[ Nominal GDP in billions of USD ]
Year -
$2.21 billions
Antigua and Barbuda GDP expanded from 1977 to 2024, increasing from $0.08 billion to $2.21 billion.The compound annual growth rate (CAGR) averaged 7.32% over the period. The economy recorded its peak level in 2024 and its lowest level in 1977. Growth volatility remained high. The maximum drawdown reached 18.5%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 2.21 Billions | $ 3.13 Int Billions |
| Growth (YoY) | 10.063% | 6.163% |
| Net Change vs Previous Year | $ 0.20 Billion | $ 0.18 Int Billion |
| % of World GDP | 0.00% | 0.00% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | 0.08 | - | - | - | - | - |
| 1978 | 0.09 | 0.01 | 13.59 % | - | - | - |
| 1979 | 0.11 | 0.02 | 24.484 % | - | - | - |
| 1980 | 0.13 | 0.02 | 20.854 % | - | - | - |
| 1981 | 0.15 | 0.02 | 12.787 % | - | - | - |
| 1982 | 0.17 | 0.02 | 11.417 % | - | - | - |
| 1983 | 0.18 | 0.02 | 11.068 % | - | - | - |
| 1984 | 0.21 | 0.03 | 14.793 % | - | - | - |
| 1985 | 0.25 | 0.03 | 16.095 % | - | - | - |
| 1986 | 0.3 | 0.05 | 20.779 % | - | - | - |
| 1987 | 0.35 | 0.05 | 16.569 % | - | - | - |
| 1988 | 0.41 | 0.06 | 18.604 % | - | - | - |
| 1989 | 0.46 | 0.04 | 10.641 % | - | - | - |
| 1990 | 0.48 | 0.02 | 5.173 % | 0.82 | - | - |
| 1991 | 0.5 | 0.03 | 5.351 % | 0.87 | 0.05 | 5.632 % |
| 1992 | 0.53 | 0.02 | 4.123 % | 0.9 | 0.03 | 3.464 % |
| 1993 | 0.57 | 0.04 | 7.718 % | 0.97 | 0.07 | 7.775 % |
| 1994 | 0.63 | 0.06 | 10.504 % | 1.05 | 0.09 | 8.954 % |
| 1995 | 0.62 | -0.01 | -1.445 % | 1.03 | -0.02 | -2.355 % |
| 1996 | 0.68 | 0.06 | 10.241 % | 1.11 | 0.09 | 8.557 % |
| 1997 | 0.73 | 0.06 | 8.14 % | 1.2 | 0.08 | 7.29 % |
| 1998 | 0.79 | 0.06 | 7.539 % | 1.27 | 0.07 | 5.908 % |
| 1999 | 0.84 | 0.05 | 5.793 % | 1.33 | 0.07 | 5.175 % |
| 2000 | 0.9 | 0.07 | 7.834 % | 1.45 | 0.11 | 8.609 % |
| 2001 | 0.88 | -0.02 | -2.578 % | 1.41 | -0.03 | -2.399 % |
| 2002 | 0.9 | 0.02 | 2.315 % | 1.45 | 0.04 | 2.597 % |
| 2003 | 0.95 | 0.05 | 5.568 % | 1.57 | 0.12 | 8.171 % |
| 2004 | 1.03 | 0.08 | 8.251 % | 1.7 | 0.13 | 8.611 % |
| 2005 | 1.14 | 0.12 | 11.455 % | 1.87 | 0.17 | 9.812 % |
| 2006 | 1.3 | 0.16 | 13.968 % | 2.17 | 0.3 | 16.184 % |
| 2007 | 1.49 | 0.18 | 14.092 % | 2.44 | 0.27 | 12.277 % |
| 2008 | 1.56 | 0.07 | 4.724 % | 2.49 | 0.05 | 1.912 % |
| 2009 | 1.39 | -0.17 | -10.986 % | 2.2 | -0.28 | -11.42 % |
| 2010 | 1.3 | -0.09 | -6.359 % | 2.05 | -0.15 | -6.721 % |
| 2011 | 1.29 | -0.01 | -0.846 % | 2.06 | 0 | 0.064 % |
| 2012 | 1.36 | 0.08 | 6.01 % | 2.01 | -0.05 | -2.289 % |
| 2013 | 1.33 | -0.04 | -2.875 % | 1.92 | -0.09 | -4.566 % |
| 2014 | 1.38 | 0.05 | 4.014 % | 1.92 | 0.01 | 0.384 % |
| 2015 | 1.44 | 0.06 | 4.263 % | 1.88 | -0.05 | -2.463 % |
| 2016 | 1.49 | 0.05 | 3.626 % | 1.92 | 0.04 | 2.233 % |
| 2017 | 1.53 | 0.05 | 3.038 % | 1.94 | 0.02 | 1.034 % |
| 2018 | 1.66 | 0.13 | 8.253 % | 2.23 | 0.29 | 15.061 % |
| 2019 | 1.73 | 0.06 | 3.907 % | 2.43 | 0.2 | 8.784 % |
| 2020 | 1.41 | -0.31 | -18.235 % | 2.05 | -0.37 | -15.301 % |
| 2021 | 1.6 | 0.19 | 13.494 % | 2.38 | 0.32 | 15.719 % |
| 2022 | 1.87 | 0.26 | 16.506 % | 2.78 | 0.4 | 16.887 % |
| 2023 | 2.01 | 0.14 | 7.459 % | 2.95 | 0.17 | 6.113 % |
| 2024 | 2.21 | 0.2 | 10.063 % | 3.13 | 0.18 | 6.163 % |
Between 1977 to 2024, Antigua and Barbuda experienced the following economic phases:
The most remarkable growth occurred in 1979 with an increase of 24.484%, while the largest decline was in 2020 at -18.235%.