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 (2017): United States, United Kingdom, and China
Top 3 Exported Goods (2017): Ships & Boats, Textile Articles, and Industrial Machinery

Top Industries Source: CIA World Factbook

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

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $2,574,636,434 (2018)
GDP Growth Rate (annual %) 4.931% (2018)
GDP Per Capita, PPP (current international) $26,739 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 176/196 (2018)

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 %) 1.21% (2018)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 42.8% (2018)
Real Interest Rate (5 year average %) 6.341% (2018)
Manufacturing, value added (% of GDP) 2.433% (2018)
Current Account Balance (BoP, current US$) $34,451,066 (2017)
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$) $686,701,667 (2016)
Exports of goods and services (current US$) $608,888,889 (2016)
Total Merchandise Trade (% of GDP) 36.211% (2018)
FDI, net inflows (BoP, current US$) $116,493,704 (2018)
Commercial Service Exports (current US$) $928,999,186 (2017)
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