World Factbook

Antigua and Barbuda

Last updated: 2026-03-28 (today)

Budget

note

note: central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated

revenues

$251.418 million (2014 est.)

expenditures

$266.044 million (2014 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2022

$1.111 billion (2022 est.)

Exports 2023

$1.185 billion (2023 est.)

Exports 2024

$1.314 billion (2024 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2022

$1.227 billion (2022 est.)

Imports 2023

$1.273 billion (2023 est.)

Imports 2024

$1.282 billion (2024 est.)

Industries

tourism, construction, light manufacturing (clothing, alcohol, household appliances)

Public debt

Public debt 2016

86.2% of GDP (2016 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2022

1.9% of GDP (2022 est.)

Remittances 2023

1.7% of GDP (2023 est.)

Remittances 2024

1.2% of GDP (2024 est.)

Exchange rates

Currency

East Caribbean dollars (XCD) per US dollar -

Exchange rates 2020

2.7 (2020 est.)

Exchange rates 2021

2.7 (2021 est.)

Exchange rates 2022

2.7 (2022 est.)

Exchange rates 2023

2.7 (2023 est.)

Exchange rates 2024

2.7 (2024 est.)

Economic overview

dual island-tourism and construction-driven economy; emerging “blue economy”; limited water supply and susceptibility to hurricanes limit activity; improving road infrastructure; friendly to foreign direct investment; looking at financial innovation in cryptocurrency and blockchain technologies

Exports - partners

Suriname 29%, Poland 21%, USA 8%, Dominican Republic 7%, Australia 5% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

USA 43%, Poland 6%, China 5%, UK 4%, Germany 4% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2022

$27,900 (2022 est.)

Real GDP per capita 2023

$28,500 (2023 est.)

Real GDP per capita 2024

$29,600 (2024 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2022

9.1% (2022 est.)

Real GDP growth rate 2023

2.4% (2023 est.)

Real GDP growth rate 2024

4.3% (2024 est.)

Agricultural products

tropical fruits, milk, mangoes/guavas, eggs, lemons/limes, pumpkins/squash, sweet potatoes, vegetables, cucumbers/gherkins, yams (2023)

note: top ten agricultural products based on tonnage

Exports - commodities

refined petroleum, ships, soybean meal, shellfish, paintings (2023)

note: top five export commodities based on value in dollars

Imports - commodities

ships, refined petroleum, cars, plastic products, furniture (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2022

-$291.674 million (2022 est.)

Current account balance 2023

-$271.047 million (2023 est.)

Current account balance 2024

-$181.366 million (2024 est.)

GDP (official exchange rate)

$2.225 billion (2024 est.)

note: data in current dollars at official exchange rate

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2022

7.5% (2022 est.)

Inflation rate (consumer prices) 2023

5.1% (2023 est.)

Inflation rate (consumer prices) 2024

6.2% (2024 est.)

Industrial production growth rate

1% (2023 est.)

note: annual % change in industrial value added based on constant local currency

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2022

$2.594 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$2.657 billion (2023 est.)

Real GDP (purchasing power parity) 2024

$2.772 billion (2024 est.)

Reserves of foreign exchange and gold

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2022

$396.506 million (2022 est.)

Reserves of foreign exchange and gold 2023

$364.367 million (2023 est.)

Reserves of foreign exchange and gold 2024

$358.441 million (2024 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

19% (2023 est.)

services

69.1% (2023 est.)

agriculture

1.9% (2023 est.)