Gross capital formation in Bhutan
Bhutan: Gross capital formation was 42.6% in 2024. ▲ Rising
Gross capital formation in Bhutan, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Bhutan recorded 42.6% for gross capital formation in 2024.
The figure is down 5.9% on the previous year and down 24.6% over ten years.
Over the whole period, gross capital formation in Bhutan peaked at 69.4% in 2012 and was at its lowest, 27.2%, in 1997.
That places Bhutan 4th out of 187 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 45 years of available data.
Gross capital formation in Bhutan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 31.5% | — |
| 1981 | 33.8% | +7.1% |
| 1982 | 37.1% | +9.8% |
| 1983 | 40.7% | +9.8% |
| 1984 | 39.5% | -2.9% |
| 1985 | 45.9% | +16.3% |
| 1986 | 43.9% | -4.5% |
| 1987 | 38.4% | -12.4% |
| 1988 | 40.1% | +4.3% |
| 1989 | 33.8% | -15.6% |
| 1990 | 27.9% | -17.6% |
| 1991 | 32.4% | +16.4% |
| 1992 | 40.0% | +23.3% |
| 1993 | 41.1% | +2.8% |
| 1994 | 48.9% | +19.1% |
| 1995 | 44.7% | -8.6% |
| 1996 | 37.5% | -16.2% |
| 1997 | 27.2% | -27.4% |
| 1998 | 31.3% | +15.1% |
| 1999 | 35.2% | +12.6% |
| 2000 | 54.0% | +53.3% |
| 2001 | 61.4% | +13.6% |
| 2002 | 68.6% | +11.7% |
| 2003 | 66.9% | -2.5% |
| 2004 | 67.7% | +1.3% |
| 2005 | 61.2% | -9.6% |
| 2006 | 47.8% | -21.9% |
| 2007 | 42.9% | -10.2% |
| 2008 | 44.2% | +2.9% |
| 2009 | 50.2% | +13.6% |
| 2010 | 62.9% | +25.4% |
| 2011 | 68.2% | +8.4% |
| 2012 | 69.4% | +1.8% |
| 2013 | 64.0% | -7.8% |
| 2014 | 56.5% | -11.7% |
| 2015 | 56.4% | -0.1% |
| 2016 | 56.4% | -0.1% |
| 2017 | 54.2% | -4.0% |
| 2018 | 54.0% | -0.3% |
| 2019 | 46.1% | -14.7% |
| 2020 | 39.1% | -15.2% |
| 2021 | 44.4% | +13.6% |
| 2022 | 55.8% | +25.7% |
| 2023 | 45.3% | -18.8% |
| 2024 | 42.6% | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 38.5% | 31.5% | 45.9% | 10 |
| 1990s | 36.6% | 27.2% | 48.9% | 10 |
| 2000s | 56.5% | 42.9% | 68.6% | 10 |
| 2010s | 58.8% | 46.1% | 69.4% | 10 |
| 2020s | 45.4% | 39.1% | 55.8% | 5 |
Countries ranked near Bhutan
- 1 Turkmenistan 46.6% compare
- 2 Algeria 45.3% compare
- 3 Mauritania 44.3% compare
- 5 Iran, Islamic Republic of 41.8% compare
- 6 Curaçao 41.1% compare
- 7 Tanzania, United Republic of 40.7% 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)
- Gross capital formation (constant 2015 US$), annual growth rate 5.33 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.4185 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 1,770 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -0.336 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.4787 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 2,024 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 0.9551 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 40.05 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Bhutan?
- Gross capital formation in Bhutan was 42.6% 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 69.4% in 2012.
- What is the lowest gross capital formation recorded in Bhutan?
- The lowest recorded value was 27.2% in 1997.
- How does Bhutan rank for gross capital formation?
- Bhutan ranks 4th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Bhutan?
- Over the last ten years it is down 24.6%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.