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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $37.1B for Honduras, ranking 177/197 and 104/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $17.5B (47.1% of GDP) in Honduras.

Antigua and Barbuda vs Honduras GDP by year

Antigua and Barbuda
Honduras
1x
Year GDP, current $
Antigua Honduras
2024 $2,207,622,874 $37,093,565,854
2023 $2,005,785,185 $34,355,805,528
2022 $1,866,566,667 $31,426,041,807
2021 $1,602,125,926 $28,144,331,507
2020 $1,411,637,037 $23,352,232,484
2019 $1,726,448,148 $24,882,225,742
2018 $1,661,529,630 $24,067,750,760
2017 $1,534,855,556 $23,136,247,991
2016 $1,489,603,704 $21,717,604,952
2015 $1,437,485,185 $20,979,791,685
2014 $1,378,707,407 $19,756,533,972
2013 $1,325,496,296 $18,499,729,215
2012 $1,364,729,630 $18,528,554,398
2011 $1,287,359,259 $17,710,275,685
2010 $1,298,348,148 $15,839,344,592
2009 $1,386,518,519 $14,587,496,229
2008 $1,557,640,741 $13,881,731,876
2007 $1,487,381,481 $12,361,257,681
2006 $1,303,674,074 $10,917,477,066
2005 $1,143,896,296 $9,757,012,697
2004 $1,026,329,630 $8,869,299,234
2003 $948,100,000 $8,230,391,347
2002 $898,092,593 $7,858,255,413
2001 $877,774,074 $7,651,162,302
2000 $901,003,704 $7,186,638,029
1999 $835,544,444 $6,394,090,592
1998 $789,788,889 $6,163,707,533
1997 $734,422,222 $5,569,178,707
1996 $679,140,741 $4,798,834,459
1995 $616,051,852 $4,672,346,194
1994 $625,081,481 $4,105,686,899
1993 $565,662,963 $4,190,773,622
1992 $525,133,333 $4,122,846,905
1991 $504,337,037 $3,699,381,195
1990 $478,718,519 $3,734,460,117
1989 $455,174,074 $4,375,896,552
1988 $411,396,296 $4,892,660,944
1987 $346,866,667 $5,024,800,000
1986 $297,562,963 $4,706,100,000
1985 $246,370,370 $4,328,300,000
1984 $212,214,815 $4,029,900,000
1983 $184,866,667 $3,840,550,000
1982 $166,444,444 $3,619,500,000
1981 $149,388,889 $3,501,800,000
1980 $132,451,852 $3,184,400,000
1979 $109,596,296 $2,778,900,000
1978 $88,040,741 $2,393,650,000
1977 $77,507,407 $1,900,700,000
1976 - $1,589,300,000
1975 - $1,330,050,000
1974 - $1,243,000,000
1973 - $1,128,299,436
1972 - $1,030,645,362
1971 - $958,450,000
1970 - $904,400,000
1969 - $844,400,000
1968 - $815,450,000
1967 - $750,950,000
1966 - $692,150,000
1965 - $651,050,000
1964 - $591,100,000
1963 - $553,500,000
1962 - $532,450,000
1961 - $503,300,000
1960 - $475,650,000

