Gross fixed capital formation in Bhutan
Bhutan: Gross fixed capital formation was 42.1% in 2024. ▲ Rising
Gross fixed capital formation in Bhutan, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in Bhutan is 42.1%, measured in 2024.
Compared with earlier readings it is down 5.5% on the previous year and down 22.9% over ten years.
Over the whole period, gross fixed capital formation in Bhutan peaked at 69.2% in 2012 and was at its lowest, 23.5%, in 1990.
Bhutan ranks 2nd of 181 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 45 years of available data.
Gross fixed capital formation in Bhutan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 32.8% | — |
| 1981 | 34.5% | +4.9% |
| 1982 | 37.0% | +7.3% |
| 1983 | 40.9% | +10.6% |
| 1984 | 38.3% | -6.4% |
| 1985 | 45.5% | +18.9% |
| 1986 | 42.7% | -6.1% |
| 1987 | 37.1% | -13.1% |
| 1988 | 39.8% | +7.1% |
| 1989 | 36.6% | -8.0% |
| 1990 | 23.5% | -35.7% |
| 1991 | 34.4% | +46.0% |
| 1992 | 40.8% | +18.6% |
| 1993 | 42.9% | +5.2% |
| 1994 | 42.8% | -0.2% |
| 1995 | 42.3% | -1.2% |
| 1996 | 37.8% | -10.8% |
| 1997 | 32.7% | -13.5% |
| 1998 | 34.2% | +4.6% |
| 1999 | 40.0% | +17.2% |
| 2000 | 52.4% | +30.8% |
| 2001 | 62.2% | +18.9% |
| 2002 | 67.9% | +9.2% |
| 2003 | 66.5% | -2.1% |
| 2004 | 68.9% | +3.6% |
| 2005 | 61.7% | -10.5% |
| 2006 | 48.3% | -21.8% |
| 2007 | 40.2% | -16.7% |
| 2008 | 45.2% | +12.4% |
| 2009 | 49.8% | +10.1% |
| 2010 | 62.7% | +26.0% |
| 2011 | 67.8% | +8.1% |
| 2012 | 69.2% | +2.0% |
| 2013 | 63.4% | -8.4% |
| 2014 | 54.6% | -13.8% |
| 2015 | 56.2% | +2.8% |
| 2016 | 56.9% | +1.4% |
| 2017 | 54.3% | -4.7% |
| 2018 | 53.6% | -1.2% |
| 2019 | 45.8% | -14.6% |
| 2020 | 38.6% | -15.8% |
| 2021 | 44.0% | +14.1% |
| 2022 | 55.1% | +25.3% |
| 2023 | 44.6% | -19.1% |
| 2024 | 42.1% | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 38.5% | 32.8% | 45.5% | 10 |
| 1990s | 37.1% | 23.5% | 42.9% | 10 |
| 2000s | 56.3% | 40.2% | 68.9% | 10 |
| 2010s | 58.4% | 45.8% | 69.2% | 10 |
| 2020s | 44.9% | 38.6% | 55.1% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0662 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 279.81 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 5.54 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 23,412 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.045 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 190.27 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 12,720 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 11.98 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Bhutan?
- Gross fixed capital formation in Bhutan was 42.1% 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 69.2% in 2012.
- What is the lowest gross fixed capital formation recorded in Bhutan?
- The lowest recorded value was 23.5% in 1990.
- How does Bhutan rank for gross fixed capital formation?
- Bhutan ranks 2nd 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 down 22.9%. 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 (% of GDP). 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 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.