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Economy of Antigua and Barbuda vs Saint Kitts and Nevis compared: GDP & Debt

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $1.12B for Saint Kitts and Nevis, ranking 177/197 and 187/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $604M (53.8% of GDP) in Saint Kitts and Nevis.

Antigua and Barbuda vs Saint Kitts and Nevis GDP by year

Antigua and Barbuda
Saint Kitts and Nevis
1x
Year GDP, current $
Antigua Saint Kitts
2024 $2,207,622,874 $1,122,388,889
2023 $2,005,785,185 $1,055,651,852
2022 $1,866,566,667 $981,429,630
2021 $1,602,125,926 $858,622,222
2020 $1,411,637,037 $883,922,222
2019 $1,726,448,148 $1,107,855,556
2018 $1,661,529,630 $1,076,548,148
2017 $1,534,855,556 $1,056,977,778
2016 $1,489,603,704 $1,006,818,519
2015 $1,437,485,185 $957,222,222
2014 $1,378,707,407 $952,111,111
2013 $1,325,496,296 $874,548,148
2012 $1,364,729,630 $824,585,185
2011 $1,287,359,259 $836,092,593
2010 $1,298,348,148 $778,718,519
2009 $1,386,518,519 $774,274,074
2008 $1,557,640,741 $777,692,593
2007 $1,487,381,481 $689,285,185
2006 $1,303,674,074 $644,414,815
2005 $1,143,896,296 $547,203,704
2004 $1,026,329,630 $506,900,000
2003 $948,100,000 $469,869,870
2002 $898,092,593 $481,077,374
2001 $877,774,074 $458,643,829
2000 $901,003,704 $421,695,770
1999 $835,544,444 $406,595,484
1998 $789,788,889 $383,257,331
1997 $734,422,222 $374,641,308
1996 $679,140,741 $333,944,444
1995 $616,051,852 $313,485,185
1994 $625,081,481 $295,159,259
1993 $565,662,963 $263,755,556
1992 $525,133,333 $242,137,037
1991 $504,337,037 $220,540,741
1990 $478,718,519 $217,259,259
1989 $455,174,074 $192,518,519
1988 $411,396,296 $172,692,593
1987 $346,866,667 $147,748,148
1986 $297,562,963 $130,685,185
1985 $246,370,370 $111,007,407
1984 $212,214,815 $98,603,704
1983 $184,866,667 $86,874,074
1982 $166,444,444 $86,022,222
1981 $149,388,889 $80,888,889
1980 $132,451,852 $68,459,259
1979 $109,596,296 $58,840,741
1978 $88,040,741 $49,433,333
1977 $77,507,407 $44,496,296
1976 - $30,095,602
1975 - $33,364,055
1974 - $31,514,856
1973 - $24,196,018
1972 - $22,944,849
1971 - $19,624,746
1970 - $16,300,000
1969 - $15,850,000
1968 - $14,600,000
1967 - $16,742,338
1966 - $14,469,078
1965 - $13,593,932
1964 - $13,416,633
1963 - $12,833,301
1962 - $12,541,635
1961 - $12,483,302
1960 - $12,366,636

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

GeoRank.org/economy/antigua-and-barbuda/saint-kitts-and-nevis | CC BY

GDP per capita in Antigua and Barbuda vs Saint Kitts and Nevis by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Saint Kitts and Nevis
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Saint Kitts
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $23,961 $34,847
2023 $21,495 $31,602 $22,577 $33,980
2022 $20,105 $29,934 $21,012 $31,871
2021 $17,349 $25,745 $18,361 $26,897
2020 $15,370 $22,370 $18,859 $27,326
2019 $18,896 $26,551 $23,595 $32,482
2018 $18,273 $24,524 $22,901 $30,795
2017 $16,966 $21,422 $22,465 $29,579
2016 $16,557 $21,320 $21,388 $28,215
2015 $16,078 $20,985 $20,329 $26,877
2014 $15,532 $21,671 $20,219 $26,756
2013 $15,052 $21,761 $18,580 $24,624
2012 $15,640 $23,012 $17,532 $23,458
2011 $14,912 $23,804 $17,832 $24,550
2010 $15,217 $24,071 $16,623 $23,691
2009 $16,472 $26,157 $16,503 $23,385
2008 $18,787 $29,978 $16,605 $24,102
2007 $18,205 $29,851 $14,758 $21,301
2006 $16,174 $26,949 $13,838 $20,676
2005 $14,369 $23,485 $11,784 $19,500
2004 $13,038 $21,629 $10,945 $17,276
2003 $12,173 $20,127 $10,176 $16,226
2002 $11,659 $18,813 $10,454 $16,619
2001 $11,539 $18,569 $10,023 $16,235
2000 $12,027 $19,319 $9,320 $15,256
1999 $11,342 $18,088 $9,116 $13,754
1998 $10,907 $17,496 $8,711 $13,319
1997 $10,336 $16,836 $8,627 $13,409
1996 $9,756 $16,017 $7,788 $12,498
1995 $9,034 $15,062 $7,406 $11,747
1994 $9,351 $15,736 $7,065 $11,062
1993 $8,625 $14,720 $6,395 $10,418
1992 $8,154 $13,908 $5,947 $9,652
1991 $7,956 $13,658 $5,465 $9,131
1990 $7,591 $12,996 $5,373 $8,983
1989 $7,188 - $4,723 -
1988 $6,466 - $4,206 -
1987 $5,424 - $3,573 -
1986 $4,629 - $3,140 -
1985 $3,814 - $2,651 -
1984 $3,271 - $2,341 -
1983 $2,847 - $2,052 -
1982 $2,569 - $2,023 -
1981 $2,310 - $1,894 -
1980 $2,053 - $1,598 -
1979 $1,705 - $1,367 -
1978 $1,375 - $1,144 -
1977 $1,214 - $1,026 -
1976 - - $692 -
1975 - - $765 -
1974 - - $721 -
1973 - - $551 -
1972 - - $521 -
1971 - - $444 -
1970 - - $365 -
1969 - - $347 -
1968 - - $309 -
1967 - - $344 -
1966 - - $290 -
1965 - - $265.8 -
1964 - - $256.4 -
1963 - - $240.1 -
1962 - - $230.3 -
1961 - - $225.6 -
1960 - - $221.6 -

