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

Updated on by Georank

Antigua and Barbuda has a GDP of $2.34B compared to $577B for Thailand, ranking 178/197 and 30/197 by economy size, respectively.

Antigua and Barbuda has $1.63B in government debt (69.7% of GDP), compared to $373B (64.7% of GDP) in Thailand.

Antigua and Barbuda vs Thailand GDP by year

Antigua and Barbuda
Thailand
1x
Year GDP, current $
Antigua Thailand
2025 $2,338,196,296 $577,009,981,112
2024 $2,162,366,667 $529,385,520,942
2023 $2,054,096,296 $517,013,369,475
2022 $1,857,114,815 $495,691,837,308
2021 $1,602,125,926 $506,049,783,825
2020 $1,411,637,037 $500,274,927,779
2019 $1,726,448,148 $543,976,691,794
2018 $1,661,529,630 $506,754,208,404
2017 $1,534,855,556 $456,356,813,537
2016 $1,489,603,704 $413,366,349,748
2015 $1,437,485,185 $401,296,238,228
2014 $1,378,707,407 $407,339,040,198
2013 $1,325,496,296 $420,333,654,593
2012 $1,364,729,630 $397,558,325,279
2011 $1,287,359,259 $370,818,739,624
2010 $1,298,348,148 $341,104,766,329
2009 $1,386,518,519 $281,710,630,187
2008 $1,557,640,741 $291,382,982,431
2007 $1,487,381,481 $262,942,621,455
2006 $1,303,674,074 $221,758,296,022
2005 $1,143,896,296 $189,318,408,469
2004 $1,026,329,630 $172,895,685,155
2003 $948,100,000 $152,280,615,246
2002 $898,092,593 $134,300,904,400
2001 $877,774,074 $120,296,476,180
2000 $901,003,704 $126,392,224,254
1999 $835,544,444 $126,669,211,779
1998 $789,788,889 $113,675,596,788
1997 $734,422,222 $150,180,456,566
1996 $679,140,741 $183,035,237,429
1995 $616,051,852 $169,278,916,593
1994 $625,081,481 $146,683,778,959
1993 $565,662,963 $128,889,262,951
1992 $525,133,333 $111,452,746,518
1991 $504,337,037 $98,234,714,971
1990 $478,718,519 $85,343,190,719
1989 $455,174,074 $72,250,748,100
1988 $411,396,296 $61,667,253,471
1987 $346,866,667 $50,535,446,555
1986 $297,562,963 $43,096,773,981
1985 $246,370,370 $38,900,711,333
1984 $212,214,815 $41,797,647,776
1983 $184,866,667 $40,042,798,388
1982 $166,444,444 $36,589,772,404
1981 $149,388,889 $34,846,039,194
1980 $132,451,852 $32,353,514,989
1979 $109,596,296 $27,371,650,825
1978 $88,040,741 $24,006,566,637
1977 $77,507,407 $19,779,312,261
1976 - $16,985,208,648
1975 - $14,882,770,594
1974 - $13,702,998,512
1973 - $10,838,587,358
1972 - $8,177,873,151
1971 - $7,375,000,024
1970 - $7,086,538,438
1969 - $6,695,336,567
1968 - $6,081,009,428
1967 - $5,638,461,442
1966 - $5,279,230,817
1965 - $4,388,937,649
1964 - $3,889,129,942
1963 - $3,540,403,457
1962 - $3,308,912,797
1961 - $3,034,037,811
1960 - $2,760,750,861

