Gross fixed capital formation (current LCU) in Bhutan
Bhutan: Gross fixed capital formation (current LCU) was 118.01 billion current LCU in 2024. ◆ Volatile
Gross fixed capital formation in Bhutan, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross fixed capital formation in Bhutan stood at 118.01 billion current LCU.
The figure is up 6.3% on the previous year and up 69.4% over ten years.
Over the whole period, gross fixed capital formation in Bhutan peaked at 125.54 billion current LCU in 2022 and was at its lowest, 332.33 million current LCU, in 1980.
That places Bhutan 110th out of 181 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 (current LCU) in Bhutan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 332.33 million current LCU | — |
| 1981 | 415.38 million current LCU | +25.0% |
| 1982 | 494.49 million current LCU | +19.0% |
| 1983 | 647.09 million current LCU | +30.9% |
| 1984 | 697.62 million current LCU | +7.8% |
| 1985 | 919.33 million current LCU | +31.8% |
| 1986 | 1.03 billion current LCU | +12.1% |
| 1987 | 1.17 billion current LCU | +13.4% |
| 1988 | 1.51 billion current LCU | +29.0% |
| 1989 | 1.57 billion current LCU | +4.3% |
| 1990 | 1.19 billion current LCU | -24.6% |
| 1991 | 1.88 billion current LCU | +58.4% |
| 1992 | 2.54 billion current LCU | +35.2% |
| 1993 | 2.96 billion current LCU | +16.5% |
| 1994 | 3.48 billion current LCU | +17.6% |
| 1995 | 3.99 billion current LCU | +14.6% |
| 1996 | 4.06 billion current LCU | +1.8% |
| 1997 | 4.18 billion current LCU | +3.0% |
| 1998 | 5.12 billion current LCU | +22.6% |
| 1999 | 6.88 billion current LCU | +34.3% |
| 2000 | 10.84 billion current LCU | +57.5% |
| 2001 | 14.57 billion current LCU | +34.4% |
| 2002 | 18.47 billion current LCU | +26.8% |
| 2003 | 20.20 billion current LCU | +9.4% |
| 2004 | 22.97 billion current LCU | +13.7% |
| 2005 | 23.41 billion current LCU | +1.9% |
| 2006 | 20.62 billion current LCU | -11.9% |
| 2007 | 20.89 billion current LCU | +1.3% |
| 2008 | 25.92 billion current LCU | +24.1% |
| 2009 | 32.08 billion current LCU | +23.7% |
| 2010 | 49.02 billion current LCU | +52.8% |
| 2011 | 62.57 billion current LCU | +27.6% |
| 2012 | 72.93 billion current LCU | +16.5% |
| 2013 | 72.15 billion current LCU | -1.1% |
| 2014 | 69.65 billion current LCU | -3.5% |
| 2015 | 78.81 billion current LCU | +13.2% |
| 2016 | 90.18 billion current LCU | +14.4% |
| 2017 | 91.57 billion current LCU | +1.5% |
| 2018 | 94.70 billion current LCU | +3.4% |
| 2019 | 88.23 billion current LCU | -6.8% |
| 2020 | 70.24 billion current LCU | -20.4% |
| 2021 | 90.03 billion current LCU | +28.2% |
| 2022 | 125.54 billion current LCU | +39.4% |
| 2023 | 111.01 billion current LCU | -11.6% |
| 2024 | 118.01 billion current LCU | +6.3% |
Bhutan compared with similar countries
- Bhutan's 118.01 billion current LCU is below the median for lower middle income countries, which is 457.10 billion current LCU, 26% of the median. (45 countries reporting)
- Bhutan's 118.01 billion current LCU is below the median for South Asia, which is 4.13 trillion current LCU, 3% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 878.67 million current LCU | 332.33 million current LCU | 1.57 billion current LCU | 10 |
| 1990s | 3.63 billion current LCU | 1.19 billion current LCU | 6.88 billion current LCU | 10 |
| 2000s | 21.00 billion current LCU | 10.84 billion current LCU | 32.08 billion current LCU | 10 |
| 2010s | 76.98 billion current LCU | 49.02 billion current LCU | 94.70 billion current LCU | 10 |
| 2020s | 102.97 billion current LCU | 70.24 billion current LCU | 125.54 billion current LCU | 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 fixed capital formation in Bhutan?
- Gross fixed capital formation in Bhutan was 118.01 billion current LCU 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 125.54 billion current LCU in 2022.
- What is the lowest gross fixed capital formation recorded in Bhutan?
- The lowest recorded value was 332.33 million current LCU in 1980.
- How does Bhutan rank for gross fixed capital formation?
- Bhutan ranks 110th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bhutan?
- Over the last ten years it is up 69.4%. 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 Organizations and/or Central Banks, published as part of Gross fixed capital formation (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.