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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $25B for Guinea, ranking 177/197 and 118/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $12.2B (48.8% of GDP) in Guinea.

Antigua and Barbuda vs Guinea GDP by year

Antigua and Barbuda
Guinea
1x
Year GDP, current $
Antigua Guinea
2024 $2,207,622,874 $25,008,678,293
2023 $2,005,785,185 $22,407,615,556
2022 $1,866,566,667 $19,910,452,542
2021 $1,602,125,926 $17,069,115,738
2020 $1,411,637,037 $14,088,693,743
2019 $1,726,448,148 $13,442,861,496
2018 $1,661,529,630 $11,857,030,367
2017 $1,534,855,556 $10,324,668,271
2016 $1,489,603,704 $8,595,955,222
2015 $1,437,485,185 $8,794,201,743
2014 $1,378,707,407 $8,778,473,373
2013 $1,325,496,296 $8,376,613,539
2012 $1,364,729,630 $7,638,044,557
2011 $1,287,359,259 $6,785,137,203
2010 $1,298,348,148 $6,853,467,146
2009 $1,386,518,519 $6,716,905,340
2008 $1,557,640,741 $6,964,179,983
2007 $1,487,381,481 $6,281,918,226
2006 $1,303,674,074 $4,220,019,845
2005 $1,143,896,296 $4,282,468,637
2004 $1,026,329,630 $5,300,767,961
2003 $948,100,000 $5,025,167,975
2002 $898,092,593 $4,301,608,753
2001 $877,774,074 $4,125,527,603
2000 $901,003,704 $4,367,458,867
1999 $835,544,444 $5,046,806,783
1998 $789,788,889 $5,232,118,046
1997 $734,422,222 $5,516,916,163
1996 $679,140,741 $5,641,243,100
1995 $616,051,852 $5,385,704,166
1994 $625,081,481 $4,932,800,407
1993 $565,662,963 $4,781,166,117
1992 $525,133,333 $4,789,220,417
1991 $504,337,037 $4,396,178,694
1990 $478,718,519 $3,888,320,666
1989 $455,174,074 $3,546,079,263
1988 $411,396,296 $3,476,480,303
1987 $346,866,667 $2,976,714,019
1986 $297,562,963 $2,909,130,355
1985 $246,370,370 $22,787,644,566
1984 $212,214,815 $18,421,497,251
1983 $184,866,667 $15,129,893,722
1982 $166,444,444 $11,926,032,493
1981 $149,388,889 $9,646,440,667
1980 $132,451,852 $9,746,524,915
1979 $109,596,296 $8,877,094,497
1978 $88,040,741 $8,087,305,999
1977 $77,507,407 $6,914,381,291
1976 - $6,762,781,871
1975 - $6,102,769,605
1974 - $5,691,417,541
1973 - $5,152,080,388
1972 - $4,203,069,035
1971 - $3,594,302,908
1970 - $3,220,224,608

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Antigua and Barbuda vs Guinea by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Guinea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Guinea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $1,695 $4,565
2023 $21,495 $31,602 $1,555 $4,334
2022 $20,105 $29,934 $1,417 $4,062
2021 $17,349 $25,745 $1,245 $3,739
2020 $15,370 $22,370 $1,054 $3,332
2019 $18,896 $26,551 $1,031 $3,106
2018 $18,273 $24,524 $933 $2,844
2017 $16,966 $21,422 $834 $2,687
2016 $16,557 $21,320 $712 $2,255
2015 $16,078 $20,985 $747 $1,930
2014 $15,532 $21,671 $765 $1,873
2013 $15,052 $21,761 $748 $1,842
2012 $15,640 $23,012 $699 $1,790
2011 $14,912 $23,804 $637 $1,705
2010 $15,217 $24,071 $659 $1,622
2009 $16,472 $26,157 $662 $1,567
2008 $18,787 $29,978 $704 $1,614
2007 $18,205 $29,851 $650 $1,558
2006 $16,174 $26,949 $447 $1,453
2005 $14,369 $23,485 $463 $1,422
2004 $13,038 $21,629 $585 $1,366
2003 $12,173 $20,127 $566 $1,328
2002 $11,659 $18,813 $496 $1,315
2001 $11,539 $18,569 $483 $1,251
2000 $12,027 $19,319 $518 $1,196
1999 $11,342 $18,088 $611 $1,163
1998 $10,907 $17,496 $647 $1,130
1997 $10,336 $16,836 $696 $1,099
1996 $9,756 $16,017 $726 $1,048
1995 $9,034 $15,062 $713 $1,014
1994 $9,351 $15,736 $672 $976
1993 $8,625 $14,720 $671 $947
1992 $8,154 $13,908 $693 $908
1991 $7,956 $13,658 $656 $887
1990 $7,591 $12,996 $604 $871
1989 $7,188 - $570 -
1988 $6,466 - $574 -
1987 $5,424 - $505 -
1986 $4,629 - $506 -
1985 $3,814 - $4,062 -
1984 $3,271 - $3,362 -
1983 $2,847 - $2,823 -
1982 $2,569 - $2,273 -
1981 $2,310 - $1,876 -
1980 $2,053 - $1,931 -
1979 $1,705 - $1,790 -
1978 $1,375 - $1,658 -
1977 $1,214 - $1,440 -
1976 - - $1,431 -
1975 - - $1,311 -
1974 - - $1,243 -
1973 - - $1,143 -
1972 - - $948 -
1971 - - $825 -
1970 - - $753 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $1,695 in Guinea, ranking 160/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Guinea ranks 161st at $4,565.

