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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $163M for Nauru, ranking 177/197 and 195/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $28.3M (17.4% of GDP) in Nauru.

Antigua and Barbuda vs Nauru GDP by year

Antigua and Barbuda
Nauru
1x
Year GDP, current $
Antigua Nauru
2024 $2,207,622,874 $162,588,621
2023 $2,005,785,185 $151,435,610
2022 $1,866,566,667 $152,373,434
2021 $1,602,125,926 $175,390,281
2020 $1,411,637,037 $124,685,688
2019 $1,726,448,148 $125,160,116
2018 $1,661,529,630 $130,995,566
2017 $1,534,855,556 $109,355,639
2016 $1,489,603,704 $97,541,943
2015 $1,437,485,185 $84,863,441
2014 $1,378,707,407 $99,149,244
2013 $1,325,496,296 $94,385,015
2012 $1,364,729,630 $101,055,723
2011 $1,287,359,259 $65,071,880
2010 $1,298,348,148 $47,562,845
2009 $1,386,518,519 $44,176,246
2008 $1,557,640,741 $37,602,265
2007 $1,487,381,481 $22,766,972
2006 $1,303,674,074 $29,200,359
2005 $1,143,896,296 $30,070,666
2004 $1,026,329,630 $30,587,566
2003 $948,100,000 $24,778,160
2002 $898,092,593 $21,017,424
2001 $877,774,074 $22,613,288
2000 $901,003,704 $26,930,980
1999 $835,544,444 $27,328,613
1998 $789,788,889 $29,664,451
1997 $734,422,222 $37,331,507
1996 $679,140,741 $37,458,801
1995 $616,051,852 $39,969,706
1994 $625,081,481 $39,742,511
1993 $565,662,963 $43,542,088
1992 $525,133,333 $51,133,123
1991 $504,337,037 $52,533,789
1990 $478,718,519 $55,572,376
1989 $455,174,074 $53,736,786
1988 $411,396,296 $45,931,134
1987 $346,866,667 $40,118,410
1986 $297,562,963 $39,939,391
1985 $246,370,370 $41,548,741
1984 $212,214,815 $47,363,231
1983 $184,866,667 $48,439,093
1982 $166,444,444 $52,877,742
1981 $149,388,889 $51,689,637
1980 $132,451,852 $46,947,124
1979 $109,596,296 $44,431,330
1978 $88,040,741 $41,754,147
1977 $77,507,407 $40,444,702
1976 - $40,287,427
1975 - $40,106,776
1974 - $35,994,511
1973 - $26,529,817
1972 - $21,734,269
1971 - $19,009,433
1970 - $17,570,366

