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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $3.16T for France, ranking 177/197 and 7/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $3.58T (113.1% of GDP) in France.

Antigua and Barbuda vs France GDP by year

Antigua and Barbuda
France
1x
Year GDP, current $
Antigua France
2024 $2,207,622,874 $3,160,442,622,465
2023 $2,005,785,185 $3,056,250,648,138
2022 $1,866,566,667 $2,794,788,137,067
2021 $1,602,125,926 $2,966,433,692,008
2020 $1,411,637,037 $2,647,926,055,110
2019 $1,726,448,148 $2,722,793,515,172
2018 $1,661,529,630 $2,781,576,320,884
2017 $1,534,855,556 $2,588,868,323,335
2016 $1,489,603,704 $2,470,407,619,777
2015 $1,437,485,185 $2,442,483,452,643
2014 $1,378,707,407 $2,861,236,112,552
2013 $1,325,496,296 $2,816,077,607,875
2012 $1,364,729,630 $2,683,007,095,787
2011 $1,287,359,259 $2,870,408,553,990
2010 $1,298,348,148 $2,646,230,027,988
2009 $1,386,518,519 $2,700,075,882,519
2008 $1,557,640,741 $2,926,802,941,586
2007 $1,487,381,481 $2,655,816,911,867
2006 $1,303,674,074 $2,317,861,544,691
2005 $1,143,896,296 $2,192,146,403,028
2004 $1,026,329,630 $2,109,792,297,237
2003 $948,100,000 $1,835,095,983,049
2002 $898,092,593 $1,492,427,756,382
2001 $877,774,074 $1,370,376,677,299
2000 $901,003,704 $1,360,959,069,477
1999 $835,544,444 $1,486,915,879,702
1998 $789,788,889 $1,496,906,382,032
1997 $734,422,222 $1,449,392,222,971
1996 $679,140,741 $1,598,889,216,566
1995 $616,051,852 $1,595,219,345,512
1994 $625,081,481 $1,385,822,778,828
1993 $565,662,963 $1,314,383,368,080
1992 $525,133,333 $1,389,663,073,110
1991 $504,337,037 $1,258,961,748,634
1990 $478,718,519 $1,257,649,439,827
1989 $455,174,074 $1,016,742,237,302
1988 $411,396,296 $1,010,827,662,152
1987 $346,866,667 $926,320,855,615
1986 $297,562,963 $764,946,585,851
1985 $246,370,370 $547,220,981,165
1984 $212,214,815 $525,033,325,828
1983 $184,866,667 $553,356,312,936
1982 $166,444,444 $578,152,310,610
1981 $149,388,889 $609,184,791,792
1980 $132,451,852 $694,529,183,483
1979 $109,596,296 $608,218,624,730
1978 $88,040,741 $501,724,418,605
1977 $77,507,407 $406,401,711,688
1976 - $368,363,152,144
1975 - $357,324,307,786
1974 - $282,739,225,314
1973 - $261,970,536,240
1972 - $201,738,881,664
1971 - $164,694,210,962
1970 - $147,312,861,698
1969 - $140,660,914,841
1968 - $128,710,572,572
1967 - $118,088,635,381
1966 - $109,306,730,313
1965 - $100,927,668,584
1964 - $93,424,179,943
1963 - $84,227,606,650
1962 - $75,196,980,365
1961 - $67,158,050,215
1960 - $61,959,085,885

