GDP Deflator — Value US$, 2015 prices in Bhutan
Bhutan: GDP Deflator — Value US$, 2015 prices was 113.69 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Bhutan, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Bhutan stood at 113.69 USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 11.6% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Bhutan peaked at 113.69 USD in 2024 and was at its lowest, 49.27 USD, in 1993.
That places Bhutan 130th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Bhutan, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 57.56 USD | — |
| 1971 | 60.19 USD | +4.6% |
| 1972 | 62.88 USD | +4.5% |
| 1973 | 69.71 USD | +10.9% |
| 1974 | 78.05 USD | +12.0% |
| 1975 | 75.44 USD | -3.3% |
| 1976 | 70.55 USD | -6.5% |
| 1977 | 72.35 USD | +2.5% |
| 1978 | 64.91 USD | -10.3% |
| 1979 | 69.38 USD | +6.9% |
| 1980 | 80.67 USD | +16.3% |
| 1981 | 81.46 USD | +1.0% |
| 1982 | 83.76 USD | +2.8% |
| 1983 | 86.96 USD | +3.8% |
| 1984 | 80.42 USD | -7.5% |
| 1985 | 78.04 USD | -3.0% |
| 1986 | 80.86 USD | +3.6% |
| 1987 | 74.1 USD | -8.4% |
| 1988 | 75.37 USD | +1.7% |
| 1989 | 67.29 USD | -10.7% |
| 1990 | 65.04 USD | -3.4% |
| 1991 | 55.01 USD | -15.4% |
| 1992 | 53.41 USD | -2.9% |
| 1993 | 49.27 USD | -7.8% |
| 1994 | 54.69 USD | +11.0% |
| 1995 | 57.06 USD | +4.3% |
| 1996 | 56.68 USD | -0.7% |
| 1997 | 62.41 USD | +10.1% |
| 1998 | 59.48 USD | -4.7% |
| 1999 | 61.44 USD | +3.3% |
| 2000 | 61.75 USD | +0.5% |
| 2001 | 61.95 USD | +0.3% |
| 2002 | 63.24 USD | +2.1% |
| 2003 | 68.39 USD | +8.1% |
| 2004 | 73.35 USD | +7.3% |
| 2005 | 80.26 USD | +9.4% |
| 2006 | 83.26 USD | +3.7% |
| 2007 | 95.51 USD | +14.7% |
| 2008 | 95.86 USD | +0.4% |
| 2009 | 89.97 USD | -6.1% |
| 2010 | 102.39 USD | +13.8% |
| 2011 | 109.23 USD | +6.7% |
| 2012 | 103.63 USD | -5.1% |
| 2013 | 100.33 USD | -3.2% |
| 2014 | 101.85 USD | +1.5% |
| 2015 | 100 USD | -1.8% |
| 2016 | 99.34 USD | -0.7% |
| 2017 | 106.96 USD | +7.7% |
| 2018 | 103.02 USD | -3.7% |
| 2019 | 103.16 USD | +0.1% |
| 2020 | 103.22 USD | +0.1% |
| 2021 | 111.37 USD | +7.9% |
| 2022 | 110.8 USD | -0.5% |
| 2023 | 110.05 USD | -0.7% |
| 2024 | 113.69 USD | +3.3% |
Bhutan compared with similar countries
- Bhutan's 113.69 USD is above the median for lower middle income countries, which is 112.12 USD, 1.0× the median. (41 countries reporting)
- Bhutan's 113.69 USD is above the median for South Asia, which is 110.41 USD, 1.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 68.1 USD | 57.56 USD | 78.05 USD | 10 |
| 1980s | 78.89 USD | 67.29 USD | 86.96 USD | 10 |
| 1990s | 57.45 USD | 49.27 USD | 65.04 USD | 10 |
| 2000s | 77.36 USD | 61.75 USD | 95.86 USD | 10 |
| 2010s | 102.99 USD | 99.34 USD | 109.23 USD | 10 |
| 2020s | 109.82 USD | 103.22 USD | 113.69 USD | 5 |
Countries ranked near Bhutan
- 127 Colombia 114.22 USD compare
- 128 China, Macao SAR 114 USD compare
- 129 Turkmenistan 113.86 USD compare
- 131 Denmark 113.64 USD compare
- 132 Senegal 113.32 USD compare
- 133 Brunei Darussalam 112.81 USD 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.82 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -72.36 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0008 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 26.59 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.3328 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,495 includes gold, current US$ per person (2025)
- Total reserves minus gold (current US$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Bhutan?
- Gdp deflator — value us$, 2015 prices in Bhutan was 113.69 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Bhutan?
- The highest recorded value was 113.69 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Bhutan?
- The lowest recorded value was 49.27 USD in 1993.
- How does Bhutan rank for gdp deflator — value us$, 2015 prices?
- Bhutan ranks 130th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Bhutan?
- Over the last ten years it is up 11.6%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
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).