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Antigua & Barbuda Celebrates 300% GDP Growth Surge

Antigua

Antigua and Barbuda is stepping into its next quarter century with confidence, as the Government declares the country “solid, stable, soaring” after recording a striking 300 percent increase in GDP over the last 25 years.

During the 2026 Speech from the Throne, Governor-General Sir Rodney Williams revealed that Antigua and Barbuda’s economy expanded from US $802 million in 2000 to more than US $2 billion in 2025. He described this rise as an accomplishment that few small-island states have matched, especially given the global and regional challenges the country has faced.

Sir Rodney highlighted several moments that tested the nation’s resilience — including hurricanes, prolonged droughts, the 2008 financial crisis, and the unprecedented disruption of the COVID-19 pandemic. Despite these threats, Antigua and Barbuda continued to rebuild, attract investment, and strengthen key industries.

He praised the country’s workers, entrepreneurs, foreign investors, and policymakers for helping create an economy that he said now stands as “one of the most prosperous and most productive in the Caribbean.” Their collective effort, he added, pushed the nation onto a path of long-term stability and renewed global competitiveness.

Sir Rodney also emphasized the country’s rise on the UN Human Development Index, where Antigua and Barbuda now ranks 53rd—higher than every other Caribbean nation. This position, he said, reflects improvements in education, income levels, and access to essential services.

The Governor-General noted that the average income now exceeds EC$60,000, a shift he linked to increased foreign direct investment, stronger social programs, and a stable political climate that continues to attract major development projects.

Looking ahead, Sir Rodney insisted that the Government plans to deepen economic diversification, prepare young people for emerging industries, and fortify the nation against climate-related threats. He said the next 25 years should focus on building wealth that is sustainable, inclusive, and resilient.

According to the Government, Antigua and Barbuda is not only growing — it is positioning itself to lead the Caribbean into a new era of economic strength and opportunity.

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