Gross fixed capital formation in Bhutan
Bhutan: Gross fixed capital formation was 5.7% in 2024. ◆ Volatile
Gross fixed capital formation in Bhutan, 2001–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, gross fixed capital formation in Bhutan stood at 5.7%.
Compared with earlier readings it is up 144.9% on the previous year and up 202.4% over ten years.
Over the whole period, gross fixed capital formation in Bhutan peaked at 41.7% in 2010 and was at its lowest, -22.3%, in 2020.
That places Bhutan 73rd out of 166 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 fixed capital formation in Bhutan, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | 17.1% | — |
| 2002 | 30.1% | +75.5% |
| 2003 | 0.4% | -98.8% |
| 2004 | 2.4% | +535.3% |
| 2005 | -2.4% | -202.5% |
| 2006 | -7.7% | +220.4% |
| 2007 | -5.4% | -30.3% |
| 2008 | 13.7% | -354.7% |
| 2009 | 31.2% | +127.4% |
| 2010 | 41.7% | +33.8% |
| 2011 | 14.7% | -64.7% |
| 2012 | 2.7% | -81.7% |
| 2013 | -12.7% | -569.5% |
| 2014 | -5.6% | -55.7% |
| 2015 | 13.2% | -335.3% |
| 2016 | 9.3% | -29.8% |
| 2017 | -0.0% | -100.1% |
| 2018 | -1.4% | +10842.5% |
| 2019 | -7.3% | +436.0% |
| 2020 | -22.3% | +203.7% |
| 2021 | 20.6% | -192.4% |
| 2022 | 29.3% | +42.4% |
| 2023 | -12.8% | -143.7% |
| 2024 | 5.7% | -144.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.8% | -7.7% | 31.2% | 9 |
| 2010s | 5.5% | -12.7% | 41.7% | 10 |
| 2020s | 4.1% | -22.3% | 29.3% | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.69 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 81.44 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 344,353 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.857 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 3,623 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 59.61 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation in Bhutan?
- Gross fixed capital formation in Bhutan was 5.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Bhutan?
- The highest recorded value was 41.7% in 2010.
- What is the lowest gross fixed capital formation recorded in Bhutan?
- The lowest recorded value was -22.3% in 2020.
- How does Bhutan rank for gross fixed capital formation?
- Bhutan ranks 73rd out of 166 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bhutan?
- Over the last ten years it is up 202.4%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.