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Economy of Antigua and Barbuda vs United Arab Emirates compared: GDP & Debt

Updated on by Georank team

Antigua and Barbuda has a GDP of $2.21B compared to $552B for the United Arab Emirates, ranking 177/197 and 27/197 by economy size, respectively.

Antigua and Barbuda has $1.49B in government debt (67.6% of GDP), compared to $193B (34.9% of GDP) in the United Arab Emirates.

Antigua and Barbuda vs United Arab Emirates GDP by year

Antigua and Barbuda
United Arab Emirates
1x
Year GDP, current $
Antigua UAE
2024 $2,207,622,874 $552,324,846,835
2023 $2,005,785,185 $522,622,191,967
2022 $1,866,566,667 $511,403,403,676
2021 $1,602,125,926 $422,441,388,700
2020 $1,411,637,037 $357,161,878,829
2019 $1,726,448,148 $433,926,208,305
2018 $1,661,529,630 $440,560,108,918
2017 $1,534,855,556 $403,365,010,211
2016 $1,489,603,704 $381,717,086,453
2015 $1,437,485,185 $381,973,042,886
2014 $1,378,707,407 $424,935,874,745
2013 $1,325,496,296 $409,632,675,289
2012 $1,364,729,630 $392,793,464,942
2011 $1,287,359,259 $368,881,143,635
2010 $1,298,348,148 $307,736,419,333
2009 $1,386,518,519 $253,547,358,747
2008 $1,557,640,741 $315,474,615,739
2007 $1,487,381,481 $257,916,133,424
2006 $1,303,674,074 $222,116,541,865
2005 $1,143,896,296 $180,617,467,965
2004 $1,026,329,630 $147,824,370,320
2003 $948,100,000 $124,346,358,067
2002 $898,092,593 $109,816,201,498
2001 $877,774,074 $103,311,640,572
2000 $901,003,704 $104,337,372,362
1999 $835,544,444 $84,445,473,111
1998 $789,788,889 $75,674,336,283
1997 $734,422,222 $78,839,008,445
1996 $679,140,741 $73,571,233,996
1995 $616,051,852 $65,743,666,576
1994 $625,081,481 $59,305,093,980
1993 $565,662,963 $55,625,170,253
1992 $525,133,333 $54,239,171,888
1991 $504,337,037 $51,552,165,622
1990 $478,718,519 $50,701,443,748
1989 $455,174,074 $41,464,995,914
1988 $411,396,296 $36,275,674,203
1987 $346,866,667 $36,384,908,744
1986 $297,562,963 $33,943,612,095
1985 $246,370,370 $40,603,650,232
1984 $212,214,815 $41,807,954,236
1983 $184,866,667 $42,803,323,345
1982 $166,444,444 $46,622,718,605
1981 $149,388,889 $49,333,424,135
1980 $132,451,852 $43,599,160,050
1979 $109,596,296 $31,225,659,621
1978 $88,040,741 $23,775,764,225
1977 $77,507,407 $24,871,775,165
1976 - $19,213,158,779
1975 - $14,720,728,249
1974 - $11,651,505,689
1973 - $4,231,243,616
1972 - $1,415,086,929
1971 - $939,893,600
1970 - $685,986,701

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/antigua-and-barbuda/united-arab-emirates | CC BY

