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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $141B for Slovakia, ranking 177/197 and 61/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $80.7B (57.2% of GDP) in Slovakia.

Antigua and Barbuda vs Slovakia GDP by year

Antigua and Barbuda
Slovakia
1x
Year GDP, current $
Antigua Slovakia
2024 $2,207,622,874 $140,934,076,532
2023 $2,005,785,185 $133,578,518,424
2022 $1,866,566,667 $115,792,972,358
2021 $1,602,125,926 $120,511,265,913
2020 $1,411,637,037 $107,732,602,896
2019 $1,726,448,148 $105,843,498,304
2018 $1,661,529,630 $106,611,673,365
2017 $1,534,855,556 $95,978,130,735
2016 $1,489,603,704 $90,347,173,229
2015 $1,437,485,185 $89,178,548,717
2014 $1,378,707,407 $101,713,075,599
2013 $1,325,496,296 $99,134,277,850
2012 $1,364,729,630 $94,724,394,278
2011 $1,287,359,259 $99,705,104,723
2010 $1,298,348,148 $91,112,160,801
2009 $1,386,518,519 $89,342,984,698
2008 $1,557,640,741 $100,830,060,553
2007 $1,487,381,481 $86,587,749,518
2006 $1,303,674,074 $70,751,813,443
2005 $1,143,896,296 $62,547,753,148
2004 $1,026,329,630 $57,215,475,076
2003 $948,100,000 $46,616,149,117
2002 $898,092,593 $35,243,658,399
2001 $877,774,074 $30,726,659,551
2000 $901,003,704 $29,215,726,005
1999 $835,544,444 $30,496,272,225
1998 $789,788,889 $29,976,207,629
1997 $734,422,222 $27,844,628,979
1996 $679,140,741 $28,197,790,875
1995 $616,051,852 $26,180,022,222
1994 $625,081,481 $20,428,139,756
1993 $565,662,963 $16,737,973,764
1992 $525,133,333 $15,699,327,209
1991 $504,337,037 $14,459,924,589
1990 $478,718,519 $12,915,046,978
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/slovakia | CC BY

GDP per capita in Antigua and Barbuda vs Slovakia by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $25,993 $48,132
2023 $21,495 $31,602 $24,615 $45,974
2022 $20,105 $29,934 $21,318 $41,562
2021 $17,349 $25,745 $22,123 $38,346
2020 $15,370 $22,370 $19,735 $35,328
2019 $18,896 $26,551 $19,406 $33,986
2018 $18,273 $24,524 $19,573 $31,510
2017 $16,966 $21,422 $17,646 $30,246
2016 $16,557 $21,320 $16,636 $29,868
2015 $16,078 $20,985 $16,442 $30,148
2014 $15,532 $21,671 $18,771 $29,108
2013 $15,052 $21,761 $18,313 $28,075
2012 $15,640 $23,012 $17,517 $27,023
2011 $14,912 $23,804 $18,469 $26,202
2010 $15,217 $24,071 $16,899 $25,382
2009 $16,472 $26,157 $16,587 $23,077
2008 $18,787 $29,978 $18,744 $23,714
2007 $18,205 $29,851 $16,110 $21,232
2006 $16,174 $26,949 $13,168 $18,906
2005 $14,369 $23,485 $11,642 $16,570
2004 $13,038 $21,629 $10,650 $15,166
2003 $12,173 $20,127 $8,675 $14,088
2002 $11,659 $18,813 $6,555 $13,292
2001 $11,539 $18,569 $5,712 $12,367
2000 $12,027 $19,319 $5,422 $11,370
1999 $11,342 $18,088 $5,652 $10,726
1998 $10,907 $17,496 $5,561 $10,666
1997 $10,336 $16,836 $5,172 $10,137
1996 $9,756 $16,017 $5,248 $9,500
1995 $9,034 $15,062 $4,883 $8,812
1994 $9,351 $15,736 $3,821 $8,178
1993 $8,625 $14,720 $3,143 $7,569
1992 $8,154 $13,908 $2,959 $7,270
1991 $7,956 $13,658 $2,727 $7,623
1990 $7,591 $12,996 $2,437 $8,638
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/slovakia | CC BY

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $25,993 in Slovakia, ranking 47/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Slovakia ranks 49th at $48,132.