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

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

GDP per capita in Antigua and Barbuda vs France by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
France
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua France
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $46,103 $62,557
2023 $21,495 $31,602 $44,700 $60,839
2022 $20,105 $29,934 $40,989 $57,043
2021 $17,349 $25,745 $43,725 $52,517
2020 $15,370 $22,370 $39,170 $49,482
2019 $18,896 $26,551 $40,408 $51,130
2018 $18,273 $24,524 $41,418 $46,381
2017 $16,966 $21,422 $38,687 $44,469
2016 $16,557 $21,320 $37,024 $42,880
2015 $16,078 $20,985 $36,702 $40,905
2014 $15,532 $21,671 $43,148 $40,218
2013 $15,052 $21,761 $42,669 $39,583
2012 $15,640 $23,012 $40,864 $37,671
2011 $14,912 $23,804 $43,930 $37,510
2010 $15,217 $24,071 $40,695 $35,908
2009 $16,472 $26,157 $41,728 $34,685
2008 $18,787 $29,978 $45,465 $35,053
2007 $18,205 $29,851 $41,486 $34,066
2006 $16,174 $26,949 $36,432 $32,424
2005 $14,369 $23,485 $34,696 $30,431
2004 $13,038 $21,629 $33,645 $28,921
2003 $12,173 $20,127 $29,480 $28,024
2002 $11,659 $18,813 $24,145 $28,350
2001 $11,539 $18,569 $22,332 $27,347
2000 $12,027 $19,319 $22,341 $26,007
1999 $11,342 $18,088 $24,576 $24,204
1998 $10,907 $17,496 $24,869 $23,263
1997 $10,336 $16,836 $24,169 $22,190
1996 $9,756 $16,017 $26,758 $21,268
1995 $9,034 $15,062 $26,792 $20,701
1994 $9,351 $15,736 $23,360 $19,892
1993 $8,625 $14,720 $22,239 $19,094
1992 $8,154 $13,908 $23,615 $18,801
1991 $7,956 $13,658 $21,501 $18,198
1990 $7,591 $12,996 $21,586 $17,475
1989 $7,188 - $17,547 -
1988 $6,466 - $17,550 -
1987 $5,424 - $16,176 -
1986 $4,629 - $13,430 -
1985 $3,814 - $9,657 -
1984 $3,271 - $9,312 -
1983 $2,847 - $9,862 -
1982 $2,569 - $10,360 -
1981 $2,310 - $10,956 -
1980 $2,053 - $12,565 -
1979 $1,705 - $11,063 -
1978 $1,375 - $9,167 -
1977 $1,214 - $7,459 -
1976 - - $6,792 -
1975 - - $6,617 -
1974 - - $5,261 -
1973 - - $4,907 -
1972 - - $3,809 -
1971 - - $3,137 -
1970 - - $2,833 -
1969 - - $2,729 -
1968 - - $2,518 -
1967 - - $2,328 -
1966 - - $2,173 -
1965 - - $2,024 -
1964 - - $1,891 -
1963 - - $1,723 -
1962 - - $1,554 -
1961 - - $1,402 -
1960 - - $1,307 -

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

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $46,103 in France, ranking 27/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while France ranks 30th at $62,557.

Economic indicators

Antigua France
Gross domestic product
$2.21B
2024
$3.16T
2024
GDP rank
177/197
2024
7/197
2024
GDP growth
3.66%
2023-2024
1.19%
2023-2024
GDP per capita
$23,542
2024
$46,103
2024
GDP per capita rank
53/197
2024
27/197
2024
GDP per capita, PPP
$33,386
2024
$62,557
2024
GDP per capita PPP rank
66/197
2024
30/197
2024
Government debt
$1.49B
2024
$3.58T
2024
Debt-to-GDP ratio
67.6%
2024
113.1%
2024
Government debt per person
$15,910
2024
$52,165
2024
Government debt per person rank
39/185
2024
8/185
2024
Average annual personal income after taxes
$16,563
2026
$35,669
2026
Market capitalization of domestic companies n/a
$2.37T
2018
Number of millionaires n/a
2,897,000
2025
Number of billionaires n/a
52
2025
Income share by richest 10% n/a
25%
2023
Income share by poorest 10% n/a
3%
2023
Government expenditure, % of GDP
19.8%
2024
57.2%
2024
Consumer prices inflation
6.2%
2023-2024
2%
2023-2024
Unemployment rate
5.37%
2023
7.44%
2024
Population
94757
68788006

