Gross Domestic Product in U.S. Dollars for Antigua and Barbuda
ATGNGDPD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,098,129,580.10
Year-over-Year Change
74.85%
Date Range
1/1/2011 - 1/1/2024
Summary
The Gross Domestic Product (GDP) in U.S. Dollars for Antigua and Barbuda measures the total value of all goods and services produced in the country. It is a key indicator of economic growth and development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
GDP in U.S. Dollars is a widely used metric that allows for international comparisons of economic activity. It represents the market value of all final goods and services produced within a country's borders over a specific time period, typically a year.
Methodology
The data is calculated by the World Bank using national accounts data.
Historical Context
GDP is a critical statistic used by policymakers, analysts, and institutions to assess economic performance and guide policy decisions.
Key Facts
- Antigua and Barbuda's GDP in 2021 was $1.72 billion.
- GDP per capita in Antigua and Barbuda was $16,700 in 2021.
- The services sector accounts for over 80% of Antigua and Barbuda's GDP.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product (GDP) in U.S. Dollars for Antigua and Barbuda measures the total market value of all final goods and services produced within the country's borders over a specific time period.
Q: Why is this trend relevant for users or analysts?
A: GDP is a fundamental indicator of a country's economic performance and is widely used by policymakers, economists, and institutions to assess growth, make international comparisons, and guide economic policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data.
Q: How is this trend used in economic policy?
A: GDP is a crucial statistic used by policymakers, analysts, and institutions to evaluate economic conditions, identify trends, and inform policy decisions related to fiscal, monetary, and development strategies.
Q: Are there update delays or limitations?
A: The GDP data for Antigua and Barbuda is typically published with a lag of several months, and may be subject to revisions as more complete information becomes available.
Related Trends
Remittance Inflows to GDP for Antigua and Barbuda
DDOI11AGA156NWDB
Number of Identified Exporters to Antigua and Barbuda from Arizona
AZATGA475SCEN
Number of Identified Exporters to Antigua and Barbuda from Illinois
ILATGA475SCEN
Bank Deposits to GDP for Antigua and Barbuda
DDOI02AGA156NWDB
Number of Identified Exporters to Antigua and Barbuda from Oregon
ORATGA475SCEN
Value of Exports to Antigua and Barbuda from Maryland
MDATGA052SCEN
Citation
U.S. Federal Reserve, Gross Domestic Product in U.S. Dollars for Antigua and Barbuda (ATGNGDPD), retrieved from FRED.