Gross Domestic Product — Value US$ in Bhutan
Bhutan: Gross Domestic Product — Value US$ was 3,245 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ 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$ in Bhutan is 3,245 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 7.5% on the previous year and up 55.4% over ten years.
Over the whole period, gross domestic product — value us$ in Bhutan peaked at 3,245 million USD in 2024 and was at its lowest, 61.78 million USD, in 1970.
That places Bhutan 197th 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$ in Bhutan, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 61.78 million USD | — |
| 1971 | 66.33 million USD | +7.4% |
| 1972 | 70.1 million USD | +5.7% |
| 1973 | 78.85 million USD | +12.5% |
| 1974 | 92.85 million USD | +17.7% |
| 1975 | 86.77 million USD | -6.5% |
| 1976 | 88.41 million USD | +1.9% |
| 1977 | 97.83 million USD | +10.7% |
| 1978 | 94.03 million USD | -3.9% |
| 1979 | 105.32 million USD | +12.0% |
| 1980 | 128.59 million USD | +22.1% |
| 1981 | 144.72 million USD | +12.5% |
| 1982 | 152.19 million USD | +5.2% |
| 1983 | 170.82 million USD | +12.2% |
| 1984 | 167.82 million USD | -1.8% |
| 1985 | 172.2 million USD | +2.6% |
| 1986 | 203.76 million USD | +18.3% |
| 1987 | 245.29 million USD | +20.4% |
| 1988 | 264.62 million USD | +7.9% |
| 1989 | 254.21 million USD | -3.9% |
| 1990 | 273.63 million USD | +7.6% |
| 1991 | 233.14 million USD | -14.8% |
| 1992 | 234.7 million USD | +0.7% |
| 1993 | 220.86 million USD | -5.9% |
| 1994 | 259.55 million USD | +17.5% |
| 1995 | 289.13 million USD | +11.4% |
| 1996 | 305.64 million USD | +5.7% |
| 1997 | 360.62 million USD | +18.0% |
| 1998 | 369.13 million USD | +2.4% |
| 1999 | 416.54 million USD | +12.8% |
| 2000 | 460.73 million USD | +10.6% |
| 2001 | 496.11 million USD | +7.7% |
| 2002 | 559.35 million USD | +12.7% |
| 2003 | 651.93 million USD | +16.6% |
| 2004 | 735.35 million USD | +12.8% |
| 2005 | 860.39 million USD | +17.0% |
| 2006 | 942.88 million USD | +9.6% |
| 2007 | 1,256 million USD | +33.2% |
| 2008 | 1,318 million USD | +4.9% |
| 2009 | 1,331 million USD | +1.0% |
| 2010 | 1,709 million USD | +28.4% |
| 2011 | 1,978 million USD | +15.7% |
| 2012 | 1,973 million USD | -0.2% |
| 2013 | 1,944 million USD | -1.5% |
| 2014 | 2,089 million USD | +7.5% |
| 2015 | 2,188 million USD | +4.7% |
| 2016 | 2,358 million USD | +7.8% |
| 2017 | 2,591 million USD | +9.9% |
| 2018 | 2,583 million USD | -0.3% |
| 2019 | 2,736 million USD | +5.9% |
| 2020 | 2,458 million USD | -10.2% |
| 2021 | 2,769 million USD | +12.7% |
| 2022 | 2,898 million USD | +4.7% |
| 2023 | 3,019 million USD | +4.2% |
| 2024 | 3,245 million USD | +7.5% |
Bhutan compared with similar countries
- Bhutan's 3,245 million USD is below the median for lower middle income countries, which is 26,175 million USD, 12% of the median. (44 countries reporting)
- Bhutan's 3,245 million USD is below the median for South Asia, which is 71,366 million USD, 5% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 84.23 million USD | 61.78 million USD | 105.32 million USD | 10 |
| 1980s | 190.42 million USD | 128.59 million USD | 264.62 million USD | 10 |
| 1990s | 296.29 million USD | 220.86 million USD | 416.54 million USD | 10 |
| 2000s | 861.14 million USD | 460.73 million USD | 1,331 million USD | 10 |
| 2010s | 2,215 million USD | 1,709 million USD | 2,736 million USD | 10 |
| 2020s | 2,878 million USD | 2,458 million USD | 3,245 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$ in Bhutan?
- Gross domestic product — value us$ in Bhutan was 3,245 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Bhutan?
- The highest recorded value was 3,245 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Bhutan?
- The lowest recorded value was 61.78 million USD in 1970.
- How does Bhutan rank for gross domestic product — value us$?
- Bhutan ranks 197th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Bhutan?
- Over the last ten years it is up 55.4%. 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$. 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).