Annual growth rate of real GDP per capita in Bhutan
Bhutan: Annual growth rate of real GDP per capita was 6.8% in 2024. ◆ Volatile
Latest (2024)
6.8%
Change on year
up 74.4%
World rank
8th
of 226 countries
All-time high
14.8%
in 2007
All-time low
-10.8%
in 2020
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Bhutan, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth rate of real gdp per capita in Bhutan stood at 6.8%.
That represents a change of up 74.4% on the previous year and up 44.7% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Bhutan peaked at 14.8% in 2007 and was at its lowest, -10.8%, in 2020.
Bhutan ranks 8th of 226 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Bhutan, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.4% | — |
| 2001 | 4.9% | -33.8% |
| 2002 | 8.0% | +63.3% |
| 2003 | 5.5% | -31.2% |
| 2004 | 3.1% | -43.6% |
| 2005 | 5.1% | +64.5% |
| 2006 | 4.2% | -17.6% |
| 2007 | 14.8% | +252.4% |
| 2008 | 3.4% | -77.0% |
| 2009 | 6.5% | +91.2% |
| 2010 | 11.6% | +78.5% |
| 2011 | 7.3% | -37.1% |
| 2012 | 4.0% | -45.2% |
| 2013 | 0.6% | -85.0% |
| 2014 | 4.7% | +683.3% |
| 2015 | 5.6% | +19.1% |
| 2016 | 7.4% | +32.1% |
| 2017 | 1.2% | -83.8% |
| 2018 | 2.8% | +133.3% |
| 2019 | 5.1% | +82.1% |
| 2020 | -10.8% | -311.8% |
| 2021 | 3.7% | -134.3% |
| 2022 | 4.5% | +21.6% |
| 2023 | 3.9% | -13.3% |
| 2024 | 6.8% | +74.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.3% | 3.1% | 14.8% | 10 |
| 2010s | 5.0% | 0.6% | 11.6% | 10 |
| 2020s | 1.6% | -10.8% | 6.8% | 5 |
Countries ranked near Bhutan
- 6 Comoros 8.6% compare
- 7 Kyrgyzstan 7.3% compare
- 8 Cabo Verde 6.8% compare
- 10 Aruba 6.7% compare
- 10 Guinea 6.7% compare
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)
- Total reserves minus gold (current US$), annual growth rate 24.21 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.3236 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,454 current US$ per person (2025)
- General government final consumption expenditure (current US$) 9.09 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1997 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 844.39 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 10.5 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 16.71 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Bhutan?
- Annual growth rate of real gdp per capita in Bhutan was 6.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Bhutan?
- The highest recorded value was 14.8% in 2007.
- What is the lowest annual growth rate of real gdp per capita recorded in Bhutan?
- The lowest recorded value was -10.8% in 2020.
- How does Bhutan rank for annual growth rate of real gdp per capita?
- Bhutan ranks 8th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Bhutan?
- Over the last ten years it is up 44.7%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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