Gross Fixed Capital Formation — Value Standard Local Currency, per in Bhutan
Bhutan: Gross Fixed Capital Formation — Value Standard Local Currency, per was 2.99 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
2.99 million SLC per square kilometre
Change on year
down 11.1%
World rank
95th
of 194 countries
All-time high
3.37 million SLC per square kilometre
in 2022
All-time low
0.0033 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per 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, per in Bhutan stood at 2.99 million SLC per square kilometre.
That represents a change of down 11.1% on the previous year and up 55.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Bhutan peaked at 3.37 million SLC per square kilometre in 2022 and was at its lowest, 0.0033 million SLC per square kilometre, in 1970.
That places Bhutan 95th out of 194 countries with data for 2023, 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 — Value Standard Local Currency, per in Bhutan, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0033 million SLC per square kilometre | — |
| 1971 | 0.0035 million SLC per square kilometre | +7.2% |
| 1972 | 0.0038 million SLC per square kilometre | +7.1% |
| 1973 | 0.0043 million SLC per square kilometre | +14.7% |
| 1974 | 0.0053 million SLC per square kilometre | +23.1% |
| 1975 | 0.0052 million SLC per square kilometre | -3.4% |
| 1976 | 0.0056 million SLC per square kilometre | +9.3% |
| 1977 | 0.0061 million SLC per square kilometre | +7.3% |
| 1978 | 0.0055 million SLC per square kilometre | -9.7% |
| 1979 | 0.0061 million SLC per square kilometre | +12.4% |
| 1980 | 0.007 million SLC per square kilometre | +14.5% |
| 1981 | 0.0089 million SLC per square kilometre | +27.1% |
| 1982 | 0.0107 million SLC per square kilometre | +19.7% |
| 1983 | 0.0139 million SLC per square kilometre | +29.7% |
| 1984 | 0.015 million SLC per square kilometre | +8.2% |
| 1985 | 0.0196 million SLC per square kilometre | +30.6% |
| 1986 | 0.0219 million SLC per square kilometre | +11.5% |
| 1987 | 0.0251 million SLC per square kilometre | +14.8% |
| 1988 | 0.031 million SLC per square kilometre | +23.2% |
| 1989 | 0.0306 million SLC per square kilometre | -1.2% |
| 1990 | 0.0326 million SLC per square kilometre | +6.6% |
| 1991 | 0.0396 million SLC per square kilometre | +21.3% |
| 1992 | 0.0567 million SLC per square kilometre | +43.2% |
| 1993 | 0.0708 million SLC per square kilometre | +25.0% |
| 1994 | 0.0991 million SLC per square kilometre | +39.9% |
| 1995 | 0.109 million SLC per square kilometre | +10.0% |
| 1996 | 0.123 million SLC per square kilometre | +12.8% |
| 1997 | 0.1332 million SLC per square kilometre | +8.3% |
| 1998 | 0.1636 million SLC per square kilometre | +22.8% |
| 1999 | 0.221 million SLC per square kilometre | +35.1% |
| 2000 | 0.2724 million SLC per square kilometre | +23.2% |
| 2001 | 0.3661 million SLC per square kilometre | +34.4% |
| 2002 | 0.4641 million SLC per square kilometre | +26.8% |
| 2003 | 0.5075 million SLC per square kilometre | +9.4% |
| 2004 | 0.6027 million SLC per square kilometre | +18.7% |
| 2005 | 0.6143 million SLC per square kilometre | +1.9% |
| 2006 | 0.541 million SLC per square kilometre | -11.9% |
| 2007 | 0.548 million SLC per square kilometre | +1.3% |
| 2008 | 0.6801 million SLC per square kilometre | +24.1% |
| 2009 | 0.8415 million SLC per square kilometre | +23.7% |
| 2010 | 1.28 million SLC per square kilometre | +52.2% |
| 2011 | 1.66 million SLC per square kilometre | +29.6% |
| 2012 | 1.92 million SLC per square kilometre | +15.9% |
| 2013 | 1.93 million SLC per square kilometre | +0.1% |
| 2014 | 1.95 million SLC per square kilometre | +1.0% |
| 2015 | 2.09 million SLC per square kilometre | +7.2% |
| 2016 | 2.32 million SLC per square kilometre | +11.1% |
| 2017 | 2.39 million SLC per square kilometre | +3.1% |
| 2018 | 2.52 million SLC per square kilometre | +5.4% |
| 2019 | 2.34 million SLC per square kilometre | -7.1% |
| 2020 | 1.89 million SLC per square kilometre | -19.4% |
| 2021 | 2.4 million SLC per square kilometre | +27.1% |
| 2022 | 3.37 million SLC per square kilometre | +40.4% |
| 2023 | 2.99 million SLC per square kilometre | -11.1% |
Bhutan compared with similar countries
- Bhutan's 2.99 million SLC per square kilometre is below the median for lower middle income countries, which is 4.03 million SLC per square kilometre, 74% of the median. (44 countries reporting)
- Bhutan's 2.99 million SLC per square kilometre is below the median for South Asia, which is 56.43 million SLC per square kilometre, 5% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0049 million SLC per square kilometre | 0.0033 million SLC per square kilometre | 0.0061 million SLC per square kilometre | 10 |
| 1980s | 0.0184 million SLC per square kilometre | 0.007 million SLC per square kilometre | 0.031 million SLC per square kilometre | 10 |
| 1990s | 0.1049 million SLC per square kilometre | 0.0326 million SLC per square kilometre | 0.221 million SLC per square kilometre | 10 |
| 2000s | 0.5438 million SLC per square kilometre | 0.2724 million SLC per square kilometre | 0.8415 million SLC per square kilometre | 10 |
| 2010s | 2.04 million SLC per square kilometre | 1.28 million SLC per square kilometre | 2.52 million SLC per square kilometre | 10 |
| 2020s | 2.66 million SLC per square kilometre | 1.89 million SLC per square kilometre | 3.37 million SLC per square kilometre | 4 |
Countries ranked near Bhutan
- 92 Saint Kitts and Nevis 3.4 million SLC per square kilometre compare
- 93 Nauru 3.36 million SLC per square kilometre compare
- 94 Norway 3.29 million SLC per square kilometre compare
- 96 Uruguay 2.98 million SLC per square kilometre compare
- 97 Saint Vincent and the Grenadines 2.85 million SLC per square kilometre compare
- 98 Germany 2.61 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, per in Bhutan?
- Gross fixed capital formation — value standard local currency, per in Bhutan was 2.99 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Bhutan?
- The highest recorded value was 3.37 million SLC per square kilometre in 2022.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Bhutan?
- The lowest recorded value was 0.0033 million SLC per square kilometre in 1970.
- How does Bhutan rank for gross fixed capital formation — value standard local currency, per?
- Bhutan ranks 95th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Bhutan?
- Over the last ten years it is up 55.2%. 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, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.