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

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $937B for Switzerland, ranking 177/197 and 20/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $351B (37.5% of GDP) in Switzerland.

Antigua and Barbuda vs Switzerland GDP by year

Antigua and Barbuda
Switzerland
1x
Year GDP, current $
Antigua Switzerland
2024 $2,207,622,874 $936,564,198,049
2023 $2,005,785,185 $894,424,821,645
2022 $1,866,566,667 $828,508,926,958
2021 $1,602,125,926 $815,309,330,987
2020 $1,411,637,037 $741,999,406,006
2019 $1,726,448,148 $721,369,112,727
2018 $1,661,529,630 $725,568,717,468
2017 $1,534,855,556 $695,200,833,086
2016 $1,489,603,704 $687,895,460,903
2015 $1,437,485,185 $694,118,186,380
2014 $1,378,707,407 $726,537,808,338
2013 $1,325,496,296 $706,234,937,371
2012 $1,364,729,630 $686,420,221,558
2011 $1,287,359,259 $715,888,126,682
2010 $1,298,348,148 $598,851,028,907
2009 $1,386,518,519 $554,212,916,092
2008 $1,557,640,741 $567,267,767,519
2007 $1,487,381,481 $490,740,715,595
2006 $1,303,674,074 $441,634,672,197
2005 $1,143,896,296 $418,284,865,885
2004 $1,026,329,630 $403,912,891,033
2003 $948,100,000 $362,075,086,508
2002 $898,092,593 $309,301,422,430
2001 $877,774,074 $286,582,672,434
2000 $901,003,704 $279,216,033,870
1999 $835,544,444 $297,873,643,323
1998 $789,788,889 $303,459,014,347
1997 $734,422,222 $294,788,198,856
1996 $679,140,741 $340,103,959,547
1995 $616,051,852 $352,835,806,342
1994 $625,081,481 $301,375,055,202
1993 $565,662,963 $272,237,527,071
1992 $525,133,333 $279,921,425,828
1991 $504,337,037 $268,901,693,863
1990 $478,718,519 $265,763,573,999
1989 $455,174,074 $208,105,846,934
1988 $411,396,296 $215,540,625,299
1987 $346,866,667 $199,236,370,038
1986 $297,562,963 $159,089,921,063
1985 $246,370,370 $110,980,314,192
1984 $212,214,815 $109,455,312,168
1983 $184,866,667 $114,634,358,535
1982 $166,444,444 $115,043,365,512
1981 $149,388,889 $112,244,805,519
1980 $132,451,852 $122,557,843,886
1979 $109,596,296 $114,970,094,425
1978 $88,040,741 $102,280,472,036
1977 $77,507,407 $73,135,771,167
1976 - $68,476,524,644
1975 - $65,466,081,819
1974 - $57,103,011,446
1973 - $49,550,006,320
1972 - $36,844,318,854
1971 - $30,040,171,751
1970 - $24,998,066,773
1969 - $22,442,043,274
1968 - $20,712,102,794
1967 - $19,397,044,714
1966 - $18,019,402,374
1965 - $16,780,226,225
1964 - $15,833,133,858
1963 - $14,283,872,299
1962 - $12,989,649,694
1961 - $11,713,348,834
1960 - $10,412,232,621

