Skip to content

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

Updated on by Georank

Antigua and Barbuda has a GDP of $2.34B compared to $27.8B for Malta, ranking 178/197 and 118/197 by economy size, respectively.

Antigua and Barbuda has $1.63B in government debt (69.7% of GDP), compared to $13B (46.8% of GDP) in Malta.

Antigua and Barbuda vs Malta GDP by year

Antigua and Barbuda
Malta
1x
Year GDP, current $
Antigua Malta
2025 $2,338,196,296 $27,771,821,561
2024 $2,162,366,667 $25,042,712,191
2023 $2,054,096,296 $22,625,329,776
2022 $1,857,114,815 $18,938,869,147
2021 $1,602,125,926 $19,730,119,031
2020 $1,411,637,037 $16,404,655,808
2019 $1,726,448,148 $16,337,788,881
2018 $1,661,529,630 $16,153,785,817
2017 $1,534,855,556 $14,161,374,599
2016 $1,489,603,704 $12,025,777,078
2015 $1,437,485,185 $11,340,789,706
2014 $1,378,707,407 $11,888,029,752
2013 $1,325,496,296 $10,796,780,874
2012 $1,364,729,630 $9,609,530,619
2011 $1,287,359,259 $9,789,363,086
2010 $1,298,348,148 $9,097,044,301
2009 $1,386,518,519 $8,769,897,418
2008 $1,557,640,741 $9,172,399,573
2007 $1,487,381,481 $7,908,412,374
2006 $1,303,674,074 $6,749,838,862
2005 $1,143,896,296 $6,393,234,965
2004 $1,026,329,630 $6,104,141,501
2003 $948,100,000 $5,418,315,225
2002 $898,092,593 $4,455,127,398
2001 $877,774,074 $4,070,867,153
2000 $901,003,704 $4,036,809,767
1999 $835,544,444 $4,111,857,836
1998 $789,788,889 $4,010,111,652
1997 $734,422,222 $3,787,023,655
1996 $679,140,741 $3,822,547,151
1995 $616,051,852 $3,709,396,089
1994 $625,081,481 $2,998,505,428
1993 $565,662,963 $2,709,193,538
1992 $525,133,333 $3,021,942,759
1991 $504,337,037 $2,750,216,747
1990 $478,718,519 $2,547,328,748
1989 $455,174,074 $2,118,655,677
1988 $411,396,296 $2,019,503,068
1987 $346,866,667 $1,751,293,461
1986 $297,562,963 $1,435,038,441
1985 $246,370,370 $1,117,797,439
1984 $212,214,815 $1,101,807,023
1983 $184,866,667 $1,165,729,707
1982 $166,444,444 $1,234,474,404
1981 $149,388,889 $1,243,509,394
1980 $132,451,852 $1,250,198,601
1979 $109,596,296 $1,001,288,847
1978 $88,040,741 $793,673,402
1977 $77,507,407 $625,563,171
1976 - $527,936,989
1975 - $474,618,321
1974 - $376,081,124
1973 - $345,616,106
1972 - $295,106,628
1971 - $264,578,485
1970 - $250,728,796

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

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

GDP per capita in Antigua and Barbuda vs Malta by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Malta
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Malta
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $24,819 - $47,907 -
2024 $23,060 $33,386 $44,024 $69,864
2023 $22,012 $31,602 $40,933 $67,057
2022 $20,003 $29,934 $35,659 $60,589
2021 $17,349 $25,745 $38,078 $56,852
2020 $15,370 $22,370 $31,823 $49,972
2019 $18,896 $26,551 $32,422 $51,393
2018 $18,273 $24,524 $33,382 $48,178
2017 $16,966 $21,422 $30,317 $45,764
2016 $16,557 $21,320 $26,459 $41,000
2015 $16,078 $20,985 $25,530 $38,369
2014 $15,532 $21,671 $27,425 $35,206
2013 $15,052 $21,761 $25,416 $33,138
2012 $15,640 $23,012 $22,878 $30,716
2011 $14,912 $23,804 $23,517 $29,426
2010 $15,217 $24,071 $21,947 $28,909
2009 $16,472 $26,157 $21,262 $26,782
2008 $18,787 $29,978 $22,406 $26,654
2007 $18,205 $29,851 $19,444 $25,012
2006 $16,174 $26,949 $16,654 $23,219
2005 $14,369 $23,485 $15,831 $22,227
2004 $13,038 $21,629 $15,212 $21,566
2003 $12,173 $20,127 $13,594 $20,813
2002 $11,659 $18,813 $11,251 $19,532
2001 $11,539 $18,569 $10,358 $18,435
2000 $12,027 $19,319 $10,348 $18,214
1999 $11,342 $18,088 $10,609 $16,898
1998 $10,907 $17,496 $10,408 $16,219
1997 $10,336 $16,836 $9,893 $15,465
1996 $9,756 $16,017 $10,062 $14,661
1995 $9,034 $15,062 $9,828 $13,950
1994 $9,351 $15,736 $8,000 $12,938
1993 $8,625 $14,720 $7,296 $12,103
1992 $8,154 $13,908 $8,220 $11,429
1991 $7,956 $13,658 $7,559 $10,784
1990 $7,591 $12,996 $7,192 $10,086
1989 $7,188 - $6,041 -
1988 $6,466 - $5,814 -
1987 $5,424 - $5,084 -
1986 $4,629 - $4,195 -
1985 $3,814 - $3,322 -
1984 $3,271 - $3,333 -
1983 $2,847 - $3,527 -
1982 $2,569 - $3,788 -
1981 $2,310 - $3,898 -
1980 $2,053 - $3,948 -
1979 $1,705 - $3,196 -
1978 $1,375 - $2,559 -
1977 $1,214 - $2,038 -
1976 - - $1,727 -
1975 - - $1,560 -
1974 - - $1,245 -
1973 - - $1,144 -
1972 - - $976 -
1971 - - $874 -
1970 - - $828 -