Economic indicators

Antigua Guinea
Gross domestic product
$2.21B
2024
$25B
2024
GDP rank
177/197
2024
118/197
2024
GDP growth
3.66%
2023-2024
5.35%
2023-2024
GDP per capita
$23,542
2024
$1,695
2024
GDP per capita rank
53/197
2024
160/197
2024
GDP per capita, PPP
$33,386
2024
$4,565
2024
GDP per capita PPP rank
66/197
2024
161/197
2024
Government debt
$1.49B
2024
$12.2B
2024
Debt-to-GDP ratio
67.6%
2024
48.8%
2024
Government debt per person
$15,910
2024
$828
2024
Government debt per person rank
39/185
2024
147/185
2024
Average annual personal income after taxes
$16,563
2026
$20,020
2026
Income share by richest 10% n/a
23.1%
2018
Income share by poorest 10% n/a
3.5%
2018
Government expenditure, % of GDP
19.8%
2024
20.6%
2024
Consumer prices inflation
6.2%
2023-2024
4.7%
2023-2024
Unemployment rate
5.37%
2023
5.02%
2019
Population
94757
15546235

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Guinea
Spending

Debt
1x
Year % of GDP
Antigua Guinea
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 20.6% 48.8%
2023 18.8% 76.3% 18.3% 40.4%
2022 20.7% 82% 15.7% 37.9%
2021 23.4% 93% 15.1% 40.6%
2020 26% 100.5% 17.1% 45.3%
2019 22.1% 81.6% 14.9% 37.3%
2018 21.5% 84.3% 15.9% 37.5%
2017 22.6% 88.2% 17.3% 39.9%
2016 23.8% 83.1% 16.1% 40.6%
2015 24.8% 92.1% 21.7% 41.5%
2014 20.9% 91.9% 20.1% 32.1%
2013 20.7% 85.4% 18.6% 30.5%
2012 18.5% 76.9% 19.6% 26.9%
2011 21.1% 81.1% 16% 53.8%
2010 20% 79.4% 20.5% 71.1%
2009 32.1% 89.2% 16.2% 61.3%
2008 23.2% 66.8% 10.1% 58.5%
2007 23.8% 68.7% 8.66% 60.8%
2006 26% 79.1% 13.2% 95.2%
2005 21.5% 82.8% 11% 97.9%
2004 21.9% 107.7% 13% 86.9%
2003 24.2% 113% 14.7% 81.6%
2002 26.3% 114.5% 14.4% 82.6%
2001 24.2% 107.6% 14.9% 90.4%
2000 21.1% 96.4% 12.6% 91.5%
1999 20.3% 95.9% 11.6% 92.3%
1998 20.7% 94.6% 10.3% 75.9%
1997 16.8% 80.6% 12.6% 67.9%
1996 19.6% 85.5% 12% 67.7%
1995 21% 92.1% 12.7% 66.5%
1994 21.2% 84.5% 12.6% 71.3%
1993 19.4% 85.3% 13.3% 68.9%
1992 18.7% 90.8% 13.8% 62%
1991 20.8% 94.6% 16.3% 70.9%
1990 18.1% 94.1% 18.7% 71.6%

