Bhutan vs Upper middle income: Gross capital formation

Bhutan
42.6%
in 2024
Upper middle income
33.7%
in 2024
Bhutan rank
4th
Upper middle income rank
6th

Gross capital formation over time

  • Bhutan
  • Upper middle income
204060196019922024

How they compare

Bhutan currently reports 42.6% against 33.7% in Upper middle income, a difference of 8.9%.

That makes Bhutan's figure about 1.3 times Upper middle income's.

Across all 45 years both countries report, Bhutan has been ahead every year.

Bhutan ranks 4th and Upper middle income ranks 6th of 187 countries.

Bhutan has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Bhutan Upper middle income Difference Ahead
1980s 38.5% 25.4% 13.0% Bhutan
1990s 36.6% 26.2% 10.4% Bhutan
2000s 56.5% 28.4% 28.1% Bhutan
2010s 58.8% 34.6% 24.3% Bhutan
2020s 45.4% 35.0% 10.4% Bhutan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, Bhutan or Upper middle income?
Bhutan, at 42.6% against 33.7% in Upper middle income as of 2024.
What is the difference in gross capital formation between Bhutan and Upper middle income?
8.9%, with Bhutan ahead.
How many years of comparable data are there for Bhutan and Upper middle income?
45 years are reported by both, from 1980 to 2024.
How do Bhutan and Upper middle income rank globally for gross capital formation?
Bhutan ranks 4th and Upper middle income ranks 6th of 187 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bhutan vs Upper middle income: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-percent-of-gdp/bhutan/upper-middle-income/

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About this data

Indicator
Gross capital formation (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 10,938 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.