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

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

Antigua and Barbuda's GDP per capita is $24,819, ranking 55/197, compared to $47,907 in Malta, ranking 28/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Malta ranks 25th at $69,864.

Economic indicators

Antigua Malta
Gross domestic product
$2.34B
2025
$27.8B
2025
GDP rank
178/197
2025
118/197
2025
GDP growth
5%
2024-2025
3.96%
2024-2025
GDP per capita
$24,819
2025
$47,907
2025
GDP per capita rank
55/197
2025
28/197
2025
GDP per capita, PPP
$33,386
2024
$69,864
2024
GDP per capita PPP rank
66/197
2024
25/197
2024
Government debt
$1.63B
2025
$13B
2025
Debt-to-GDP ratio
69.7%
2025
46.8%
2025
Government debt per person
$17,310
2025
$22,407
2025
Government debt per person rank
38/185
2025
30/185
2025
Average annual personal income after taxes
$16,750
2026
$22,914
2026
Market capitalization of domestic companies n/a
$5.35B
2025
Income share by richest 10% n/a
24.7%
2023
Income share by poorest 10% n/a
2.8%
2023
Government expenditure, % of GDP
19.3%
2025
37%
2025
Consumer prices inflation
1.4%
2024-2025
2.36%
2024-2025
Unemployment rate
5.37%
2023
3.1%
2025
Population
94846
586345

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Malta
Spending

Debt
1x
Year % of GDP
Antigua Malta
Government spending Government debt Government spending Government debt
2025 19.3% 69.7% 37% 46.8%
2024 20.2% 71.8% 37.4% 46%
2023 18.4% 74.5% 35.8% 46.8%
2022 20.8% 82.4% 38.4% 50.1%
2021 23.4% 93% 39.5% 49.6%
2020 26% 100.5% 42.1% 48.6%
2019 22.1% 81.6% 34.9% 39.2%
2018 21.5% 84.3% 34.5% 41.4%
2017 22.6% 88.2% 32.7% 45.6%
2016 23.8% 83.1% 35.5% 53.1%
2015 24.8% 92.1% 37.8% 55%
2014 20.9% 91.9% 39.6% 60.7%
2013 20.7% 85.4% 40.1% 64.9%
2012 18.5% 76.9% 41.7% 65.6%
2011 21.1% 81.1% 41.5% 68.9%
2010 20% 79.4% 40.1% 65%
2009 32.1% 89.2% 41.1% 66%
2008 23.2% 66.8% 42.1% 61.5%
2007 23.8% 68.7% 41.2% 62%
2006 26% 79.1% 42.5% 64.5%
2005 21.5% 82.8% 42.5% 70.2%
2004 21.9% 107.7% 42% 70.4%
2003 24.2% 113% 45.6% 68.6%
2002 26.3% 114.5% 43.6% 65.1%
2001 24.2% 107.6% 44.4% 70%
2000 21.1% 96.4% 42.9% 64.4%
1999 20.3% 95.9% - 69.8%
1998 20.7% 94.6% - 66.4%
1997 16.8% 80.6% - 60.8%
1996 19.6% 85.5% - 51.5%
1995 21% 92.1% - 45.3%
1994 21.2% 84.5% - -
1993 19.4% 85.3% - -
1992 18.7% 90.8% - -
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/malta | CC BY

In 2025, Antigua and Barbuda's government spending was $450M, accounting for 19.3% of its GDP, while Malta spent $10.3B, or 37% of GDP.