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

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

GDP per capita in Antigua and Barbuda vs Switzerland by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Switzerland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Switzerland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $103,998 $96,498
2023 $21,495 $31,602 $100,624 $95,142
2022 $20,105 $29,934 $94,395 $94,421
2021 $17,349 $25,745 $93,665 $81,001
2020 $15,370 $22,370 $85,898 $72,998
2019 $18,896 $26,551 $84,122 $73,732
2018 $18,273 $24,524 $85,217 $70,689
2017 $16,966 $21,422 $82,254 $68,194
2016 $16,557 $21,320 $82,153 $67,351
2015 $16,078 $20,985 $83,806 $65,265
2014 $15,532 $21,671 $88,725 $63,417
2013 $15,052 $21,761 $87,304 $61,656
2012 $15,640 $23,012 $85,836 $59,441
2011 $14,912 $23,804 $90,477 $57,494
2010 $15,217 $24,071 $76,531 $54,426
2009 $16,472 $26,157 $71,568 $52,999
2008 $18,787 $29,978 $74,175 $53,809
2007 $18,205 $29,851 $64,989 $50,928
2006 $16,174 $26,949 $59,011 $46,266
2005 $14,369 $23,485 $56,243 $41,525
2004 $13,038 $21,629 $54,659 $40,171
2003 $12,173 $20,127 $49,336 $38,732
2002 $11,659 $18,813 $42,459 $38,705
2001 $11,539 $18,569 $39,639 $37,819
2000 $12,027 $19,319 $38,865 $36,703
1999 $11,342 $18,088 $41,696 $34,743
1998 $10,907 $17,496 $42,681 $33,860
1997 $10,336 $16,836 $41,584 $32,736
1996 $9,756 $16,017 $48,093 $31,509
1995 $9,034 $15,062 $50,114 $30,842
1994 $9,351 $15,736 $43,092 $30,265
1993 $8,625 $14,720 $39,237 $29,495
1992 $8,154 $13,908 $40,714 $29,113
1991 $7,956 $13,658 $39,544 $28,792
1990 $7,591 $12,996 $39,575 $28,461
1989 $7,188 - $31,309 -
1988 $6,466 - $32,690 -
1987 $5,424 - $30,441 -
1986 $4,629 - $24,460 -
1985 $3,814 - $17,152 -
1984 $3,271 - $16,991 -
1983 $2,847 - $17,859 -
1982 $2,569 - $18,000 -
1981 $2,310 - $17,665 -
1980 $2,053 - $19,394 -
1979 $1,705 - $18,266 -
1978 $1,375 - $16,282 -
1977 $1,214 - $11,644 -
1976 - - $10,865 -
1975 - - $10,328 -
1974 - - $9,005 -
1973 - - $7,856 -
1972 - - $5,885 -
1971 - - $4,835 -
1970 - - $4,044 -
1969 - - $3,657 -
1968 - - $3,413 -
1967 - - $3,237 -
1966 - - $3,045 -
1965 - - $2,865 -
1964 - - $2,735 -
1963 - - $2,508 -
1962 - - $2,330 -
1961 - - $2,155 -
1960 - - $1,954 -

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

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

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $103,998 in Switzerland, ranking 5/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Switzerland ranks 8th at $96,498.

Economic indicators

Antigua Switzerland
Gross domestic product
$2.21B
2024
$937B
2024
GDP rank
177/197
2024
20/197
2024
GDP growth
3.66%
2023-2024
1.3%
2023-2024
GDP per capita
$23,542
2024
$103,998
2024
GDP per capita rank
53/197
2024
5/197
2024
GDP per capita, PPP
$33,386
2024
$96,498
2024
GDP per capita PPP rank
66/197
2024
8/197
2024
Government debt
$1.49B
2024
$351B
2024
Debt-to-GDP ratio
67.6%
2024
37.5%
2024
Government debt per person
$15,910
2024
$39,021
2024
Government debt per person rank
39/185
2024
15/185
2024
Average annual personal income after taxes
$16,563
2026
$85,867
2026
Market capitalization of domestic companies n/a
$1.97T
2024
Number of millionaires n/a
1,119,000
2025
Number of billionaires n/a
42
2025
Income share by richest 10% n/a
26.6%
2022
Income share by poorest 10% n/a
2.9%
2022
Government expenditure, % of GDP
19.8%
2024
31.9%
2024
Consumer prices inflation
6.2%
2023-2024
1.06%
2023-2024
Central bank interest rate n/a
0%
2025
Unemployment rate
5.37%
2023
4.34%
2024
Population
94757
9107866

