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Economy of Antigua and Barbuda vs Sri Lanka compared: GDP & Debt

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $99B for Sri Lanka, ranking 177/197 and 72/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $99.8B (100.8% of GDP) in Sri Lanka.

Antigua and Barbuda vs Sri Lanka GDP by year

Antigua and Barbuda
Sri Lanka
1x
Year GDP, current $
Antigua Sri Lanka
2024 $2,207,622,874 $98,963,185,510
2023 $2,005,785,185 $83,716,142,582
2022 $1,866,566,667 $74,143,020,263
2021 $1,602,125,926 $88,556,698,938
2020 $1,411,637,037 $84,335,574,582
2019 $1,726,448,148 $88,998,706,297
2018 $1,661,529,630 $94,450,015,983
2017 $1,534,855,556 $94,369,350,286
2016 $1,489,603,704 $88,000,211,172
2015 $1,437,485,185 $85,090,301,052
2014 $1,378,707,407 $82,531,125,191
2013 $1,325,496,296 $76,976,203,829
2012 $1,364,729,630 $70,447,217,164
2011 $1,287,359,259 $67,753,285,897
2010 $1,298,348,148 $58,636,049,434
2009 $1,386,518,519 $42,066,224,093
2008 $1,557,640,741 $40,713,826,215
2007 $1,487,381,481 $32,350,238,760
2006 $1,303,674,074 $28,267,410,543
2005 $1,143,896,296 $24,405,791,045
2004 $1,026,329,630 $20,662,525,941
2003 $948,100,000 $18,881,765,437
2002 $898,092,593 $16,536,535,647
2001 $877,774,074 $15,749,753,805
2000 $901,003,704 $16,595,882,819
1999 $835,544,444 $15,711,933,513
1998 $789,788,889 $15,760,736,956
1997 $734,422,222 $15,091,913,884
1996 $679,140,741 $13,897,738,375
1995 $616,051,852 $13,029,697,561
1994 $625,081,481 $11,717,604,209
1993 $565,662,963 $10,338,679,636
1992 $525,133,333 $9,703,011,636
1991 $504,337,037 $9,000,362,582
1990 $478,718,519 $8,032,551,173
1989 $455,174,074 $6,987,267,684
1988 $411,396,296 $6,978,371,581
1987 $346,866,667 $6,682,167,120
1986 $297,562,963 $6,405,210,564
1985 $246,370,370 $5,978,460,972
1984 $212,214,815 $6,043,474,843
1983 $184,866,667 $5,167,913,302
1982 $166,444,444 $4,768,765,017
1981 $149,388,889 $4,415,844,156
1980 $132,451,852 $4,024,621,900
1979 $109,596,296 $3,364,611,432
1978 $88,040,741 $2,733,183,857
1977 $77,507,407 $4,104,509,583
1976 - $3,591,319,857
1975 - $3,791,298,146
1974 - $3,574,586,466
1973 - $2,875,625,000
1972 - $2,553,936,348
1971 - $2,369,308,600
1970 - $2,296,470,588
1969 - $1,965,546,218
1968 - $1,801,344,538
1967 - $1,859,465,021
1966 - $1,751,470,588
1965 - $1,698,319,328
1964 - $1,309,747,899
1963 - $1,240,672,269
1962 - $1,434,156,379
1961 - $1,444,327,731
1960 - $1,409,873,950

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

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

GDP per capita in Antigua and Barbuda vs Sri Lanka by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Sri Lanka
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Sri Lanka
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $4,516 $15,633
2023 $21,495 $31,602 $3,799 $14,456
2022 $20,105 $29,934 $3,343 $14,194
2021 $17,349 $25,745 $3,997 $14,316
2020 $15,370 $22,370 $3,848 $12,941
2019 $18,896 $26,551 $4,082 $14,113
2018 $18,273 $24,524 $4,359 $14,178
2017 $16,966 $21,422 $4,399 $13,610
2016 $16,557 $21,320 $4,149 $13,079
2015 $16,078 $20,985 $4,058 $12,227
2014 $15,532 $21,671 $3,972 $11,721
2013 $15,052 $21,761 $3,739 $11,253
2012 $15,640 $23,012 $3,328 $10,249
2011 $14,912 $23,804 $3,225 $9,076
2010 $15,217 $24,071 $2,808 $8,234
2009 $16,472 $26,157 $2,027 $7,576
2008 $18,787 $29,978 $1,974 $7,317
2007 $18,205 $29,851 $1,579 $6,820
2006 $16,174 $26,949 $1,389 $6,261
2005 $14,369 $23,485 $1,207 $5,679
2004 $13,038 $21,629 $1,029 $5,216
2003 $12,173 $20,127 $946 $4,850
2002 $11,659 $18,813 $835 $4,522
2001 $11,539 $18,569 $804 $4,328
2000 $12,027 $19,319 $860 $4,368
1999 $11,342 $18,088 $829 $4,103
1998 $10,907 $17,496 $848 $3,952
1997 $10,336 $16,836 $827 $3,804
1996 $9,756 $16,017 $776 $3,582
1995 $9,034 $15,062 $742 $3,454
1994 $9,351 $15,736 $678 $3,260
1993 $8,625 $14,720 $607 $3,067
1992 $8,154 $13,908 $580 $2,851
1991 $7,956 $13,658 $546 $2,713
1990 $7,591 $12,996 $491 $2,527
1989 $7,188 - $430 -
1988 $6,466 - $434 -
1987 $5,424 - $420 -
1986 $4,629 - $407 -
1985 $3,814 - $385 -
1984 $3,271 - $391 -
1983 $2,847 - $336 -
1982 $2,569 - $312 -
1981 $2,310 - $292.5 -
1980 $2,053 - $271.1 -
1979 $1,705 - $230.8 -
1978 $1,375 - $191 -
1977 $1,214 - $292.1 -
1976 - - $260.3 -
1975 - - $279.8 -
1974 - - $268.7 -
1973 - - $220.2 -
1972 - - $199.4 -
1971 - - $188.8 -
1970 - - $186.9 -
1969 - - $163.6 -
1968 - - $153.5 -
1967 - - $162.3 -
1966 - - $156.6 -
1965 - - $155.6 -
1964 - - $122.9 -
1963 - - $119.4 -
1962 - - $141.4 -
1961 - - $145.9 -
1960 - - $145.9 -