Debt-to-GDP ratio is 69.7% in Antigua and Barbuda and 46.8% in Malta, ranking 58/185 and 113/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Malta
1x
Year Deficit/surplus, % of GDP
Antigua Malta
2025 3.14% -3.1%
2024 1.65% -3.51%
2023 -1.66% -4.43%
2022 -2.86% -5.33%
2021 -4.52% -6.96%
2020 -6.23% -8.71%
2019 -3.64% 0.72%
2018 -2.43% 1.86%
2017 -2.72% 3.4%
2016 -0.14% 1.1%
2015 -2.42% -0.84%
2014 -2.6% -1.49%
2013 -3.83% -2.19%
2012 -0.97% -3.31%
2011 -3.09% -2.99%
2010 -0.24% -2.22%
2009 -15.8% -3.11%
2008 -4.72% -4.06%
2007 -4.98% -2.05%
2006 -6.62% -2.46%
2005 -4.29% -2.83%
2004 -3.9% -4.28%
2003 -7.32% -9.04%
2002 -8.83% -5.62%
2001 -8.58% -6.5%
2000 -4.5% -5.83%
1999 -3.08% -
1998 -1.62% -
1997 0% -
1996 -1.61% -
1995 -3.89% -
1994 -4.33% -
1993 -2.45% -
1992 -0.81% -
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/malta | 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 Malta's deficit of $861M, or 3.1% of GDP.

Over the past 26 years, Antigua and Barbuda recorded a fiscal deficit in 24 of those years, while Malta ran a deficit in 22 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.93% of GDP, compared to deficit of 3.22% of GDP for Malta.

Inflation comparison by year

Inflation
Antigua and Barbuda

Malta
1x
Year Consumer prices inflation
Antigua Malta
2025 1.4% 2.36%
2024 6.2% 1.65%
2023 5.1% 5.09%
2022 7.5% 6.15%
2021 1.6% 1.5%
2020 1.1% 0.64%
2019 1.4% 1.64%
2018 1.2% 1.16%
2017 2.4% 1.36%
2016 -0.5% 0.64%
2015 1% 1.1%
2014 1.1% 0.31%
2013 1.1% 1.18%
2012 3.4% 2.38%
2011 3.5% 2.96%
2010 3.4% 1.52%
2009 -0.6% 2.08%
2008 5.3% 4.26%
2007 1.4% 1.25%
2006 1.8% 2.77%
2005 2.1% 3.01%
2004 2% 2.79%
2003 2% 1.3%
2002 2.4% 2.19%
2001 1.9% 2.93%
2000 -0.2% 2.37%
1999 1.1% 2.13%
1998 3.3% 2.39%
1997 0.4% 3.11%

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

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

Over the past 29 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.2%, compared with 2.22% in Malta. In 2025, inflation was 1.4% in Antigua and Barbuda and 2.36% in Malta.

Top exports between countries

Antigua
Export category Export value
Raw materials & minerals $64K
Machinery & equipment $32K
Metals $9K
Textiles & consumer goods $8K
Malta
Export category Export value
Chemicals & pharma $305K
Machinery & equipment $20K
Raw materials & minerals $6K
Textiles & consumer goods $3K
Processed food, beverages & tobacco $2K

Balance of trade

Antigua Malta
Current account balance
-$281M
2025
$1.78B
2024
Current account balance ranking
95/190
2025
45/190
2024
Current account balance, % of GDP
-12%
2025
+7.1%
2024
Goods imports
$793M
2025
$7.56B
2024
Goods exports
$96M
2025
$4.58B
2024
Service imports
$614M
2025
$17.4B
2024
Service exports
$1.21B
2025
$25B
2024
Imports of goods and services, % of GDP
63.3%
2022
99.9%
2025
Exports of goods and services, % of GDP
55%
2022
119.1%
2025

Economic freedom indices

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

Antigua Malta
Economic freedom 56 68.2
Economic freedom ranking 125/197 49/197
Property rights n/a 85.5
Government integrity n/a 54.3
Judicial effectiveness n/a 80.2
Tax burden n/a 68.5
Government spending n/a 58.4
Fiscal health n/a 63.2
Business freedom n/a 83.2
Labor freedom n/a 62.6
Monetary freedom n/a 73.1
Trade freedom n/a 79.4
Investment freedom n/a 60
Financial freedom n/a 50

Other economic metrics

Antigua Malta
Services, % of GDP
68.7%
2025
81.3%
2025
Industry, % of GDP
18.2%
2025
10.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.49%
2025
0.47%
2025
GNI, Atlas method
$2.24B
2025
$24B
2025
GNI per capita, PPP
$34,670
2025
$64,900
2025
Total reserves including gold
$379M
2025
$1.54B
2025
Total reserves ranking
165/177
2025
134/177
2025
Net foreign direct investment
-$291M
2025
-$6.13B
2024
Net inflows of foreign direct investment
$246M
2024
$42.6B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$36.5B
2024
Poverty at national poverty lines n/a
16.7%
2021
Gross capital formation, % of GDP n/a
18.7%
2025

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/malta | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. TradeMap (2020–2025, 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.

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.