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

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

GDP per capita in Antigua and Barbuda vs Honduras by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Honduras
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Honduras
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $3,426 $7,486
2023 $21,495 $31,602 $3,227 $7,178
2022 $20,105 $29,934 $3,003 $6,805
2021 $17,349 $25,745 $2,735 $6,203
2020 $15,370 $22,370 $2,308 $5,385
2019 $18,896 $26,551 $2,502 $5,785
2018 $18,273 $24,524 $2,465 $5,633
2017 $16,966 $21,422 $2,413 $5,621
2016 $16,557 $21,320 $2,307 $5,186
2015 $16,078 $20,985 $2,271 $4,846
2014 $15,532 $21,671 $2,180 $4,460
2013 $15,052 $21,761 $2,081 $4,137
2012 $15,640 $23,012 $2,126 $4,016
2011 $14,912 $23,804 $2,074 $3,901
2010 $15,217 $24,071 $1,893 $3,758
2009 $16,472 $26,157 $1,781 $3,656
2008 $18,787 $29,978 $1,732 $3,806
2007 $18,205 $29,851 $1,578 $3,664
2006 $16,174 $26,949 $1,426 $3,438
2005 $14,369 $23,485 $1,305 $3,204
2004 $13,038 $21,629 $1,215 $3,001
2003 $12,173 $20,127 $1,156 $2,821
2002 $11,659 $18,813 $1,132 $2,715
2001 $11,539 $18,569 $1,132 $2,645
2000 $12,027 $19,319 $1,093 $2,587
1999 $11,342 $18,088 $999 $2,372
1998 $10,907 $17,496 $989 $2,152
1997 $10,336 $16,836 $917 $1,959
1996 $9,756 $16,017 $813 $1,617
1995 $9,034 $15,062 $814 $1,329
1994 $9,351 $15,736 $736 $1,074
1993 $8,625 $14,720 $773 $838
1992 $8,154 $13,908 $782 $741
1991 $7,956 $13,658 $722 $684
1990 $7,591 $12,996 $750 $540
1989 $7,188 - $904 -
1988 $6,466 - $1,039 -
1987 $5,424 - $1,098 -
1986 $4,629 - $1,058 -
1985 $3,814 - $1,001 -
1984 $3,271 - $960 -
1983 $2,847 - $942 -
1982 $2,569 - $914 -
1981 $2,310 - $912 -
1980 $2,053 - $854 -
1979 $1,705 - $769 -
1978 $1,375 - $683 -
1977 $1,214 - $559 -
1976 - - $482 -
1975 - - $417 -
1974 - - $401 -
1973 - - $375 -
1972 - - $353 -
1971 - - $338 -
1970 - - $329 -
1969 - - $316 -
1968 - - $314 -
1967 - - $298.2 -
1966 - - $282.9 -
1965 - - $273.9 -
1964 - - $255.9 -
1963 - - $246.6 -
1962 - - $244 -
1961 - - $237.3 -
1960 - - $230.7 -

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

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $3,426 in Honduras, ranking 136/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Honduras ranks 146th at $7,486.

Economic indicators

Antigua Honduras
Gross domestic product
$2.21B
2024
$37.1B
2024
GDP rank
177/197
2024
104/197
2024
GDP growth
3.66%
2023-2024
3.55%
2023-2024
GDP per capita
$23,542
2024
$3,426
2024
GDP per capita rank
53/197
2024
136/197
2024
GDP per capita, PPP
$33,386
2024
$7,486
2024
GDP per capita PPP rank
66/197
2024
146/197
2024
Government debt
$1.49B
2024
$17.5B
2024
Debt-to-GDP ratio
67.6%
2024
47.1%
2024
Government debt per person
$15,910
2024
$1,613
2024
Government debt per person rank
39/185
2024
126/185
2024
Average annual personal income after taxes
$16,563
2026
$4,901
2026
Income share by richest 10% n/a
32.3%
2024
Income share by poorest 10% n/a
1.2%
2024
Government expenditure, % of GDP
19.8%
2024
25.7%
2024
Consumer prices inflation
6.2%
2023-2024
4.61%
2023-2024
Central bank interest rate n/a
5.75%
2024
Unemployment rate
5.37%
2023
4.91%
2024
Population
94757
11237619

