Gross Domestic Product, GDP in millions constant 2021 … annual in Bhutan
Bhutan: Gross Domestic Product, GDP in millions constant 2021 … annual was 5.54 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Bhutan, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Bhutan stood at 5.54 % change on previous year.
The figure is down 25.5% on the previous year and up 165.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Bhutan peaked at 16.1 % change on previous year in 2007 and was at its lowest, -3.29 % change on previous year, in 2021.
Bhutan ranks 21st of 189 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 … annual in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 4.6 % change on previous year | — |
| 1993 | 1.99 % change on previous year | -56.8% |
| 1994 | 4.95 % change on previous year | +149.3% |
| 1995 | 7.07 % change on previous year | +42.9% |
| 1996 | 5.57 % change on previous year | -21.3% |
| 1997 | 5.37 % change on previous year | -3.4% |
| 1998 | 5.91 % change on previous year | +10.0% |
| 1999 | 7.98 % change on previous year | +35.0% |
| 2000 | 3.36 % change on previous year | -58.0% |
| 2001 | 7.33 % change on previous year | +118.4% |
| 2002 | 10.44 % change on previous year | +42.5% |
| 2003 | 7.79 % change on previous year | -25.4% |
| 2004 | 5.16 % change on previous year | -33.8% |
| 2005 | 6.94 % change on previous year | +34.5% |
| 2006 | 5.64 % change on previous year | -18.7% |
| 2007 | 16.1 % change on previous year | +185.5% |
| 2008 | 4.53 % change on previous year | -71.9% |
| 2009 | 7.67 % change on previous year | +69.3% |
| 2010 | 11.93 % change on previous year | +55.6% |
| 2011 | 8.49 % change on previous year | -28.9% |
| 2012 | 5.16 % change on previous year | -39.2% |
| 2013 | 1.74 % change on previous year | -66.4% |
| 2014 | 5.88 % change on previous year | +238.7% |
| 2015 | 6.66 % change on previous year | +13.3% |
| 2016 | 8.48 % change on previous year | +27.3% |
| 2017 | 2.09 % change on previous year | -75.4% |
| 2018 | 3.5 % change on previous year | +67.8% |
| 2019 | 5.76 % change on previous year | +64.4% |
| 2020 | -2.46 % change on previous year | -142.7% |
| 2021 | -3.29 % change on previous year | +34.1% |
| 2022 | 4.83 % change on previous year | -246.5% |
| 2023 | 5.04 % change on previous year | +4.5% |
| 2024 | 4.25 % change on previous year | -15.8% |
| 2025 | 6.79 % change on previous year | +59.9% |
| 2026 | 7.43 % change on previous year | +9.4% |
| 2027 | 5.54 % change on previous year | -25.5% |
Bhutan compared with similar countries
- Bhutan's 5.54 % change on previous year is above the median for lower middle income countries, which is 4.04 % change on previous year, 1.4× the median. (46 countries reporting)
- Bhutan's 5.54 % change on previous year is above the median for South Asia, which is 5.29 % change on previous year, 1.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.43 % change on previous year | 1.99 % change on previous year | 7.98 % change on previous year | 8 |
| 2000s | 7.49 % change on previous year | 3.36 % change on previous year | 16.1 % change on previous year | 10 |
| 2010s | 5.97 % change on previous year | 1.74 % change on previous year | 11.93 % change on previous year | 10 |
| 2020s | 3.52 % change on previous year | -3.29 % change on previous year | 7.43 % change on previous year | 8 |
Countries ranked near Bhutan
- 18 Uzbekistan 5.7 % change on previous year compare
- 19 Bangladesh 5.69 % change on previous year compare
- 20 Liberia 5.62 % change on previous year compare
- 22 Togo 5.5 % change on previous year compare
- 23 Armenia 5.5 % change on previous year compare
- 24 Mongolia 5.47 % change on previous year compare
More economy & growth data for Bhutan
- Real gdp growth, annual growth rate 24.04 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 45.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5765 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 32.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Bhutan?
- Gross domestic product, gdp in millions constant 2021 international $ in Bhutan was 5.54 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Bhutan?
- The highest recorded value was 16.1 % change on previous year in 2007.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Bhutan?
- The lowest recorded value was -3.29 % change on previous year in 2021.
- How does Bhutan rank for gross domestic product, gdp in millions constant 2021 international $?
- Bhutan ranks 21st out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Bhutan?
- Over the last ten years it is up 165.4%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.