Prime Minister Gaston Browne has predicted that Antigua & Barbuda’s economy will double in size within the next five years, citing ongoing investments and strategic development initiatives.
Speaking on Pointe FM, Browne said the country’s gross domestic product (GDP) is nearing $6 billion, with plans to expand it beyond $10 billion through targeted economic policies and infrastructure projects.
“The larger the economy gets, the more resilient it will be. If we continue on this trajectory, within the next five years, we could be looking at an economy valued at $10 to $12 billion,” he said.
The Prime Minister pointed to key investment projects, including a superyacht marina at Fort James, expansions in tourism, and infrastructure upgrades as major drivers of growth.
He also highlighted government initiatives in agriculture, renewable energy, and financial services as essential components of long-term economic stability.
Browne acknowledged challenges, including global economic uncertainties and geopolitical risks, but said Antigua & Barbuda remains well-positioned for sustained expansion.
