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

Updated on by Georank

Antigua and Barbuda has a GDP of $2.34B compared to $49.8B for Turkmenistan, ranking 178/197 and 96/197 by economy size, respectively.

Antigua and Barbuda has $1.63B in government debt (69.7% of GDP), compared to $1.87B (3.76% of GDP) in Turkmenistan.

Antigua and Barbuda vs Turkmenistan GDP by year

Antigua and Barbuda
Turkmenistan
1x
Year GDP, current $
Antigua Turkmenistan
2025 $2,338,196,296 $49,828,621,356
2024 $2,162,366,667 $44,249,447,717
2023 $2,054,096,296 $39,020,211,240
2022 $1,857,114,815 $37,583,913,148
2021 $1,602,125,926 $26,334,182,094
2020 $1,411,637,037 $27,350,527,268
2019 $1,726,448,148 $29,700,000,000
2018 $1,661,529,630 $26,036,313,869
2017 $1,534,855,556 $33,352,261,307
2016 $1,489,603,704 $33,313,947,368
2015 $1,437,485,185 $35,799,714,286
2014 $1,378,707,407 $43,524,210,526
2013 $1,325,496,296 $39,197,543,860
2012 $1,364,729,630 $35,164,210,526
2011 $1,287,359,259 $29,233,333,333
2010 $1,298,348,148 $22,583,157,895
2009 $1,386,518,519 $20,214,385,965
2008 $1,557,640,741 $19,271,523,179
2007 $1,487,381,481 $12,664,165,103
2006 $1,303,674,074 $10,276,674,365
2005 $1,143,896,296 $8,103,901,996
2004 $1,026,329,630 $6,838,351,088
2003 $948,100,000 $5,977,440,583
2002 $898,092,593 $4,462,029,109
2001 $877,774,074 $3,534,772,732
2000 $901,003,704 $2,904,663,311
1999 $835,544,444 $2,450,564,100
1998 $789,788,889 $2,605,689,134
1997 $734,422,222 $2,450,350,625
1996 $679,140,741 $2,378,759,975
1995 $616,051,852 $2,482,228,440
1994 $625,081,481 $2,561,118,608
1993 $565,662,963 $3,179,225,949
1992 $525,133,333 $3,200,539,816
1991 $504,337,037 $3,208,098,919
1990 $478,718,519 $3,189,539,641
1989 $455,174,074 $3,006,988,217
1988 $411,396,296 $3,010,982,414
1987 $346,866,667 $2,331,358,820
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 (1977–2025, retrieved 2026-07-08).

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

GDP per capita in Antigua and Barbuda vs Turkmenistan by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
Turkmenistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua Turkmenistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $24,819 - $6,540 -
2024 $23,060 $33,386 $5,904 $21,213
2023 $22,012 $31,602 $5,298 $19,829
2022 $20,003 $29,934 $5,198 $18,340
2021 $17,349 $25,745 $3,713 $16,434
2020 $15,370 $22,370 $3,935 $15,091
2019 $18,896 $26,551 $4,365 $15,478
2018 $18,273 $24,524 $3,912 $14,368
2017 $16,966 $21,422 $5,126 $13,278
2016 $16,557 $21,320 $5,238 $12,919
2015 $16,078 $20,985 $5,759 $12,715
2014 $15,532 $21,671 $7,164 $12,477
2013 $15,052 $21,761 $6,600 $11,723
2012 $15,640 $23,012 $6,054 $11,035
2011 $14,912 $23,804 $5,144 $10,283
2010 $15,217 $24,071 $4,059 $8,972
2009 $16,472 $26,157 $3,708 $8,285
2008 $18,787 $29,978 $3,606 $7,916
2007 $18,205 $29,851 $2,415 $6,901
2006 $16,174 $26,949 $1,997 $6,164
2005 $14,369 $23,485 $1,604 $5,489
2004 $13,038 $21,629 $1,379 $4,798
2003 $12,173 $20,127 $1,229 $4,536
2002 $11,659 $18,813 $936 $4,393
2001 $11,539 $18,569 $756 $4,401
2000 $12,027 $19,319 $634 $4,209
1999 $11,342 $18,088 $546 $3,981
1998 $10,907 $17,496 $591 $3,432
1997 $10,336 $16,836 $565 $3,222
1996 $9,756 $16,017 $558 $3,636
1995 $9,034 $15,062 $592 $3,405
1994 $9,351 $15,736 $622 $3,659
1993 $8,625 $14,720 $788 $4,422
1992 $8,154 $13,908 $811 $4,351
1991 $7,956 $13,658 $832 $5,117
1990 $7,591 $12,996 $848 $5,321
1989 $7,188 - $821 -
1988 $6,466 - $846 -
1987 $5,424 - $675 -
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 (1977–2025, retrieved 2026-07-08).

