Economy of Antigua and Barbuda

Imports

Imports commoditiesfood and live animals, machinery and transport equipment, manufactures, chemicals, oil

Exports

Exports commoditiespetroleum products, bedding, handicrafts, electronic components, transport equipment, food and live animals

Economy sectors

Agriculture productscotton, fruits, vegetables, bananas, coconuts, cucumbers, mangoes, sugarcane; livestock

Industrial productstourism, construction, light manufacturing (clothing, alcohol, household appliances)

Economy

Unemployment7.00 % (2000)

GDP - Official Exchange Rate1.22 Billion $ (2013)1.16 Billion $ (2012)1.13 Billion $ (2011)

GDP growth rate1.70 % (2013)1.60 % (2012)-5.50 % (2011)

GDP per Capita (PPP)18,400 $ (2013)17,800 $ (2012)17,300 $ (2011)

GDP - Purchasing Power Parity1.61 Billion $ (2013)1.56 Billion $ (2012)1.52 Billion $ (2011)

GDP PPP per land area3.64 Million $ per square kilometer (2013)3.53 Million $ per square kilometer (2012)3.43 Million $ per square kilometer (2011)

Electricity

Banking

Central bank discount rate6.50 % (2010)6.50 % (2009)6.50 % (2008)

Commercial bank prime lending rate10.3 % (2013)10.1 % (2012)10.9 % (2011)

GDP decomposition by sector

Agriculture % of GDP2.20 % (2013)2.20 % (2012)

Industry % of GDP16.4 % (2013)16.6 % (2012)

Services % of GDP81.4 % (2013)81.2 % (2012)

Tourism

International tourism, number of arrivals247 Thousand (2012)241 Thousand (2011)230 Thousand (2010)

International tourism, number of departures434 Thousand (2008)369 Thousand (1996)386 Thousand (1995)

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)89.0 % of GDP (2012)130 % of GDP (2010)90.0 % of GDP (2008)

Current Account Balance (Percentage of GDP)-6.58 % of GDP (2012)-10.77 % of GDP (2011)-14.72 % of GDP (2010)

Current Account Balance (Total)-164.80 Million $ (2013)-78.50 Million $ (2012)-120.10 Million $ (2011)

External Debt (Total)441 Million $ (2012)458 Million $ (2010)360 Million $ (2006)

External Debt (Percentage of GDP)38.0 % of GDP (2012)41.4 % of GDP (2010)31.5 % of GDP (2006)

External Debt per Capita4,956 $ (2012)5,250 $ (2010)4,311 $ (2006)