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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $1.86T for Mexico, ranking 177/197 and 13/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $1.08T (58.3% of GDP) in Mexico.

Antigua and Barbuda vs Mexico GDP by year

Antigua and Barbuda
Mexico
1x
Year GDP, current $
Antigua Mexico
2024 $2,207,622,874 $1,856,365,616,166
2023 $2,005,785,185 $1,798,317,581,487
2022 $1,866,566,667 $1,466,934,724,293
2021 $1,602,125,926 $1,316,569,466,686
2020 $1,411,637,037 $1,121,064,767,308
2019 $1,726,448,148 $1,304,106,203,902
2018 $1,661,529,630 $1,256,300,182,880
2017 $1,534,855,556 $1,190,721,475,906
2016 $1,489,603,704 $1,112,233,497,453
2015 $1,437,485,185 $1,213,294,467,717
2014 $1,378,707,407 $1,364,507,717,614
2013 $1,325,496,296 $1,327,436,290,283
2012 $1,364,729,630 $1,255,110,424,818
2011 $1,287,359,259 $1,229,013,703,417
2010 $1,298,348,148 $1,105,424,238,731
2009 $1,386,518,519 $943,437,415,025
2008 $1,557,640,741 $1,161,553,459,715
2007 $1,487,381,481 $1,102,355,554,972
2006 $1,303,674,074 $1,020,265,057,882
2005 $1,143,896,296 $917,571,853,529
2004 $1,026,329,630 $819,459,227,375
2003 $948,100,000 $765,549,967,703
2002 $898,092,593 $810,666,116,402
2001 $877,774,074 $796,064,590,549
2000 $901,003,704 $742,061,329,749
1999 $835,544,444 $631,249,359,702
1998 $789,788,889 $557,461,102,631
1997 $734,422,222 $523,449,530,464
1996 $679,140,741 $432,157,945,024
1995 $616,051,852 $380,157,469,867
1994 $625,081,481 $553,618,247,901
1993 $565,662,963 $530,160,763,663
1992 $525,133,333 $363,157,832,924
1991 $504,337,037 $313,139,656,146
1990 $478,718,519 $261,253,675,693
1989 $455,174,074 $221,403,098,267
1988 $411,396,296 $181,611,150,497
1987 $346,866,667 $147,542,558,209
1986 $297,562,963 $134,556,034,673
1985 $246,370,370 $195,241,069,482
1984 $212,214,815 $184,230,754,105
1983 $184,866,667 $156,167,000,433
1982 $166,444,444 $184,602,611,610
1981 $149,388,889 $263,797,827,860
1980 $132,451,852 $205,577,055,466
1979 $109,596,296 $134,531,900,899
1978 $88,040,741 $102,648,570,299
1977 $77,507,407 $81,912,018,784
1976 - $88,875,923,765
1975 - $88,000,000,000
1974 - $72,000,000,000
1973 - $55,280,000,000
1972 - $45,200,000,000
1971 - $39,200,000,000
1970 - $35,520,000,000
1969 - $32,480,000,000
1968 - $29,360,000,000
1967 - $26,560,000,000
1966 - $24,320,000,000
1965 - $21,840,000,000
1964 - $20,080,000,000
1963 - $16,960,000,000
1962 - $15,200,000,000
1961 - $14,160,000,000
1960 - $13,040,000,000

