Antigua and Barbuda

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Country summary


Saint John's



Government type

constitutional monarchy with a parliamentary system of government and a Commonwealth realm


85,632 (July 2010 est.)[1]

Population growth

1.303% (2010 est.)[1]

Life expectancy

74.76 years[1]


11% (2001 est.)[1]

Doing Business ranking


The Siboney were the first 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. Early settlements by the Spanish and French were succeeded by the English who formed a colony in 1667. Slavery, established to run the sugar plantations on Antigua, was abolished in 1834. The islands became an independent state within the British Commonwealth of Nations in 1981.[1]

Economical characteristics

  • Currency: East Caribbean dollar (ISO code: XCD)
  • This country does not seem to have a central bank.
  • Central bank discount rate: 6.5% (31 December 2008)[1]
  • Commercial banks lending rate: 10.43% (31 December 2008)[1]
  • Stock of money (M1): $296.4 million (31 December 2008)[1]
  • Quasi money (with M1 makes M2): $939.9 million (31 December 2008)[1]


Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[3] 652 664 696 714 753 815 868 1 003 1 155 1 217
Govt. debt (% of GDP)[4]
Govt. revenue (% of GDP)[5]
Govt. expenses (% of GDP)[6]
Debt to revenue (years)


Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Antigua and Barbuda", from The World Factbook. Referenced 2010-09-30.
  2. Doing Business. "Antigua and Barbuda", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-30.
  3. World Bank. "Antigua and Barbuda: GDP", from World Bank Data. Referenced 2010-09-30.
  4. World Bank. "Antigua and Barbuda: government debt", from World Bank Data. Referenced 2010-09-30.
  5. World Bank. "Antigua and Barbuda: government revenue", from World Bank Data. Referenced 2010-09-30.
  6. World Bank. "Antigua and Barbuda: government expenses", from World Bank Data. Referenced 2010-09-30.