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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $22.7B for Mozambique, ranking 177/197 and 123/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $21.2B (93.2% of GDP) in Mozambique.

Antigua and Barbuda vs Mozambique GDP by year

Antigua and Barbuda
Mozambique
1x
Year GDP, current $
Antigua Mozambique
2024 $2,207,622,874 $22,745,341,305
2023 $2,005,785,185 $20,921,079,533
2022 $1,866,566,667 $18,883,528,581
2021 $1,602,125,926 $16,168,055,475
2020 $1,411,637,037 $14,235,420,174
2019 $1,726,448,148 $15,512,759,047
2018 $1,661,529,630 $15,017,358,953
2017 $1,534,855,556 $13,264,640,646
2016 $1,489,603,704 $12,069,051,237
2015 $1,437,485,185 $16,208,985,770
2014 $1,378,707,407 $17,978,246,586
2013 $1,325,496,296 $17,198,073,057
2012 $1,364,729,630 $16,688,114,144
2011 $1,287,359,259 $14,619,279,989
2010 $1,298,348,148 $11,411,894,724
2009 $1,386,518,519 $12,263,894,790
2008 $1,557,640,741 $12,920,340,965
2007 $1,487,381,481 $10,811,456,006
2006 $1,303,674,074 $9,509,835,537
2005 $1,143,896,296 $8,868,504,900
2004 $1,026,329,630 $7,937,255,565
2003 $948,100,000 $6,583,526,861
2002 $898,092,593 $5,950,769,427
2001 $877,774,074 $5,650,154,067
2000 $901,003,704 $5,930,685,215
1999 $835,544,444 $6,285,219,691
1998 $789,788,889 $5,551,118,149
1997 $734,422,222 $4,873,663,775
1996 $679,140,741 $4,030,146,135
1995 $616,051,852 $3,061,646,174
1994 $625,081,481 $2,958,108,170
1993 $565,662,963 $2,883,161,897
1992 $525,133,333 $2,798,696,511
1991 $504,337,037 $3,854,856,435
1990 $478,718,519 -
1989 $455,174,074 -
1988 $411,396,296 -
1987 $346,866,667 -
1986 $297,562,963 -
1985 $246,370,370 -
1984 $212,214,815 -
1983 $184,866,667 -
1982 $166,444,444 -
1981 $149,388,889 -
1980 $132,451,852 -
1979 $109,596,296 -
1978 $88,040,741 -
1977 $77,507,407 -

Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).

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

GDP per capita in Antigua and Barbuda vs Mozambique by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $657 $1,705
2023 $21,495 $31,602 $622 $1,678
2022 $20,105 $29,934 $578 $1,582
2021 $17,349 $25,745 $510 $1,457
2020 $15,370 $22,370 $462 $1,412
2019 $18,896 $26,551 $519 $1,389
2018 $18,273 $24,524 $518 $1,326
2017 $16,966 $21,422 $471 $1,283
2016 $16,557 $21,320 $441 $1,379
2015 $16,078 $20,985 $611 $1,318
2014 $15,532 $21,671 $697 $1,166
2013 $15,052 $21,761 $687 $1,114
2012 $15,640 $23,012 $686 $1,076
2011 $14,912 $23,804 $618 $1,064
2010 $15,217 $24,071 $496 $1,000
2009 $16,472 $26,157 $548 $951
2008 $18,787 $29,978 $592 $916
2007 $18,205 $29,851 $508 $862
2006 $16,174 $26,949 $457 $798
2005 $14,369 $23,485 $437 $721
2004 $13,038 $21,629 $400 $673
2003 $12,173 $20,127 $339 $620
2002 $11,659 $18,813 $314 $580
2001 $11,539 $18,569 $305 $533
2000 $12,027 $19,319 $327 $472
1999 $11,342 $18,088 $354 $468
1998 $10,907 $17,496 $320 $422
1997 $10,336 $16,836 $287.5 $387
1996 $9,756 $16,017 $244.4 $350
1995 $9,034 $15,062 $191.8 $321
1994 $9,351 $15,736 $196.8 $326
1993 $8,625 $14,720 $205.2 $321
1992 $8,154 $13,908 $205.6 $292
1991 $7,956 $13,658 $288.7 $315
1990 $7,591 $12,996 - $296
1989 $7,188 - - -
1988 $6,466 - - -
1987 $5,424 - - -
1986 $4,629 - - -
1985 $3,814 - - -
1984 $3,271 - - -
1983 $2,847 - - -
1982 $2,569 - - -
1981 $2,310 - - -
1980 $2,053 - - -
1979 $1,705 - - -
1978 $1,375 - - -
1977 $1,214 - - -

Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $657 in Mozambique, ranking 189/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Mozambique ranks 192nd at $1,705.

