GDP Deflator — Value Standard Local Currency, 2015 prices in Bhutan

Bhutan: GDP Deflator — Value Standard Local Currency, 2015 prices was 148.28 SLC in 2024. ◆ Volatile

Latest (2024)
148.28 SLC
Change on year
up 4.7%
World rank
71st
of 194 countries
All-time high
148.28 SLC
in 2024
All-time low
6.73 SLC
in 1970
Years of data
55
1970–2024

GDP Deflator — Value Standard Local Currency, 2015 prices in Bhutan, 1970–2024

050100150197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in SLC.

Analysis

Bhutan recorded 148.28 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 4.7% on the previous year and up 53.0% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices in Bhutan peaked at 148.28 SLC in 2024 and was at its lowest, 6.73 SLC, in 1970.

That places Bhutan 71st out of 194 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP Deflator — Value Standard Local Currency, 2015 prices in Bhutan, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices in Bhutan, 1970 to 2024.
Year SLC Change
1970 6.73 SLC
1971 7.03 SLC +4.5%
1972 7.44 SLC +5.9%
1973 8.41 SLC +13.0%
1974 9.86 SLC +17.2%
1975 9.85 SLC -0.1%
1976 9.85 SLC +0.0%
1977 9.85 SLC +0.0%
1978 8.29 SLC -15.9%
1979 8.79 SLC +6.0%
1980 9.89 SLC +12.5%
1981 10.99 SLC +11.2%
1982 12.35 SLC +12.3%
1983 13.69 SLC +10.9%
1984 14.24 SLC +4.0%
1985 15.05 SLC +5.6%
1986 15.89 SLC +5.6%
1987 14.97 SLC -5.8%
1988 16.35 SLC +9.2%
1989 17.02 SLC +4.1%
1990 17.74 SLC +4.3%
1991 19.5 SLC +9.9%
1992 21.58 SLC +10.7%
1993 23.42 SLC +8.5%
1994 26.75 SLC +14.2%
1995 28.84 SLC +7.8%
1996 31.31 SLC +8.6%
1997 35.33 SLC +12.8%
1998 38.25 SLC +8.3%
1999 41.23 SLC +7.8%
2000 43.26 SLC +4.9%
2001 45.57 SLC +5.3%
2002 47.92 SLC +5.2%
2003 49.66 SLC +3.6%
2004 51.82 SLC +4.3%
2005 55.17 SLC +6.5%
2006 58.8 SLC +6.6%
2007 61.56 SLC +4.7%
2008 65.01 SLC +5.6%
2009 67.89 SLC +4.4%
2010 72.98 SLC +7.5%
2011 79.46 SLC +8.9%
2012 86.32 SLC +8.6%
2013 91.65 SLC +6.2%
2014 96.89 SLC +5.7%
2015 100 SLC +3.2%
2016 104.05 SLC +4.0%
2017 108.58 SLC +4.3%
2018 109.82 SLC +1.2%
2019 113.24 SLC +3.1%
2020 119.22 SLC +5.3%
2021 128.32 SLC +7.6%
2022 135.75 SLC +5.8%
2023 141.69 SLC +4.4%
2024 148.28 SLC +4.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.61 SLC 6.73 SLC 9.86 SLC 10
1980s 14.04 SLC 9.89 SLC 17.02 SLC 10
1990s 28.4 SLC 17.74 SLC 41.23 SLC 10
2000s 54.67 SLC 43.26 SLC 67.89 SLC 10
2010s 96.3 SLC 72.98 SLC 113.24 SLC 10
2020s 134.66 SLC 119.22 SLC 148.28 SLC 5

Countries ranked near Bhutan

  1. 68 Peru 149.18 SLC compare
  2. 69 Iceland 149.16 SLC compare
  3. 70 Botswana 149.1 SLC compare
  4. 72 Poland 146.51 SLC compare
  5. 73 Czechia 146.42 SLC compare
  6. 74 Norway 145.65 SLC compare

See the full ranking of 210 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices in Bhutan?
Gdp deflator — value standard local currency, 2015 prices in Bhutan was 148.28 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Bhutan?
The highest recorded value was 148.28 SLC in 2024.
What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Bhutan?
The lowest recorded value was 6.73 SLC in 1970.
How does Bhutan rank for gdp deflator — value standard local currency, 2015 prices?
Bhutan ranks 71st out of 194 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices rising or falling in Bhutan?
Over the last ten years it is up 53.0%. The long-run trend across the full record is volatile.
Where does this Bhutan data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices in Bhutan. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 August 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices/bhutan/

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About this data

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
210 places, 10,863 data points, 1970–2024
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).