Gross domestic product (GDP) in Bhutan
Bhutan: Gross domestic product (GDP) was 3.18 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
3.18 billion constant 2015 US$
Change on year
up 8.0%
World rank
175th
of 209 countries
All-time high
3.18 billion constant 2015 US$
in 2025
All-time low
126.31 million constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross domestic product (GDP) in Bhutan, 1970–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2025, gross domestic product (gdp) in Bhutan stood at 3.18 billion constant 2015 US$. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 8.0% on the previous year and up 45.2% over ten years.
Over the whole period, gross domestic product (gdp) in Bhutan peaked at 3.18 billion constant 2015 US$ in 2025 and was at its lowest, 126.31 million constant 2015 US$, in 1970.
That places Bhutan 175th out of 209 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Bhutan, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 126.31 million constant 2015 US$ | — |
| 1971 | 129.69 million constant 2015 US$ | +2.7% |
| 1972 | 131.20 million constant 2015 US$ | +1.2% |
| 1973 | 133.13 million constant 2015 US$ | +1.5% |
| 1974 | 139.99 million constant 2015 US$ | +5.2% |
| 1975 | 135.36 million constant 2015 US$ | -3.3% |
| 1976 | 147.48 million constant 2015 US$ | +9.0% |
| 1977 | 159.14 million constant 2015 US$ | +7.9% |
| 1978 | 170.48 million constant 2015 US$ | +7.1% |
| 1979 | 178.65 million constant 2015 US$ | +4.8% |
| 1980 | 187.59 million constant 2015 US$ | +5.0% |
| 1981 | 215.96 million constant 2015 US$ | +15.1% |
| 1982 | 223.39 million constant 2015 US$ | +3.4% |
| 1983 | 246.69 million constant 2015 US$ | +10.4% |
| 1984 | 257.93 million constant 2015 US$ | +4.6% |
| 1985 | 268.32 million constant 2015 US$ | +4.0% |
| 1986 | 298.89 million constant 2015 US$ | +11.4% |
| 1987 | 385.74 million constant 2015 US$ | +29.1% |
| 1988 | 404.12 million constant 2015 US$ | +4.8% |
| 1989 | 433.85 million constant 2015 US$ | +7.4% |
| 1990 | 478.90 million constant 2015 US$ | +10.4% |
| 1991 | 476.94 million constant 2015 US$ | -0.4% |
| 1992 | 498.89 million constant 2015 US$ | +4.6% |
| 1993 | 508.80 million constant 2015 US$ | +2.0% |
| 1994 | 533.99 million constant 2015 US$ | +5.0% |
| 1995 | 571.76 million constant 2015 US$ | +7.1% |
| 1996 | 603.59 million constant 2015 US$ | +5.6% |
| 1997 | 636.02 million constant 2015 US$ | +5.4% |
| 1998 | 673.63 million constant 2015 US$ | +5.9% |
| 1999 | 727.42 million constant 2015 US$ | +8.0% |
| 2000 | 751.82 million constant 2015 US$ | +3.4% |
| 2001 | 806.92 million constant 2015 US$ | +7.3% |
| 2002 | 891.19 million constant 2015 US$ | +10.4% |
| 2003 | 960.59 million constant 2015 US$ | +7.8% |
| 2004 | 1.01 billion constant 2015 US$ | +5.2% |
| 2005 | 1.08 billion constant 2015 US$ | +6.9% |
| 2006 | 1.14 billion constant 2015 US$ | +5.6% |
| 2007 | 1.32 billion constant 2015 US$ | +16.1% |
| 2008 | 1.38 billion constant 2015 US$ | +4.5% |
| 2009 | 1.49 billion constant 2015 US$ | +7.7% |
| 2010 | 1.67 billion constant 2015 US$ | +11.9% |
| 2011 | 1.81 billion constant 2015 US$ | +8.5% |
| 2012 | 1.90 billion constant 2015 US$ | +5.2% |
| 2013 | 1.94 billion constant 2015 US$ | +1.7% |
| 2014 | 2.05 billion constant 2015 US$ | +5.9% |
| 2015 | 2.19 billion constant 2015 US$ | +6.7% |
| 2016 | 2.37 billion constant 2015 US$ | +8.5% |
| 2017 | 2.42 billion constant 2015 US$ | +2.1% |
| 2018 | 2.51 billion constant 2015 US$ | +3.5% |
| 2019 | 2.65 billion constant 2015 US$ | +5.8% |
| 2020 | 2.38 billion constant 2015 US$ | -10.2% |
| 2021 | 2.49 billion constant 2015 US$ | +4.4% |
| 2022 | 2.62 billion constant 2015 US$ | +5.2% |
| 2023 | 2.74 billion constant 2015 US$ | +4.6% |
| 2024 | 2.94 billion constant 2015 US$ | +7.5% |
| 2025 | 3.18 billion constant 2015 US$ | +8.0% |
Bhutan compared with similar countries
- Bhutan's 3.18 billion constant 2015 US$ is below the median for lower middle income countries, which is 28.68 billion constant 2015 US$, 11% of the median. (47 countries reporting)
- Bhutan's 3.18 billion constant 2015 US$ is below the median for South Asia, which is 66.56 billion constant 2015 US$, 5% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) in Bhutan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +29.1% | 298.89 million constant 2015 US$ | 385.74 million constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 145.14 million constant 2015 US$ | 126.31 million constant 2015 US$ | 178.65 million constant 2015 US$ | 10 |
| 1980s | 292.25 million constant 2015 US$ | 187.59 million constant 2015 US$ | 433.85 million constant 2015 US$ | 10 |
| 1990s | 570.99 million constant 2015 US$ | 476.94 million constant 2015 US$ | 727.42 million constant 2015 US$ | 10 |
| 2000s | 1.08 billion constant 2015 US$ | 751.82 million constant 2015 US$ | 1.49 billion constant 2015 US$ | 10 |
| 2010s | 2.15 billion constant 2015 US$ | 1.67 billion constant 2015 US$ | 2.65 billion constant 2015 US$ | 10 |
| 2020s | 2.72 billion constant 2015 US$ | 2.38 billion constant 2015 US$ | 3.18 billion constant 2015 US$ | 6 |
Countries ranked near Bhutan
- 172 Aruba 3.67 billion constant 2015 US$ compare
- 173 Andorra 3.51 billion constant 2015 US$ compare
- 174 Faroe Islands 3.24 billion constant 2015 US$ compare
- 176 Greenland 2.84 billion constant 2015 US$ compare
- 177 Curacao 2.81 billion constant 2015 US$ compare
- 178 Belize 2.70 billion constant 2015 US$ 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$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Bhutan?
- Gross domestic product (gdp) in Bhutan was 3.18 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Bhutan?
- The highest recorded value was 3.18 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Bhutan?
- The lowest recorded value was 126.31 million constant 2015 US$ in 1970.
- How does Bhutan rank for gross domestic product (gdp)?
- Bhutan ranks 175th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Bhutan?
- Over the last ten years it is up 45.2%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 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 by inflation but _does not_ account for differences in living costs between countries.