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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $2.55B for Saint Lucia, ranking 177/197 and 173/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $1.97B (77.2% of GDP) in Saint Lucia.

Antigua and Barbuda vs Saint Lucia GDP by year

Antigua and Barbuda
Saint Lucia
1x
Year GDP, current $
Antigua Saint Lucia
2024 $2,207,622,874 $2,549,062,963
2023 $2,005,785,185 $2,430,166,667
2022 $1,866,566,667 $2,342,714,815
2021 $1,602,125,926 $1,867,185,185
2020 $1,411,637,037 $1,499,274,074
2019 $1,726,448,148 $2,095,344,444
2018 $1,661,529,630 $2,060,955,556
2017 $1,534,855,556 $1,998,503,704
2016 $1,489,603,704 $1,868,544,444
2015 $1,437,485,185 $1,807,640,741
2014 $1,378,707,407 $1,749,185,185
2013 $1,325,496,296 $1,660,392,593
2012 $1,364,729,630 $1,598,207,407
2011 $1,287,359,259 $1,568,370,370
2010 $1,298,348,148 $1,482,385,185
2009 $1,386,518,519 $1,401,507,889
2008 $1,557,640,741 $1,437,731,111
2007 $1,487,381,481 $1,336,088,815
2006 $1,303,674,074 $1,268,319,185
2005 $1,143,896,296 $1,135,555,556
2004 $1,026,329,630 $1,066,666,667
2003 $948,100,000 $987,407,407
2002 $898,092,593 $900,000,000
2001 $877,774,074 $892,592,593
2000 $901,003,704 $932,592,593
1999 $835,544,444 $921,851,852
1998 $789,788,889 $877,407,407
1997 $734,422,222 $805,925,926
1996 $679,140,741 $788,888,889
1995 $616,051,852 $762,962,963
1994 $625,081,481 $713,703,704
1993 $565,662,963 $684,814,815
1992 $525,133,333 $674,074,074
1991 $504,337,037 $613,703,704
1990 $478,718,519 $579,629,630
1989 $455,174,074 $486,666,667
1988 $411,396,296 $429,629,630
1987 $346,866,667 $375,555,556
1986 $297,562,963 $340,000,000
1985 $246,370,370 $284,444,444
1984 $212,214,815 $251,481,481
1983 $184,866,667 $197,037,037
1982 $166,444,444 $183,333,333
1981 $149,388,889 $194,444,444
1980 $132,451,852 $170,370,370
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/saint-lucia | CC BY

GDP per capita in Antigua and Barbuda vs Saint Lucia by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $14,182 $27,567
2023 $21,495 $31,602 $13,555 $25,975
2022 $20,105 $29,934 $13,104 $24,599
2021 $17,349 $25,745 $10,459 $19,101
2020 $15,370 $22,370 $8,411 $14,912
2019 $18,896 $26,551 $11,794 $18,710
2018 $18,273 $24,524 $11,643 $17,433
2017 $16,966 $21,422 $11,333 $16,131
2016 $16,557 $21,320 $10,638 $15,307
2015 $16,078 $20,985 $10,335 $14,353
2014 $15,532 $21,671 $10,045 $14,403
2013 $15,052 $21,761 $9,577 $14,010
2012 $15,640 $23,012 $9,260 $13,443
2011 $14,912 $23,804 $9,129 $13,471
2010 $15,217 $24,071 $8,674 $12,718
2009 $16,472 $26,157 $8,251 $12,600
2008 $18,787 $29,978 $8,517 $12,969
2007 $18,205 $29,851 $7,964 $12,199
2006 $16,174 $26,949 $7,611 $11,758
2005 $14,369 $23,485 $6,863 $10,818
2004 $13,038 $21,629 $6,495 $10,610
2003 $12,173 $20,127 $6,059 $9,707
2002 $11,659 $18,813 $5,568 $9,205
2001 $11,539 $18,569 $5,570 $9,106
2000 $12,027 $19,319 $5,880 $9,314
1999 $11,342 $18,088 $5,883 $9,214
1998 $10,907 $17,496 $5,673 $8,965
1997 $10,336 $16,836 $5,282 $8,456
1996 $9,756 $16,017 $5,244 $8,490
1995 $9,034 $15,062 $5,148 $8,222
1994 $9,351 $15,736 $4,892 $8,041
1993 $8,625 $14,720 $4,765 $7,865
1992 $8,154 $13,908 $4,760 $7,753
1991 $7,956 $13,658 $4,399 $7,127
1990 $7,591 $12,996 $4,205 $6,951
1989 $7,188 - $3,565 -
1988 $6,466 - $3,182 -
1987 $5,424 - $2,819 -
1986 $4,629 - $2,591 -
1985 $3,814 - $2,202 -
1984 $3,271 - $1,979 -
1983 $2,847 - $1,576 -
1982 $2,569 - $1,489 -
1981 $2,310 - $1,605 -
1980 $2,053 - $1,428 -
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/saint-lucia | CC BY

