Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Bhutan
Bhutan: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 1,378 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Bhutan, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Bhutan stood at 1,378 million USD.
The figure is up 5.1% on the previous year and up 25.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Bhutan peaked at 1,503 million USD in 2022 and was at its lowest, 47.81 million USD, in 1970.
That places Bhutan 177th out of 235 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Bhutan, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 47.81 million USD | — |
| 1971 | 49.07 million USD | +2.6% |
| 1972 | 49.63 million USD | +1.1% |
| 1973 | 50.44 million USD | +1.6% |
| 1974 | 52.9 million USD | +4.9% |
| 1975 | 51.16 million USD | -3.3% |
| 1976 | 56.17 million USD | +9.8% |
| 1977 | 59.64 million USD | +6.2% |
| 1978 | 64.49 million USD | +8.1% |
| 1979 | 69.58 million USD | +7.9% |
| 1980 | 66.9 million USD | -3.8% |
| 1981 | 81.26 million USD | +21.5% |
| 1982 | 90.48 million USD | +11.4% |
| 1983 | 112.82 million USD | +24.7% |
| 1984 | 108.22 million USD | -4.1% |
| 1985 | 129.5 million USD | +19.7% |
| 1986 | 137.01 million USD | +5.8% |
| 1987 | 140.9 million USD | +2.8% |
| 1988 | 138.9 million USD | -1.4% |
| 1989 | 129.61 million USD | -6.7% |
| 1990 | 123.21 million USD | -4.9% |
| 1991 | 132.03 million USD | +7.2% |
| 1992 | 169.92 million USD | +28.7% |
| 1993 | 199.84 million USD | +17.6% |
| 1994 | 211.05 million USD | +5.6% |
| 1995 | 213.98 million USD | +1.4% |
| 1996 | 219.1 million USD | +2.4% |
| 1997 | 227.49 million USD | +3.8% |
| 1998 | 256.43 million USD | +12.7% |
| 1999 | 339.77 million USD | +32.5% |
| 2000 | 404.32 million USD | +19.0% |
| 2001 | 473.57 million USD | +17.1% |
| 2002 | 615.87 million USD | +30.1% |
| 2003 | 618.15 million USD | +0.4% |
| 2004 | 632.69 million USD | +2.4% |
| 2005 | 617.44 million USD | -2.4% |
| 2006 | 569.77 million USD | -7.7% |
| 2007 | 539.11 million USD | -5.4% |
| 2008 | 613.02 million USD | +13.7% |
| 2009 | 804.13 million USD | +31.2% |
| 2010 | 1,140 million USD | +41.7% |
| 2011 | 1,295 million USD | +13.6% |
| 2012 | 1,332 million USD | +2.9% |
| 2013 | 1,164 million USD | -12.6% |
| 2014 | 1,099 million USD | -5.6% |
| 2015 | 1,240 million USD | +12.9% |
| 2016 | 1,356 million USD | +9.3% |
| 2017 | 1,355 million USD | -0.0% |
| 2018 | 1,336 million USD | -1.4% |
| 2019 | 1,239 million USD | -7.3% |
| 2020 | 963.45 million USD | -22.2% |
| 2021 | 1,163 million USD | +20.7% |
| 2022 | 1,503 million USD | +29.2% |
| 2023 | 1,311 million USD | -12.8% |
| 2024 | 1,378 million USD | +5.1% |
Bhutan compared with similar countries
- Bhutan's 1,378 million USD is below the median for lower middle income countries, which is 5,259 million USD, 26% of the median. (44 countries reporting)
- Bhutan's 1,378 million USD is below the median for South Asia, which is 16,257 million USD, 8% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 55.09 million USD | 47.81 million USD | 69.58 million USD | 10 |
| 1980s | 113.56 million USD | 66.9 million USD | 140.9 million USD | 10 |
| 1990s | 209.28 million USD | 123.21 million USD | 339.77 million USD | 10 |
| 2000s | 588.81 million USD | 404.32 million USD | 804.13 million USD | 10 |
| 2010s | 1,255 million USD | 1,099 million USD | 1,356 million USD | 10 |
| 2020s | 1,264 million USD | 963.45 million USD | 1,503 million USD | 5 |
Countries ranked near Bhutan
- 174 South Sudan 1,670 million USD compare
- 175 Ethiopia PDR 1,547 million USD compare
- 176 Sierra Leone 1,461 million USD compare
- 178 Montenegro 1,366 million USD compare
- 179 French Polynesia 1,299 million USD compare
- 180 Greenland 1,225 million USD 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)
- 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 us$, 2015 prices in Bhutan?
- Gross fixed capital formation — value us$, 2015 prices in Bhutan was 1,378 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Bhutan?
- The highest recorded value was 1,503 million USD in 2022.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Bhutan?
- The lowest recorded value was 47.81 million USD in 1970.
- How does Bhutan rank for gross fixed capital formation — value us$, 2015 prices?
- Bhutan ranks 177th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Bhutan?
- Over the last ten years it is up 25.5%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).