Gross capital formation in Bhutan
Bhutan: Gross capital formation was 5.3% in 2024. ◆ Volatile
Gross capital formation in Bhutan, 1991–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2024, gross capital formation in Bhutan stood at 5.3%.
The figure is up 142.6% on the previous year and up 165.3% over ten years.
Over the whole period, gross capital formation in Bhutan peaked at 44.2% in 2010 and was at its lowest, -21.8%, in 2020.
That places Bhutan 78th out of 168 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.
Gross capital formation in Bhutan, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1991 | -11.9% | — |
| 1992 | 33.6% | -382.9% |
| 1993 | 18.4% | -45.2% |
| 1994 | 23.9% | +30.0% |
| 1995 | -5.4% | -122.7% |
| 1996 | -3.6% | -33.0% |
| 1997 | 1.9% | -152.4% |
| 1998 | -0.6% | -130.7% |
| 1999 | 25.9% | -4537.1% |
| 2000 | 26.5% | +2.0% |
| 2001 | 23.5% | -11.3% |
| 2002 | 26.5% | +13.0% |
| 2003 | 0.8% | -96.9% |
| 2004 | 5.4% | +561.9% |
| 2005 | -3.5% | -165.1% |
| 2006 | -7.8% | +122.0% |
| 2007 | -13.9% | +78.0% |
| 2008 | 27.4% | -296.5% |
| 2009 | 26.2% | -4.2% |
| 2010 | 44.2% | +68.7% |
| 2011 | 12.0% | -72.8% |
| 2012 | 3.3% | -72.2% |
| 2013 | -13.3% | -497.9% |
| 2014 | -8.2% | -38.7% |
| 2015 | 16.5% | -302.0% |
| 2016 | 11.1% | -32.8% |
| 2017 | -1.4% | -112.5% |
| 2018 | -0.5% | -66.3% |
| 2019 | -7.4% | +1493.1% |
| 2020 | -21.8% | +194.4% |
| 2021 | 20.0% | -191.4% |
| 2022 | 30.1% | +50.8% |
| 2023 | -12.5% | -141.6% |
| 2024 | 5.3% | -142.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.1% | -11.9% | 33.6% | 9 |
| 2000s | 11.1% | -13.9% | 27.4% | 10 |
| 2010s | 5.6% | -13.3% | 44.2% | 10 |
| 2020s | 4.2% | -21.8% | 30.1% | 5 |
Countries ranked near Bhutan
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)
- Services, value added (constant LCU), per capita 158,408 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.25 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9734 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 4,116 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.69 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 81.44 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 344,353 current LCU per person (2024)
Frequently asked questions
- What is gross capital formation in Bhutan?
- Gross capital formation in Bhutan was 5.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Bhutan?
- The highest recorded value was 44.2% in 2010.
- What is the lowest gross capital formation recorded in Bhutan?
- The lowest recorded value was -21.8% in 2020.
- How does Bhutan rank for gross capital formation?
- Bhutan ranks 78th out of 168 countries with data for 2024.
- Is gross capital formation rising or falling in Bhutan?
- Over the last ten years it is up 165.3%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.