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

Updated on by Georank

Antigua and Barbuda has a GDP of $2.34B compared to $349M for Kiribati, ranking 178/197 and 192/197 by economy size, respectively.

Antigua and Barbuda has $1.63B in government debt (69.7% of GDP), compared to $27.8M (7.95% of GDP) in Kiribati.

Antigua and Barbuda vs Kiribati GDP by year

Antigua and Barbuda
Kiribati
1x
Year GDP, current $
Antigua Kiribati
2025 $2,338,196,296 $349,227,254
2024 $2,162,366,667 $343,153,235
2023 $2,054,096,296 $291,657,338
2022 $1,857,114,815 $271,214,375
2021 $1,602,125,926 $285,451,584
2020 $1,411,637,037 $220,909,307
2019 $1,726,448,148 $216,891,541
2018 $1,661,529,630 $233,859,230
2017 $1,534,855,556 $223,029,865
2016 $1,489,603,704 $206,467,819
2015 $1,437,485,185 $191,559,399
2014 $1,378,707,407 $200,287,282
2013 $1,325,496,296 $201,730,861
2012 $1,364,729,630 $207,001,546
2011 $1,287,359,259 $195,970,140
2010 $1,298,348,148 $165,458,433
2009 $1,386,518,519 $140,177,384
2008 $1,557,640,741 $147,017,895
2007 $1,487,381,481 $138,054,946
2006 $1,303,674,074 $112,338,353
2005 $1,143,896,296 $113,895,437
2004 $1,026,329,630 $104,085,892
2003 $948,100,000 $96,105,619
2002 $898,092,593 $74,743,869
2001 $877,774,074 $64,935,850
2000 $901,003,704 $74,910,527
1999 $835,544,444 $77,323,978
1998 $789,788,889 $74,905,706
1997 $734,422,222 $80,205,807
1996 $679,140,741 $81,456,854
1995 $616,051,852 $68,596,395
1994 $625,081,481 $67,055,334
1993 $565,662,963 $58,953,596
1992 $525,133,333 $61,491,369
1991 $504,337,037 $41,247,792
1990 $478,718,519 $36,534,295
1989 $455,174,074 $37,645,319
1988 $411,396,296 $38,278,810
1987 $346,866,667 $29,554,413
1986 $297,562,963 $25,993,009
1985 $246,370,370 $26,126,615
1984 $212,214,815 $34,394,167
1983 $184,866,667 $31,000,546
1982 $166,444,444 $32,742,713
1981 $149,388,889 $35,267,489
1980 $132,451,852 $33,157,723
1979 $109,596,296 $34,466,197
1978 $88,040,741 $36,563,965
1977 $77,507,407 $31,335,459
1976 - $33,246,817
1975 - $44,547,454
1974 - $69,256,489
1973 - $25,645,040
1972 - $15,314,346
1971 - $12,356,134
1970 - $11,560,877

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Antigua and Barbuda vs Kiribati by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Kiribati
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Kiribati
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $24,819 - $2,559 -
2024 $23,060 $33,386 $2,551 $3,702
2023 $22,012 $31,602 $2,201 $3,486
2022 $20,003 $29,934 $2,079 $3,329
2021 $17,349 $25,745 $2,224 $3,020
2020 $15,370 $22,370 $1,752 $2,711
2019 $18,896 $26,551 $1,750 $2,763
2018 $18,273 $24,524 $1,916 $2,672
2017 $16,966 $21,422 $1,854 $2,562
2016 $16,557 $21,320 $1,743 $2,463
2015 $16,078 $20,985 $1,640 $2,311
2014 $15,532 $21,671 $1,737 $2,084
2013 $15,052 $21,761 $1,772 $2,049
2012 $15,640 $23,012 $1,844 $1,896
2011 $14,912 $23,804 $1,771 $1,786
2010 $15,217 $24,071 $1,522 $1,724
2009 $16,472 $26,157 $1,317 $1,718
2008 $18,787 $29,978 $1,411 $1,735
2007 $18,205 $29,851 $1,353 $1,792
2006 $16,174 $26,949 $1,123 $1,728
2005 $14,369 $23,485 $1,162 $1,617
2004 $13,038 $21,629 $1,083 $1,579
2003 $12,173 $20,127 $1,021 $1,578
2002 $11,659 $18,813 $810 $1,605
2001 $11,539 $18,569 $719 $1,591
2000 $12,027 $19,319 $845 $1,638
1999 $11,342 $18,088 $887 $1,526
1998 $10,907 $17,496 $874 $1,593
1997 $10,336 $16,836 $953 $1,535
1996 $9,756 $16,017 $986 $1,519
1995 $9,034 $15,062 $844 $1,518
1994 $9,351 $15,736 $838 $1,469
1993 $8,625 $14,720 $748 $1,431
1992 $8,154 $13,908 $792 $1,421
1991 $7,956 $13,658 $540 $1,139
1990 $7,591 $12,996 $488 $1,192
1989 $7,188 - $515 -
1988 $6,466 - $536 -
1987 $5,424 - $424 -
1986 $4,629 - $382 -
1985 $3,814 - $393 -
1984 $3,271 - $527 -
1983 $2,847 - $483 -
1982 $2,569 - $519 -
1981 $2,310 - $568 -
1980 $2,053 - $542 -
1979 $1,705 - $573 -
1978 $1,375 - $611 -
1977 $1,214 - $520 -
1976 - - $548 -
1975 - - $730 -
1974 - - $1,131 -
1973 - - $422 -
1972 - - $256.2 -
1971 - - $210.7 -
1970 - - $201 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Antigua and Barbuda's GDP per capita is $24,819, ranking 55/197, compared to $2,559 in Kiribati, ranking 152/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Kiribati ranks 169th at $3,702.

