Gross Domestic Product — Value US$, annual growth rate in Bhutan
Bhutan: Gross Domestic Product — Value US$, annual growth rate was 7.49 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Bhutan, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value us$, annual growth rate in Bhutan stood at 7.49 % change on previous year.
The figure is up 79.6% on the previous year and up 0.2% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Bhutan peaked at 33.18 % change on previous year in 2007 and was at its lowest, -14.8 % change on previous year, in 1991.
That places Bhutan 77th out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.37 % change on previous year | — |
| 1972 | 5.68 % change on previous year | -22.9% |
| 1973 | 12.49 % change on previous year | +119.8% |
| 1974 | 17.75 % change on previous year | +42.1% |
| 1975 | -6.55 % change on previous year | -136.9% |
| 1976 | 1.89 % change on previous year | -128.9% |
| 1977 | 10.65 % change on previous year | +463.7% |
| 1978 | -3.88 % change on previous year | -136.4% |
| 1979 | 12 % change on previous year | -409.3% |
| 1980 | 22.1 % change on previous year | +84.2% |
| 1981 | 12.54 % change on previous year | -43.3% |
| 1982 | 5.17 % change on previous year | -58.8% |
| 1983 | 12.24 % change on previous year | +136.9% |
| 1984 | -1.76 % change on previous year | -114.4% |
| 1985 | 2.61 % change on previous year | -248.7% |
| 1986 | 18.33 % change on previous year | +601.6% |
| 1987 | 20.38 % change on previous year | +11.2% |
| 1988 | 7.88 % change on previous year | -61.3% |
| 1989 | -3.93 % change on previous year | -149.9% |
| 1990 | 7.64 % change on previous year | -294.2% |
| 1991 | -14.8 % change on previous year | -293.7% |
| 1992 | 0.6691 % change on previous year | -104.5% |
| 1993 | -5.9 % change on previous year | -981.6% |
| 1994 | 17.52 % change on previous year | -397.0% |
| 1995 | 11.4 % change on previous year | -34.9% |
| 1996 | 5.71 % change on previous year | -49.9% |
| 1997 | 17.99 % change on previous year | +215.1% |
| 1998 | 2.36 % change on previous year | -86.9% |
| 1999 | 12.84 % change on previous year | +444.8% |
| 2000 | 10.61 % change on previous year | -17.4% |
| 2001 | 7.68 % change on previous year | -27.6% |
| 2002 | 12.75 % change on previous year | +66.0% |
| 2003 | 16.55 % change on previous year | +29.9% |
| 2004 | 12.79 % change on previous year | -22.7% |
| 2005 | 17 % change on previous year | +32.9% |
| 2006 | 9.59 % change on previous year | -43.6% |
| 2007 | 33.18 % change on previous year | +246.1% |
| 2008 | 4.92 % change on previous year | -85.2% |
| 2009 | 1.05 % change on previous year | -78.7% |
| 2010 | 28.36 % change on previous year | +2603.5% |
| 2011 | 15.73 % change on previous year | -44.5% |
| 2012 | -0.2194 % change on previous year | -101.4% |
| 2013 | -1.5 % change on previous year | +585.6% |
| 2014 | 7.48 % change on previous year | -597.1% |
| 2015 | 4.73 % change on previous year | -36.8% |
| 2016 | 7.76 % change on previous year | +64.1% |
| 2017 | 9.92 % change on previous year | +27.9% |
| 2018 | -0.3095 % change on previous year | -103.1% |
| 2019 | 5.9 % change on previous year | -2005.4% |
| 2020 | -10.16 % change on previous year | -272.4% |
| 2021 | 12.66 % change on previous year | -224.6% |
| 2022 | 4.67 % change on previous year | -63.1% |
| 2023 | 4.17 % change on previous year | -10.7% |
| 2024 | 7.49 % change on previous year | +79.6% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate in Bhutan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +2603.5% | 1.05 % change on previous year | 28.36 % change on previous year |
| 2019 | +2005.4% | -0.3095 % change on previous year | 5.9 % change on previous year |
| 1993 | -981.6% | 0.6691 % change on previous year | -5.9 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.38 % change on previous year | -6.55 % change on previous year | 17.75 % change on previous year | 9 |
| 1980s | 9.56 % change on previous year | -3.93 % change on previous year | 22.1 % change on previous year | 10 |
| 1990s | 5.54 % change on previous year | -14.8 % change on previous year | 17.99 % change on previous year | 10 |
| 2000s | 12.61 % change on previous year | 1.05 % change on previous year | 33.18 % change on previous year | 10 |
| 2010s | 7.78 % change on previous year | -1.5 % change on previous year | 28.36 % change on previous year | 10 |
| 2020s | 3.77 % change on previous year | -10.16 % change on previous year | 12.66 % change on previous year | 5 |
Countries ranked near Bhutan
- 74 Monaco 7.69 % change on previous year compare
- 75 Central African Republic 7.67 % change on previous year compare
- 76 Yugoslav SFR 7.56 % change on previous year compare
- 78 Fiji 7.32 % change on previous year compare
- 79 China, mainland 7.26 % change on previous year compare
- 80 Lesotho 7.25 % change on previous year compare
More economy & growth data for Bhutan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.11 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), 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$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Bhutan?
- Gross domestic product — value us$, annual growth rate in Bhutan was 7.49 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Bhutan?
- The highest recorded value was 33.18 % change on previous year in 2007.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Bhutan?
- The lowest recorded value was -14.8 % change on previous year in 1991.
- How does Bhutan rank for gross domestic product — value us$, annual growth rate?
- Bhutan ranks 77th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Bhutan?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
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 — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.