Goods and services expense in Bhutan
Bhutan: Goods and services expense was 19.0% in 2020. ▼ Falling
Goods and services expense in Bhutan, 1982–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Bhutan is 19.0%, measured in 2020. That is the lowest value across all 36 years on record.
That represents a change of down 24.2% on the previous year and down 48.7% over ten years.
Over the whole period, goods and services expense in Bhutan peaked at 68.8% in 1984 and was at its lowest, 19.0%, in 2020.
That places Bhutan 51st out of 154 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Goods and services expense in Bhutan, year by year
| Year | % of expense | Change |
|---|---|---|
| 1982 | 61.9% | — |
| 1983 | 62.2% | +0.4% |
| 1984 | 68.8% | +10.6% |
| 1988 | 45.1% | -34.4% |
| 1989 | 40.0% | -11.4% |
| 1990 | 43.1% | +7.9% |
| 1991 | 41.9% | -2.9% |
| 1992 | 45.2% | +7.9% |
| 1993 | 46.4% | +2.6% |
| 1994 | 39.3% | -15.1% |
| 1995 | 40.1% | +2.0% |
| 1996 | 37.2% | -7.4% |
| 1997 | 42.3% | +13.9% |
| 1998 | 46.9% | +10.8% |
| 1999 | 45.5% | -2.9% |
| 2000 | 46.5% | +2.1% |
| 2001 | 44.7% | -3.8% |
| 2002 | 44.8% | +0.2% |
| 2003 | 39.0% | -13.0% |
| 2004 | 44.1% | +13.3% |
| 2005 | 44.6% | +1.0% |
| 2006 | 44.4% | -0.3% |
| 2007 | 43.7% | -1.7% |
| 2008 | 35.2% | -19.4% |
| 2009 | 32.7% | -7.3% |
| 2010 | 37.0% | +13.3% |
| 2011 | 39.3% | +6.2% |
| 2012 | 35.7% | -9.3% |
| 2013 | 33.0% | -7.5% |
| 2014 | 31.8% | -3.6% |
| 2015 | 25.8% | -18.9% |
| 2016 | 25.4% | -1.4% |
| 2017 | 25.9% | +2.0% |
| 2018 | 22.6% | -13.0% |
| 2019 | 25.0% | +10.9% |
| 2020 | 19.0% | -24.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 55.6% | 40.0% | 68.8% | 5 |
| 1990s | 42.8% | 37.2% | 46.9% | 10 |
| 2000s | 42.0% | 32.7% | 46.5% | 10 |
| 2010s | 30.2% | 22.6% | 39.3% | 10 |
| 2020s | 19.0% | 19.0% | 19.0% | 1 |
Countries ranked near Bhutan
More public sector data for Bhutan
- Arms imports 4.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 5.16 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per square kilometre 104.88 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 12.3% (2020)
- Capital stock, General government, Current prices, Domestic currency 245.49 (2019)
- Taxes on income, profits and capital gains 19.9% (2020)
- Capital stock, General government, Constant prices, Percent of GDP 94.12 (2019)
- Capital stock, General government, Constant prices, Purchasing power 8.39 (2019)
- Taxes on goods and services 17.9% (2020)
Frequently asked questions
- What is goods and services expense in Bhutan?
- Goods and services expense in Bhutan was 19.0% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Bhutan?
- The highest recorded value was 68.8% in 1984.
- What is the lowest goods and services expense recorded in Bhutan?
- The lowest recorded value was 19.0% in 2020.
- How does Bhutan rank for goods and services expense?
- Bhutan ranks 51st out of 154 countries with data for 2020.
- Is goods and services expense rising or falling in Bhutan?
- Over the last ten years it is down 48.7%. The long-run trend across the full record is falling.
- Where does this Bhutan data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.