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Honduras
Spending

Debt
1x
Year % of GDP
Antigua Honduras
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 25.7% 47.1%
2023 18.8% 76.3% 27.2% 47.9%
2022 20.7% 82% 24% 51%
2021 23.4% 93% 28.8% 50.3%
2020 26% 100.5% 28.4% 52.5%
2019 22.1% 81.6% 25.9% 44.1%
2018 21.5% 84.3% 26.2% 43.5%
2017 22.6% 88.2% 26.9% 43.6%
2016 23.8% 83.1% 27.4% 40.3%
2015 24.8% 92.1% 26% 42.3%
2014 20.9% 91.9% 26.4% 43%
2013 20.7% 85.4% 28% 42.1%
2012 18.5% 76.9% 26.4% 32.4%
2011 21.1% 81.1% 25.9% 31.5%
2010 20% 79.4% 26.5% 28.9%
2009 32.1% 89.2% 28.4% 23.8%
2008 23.2% 66.8% 26.4% 22.3%
2007 23.8% 68.7% 24.4% 24%
2006 26% 79.1% 24.4% 39.2%
2005 21.5% 82.8% 23.6% 55.6%
2004 21.9% 107.7% 25.5% 60.9%
2003 24.2% 113% 26.4% 67.8%
2002 26.3% 114.5% 26.8% 64.2%
2001 24.2% 107.6% 25.1% 63.4%
2000 21.1% 96.4% 22.1% 65.8%
1999 20.3% 95.9% 23.3% 75.8%
1998 20.7% 94.6% 19.4% 67.4%
1997 16.8% 80.6% 19.4% 70.8%
1996 19.6% 85.5% 18.7% 64.6%
1995 21% 92.1% 17.2% 65.4%
1994 21.2% 84.5% 19.2% 86.4%
1993 19.4% 85.3% 23.7% 108%
1992 18.7% 90.8% 20.5% 116.5%
1991 20.8% 94.6% 18.8% 122.2%
1990 18.1% 94.1% 16.4% 200.3%
1989 - - 10.2% 68.4%
1988 - - 16% 71.7%
1987 - - 17.2% 73.6%
1986 - - 19.8% 69.9%
1985 - - 22.5% 65.7%
1984 - - 22.4% 60.5%
1983 - - 20.8% 57.6%
1982 - - 18.7% 54.3%
1981 - - 15.3% 48.1%
1980 - - 16.2% 41%
1979 - - 14.4% 36.1%
1978 - - 13.1% 32.8%
1977 - - 14.6% 28.2%
1976 - - 11.5% 26.5%
1975 - - 11.9% 24%
1974 - - 11.7% 18.5%
1973 - - 11.1% 16.6%
1972 - - 12.6% 16.8%
1971 - - 15.2% 19.8%
1970 - - 15.2% 17.2%
1969 - - 13.6% 13%
1968 - - 11.6% 9.75%
1967 - - 11.4% 9.72%
1966 - - 11.4% 9.47%
1965 - - 10.6% 8.97%
1964 - - 11.4% 9.78%
1963 - - 10.1% 9.02%
1962 - - 10.5% 8.54%
1961 - - 11.2% 8.22%
1960 - - 12.2% 8.97%

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/honduras | CC BY

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Honduras spent $9.52B, or 25.7% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 47.1% in Honduras, ranking 63/185 and 115/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Honduras
1x
Year Deficit/surplus, % of GDP
Antigua Honduras
2024 1.61% -1.12%
2023 -1.7% -1.96%
2022 -2.84% 1.57%
2021 -4.52% -3.17%
2020 -6.23% -4.58%
2019 -3.64% 0.09%
2018 -2.43% 0.2%
2017 -2.72% -0.41%
2016 -0.14% -0.4%
2015 -2.42% -0.78%
2014 -2.6% -2.81%
2013 -3.83% -5.48%
2012 -0.97% -3.48%
2011 -3.09% -2.94%
2010 -0.24% -3.37%
2009 -15.8% -4.86%
2008 -4.72% -0.27%
2007 -4.98% -0.25%
2006 -6.62% -1.36%
2005 -4.29% -0.03%
2004 -3.9% -2.48%
2003 -7.32% -5.09%
2002 -8.83% -5.02%
2001 -8.58% -3.12%
2000 -4.5% 1.51%
1999 -3.08% 1.38%
1998 -1.62% 2.89%
1997 0% 0.08%
1996 -1.61% 0.13%
1995 -3.89% -0.24%
1994 -4.33% -0.98%
1993 -2.45% -5.03%
1992 -0.81% -1.41%
1991 -3.91% -1.95%
1990 0.12% -1.82%
1989 - 2.08%
1988 - -2.65%
1987 - -3.23%
1986 - -5.92%
1985 - -8.58%
1984 - -9.33%
1983 - -9.1%
1982 - -6.17%
1981 - -2.5%
1980 - -2.52%
1979 - -1.55%
1978 - -0.68%
1977 - -2.55%
1976 - -0.93%
1975 - -1.78%
1974 - -0.27%
1973 - -0.71%
1972 - -2.37%
1971 - -3.51%
1970 - -3.24%
1969 - -2.16%
1968 - -0.38%
1967 - -0.73%
1966 - -0.45%
1965 - 0.19%
1964 - -1.77%
1963 - -0.39%
1962 - -0.71%
1961 - -1.05%
1960 - -1.22%
1959 - -1.31%
1958 - -1.16%
1957 - -1.01%
1956 - -1.81%
1955 - -0.42%
1954 - -2.91%
1953 - -2.96%
1952 - -3.21%
1951 - -1.04%
1950 - -0.44%
1949 - -1.92%
1948 - 0.52%
1947 - -0.83%
1946 - 0.32%
1945 - 0%
1944 - -0.82%
1943 - -0.48%
1942 - 0%
1941 - -0.26%
1940 - -0.43%
1939 - -0.52%
1938 - -0.74%
1937 - -1.37%
1936 - -0.76%
1935 - 0%
1934 - 0.06%
1933 - 2.06%
1932 - -2.13%
1931 - -0.94%
1930 - -1.15%
1929 - -0.38%
1928 - 0.72%
1927 - 0.37%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/honduras | 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 Honduras' deficit of $415M, or 1.12% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Honduras ran a deficit in 27 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 1.62% of GDP for Honduras.