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

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Guinea spent $5.14B, or 20.6% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 48.8% in Guinea, ranking 63/185 and 111/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Guinea
1x
Year Deficit/surplus, % of GDP
Antigua Guinea
2024 1.61% -4.99%
2023 -1.7% -3.86%
2022 -2.84% -1.88%
2021 -4.52% -1.7%
2020 -6.23% -3.08%
2019 -3.64% -0.17%
2018 -2.43% -0.97%
2017 -2.72% -1.98%
2016 -0.14% -0.08%
2015 -2.42% -6.53%
2014 -2.6% -3.01%
2013 -3.83% -3.86%
2012 -0.97% 23.7%
2011 -3.09% -0.92%
2010 -0.24% -9.66%
2009 -15.8% -4.87%
2008 -4.72% 0.38%
2007 -4.98% 1.28%
2006 -6.62% -2.13%
2005 -4.29% -1.06%
2004 -3.9% -3.85%
2003 -7.32% -4.65%
2002 -8.83% -3.37%
2001 -8.58% -3.23%
2000 -4.5% -2.42%
1999 -3.08% -1.3%
1998 -1.62% 2.46%
1997 0% 0.07%
1996 -1.61% -2.2%
1995 -3.89% -1.07%
1994 -4.33% -2.59%
1993 -2.45% -2.33%
1992 -0.81% -0.89%
1991 -3.91% -3.25%
1990 0.12% -3.76%

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

GeoRank.org/economy/antigua-and-barbuda/guinea | 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 Guinea's deficit of $1.25B, or 4.99% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Guinea ran a deficit in 30 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 1.65% of GDP for Guinea.

Inflation comparison by year

Inflation
Antigua and Barbuda

Guinea
1x
Year Consumer prices inflation
Antigua Guinea
2024 6.2% 4.7%
2023 5.1% 5.4%
2022 7.5% 10.5%
2021 1.6% 12.6%
2020 1.1% 10.6%
2019 1.4% 9.5%
2018 1.2% 9.8%
2017 2.4% 8.9%
2016 -0.5% 8.2%
2015 1% 8.2%
2014 1.1% 9.7%
2013 1.1% 11.9%
2012 3.4% 15.2%
2011 3.5% 21.4%
2010 3.4% 15.5%
2009 -0.6% 4.7%
2008 5.3% 18.4%
2007 1.4% 22.9%
2006 1.8% 34.7%
2005 2.1% 31.4%
2004 2% 17.5%
2003 2% 11%
2002 2.4% 3%
2001 1.9% 5.4%
2000 -0.2% 6.8%
1999 1.1% 4.6%
1998 3.3% 5.1%
1997 0.4% 1.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 11.8% in Guinea. In 2024, inflation was 6.2% in Antigua and Barbuda and 4.7% in Guinea.

Top exports between countries

Antigua
Export category Export value
Guinea
Export category Export value
Machinery & equipment $4K

Balance of trade

Antigua Guinea
Current account balance
-$181M
2024
-$392M
2024
Current account balance ranking
98/190
2024
104/190
2024
Current account balance, % of GDP
-8.22%
2024
-1.57%
2024
Goods imports
$726M
2024
$7.08B
2024
Goods exports
$72.1M
2024
$11.6B
2024
Service imports
$557M
2024
$3.15B
2024
Service exports
$1.24B
2024
$71.2M
2024
Imports of goods and services, % of GDP
63%
2022
56.4%
2024
Exports of goods and services, % of GDP
54.7%
2022
41.4%
2024

Economic freedom indices

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

Antigua Guinea
Economic freedom 56 53.1
Economic freedom ranking 125/197 141/197
Property rights n/a 21.3
Government integrity n/a 26.7
Judicial effectiveness n/a 26
Tax burden n/a 70.1
Government spending n/a 90.1
Fiscal health n/a 74.8
Business freedom n/a 44.8
Labor freedom n/a 56.4
Monetary freedom n/a 75.3
Trade freedom n/a 61.8
Investment freedom n/a 50
Financial freedom n/a 40

Other economic metrics

Antigua Guinea
Services, % of GDP
69.1%
2023
36.3%
2024
Industry, % of GDP
19%
2023
25.1%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
31%
2024
GNI, Atlas method
$1.98B
2024
$21.3B
2024
GNI per capita, PPP
$31,730
2024
$4,130
2024
Total reserves including gold
$358M
2024
$1.89B
2023
Total reserves ranking
164/177
2024
128/177
2023
Net foreign direct investment
-$253M
2024
-$1.4B
2024
Net inflows of foreign direct investment
$246M
2024
$1.4B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$30K
2024
Servicing debt to the IMF, % of GNI n/a
1.94%
2024
Poverty at national poverty lines n/a
47%
2020
Gross capital formation, % of GDP n/a
32.1%
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/guinea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. TradeMap (2016, retrieved 2026-02-08)
  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.

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.