Gross Domestic Product — Value US$, 2015 prices in Bhutan
Bhutan: Gross Domestic Product — Value US$, 2015 prices was 2,855 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Bhutan, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Bhutan is 2,855 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 4.0% on the previous year and up 39.2% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Bhutan peaked at 2,855 million USD in 2024 and was at its lowest, 107.33 million USD, in 1970.
That places Bhutan 196th out of 236 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Bhutan, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 107.33 million USD | — |
| 1971 | 110.2 million USD | +2.7% |
| 1972 | 111.48 million USD | +1.2% |
| 1973 | 113.12 million USD | +1.5% |
| 1974 | 118.95 million USD | +5.2% |
| 1975 | 115.02 million USD | -3.3% |
| 1976 | 125.32 million USD | +9.0% |
| 1977 | 135.22 million USD | +7.9% |
| 1978 | 144.86 million USD | +7.1% |
| 1979 | 151.8 million USD | +4.8% |
| 1980 | 159.4 million USD | +5.0% |
| 1981 | 177.66 million USD | +11.5% |
| 1982 | 181.69 million USD | +2.3% |
| 1983 | 196.43 million USD | +8.1% |
| 1984 | 208.68 million USD | +6.2% |
| 1985 | 220.67 million USD | +5.7% |
| 1986 | 252 million USD | +14.2% |
| 1987 | 331.02 million USD | +31.4% |
| 1988 | 351.11 million USD | +6.1% |
| 1989 | 377.77 million USD | +7.6% |
| 1990 | 420.73 million USD | +11.4% |
| 1991 | 423.85 million USD | +0.7% |
| 1992 | 439.4 million USD | +3.7% |
| 1993 | 448.24 million USD | +2.0% |
| 1994 | 474.59 million USD | +5.9% |
| 1995 | 506.76 million USD | +6.8% |
| 1996 | 539.22 million USD | +6.4% |
| 1997 | 577.78 million USD | +7.2% |
| 1998 | 620.61 million USD | +7.4% |
| 1999 | 677.98 million USD | +9.2% |
| 2000 | 746.12 million USD | +10.0% |
| 2001 | 800.8 million USD | +7.3% |
| 2002 | 884.43 million USD | +10.4% |
| 2003 | 953.3 million USD | +7.8% |
| 2004 | 1,002 million USD | +5.2% |
| 2005 | 1,072 million USD | +6.9% |
| 2006 | 1,132 million USD | +5.6% |
| 2007 | 1,315 million USD | +16.1% |
| 2008 | 1,374 million USD | +4.5% |
| 2009 | 1,480 million USD | +7.7% |
| 2010 | 1,669 million USD | +12.8% |
| 2011 | 1,811 million USD | +8.5% |
| 2012 | 1,904 million USD | +5.2% |
| 2013 | 1,937 million USD | +1.7% |
| 2014 | 2,051 million USD | +5.9% |
| 2015 | 2,188 million USD | +6.7% |
| 2016 | 2,373 million USD | +8.5% |
| 2017 | 2,423 million USD | +2.1% |
| 2018 | 2,508 million USD | +3.5% |
| 2019 | 2,652 million USD | +5.8% |
| 2020 | 2,381 million USD | -10.2% |
| 2021 | 2,486 million USD | +4.4% |
| 2022 | 2,616 million USD | +5.2% |
| 2023 | 2,744 million USD | +4.9% |
| 2024 | 2,855 million USD | +4.0% |
Bhutan compared with similar countries
- Bhutan's 2,855 million USD is below the median for lower middle income countries, which is 23,018 million USD, 12% of the median. (44 countries reporting)
- Bhutan's 2,855 million USD is below the median for South Asia, which is 62,907 million USD, 5% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, 2015 prices in Bhutan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +31.4% | 252 million USD | 331.02 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 123.33 million USD | 107.33 million USD | 151.8 million USD | 10 |
| 1980s | 245.64 million USD | 159.4 million USD | 377.77 million USD | 10 |
| 1990s | 512.92 million USD | 420.73 million USD | 677.98 million USD | 10 |
| 2000s | 1,076 million USD | 746.12 million USD | 1,480 million USD | 10 |
| 2010s | 2,152 million USD | 1,669 million USD | 2,652 million USD | 10 |
| 2020s | 2,616 million USD | 2,381 million USD | 2,855 million USD | 5 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.11 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.01 units per US$ 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0061 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Bhutan?
- Gross domestic product — value us$, 2015 prices in Bhutan was 2,855 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Bhutan?
- The highest recorded value was 2,855 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Bhutan?
- The lowest recorded value was 107.33 million USD in 1970.
- How does Bhutan rank for gross domestic product — value us$, 2015 prices?
- Bhutan ranks 196th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Bhutan?
- Over the last ten years it is up 39.2%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).