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Switzerland
Spending

Debt
1x
Year % of GDP
Antigua Switzerland
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 31.9% 37.5%
2023 18.8% 76.3% 32.1% 38.7%
2022 20.7% 82% 31.6% 37.2%
2021 23.4% 93% 34.4% 41%
2020 26% 100.5% 37% 43.2%
2019 22.1% 81.6% 32% 39.6%
2018 21.5% 84.3% 31.7% 39.8%
2017 22.6% 88.2% 32.4% 41.8%
2016 23.8% 83.1% 32.4% 40.9%
2015 24.8% 92.1% 32.5% 42.2%
2014 20.9% 91.9% 32.2% 42.1%
2013 20.7% 85.4% 32.5% 41.9%
2012 18.5% 76.9% 31.7% 42.6%
2011 21.1% 81.1% 31.4% 41.9%
2010 20% 79.4% 31.4% 41.5%
2009 32.1% 89.2% 31.8% 43.1%
2008 23.2% 66.8% 30% 44.8%
2007 23.8% 68.7% 29.4% 44.8%
2006 26% 79.1% 30.5% 48.5%
2005 21.5% 82.8% 32.4% 54.9%
2004 21.9% 107.7% 33.1% 57.8%
2003 24.2% 113% 33.2% 56.9%
2002 26.3% 114.5% 34.1% 57.7%
2001 24.2% 107.6% 31.6% 51.1%
2000 21.1% 96.4% 32.2% 52.2%
1999 20.3% 95.9% 33.2% 52.7%
1998 20.7% 94.6% 32.7% 55.9%
1997 16.8% 80.6% 32.9% 53.7%
1996 19.6% 85.5% 33% 51.3%
1995 21% 92.1% 32.4% 50%
1994 21.2% 84.5% 32.5% 47.1%
1993 19.4% 85.3% 32.5% 44.4%
1992 18.7% 90.8% 31.3% 39.5%
1991 20.8% 94.6% 29.5% 35.1%
1990 18.1% 94.1% 27.6% 33.3%
1989 - - 30% 32.5%
1988 - - 30.3% 35%
1987 - - 29.8% 36.5%
1986 - - 29.8% 37.6%
1985 - - 30.1% 39.1%
1984 - - 30.4% 39.8%
1983 - - 31.2% 40.2%
1982 - - 30.5% 40%
1981 - - 29.4% 40.8%
1980 - - 29.9% 43.9%
1979 - - 30.5% 44.6%
1978 - - 30.4% 46.6%
1977 - - 31% 46.9%
1976 - - 31.6% 46.7%
1975 - - 29.3% 42.3%
1974 - - 27.5% 38.4%
1973 - - 26.5% 37%
1972 - - 25.7% 38%
1971 - - 25.4% 38.7%
1970 - - 25.8% 38.9%
1969 - - 9.45% 7.08%
1968 - - 8.87% 6.99%
1967 - - 8.68% 7.26%
1966 - - 8.95% 7.62%
1965 - - 8.33% 8.28%
1964 - - 8.85% 9.43%
1963 - - 8.2% 10.8%
1962 - - 8.1% 12%
1961 - - 7.97% 14%
1960 - - 7.11% 16.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while Switzerland spent $299B, or 31.9% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 37.5% in Switzerland, ranking 63/185 and 141/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Switzerland
1x
Year Deficit/surplus, % of GDP
Antigua Switzerland
2024 1.61% 0.58%
2023 -1.7% 0.12%
2022 -2.84% 1.19%
2021 -4.52% -0.29%
2020 -6.23% -3.01%
2019 -3.64% 1.34%
2018 -2.43% 1.29%
2017 -2.72% 1.13%
2016 -0.14% 0.24%
2015 -2.42% 0.55%
2014 -2.6% -0.25%
2013 -3.83% -0.43%
2012 -0.97% 0.24%
2011 -3.09% 0.68%
2010 -0.24% 0.35%
2009 -15.8% 0.5%
2008 -4.72% 1.93%
2007 -4.98% 1.57%
2006 -6.62% 0.85%
2005 -4.29% -0.65%
2004 -3.9% -1.39%
2003 -7.32% -1.36%
2002 -8.83% -1.75%
2001 -8.58% 0.21%
2000 -4.5% 0.28%
1999 -3.08% -1.57%
1998 -1.62% -1.31%
1997 0% -2.33%
1996 -1.61% -2.01%
1995 -3.89% -1.86%
1994 -4.33% -2.59%
1993 -2.45% -3.15%
1992 -0.81% -2.96%
1991 -3.91% -1.85%
1990 0.12% -0.05%
1989 - 0.2%
1988 - 0.42%
1987 - 0.78%
1986 - 0.93%
1985 - -0.25%
1984 - -0.52%
1983 - -1.23%
1982 - -1.21%
1981 - -0.54%
1980 - -1.34%
1979 - -1.79%
1978 - -1.12%
1977 - -1.64%
1976 - -1.89%
1975 - -0.93%
1974 - -1.01%
1973 - -0.93%
1972 - -1.39%
1971 - -1.41%
1970 - -1.44%
1969 - -0.98%
1968 - -0.73%
1967 - -1.07%
1966 - -0.87%
1965 - 0.05%
1964 - 0.77%
1963 - 0.25%
1962 - 0.95%
1961 - 0.34%
1960 - 1.95%
1959 - 0.72%
1958 - 0.59%
1957 - 0.66%
1956 - 2.24%
1955 - 1.1%
1954 - 1.44%
1953 - 0.38%
1952 - -1.17%
1951 - -0.36%
1950 - 1.49%
1949 - 0.04%
1948 - 1.37%
1947 - 1.27%
1946 - 0.52%
1945 - -7.57%
1944 - -9.37%
1943 - -8.55%
1942 - -7.28%
1941 - -8.78%
1940 - -10%
1939 - -5.05%
1938 - -1.53%
1937 - -0.17%
1936 - -0.33%
1935 - -0.23%
1934 - -0.33%
1933 - -0.88%
1932 - -0.3%
1931 - 0.03%
1930 - 0.07%
1929 - 0.22%
1928 - -
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -0.12%
1912 - 0.03%
1911 - -0.006%
1910 - -0.14%
1909 - -0.78%
1908 - -0.1%
1907 - -0.02%
1906 - 0.15%
1905 - 0.41%
1904 - 0.002%
1903 - 0.09%
1902 - 0.02%
1901 - -0.14%
1900 - -0.07%
1899 - 0.1%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/switzerland | 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 Switzerland's surplus of $5.4B, or 0.58% of GDP.

