Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Bhutan
Bhutan: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 2.21 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
2.21 million SLC per square kilometre
Change on year
down 12.8%
World rank
93rd
of 194 countries
All-time high
2.53 million SLC per square kilometre
in 2022
All-time low
0.0656 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Bhutan, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Bhutan stood at 2.21 million SLC per square kilometre.
The figure is down 12.8% on the previous year and up 12.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Bhutan peaked at 2.53 million SLC per square kilometre in 2022 and was at its lowest, 0.0656 million SLC per square kilometre, in 1970.
Bhutan ranks 93rd of 194 countries on this measure, 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 — Value Standard Local Currency, 2015 in Bhutan, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0656 million SLC per square kilometre | — |
| 1971 | 0.0674 million SLC per square kilometre | +2.6% |
| 1972 | 0.0681 million SLC per square kilometre | +1.1% |
| 1973 | 0.0693 million SLC per square kilometre | +1.6% |
| 1974 | 0.0726 million SLC per square kilometre | +4.9% |
| 1975 | 0.0702 million SLC per square kilometre | -3.3% |
| 1976 | 0.0771 million SLC per square kilometre | +9.8% |
| 1977 | 0.0819 million SLC per square kilometre | +6.2% |
| 1978 | 0.0885 million SLC per square kilometre | +8.1% |
| 1979 | 0.0955 million SLC per square kilometre | +7.9% |
| 1980 | 0.0919 million SLC per square kilometre | -3.8% |
| 1981 | 0.1116 million SLC per square kilometre | +21.5% |
| 1982 | 0.1242 million SLC per square kilometre | +11.4% |
| 1983 | 0.1549 million SLC per square kilometre | +24.7% |
| 1984 | 0.1486 million SLC per square kilometre | -4.1% |
| 1985 | 0.1778 million SLC per square kilometre | +19.7% |
| 1986 | 0.1881 million SLC per square kilometre | +5.8% |
| 1987 | 0.1935 million SLC per square kilometre | +2.8% |
| 1988 | 0.1907 million SLC per square kilometre | -1.4% |
| 1989 | 0.178 million SLC per square kilometre | -6.7% |
| 1990 | 0.1692 million SLC per square kilometre | -4.9% |
| 1991 | 0.1813 million SLC per square kilometre | +7.2% |
| 1992 | 0.2333 million SLC per square kilometre | +28.7% |
| 1993 | 0.2744 million SLC per square kilometre | +17.6% |
| 1994 | 0.3402 million SLC per square kilometre | +24.0% |
| 1995 | 0.3449 million SLC per square kilometre | +1.4% |
| 1996 | 0.3532 million SLC per square kilometre | +2.4% |
| 1997 | 0.3667 million SLC per square kilometre | +3.8% |
| 1998 | 0.4133 million SLC per square kilometre | +12.7% |
| 1999 | 0.5477 million SLC per square kilometre | +32.5% |
| 2000 | 0.6517 million SLC per square kilometre | +19.0% |
| 2001 | 0.7633 million SLC per square kilometre | +17.1% |
| 2002 | 0.9927 million SLC per square kilometre | +30.1% |
| 2003 | 0.9964 million SLC per square kilometre | +0.4% |
| 2004 | 1.06 million SLC per square kilometre | +6.9% |
| 2005 | 1.04 million SLC per square kilometre | -2.4% |
| 2006 | 0.9589 million SLC per square kilometre | -7.7% |
| 2007 | 0.9073 million SLC per square kilometre | -5.4% |
| 2008 | 1.03 million SLC per square kilometre | +13.7% |
| 2009 | 1.35 million SLC per square kilometre | +31.2% |
| 2010 | 1.92 million SLC per square kilometre | +41.7% |
| 2011 | 2.18 million SLC per square kilometre | +13.6% |
| 2012 | 2.24 million SLC per square kilometre | +2.9% |
| 2013 | 1.96 million SLC per square kilometre | -12.7% |
| 2014 | 1.85 million SLC per square kilometre | -5.6% |
| 2015 | 2.09 million SLC per square kilometre | +12.9% |
| 2016 | 2.28 million SLC per square kilometre | +9.2% |
| 2017 | 2.28 million SLC per square kilometre | -0.0% |
| 2018 | 2.25 million SLC per square kilometre | -1.4% |
| 2019 | 2.08 million SLC per square kilometre | -7.3% |
| 2020 | 1.62 million SLC per square kilometre | -22.2% |
| 2021 | 1.96 million SLC per square kilometre | +20.7% |
| 2022 | 2.53 million SLC per square kilometre | +29.2% |
| 2023 | 2.21 million SLC per square kilometre | -12.8% |
Bhutan compared with similar countries
- Bhutan's 2.21 million SLC per square kilometre is below the median for lower middle income countries, which is 2.34 million SLC per square kilometre, 94% of the median. (44 countries reporting)
- Bhutan's 2.21 million SLC per square kilometre is below the median for South Asia, which is 32.24 million SLC per square kilometre, 7% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0756 million SLC per square kilometre | 0.0656 million SLC per square kilometre | 0.0955 million SLC per square kilometre | 10 |
| 1980s | 0.1559 million SLC per square kilometre | 0.0919 million SLC per square kilometre | 0.1935 million SLC per square kilometre | 10 |
| 1990s | 0.3224 million SLC per square kilometre | 0.1692 million SLC per square kilometre | 0.5477 million SLC per square kilometre | 10 |
| 2000s | 0.9759 million SLC per square kilometre | 0.6517 million SLC per square kilometre | 1.35 million SLC per square kilometre | 10 |
| 2010s | 2.11 million SLC per square kilometre | 1.85 million SLC per square kilometre | 2.28 million SLC per square kilometre | 10 |
| 2020s | 2.08 million SLC per square kilometre | 1.62 million SLC per square kilometre | 2.53 million SLC per square kilometre | 4 |
Countries ranked near Bhutan
- 90 Norway 2.47 million SLC per square kilometre compare
- 91 Sao Tome and Principe 2.34 million SLC per square kilometre compare
- 92 Angola 2.33 million SLC per square kilometre compare
- 94 Nauru 2.1 million SLC per square kilometre compare
- 95 Mali 1.99 million SLC per square kilometre compare
- 96 Saint Lucia 1.92 million SLC per square kilometre 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 — value standard local currency, 2015 in Bhutan?
- Gross fixed capital formation — value standard local currency, 2015 in Bhutan was 2.21 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Bhutan?
- The highest recorded value was 2.53 million SLC per square kilometre in 2022.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Bhutan?
- The lowest recorded value was 0.0656 million SLC per square kilometre in 1970.
- How does Bhutan rank for gross fixed capital formation — value standard local currency, 2015?
- Bhutan ranks 93rd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Bhutan?
- Over the last ten years it is up 12.6%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.