External balance on goods and services in Antigua and Barbuda
Antigua and Barbuda: External balance on goods and services was -8.3% in 2022. ◆ Volatile
External balance on goods and services in Antigua and Barbuda, 2014–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2022, external balance on goods and services in Antigua and Barbuda stood at -8.3%.
That represents a change of down 16.0% on the previous year and down 211.0% over ten years.
Over the whole period, external balance on goods and services in Antigua and Barbuda peaked at 11.3% in 2015 and was at its lowest, -10.5%, in 2020.
Antigua and Barbuda ranks 125th of 193 countries on this measure, in the middle of the range.
External balance on goods and services in Antigua and Barbuda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 7.5% | — |
| 2015 | 11.3% | +51.7% |
| 2016 | 8.0% | -29.2% |
| 2017 | 1.2% | -85.4% |
| 2018 | -5.7% | -589.4% |
| 2019 | 0.8% | -113.9% |
| 2020 | -10.5% | -1428.6% |
| 2021 | -7.2% | -32.0% |
| 2022 | -8.3% | +16.0% |
Antigua and Barbuda compared with similar countries
- Antigua and Barbuda's -8.3% is below the median for high income countries, which is 2.2%. (72 countries reporting)
- Antigua and Barbuda's -8.3% is below the median for Latin America & Caribbean, which is -2.1%, 3.9× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.8% | -5.7% | 11.3% | 6 |
| 2020s | -8.7% | -10.5% | -7.2% | 3 |
Countries ranked near Antigua and Barbuda
- 122 Sierra Leone -7.3% compare
- 123 Uganda -7.3% compare
- 124 Tunisia -8.1% compare
- 126 Lao People's Democratic Republic -8.7%
- 127 Iran, Islamic Republic of -8.7% compare
- 128 Morocco -9.2% compare
More economy & growth data for Antigua and Barbuda
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.34 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.78 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -9.34 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -99.14 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 281.95 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 14.74 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1206 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,993 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.6 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Antigua and Barbuda?
- External balance on goods and services in Antigua and Barbuda was -8.3% in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Antigua and Barbuda?
- The highest recorded value was 11.3% in 2015.
- What is the lowest external balance on goods and services recorded in Antigua and Barbuda?
- The lowest recorded value was -10.5% in 2020.
- How does Antigua and Barbuda rank for external balance on goods and services?
- Antigua and Barbuda ranks 125th out of 193 countries with data for 2022.
- Is external balance on goods and services rising or falling in Antigua and Barbuda?
- Over the last ten years it is down 211.0%. The long-run trend across the full record is volatile.
- Where does this Antigua and Barbuda data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.