Economic indicators

Antigua Mozambique
Gross domestic product
$2.21B
2024
$22.7B
2024
GDP rank
177/197
2024
123/197
2024
GDP growth
3.66%
2023-2024
2.15%
2023-2024
GDP per capita
$23,542
2024
$657
2024
GDP per capita rank
53/197
2024
189/197
2024
GDP per capita, PPP
$33,386
2024
$1,705
2024
GDP per capita PPP rank
66/197
2024
192/197
2024
Government debt
$1.49B
2024
$21.2B
2024
Debt-to-GDP ratio
67.6%
2024
93.2%
2024
Government debt per person
$15,910
2024
$612
2024
Government debt per person rank
39/185
2024
159/185
2024
Average annual personal income after taxes
$16,563
2026
$1,778
2026
Income share by richest 10% n/a
40.8%
2022
Income share by poorest 10% n/a
1.7%
2022
Government expenditure, % of GDP
19.8%
2024
33.2%
2024
Consumer prices inflation
6.2%
2023-2024
3.2%
2023-2024
Central bank interest rate n/a
9.75%
2025
Unemployment rate
5.37%
2023
6.79%
2022
Population
94757
36941128

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Mozambique
Spending

Debt
1x
Year % of GDP
Antigua Mozambique
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 33.2% 93.2%
2023 18.8% 76.3% 33.3% 90.9%
2022 20.7% 82% 32.9% 100.3%
2021 23.4% 93% 32.1% 104.3%
2020 26% 100.5% 33.9% 120%
2019 22.1% 81.6% 28% 98.3%
2018 21.5% 84.3% 32.9% 105.5%
2017 22.6% 88.2% 29.5% 103.8%
2016 23.8% 83.1% 29.1% 124.8%
2015 24.8% 92.1% 32.2% 86%
2014 20.9% 91.9% 39.7% 63.4%
2013 20.7% 85.4% 31.7% 49.5%
2012 18.5% 76.9% 28.1% 36.7%
2011 21.1% 81.1% 28.9% 34.2%
2010 20% 79.4% 26.7% 38.6%
2009 32.1% 89.2% 25.7% 39.3%
2008 23.2% 66.8% 21.3% 32.8%
2007 23.8% 68.7% 20.9% 31.2%
2006 26% 79.1% 20.1% 40%
2005 21.5% 82.8% 17% 60.1%
2004 21.9% 107.7% 17.8% 50.8%
2003 24.2% 113% 18.6% 63.2%
2002 26.3% 114.5% 18.6% 63.4%
2001 24.2% 107.6% 20.8% 99.8%
2000 21.1% 96.4% 17.2% 95.8%
1999 20.3% 95.9% 15.6% 94.7%
1998 20.7% 94.6% 14.9% -
1997 16.8% 80.6% 16.5% -
1996 19.6% 85.5% 14.9% -
1995 21% 92.1% 18.8% -
1994 21.2% 84.5% 22.9% -
1993 19.4% 85.3% 20.7% -
1992 18.7% 90.8% 21.1% -
1991 20.8% 94.6% 17.3% -
1990 18.1% 94.1% 21% -
1989 - - 27% -
1988 - - 27% -
1987 - - 22.9% -
1986 - - 24.2% -
1985 - - 21% -
1984 - - 30.9% -
1983 - - 35.3% -
1982 - - 27% -
1981 - - 23.8% -
1980 - - 14.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Mozambique spent $7.56B, or 33.2% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 93.2% in Mozambique, ranking 63/185 and 28/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Mozambique
1x
Year Deficit/surplus, % of GDP
Antigua Mozambique
2024 1.61% -6.17%
2023 -1.7% -4.26%
2022 -2.84% -5.22%
2021 -4.52% -5.23%
2020 -6.23% -6.19%
2019 -3.64% 1.7%
2018 -2.43% -7.39%
2017 -2.72% -2.9%
2016 -0.14% -5.42%
2015 -2.42% -6.55%
2014 -2.6% -9.75%
2013 -3.83% -2.46%
2012 -0.97% -3.45%
2011 -3.09% -4.34%
2010 -0.24% -3.5%
2009 -15.8% -4.35%
2008 -4.72% -1.9%
2007 -4.98% -2.19%
2006 -6.62% -3.03%
2005 -4.29% -2.06%
2004 -3.9% -3.17%
2003 -7.32% -2.64%
2002 -8.83% -3.36%
2001 -8.58% -4.43%
2000 -4.5% -1.26%
1999 -3.08% -0.31%
1998 -1.62% -1.08%
1997 0% -1.81%
1996 -1.61% -2.07%
1995 -3.89% -2.46%
1994 -4.33% -4%
1993 -2.45% -2.53%
1992 -0.81% -1.85%
1991 -3.91% -2.01%
1990 0.12% -4.42%
1989 - -4.23%
1988 - -6.47%
1987 - -7.24%
1986 - -12.1%
1985 - -9.69%
1984 - -13.4%
1983 - -15.8%
1982 - -3.61%
1981 - -7.41%
1980 - -1.47%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/mozambique | 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 Mozambique's deficit of $1.4B, or 6.17% of GDP.