Inflation comparison by year

Inflation
Antigua and Barbuda

Honduras
1x
Year Consumer prices inflation
Antigua Honduras
2024 6.2% 4.61%
2023 5.1% 6.66%
2022 7.5% 9.09%
2021 1.6% 4.48%
2020 1.1% 3.47%
2019 1.4% 4.37%
2018 1.2% 4.35%
2017 2.4% 3.93%
2016 -0.5% 2.72%
2015 1% 3.16%
2014 1.1% 6.13%
2013 1.1% 5.16%
2012 3.4% 5.2%
2011 3.5% 6.76%
2010 3.4% 4.7%
2009 -0.6% 5.5%
2008 5.3% 11.4%
2007 1.4% 6.94%
2006 1.8% 5.58%
2005 2.1% 8.81%
2004 2% 8.11%
2003 2% 7.67%
2002 2.4% 7.69%
2001 1.9% 9.67%
2000 -0.2% 11%
1999 1.1% 11.7%
1998 3.3% 13.7%
1997 0.4% 20.2%

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/honduras | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 7.24% in Honduras. In 2024, inflation was 6.2% in Antigua and Barbuda and 4.61% in Honduras.

Top exports between countries

Antigua
Export category Export value
Honduras
Export category Export value
Chemicals & pharma $433K
Wood & paper products $244K
Processed food, beverages & tobacco $140K
Raw materials & minerals $134K

Balance of trade

Antigua Honduras
Current account balance
-$181M
2024
-$1.65B
2024
Current account balance ranking
98/190
2024
137/190
2024
Current account balance, % of GDP
-8.22%
2024
-4.45%
2024
Goods imports
$726M
2024
$14.6B
2024
Goods exports
$72.1M
2024
$5.67B
2024
Service imports
$557M
2024
$3.67B
2024
Service exports
$1.24B
2024
$3.75B
2024
Imports of goods and services, % of GDP
63%
2022
57.6%
2024
Exports of goods and services, % of GDP
54.7%
2022
33.5%
2024

Economic freedom indices

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

Antigua Honduras
Economic freedom 56 59.1
Economic freedom ranking 125/197 105/197
Property rights n/a 35.7
Government integrity n/a 24.6
Judicial effectiveness n/a 27.6
Tax burden n/a 83.1
Government spending n/a 80.3
Fiscal health n/a 95.2
Business freedom n/a 59.4
Labor freedom n/a 37.9
Monetary freedom n/a 70.1
Trade freedom n/a 69.8
Investment freedom n/a 65
Financial freedom n/a 60

Other economic metrics

Antigua Honduras
Services, % of GDP
69.1%
2023
58.4%
2024
Industry, % of GDP
19%
2023
26.1%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
11.2%
2024
GNI, Atlas method
$1.98B
2024
$32.7B
2024
GNI per capita, PPP
$31,730
2024
$6,900
2024
Total reserves including gold
$358M
2024
$8.04B
2024
Total reserves ranking
164/177
2024
84/177
2024
Net foreign direct investment
-$253M
2024
-$620M
2024
Net inflows of foreign direct investment
$246M
2024
$1.31B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$689M
2024
Servicing debt to the IMF, % of GNI n/a
5.23%
2024
Poverty at national poverty lines n/a
62.9%
2024
Gross capital formation, % of GDP n/a
22.5%
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/honduras | 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 (1927–1989, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  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.