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Asokore Beckles

Country profile · Issue No. 01 · May 2026

Antigua and Barbuda.

ATG

Antigua and Barbuda’s row in the Caribbean Debt Tracker. Five metrics, the stated fiscal anchor, current IMF engagement, and the primary sources behind every figure. Last verified 2026-05-25.

Debt to GDP
68.3%

as of 2025

Primary balance
+4.9%

% of GDP

Real GDP growth
2.6%

2026 projection

Fiscal anchor

ECCU regional benchmark: public debt to 60% of GDP by 2035.

IMF programme status

No active programme; Article IV surveillance

Notes

Figures from the 2026 Article IV Country Report (PR 26/142, Selected Economic and Financial Indicators table) confirm public debt at 68.3% of GDP in 2025, down from 69.3% in 2024, with the ratio projected to fall to 66.5% in 2026 and to 58.4% by 2031 (below the ECCU 60% benchmark). The 2025 central government primary balance came in at 4.9% of GDP, up from 4.0% in 2024, underpinned by stronger Citizenship-by-Investment Program inflows, higher tax revenue, restraint in current spending, and a modest rise in capital spending; staff project the primary balance to moderate to 1.4% in 2026 and around 1.0% over the medium term. Real GDP grew 3.0% in 2025 (from 2.5% in 2024), with 2026 growth projected at 2.6% and the medium-term potential rate near 2½%. Inflation moderated from 6.2% (2024 average) to 1.4% in 2025. Persistent arrears to Paris Club creditors and domestic suppliers and elevated gross financing needs continue to constrain debt sustainability, and the Executive Board urged the authorities to develop and implement a comprehensive arrears strategy.

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