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

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

GDP per capita in Antigua and Barbuda vs Mexico by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Mexico
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Mexico
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $14,186 $26,185
2023 $21,495 $31,602 $13,861 $25,243
2022 $20,105 $29,934 $11,406 $23,135
2021 $17,349 $25,745 $10,314 $20,783
2020 $15,370 $22,370 $8,841 $19,354
2019 $18,896 $26,551 $10,370 $20,964
2018 $18,273 $24,524 $10,085 $20,921
2017 $16,966 $21,422 $9,649 $20,489
2016 $16,557 $21,320 $9,098 $20,105
2015 $16,078 $20,985 $10,021 $19,071
2014 $15,532 $21,671 $11,391 $18,821
2013 $15,052 $21,761 $11,217 $18,170
2012 $15,640 $23,012 $10,744 $18,005
2011 $14,912 $23,804 $10,664 $17,267
2010 $15,217 $24,071 $9,729 $15,909
2009 $16,472 $26,157 $8,424 $15,191
2008 $18,787 $29,978 $10,524 $15,681
2007 $18,205 $29,851 $10,134 $15,032
2006 $16,174 $26,949 $9,513 $14,540
2005 $14,369 $23,485 $8,672 $13,260
2004 $13,038 $21,629 $7,850 $12,658
2003 $12,173 $20,127 $7,434 $12,066
2002 $11,659 $18,813 $7,983 $11,762
2001 $11,539 $18,569 $7,953 $11,739
2000 $12,027 $19,319 $7,524 $11,705
1999 $11,342 $18,088 $6,500 $11,031
1998 $10,907 $17,496 $5,833 $10,756
1997 $10,336 $16,836 $5,567 $10,182
1996 $9,756 $16,017 $4,674 $9,496
1995 $9,034 $15,062 $4,184 $8,933
1994 $9,351 $15,736 $6,202 $9,466
1993 $8,625 $14,720 $6,048 $9,041
1992 $8,154 $13,908 $4,221 $9,470
1991 $7,956 $13,658 $3,709 $9,079
1990 $7,591 $12,996 $3,154 $8,578
1989 $7,188 - $2,725 -
1988 $6,466 - $2,279 -
1987 $5,424 - $1,888 -
1986 $4,629 - $1,757 -
1985 $3,814 - $2,602 -
1984 $3,271 - $2,506 -
1983 $2,847 - $2,170 -
1982 $2,569 - $2,621 -
1981 $2,310 - $3,829 -
1980 $2,053 - $3,055 -
1979 $1,705 - $2,049 -
1978 $1,375 - $1,604 -
1977 $1,214 - $1,315 -
1976 - - $1,465 -
1975 - - $1,492 -
1974 - - $1,256 -
1973 - - $993 -
1972 - - $837 -
1971 - - $748 -
1970 - - $699 -
1969 - - $660 -
1968 - - $616 -
1967 - - $576 -
1966 - - $545 -
1965 - - $506 -
1964 - - $481 -
1963 - - $420 -
1962 - - $388 -
1961 - - $374 -
1960 - - $355 -

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

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $14,186 in Mexico, ranking 69/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Mexico ranks 80th at $26,185.

Economic indicators

Antigua Mexico
Gross domestic product
$2.21B
2024
$1.86T
2024
GDP rank
177/197
2024
13/197
2024
GDP growth
3.66%
2023-2024
1.43%
2023-2024
GDP per capita
$23,542
2024
$14,186
2024
GDP per capita rank
53/197
2024
69/197
2024
GDP per capita, PPP
$33,386
2024
$26,185
2024
GDP per capita PPP rank
66/197
2024
80/197
2024
Government debt
$1.49B
2024
$1.08T
2024
Debt-to-GDP ratio
67.6%
2024
58.3%
2024
Government debt per person
$15,910
2024
$8,272
2024
Government debt per person rank
39/185
2024
63/185
2024
Average annual personal income after taxes
$16,563
2026
$10,231
2026
Market capitalization of domestic companies n/a
$418B
2024
Number of millionaires n/a
399,000
2025
Number of billionaires n/a
22
2025
Income share by richest 10% n/a
34.4%
2022
Income share by poorest 10% n/a
2.1%
2022
Government expenditure, % of GDP
19.8%
2024
30.3%
2024
Consumer prices inflation
6.2%
2023-2024
4.72%
2023-2024
Central bank interest rate n/a
7%
2025
Unemployment rate
5.37%
2023
2.62%
2024
Population
94757
133323134