Over the past 34 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Mozambique ran a deficit in 33 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.74% of GDP, compared to deficit of 3.46% of GDP for Mozambique.

Inflation comparison by year

Inflation
Antigua and Barbuda

Mozambique
1x
Year Consumer prices inflation
Antigua Mozambique
2024 6.2% 3.2%
2023 5.1% 7%
2022 7.5% 10.4%
2021 1.6% 6.6%
2020 1.1% 0.9%
2019 1.4% 5.7%
2018 1.2% 3.2%
2017 2.4% 15.8%
2016 -0.5% 18.4%
2015 1% 3.6%
2014 1.1% 2.6%
2013 1.1% 4.3%
2012 3.4% 2.6%
2011 3.5% 11.2%
2010 3.4% 12.4%
2009 -0.6% 3.8%
2008 5.3% 14.5%
2007 1.4% 10.4%
2006 1.8% 13.2%
2005 2.1% 6.4%
2004 2% 12.6%
2003 2% 13.5%
2002 2.4% 16.8%
2001 1.9% 9.1%
2000 -0.2% 12.7%
1999 1.1% 2.9%
1998 3.3% 1.5%
1997 0.4% 7.4%

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

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

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 8.31% in Mozambique. In 2024, inflation was 6.2% in Antigua and Barbuda and 3.2% in Mozambique.

Top exports between countries

Antigua
Export category Export value
Mozambique
Export category Export value
Processed food, beverages & tobacco $1K
Raw agricultural goods $1K

Balance of trade

Antigua Mozambique
Current account balance
-$181M
2024
-$2.49B
2024
Current account balance ranking
98/190
2024
150/190
2024
Current account balance, % of GDP
-8.22%
2024
-11%
2024
Goods imports
$726M
2024
$8.38B
2024
Goods exports
$72.1M
2024
$8.21B
2024
Service imports
$557M
2024
$2.11B
2024
Service exports
$1.24B
2024
$1.15B
2024
Imports of goods and services, % of GDP
63%
2022
52.8%
2024
Exports of goods and services, % of GDP
54.7%
2022
42.8%
2024

Economic freedom indices

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

Antigua Mozambique
Economic freedom 56 49.6
Economic freedom ranking 125/197 164/197
Property rights n/a 29.7
Government integrity n/a 25.1
Judicial effectiveness n/a 43.4
Tax burden n/a 75.8
Government spending n/a 67
Fiscal health n/a 39.1
Business freedom n/a 40.2
Labor freedom n/a 47.7
Monetary freedom n/a 76.2
Trade freedom n/a 71.2
Investment freedom n/a 40
Financial freedom n/a 40

Other economic metrics

Antigua Mozambique
Services, % of GDP
69.1%
2023
41.1%
2024
Industry, % of GDP
19%
2023
21.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
25.2%
2024
GNI, Atlas method
$1.98B
2024
$19.1B
2024
GNI per capita, PPP
$31,730
2024
$1,520
2024
Total reserves including gold
$358M
2024
$3.84B
2024
Total reserves ranking
164/177
2024
108/177
2024
Net foreign direct investment
-$253M
2024
-$3.55B
2024
Net inflows of foreign direct investment
$246M
2024
$3.51B
2024
Net outflows of foreign direct investment
-$68.4K
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI n/a
22.4%
2024
Poverty at national poverty lines n/a
65%
2022
Gross capital formation, % of GDP n/a
17.7%
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/mozambique | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1977–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. TradeMap (2022, 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.