Gross domestic savings in Bhutan
Bhutan: Gross domestic savings was 26.2% in 2024. ▲ Rising
Gross domestic savings in Bhutan, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross domestic savings in Bhutan stood at 26.2%.
Compared with earlier readings it is up 29.2% on the previous year and down 29.0% over ten years.
Over the whole period, gross domestic savings in Bhutan peaked at 47.0% in 2012 and was at its lowest, 10.6%, in 1992.
That places Bhutan 58th out of 188 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross domestic savings in Bhutan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 18.3% | — |
| 1991 | 19.3% | +5.4% |
| 1992 | 10.6% | -45.1% |
| 1993 | 24.0% | +125.8% |
| 1994 | 34.0% | +41.9% |
| 1995 | 35.3% | +3.8% |
| 1996 | 22.6% | -36.1% |
| 1997 | 12.7% | -43.7% |
| 1998 | 10.7% | -16.1% |
| 1999 | 11.2% | +4.9% |
| 2000 | 36.0% | +221.8% |
| 2001 | 40.8% | +13.2% |
| 2002 | 44.1% | +8.2% |
| 2003 | 42.7% | -3.2% |
| 2004 | 38.0% | -11.1% |
| 2005 | 36.3% | -4.5% |
| 2006 | 43.3% | +19.3% |
| 2007 | 40.7% | -6.0% |
| 2008 | 35.4% | -13.0% |
| 2009 | 33.6% | -5.2% |
| 2010 | 36.7% | +9.3% |
| 2011 | 41.3% | +12.5% |
| 2012 | 47.0% | +13.8% |
| 2013 | 43.8% | -6.7% |
| 2014 | 37.0% | -15.7% |
| 2015 | 29.9% | -19.2% |
| 2016 | 34.3% | +14.7% |
| 2017 | 34.3% | +0.0% |
| 2018 | 32.7% | -4.7% |
| 2019 | 32.9% | +0.7% |
| 2020 | 23.4% | -28.9% |
| 2021 | 25.2% | +7.8% |
| 2022 | 21.2% | -15.9% |
| 2023 | 20.3% | -4.2% |
| 2024 | 26.2% | +29.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.9% | 10.6% | 35.3% | 10 |
| 2000s | 39.1% | 33.6% | 44.1% | 10 |
| 2010s | 37.0% | 29.9% | 47.0% | 10 |
| 2020s | 23.3% | 20.3% | 26.2% | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 1.98 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 45.01 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 190,323 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) -2.15 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3735 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,579 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 2.82 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7377 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic savings in Bhutan?
- Gross domestic savings in Bhutan was 26.2% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Bhutan?
- The highest recorded value was 47.0% in 2012.
- What is the lowest gross domestic savings recorded in Bhutan?
- The lowest recorded value was 10.6% in 1992.
- How does Bhutan rank for gross domestic savings?
- Bhutan ranks 58th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Bhutan?
- Over the last ten years it is down 29.0%. 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 domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.