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Mexico
Spending

Debt
1x
Year % of GDP
Antigua Mexico
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 30.3% 58.3%
2023 18.8% 76.3% 28.5% 52.6%
2022 20.7% 82% 28.5% 53.8%
2021 23.4% 93% 26.7% 56.7%
2020 26% 100.5% 27.8% 58.5%
2019 22.1% 81.6% 25.3% 51.9%
2018 21.5% 84.3% 25% 52.2%
2017 22.6% 88.2% 25% 52.5%
2016 23.8% 83.1% 26.5% 55%
2015 24.8% 92.1% 26.6% 51%
2014 20.9% 91.9% 26.9% 47.1%
2013 20.7% 85.4% 26.7% 44.1%
2012 18.5% 76.9% 27% 40.8%
2011 21.1% 81.1% 26.6% 41.2%
2010 20% 79.4% 26.5% 40.2%
2009 32.1% 89.2% 26.5% 41.7%
2008 23.2% 66.8% 26.5% 40.6%
2007 23.8% 68.7% 22.5% 35.5%
2006 26% 79.1% 21.6% 35.8%
2005 21.5% 82.8% 21.2% 36.8%
2004 21.9% 107.7% 20.5% 38.9%
2003 24.2% 113% 21.5% 42.1%
2002 26.3% 114.5% 19.8% 39.9%
2001 24.2% 107.6% 19.5% 37.3%
2000 21.1% 96.4% 19.4% 38.5%
1999 20.3% 95.9% 20.1% 41.7%
1998 20.7% 94.6% 19.5% 39.7%
1997 16.8% 80.6% 20.7% 39.1%
1996 19.6% 85.5% 20.8% 42.5%
1995 21% 92.1% 18.9% 30.7%
1994 21.2% 84.5% 18.9% 26.8%
1993 19.4% 85.3% 18.2% 19.2%
1992 18.7% 90.8% 19% 21.5%
1991 20.8% 94.6% 20.1% 29.2%
1990 18.1% 94.1% 22.9% 35.7%
1989 - - 19.2% 36%
1988 - - 23.6% 36.5%
1987 - - 26.7% 52.7%
1986 - - 25.1% 47.8%
1985 - - 21.4% 30.4%
1984 - - 19.8% 25.2%
1983 - - 21.6% 25.3%
1982 - - 24.7% 29.8%
1981 - - 20.1% 41.7%
1980 - - 17.5% 31.4%
1979 - - 16.5% 35.8%
1978 - - 15.7% 39%
1977 - - 15.5% 41.5%
1976 - - 15.5% 31.3%
1975 - - 14.7% 24.4%
1974 - - 13.8% 21.7%
1973 - - 12.7% 20%
1972 - - 11.9% 17.9%
1971 - - 10.6% 17%
1970 - - 10.9% 17.1%
1969 - - 11.8% 10.7%
1968 - - 10.9% 7.85%
1967 - - 10.4% 8.22%
1966 - - 11.6% 5.14%
1965 - - 10.7% 9.99%
1964 - - 9.21% 6.22%
1963 - - 8.51% 4.13%
1962 - - 8.26% 4.2%
1961 - - 8.01% 4.38%
1960 - - 9.5% 4.58%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Mexico spent $563B, or 30.3% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 58.3% in Mexico, ranking 63/185 and 84/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Mexico
1x
Year Deficit/surplus, % of GDP
Antigua Mexico
2024 1.61% -5.73%
2023 -1.7% -4.29%
2022 -2.84% -4.32%
2021 -4.52% -3.75%
2020 -6.23% -4.29%
2019 -3.64% -2.27%
2018 -2.43% -2.14%
2017 -2.72% -1.03%
2016 -0.14% -2.68%
2015 -2.42% -3.86%
2014 -2.6% -4.37%
2013 -3.83% -3.56%
2012 -0.97% -3.57%
2011 -3.09% -3.2%
2010 -0.24% -3.8%
2009 -15.8% -3.94%
2008 -4.72% -0.68%
2007 -4.98% -1.46%
2006 -6.62% -1.23%
2005 -4.29% -1.43%
2004 -3.9% -1.35%
2003 -7.32% -2.24%
2002 -8.83% -2.18%
2001 -8.58% -2.57%
2000 -4.5% -2.69%
1999 -3.08% -4.49%
1998 -1.62% -4.49%
1997 0% -3.48%
1996 -1.61% -3.66%
1995 -3.89% -2.28%
1994 -4.33% -2.25%
1993 -2.45% -1.51%
1992 -0.81% 2.26%
1991 -3.91% 1.49%
1990 0.12% -3.11%
1989 - -4.75%
1988 - -8.76%
1987 - -11.6%
1986 - -11.2%
1985 - -7.2%
1984 - -5.79%
1983 - -6.03%
1982 - -11.4%
1981 - -4.9%
1980 - -1.75%
1979 - -2.15%
1978 - -1.88%
1977 - -2.43%
1976 - -3.14%
1975 - -2.64%
1974 - -3.33%
1973 - -2.75%
1972 - -2.3%
1971 - -1.43%
1970 - -1.71%
1969 - -2.74%
1968 - -2.06%
1967 - -2.12%
1966 - -3.2%
1965 - -2.51%
1964 - -1.44%
1963 - -0.92%
1962 - -0.79%
1961 - -0.88%
1960 - -1.36%
1959 - -0.73%
1958 - 0.24%
1957 - -0.03%
1956 - 0.52%
1955 - 0.6%
1954 - -0.94%
1953 - -0.58%
1952 - 0.42%
1951 - -0.26%
1950 - -0.2%
1949 - 0.44%
1948 - -1.55%
1947 - -0.93%
1946 - 0.66%
1945 - -1.11%
1944 - -1.12%
1943 - 0.05%
1942 - -0.93%
1941 - -0.26%
1940 - -0.4%
1939 - -0.06%
1938 - -0.91%
1937 - -0.41%
1936 - -0.39%
1935 - 0.26%
1934 - 0.72%
1933 - -0.58%
1932 - 0%
1931 - 0.71%
1930 - 0.21%
1929 - 0.95%
1928 - 0.24%
1927 - -0.3%
1926 - -0.29%
1925 - 0.46%
1924 - 1.34%
1923 - 1.02%
1922 - 1.13%
1921 - 0.64%
1920 - 0.91%
1919 - 0.41%
1918 - -0.19%
1917 - 0.63%
1916 - -
1915 - -
1914 - -
1913 - 0.28%
1912 - -0.79%
1911 - -0.31%
1910 - 0.1%
1909 - 0.15%
1908 - -0.08%
1907 - 0.43%
1906 - 0.72%
1905 - 0.35%
1904 - 1.09%
1903 - 3.82%
1902 - 0.42%
1901 - 0.62%
1900 - 0.76%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/mexico | 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 Mexico's deficit of $106B, or 5.73% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Mexico ran a deficit in 33 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 2.69% of GDP for Mexico.