Economic indicators

Antigua Slovakia
Gross domestic product
$2.21B
2024
$141B
2024
GDP rank
177/197
2024
61/197
2024
GDP growth
3.66%
2023-2024
1.94%
2023-2024
GDP per capita
$23,542
2024
$25,993
2024
GDP per capita rank
53/197
2024
47/197
2024
GDP per capita, PPP
$33,386
2024
$48,132
2024
GDP per capita PPP rank
66/197
2024
49/197
2024
Government debt
$1.49B
2024
$80.7B
2024
Debt-to-GDP ratio
67.6%
2024
57.2%
2024
Government debt per person
$15,910
2024
$14,876
2024
Government debt per person rank
39/185
2024
40/185
2024
Average annual personal income after taxes
$16,563
2026
$17,983
2026
Market capitalization of domestic companies n/a
$5.38B
2014
Number of billionaires n/a
2
2025
Income share by richest 10% n/a
18.8%
2023
Income share by poorest 10% n/a
3.3%
2023
Government expenditure, % of GDP
19.8%
2024
47.1%
2024
Consumer prices inflation
6.2%
2023-2024
2.76%
2023-2024
Unemployment rate
5.37%
2023
5.34%
2024
Population
94757
5359438

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Antigua Slovakia
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 47.1% 57.2%
2023 18.8% 76.3% 48% 55.6%
2022 20.7% 82% 43% 57.7%
2021 23.4% 93% 44.9% 60.2%
2020 26% 100.5% 44.5% 58.4%
2019 22.1% 81.6% 40.6% 48%
2018 21.5% 84.3% 39.7% 49.3%
2017 22.6% 88.2% 39.8% 51.4%
2016 23.8% 83.1% 40.9% 52.1%
2015 24.8% 92.1% 44.1% 51.6%
2014 20.9% 91.9% 42% 53.4%
2013 20.7% 85.4% 41.1% 54.6%
2012 18.5% 76.9% 40% 51.7%
2011 21.1% 81.1% 40.8% 43.3%
2010 20% 79.4% 41% 40.7%
2009 32.1% 89.2% 43.2% 36.4%
2008 23.2% 66.8% 36.5% 28.6%
2007 23.8% 68.7% 35.9% 30.4%
2006 26% 79.1% 38.2% 31.5%
2005 21.5% 82.8% 39.1% 35%
2004 21.9% 107.7% 38.4% 42%
2003 24.2% 113% 40% 43.6%
2002 26.3% 114.5% 46% 45.6%
2001 24.2% 107.6% 46.2% 51.4%
2000 21.1% 96.4% 53.2% 50.6%
1999 20.3% 95.9% 48.4% 47.1%
1998 20.7% 94.6% 46.2% 33.9%
1997 16.8% 80.6% 48.6% 32.8%
1996 19.6% 85.5% 52.8% 30.3%
1995 21% 92.1% 47.8% 21.3%
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/slovakia | CC BY

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Slovakia spent $66.4B, or 47.1% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 57.2% in Slovakia, ranking 63/185 and 90/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Slovakia
1x
Year Deficit/surplus, % of GDP
Antigua Slovakia
2024 1.61% -5.27%
2023 -1.7% -5.15%
2022 -2.84% -1.16%
2021 -4.52% -5.09%
2020 -6.23% -5.3%
2019 -3.64% -1.21%
2018 -2.43% -1.01%
2017 -2.72% -0.98%
2016 -0.14% -2.59%
2015 -2.42% -2.78%
2014 -2.6% -3.25%
2013 -3.83% -2.86%
2012 -0.97% -4.37%
2011 -3.09% -4.36%
2010 -0.24% -7.44%
2009 -15.8% -8.18%
2008 -4.72% -2.54%
2007 -4.98% -2.26%
2006 -6.62% -3.57%
2005 -4.29% -2.86%
2004 -3.9% -2.36%
2003 -7.32% -2.28%
2002 -8.83% -8.35%
2001 -8.58% -7.74%
2000 -4.5% -12.7%
1999 -3.08% -7.25%
1998 -1.62% -5.37%
1997 0% -6.24%
1996 -1.61% -9.72%
1995 -3.89% -3.43%
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/slovakia | 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 Slovakia's deficit of $7.43B, or 5.27% of GDP.