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

GeoRank.org/economy/antigua-and-barbuda/saint-kitts-and-nevis | CC BY

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $23,961 in Saint Kitts and Nevis, ranking 51/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Saint Kitts and Nevis ranks 64th at $34,847.

Economic indicators

Antigua Saint Kitts
Gross domestic product
$2.21B
2024
$1.12B
2024
GDP rank
177/197
2024
187/197
2024
GDP growth
3.66%
2023-2024
0.31%
2023-2024
GDP per capita
$23,542
2024
$23,961
2024
GDP per capita rank
53/197
2024
51/197
2024
GDP per capita, PPP
$33,386
2024
$34,847
2024
GDP per capita PPP rank
66/197
2024
64/197
2024
Government debt
$1.49B
2024
$604M
2024
Debt-to-GDP ratio
67.6%
2024
53.8%
2024
Government debt per person
$15,910
2024
$12,897
2024
Government debt per person rank
39/185
2024
44/185
2024
Average annual personal income after taxes
$16,563
2026
$13,301
2026
Government expenditure, % of GDP
19.8%
2024
43.2%
2024
Consumer prices inflation
6.2%
2023-2024
1.1%
2023-2024
Unemployment rate
5.37%
2023
5.12%
2001
Population
94757
47017

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Saint Kitts and Nevis
Spending

Debt
1x
Year % of GDP
Antigua Saint Kitts
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 43.2% 53.8%
2023 18.8% 76.3% 43.1% 55.7%
2022 20.7% 82% 49.5% 60.3%
2021 23.4% 93% 41.2% 69.1%
2020 26% 100.5% 36.5% 68%
2019 22.1% 81.6% 37.2% 54.3%
2018 21.5% 84.3% 33.7% 53.9%
2017 22.6% 88.2% 25.5% 56.2%
2016 23.8% 83.1% 26.1% 57.4%
2015 24.8% 92.1% 29% 62.2%
2014 20.9% 91.9% 28% 69.3%
2013 20.7% 85.4% 28.6% 91.5%
2012 18.5% 76.9% 27.2% 121.4%
2011 21.1% 81.1% 30.3% 127.1%
2010 20% 79.4% 31.2% 134.9%
2009 32.1% 89.2% 30.4% 129.1%
2008 23.2% 66.8% 29.5% 123.4%
2007 23.8% 68.7% 32.2% 135.4%
2006 26% 79.1% 32.5% 140.3%
2005 21.5% 82.8% 34.7% 130.1%
2004 21.9% 107.7% 33.7% 153.1%
2003 24.2% 113% 30.9% 140.7%
2002 26.3% 114.5% 35.4% 119.7%
2001 24.2% 107.6% 30.9% 105.2%
2000 21.1% 96.4% 34.6% 96.5%
1999 20.3% 95.9% 33.6% 89.2%
1998 20.7% 94.6% 29.1% 79%
1997 16.8% 80.6% 26.3% 67.2%
1996 19.6% 85.5% 26.8% 50.7%
1995 21% 92.1% 23.7% -
1994 21.2% 84.5% 22.2% -
1993 19.4% 85.3% 21.3% -
1992 18.7% 90.8% 19.8% -
1991 20.8% 94.6% 18.2% -
1990 18.1% 94.1% 19.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/saint-kitts-and-nevis | CC BY