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Antigua and Barbuda vs Thailand by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Thailand
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Thailand
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $24,819 - $8,057 -
2024 $23,060 $33,386 $7,387 $24,712
2023 $22,012 $31,602 $7,211 $23,519
2022 $20,003 $29,934 $6,910 $22,243
2021 $17,349 $25,745 $7,055 $20,243
2020 $15,370 $22,370 $6,983 $19,164
2019 $18,896 $26,551 $7,606 $19,963
2018 $18,273 $24,524 $7,100 $18,876
2017 $16,966 $21,422 $6,413 $17,573
2016 $16,557 $21,320 $5,834 $16,671
2015 $16,078 $20,985 $5,689 $15,791
2014 $15,532 $21,671 $5,801 $15,365
2013 $15,052 $21,761 $6,018 $15,216
2012 $15,640 $23,012 $5,726 $14,617
2011 $14,912 $23,804 $5,374 $13,227
2010 $15,217 $24,071 $4,974 $12,932
2009 $16,472 $26,157 $4,135 $11,964
2008 $18,787 $29,978 $4,309 $12,062
2007 $18,205 $29,851 $3,919 $11,723
2006 $16,174 $26,949 $3,331 $10,912
2005 $14,369 $23,485 $2,868 $10,169
2004 $13,038 $21,629 $2,642 $9,545
2003 $12,173 $20,127 $2,348 $8,824
2002 $11,659 $18,813 $2,090 $8,148
2001 $11,539 $18,569 $1,890 $7,632
2000 $12,027 $19,319 $2,006 $7,289
1999 $11,342 $18,088 $2,033 $6,901
1998 $10,907 $17,496 $1,848 $6,590
1997 $10,336 $16,836 $2,473 $7,148
1996 $9,756 $16,017 $3,055 $7,322
1995 $9,034 $15,062 $2,864 $6,901
1994 $9,351 $15,736 $2,518 $6,341
1993 $8,625 $14,720 $2,245 $5,834
1992 $8,154 $13,908 $1,972 $5,347
1991 $7,956 $13,658 $1,766 $4,914
1990 $7,591 $12,996 $1,559 $4,451
1989 $7,188 - $1,342 -
1988 $6,466 - $1,164 -
1987 $5,424 - $970 -
1986 $4,629 - $842 -
1985 $3,814 - $774 -
1984 $3,271 - $847 -
1983 $2,847 - $827 -
1982 $2,569 - $770 -
1981 $2,310 - $748 -
1980 $2,053 - $709 -
1979 $1,705 - $612 -
1978 $1,375 - $548 -
1977 $1,214 - $462 -
1976 - - $405 -
1975 - - $364 -
1974 - - $343 -
1973 - - $278.3 -
1972 - - $215.6 -
1971 - - $199.7 -
1970 - - $197.1 -
1969 - - $191.4 -
1968 - - $178.8 -
1967 - - $170.7 -
1966 - - $164.5 -
1965 - - $140.9 -
1964 - - $128.6 -
1963 - - $120.7 -
1962 - - $116.2 -
1961 - - $109.7 -
1960 - - $102.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Antigua and Barbuda's GDP per capita is $24,819, ranking 55/197, compared to $8,057 in Thailand, ranking 97/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Thailand ranks 85th at $24,712.

Economic indicators

Antigua Thailand
Gross domestic product
$2.34B
2025
$577B
2025
GDP rank
178/197
2025
30/197
2025
GDP growth
5%
2024-2025
2.44%
2024-2025
GDP per capita
$24,819
2025
$8,057
2025
GDP per capita rank
55/197
2025
97/197
2025
GDP per capita, PPP
$33,386
2024
$24,712
2024
GDP per capita PPP rank
66/197
2024
85/197
2024
Government debt
$1.63B
2025
$373B
2025
Debt-to-GDP ratio
69.7%
2025
64.7%
2025
Government debt per person
$17,310
2025
$5,211
2025
Government debt per person rank
38/185
2025
83/185
2025
Average annual personal income after taxes
$16,750
2026
$7,438
2026
Market capitalization of domestic companies n/a
$512B
2025
Number of millionaires n/a
100,001
2024
Number of billionaires n/a
25
2026
Income share by richest 10% n/a
26%
2024
Income share by poorest 10% n/a
3.4%
2024
Government expenditure, % of GDP
19.3%
2025
23%
2025
Consumer prices inflation
1.4%
2024-2025
-0.13%
2024-2025
Central bank interest rate n/a
1.5%
2025
Unemployment rate
5.37%
2023
0.6%
2025
Population
94846
71565981