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
France
Spending

Debt
1x
Year % of GDP
Antigua France
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 57.2% 113.1%
2023 18.8% 76.3% 56.8% 109.6%
2022 20.7% 82% 58.4% 111.4%
2021 23.4% 93% 59.5% 112.8%
2020 26% 100.5% 61.7% 114.9%
2019 22.1% 81.6% 55.3% 98.1%
2018 21.5% 84.3% 56.4% 98.5%
2017 22.6% 88.2% 57.7% 98.7%
2016 23.8% 83.1% 57.4% 98.1%
2015 24.8% 92.1% 57.6% 96.9%
2014 20.9% 91.9% 58.4% 96.1%
2013 20.7% 85.4% 58.6% 94.5%
2012 18.5% 76.9% 57.9% 91.7%
2011 21.1% 81.1% 57% 88.7%
2010 20% 79.4% 57.7% 86.3%
2009 32.1% 89.2% 58% 84.1%
2008 23.2% 66.8% 54.3% 69.8%
2007 23.8% 68.7% 53.6% 65.5%
2006 26% 79.1% 53.7% 65.4%
2005 21.5% 82.8% 54.3% 68.2%
2004 21.9% 107.7% 54% 66.9%
2003 24.2% 113% 54.4% 65.4%
2002 26.3% 114.5% 53.9% 61.3%
2001 24.2% 107.6% 52.8% 59.3%
2000 21.1% 96.4% 52.6% 59.7%
1999 20.3% 95.9% 53.7% 61.4%
1998 20.7% 94.6% 54% 62.1%
1997 16.8% 80.6% 55.6% 62%
1996 19.6% 85.5% 56% 60.6%
1995 21% 92.1% 56% 57.8%
1994 21.2% 84.5% 55.9% 51.6%
1993 19.4% 85.3% 56.5% 48.2%
1992 18.7% 90.8% 54% 41.7%
1991 20.8% 94.6% 52.7% 37.8%
1990 18.1% 94.1% 51.6% 36.8%
1989 - - 48.9% 34%
1988 - - 50.1% 33.3%
1987 - - 50.7% 33.4%
1986 - - 51.3% 31.1%
1985 - - 51.9% 30.6%
1984 - - 51.2% 29%
1983 - - 50.2% 26.6%
1982 - - 49.9% 25.3%
1981 - - 48.5% 22%
1980 - - 46% 20.7%
1979 - - 44.9% 21.1%
1978 - - 44.7% 21.2%
1977 - - 21.4% 15%
1976 - - 21.7% 15.1%
1975 - - 22% 16.1%
1974 - - 19.9% 15.4%
1973 - - 19.7% 15.8%
1972 - - 19.8% 17.7%
1971 - - 20% 20.1%
1970 - - 20.5% 21%
1969 - - 21.5% 14.4%
1968 - - 22.7% 15.8%
1967 - - 21.4% 16.1%
1966 - - 21.4% 15.3%
1965 - - 21.1% 17.6%
1964 - - 21% 19.6%
1963 - - 22.6% 22.2%
1962 - - 21.7% 23.6%
1961 - - 21.9% 26.3%
1960 - - 22.2% 28.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while France spent $1.81T, or 57.2% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 113.1% in France, ranking 63/185 and 14/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

France
1x
Year Deficit/surplus, % of GDP
Antigua France
2024 1.61% -5.77%
2023 -1.7% -5.44%
2022 -2.84% -4.74%
2021 -4.52% -6.58%
2020 -6.23% -8.93%
2019 -3.64% -2.39%
2018 -2.43% -2.32%
2017 -2.72% -3.36%
2016 -0.14% -3.76%
2015 -2.42% -3.89%
2014 -2.6% -4.57%
2013 -3.83% -4.94%
2012 -0.97% -5.17%
2011 -3.09% -5.3%
2010 -0.24% -7.16%
2009 -15.8% -7.38%
2008 -4.72% -3.5%
2007 -4.98% -2.99%
2006 -6.62% -2.66%
2005 -4.29% -3.5%
2004 -3.9% -3.55%
2003 -7.32% -4.09%
2002 -8.83% -3.18%
2001 -8.58% -1.42%
2000 -4.5% -1.32%
1999 -3.08% -1.55%
1998 -1.62% -2.39%
1997 0% -3.71%
1996 -1.61% -3.89%
1995 -3.89% -5.11%
1994 -4.33% -5.46%
1993 -2.45% -6.4%
1992 -0.81% -4.64%
1991 -3.91% -2.89%
1990 0.12% -2.45%
1989 - -1.9%
1988 - -2.7%
1987 - -2.13%
1986 - -3.3%
1985 - -3.08%
1984 - -2.8%
1983 - -2.58%
1982 - -2.91%
1981 - -2.39%
1980 - -0.27%
1979 - -0.36%
1978 - -1.73%
1977 - 0.9%
1976 - 1.01%
1975 - -0.28%
1974 - 3.05%
1973 - 1.97%
1972 - 1.94%
1971 - -0.13%
1970 - 0.02%
1969 - -0.49%
1968 - -2.54%
1967 - -0.8%
1966 - -0.57%
1965 - -0.07%
1964 - -0.25%
1963 - -2.24%
1962 - -1.53%
1961 - -1.36%
1960 - -1.95%
1959 - 0.56%
1958 - 0.08%
1957 - -1.99%
1956 - -2.62%
1955 - -1.04%
1954 - -0.78%
1953 - -4.79%
1952 - -6.82%
1951 - -4.42%
1950 - -5.56%
1949 - -7.31%
1948 - -9.11%
1947 - -7.6%
1946 - -8.1%
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -6.89%
1936 - -4.76%
1935 - -4.22%
1934 - -4.31%
1933 - -4.96%
1932 - -1.86%
1931 - -2.06%
1930 - -1.65%
1929 - 1.48%
1928 - 1.13%
1927 - -0.04%
1926 - -0.02%
1925 - -0.87%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - 0.05%
1912 - 0.23%
1911 - 0.31%
1910 - -0.12%
1909 - -0.11%
1908 - -0.15%
1907 - 0.23%
1906 - -0.04%
1905 - 0.18%
1904 - 0.3%
1903 - 0.21%
1902 - -0.37%
1901 - -0.39%
1900 - 0.21%
1899 - 0.21%
1898 - 0.29%
1897 - 0.01%
1896 - -0.03%
1895 - -0.07%
1894 - -0.08%
1893 - -0.3%
1892 - -0.03%
1891 - 0.36%
1890 - 0.31%
1889 - 0.09%
1888 - 0.18%
1887 - -0.07%
1886 - -0.5%
1885 - -0.59%
1884 - -0.35%
1883 - -0.23%
1882 - -0.15%
1881 - 0.64%
1880 - 0.65%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/france | 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 France's deficit of $182B, or 5.77% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while France ran a deficit in 35 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 4.18% of GDP for France.

