Antigua and Barbuda’s per capita income has exceeded $60,000, placing the nation in the high-income bracket, according to Prime Minister Gaston Browne. Speaking about the country’s economic progress, Browne outlined the factors contributing to this milestone, including robust performances in key sectors such as construction and tourism.
“This achievement is a testament to the resilience and hard work of our people,” Browne said. “It reflects the strength of our economy and the strategic initiatives we have implemented to drive growth and development.”
Browne highlighted tourism as a major driver of the economy, reporting increased cruise and overnight visitor arrivals in 2024. He noted the impact on small businesses, vendors, and taxi operators, whose incomes have risen alongside the sector’s growth.
“Taxi operators are now part of the six-figure club,” Browne stated. “This underscores the direct benefits of a thriving tourism industry for ordinary citizens and their families.”
The construction sector also played a significant role in boosting economic activity, with approximately $900 million spent on infrastructure and private projects in 2024. Browne said this surge in construction has created numerous job opportunities and increased wages for workers.
“Skilled laborers are now earning as much as $250 per day,” he said. “The demand for labor is so high that we are experiencing shortages in some areas.”
Browne credited government initiatives, including entrepreneurial support programs and housing assistance, with helping citizens move out of poverty and into the middle class. He reiterated his administration’s commitment to ensuring that economic growth benefits all segments of society.
“Our focus has been on creating opportunities for upward mobility,” Browne said. “These programs are designed to uplift families and empower them to achieve financial independence.”
While celebrating the progress made in 2024, Browne acknowledged the challenges ahead and emphasized the need for continued focus on economic resilience and diversification. He urged all stakeholders to work collaboratively toward sustained growth.
“We are building a future where every citizen can share in the prosperity of our nation,” Browne concluded. “This is just the beginning, and we must remain committed to advancing the development of Antigua and Barbuda.”
As the nation enters 2025, the government’s focus remains on maintaining economic stability and improving the quality of life for its citizens.
Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Antigua!
We offer fully customizable and flexible digital marketing packages.
Contact us at [email protected]
