Gross Fixed Capital Formation — Value US$ (US Value) in Bhutan
Bhutan: Gross Fixed Capital Formation — Value US$ (US Value) was 1,480 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ 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$ in Bhutan stood at 1,480 million USD.
That represents a change of up 7.2% on the previous year and up 21.7% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Bhutan peaked at 1,633 million USD in 2022 and was at its lowest, 20.5 million USD, in 1970.
That places Bhutan 176th out of 235 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 US$ (US Value) in Bhutan, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 20.5 million USD | — |
| 1971 | 22.01 million USD | +7.4% |
| 1972 | 23.26 million USD | +5.7% |
| 1973 | 26.18 million USD | +12.6% |
| 1974 | 30.8 million USD | +17.6% |
| 1975 | 28.78 million USD | -6.6% |
| 1976 | 29.41 million USD | +2.2% |
| 1977 | 32.36 million USD | +10.0% |
| 1978 | 31.17 million USD | -3.7% |
| 1979 | 35.34 million USD | +13.4% |
| 1980 | 41.83 million USD | +18.3% |
| 1981 | 48.29 million USD | +15.5% |
| 1982 | 52.93 million USD | +9.6% |
| 1983 | 64.28 million USD | +21.5% |
| 1984 | 61.81 million USD | -3.8% |
| 1985 | 74.15 million USD | +20.0% |
| 1986 | 81.08 million USD | +9.3% |
| 1987 | 90.58 million USD | +11.7% |
| 1988 | 103.94 million USD | +14.7% |
| 1989 | 88.11 million USD | -15.2% |
| 1990 | 87.06 million USD | -1.2% |
| 1991 | 81.3 million USD | -6.6% |
| 1992 | 102.15 million USD | +25.6% |
| 1993 | 108.5 million USD | +6.2% |
| 1994 | 125.7 million USD | +15.9% |
| 1995 | 133.78 million USD | +6.4% |
| 1996 | 138.13 million USD | +3.3% |
| 1997 | 146.03 million USD | +5.7% |
| 1998 | 157.81 million USD | +8.1% |
| 1999 | 204.3 million USD | +29.5% |
| 2000 | 241.21 million USD | +18.1% |
| 2001 | 308.77 million USD | +28.0% |
| 2002 | 379.99 million USD | +23.1% |
| 2003 | 433.63 million USD | +14.1% |
| 2004 | 506.91 million USD | +16.9% |
| 2005 | 530.95 million USD | +4.7% |
| 2006 | 455.17 million USD | -14.3% |
| 2007 | 505.13 million USD | +11.0% |
| 2008 | 595.84 million USD | +18.0% |
| 2009 | 662.67 million USD | +11.2% |
| 2010 | 1,068 million USD | +61.1% |
| 2011 | 1,356 million USD | +27.0% |
| 2012 | 1,373 million USD | +1.2% |
| 2013 | 1,253 million USD | -8.7% |
| 2014 | 1,216 million USD | -3.0% |
| 2015 | 1,240 million USD | +2.0% |
| 2016 | 1,316 million USD | +6.1% |
| 2017 | 1,400 million USD | +6.4% |
| 2018 | 1,405 million USD | +0.4% |
| 2019 | 1,267 million USD | -9.8% |
| 2020 | 970.7 million USD | -23.4% |
| 2021 | 1,237 million USD | +27.4% |
| 2022 | 1,633 million USD | +32.0% |
| 2023 | 1,381 million USD | -15.4% |
| 2024 | 1,480 million USD | +7.2% |
Bhutan compared with similar countries
- Bhutan's 1,480 million USD is below the median for lower middle income countries, which is 5,205 million USD, 28% of the median. (44 countries reporting)
- Bhutan's 1,480 million USD is below the median for South Asia, which is 14,819 million USD, 10% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.98 million USD | 20.5 million USD | 35.34 million USD | 10 |
| 1980s | 70.7 million USD | 41.83 million USD | 103.94 million USD | 10 |
| 1990s | 128.48 million USD | 81.3 million USD | 204.3 million USD | 10 |
| 2000s | 462.03 million USD | 241.21 million USD | 662.67 million USD | 10 |
| 2010s | 1,289 million USD | 1,068 million USD | 1,405 million USD | 10 |
| 2020s | 1,340 million USD | 970.7 million USD | 1,633 million USD | 5 |
Countries ranked near Bhutan
- 173 Ethiopia PDR 1,636 million USD compare
- 174 Montenegro 1,634 million USD compare
- 175 Cayman Islands 1,519 million USD compare
- 177 Netherlands Antilles (former) 1,399 million USD compare
- 178 Equatorial Guinea 1,319 million USD compare
- 179 Malawi 1,292 million USD compare
More economy & growth data for Bhutan
- Real gdp growth, annual growth rate 24.04 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Bhutan?
- Gross fixed capital formation — value us$ in Bhutan was 1,480 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Bhutan?
- The highest recorded value was 1,633 million USD in 2022.
- What is the lowest gross fixed capital formation — value us$ recorded in Bhutan?
- The lowest recorded value was 20.5 million USD in 1970.
- How does Bhutan rank for gross fixed capital formation — value us$?
- Bhutan ranks 176th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Bhutan?
- Over the last ten years it is up 21.7%. 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$. 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).