Gross fixed capital formation in Bhutan
Bhutan: Gross fixed capital formation was 1.37 billion constant 2015 US$ in 2024. ▲ Rising
Gross fixed capital formation in Bhutan, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in Bhutan is 1.37 billion constant 2015 US$, measured in 2024.
Compared with earlier readings it is up 5.7% on the previous year and up 26.3% over ten years.
Over the whole period, gross fixed capital formation in Bhutan peaked at 1.49 billion constant 2015 US$ in 2022 and was at its lowest, 396.44 million constant 2015 US$, in 2000.
Bhutan ranks 136th of 161 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross fixed capital formation in Bhutan, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 396.44 million constant 2015 US$ | — |
| 2001 | 464.33 million constant 2015 US$ | +17.1% |
| 2002 | 603.86 million constant 2015 US$ | +30.1% |
| 2003 | 606.09 million constant 2015 US$ | +0.4% |
| 2004 | 620.34 million constant 2015 US$ | +2.4% |
| 2005 | 605.39 million constant 2015 US$ | -2.4% |
| 2006 | 558.66 million constant 2015 US$ | -7.7% |
| 2007 | 528.59 million constant 2015 US$ | -5.4% |
| 2008 | 601.06 million constant 2015 US$ | +13.7% |
| 2009 | 788.44 million constant 2015 US$ | +31.2% |
| 2010 | 1.12 billion constant 2015 US$ | +41.7% |
| 2011 | 1.28 billion constant 2015 US$ | +14.7% |
| 2012 | 1.32 billion constant 2015 US$ | +2.7% |
| 2013 | 1.15 billion constant 2015 US$ | -12.7% |
| 2014 | 1.09 billion constant 2015 US$ | -5.6% |
| 2015 | 1.23 billion constant 2015 US$ | +13.2% |
| 2016 | 1.34 billion constant 2015 US$ | +9.3% |
| 2017 | 1.34 billion constant 2015 US$ | -0.0% |
| 2018 | 1.32 billion constant 2015 US$ | -1.4% |
| 2019 | 1.23 billion constant 2015 US$ | -7.3% |
| 2020 | 953.36 million constant 2015 US$ | -22.3% |
| 2021 | 1.15 billion constant 2015 US$ | +20.6% |
| 2022 | 1.49 billion constant 2015 US$ | +29.3% |
| 2023 | 1.30 billion constant 2015 US$ | -12.8% |
| 2024 | 1.37 billion constant 2015 US$ | +5.7% |
Bhutan compared with similar countries
- Bhutan's 1.37 billion constant 2015 US$ is below the median for lower middle income countries, which is 5.11 billion constant 2015 US$, 27% of the median. (42 countries reporting)
- Bhutan's 1.37 billion constant 2015 US$ is below the median for South Asia, which is 17.52 billion constant 2015 US$, 8% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 577.32 million constant 2015 US$ | 396.44 million constant 2015 US$ | 788.44 million constant 2015 US$ | 10 |
| 2010s | 1.24 billion constant 2015 US$ | 1.09 billion constant 2015 US$ | 1.34 billion constant 2015 US$ | 10 |
| 2020s | 1.25 billion constant 2015 US$ | 953.36 million constant 2015 US$ | 1.49 billion constant 2015 US$ | 5 |
Countries ranked near Bhutan
- 133 Yemen 2.16 billion constant 2015 US$ compare
- 134 Venezuela 2.15 billion constant 2015 US$ compare
- 135 Montenegro 1.60 billion constant 2015 US$ compare
- 137 Djibouti 1.09 billion constant 2015 US$ compare
- 138 Maldives 1.06 billion constant 2015 US$ compare
- 139 Greenland 1.05 billion constant 2015 US$ 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$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Bhutan?
- Gross fixed capital formation in Bhutan was 1.37 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Bhutan?
- The highest recorded value was 1.49 billion constant 2015 US$ in 2022.
- What is the lowest gross fixed capital formation recorded in Bhutan?
- The lowest recorded value was 396.44 million constant 2015 US$ in 2000.
- How does Bhutan rank for gross fixed capital formation?
- Bhutan ranks 136th out of 161 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bhutan?
- Over the last ten years it is up 26.3%. 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 fixed capital formation (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.