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $14,182 in Saint Lucia, ranking 70/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Antigua Saint Lucia
Gross domestic product
$2.21B
2024
$2.55B
2024
GDP rank
177/197
2024
173/197
2024
GDP growth
3.66%
2023-2024
3.89%
2023-2024
GDP per capita
$23,542
2024
$14,182
2024
GDP per capita rank
53/197
2024
70/197
2024
GDP per capita, PPP
$33,386
2024
$27,567
2024
GDP per capita PPP rank
66/197
2024
75/197
2024
Government debt
$1.49B
2024
$1.97B
2024
Debt-to-GDP ratio
67.6%
2024
77.2%
2024
Government debt per person
$15,910
2024
$10,952
2024
Government debt per person rank
39/185
2024
52/185
2024
Average annual personal income after taxes
$16,563
2026
$10,412
2026
Income share by richest 10% n/a
34.1%
2015
Income share by poorest 10% n/a
2.1%
2015
Government expenditure, % of GDP
19.8%
2024
24.5%
2024
Consumer prices inflation
6.2%
2023-2024
-0.11%
2023-2024
Unemployment rate
5.37%
2023
10.1%
2024
Population
94757
180638

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Antigua Saint Lucia
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 24.5% 77.2%
2023 18.8% 76.3% 25.6% 76.6%
2022 20.7% 82% 23% 74.4%
2021 23.4% 93% 27.4% 87%
2020 26% 100.5% 34.9% 100%
2019 22.1% 81.6% 25.1% 62.1%
2018 21.5% 84.3% 23.2% 60.5%
2017 22.6% 88.2% 23.3% 60.4%
2016 23.8% 83.1% 23% 61.3%
2015 24.8% 92.1% 23.7% 61.1%
2014 20.9% 91.9% 23.6% 62.4%
2013 20.7% 85.4% 25.4% 62.1%
2012 18.5% 76.9% 28% 60.8%
2011 21.1% 81.1% 27% 55.2%
2010 20% 79.4% 26% 53%
2009 32.1% 89.2% 24.5% 51%
2008 23.2% 66.8% 22.2% 46.7%
2007 23.8% 68.7% 22.6% 49.1%
2006 26% 79.1% 24.7% 48.6%
2005 21.5% 82.8% 26% 51.9%
2004 21.9% 107.7% 22.9% 49.6%
2003 24.2% 113% 22.9% 45.6%
2002 26.3% 114.5% 23.6% 48.8%
2001 24.2% 107.6% 22.1% 38.1%
2000 21.1% 96.4% 20.7% 32.5%
1999 20.3% 95.9% 20.9% 28.9%
1998 20.7% 94.6% 18.8% 29.4%
1997 16.8% 80.6% 19.5% 27.2%
1996 19.6% 85.5% 18.9% 24.1%
1995 21% 92.1% 19.2% 22.9%
1994 21.2% 84.5% 19.1% 23.8%
1993 19.4% 85.3% 21.8% 22.9%
1992 18.7% 90.8% 18.4% 22.2%
1991 20.8% 94.6% 18.4% 19.8%
1990 18.1% 94.1% 16.7% 17%
1989 - - 19% 18.1%
1988 - - 18.2% 18.6%
1987 - - 19.9% 19.6%
1986 - - 21.1% 17.2%
1985 - - 20.4% 17.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Saint Lucia spent $625M, or 24.5% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 77.2% in Saint Lucia, ranking 63/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Antigua Saint Lucia
2024 1.61% -2.13%
2023 -1.7% -3.09%
2022 -2.84% -1.67%
2021 -4.52% -5.1%
2020 -6.23% -12%
2019 -3.64% -3.51%
2018 -2.43% -1.03%
2017 -2.72% -1.14%
2016 -0.14% -0.79%
2015 -2.42% -2.35%
2014 -2.6% -3.08%
2013 -3.83% -4.84%
2012 -0.97% -7.62%
2011 -3.09% -5.38%
2010 -0.24% -4.17%
2009 -15.8% -2.67%
2008 -4.72% -0.72%
2007 -4.98% -1.62%
2006 -6.62% -5.07%
2005 -4.29% -6.18%
2004 -3.9% -2.63%
2003 -7.32% -3.23%
2002 -8.83% -3.1%
2001 -8.58% -3.08%
2000 -4.5% -1.16%
1999 -3.08% 1.62%
1998 -1.62% 2.25%
1997 0% -1.13%
1996 -1.61% -0.58%
1995 -3.89% -0.13%
1994 -4.33% -0.02%
1993 -2.45% -0.26%
1992 -0.81% -0.66%
1991 -3.91% -0.43%
1990 0.12% 0.29%
1989 - 0.89%
1988 - 2.02%
1987 - 0.56%
1986 - -1.61%
1985 - -1.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/saint-lucia | 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 Lucia's deficit of $54.2M, or 2.13% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Saint Lucia ran a deficit in 32 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 2.47% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Antigua and Barbuda

