Gross domestic product (GDP) in Bhutan
Bhutan: Gross domestic product (GDP) was 338.52 billion Domestic currency in 2027. ◆ Volatile
Gross domestic product (GDP) in Bhutan, 1963–2027
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Bhutan recorded 338.52 billion Domestic currency for gross domestic product (gdp) in 2027. That is the highest value across all 65 years on record.
That represents a change of up 10.3% on the previous year and up 122.1% over ten years.
Over the whole period, gross domestic product (gdp) in Bhutan peaked at 338.52 billion Domestic currency in 2027 and was at its lowest, 261.76 million Domestic currency, in 1963.
Bhutan ranks 61st of 86 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Bhutan, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 1963 | 261.76 million Domestic currency | — |
| 1964 | 277.37 million Domestic currency | +6.0% |
| 1965 | 290.53 million Domestic currency | +4.7% |
| 1966 | 319.15 million Domestic currency | +9.9% |
| 1967 | 350.12 million Domestic currency | +9.7% |
| 1968 | 367.17 million Domestic currency | +4.9% |
| 1969 | 400.09 million Domestic currency | +9.0% |
| 1970 | 443.94 million Domestic currency | +11.0% |
| 1971 | 476.13 million Domestic currency | +7.3% |
| 1972 | 510.67 million Domestic currency | +7.3% |
| 1973 | 585.48 million Domestic currency | +14.6% |
| 1974 | 720.94 million Domestic currency | +23.1% |
| 1975 | 697.12 million Domestic currency | -3.3% |
| 1976 | 759.47 million Domestic currency | +8.9% |
| 1977 | 819.49 million Domestic currency | +7.9% |
| 1978 | 738.62 million Domestic currency | -9.9% |
| 1979 | 820.64 million Domestic currency | +11.1% |
| 1980 | 969.36 million Domestic currency | +18.1% |
| 1981 | 1.15 billion Domestic currency | +18.8% |
| 1982 | 1.32 billion Domestic currency | +14.9% |
| 1983 | 1.52 billion Domestic currency | +15.2% |
| 1984 | 1.78 billion Domestic currency | +16.5% |
| 1985 | 2.00 billion Domestic currency | +12.7% |
| 1986 | 2.31 billion Domestic currency | +15.2% |
| 1987 | 2.87 billion Domestic currency | +24.5% |
| 1988 | 3.53 billion Domestic currency | +23.0% |
| 1989 | 4.11 billion Domestic currency | +16.4% |
| 1990 | 4.77 billion Domestic currency | +16.1% |
| 1991 | 5.37 billion Domestic currency | +12.5% |
| 1992 | 5.99 billion Domestic currency | +11.5% |
| 1993 | 6.72 billion Domestic currency | +12.2% |
| 1994 | 7.70 billion Domestic currency | +14.6% |
| 1995 | 9.01 billion Domestic currency | +17.0% |
| 1996 | 10.34 billion Domestic currency | +14.8% |
| 1997 | 12.07 billion Domestic currency | +16.8% |
| 1998 | 14.23 billion Domestic currency | +17.9% |
| 1999 | 16.56 billion Domestic currency | +16.4% |
| 2000 | 18.45 billion Domestic currency | +11.5% |
| 2001 | 20.46 billion Domestic currency | +10.9% |
| 2002 | 23.55 billion Domestic currency | +15.1% |
| 2003 | 26.73 billion Domestic currency | +13.5% |
| 2004 | 29.53 billion Domestic currency | +10.5% |
| 2005 | 33.04 billion Domestic currency | +11.9% |
| 2006 | 37.39 billion Domestic currency | +13.2% |
| 2007 | 43.98 billion Domestic currency | +17.6% |
| 2008 | 50.86 billion Domestic currency | +15.7% |
| 2009 | 56.57 billion Domestic currency | +11.2% |
| 2010 | 65.26 billion Domestic currency | +15.3% |
| 2011 | 76.86 billion Domestic currency | +17.8% |
| 2012 | 89.06 billion Domestic currency | +15.9% |
| 2013 | 99.05 billion Domestic currency | +11.2% |
| 2014 | 109.65 billion Domestic currency | +10.7% |
| 2015 | 122.50 billion Domestic currency | +11.7% |
| 2016 | 136.91 billion Domestic currency | +11.8% |
| 2017 | 152.39 billion Domestic currency | +11.3% |
| 2018 | 163.46 billion Domestic currency | +7.3% |
| 2019 | 172.95 billion Domestic currency | +5.8% |
