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Antigua and Barbuda

Antigua and Barbuda : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$437.4 million (2011 est.)
$453.9 million (2010 est.)

Exports

$40.3 million (2011 est.)
$45.33 million (2010 est.)

Inflation rate (consumer prices)

3.3% (2011 est.)
3.1% (2010 est.)

Unemployment rate

11% (2001 est.)

GDP - per capita (PPP)

$18,200 (2011 est.)
$18,300 (2010 est.)
$20,100 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

-4.1% (2010 est.)
-8.9% (2009 est.)
1.8% (2008 est.)

Internet users

65,000 (2009)

Telephones - mobile cellular

163,900 (2009)

Population growth rate

1.276% (2012 est.)

Population

89,018 (July 2012 est.)

Historical background

The Siboney were the first people to inhabit the islands of Antigua and Barbuda in 2400 B.

C.

, but Arawak Indians populated the islands when COLUMBUS landed on his second voyage in 1493.

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Antigua and Barbuda

Economic overview

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.

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Oxford Economics

Country Economic Forecasts > Antigua and Barbuda

Country Economic Forecasts > Antigua and Barbuda

  • $ 185
  • Country report
  • August 2013
  • by Oxford Economics

Antigua ended three years of contraction with modest 1.6% growth in 2012, but the pace of recovery is expected to ease slightly in 2013. The tourism sector is looking weaker than anticipated, with visitors ...

  • Countries : Antigua and Barbuda

The Economist Intelligence Unit

Country Report Organisation of Eastern Caribbean States 1st Quarter 2014

Country Report Organisation of Eastern Caribbean States 1st Quarter 2014

  • $ 285
  • Country report
  • March 2014
  • by The Economist Intelligence Unit

Outlook for 2014-15 The eight members of the Organisation of Eastern Caribbean States (OECS) will continue to enjoy broad political stability in 2014-15. A recovery in economic activity will gather strength ...

  • Countries : Saint Lucia, Antigua and Barbuda, Grenada, Dominica, North America, United Kingdom, World, China

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