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Saint Kitts and Nevis spent $484M, or 43.2% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 53.8% in Saint Kitts and Nevis, ranking 63/185 and 97/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Saint Kitts and Nevis
1x
Year Deficit/surplus, % of GDP
Antigua Saint Kitts
2024 1.61% -11%
2023 -1.7% -0.27%
2022 -2.84% -4.16%
2021 -4.52% 5.41%
2020 -6.23% -3.06%
2019 -3.64% -0.7%
2018 -2.43% 1.8%
2017 -2.72% 1.68%
2016 -0.14% 3.77%
2015 -2.42% 5.66%
2014 -2.6% 8.52%
2013 -3.83% 10.9%
2012 -0.97% 4.32%
2011 -3.09% 1.6%
2010 -0.24% -4.15%
2009 -15.8% -1.23%
2008 -4.72% -1.57%
2007 -4.98% -1.03%
2006 -6.62% -1.37%
2005 -4.29% -3.45%
2004 -3.9% -6.6%
2003 -7.32% -5.66%
2002 -8.83% -11.7%
2001 -8.58% -10.9%
2000 -4.5% -13.3%
1999 -3.08% -11.1%
1998 -1.62% -5.13%
1997 0% -2.33%
1996 -1.61% -2.27%
1995 -3.89% 0.9%
1994 -4.33% 0.79%
1993 -2.45% 0.24%
1992 -0.81% 0.5%
1991 -3.91% 0.92%
1990 0.12% 0.62%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/saint-kitts-and-nevis | 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 Saint Kitts and Nevis' deficit of $123M, or 11% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Saint Kitts and Nevis ran a deficit in 20 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 1.52% of GDP for Saint Kitts and Nevis.

Inflation comparison by year

Inflation
Antigua and Barbuda

Saint Kitts and Nevis
1x
Year Consumer prices inflation
Antigua Saint Kitts
2024 6.2% 1.1%
2023 5.1% 3.56%
2022 7.5% 2.67%
2021 1.6% 1.2%
2020 1.1% -1.17%
2019 1.4% -0.33%
2018 1.2% -1.04%
2017 2.4% 0.69%
2016 -0.5% -0.69%
2015 1% -2.3%
2014 1.1% 0.25%
2013 1.1% 1.11%
2012 3.4% 0.82%
2011 3.5% 5.84%
2010 3.4% 0.85%
2009 -0.6% 2.06%
2008 5.3% 5.3%
2007 1.4% 4.48%
2006 1.8% 8.49%
2005 2.1% 3.38%
2004 2% 2.31%
2003 2% 2.24%
2002 2.4% 2.04%
2001 1.9% 2.3%
2000 -0.2% 2.15%
1999 1.1% 3.36%
1998 3.3% 3.45%
1997 0.4% 8.91%

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/saint-kitts-and-nevis | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 2.25% in Saint Kitts and Nevis. In 2024, inflation was 6.2% in Antigua and Barbuda and 1.1% in Saint Kitts and Nevis.

Top exports between countries

Antigua
Export category Export value
Processed food, beverages & tobacco $1.33M
Raw materials & minerals $580K
Machinery & equipment $482K
Chemicals & pharma $388K
Textiles & consumer goods $264K
Metals $103K
Wood & paper products $74K
Raw agricultural goods $40K
Animal & marine products $28K
Precious metals & jewellery $26K
Saint Kitts
Export category Export value
Wood & paper products $308K
Processed food, beverages & tobacco $288K
Metals $229K
Chemicals & pharma $42K
Precious metals & jewellery $30K
Textiles & consumer goods $24K
Animal & marine products $5K
Machinery & equipment $4K
Raw materials & minerals $1K

Balance of trade

Antigua Saint Kitts
Current account balance
-$181M
2024
-$169M
2024
Current account balance ranking
98/190
2024
96/190
2024
Current account balance, % of GDP
-8.22%
2024
-15.1%
2024
Goods imports
$726M
2024
$404M
2024
Goods exports
$72.1M
2024
$33.7M
2024
Service imports
$557M
2024
$239M
2024
Service exports
$1.24B
2024
$471M
2024
Imports of goods and services, % of GDP
63%
2022
n/a
Exports of goods and services, % of GDP
54.7%
2022
11%
2025

Economic freedom indices

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

Antigua Saint Kitts
Economic freedom 56 62
Economic freedom ranking 125/197 90/197

Other economic metrics

Antigua Saint Kitts
Services, % of GDP
69.1%
2023
66.1%
2024
Industry, % of GDP
19%
2023
20.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
1.29%
2024
GNI, Atlas method
$1.98B
2024
$1.05B
2024
GNI per capita, PPP
$31,730
2024
$34,460
2024
Total reserves including gold
$358M
2024
$295M
2024
Total reserves ranking
164/177
2024
168/177
2024
Net foreign direct investment
-$253M
2024
-$19.5M
2024
Net inflows of foreign direct investment
$246M
2024
$42.1M
2024
Net outflows of foreign direct investment
-$68.4K
2024
$8.97M
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/saint-kitts-and-nevis | 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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. TradeMap (2017–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. 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.