Gross Fixed Capital Formation — Value Standard Local Currency in Bhutan
Bhutan: Gross Fixed Capital Formation — Value Standard Local Currency was 123,819 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Bhutan, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Bhutan recorded 123,819 million SLC for gross fixed capital formation — value standard local currency in 2024.
The figure is up 8.6% on the previous year and up 66.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Bhutan peaked at 128,349 million SLC in 2022 and was at its lowest, 153.76 million SLC, in 1970.
That places Bhutan 123rd out of 230 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 — Value Standard Local Currency in Bhutan, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 153.76 million SLC | — |
| 1971 | 164.89 million SLC | +7.2% |
| 1972 | 176.62 million SLC | +7.1% |
| 1973 | 202.68 million SLC | +14.7% |
| 1974 | 249.5 million SLC | +23.1% |
| 1975 | 241.03 million SLC | -3.4% |
| 1976 | 263.51 million SLC | +9.3% |
| 1977 | 282.78 million SLC | +7.3% |
| 1978 | 255.4 million SLC | -9.7% |
| 1979 | 287.19 million SLC | +12.4% |
| 1980 | 328.88 million SLC | +14.5% |
| 1981 | 418.16 million SLC | +27.1% |
| 1982 | 500.45 million SLC | +19.7% |
| 1983 | 649.2 million SLC | +29.7% |
| 1984 | 702.35 million SLC | +8.2% |
| 1985 | 917.19 million SLC | +30.6% |
| 1986 | 1,022 million SLC | +11.5% |
| 1987 | 1,174 million SLC | +14.8% |
| 1988 | 1,446 million SLC | +23.2% |
| 1989 | 1,430 million SLC | -1.2% |
| 1990 | 1,524 million SLC | +6.6% |
| 1991 | 1,849 million SLC | +21.3% |
| 1992 | 2,648 million SLC | +43.2% |
| 1993 | 3,308 million SLC | +25.0% |
| 1994 | 3,944 million SLC | +19.2% |
| 1995 | 4,338 million SLC | +10.0% |
| 1996 | 4,895 million SLC | +12.8% |
| 1997 | 5,303 million SLC | +8.3% |
| 1998 | 6,511 million SLC | +22.8% |
| 1999 | 8,796 million SLC | +35.1% |
| 2000 | 10,840 million SLC | +23.2% |
| 2001 | 14,570 million SLC | +34.4% |
| 2002 | 18,472 million SLC | +26.8% |
| 2003 | 20,200 million SLC | +9.4% |
| 2004 | 22,971 million SLC | +13.7% |
| 2005 | 23,415 million SLC | +1.9% |
| 2006 | 20,622 million SLC | -11.9% |
| 2007 | 20,886 million SLC | +1.3% |
| 2008 | 25,922 million SLC | +24.1% |
| 2009 | 32,077 million SLC | +23.7% |
| 2010 | 48,813 million SLC | +52.2% |
| 2011 | 63,280 million SLC | +29.6% |
| 2012 | 73,347 million SLC | +15.9% |
| 2013 | 73,450 million SLC | +0.1% |
| 2014 | 74,215 million SLC | +1.0% |
| 2015 | 79,548 million SLC | +7.2% |
| 2016 | 88,415 million SLC | +11.1% |
| 2017 | 91,161 million SLC | +3.1% |
| 2018 | 96,114 million SLC | +5.4% |
| 2019 | 89,243 million SLC | -7.1% |
| 2020 | 71,928 million SLC | -19.4% |
| 2021 | 91,409 million SLC | +27.1% |
| 2022 | 128,349 million SLC | +40.4% |
| 2023 | 114,055 million SLC | -11.1% |
| 2024 | 123,819 million SLC | +8.6% |
Bhutan compared with similar countries
- Bhutan's 123,819 million SLC is below the median for lower middle income countries, which is 367,772 million SLC, 34% of the median. (44 countries reporting)
- Bhutan's 123,819 million SLC is below the median for South Asia, which is 3.57 million million SLC, 3% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 227.74 million SLC | 153.76 million SLC | 287.19 million SLC | 10 |
| 1980s | 858.88 million SLC | 328.88 million SLC | 1,446 million SLC | 10 |
| 1990s | 4,311 million SLC | 1,524 million SLC | 8,796 million SLC | 10 |
| 2000s | 20,998 million SLC | 10,840 million SLC | 32,077 million SLC | 10 |
| 2010s | 77,759 million SLC | 48,813 million SLC | 96,114 million SLC | 10 |
| 2020s | 105,912 million SLC | 71,928 million SLC | 128,349 million SLC | 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 — value standard local currency in Bhutan?
- Gross fixed capital formation — value standard local currency in Bhutan was 123,819 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Bhutan?
- The highest recorded value was 128,349 million SLC in 2022.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Bhutan?
- The lowest recorded value was 153.76 million SLC in 1970.
- How does Bhutan rank for gross fixed capital formation — value standard local currency?
- Bhutan ranks 123rd out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Bhutan?
- Over the last ten years it is up 66.8%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).