Antigua and Barbuda Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Antigua and Barbuda's budget deficit was 0.96% in 2025, ranked 23rd globally. This represents a 40.5% decrease from 2024. Data from IMF WEO, covering 1990–2025.
Overview
Antigua and Barbuda's budget deficit stood at 0.96% in 2025, a decline of +0.65% from 2024. The IMF projects 0.96% by 2025. Antigua and Barbuda ranked 23rd globally.
Antigua and Barbuda's budget deficit has experienced significant fluctuations over the past three and a half decades, with a notable increase in recent years. The island nation's deficit has reached an all-time high of 1.61% of GDP in 2024, surpassing even that of Ireland, which holds the top spot globally at 1.05%. This upward trend is a departure from the 2009 trough of -15.80%, a rare instance of a budget surplus. The latest available data from the IMF WEO indicates a budget deficit of 0.96% of GDP in 2025, ranking Antigua and Barbuda 23rd globally. This represents a sustained increase from the 1990 starting point of 0.12%, and even surpasses the deficit of smaller island nations such as Tuvalu, which stands at 0.65%. A sustained economic growth, either through tourism or other sectors, could help alleviate the deficit, potentially shifting the trajectory of Antigua and Barbuda's fiscal policy.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -0.53% | - | - |
| 2029* IMF | -0.57% | - | - |
| 2028* IMF | -0.59% | - | - |
| 2027* IMF | -0.74% | - | - |
| 2026* IMF | -0.88% | - | - |
| 2025* IMF | 0.96% | - | - |
| 2025 | 0.96% | −0.65% | #23 |
| 2024 | 1.61% | +3.31% | #164 |
| 2023 | -1.70% | +1.15% | #117 |
| 2022 | -2.84% | +1.68% | #95 |
| 2021 | -4.52% | +1.71% | #89 |
| 2020 | -6.23% | −2.59% | #92 |
| 2019 | -3.64% | −1.21% | #54 |
| 2018 | -2.43% | +0.29% | #76 |
| 2017 | -2.72% | −2.58% | #81 |
| 2016 | -0.14% | +2.28% | #147 |
| 2015 | -2.42% | +0.18% | #111 |
| 2014 | -2.60% | +1.23% | #103 |
| 2013 | -3.83% | −2.85% | #62 |
| 2012 | -0.98% | +2.12% | #124 |
| 2011 | -3.09% | −2.85% | #79 |
Detected Pattern
Analysis
Antigua and Barbuda matched the Export Boom Cycle pattern in 1984. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Antigua and Barbuda's budget deficit was 0.96% in 2025. Ranked 23rd globally. This represents a 40.5% decrease from the previous year.
Antigua and Barbuda's budget deficit peaked at 1.61% in 2024.
The lowest budget deficit in Antigua and Barbuda was -15.80% in 2009.
Antigua and Barbuda ranks 23rd globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Antigua and Barbuda's budget deficit is projected to reach 0.96% by 2025 based on IMF projection.
The budget deficit of Antigua and Barbuda in 2025 was 0.96%. This ranks 23rd in the world.
Cite this page
@misc{historysaid_antigua-and-barbuda_budget-deficit,
title = {Antigua and Barbuda Budget Deficit},
url = {https://historysaid.com/antigua-and-barbuda/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}