.7%
2005 2.1% 12.5%
2004 2% 25.1%
2003 2% 22.7%
2002 2.4% 16.9%
2001 1.9% 14.6%
2000 -0.2% 19.9%
1999 1.1% 8.4%
1998 3.3% 9.5%
1997 0.4% 3.7%

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

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

Over the past 23 years, Antigua and Barbuda has recorded an average annual inflation rate of 1.78%, compared with 10.4% in Eritrea. In 2019, inflation was 1.4% in Antigua and Barbuda and 1.3% in Eritrea.

Balance of trade

Antigua Eritrea
Current account balance
-$281M
2025
-$105M
2000
Current account balance ranking
95/190
2025
82/190
2000
Current account balance, % of GDP
-12%
2025
-14.8%
2000
Goods imports
$793M
2025
$471M
2000
Goods exports
$96M
2025
$36.8M
2000
Service imports
$614M
2025
$28.5M
2000
Service exports
$1.21B
2025
$60.9M
2000
Imports of goods and services, % of GDP
63.3%
2022
29.2%
2011
Exports of goods and services, % of GDP
55%
2022
18.2%
2011

Economic freedom indices

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

Antigua Eritrea
Economic freedom 56 39.6
Economic freedom ranking 125/197 188/197
Property rights n/a 4.8
Government integrity n/a 10.9
Judicial effectiveness n/a 5.5
Tax burden n/a 80.3
Government spending n/a 62.3
Fiscal health n/a 69
Business freedom n/a 30.7
Labor freedom n/a 43.4
Monetary freedom n/a 80
Trade freedom n/a 68.4
Investment freedom n/a 0
Financial freedom n/a 20

Other economic metrics

Antigua Eritrea
Services, % of GDP
68.7%
2025
n/a
Industry, % of GDP
18.2%
2025
21.8%
2009
Agriculture, forestry, and fishing, % of GDP
1.49%
2025
14.1%
2009
GNI, Atlas method
$2.24B
2025
$1.94B
2011
GNI per capita, PPP
$34,670
2025
$1,720
2011
Total reserves including gold
$379M
2025
$192M
2019
Total reserves ranking
165/177
2025
170/177
2019
Net foreign direct investment
-$291M
2025
-$27.9M
2000
Net inflows of foreign direct investment
$246M
2024
-$27.9M
2024
Net outflows of foreign direct investment
-$68.4K
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
1.07%
2011
Poverty at national poverty lines n/a
50%
2020
Gross capital formation, % of GDP n/a
12.6%
2011

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/eritrea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. Central Intelligence Agency (CIA) (2017–2020, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.