Gross domestic product (GDP) in Bhutan
Bhutan: Gross domestic product (GDP) was 11.34 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Bhutan, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Bhutan stood at 11.34 billion international-$ in 2021 prices. That is the highest value across all 54 years on record.
The figure is up 6.6% on the previous year and up 60.3% over ten years.
Over the whole period, gross domestic product (gdp) in Bhutan peaked at 11.34 billion international-$ in 2021 prices in 2023 and was at its lowest, 654.06 million international-$ in 2021 prices, in 1970.
Bhutan ranks 154th of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 752.59 million international-$ in 2021 prices | 654.06 million international-$ in 2021 prices | 937.34 million international-$ in 2021 prices | 10 |
| 1980s | 1.35 billion international-$ in 2021 prices | 938.86 million international-$ in 2021 prices | 1.66 billion international-$ in 2021 prices | 10 |
| 1990s | 2.10 billion international-$ in 2021 prices | 1.73 billion international-$ in 2021 prices | 2.93 billion international-$ in 2021 prices | 10 |
| 2000s | 4.42 billion international-$ in 2021 prices | 3.07 billion international-$ in 2021 prices | 5.87 billion international-$ in 2021 prices | 10 |
| 2010s | 8.73 billion international-$ in 2021 prices | 6.94 billion international-$ in 2021 prices | 10.89 billion international-$ in 2021 prices | 10 |
| 2020s | 10.79 billion international-$ in 2021 prices | 10.38 billion international-$ in 2021 prices | 11.34 billion international-$ in 2021 prices | 4 |
Countries ranked near Bhutan
- 151 Bahamas 13.74 billion international-$ in 2021 prices compare
- 152 Burundi 13.56 billion international-$ in 2021 prices compare
- 153 Fiji 12.86 billion international-$ in 2021 prices compare
- 155 Eswatini 11.03 billion international-$ in 2021 prices compare
- 156 Suriname 10.47 billion international-$ in 2021 prices compare
- 157 Maldives 9.75 billion international-$ in 2021 prices compare
More economy & growth data for Bhutan
- External balance on goods and services as a percent of GDP -16.4% (2024)
- Inflation of consumer prices 3.6% (2025)
- GDP per capita 3,989 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.6% (2024)
- Gross domestic product (GDP) 3.18 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 3,989 constant 2015 US$ (2025)
- DEC alternative conversion factor 87.16 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.98 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 155.11 million current US$ (2024)
- Taxes less subsidies on products 7.44 billion current LCU (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Bhutan?
- Gross domestic product (gdp) in Bhutan was 11.34 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Bhutan?
- The highest recorded value was 11.34 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Bhutan?
- The lowest recorded value was 654.06 million international-$ in 2021 prices in 1970.
- How does Bhutan rank for gross domestic product (gdp)?
- Bhutan ranks 154th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Bhutan?
- Over the last ten years it is up 60.3%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.