Economic indicators

Antigua Kiribati
Gross domestic product
$2.34B
2025
$349M
2025
GDP rank
178/197
2025
192/197
2025
GDP growth
5%
2024-2025
4.22%
2024-2025
GDP per capita
$24,819
2025
$2,559
2025
GDP per capita rank
55/197
2025
152/197
2025
GDP per capita, PPP
$33,386
2024
$3,702
2024
GDP per capita PPP rank
66/197
2024
169/197
2024
Government debt
$1.63B
2025
$27.8M
2025
Debt-to-GDP ratio
69.7%
2025
7.95%
2025
Government debt per person
$17,310
2025
$203.4
2025
Government debt per person rank
38/185
2025
181/185
2025
Average annual personal income after taxes
$16,750
2026
$2,170
2026
Income share by richest 10% n/a
20.9%
2023
Income share by poorest 10% n/a
4.4%
2023
Government expenditure, % of GDP
19.3%
2025
88.2%
2025
Consumer prices inflation
1.4%
2024-2025
6.5%
2024-2025
Unemployment rate
5.37%
2023
2.79%
2023
Population
94846
139471

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Kiribati
Spending

Debt
1x
Year % of GDP
Antigua Kiribati
Government spending Government debt Government spending Government debt
2025 19.3% 69.7% 88.2% 7.95%
2024 20.2% 71.8% 86.1% 8.9%
2023 18.4% 74.5% 94.4% 11.3%
2022 20.8% 82.4% 87.2% 16.2%
2021 23.4% 93% 84% 17.3%
2020 26% 100.5% 102.2% 21%
2019 22.1% 81.6% 108.3% 18.5%
2018 21.5% 84.3% 108.8% 19%
2017 22.6% 88.2% 92.1% 20.2%
2016 23.8% 83.1% 99% 21.2%
2015 24.8% 92.1% 90.9% 18.8%
2014 20.9% 91.9% 101.2% 8.97%
2013 20.7% 85.4% 78% 8.86%
2012 18.5% 76.9% 83.9% 8.13%
2011 21.1% 81.1% 80.9% 8.8%
2010 20% 79.4% 75.7% 9.43%
2009 32.1% 89.2% 74.7% 10.3%
2008 23.2% 66.8% 79.4% 13.9%
2007 23.8% 68.7% 77.3% 11.1%
2006 26% 79.1% 82.1% 12.9%
2005 21.5% 82.8% 95.6% 12.1%
2004 21.9% 107.7% 103.8% 13.6%
2003 24.2% 113% 84.4% 12.3%
2002 26.3% 114.5% 96.9% 13.3%
2001 24.2% 107.6% 101.3% 17%
2000 21.1% 96.4% 66% 12.7%
1999 20.3% 95.9% 77.6% 11.8%
1998 20.7% 94.6% 74.7% 9.81%
1997 16.8% 80.6% 70.9% 10.7%
1996 19.6% 85.5% 68.4% 11%
1995 21% 92.1% 69.6% 12.3%
1994 21.2% 84.5% 54.6% 12.3%
1993 19.4% 85.3% 55.3% 10.9%
1992 18.7% 90.8% 65.9% 7.31%
1991 20.8% 94.6% 82.1% 8.43%
1990 18.1% 94.1% 105.5% 7.72%

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

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

In 2025, Antigua and Barbuda's government spending was $450M, accounting for 19.3% of its GDP, while Kiribati spent $308M, or 88.2% of GDP.

