Antigua and Barbuda: Economy

Economic Trivia

Tourism accounts for nearly 60% of GDP and 40% of investment.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Data unavailable

Top Industries Source: CIA World Factbook

Tourism; Construction; Light Manufacturing (Clothing, Alcohol, Household Appliances)

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international $) $2 billion (2013)
GDP Growth Rate (annual %) 0.648% (2013)
GDP Per Capita, PPP (current international $) $20,977 (2013)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 176/192 (2013)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.059% (2013)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 41% (2013)
Real Interest Rate (5 year average %) 7.433% (2013)
Manufacturing, value added (% of GDP) 2.594% (2012)
Current Account Balance (BoP, current US$) $-78,524,489 (2012)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total Data unavailable
Employment in Agriculture (% of total employment) 2.8% (2008)
Employment in Industry (% of total employment) 15.6% (2008)
Employment in Services (% of total employment) 81.6% (2008)
Unemployment Rate 8.4% (2001)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $615 million (2012)
Exports of goods and services (current US$) $553 million (2012)
Total Merchandise Trade (% of GDP) 48.992% (2012)
FDI, net inflows (BoP, current US$) $71 million (2012)
Commercial Service Exports (current US$) $483,577,500 (2012)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Antigua and Barbuda’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary