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Antigua and Barbuda GDP and Economic Data

Country Report 2017 - Includes Antigua and Barbuda real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Antigua and Barbuda economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of the country best banks and safest banks are also available.

 
 
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Central bank

Eastern Caribbean Central Bank

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International Reserves

USD 0.33 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

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Gross Domestic Product - GDP

USD 1.6 billion (2018, estimate)

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GDP (Purchasing Power Parity)

Intl$ 2.6 billion (2018, estimate)

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Real GDP growth
2007 2008 2009 2010 2011 2012 2013
9.3% 0% -12.1% -7.2% -2.1% 3.5% -0.1%
2014 2015 2016 2017* 2018*    
4.7% 4% 4.8% 3.6% 5.3%    

*Estimate

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GDP per capita - current prices

USD 17,636.1 (2018, estimate)

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GDP per capita - PPP

Intl$ 27,981.3 (2018, estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2019*
0.0% 0.0% 0.0% 0.0% 0.002%

*Estimate

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GDP - composition by sector
  • agriculture: 1.7% 
  • industry: 19.3% 
  • services: 68%

(2018 estimate)

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Gross domestic expenditure on R&D; (% of GDP)

N/A

 

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Inflation
2015 2016 2017 2018* 2019*
1% -0.5% 2.4% 1.2% 1.6%

*Estimate

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Unemployment rate
2015 2016 2017 2018 2019
N/A N/A N/A N/A N/A

*Estimate

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Household saving rates

N/A

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Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
100.3% 87.6% 90.6% 89.5% 90%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
-2.6% -0.1% -1.5% -4.2% -4.2%

*Estimate

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Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares
2016 2017 2018
N/A N/A N/A
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Largest companies

N/A

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Current account balance

USD -0.1 billion (2017 estimate)

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Current account balance by percentage of GDP

-10.2% (2017 estimate)

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Exports as percent of GDP (Exports of goods and services)

45.3% (2015)

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Shares in world total merchandising export

0.0% (2015)

 

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Shares in world total commercial services export

0.01% (2015)

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Total exports

USD 61.7 millions (2016 estimate)

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Export commodities

Petroleum products, bedding, handicrafts, electronic components, transport equipment, food and live animals

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Total imports

USD 0.5 billion (2016 estimate)

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Import commodities

Food and live animals, machinery and transport equipment, manufactures, chemicals, oil

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Exports - major partners

N/A

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Imports - major partners

N/A

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FDI inflows
2013 2014 2015
USD 101 million USD 155 million USD 154 million
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FDI outflows
2013 2014 2015
USD 6.2 million USD 6.1 million USD 5.8 million
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Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
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Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

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Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

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Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 113 out of 190 countries (2017)

Subcategories:

Starting a business: 124 out of 190 countries

Enforcing Contracts: 35 out of 190 countries

Registering Property: 150 out of 190 countries

Getting credit: 157 out of 190 countries

Protecting investors: 87 out of 190 countries

Trading across border: 110 out of 190 countries

Paying Taxes: 160 out of 190 countries

Dealing with Construction Permits: 107 out of 190 countries

Getting Electricity: 35 out of 190 countries

Resolving Insolvency: 124 out of 190 countries

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Global competitiveness ranking

N/A

 

 

 

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Index of Economic Freedom

N/A

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Time zone

UTC-4

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Total area

443 sq km

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Capital

Saint John's

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Currency

East Caribbean dollars (XCD)

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Government type

Parliamentary democracy (Parliament) under a constitutional monarchy; a Commonwealth realm

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Languages

English (official), Antiguan creole

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Religions

Protestant 68.3% (Anglican 17.6%, Seventh Day Adventist 12.4%, Pentecostal 12.2%, Moravian 8.3%, Methodist 5.6%, Wesleyan Holiness 4.5%, Church of God 4.1%, Baptist 3.6%), Roman Catholic 8.2%, other 12.2%, unspecified 5.5%, none 5.9% (2011 est.)

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Total population
1990 2000 2010 2016* 2021*
0.06 million 0.076 million 0.085 million 0.09 million 0.095 million

*Estimate

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Urban population as % of total population
1960 1980 2000 2015
40% 35% 32% 24%
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Population median age

31.6 years (2016 estimate)

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Population growth rate

1.23% (2016 estimate)

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Life expectancy

76.5 years (2016 estimate)

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Literacy

Total population: 99%
Male: 98.4%
Female: 99.4% (2012 est.)

(age 15 and over has completed five or more years of schooling)

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% of population living on less than $3.10 a day

N/A

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Inequality of wealth distribution (Gini index)

N/A

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Freedom House rating

Political Rights: 2
Civil Liberties: 2 (2017)

(1 represents the most free, 7 the least free rating)

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Total telephone subscribers as % of population

Fixed 13.07%   Mobile 137.22% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

65.2% (2015)

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Mercer Cost of living index

N/A

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CO2 emissions

5.8 (2013)

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World's Best Internet Banks

2013
2012
2011
2010
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