Trade openness — all countries

Trade openness — Antigua and Barbuda

Trade openness in Antigua and Barbuda in 2022 — 118.3%. Ranked 51 in the world out of 183. Since 2014, the indicator has fallen by 23.24 pp.

2022 118.3% +17.23 pp vs 2021
World rank 51of 183
Period maximum 141.55%2014
Period minimum 94.29%2020

Trend over time

2014–2022 · % of GDP

Trade openness — Antigua and Barbuda, 2014–2022801001201401602014201520162017201820192020202120222014: 141.55%2015: 130.07%2016: 132.03%2017: 127.66%2018: 130.66%2019: 137.54%2020: 94.29%2021: 101.07%2022: 118.3%
Change over the period: −23.24 pp Annual average: -2.91 pp

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: Antigua and Barbuda

Antigua and Barbuda 118.3%
World 62.15%
High-income countries computed 65.65%
Trade openness — Antigua and Barbuda, by year Antigua and Barbuda All countries CSV XLSX
Year % Change, pp
2022 118.3 +17.23 pp
2021 101.07 +6.79 pp
2020 94.29 −43.25 pp
2019 137.54 +6.88 pp
2018 130.66 +2.99 pp
2017 127.66 −4.36 pp
2016 132.03 +1.95 pp
2015 130.07 −11.47 pp
2014 141.55

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

Source: World Development Indicators (World Bank), license CC BY 4.0.