GDP per capita in Antigua and Barbuda vs United Arab Emirates by year

Antigua and Barbuda
GDP per capita

GDP per capita, PPP
United Arab Emirates
GDP per capita

GDP per capita, PPP
1x
Year Current $
Antigua UAE
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $23,542 $33,386 $50,274 $79,229
2023 $21,495 $31,602 $49,851 $77,955
2022 $20,105 $29,934 $50,760 $75,072
2021 $17,349 $25,745 $44,119 $68,580
2020 $15,370 $22,370 $37,992 $66,791
2019 $18,896 $26,551 $45,939 $79,816
2018 $18,273 $24,524 $47,135 $77,446
2017 $16,966 $21,422 $43,734 $70,282
2016 $16,557 $21,320 $42,721 $69,987
2015 $16,078 $20,985 $44,910 $73,986
2014 $15,532 $21,671 $52,725 $87,478
2013 $15,052 $21,761 $53,247 $87,526
2012 $15,640 $23,012 $53,142 $89,198
2011 $14,912 $23,804 $51,922 $89,665
2010 $15,217 $24,071 $44,795 $85,120
2009 $16,472 $26,157 $37,803 $84,780
2008 $18,787 $29,978 $50,054 $94,628
2007 $18,205 $29,851 $45,855 $100,813
2006 $16,174 $26,949 $44,343 $106,814
2005 $14,369 $23,485 $38,719 $101,301
2004 $13,038 $21,629 $33,377 $98,661
2003 $12,173 $20,127 $29,660 $92,636
2002 $11,659 $18,813 $27,754 $88,467
2001 $11,539 $18,569 $27,745 $90,370
2000 $12,027 $19,319 $29,866 $92,899
1999 $11,342 $18,088 $25,856 $87,658
1998 $10,907 $17,496 $24,889 $90,229
1997 $10,336 $16,836 $27,983 $96,009
1996 $9,756 $16,017 $28,323 $94,620
1995 $9,034 $15,062 $27,003 $93,702
1994 $9,351 $15,736 $25,473 $89,959
1993 $8,625 $14,720 $25,033 $86,330
1992 $8,154 $13,908 $25,648 $87,509
1991 $7,956 $13,658 $25,691 $87,250
1990 $7,591 $12,996 $26,710 $88,455
1989 $7,188 - $23,167 -
1988 $6,466 - $21,570 -
1987 $5,424 - $23,113 -
1986 $4,629 - $23,132 -
1985 $3,814 - $29,468 -
1984 $3,271 - $32,012 -
1983 $2,847 - $34,650 -
1982 $2,569 - $39,972 -
1981 $2,310 - $44,854 -
1980 $2,053 - $42,925 -
1979 $1,705 - $34,238 -
1978 $1,375 - $29,379 -
1977 $1,214 - $35,020 -
1976 - - $31,197 -
1975 - - $27,117 -
1974 - - $23,823 -
1973 - - $9,696 -
1972 - - $3,675 -
1971 - - $2,805 -
1970 - - $2,394 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/antigua-and-barbuda/united-arab-emirates | CC BY

Antigua and Barbuda's GDP per capita is $23,542, ranking 53/197, compared to $50,274 in the United Arab Emirates, ranking 24/197. Adjusted for purchasing power (GDP per capita PPP), Antigua and Barbuda ranks 66th at $33,386, while the United Arab Emirates ranks 16th at $79,229.

Economic indicators

Antigua UAE
Gross domestic product
$2.21B
2024
$552B
2024
GDP rank
177/197
2024
27/197
2024
GDP growth
3.66%
2023-2024
3.99%
2023-2024
GDP per capita
$23,542
2024
$50,274
2024
GDP per capita rank
53/197
2024
24/197
2024
GDP per capita, PPP
$33,386
2024
$79,229
2024
GDP per capita PPP rank
66/197
2024
16/197
2024
Government debt
$1.49B
2024
$193B
2024
Debt-to-GDP ratio
67.6%
2024
34.9%
2024
Government debt per person
$15,910
2024
$17,568
2024
Government debt per person rank
39/185
2024
36/185
2024
Average annual personal income after taxes
$16,563
2026
$40,522
2026
Market capitalization of domestic companies n/a
$1.05T
2024
Number of millionaires n/a
339,000
2025
Number of billionaires n/a
6
2025
Income share by richest 10% n/a
20.5%
2018
Income share by poorest 10% n/a
2.8%
2018
Government expenditure, % of GDP
19.8%
2024
21.4%
2024
Consumer prices inflation
6.2%
2023-2024
1.7%
2023-2024
Central bank interest rate n/a
3.65%
2025
Unemployment rate
5.37%
2023
1.88%
2024
Population
94757
11686438