| 2020 | 175.43 billion Domestic currency | +1.4% |
| 2021 | 180.03 billion Domestic currency | +2.6% |
| 2022 | 200.15 billion Domestic currency | +11.2% |
| 2023 | 222.81 billion Domestic currency | +11.3% |
| 2024 | 248.56 billion Domestic currency | +11.6% |
| 2025 | 277.03 billion Domestic currency | +11.5% |
| 2026 | 306.79 billion Domestic currency | +10.7% |
| 2027 | 338.52 billion Domestic currency | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 323.74 million Domestic currency | 261.76 million Domestic currency | 400.09 million Domestic currency | 7 |
| 1970s | 657.25 million Domestic currency | 443.94 million Domestic currency | 820.64 million Domestic currency | 10 |
| 1980s | 2.16 billion Domestic currency | 969.36 million Domestic currency | 4.11 billion Domestic currency | 10 |
| 1990s | 9.27 billion Domestic currency | 4.77 billion Domestic currency | 16.56 billion Domestic currency | 10 |
| 2000s | 34.06 billion Domestic currency | 18.45 billion Domestic currency | 56.57 billion Domestic currency | 10 |
| 2010s | 118.81 billion Domestic currency | 65.26 billion Domestic currency | 172.95 billion Domestic currency | 10 |
| 2020s | 243.66 billion Domestic currency | 175.43 billion Domestic currency | 338.52 billion Domestic currency | 8 |
Countries ranked near Bhutan
- 58 New Zealand 502.68 billion Domestic currency compare
- 59 Republic of Moldova 469.26 billion Domestic currency compare
- 60 Turkmenistan 407.48 billion Domestic currency compare
- 62 Finland 313.36 billion Domestic currency compare
- 63 Portugal 304.95 billion Domestic currency compare
- 64 Greece 252.59 billion Domestic currency compare
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 gross domestic product (gdp) in Bhutan?
- Gross domestic product (gdp) in Bhutan was 338.52 billion Domestic currency in 2027, according to International Monetary Fund.
- What is the highest gross domestic product (gdp) recorded in Bhutan?
- The highest recorded value was 338.52 billion Domestic currency in 2027.
- What is the lowest gross domestic product (gdp) recorded in Bhutan?
- The lowest recorded value was 261.76 million Domestic currency in 1963.
- How does Bhutan rank for gross domestic product (gdp)?
- Bhutan ranks 61st out of 86 countries with data for 2027.
- Is gross domestic product (gdp) rising or falling in Bhutan?
- Over the last ten years it is up 122.1%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP) (Total economy, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Public Sector Balance Sheet (PSBS) Database shows comprehensive estimates of public sector assets and liabilities that formed the basis for the analysis presented in the October 2018 edition of the Fiscal Monitor. The database covers a broad sample of 55 countries, of which 25 countries contain time-series estimated PSBS and the rest for one single-year data compiled as part of Financial Transparency Evaluations and IMF Technical Assistance missions. The PSBS database is compiled on a best-effort basis, using the conceptual framework of the IMF's Government Finance Statistics Manual 2014. Data for the central and general government generally replicate data reported by country authorities in the IMF's Government Finance Statistics database. Data for the central bank generally replicate data reported by country authorities in the IMF's Monetary and Financial Statistics database. Where these data fail to cover all categories of assets and liabilities, they are complemented by other data reported by statistical authorities at the national level. other international organizations, or staff estimates. Data sources for public corporations are country specific and are captured in the country specific metadata documents.