Inflation comparison by year

Inflation
Antigua and Barbuda

France
1x
Year Consumer prices inflation
Antigua France
2024 6.2% 2%
2023 5.1% 4.88%
2022 7.5% 5.22%
2021 1.6% 1.64%
2020 1.1% 0.48%
2019 1.4% 1.11%
2018 1.2% 1.85%
2017 2.4% 1.03%
2016 -0.5% 0.18%
2015 1% 0.04%
2014 1.1% 0.51%
2013 1.1% 0.86%
2012 3.4% 1.95%
2011 3.5% 2.11%
2010 3.4% 1.53%
2009 -0.6% 0.09%
2008 5.3% 2.81%
2007 1.4% 1.49%
2006 1.8% 1.68%
2005 2.1% 1.75%
2004 2% 2.14%
2003 2% 2.1%
2002 2.4% 1.92%
2001 1.9% 1.63%
2000 -0.2% 1.68%
1999 1.1% 0.54%
1998 3.3% 0.65%
1997 0.4% 1.2%

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/france | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 1.61% in France. In 2024, inflation was 6.2% in Antigua and Barbuda and 2% in France.

Top exports between countries

Antigua
Export category Export value
Textiles & consumer goods $722K
Raw materials & minerals $517K
Animal & marine products $417K
Machinery & equipment $141K
Precious metals & jewellery $73K
Metals $5K
Processed food, beverages & tobacco $3K
Raw agricultural goods $2K
Wood & paper products $2K
France
Export category Export value
Machinery & equipment $5.7M
Processed food, beverages & tobacco $3.63M
Raw materials & minerals $3.08M
Precious metals & jewellery $2.6M
Textiles & consumer goods $1.89M
Wood & paper products $501K
Animal & marine products $430K
Metals $228K
Chemicals & pharma $177K
Raw agricultural goods $62K

Balance of trade

Antigua France
Current account balance
-$181M
2024
$2.69B
2024
Current account balance ranking
98/190
2024
42/190
2024
Current account balance, % of GDP
-8.22%
2024
+0.09%
2024
Goods imports
$726M
2024
$733B
2024
Goods exports
$72.1M
2024
$668B
2024
Service imports
$557M
2024
$341B
2024
Service exports
$1.24B
2024
$403B
2024
Imports of goods and services, % of GDP
63%
2022
34.2%
2024
Exports of goods and services, % of GDP
54.7%
2022
33.9%
2024

Economic freedom indices

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

Antigua France
Economic freedom 56 64.6
Economic freedom ranking 125/197 72/197
Property rights n/a 91.2
Government integrity n/a 73.4
Judicial effectiveness n/a 84.7
Tax burden n/a 54.6
Government spending n/a 0.9
Fiscal health n/a 34.8
Business freedom n/a 78.4
Labor freedom n/a 59.1
Monetary freedom n/a 73.2
Trade freedom n/a 79.4
Investment freedom n/a 75
Financial freedom n/a 70

Other economic metrics

Antigua France
Services, % of GDP
69.1%
2023
70.9%
2024
Industry, % of GDP
19%
2023
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
1.3%
2024
GNI, Atlas method
$1.98B
2024
$3.1T
2024
GNI per capita, PPP
$31,730
2024
$63,880
2024
Total reserves including gold
$358M
2024
$283B
2024
Total reserves ranking
164/177
2024
13/177
2024
Net foreign direct investment
-$253M
2024
-$10.3B
2024
Net inflows of foreign direct investment
$246M
2024
$52.1B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$41.7B
2024
Poverty at national poverty lines n/a
15.6%
2021
Gross capital formation, % of GDP n/a
21.5%
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/france | 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 (1880–1989, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2023–2024, 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.

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.