Antigua and Barbuda Economic Statistics and Indicators

22, Sep 2020, EDT. Welcome to the Antigua and Barbuda economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Antigua and Barbuda › Change country
National or Regional Currency: East Caribbean Dollar, CXD
Year of data: 2015 › Change year
Number of Indicators Listed: 33
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 91,295 (July 2014 est.)
Area: total: 442.6 sq km (Antigua 280 sq km; Barbuda 161 sq km) ; land: 442.6 sq km ; water: 0 sq km ; note: includes Redonda, 1.6 sq km
Natural Resources: NEGL; pleasant climate fosters tourism
Capital: name: Saint John's ; geographic coordinates: 17 07 N, 61 51 W ; time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time)

Tourism continues to dominate Antigua and Barbuda's economy, accounting for nearly 60% of GDP and 40% of investment. The dual-island nation's agricultural production is focused on the domestic market and constrained by a limited water supply and a labor shortage stemming from the lure of higher wages in tourism and construction. Manufacturing comprises enclave-type assembly for export with major products being bedding, handicrafts, and electronic components. Prospects for economic growth in the medium term will continue to depend on tourist arrivals from the US, Canada, and Europe and potential damages from natural disasters. After taking office in 2004, the SPENCER government adopted an ambitious fiscal reform program and was successful in reducing its public debt-to-GDP ratio from approximately 130% in 2010 to 89% in 2012. In 2009, Antigua's economy was severely hit by the global economic crisis and suffered from the collapse of its largest private sector employer, a steep decline in tourism, a rise in debt, and a sharp economic contraction between 2009-11. Antigua has not yet returned to its pre-crisis growth levels.
More on the Antigua and Barbuda Economy
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GDP (Constant Prices, National Currency) for Antigua and Barbuda in year 2015 is CXD 2.584 Billion.

GDP Growth (Constant Prices, National Currency) for Antigua and Barbuda in year 2015 is 2.15 %.

GDP (Current Prices, National Currency) for Antigua and Barbuda in year 2015 is CXD 3.476 Billion.

GDP (Current Prices, US Dollars) for Antigua and Barbuda in year 2015 is US$ 1.287 Billion.

GDP Deflator for Antigua and Barbuda in year 2015 is 134.509 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Antigua and Barbuda in year 2015 is CXD 28,933.84 .

GDP Per Capita (Current Prices, National Currency) for Antigua and Barbuda in year 2015 is CXD 38,918.62 .

GDP Per Capita (Current Prices, US Dollars) for Antigua and Barbuda in year 2015 is US$ 14,414.30 .

GDP (PPP), US Dollars for Antigua and Barbuda in year 2015 is US$ 2.097 Billion.

GDP Per Capita (PPP), US Dollars for Antigua and Barbuda in year 2015 is US$ 23,475.69 .

GDP Share of World Total (PPP) for Antigua and Barbuda in year 2015 is 0.002 %.

Implied PPP Conversion Rate for Antigua and Barbuda in year 2015 is 1.658 .

Gross National Savings (% of GDP) for Antigua and Barbuda in year 2015 is 12.797 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Antigua and Barbuda in year 2015 is 134.678 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Antigua and Barbuda in year 2015 is 0.969 %.

Inflation, End of Year (Indexed to Year 2000) for Antigua and Barbuda in year 2015 is 135.62 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Antigua and Barbuda in year 2015 is 0.9 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Antigua and Barbuda in year 2015 is 1.947 %.

Import Volumes of Goods Only (Percent Change) for Antigua and Barbuda in year 2015 is 2.15 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Antigua and Barbuda in year 2015 is 6.651 %.

Export Volumes of Goods Only (Percent Change) for Antigua and Barbuda in year 2015 is 54.728 %.

Population for Antigua and Barbuda in year 2015 is 0.089 Million .

General government revenue (National Currency) for Antigua and Barbuda in year 2015 is CXD 0.748 Billions.

General government revenue (% of GDP) for Antigua and Barbuda in year 2015 is 21.523 %.

General government total expenditure (National Currency) for Antigua and Barbuda in year 2015 is CXD 1.04 Billions.

General government total expenditure (% of GDP) for Antigua and Barbuda in year 2015 is 29.928 %.

Total Government Net Lending/ Borrowing (National Currency) for Antigua and Barbuda in year 2015 is CXD -0.292 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Antigua and Barbuda in year 2015 is -8.405 %.

Fiscal Year Gross Domestic Product, Current Prices for Antigua and Barbuda in year 2015 is CXD 3.476 Billions.

Current Account Balance (US Dollars) for Antigua and Barbuda in year 2015 is US$ -0.129 Billion.

Current Account Balance (% GDP) for Antigua and Barbuda in year 2015 is -10.007 %.