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Antigua and Barbuda vs Nauru by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Nauru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Nauru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $13,609 $14,173
2023 $21,495 $31,602 $12,752 $13,732
2022 $20,105 $29,934 $12,912 $13,245
2021 $17,349 $25,745 $14,979 $12,112
2020 $15,370 $22,370 $10,709 $10,811
2019 $18,896 $26,551 $10,802 $10,555
2018 $18,273 $24,524 $11,414 $9,657
2017 $16,966 $21,422 $9,657 $9,650
2016 $16,557 $21,320 $8,748 $10,281
2015 $16,078 $20,985 $7,747 $9,955
2014 $15,532 $21,671 $9,230 $9,726
2013 $15,052 $21,761 $8,975 $8,429
2012 $15,640 $23,012 $9,843 $8,153
2011 $14,912 $23,804 $6,444 $6,544
2010 $15,217 $24,071 $4,736 $5,620
2009 $16,472 $26,157 $4,411 $5,568
2008 $18,787 $29,978 $3,757 $5,863
2007 $18,205 $29,851 $2,272 $4,789
2006 $16,174 $26,949 $2,910 $5,975
2005 $14,369 $23,485 $2,992 $5,336
2004 $13,038 $21,629 $3,041 $5,169
2003 $12,173 $20,127 $2,463 $5,261
2002 $11,659 $18,813 $2,085 $5,132
2001 $11,539 $18,569 $2,232 $5,587
2000 $12,027 $19,319 $2,649 $5,838
1999 $11,342 $18,088 $2,683 $6,118
1998 $10,907 $17,496 $2,909 $6,450
1997 $10,336 $16,836 $3,661 $7,231
1996 $9,756 $16,017 $3,679 $7,818
1995 $9,034 $15,062 $3,932 $8,726
1994 $9,351 $15,736 $3,921 $9,308
1993 $8,625 $14,720 $4,310 $9,513
1992 $8,154 $13,908 $5,103 $11,167
1991 $7,956 $13,658 $5,333 $13,265
1990 $7,591 $12,996 $5,776 $16,215
1989 $7,188 - $5,723 -
1988 $6,466 - $5,012 -
1987 $5,424 - $4,485 -
1986 $4,629 - $4,569 -
1985 $3,814 - $4,859 -
1984 $3,271 - $5,654 -
1983 $2,847 - $5,896 -
1982 $2,569 - $6,577 -
1981 $2,310 - $6,594 -
1980 $2,053 - $6,138 -
1979 $1,705 - $5,950 -
1978 $1,375 - $5,721 -
1977 $1,214 - $5,646 -
1976 - - $5,703 -
1975 - - $5,740 -
1974 - - $5,199 -
1973 - - $3,864 -
1972 - - $3,191 -
1971 - - $2,811 -
1970 - - $2,619 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $13,609 in Nauru, ranking 74/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Nauru ranks 119th at $14,173.

Economic indicators

Antigua Nauru
Gross domestic product
$2.21B
2024
$163M
2024
GDP rank
177/197
2024
195/197
2024
GDP growth
3.66%
2023-2024
1.39%
2023-2024
GDP per capita
$23,542
2024
$13,609
2024
GDP per capita rank
53/197
2024
74/197
2024
GDP per capita, PPP
$33,386
2024
$14,173
2024
GDP per capita PPP rank
66/197
2024
119/197
2024
Government debt
$1.49B
2024
$28.3M
2024
Debt-to-GDP ratio
67.6%
2024
17.4%
2024
Government debt per person
$15,910
2024
$2,367
2024
Government debt per person rank
39/185
2024
113/185
2024
Average annual personal income after taxes
$16,563
2026
$8,783
2026
Income share by richest 10% n/a
25.3%
2012
Income share by poorest 10% n/a
3.4%
2012
Government expenditure, % of GDP
19.8%
2024
122.1%
2024
Consumer prices inflation
6.2%
2023-2024
9.3%
2023-2024
Unemployment rate
5.37%
2023
5.06%
2021
Population
94757
12125

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Nauru
Spending

Debt
1x
Year % of GDP
Antigua Nauru
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 122.1% 17.4%
2023 18.8% 76.3% 118.1% 20.5%
2022 20.7% 82% 134.8% 22.4%
2021 23.4% 93% 93% 20.5%
2020 26% 100.5% 109.4% 56.3%
2019 22.1% 81.6% 106% 59.6%
2018 21.5% 84.3% 90.8% 71.1%
2017 22.6% 88.2% 102.3% 78%
2016 23.8% 83.1% 96% 86.3%
2015 24.8% 92.1% 85.4% 113%
2014 20.9% 91.9% 61.3% 147.7%
2013 20.7% 85.4% 66% 166.9%
2012 18.5% 76.9% 46% 157.3%
2011 21.1% 81.1% 44.7% 236.8%
2010 20% 79.4% 73.8% 298.9%
2009 32.1% 89.2% 68% 295.6%
2008 23.2% 66.8% - -
2007 23.8% 68.7% - -
2006 26% 79.1% - -
2005 21.5% 82.8% - -
2004 21.9% 107.7% - -
2003 24.2% 113% - -
2002 26.3% 114.5% - -
2001 24.2% 107.6% - -
2000 21.1% 96.4% - -
1999 20.3% 95.9% - -
1998 20.7% 94.6% - -
1997 16.8% 80.6% - -
1996 19.6% 85.5% - -
1995 21% 92.1% - -
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 (1990–2024, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Nauru spent $199M, or 122.1% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 17.4% in Nauru, ranking 63/185 and 176/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Nauru
1x
Year Deficit/surplus, % of GDP
Antigua Nauru
2024 1.61% 29.8%
2023 -1.7% 19.4%
2022 -2.84% 24.3%
2021 -4.52% 44.5%
2020 -6.23% 42.8%
2019 -3.64% 31%
2018 -2.43% 29.6%
2017 -2.72% 16.2%
2016 -0.14% 18.9%
2015 -2.42% 10.7%
2014 -2.6% 29.6%
2013 -3.83% 1.71%
2012 -0.97% 8.12%
2011 -3.09% 2.73%
2010 -0.24% 0.09%
2009 -15.8% 0.37%
2008 -4.72% -
2007 -4.98% -
2006 -6.62% -
2005 -4.29% -
2004 -3.9% -
2003 -7.32% -
2002 -8.83% -
2001 -8.58% -
2000 -4.5% -
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 (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/nauru | 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 Nauru's surplus of $48.4M, or 29.8% of GDP.