Debt-to-GDP ratio is 69.7% in Antigua and Barbuda and 7.95% in Kiribati, ranking 58/185 and 182/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Kiribati
1x
Year Deficit/surplus, % of GDP
Antigua Kiribati
2025 3.14% -14.5%
2024 1.65% -14.1%
2023 -1.66% 1.81%
2022 -2.86% -18.2%
2021 -4.52% -10.8%
2020 -6.23% 3.57%
2019 -3.64% 10.8%
2018 -2.43% 5.18%
2017 -2.72% 34.1%
2016 -0.14% 20.1%
2015 -2.42% 42.5%
2014 -2.6% 35%
2013 -3.83% 11.8%
2012 -0.97% -5.43%
2011 -3.09% -17.6%
2010 -0.24% -7.8%
2009 -15.8% -8.56%
2008 -4.72% -15.8%
2007 -4.98% -12.5%
2006 -6.62% -12.3%
2005 -4.29% -9.96%
2004 -3.9% -19.2%
2003 -7.32% -8.93%
2002 -8.83% 3.13%
2001 -8.58% -10.9%
2000 -4.5% -0.03%
1999 -3.08% -1.81%
1998 -1.62% 14.6%
1997 0% 5.92%
1996 -1.61% -20.2%
1995 -3.89% -5.14%
1994 -4.33% 0.74%
1993 -2.45% 6.27%
1992 -0.81% 0.79%
1991 -3.91% 3.87%
1990 0.12% -4.62%

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

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

In 2025, Antigua and Barbuda's government surplus, the difference between spending and revenue, was $73.4M, equivalent to 3.14% of GDP. This compares to Kiribati's deficit of $50.6M, or 14.5% of GDP.

Over the past 36 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Kiribati ran a deficit in 20 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.44% of GDP, compared to deficit of 0.51% of GDP for Kiribati.

Inflation comparison by year

Inflation
Antigua and Barbuda

Kiribati
1x
Year Consumer prices inflation
Antigua Kiribati
2025 1.4% 6.5%
2024 6.2% 2.5%
2023 5.1% 9.3%
2022 7.5% 5.3%
2021 1.6% 2.1%
2020 1.1% 2.6%
2019 1.4% -1.8%
2018 1.2% 0.6%
2017 2.4% 0.4%
2016 -0.5% 1.9%
2015 1% 0.6%
2014 1.1% 2.1%
2013 1.1% -1.5%
2012 3.4% -3%
2011 3.5% 1.5%
2010 3.4% -3.9%
2009 -0.6% 9.8%
2008 5.3% 13.7%
2007 1.4% 3.6%
2006 1.8% -1%
2005 2.1% -0.4%
2004 2% -0.7%
2003 2% 1.6%
2002 2.4% 3.2%
2001 1.9% 6%
2000 -0.2% 0.4%
1999 1.1% 1.8%
1998 3.3% 3.7%
1997 0.4% 2.6%

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

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

Over the past 29 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.2%, compared with 2.4% in Kiribati. In 2025, inflation was 1.4% in Antigua and Barbuda and 6.5% in Kiribati.

Balance of trade

Antigua Kiribati
Current account balance
-$281M
2025
-$61.3M
2025
Current account balance ranking
95/190
2025
77/190
2025
Current account balance, % of GDP
-12%
2025
-17.6%
2025
Goods imports
$793M
2025
$270M
2025
Goods exports
$96M
2025
$17.3M
2025
Service imports
$614M
2025
$110M
2025
Service exports
$1.21B
2025
$8.63M
2025
Imports of goods and services, % of GDP
63.3%
2022
97.6%
2024
Exports of goods and services, % of GDP
55%
2022
4.52%
2024

Economic freedom indices

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

Antigua Kiribati
Economic freedom 56 50.8
Economic freedom ranking 125/197 158/197
Property rights n/a 69.6
Government integrity n/a 50.5
Judicial effectiveness n/a 54.6
Tax burden n/a 72.6
Government spending n/a 0
Fiscal health n/a 19.8
Business freedom n/a 60.2
Labor freedom n/a 65.3
Monetary freedom n/a 76.7
Trade freedom n/a 80
Investment freedom n/a 30
Financial freedom n/a 30

Other economic metrics

Antigua Kiribati
Services, % of GDP
68.7%
2025
70.3%
2024
Industry, % of GDP
18.2%
2025
11.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.49%
2025
23.2%
2024
GNI, Atlas method
$2.24B
2025
$537M
2025
GNI per capita, PPP
$34,670
2025
$6,080
2025
Total reserves including gold
$379M
2025
n/a
Total reserves ranking
165/177
2025
n/a
Net foreign direct investment
-$291M
2025
-$4.14M
2025
Net inflows of foreign direct investment
$246M
2024
$8.07M
2024
Net outflows of foreign direct investment
-$68.4K
2024
$16.4K
2024
Poverty at national poverty lines n/a
5.5%
2023
Gross capital formation, % of GDP n/a
29.9%
2024

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/kiribati | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. 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.

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.