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Thailand
Spending

Debt
1x
Year % of GDP
Antigua Thailand
Government spending Government debt Government spending Government debt
2025 19.3% 69.7% 23% 64.7%
2024 20.2% 71.8% 22.6% 62.9%
2023 18.4% 74.5% 22.7% 62.2%
2022 20.8% 82.4% 24.7% 60.5%
2021 23.4% 93% 26.8% 58.4%
2020 26% 100.5% 24.9% 49.4%
2019 22.1% 81.6% 20.6% 41.1%
2018 21.5% 84.3% 21.2% 41.9%
2017 22.6% 88.2% 21.6% 41.8%
2016 23.8% 83.1% 21.4% 41.7%
2015 24.8% 92.1% 22.3% 42.6%
2014 20.9% 91.9% 22.2% 43.3%
2013 20.7% 85.4% 21.6% 42.2%
2012 18.5% 76.9% 22.3% 41.9%
2011 21.1% 81.1% 21.1% 39.1%
2010 20% 79.4% 22% 39.8%
2009 32.1% 89.2% 21.7% 42.4%
2008 23.2% 66.8% 19.2% 34.9%
2007 23.8% 68.7% 20% 36%
2006 26% 79.1% 18.7% 39.2%
2005 21.5% 82.8% 19.6% 45.5%
2004 21.9% 107.7% 19.3% 46.3%
2003 24.2% 113% 18.3% 47.5%
2002 26.3% 114.5% 25.7% 54.9%
2001 24.2% 107.6% 20.8% 57.5%
2000 21.1% 96.4% 19.3% 57.8%
1999 20.3% 95.9% 26.5% 56.6%
1998 20.7% 94.6% 23.9% 49.9%
1997 16.8% 80.6% 21.6% 40.5%
1996 19.6% 85.5% 18% 15.2%
1995 21% 92.1% 17.2% 5.12%
1994 21.2% 84.5% 16% 6.69%
1993 19.4% 85.3% 18.8% 9.14%
1992 18.7% 90.8% 17.8% 11.4%
1991 20.8% 94.6% 17% 14.1%
1990 18.1% 94.1% 16.6% 18%
1989 - - 16.5% 23.7%
1988 - - 15.1% 30.3%
1987 - - 17.5% 38.8%
1986 - - 19.5% 40.1%
1985 - - 20.5% 36.8%
1984 - - 19.3% 30.6%
1983 - - 19.5% 28.9%
1982 - - 20.2% 27.1%
1981 - - 19.1% 24.4%
1980 - - 18.7% 22.1%
1979 - - 16.9% 23.7%
1978 - - 16.6% 22.8%
1977 - - 16.1% 22.4%
1976 - - 15.6% 22%
1975 - - 14.2% 15.8%
1974 - - 13.2% 16.3%
1973 - - 15.9% 21.2%
1972 - - 18.5% 26.8%
1971 - - 18.8% 21.5%
1970 - - 17.6% 18.5%
1969 - - 15.9% 17.7%
1968 - - 16% 15.5%
1967 - - 15.5% 15%
1966 - - 14.7% 14.4%
1965 - - 14.7% 14.8%
1964 - - 13.3% 13.3%
1963 - - 12% 12.6%
1962 - - 11.9% 13.4%
1961 - - 9.58% 12.9%
1960 - - 12.1% 14.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

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

In 2025, Antigua and Barbuda's government spending was $450M, accounting for 19.3% of its GDP, while Thailand spent $133B, or 23% of GDP.

Debt-to-GDP ratio is 69.7% in Antigua and Barbuda and 64.7% in Thailand, ranking 58/185 and 67/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Thailand
1x
Year Deficit/surplus, % of GDP
Antigua Thailand
2025 3.14% -1.91%
2024 1.65% -1.29%
2023 -1.66% -1.91%
2022 -2.86% -4.61%
2021 -4.52% -6.72%
2020 -6.23% -4.47%
2019 -3.64% 0.43%
2018 -2.43% 0.2%
2017 -2.72% -0.51%
2016 -0.14% 0.41%
2015 -2.42% 0.19%
2014 -2.6% -0.7%
2013 -3.83% 0.6%
2012 -0.97% -0.86%
2011 -3.09% 0.09%
2010 -0.24% -1.07%
2009 -15.8% -2.21%
2008 -4.72% 0.8%
2007 -4.98% 0.22%
2006 -6.62% 1.87%
2005 -4.29% 2.17%
2004 -3.9% 1.11%
2003 -7.32% 1.98%
2002 -8.83% -6.72%
2001 -8.58% -1.77%
2000 -4.5% -1.79%
1999 -3.08% -9.02%
1998 -1.62% -6.29%
1997 0% -1.68%
1996 -1.61% 2.75%
1995 -3.89% 3.05%
1994 -4.33% 2.78%
1993 -2.45% 6.67%
1992 -0.81% -0.18%
1991 -3.91% 1.6%
1990 0.12% 1.41%
1989 - 0.16%
1988 - 0.58%
1987 - -2.38%
1986 - -4.32%
1985 - -5.11%
1984 - -3.85%
1983 - -4.02%
1982 - -6.18%
1981 - -4.07%
1980 - -4.41%
1979 - -3.62%
1978 - -3.31%
1977 - -2.91%
1976 - -3.35%
1975 - -1.73%
1974 - 1.29%
1973 - -2.7%
1972 - -4.81%
1971 - -5.47%
1970 - -3.73%
1969 - -2.53%
1968 - -2.79%
1967 - -2.1%
1966 - -1.13%
1965 - -1.05%
1964 - -1.01%
1963 - -0.81%
1962 - -0.27%
1961 - 0.05%
1960 - 0.48%
1959 - -1.15%
1958 - -0.91%
1957 - -1.31%
1956 - -1.38%
1955 - -1.65%
1954 - -3.46%
1953 - -3.56%
1952 - -2.4%
1951 - -3.54%
1950 - -0.7%
1949 - 0.7%
1948 - -0.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1948–1994, retrieved 2026-07-08).