Over the past 30 years, Antigua and Barbuda recorded a fiscal deficit in 28 of those years, while Slovakia ran a deficit in 30 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.85% of GDP, compared to deficit of 4.59% of GDP for Slovakia.

Inflation comparison by year

Inflation
Antigua and Barbuda

Slovakia
1x
Year Consumer prices inflation
Antigua Slovakia
2024 6.2% 2.76%
2023 5.1% 10.5%
2022 7.5% 12.8%
2021 1.6% 3.15%
2020 1.1% 1.94%
2019 1.4% 2.66%
2018 1.2% 2.51%
2017 2.4% 1.31%
2016 -0.5% -0.52%
2015 1% -0.33%
2014 1.1% -0.08%
2013 1.1% 1.4%
2012 3.4% 3.61%
2011 3.5% 3.92%
2010 3.4% 0.96%
2009 -0.6% 1.62%
2008 5.3% 4.6%
2007 1.4% 2.76%
2006 1.8% 4.48%
2005 2.1% 2.71%
2004 2% 7.55%
2003 2% 8.55%
2002 2.4% 3.13%
2001 1.9% 7.33%
2000 -0.2% 12%
1999 1.1% 10.6%
1998 3.3% 6.67%
1997 0.4% 6.14%

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/slovakia | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 4.45% in Slovakia. In 2024, inflation was 6.2% in Antigua and Barbuda and 2.76% in Slovakia.

Top exports between countries

Antigua
Export category Export value
Slovakia
Export category Export value
Textiles & consumer goods $53K
Raw materials & minerals $51K
Machinery & equipment $42K

Balance of trade

Antigua Slovakia
Current account balance
-$181M
2024
-$6.5B
2024
Current account balance ranking
98/190
2024
171/190
2024
Current account balance, % of GDP
-8.22%
2024
-4.61%
2024
Goods imports
$726M
2024
$107B
2024
Goods exports
$72.1M
2024
$106B
2024
Service imports
$557M
2024
$13.2B
2024
Service exports
$1.24B
2024
$13.9B
2024
Imports of goods and services, % of GDP
63%
2022
85.7%
2024
Exports of goods and services, % of GDP
54.7%
2022
85.5%
2024

Economic freedom indices

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

Antigua Slovakia
Economic freedom 56 67.7
Economic freedom ranking 125/197 54/197
Property rights n/a 82.6
Government integrity n/a 57.2
Judicial effectiveness n/a 70.5
Tax burden n/a 75.4
Government spending n/a 36.4
Fiscal health n/a 69.6
Business freedom n/a 71.1
Labor freedom n/a 55.1
Monetary freedom n/a 69.7
Trade freedom n/a 79.4
Investment freedom n/a 75
Financial freedom n/a 70

Other economic metrics

Antigua Slovakia
Services, % of GDP
69.1%
2023
60%
2024
Industry, % of GDP
19%
2023
28.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
1.58%
2024
GNI, Atlas method
$1.98B
2024
$128B
2024
GNI per capita, PPP
$31,730
2024
$47,040
2024
Total reserves including gold
$358M
2024
$14.5B
2024
Total reserves ranking
164/177
2024
68/177
2024
Net foreign direct investment
-$253M
2024
-$2.77B
2024
Net inflows of foreign direct investment
$246M
2024
$5.01B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$2.24B
2024
Poverty at national poverty lines n/a
13.7%
2021
Gross capital formation, % of GDP n/a
20.1%
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/slovakia | 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. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. TradeMap (2022–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.

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.