Antigua and Barbuda’s Growth to Continue on the Strength of Construction and Tourism
- Fitch Solutions expect Antigua and Barbuda’s economic growth will moderate in 2019, as a hurricane recovery-driven construction boom slowly fades.
- That said, growth is expected to remain relatively strong, as activity in the tourism and construction sectors remain robust. Fitch forecasts real GDP growth of 4.4% in 2019 and 3.3% in 2020.
- Over the medium term, a slowing global economy and pressure on the government to rein in spending will provide headwinds to growth.
(Source: Fitch Solutions)