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

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $4,516 in Sri Lanka, ranking 124/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Sri Lanka ranks 111th at $15,633.

Economic indicators

Antigua Sri Lanka
Gross domestic product
$2.21B
2024
$99B
2024
GDP rank
177/197
2024
72/197
2024
GDP growth
3.66%
2023-2024
5.01%
2023-2024
GDP per capita
$23,542
2024
$4,516
2024
GDP per capita rank
53/197
2024
124/197
2024
GDP per capita, PPP
$33,386
2024
$15,633
2024
GDP per capita PPP rank
66/197
2024
111/197
2024
Government debt
$1.49B
2024
$99.8B
2024
Debt-to-GDP ratio
67.6%
2024
100.8%
2024
Government debt per person
$15,910
2024
$4,554
2024
Government debt per person rank
39/185
2024
85/185
2024
Average annual personal income after taxes
$16,563
2026
$2,874
2026
Market capitalization of domestic companies n/a
$19.5B
2024
Income share by richest 10% n/a
30.8%
2019
Income share by poorest 10% n/a
3.1%
2019
Government expenditure, % of GDP
19.8%
2024
19.3%
2024
Consumer prices inflation
6.2%
2023-2024
-0.43%
2023-2024
Central bank interest rate n/a
7.75%
2025
Unemployment rate
5.37%
2023
4.67%
2023
Population
94757
22185425

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Sri Lanka
Spending

Debt
1x
Year % of GDP
Antigua Sri Lanka
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 19.3% 100.8%
2023 18.8% 76.3% 19.5% 110.4%
2022 20.7% 82% 18.6% 115.9%
2021 23.4% 93% 20% 102.7%
2020 26% 100.5% 22.1% 96.9%
2019 22.1% 81.6% 19.5% 82.6%
2018 21.5% 84.3% 17.5% 83.6%
2017 22.6% 88.2% 17.9% 72.3%
2016 23.8% 83.1% 18.2% 75%
2015 24.8% 92.1% 19.3% 76.3%
2014 20.9% 91.9% 17.2% 69.6%
2013 20.7% 85.4% 16.6% 69.5%
2012 18.5% 76.9% 17.3% 67.5%
2011 21.1% 81.1% 19.1% 69.4%
2010 20% 79.4% 19.3% 68.7%
2009 32.1% 89.2% 21% 72.8%
2008 23.2% 66.8% 19.1% 68.8%
2007 23.8% 68.7% 19.9% 71.8%
2006 26% 79.1% 20.5% 74.3%
2005 21.5% 82.8% 20.1% 76.6%
2004 21.9% 107.7% 19.3% 86.5%
2003 24.2% 113% 19.3% 86.5%
2002 26.3% 114.5% 20.8% 96.3%
2001 24.2% 107.6% 22.4% 84.4%
2000 21.1% 96.4% 21.7% 79.2%
1999 20.3% 95.9% 20.5% 77.7%
1998 20.7% 94.6% 21.4% 74.2%
1997 16.8% 80.6% 21.4% 70.1%
1996 19.6% 85.5% 23.1% 76.2%
1995 21% 92.1% 24.8% 77.8%
1994 21.2% 84.5% 24.1% 77.9%
1993 19.4% 85.3% 23.2% 79.2%
1992 18.7% 90.8% 23% 77.9%
1991 20.8% 94.6% 26.4% 80.5%
1990 18.1% 94.1% 25.4% 78.9%