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

Antigua and Barbuda's GDP per capita is $24,819, ranking 55/197, compared to $6,540 in Turkmenistan, ranking 111/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while Turkmenistan ranks 94th at $21,213.

Economic indicators

Antigua Turkmenistan
Gross domestic product
$2.34B
2025
$49.8B
2025
GDP rank
178/197
2025
96/197
2025
GDP growth
5%
2024-2025
6.3%
2024-2025
GDP per capita
$24,819
2025
$6,540
2025
GDP per capita rank
55/197
2025
111/197
2025
GDP per capita, PPP
$33,386
2024
$21,213
2024
GDP per capita PPP rank
66/197
2024
94/197
2024
Government debt
$1.63B
2025
$1.87B
2025
Debt-to-GDP ratio
69.7%
2025
3.76%
2025
Government debt per person
$17,310
2025
$246
2025
Government debt per person rank
38/185
2025
180/185
2025
Average annual personal income after taxes
$16,750
2026
$2,520
2026
Income share by richest 10% n/a
31.5%
1998
Income share by poorest 10% n/a
2.4%
1998
Government expenditure, % of GDP
19.3%
2025
14.1%
2025
Consumer prices inflation
1.4%
2024-2025
2.7%
2024-2025
Unemployment rate
5.37%
2023
4%
2010
Population
94846
7800189

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
Turkmenistan
Spending

Debt
1x
Year % of GDP
Antigua Turkmenistan
Government spending Government debt Government spending Government debt
2025 19.3% 69.7% 14.1% 3.76%
2024 20.2% 71.8% 14.5% 4.11%
2023 18.4% 74.5% 13.7% 5.46%
2022 20.8% 82.4% 13% 7.14%
2021 23.4% 93% 13.4% 12.3%
2020 26% 100.5% 13.5% 15.4%
2019 22.1% 81.6% 13.6% 17.7%
2018 21.5% 84.3% 13.7% 22.5%
2017 22.6% 88.2% 17.8% 24.7%
2016 23.8% 83.1% 14.1% 21.1%
2015 24.8% 92.1% 17.3% 19%
2014 20.9% 91.9% 17% 16%
2013 20.7% 85.4% 16.9% 20.4%
2012 18.5% 76.9% 14.7% 17.9%
2011 21.1% 81.1% 15.4% 14.8%
2010 20% 79.4% 14.6% 7.04%
2009 32.1% 89.2% 14.4% 3.09%
2008 23.2% 66.8% 11.7% 3.56%
2007 23.8% 68.7% 14.4% 3.06%
2006 26% 79.1% 16% 4.23%
2005 21.5% 82.8% 21.1% 6.82%
2004 21.9% 107.7% 20.3% 11.4%
2003 24.2% 113% 20.8% 16.9%
2002 26.3% 114.5% 19.4% 24.2%
2001 24.2% 107.6% 22.6% 34.1%
2000 21.1% 96.4% 25.9% 55.1%
1999 20.3% 95.9% 20.8% 66.7%
1998 20.7% 94.6% 26.1% 81.6%
1997 16.8% 80.6% 26.9% 64.2%
1996 19.6% 85.5% - -
1995 21% 92.1% - -
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 (1990–2025, retrieved 2026-07-08).

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

In 2025, Antigua and Barbuda's government spending was $450M, accounting for 19.3% of its GDP, while Turkmenistan spent $7.05B, or 14.1% of GDP.

