Antigua and Barbuda vs Papua New Guinea: Economic Indicators Comparison

Papua New Guinea with a GDP of $23.5B ranked the 114th largest economy in the world, while Antigua and Barbuda ranked 179th with $1.6B. By GDP per capita, Papua New Guinea and Antigua and Barbuda ranked 137th vs 54th, respectively.

Gross Domestic Product & Income

StatAntigua and BarbudaPapua New Guinea
GDP$1.6B$23.5B
GDP growth, 1 year7.39%0%
GDP growth, 5-years averageN/A5%
Population102k8.3M
GDP per capita$17k$2.7k
GDP per capita growth6.43%-2.76%
Purchasing Power Parity conversion factor1.682.06
Price level ratio of PPP conversion factor GDP to market exchange rate0.620.63
GDP per capita, PPP adjusted$27k$3.7k
GNI, Atlas method$1.5B$22.1B
GNI per capita$16k$2.6k
GNI, PPP adjusted$2.5B$36.3B
GNI per capita, PPP adjusted$25k$4.2k

Financial system and Human development

StatAntigua and BarbudaPapua New Guinea
Income Tax RateN/A42%
Corporate Tax RateN/A30%
Inflation, consumer prices1.2%4.7%
Inflation, GDP deflator2.2%7.1%
Unemployment8.4%2.4%
Economic Freedom Index5658.4
Personal Freedom Index6.87.24
Human Freedom Index6.76.99
Property Rights IndexN/A54.9
Judical Effectiveness IndexN/A48.4
Business Freedom IndexN/A58.4
Fiscal Health IndexN/A76.4
Labor Freedom IndexN/A69.6
Investment Freedom IndexN/A25
Financial Freedom IndexN/A30
Trade Freedom IndexN/A79.8
Monetary Freedom IndexN/A70.7
Government Spending IndexN/A86.4
Tax Burden IndexN/A71.5
Government Integrity IndexN/A29.7
Corruption Perceptions Index4428
Life expectancy at birth, years76.864
Suicide mortality rate, per 100,000 people0.56
Mortality caused by road traffic injury, per 100,000 people7.914.2
Intentional homicides, per 100,000 people10.37.9
International tourism, number of arrivals269k140k

Government debt & reserves

StatAntigua and BarbudaPapua New Guinea
Central government debt, % of GDPN/A36.9%
External debt stocks, % of GNIN/A78.4%
External debt stocksN/A$17.7B
Short-term debt, % of total reservesN/A20.6%
Total debt service, % of exports and primary incomeN/A26.1%
Adjusted net savings including particulate emission damage, % of GNIN/A4.9%
Gross savings, % of GDPN/A30.4%
Gross capital formation, % of GDPN/A20%
Total reserves including gold$328.7M$2.2B
Foreign direct investment net inflows$135.1M$335.2M

Exports, imports and economic structure

StatAntigua and BarbudaPapua New Guinea
Exports of goods and services, % of GDP42.4%72.2%
Imports of goods and services, % of GDP47.8%58.9%
Current account balance (balance of payments)-$113.2M$5.5B
Revenue excluding grants, % of GDPN/A15.9%
Grants excluding technical cooperation, BoP$3.1M$268.9M
Personal remittances received$24.7M$2.9M
Industry including construction value added, % of GDP21.1%36.4%
Agriculture, forestry and fishing value added, % of GDP1.7%17.6%
Charges for the use of intellectual property, payments BoP$5.3M$139k
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDPN/A19.1%
Government Expenditure, % of GDPN/A21.3%

Compare with countries close by GDP per capita

Antigua and Barbuda vs

CountryGDP
per capita
Population
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M

Papua New Guinea vs

CountryGDP
per capita
Population
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M