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: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, annual growth of the gross capital formation in Bhutan stood at -12.5%.
Compared with earlier readings it is 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, -21.9%, in 2020.
That places Bhutan 152nd out of 167 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 | 26.4% | — |
| 2001 | 23.5% | -11.3% |
| 2002 | 26.5% | +13.0% |
| 2003 | 0.8% | -96.9% |
| 2004 | 5.4% | +561.0% |
| 2005 | -3.5% | -165.1% |
| 2006 | -7.8% | +121.8% |
| 2007 | -13.9% | +77.9% |
| 2008 | 27.4% | -296.5% |
| 2009 | 26.2% | -4.2% |
| 2010 | 44.2% | +68.7% |
| 2011 | 12.0% | -72.8% |
| 2012 | 3.4% | -72.2% |
| 2013 | -13.3% | -497.3% |
| 2014 | -8.2% | -38.7% |
| 2015 | 16.5% | -302.1% |
| 2016 | 11.1% | -32.9% |
| 2017 | -1.4% | -112.5% |
| 2018 | -0.5% | -65.9% |
| 2019 | -7.4% | +1478.7% |
| 2020 | -21.9% | +194.5% |
| 2021 | 20.0% | -191.4% |
| 2022 | 30.1% | +50.8% |
| 2023 | -12.5% | -141.6% |
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% | -21.9% | 30.1% | 4 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- 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)
- Gross capital formation (constant 2015 US$), annual growth rate 5.33 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.4185 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 1,770 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -0.336 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.4787 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 2,024 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 0.9551 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 40.05 current LCU per US$ of GDP (2024)
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 World Bank – processed by Our World in Data.
- 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 -21.9% in 2020.
- How does Bhutan rank for annual growth of the gross capital formation?
- Bhutan ranks 152nd out of 167 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 World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).