Gross fixed capital formation in Bhutan

Bhutan: Gross fixed capital formation was 1.41 billion current US$ in 2024. ◆ Volatile

Latest (2024)
1.41 billion current US$
Change on year
up 4.9%
World rank
146th
of 179 countries
All-time high
1.60 billion current US$
in 2022
All-time low
42.27 million current US$
in 1980
Years of data
45
1980–2024

Gross fixed capital formation in Bhutan, 1980–2024

0500.0M1.0B1.5B1980200220241980: 42.3M current US$1981: 48.0M current US$1982: 52.3M current US$1983: 64.1M current US$1984: 61.4M current US$1985: 74.3M current US$1986: 81.7M current US$1987: 90.2M current US$1988: 108.4M current US$1989: 97.0M current US$1990: 67.8M current US$1991: 82.6M current US$1992: 98.0M current US$1993: 97.0M current US$1994: 110.9M current US$1995: 122.9M current US$1996: 114.6M current US$1997: 115.1M current US$1998: 124.2M current US$1999: 159.9M current US$2000: 241.2M current US$2001: 308.8M current US$2002: 380.0M current US$2003: 433.6M current US$2004: 506.9M current US$2005: 531.0M current US$2006: 455.2M current US$2007: 505.1M current US$2008: 595.8M current US$2009: 662.7M current US$2010: 1.1B current US$2011: 1.3B current US$2012: 1.4B current US$2013: 1.2B current US$2014: 1.1B current US$2015: 1.2B current US$2016: 1.3B current US$2017: 1.4B current US$2018: 1.4B current US$2019: 1.3B current US$2020: 947.9M current US$2021: 1.2B current US$2022: 1.6B current US$2023: 1.3B current US$2024: 1.4B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Bhutan recorded 1.41 billion current US$ for gross fixed capital formation in 2024.

The figure is up 4.9% on the previous year and up 23.6% over ten years.

Over the whole period, gross fixed capital formation in Bhutan peaked at 1.60 billion current US$ in 2022 and was at its lowest, 42.27 million current US$, in 1980.

Bhutan ranks 146th of 179 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 71.95 million current US$ 42.27 million current US$ 108.36 million current US$ 10
1990s 109.29 million current US$ 67.77 million current US$ 159.86 million current US$ 10
2000s 462.03 million current US$ 241.21 million current US$ 662.67 million current US$ 10
2010s 1.28 billion current US$ 1.07 billion current US$ 1.41 billion current US$ 10
2020s 1.30 billion current US$ 947.91 million current US$ 1.60 billion current US$ 5

Countries ranked near Bhutan

  1. 143 New Caledonia 1.89 billion current US$ compare
  2. 144 Sierra Leone 1.73 billion current US$ compare
  3. 145 Suriname 1.64 billion current US$ compare
  4. 147 French Polynesia 1.39 billion current US$ compare
  5. 148 Yemen 1.33 billion current US$ compare
  6. 149 Fiji 1.20 billion current US$ compare

See the full ranking of 223 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is gross fixed capital formation in Bhutan?
Gross fixed capital formation in Bhutan was 1.41 billion current US$ 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 1.60 billion current US$ in 2022.
What is the lowest gross fixed capital formation recorded in Bhutan?
The lowest recorded value was 42.27 million current US$ in 1980.
How does Bhutan rank for gross fixed capital formation?
Bhutan ranks 146th out of 179 countries with data for 2024.
Is gross fixed capital formation rising or falling in Bhutan?
Over the last ten years it is up 23.6%. 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 (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.