Spending and national debt comparison by year

Antigua and Barbuda
Spending

Debt
United Arab Emirates
Spending

Debt
1x
Year % of GDP
Antigua UAE
Government spending Government debt Government spending Government debt
2024 19.8% 67.6% 21.4% 34.9%
2023 18.8% 76.3% 22.7% 31.9%
2022 20.7% 82% 22.7% 31.5%
2021 23.4% 93% 25.9% 35.7%
2020 26% 100.5% 30.5% 30.1%
2019 22.1% 81.6% 27.4% 25.8%
2018 21.5% 84.3% 25.9% 20.7%
2017 22.6% 88.2% 27.2% 21.2%
2016 23.8% 83.1% 31.7% 18.6%
2015 24.8% 92.1% 26.4% 15.6%
2014 20.9% 91.9% 31.4% 13.5%
2013 20.7% 85.4% 28.9% 15.3%
2012 18.5% 76.9% 27.8% 20.2%
2011 21.1% 81.1% 29.6% 20.4%
2010 20% 79.4% 30.4% 18.3%
2009 32.1% 89.2% 35% 21.1%
2008 23.2% 66.8% 22% 8.95%
2007 23.8% 68.7% 17.7% 8.89%
2006 26% 79.1% 15.6% 5.05%
2005 21.5% 82.8% 15.7% 4.48%
2004 21.9% 107.7% 17.7% 4.08%
2003 24.2% 113% 20% 3.33%
2002 26.3% 114.5% 21.3% 3.43%
2001 24.2% 107.6% 25.2% 2.69%
2000 21.1% 96.4% 21.8% 3.12%
1999 20.3% 95.9% 24.3% 4.73%
1998 20.7% 94.6% 25.8% 4.18%
1997 16.8% 80.6% 22.6% 2.86%
1996 19.6% 85.5% 27.6% 3.48%
1995 21% 92.1% 26.1% 5.06%
1994 21.2% 84.5% 30.1% 5.58%
1993 19.4% 85.3% 31.5% 6.01%
1992 18.7% 90.8% 29.6% 5.31%
1991 20.8% 94.6% 36% 4.97%
1990 18.1% 94.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1991–1998, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/united-arab-emirates | CC BY

In 2024, Antigua and Barbuda's government spending was $437M, accounting for 19.8% of its GDP, while the United Arab Emirates spent $118B, or 21.4% of GDP.

Debt-to-GDP ratio is 67.6% in Antigua and Barbuda and 34.9% in the United Arab Emirates, ranking 63/185 and 146/185, respectively.

Government deficit by year

Deficit/surplus
Antigua and Barbuda

United Arab Emirates
1x
Year Deficit/surplus, % of GDP
Antigua UAE
2024 1.61% 6.41%
2023 -1.7% 5.82%
2022 -2.84% 9.8%
2021 -4.52% 3.96%
2020 -6.23% -2.42%
2019 -3.64% 2.5%
2018 -2.43% 3.65%
2017 -2.72% -0.16%
2016 -0.14% -2.95%
2015 -2.42% -6.35%
2014 -2.6% 1.74%
2013 -3.83% 7.99%
2012 -0.97% 8.59%
2011 -3.09% 5.05%
2010 -0.24% 0.52%
2009 -15.8% -6.13%
2008 -4.72% 17.6%
2007 -4.98% 17.1%
2006 -6.62% 20.2%
2005 -4.29% 16%
2004 -3.9% 6.4%
2003 -7.32% 2.35%
2002 -8.83% -1.24%
2001 -8.58% 1.21%
2000 -4.5% 10.7%
1999 -3.08% 1.31%
1998 -1.62% 1%
1997 0% 6.71%
1996 -1.61% 0.92%
1995 -3.89% 3.58%
1994 -4.33% -1.78%
1993 -2.45% -2.89%
1992 -0.81% 3.34%
1991 -3.91% 3.89%
1990 0.12% -

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

GeoRank.org/economy/antigua-and-barbuda/united-arab-emirates | 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 the United Arab Emirates' surplus of $35.4B, or 6.41% of GDP.

Over the past 34 years, Antigua and Barbuda recorded a fiscal deficit in 32 of those years, while the United Arab Emirates ran a deficit in 8 years. On average, Antigua and Barbuda posted an annual deficit equal to 3.74% of GDP, compared to surplus of 4.25% of GDP for the United Arab Emirates.