Inflation comparison by year

Inflation
Antigua and Barbuda

Mexico
1x
Year Consumer prices inflation
Antigua Mexico
2024 6.2% 4.72%
2023 5.1% 5.53%
2022 7.5% 7.9%
2021 1.6% 5.69%
2020 1.1% 3.4%
2019 1.4% 3.64%
2018 1.2% 4.9%
2017 2.4% 6.04%
2016 -0.5% 2.82%
2015 1% 2.72%
2014 1.1% 4.02%
2013 1.1% 3.81%
2012 3.4% 4.11%
2011 3.5% 3.41%
2010 3.4% 4.16%
2009 -0.6% 5.3%
2008 5.3% 5.12%
2007 1.4% 3.97%
2006 1.8% 3.63%
2005 2.1% 3.99%
2004 2% 4.69%
2003 2% 4.55%
2002 2.4% 5.03%
2001 1.9% 6.37%
2000 -0.2% 9.49%
1999 1.1% 16.6%
1998 3.3% 15.9%
1997 0.4% 20.6%

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/mexico | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 6.15% in Mexico. In 2024, inflation was 6.2% in Antigua and Barbuda and 4.72% in Mexico.

Top exports between countries

Antigua
Export category Export value
Metals $10K
Textiles & consumer goods $8K
Machinery & equipment $3K
Precious metals & jewellery $1K
Mexico
Export category Export value
Textiles & consumer goods $624K
Metals $473K
Chemicals & pharma $356K
Machinery & equipment $239K
Raw materials & minerals $24K
Wood & paper products $16K
Miscellaneous $14K

Balance of trade

Antigua Mexico
Current account balance
-$181M
2024
-$16.7B
2024
Current account balance ranking
98/190
2024
181/190
2024
Current account balance, % of GDP
-8.22%
2024
-0.9%
2024
Goods imports
$726M
2024
$637B
2024
Goods exports
$72.1M
2024
$618B
2024
Service imports
$557M
2024
$72B
2024
Service exports
$1.24B
2024
$63B
2024
Imports of goods and services, % of GDP
63%
2022
37.9%
2024
Exports of goods and services, % of GDP
54.7%
2022
36.7%
2024

Economic freedom indices

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

Antigua Mexico
Economic freedom 56 59.8
Economic freedom ranking 125/197 102/197
Property rights n/a 37.6
Government integrity n/a 28.8
Judicial effectiveness n/a 40.4
Tax burden n/a 75.4
Government spending n/a 74.6
Fiscal health n/a 56.7
Business freedom n/a 67
Labor freedom n/a 57.3
Monetary freedom n/a 70.6
Trade freedom n/a 74.2
Investment freedom n/a 75
Financial freedom n/a 60

Other economic metrics

Antigua Mexico
Services, % of GDP
69.1%
2023
58.1%
2024
Industry, % of GDP
19%
2023
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
3.72%
2024
GNI, Atlas method
$1.98B
2024
$1.68T
2024
GNI per capita, PPP
$31,730
2024
$25,460
2024
Total reserves including gold
$358M
2024
$232B
2024
Total reserves ranking
164/177
2024
16/177
2024
Net foreign direct investment
-$253M
2024
-$32.3B
2024
Net inflows of foreign direct investment
$246M
2024
$45.5B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$13B
2024
Servicing debt to the IMF, % of GNI n/a
3.71%
2024
Poverty at national poverty lines n/a
29.6%
2024
Gross capital formation, % of GDP n/a
24.1%
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/mexico | 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 (1900–1995, 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 (2020–2024, 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.