Over the past 16 years, Antigua and Barbuda recorded a fiscal deficit in 15 of those years, while Nauru ran a deficit in 0 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.22% of GDP, compared to surplus of 19.4% of GDP for Nauru.

Inflation comparison by year

Inflation
Antigua and Barbuda

Nauru
1x
Year Consumer prices inflation
Antigua Nauru
2024 6.2% 9.3%
2023 5.1% 4.8%
2022 7.5% 1.1%
2021 1.6% 2%
2020 1.1% 0.9%
2019 1.4% 4.1%
2018 1.2% 1.1%
2017 2.4% 4.5%
2016 -0.5% 8.1%
2015 1% 9.8%
2014 1.1% 0.3%
2013 1.1% -1.1%
2012 3.4% 0.3%
2011 3.5% -3.4%
2010 3.4% -2%
2009 -0.6% 22.4%
2008 5.3% 1%
2007 1.4% 5.6%
2006 1.8% 19.3%
2005 2.1% 8.7%
2004 2% -
2003 2% -
2002 2.4% -
2001 1.9% -
2000 -0.2% -
1999 1.1% -
1998 3.3% -
1997 0.4% -

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

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

Over the past 20 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.48%, compared with 4.84% in Nauru. In 2024, inflation was 6.2% in Antigua and Barbuda and 9.3% in Nauru.

Top exports between countries

Antigua
Export category Export value
Nauru
Export category Export value
Machinery & equipment $5K

Balance of trade

Antigua Nauru
Current account balance
-$181M
2024
$9.73M
2024
Current account balance ranking
98/190
2024
75/190
2024
Current account balance, % of GDP
-8.22%
2024
+5.98%
2024
Goods imports
$726M
2024
$92.7M
2024
Goods exports
$72.1M
2024
$25.5M
2024
Service imports
$557M
2024
$88.2M
2024
Service exports
$1.24B
2024
$64.6M
2024
Imports of goods and services, % of GDP
63%
2022
110.5%
2024
Exports of goods and services, % of GDP
54.7%
2022
55.3%
2024

Economic freedom indices

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

Antigua Nauru
Economic freedom 56 60
Economic freedom ranking 125/197 97/197

Other economic metrics

Antigua Nauru
Services, % of GDP
69.1%
2023
n/a
Industry, % of GDP
19%
2023
n/a
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
n/a
GNI, Atlas method
$1.98B
2024
$244M
2024
GNI per capita, PPP
$31,730
2024
$21,970
2024
Total reserves including gold
$358M
2024
n/a
Total reserves ranking
164/177
2024
n/a
Net foreign direct investment
-$253M
2024
$4.51M
2024
Net inflows of foreign direct investment
$246M
2024
-$5.85M
2024
Net outflows of foreign direct investment
-$68.4K
2024
-$1.34M
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/nauru | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  5. LivingCost (2026, retrieved 2025-10-14)
  6. TradeMap (2024, retrieved 2026-02-08)

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.