Over the past 35 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Switzerland ran a deficit in 18 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.63% of GDP, compared to deficit of 0.45% of GDP for Switzerland.

Inflation comparison by year

Inflation
Antigua and Barbuda

Switzerland
1x
Year Consumer prices inflation
Antigua Switzerland
2024 6.2% 1.06%
2023 5.1% 2.14%
2022 7.5% 2.84%
2021 1.6% 0.58%
2020 1.1% -0.73%
2019 1.4% 0.36%
2018 1.2% 0.94%
2017 2.4% 0.53%
2016 -0.5% -0.43%
2015 1% -1.14%
2014 1.1% -0.01%
2013 1.1% -0.22%
2012 3.4% -0.69%
2011 3.5% 0.23%
2010 3.4% 0.69%
2009 -0.6% -0.48%
2008 5.3% 2.43%
2007 1.4% 0.73%
2006 1.8% 1.06%
2005 2.1% 1.17%
2004 2% 0.8%
2003 2% 0.64%
2002 2.4% 0.64%
2001 1.9% 0.99%
2000 -0.2% 1.56%
1999 1.1% 0.81%
1998 3.3% 0.02%
1997 0.4% 0.52%

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/switzerland | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 0.61% in Switzerland. In 2024, inflation was 6.2% in Antigua and Barbuda and 1.06% in Switzerland.

Top exports between countries

Antigua
Export category Export value
Precious metals & jewellery $6K
Switzerland
Export category Export value
Precious metals & jewellery $349K
Machinery & equipment $331K
Metals $246K
Textiles & consumer goods $179K
Chemicals & pharma $93K
Raw materials & minerals $1K
Wood & paper products $1K

Balance of trade

Antigua Switzerland
Current account balance
-$181M
2024
$72B
2024
Current account balance ranking
98/190
2024
10/190
2024
Current account balance, % of GDP
-8.22%
2024
+7.69%
2024
Goods imports
$726M
2024
$371B
2024
Goods exports
$72.1M
2024
$502B
2024
Service imports
$557M
2024
$203B
2024
Service exports
$1.24B
2024
$186B
2024
Imports of goods and services, % of GDP
63%
2022
61.9%
2024
Exports of goods and services, % of GDP
54.7%
2022
72.2%
2024

Economic freedom indices

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

Antigua Switzerland
Economic freedom 56 83.7
Economic freedom ranking 125/197 2/197
Property rights n/a 94.4
Government integrity n/a 93.3
Judicial effectiveness n/a 98.3
Tax burden n/a 70.9
Government spending n/a 69.5
Fiscal health n/a 97.2
Business freedom n/a 86.3
Labor freedom n/a 60
Monetary freedom n/a 82.3
Trade freedom n/a 87
Investment freedom n/a 85
Financial freedom n/a 80

Other economic metrics

Antigua Switzerland
Services, % of GDP
69.1%
2023
72%
2024
Industry, % of GDP
19%
2023
24.7%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
0.63%
2024
GNI, Atlas method
$1.98B
2024
$857B
2024
GNI per capita, PPP
$31,730
2024
$93,420
2024
Total reserves including gold
$358M
2024
$909B
2024
Total reserves ranking
164/177
2024
4/177
2024
Net foreign direct investment
-$253M
2024
$59.7B
2024
Net inflows of foreign direct investment
$246M
2024
-$108B
2024
Net outflows of foreign direct investment
-$68.4K
2024
-$27.9B
2024
Poverty at national poverty lines n/a
15.8%
2021
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/switzerland | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  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.

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.