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

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Sri Lanka spent $19.1B, or 19.3% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 100.8% in Sri Lanka, ranking 63/185 and 23/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Sri Lanka
1x
Year Deficit/surplus, % of GDP
Antigua Sri Lanka
2024 1.61% -5.64%
2023 -1.7% -8.32%
2022 -2.84% -10.2%
2021 -4.52% -11.7%
2020 -6.23% -13.4%
2019 -3.64% -7.52%
2018 -2.43% -4.96%
2017 -2.72% -5.1%
2016 -0.14% -5%
2015 -2.42% -6.64%
2014 -2.6% -5.99%
2013 -3.83% -5%
2012 -0.97% -5.44%
2011 -3.09% -6.01%
2010 -0.24% -6.73%
2009 -15.8% -8.33%
2008 -4.72% -5.93%
2007 -4.98% -5.81%
2006 -6.62% -5.91%
2005 -4.29% -5.93%
2004 -3.9% -6.32%
2003 -7.32% -6.15%
2002 -8.83% -6.9%
2001 -8.58% -8.48%
2000 -4.5% -7.78%
1999 -3.08% -5.58%
1998 -1.62% -6.79%
1997 0% -5.71%
1996 -1.61% -6.89%
1995 -3.89% -7.11%
1994 -4.33% -7.41%
1993 -2.45% -5.77%
1992 -0.81% -4.95%
1991 -3.91% -7.97%
1990 0.12% -6.39%

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

GeoRank.org/economy/antigua-and-barbuda/sri-lanka | 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 Sri Lanka's deficit of $5.58B, or 5.64% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Sri Lanka ran a deficit in 35 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 6.85% of GDP for Sri Lanka.

Inflation comparison by year

Inflation
Antigua and Barbuda

Sri Lanka
1x
Year Consumer prices inflation
Antigua Sri Lanka
2024 6.2% -0.43%
2023 5.1% 16.5%
2022 7.5% 49.7%
2021 1.6% 7.01%
2020 1.1% 6.15%
2019 1.4% 3.53%
2018 1.2% 2.14%
2017 2.4% 7.7%
2016 -0.5% 3.96%
2015 1% 3.77%
2014 1.1% 3.18%
2013 1.1% 6.91%
2012 3.4% 7.54%
2011 3.5% 6.72%
2010 3.4% 6.22%
2009 -0.6% 3.46%
2008 5.3% 22.6%
2007 1.4% 15.8%
2006 1.8% 10%
2005 2.1% 11.6%
2004 2% 7.58%
2003 2% 6.31%
2002 2.4% 9.55%
2001 1.9% 14.2%
2000 -0.2% 6.18%
1999 1.1% 4.69%
1998 3.3% 9.36%
1997 0.4% 9.57%

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/sri-lanka | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 9.34% in Sri Lanka. In 2024, inflation was 6.2% in Antigua and Barbuda and -0.43% in Sri Lanka.

Top exports between countries

Antigua
Export category Export value
Sri Lanka
Export category Export value
Textiles & consumer goods $246K
Raw agricultural goods $47K
Processed food, beverages & tobacco $33K
Raw materials & minerals $24K
Chemicals & pharma $4K
Machinery & equipment $1K

Balance of trade

Antigua Sri Lanka
Current account balance
-$181M
2024
$1.21B
2024
Current account balance ranking
98/190
2024
53/190
2024
Current account balance, % of GDP
-8.22%
2024
+1.22%
2024
Goods imports
$726M
2024
$18.8B
2024
Goods exports
$72.1M
2024
$12.8B
2024
Service imports
$557M
2024
$3.48B
2024
Service exports
$1.24B
2024
$6.91B
2024
Imports of goods and services, % of GDP
63%
2022
22.5%
2024
Exports of goods and services, % of GDP
54.7%
2022
19.9%
2024

Economic freedom indices

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

Antigua Sri Lanka
Economic freedom 56 50.3
Economic freedom ranking 125/197 162/197
Property rights n/a 47.3
Government integrity n/a 37.3
Judicial effectiveness n/a 47.2
Tax burden n/a 77
Government spending n/a 89
Fiscal health n/a 0
Business freedom n/a 60.1
Labor freedom n/a 54.3
Monetary freedom n/a 65.9
Trade freedom n/a 65.6
Investment freedom n/a 30
Financial freedom n/a 30

Other economic metrics

Antigua Sri Lanka
Services, % of GDP
69.1%
2023
57.5%
2024
Industry, % of GDP
19%
2023
25.5%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
8.3%
2024
GNI, Atlas method
$1.98B
2024
$84.6B
2024
GNI per capita, PPP
$31,730
2024
$15,240
2024
Total reserves including gold
$358M
2024
$6.09B
2024
Total reserves ranking
164/177
2024
92/177
2024
Net foreign direct investment
-$253M
2024
-$651M
2024
Net inflows of foreign direct investment
$246M
2024
$761M
2024
Net outflows of foreign direct investment
-$68.4K
2024
$110M
2024
Servicing debt to the IMF, % of GNI n/a
4.98%
2024
Poverty at national poverty lines n/a
14.3%
2019
Gross capital formation, % of GDP n/a
27%
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/sri-lanka | 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. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. TradeMap (2021–2024, 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.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

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.