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

In 2025, Antigua and Barbuda's government surplus, the difference between spending and revenue, was $73.4M, equivalent to 3.14% of GDP. This compares to Thailand's deficit of $11B, or 1.91% of GDP.

Over the past 36 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while Thailand ran a deficit in 18 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.44% of GDP, compared to deficit of 0.7% of GDP for Thailand.

Inflation comparison by year

Inflation
Antigua and Barbuda

Thailand
1x
Year Consumer prices inflation
Antigua Thailand
2025 1.4% -0.13%
2024 6.2% 0.4%
2023 5.1% 1.23%
2022 7.5% 6.08%
2021 1.6% 1.23%
2020 1.1% -0.85%
2019 1.4% 0.71%
2018 1.2% 1.07%
2017 2.4% 0.66%
2016 -0.5% 0.19%
2015 1% -0.9%
2014 1.1% 1.89%
2013 1.1% 2.19%
2012 3.4% 3.01%
2011 3.5% 3.81%
2010 3.4% 3.25%
2009 -0.6% -0.85%
2008 5.3% 5.47%
2007 1.4% 2.24%
2006 1.8% 4.64%
2005 2.1% 4.54%
2004 2% 2.76%
2003 2% 1.8%
2002 2.4% 0.7%
2001 1.9% 1.63%
2000 -0.2% 1.59%
1999 1.1% 0.28%
1998 3.3% 7.99%
1997 0.4% 5.63%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.2%, compared with 2.15% in Thailand. In 2025, inflation was 1.4% in Antigua and Barbuda and -0.13% in Thailand.

Top exports between countries

Antigua
Export category Export value
Machinery & equipment $49K
Metals $15K
Thailand
Export category Export value
Machinery & equipment $9.68M
Processed food, beverages & tobacco $343K
Metals $145K
Chemicals & pharma $74K
Textiles & consumer goods $49K
Raw materials & minerals $41K
Precious metals & jewellery $23K
Wood & paper products $21K
Raw agricultural goods $11K

Balance of trade

Antigua Thailand
Current account balance
-$281M
2025
$15.9B
2025
Current account balance ranking
95/190
2025
20/190
2025
Current account balance, % of GDP
-12%
2025
+2.76%
2025
Goods imports
$793M
2025
$312B
2025
Goods exports
$96M
2025
$335B
2025
Service imports
$614M
2025
$77.2B
2025
Service exports
$1.21B
2025
$76.2B
2025
Imports of goods and services, % of GDP
63.3%
2022
67.3%
2025
Exports of goods and services, % of GDP
55%
2022
71.1%
2025

Economic freedom indices

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

Antigua Thailand
Economic freedom 56 62.2
Economic freedom ranking 125/197 88/197
Property rights n/a 41.8
Government integrity n/a 38.9
Judicial effectiveness n/a 35
Tax burden n/a 80.8
Government spending n/a 83.6
Fiscal health n/a 81
Business freedom n/a 69.9
Labor freedom n/a 56.4
Monetary freedom n/a 73.3
Trade freedom n/a 70.2
Investment freedom n/a 55
Financial freedom n/a 60

Other economic metrics

Antigua Thailand
Services, % of GDP
68.7%
2025
60.2%
2025
Industry, % of GDP
18.2%
2025
31.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.49%
2025
8.75%
2025
GNI, Atlas method
$2.24B
2025
$551B
2025
GNI per capita, PPP
$34,670
2025
$25,570
2025
Total reserves including gold
$379M
2025
$282B
2025
Total reserves ranking
165/177
2025
15/177
2025
Net foreign direct investment
-$291M
2025
-$9.51B
2025
Net inflows of foreign direct investment
$246M
2024
$14.3B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$7.36B
2024
Servicing debt to the IMF, % of GNI n/a
3.51%
2024
Poverty at national poverty lines n/a
5.4%
2022
Gross capital formation, % of GDP n/a
22.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1948–1995, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.