Tourism dominates the economy, accounting for more than half of the gross domestic product (GDP). Antigua is famous for its many luxury resorts as an ultra-high end travel destination. Weakened tourist activity in the lower and middle market segments since early 2000 has slowed the economy, however, and squeezed the government into a tight fiscal corner. Antigua and Barbuda has enacted policies to attract high-net-worth citizens and residents, such as enacting a 0% personal income tax rate in 2019.