Annual growth of the gross capital formation (%) in Bhutan
Bhutan: Annual growth of the gross capital formation (%) was -12.5% in 2023. ◆ Volatile
Annual growth of the gross capital formation in Bhutan, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, annual growth of the gross capital formation in Bhutan stood at -12.5%.
That represents a change of down 141.6% on the previous year and up 6.0% over ten years.
Over the whole period, annual growth of the gross capital formation in Bhutan peaked at 44.2% in 2010 and was at its lowest, -21.8%, in 2020.
That places Bhutan 160th out of 175 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 26.5% | — |
| 2001 | 23.5% | -11.3% |
| 2002 | 26.5% | +13.0% |
| 2003 | 0.8% | -96.9% |
| 2004 | 5.4% | +561.9% |
| 2005 | -3.5% | -165.1% |
| 2006 | -7.8% | +122.0% |
| 2007 | -13.9% | +78.0% |
| 2008 | 27.4% | -296.5% |
| 2009 | 26.2% | -4.2% |
| 2010 | 44.2% | +68.7% |
| 2011 | 12.0% | -72.8% |
| 2012 | 3.3% | -72.2% |
| 2013 | -13.3% | -497.9% |
| 2014 | -8.2% | -38.7% |
| 2015 | 16.5% | -302.0% |
| 2016 | 11.1% | -32.8% |
| 2017 | -1.4% | -112.5% |
| 2018 | -0.5% | -66.3% |
| 2019 | -7.4% | +1493.1% |
| 2020 | -21.8% | +194.4% |
| 2021 | 20.0% | -191.4% |
| 2022 | 30.1% | +50.8% |
| 2023 | -12.5% | -141.6% |
Bhutan compared with similar countries
- Bhutan's -12.5% is below the median for lower middle income countries, which is 2.8%. (38 countries reporting)
- Bhutan's -12.5% is below the median for South Asia, which is 5.0%. (6 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Bhutan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -1493.1% | -0.5% | -7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.1% | -13.9% | 27.4% | 10 |
| 2010s | 5.6% | -13.3% | 44.2% | 10 |
| 2020s | 3.9% | -21.8% | 30.1% | 4 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- Real gdp growth, annual growth rate 24.04 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.11 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 45.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5765 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 32.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Bhutan?
- Annual growth of the gross capital formation in Bhutan was -12.5% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Bhutan?
- The highest recorded value was 44.2% in 2010.
- What is the lowest annual growth of the gross capital formation recorded in Bhutan?
- The lowest recorded value was -21.8% in 2020.
- How does Bhutan rank for annual growth of the gross capital formation?
- Bhutan ranks 160th out of 175 countries with data for 2023.
- Is annual growth of the gross capital formation rising or falling in Bhutan?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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