Saint Lucia
1x
Year Consumer prices inflation
Antigua Saint Lucia
2024 6.2% -0.11%
2023 5.1% 4.07%
2022 7.5% 6.38%
2021 1.6% 2.41%
2020 1.1% -1.76%
2019 1.4% 0.54%
2018 1.2% 1.94%
2017 2.4% 0.1%
2016 -0.5% -3.08%
2015 1% -0.98%
2014 1.1% 3.52%
2013 1.1% 1.47%
2012 3.4% 4.18%
2011 3.5% 2.77%
2010 3.4% 3.25%
2009 -0.6% -0.16%
2008 5.3% 5.55%
2007 1.4% 2.82%
2006 1.8% 2.4%
2005 2.1% 3.9%
2004 2% 1.46%
2003 2% 1.03%
2002 2.4% -0.26%
2001 1.9% 5.31%
2000 -0.2% 3.71%
1999 1.1% 3.5%
1998 3.3% 3.2%
1997 0.4% -0.006%

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-lucia | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 2.04% in Saint Lucia. In 2024, inflation was 6.2% in Antigua and Barbuda and -0.11% in Saint Lucia.

Top exports between countries

Antigua
Export category Export value
Processed food, beverages & tobacco $721K
Machinery & equipment $283K
Raw materials & minerals $262K
Metals $178K
Chemicals & pharma $136K
Wood & paper products $31K
Raw agricultural goods $11K
Textiles & consumer goods $11K
Precious metals & jewellery $9K
Saint Lucia
Export category Export value
Raw agricultural goods $878K
Raw materials & minerals $454K
Processed food, beverages & tobacco $274K
Chemicals & pharma $266K
Machinery & equipment $157K
Wood & paper products $70K
Textiles & consumer goods $34K
Metals $25K
Miscellaneous $17K
Precious metals & jewellery $10K

Balance of trade

Antigua Saint Lucia
Current account balance
-$181M
2024
-$64.1M
2024
Current account balance ranking
98/190
2024
86/190
2024
Current account balance, % of GDP
-8.22%
2024
-2.52%
2024
Goods imports
$726M
2024
$848M
2024
Goods exports
$72.1M
2024
$137M
2024
Service imports
$557M
2024
$598M
2024
Service exports
$1.24B
2024
$1.46B
2024
Imports of goods and services, % of GDP
63%
2022
n/a
Exports of goods and services, % of GDP
54.7%
2022
19%
2025

Economic freedom indices

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

Antigua Saint Lucia
Economic freedom 56 67.5
Economic freedom ranking 125/197 57/197
Property rights n/a 64.3
Government integrity n/a 59.7
Judicial effectiveness n/a 77.3
Tax burden n/a 77.7
Government spending n/a 82.6
Fiscal health n/a 80
Business freedom n/a 71.9
Labor freedom n/a 65.2
Monetary freedom n/a 81
Trade freedom n/a 60
Investment freedom n/a 50
Financial freedom n/a 40

Other economic metrics

Antigua Saint Lucia
Services, % of GDP
69.1%
2023
75.9%
2024
Industry, % of GDP
19%
2023
9.75%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
1.13%
2024
GNI, Atlas method
$1.98B
2024
$2.27B
2024
GNI per capita, PPP
$31,730
2024
$24,840
2024
Total reserves including gold
$358M
2024
$406M
2024
Total reserves ranking
164/177
2024
162/177
2024
Net foreign direct investment
-$253M
2024
-$187M
2024
Net inflows of foreign direct investment
$246M
2024
$187M
2024
Net outflows of foreign direct investment
-$68.4K
2024
-$350K
2024
Servicing debt to the IMF, % of GNI n/a
3.42%
2024
Poverty at national poverty lines n/a
25%
2016

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-lucia | 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 (1985–1989, retrieved 2026-02-20)
  5. TradeMap (2020–2024, retrieved 2026-02-08)
  6. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  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.