Inflation comparison by year

Inflation
Antigua and Barbuda

United Arab Emirates
1x
Year Consumer prices inflation
Antigua UAE
2024 6.2% 1.7%
2023 5.1% 1.6%
2022 7.5% 4.8%
2021 1.6% -0.1%
2020 1.1% -2.1%
2019 1.4% -1.9%
2018 1.2% 3.1%
2017 2.4% 2%
2016 -0.5% 1.6%
2015 1% 4.1%
2014 1.1% 2.3%
2013 1.1% 1.1%
2012 3.4% 0.7%
2011 3.5% 0.9%
2010 3.4% 0.9%
2009 -0.6% -4.7%
2008 5.3% 12.3%
2007 1.4% 11.1%
2006 1.8% 9.3%
2005 2.1% 6.2%
2004 2% 5%
2003 2% 3.1%
2002 2.4% 2.9%
2001 1.9% 2.8%
2000 -0.2% 1.3%
1999 1.1% 2.1%
1998 3.3% 2%
1997 0.4% 3%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/antigua-and-barbuda/united-arab-emirates | CC BY

Over the past 28 years, Antigua and Barbuda has recorded an average annual inflation rate of 2.23%, compared with 2.75% in the United Arab Emirates. In 2024, inflation was 6.2% in Antigua and Barbuda and 1.7% in the United Arab Emirates.

Top exports between countries

Antigua
Export category Export value
Precious metals & jewellery $66K
Textiles & consumer goods $60K
Metals $30K
Wood & paper products $23K
Processed food, beverages & tobacco $12K
Chemicals & pharma $8K
Miscellaneous $4K
UAE
Export category Export value
Machinery & equipment $1.89M
Processed food, beverages & tobacco $657K
Textiles & consumer goods $204K
Metals $161K
Chemicals & pharma $80K
Wood & paper products $47K
Raw materials & minerals $46K
Precious metals & jewellery $9K
Raw agricultural goods $3K
Miscellaneous $1K

Balance of trade

Antigua UAE
Current account balance
-$181M
2024
$80B
2024
Current account balance ranking
98/190
2024
9/190
2024
Current account balance, % of GDP
-8.22%
2024
+14.5%
2024
Goods imports
$726M
2024
$400B
2024
Goods exports
$72.1M
2024
$467B
2024
Service imports
$557M
2024
$117B
2024
Service exports
$1.24B
2024
$181B
2024
Imports of goods and services, % of GDP
63%
2022
92.2%
2023
Exports of goods and services, % of GDP
54.7%
2022
106.8%
2023

Economic freedom indices

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

Antigua UAE
Economic freedom 56 71.9
Economic freedom ranking 125/197 29/197
Property rights n/a 62.9
Government integrity n/a 65.3
Judicial effectiveness n/a 34.4
Tax burden n/a 99.9
Government spending n/a 85.1
Fiscal health n/a 97.6
Business freedom n/a 84.5
Labor freedom n/a 63.2
Monetary freedom n/a 81.2
Trade freedom n/a 78.6
Investment freedom n/a 50
Financial freedom n/a 60

Other economic metrics

Antigua UAE
Services, % of GDP
69.1%
2023
54.9%
2024
Industry, % of GDP
19%
2023
44.3%
2024
Agriculture, forestry, and fishing, % of GDP
1.94%
2023
0.77%
2024
GNI, Atlas method
$1.98B
2024
$566B
2024
GNI per capita, PPP
$31,730
2024
$81,530
2024
Total reserves including gold
$358M
2024
$238B
2024
Total reserves ranking
164/177
2024
14/177
2024
Net foreign direct investment
-$253M
2024
$31.5B
2024
Net inflows of foreign direct investment
$246M
2024
$45.6B
2024
Net outflows of foreign direct investment
-$68.4K
2024
$77.2B
2024
Poverty at national poverty lines n/a
19.5%
2020
Gross capital formation, % of GDP n/a
26.6%
2023

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/united-arab-emirates | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, 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. TradeMap (2021–2023, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1991–1998, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.