Debt-to-GDP ratio is 69.7% in Antigua and Barbuda and 3.76% in Turkmenistan, ranking 58/185 and 183/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

Turkmenistan
1x
Year Deficit/surplus, % of GDP
Antigua Turkmenistan
2025 3.14% 0.06%
2024 1.65% -0.08%
2023 -1.66% 0.11%
2022 -2.86% 3.38%
2021 -4.52% 0.57%
2020 -6.23% -0.16%
2019 -3.64% -0.4%
2018 -2.43% -0.22%
2017 -2.72% -2.84%
2016 -0.14% -2.38%
2015 -2.42% -0.7%
2014 -2.6% 0.89%
2013 -3.83% 1.53%
2012 -0.97% 7.53%
2011 -3.09% 3.84%
2010 -0.24% 2.13%
2009 -15.8% 7.53%
2008 -4.72% 10.7%
2007 -4.98% 4.19%
2006 -6.62% 5.64%
2005 -4.29% 0.86%
2004 -3.9% 1.47%
2003 -7.32% 3.99%
2002 -8.83% 0.19%
2001 -8.58% 0.77%
2000 -4.5% -0.55%
1999 -3.08% 2.48%
1998 -1.62% 1.15%
1997 0% -0.2%
1996 -1.61% -
1995 -3.89% -
1994 -4.33% -
1993 -2.45% -
1992 -0.81% -
1991 -3.91% -
1990 0.12% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/antigua-and-barbuda/turkmenistan | 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 Turkmenistan's surplus of $31.4M, or 0.06% of GDP.

Over the past 29 years, Antigua and Barbuda recorded a fiscal deficit in 26 of those years, while Turkmenistan ran a deficit in 9 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.68% of GDP, compared to surplus of 1.78% of GDP for Turkmenistan.

Inflation comparison by year

Inflation
Antigua and Barbuda

Turkmenistan
1x
Year Consumer prices inflation
Antigua Turkmenistan
2025 1.4% 2.7%
2024 6.2% 4.6%
2023 5.1% -1.6%
2022 7.5% 11.2%
2021 1.6% 19.5%
2020 1.1% 6.1%
2019 1.4% 5.1%
2018 1.2% 13.3%
2017 2.4% 8%
2016 -0.5% 3.6%
2015 1% 7.4%
2014 1.1% 6%
2013 1.1% 6.8%
2012 3.4% 5.3%
2011 3.5% 5.3%
2010 3.4% 4.4%
2009 -0.6% -2.7%
2008 5.3% 14.5%
2007 1.4% 6.3%
2006 1.8% 8.2%
2005 2.1% 10.7%
2004 2% 5.9%
2003 2% 5.6%
2002 2.4% 8.8%
2001 1.9% 11.6%
2000 -0.2% 8%
1999 1.1% 23.5%
1998 3.3% 16.8%
1997 0.4% 83.7%

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

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

Over the past 29 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.2%, compared with 10.6% in Turkmenistan. In 2025, inflation was 1.4% in Antigua and Barbuda and 2.7% in Turkmenistan.

Balance of trade

Antigua Turkmenistan
Current account balance
-$281M
2025
n/a
Current account balance ranking
95/190
2025
n/a
Current account balance, % of GDP
-12%
2025
n/a
Goods imports
$793M
2025
n/a
Goods exports
$96M
2025
n/a
Service imports
$614M
2025
n/a
Service exports
$1.21B
2025
n/a
Imports of goods and services, % of GDP
63.3%
2022
13.7%
2025
Exports of goods and services, % of GDP
55%
2022
14.5%
2025

Economic freedom indices

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

Antigua Turkmenistan
Economic freedom 56 47
Economic freedom ranking 125/197 177/197
Property rights n/a 17.4
Government integrity n/a 8.4
Judicial effectiveness n/a 12.3
Tax burden n/a 94.2
Government spending n/a 94.3
Fiscal health n/a 99.9
Business freedom n/a 37.5
Labor freedom n/a 29.3
Monetary freedom n/a 76.7
Trade freedom n/a 74.2
Investment freedom n/a 10
Financial freedom n/a 10

Other economic metrics

Antigua Turkmenistan
Services, % of GDP
68.7%
2025
48.9%
2025
Industry, % of GDP
18.2%
2025
36%
2025
Agriculture, forestry, and fishing, % of GDP
1.49%
2025
12.4%
2025
GNI, Atlas method
$2.24B
2025
$48.3B
2025
GNI per capita, PPP
$34,670
2025
$22,830
2025
Total reserves including gold
$379M
2025
$1.51B
1999
Total reserves ranking
165/177
2025
135/177
1999
Net foreign direct investment
-$291M
2025
n/a
Net inflows of foreign direct investment
$246M
2024
$1.64B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
2.22%
2024
Poverty at national poverty lines n/a
0.2%
2020
Gross capital formation, % of GDP n/a
47.2%
2012

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/turkmenistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2020, 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.