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.

Top 3 Trade Partners (2019): United States, China, and Japan
Top 3 Exported Goods (2019): Precious Stones & Metals, Oil & Mineral Fuels, and Beverages

Top Industries Source: CIA World Factbook

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

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $1,958,531,523 (2021)
GDP Growth Rate (annual %) 5.271% (2021)
GDP Per Capita, PPP (current international) $19,838 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 180/197 (2021)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 2.063% (2021)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 43% (2019)
Real Interest Rate (5 year average %) 5.316% (2021)
Manufacturing, value added (% of GDP) 2.32% (2021)
Current Account Balance (BoP, current US$) ($220,870,947) (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total Data unavailable
Employment in Agriculture (% of total employment) 2.8% (2008)
Employment in Industry (% of total employment) 15.64% (2008)
Employment in Services (% of total employment) 81.55% (2008)
Unemployment Rate 8.4% (2001)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $655,278,519 (2020)
Exports of goods and services (current US$) $598,873,556 (2020)
Total Merchandise Trade (% of GDP) 40.717% (2021)
FDI, net inflows (BoP, current US$) $73,527,540 (2020)
Commercial Service Exports (current US$) $710,846,926 (2021)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank