Central government debt, total in Bhutan
Bhutan: Central government debt, total was 111.0% in 2020. ▲ Rising
Central government debt, total in Bhutan, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2020, central government debt, total in Bhutan stood at 111.0%. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 22.9% on the previous year and up 118.0% over ten years.
Over the whole period, central government debt, total in Bhutan peaked at 111.0% in 2020 and was at its lowest, 28.3%, in 1995.
Bhutan ranks 6th of 83 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Central government debt, total in Bhutan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 53.3% | — |
| 1991 | 49.4% | -7.4% |
| 1992 | 47.5% | -3.9% |
| 1993 | 40.9% | -13.8% |
| 1994 | 34.4% | -15.9% |
| 1995 | 28.3% | -17.9% |
| 1996 | 37.9% | +33.9% |
| 1997 | 31.9% | -15.6% |
| 1998 | 31.1% | -2.7% |
| 1999 | 36.1% | +16.1% |
| 2000 | 37.3% | +3.3% |
| 2001 | 67.2% | +80.1% |
| 2002 | 54.1% | -19.4% |
| 2003 | 65.6% | +21.3% |
| 2004 | 71.9% | +9.6% |
| 2005 | 75.7% | +5.3% |
| 2006 | 71.3% | -5.8% |
| 2007 | 59.8% | -16.1% |
| 2008 | 57.7% | -3.5% |
| 2009 | 53.9% | -6.5% |
| 2010 | 50.9% | -5.6% |
| 2011 | 57.5% | +13.0% |
| 2012 | 67.0% | +16.4% |
| 2013 | 88.9% | +32.7% |
| 2014 | 85.0% | -4.4% |
| 2015 | 81.1% | -4.6% |
| 2016 | 92.3% | +13.9% |
| 2017 | 95.8% | +3.8% |
| 2018 | 95.8% | +0.1% |
| 2019 | 90.4% | -5.7% |
| 2020 | 111.0% | +22.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.1% | 28.3% | 53.3% | 10 |
| 2000s | 61.5% | 37.3% | 75.7% | 10 |
| 2010s | 80.5% | 50.9% | 95.8% | 10 |
| 2020s | 111.0% | 111.0% | 111.0% | 1 |
Countries ranked near Bhutan
- 3 Barbados 125.0% compare
- 4 United States of America 115.8% compare
- 5 Bahrain 111.6% compare
- 7 El Salvador 107.3% compare
- 8 Spain 105.6% compare
- 9 San Marino 99.9% 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)
- Final consumption expenditure (constant 2015 US$), per capita 2,359 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 3.44 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.16 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 4,920 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 4.78 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 97.37 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 411,678 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.09 % change on previous year (2024)
Frequently asked questions
- What is central government debt, total in Bhutan?
- Central government debt, total in Bhutan was 111.0% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Bhutan?
- The highest recorded value was 111.0% in 2020.
- What is the lowest central government debt, total recorded in Bhutan?
- The lowest recorded value was 28.3% in 1995.
- How does Bhutan rank for central government debt, total?
- Bhutan ranks 6th out of 83 countries with data for 2020.
- Is central government debt, total rising or falling in Bhutan?
- Over the last ten years it is up 118.0%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. 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.