Gross national expenditure deflator (base year varies by country) in Bhutan
Bhutan: Gross national expenditure deflator (base year varies by country) was 1.72 % change on previous year in 2024. ▼ Falling
Gross national expenditure deflator (base year varies by country) in Bhutan, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross national expenditure deflator (base year varies by country) in Bhutan stood at 1.72 % change on previous year. That is the lowest value across all 34 years on record.
Compared with earlier readings it is down 57.9% on the previous year and down 61.1% over ten years.
Over the whole period, gross national expenditure deflator (base year varies by country) in Bhutan peaked at 12.32 % change on previous year in 1993 and was at its lowest, 1.72 % change on previous year, in 2024.
That places Bhutan 122nd out of 168 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Gross national expenditure deflator (base year varies by country) in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 9.38 % change on previous year | — |
| 1992 | 9.44 % change on previous year | +0.7% |
| 1993 | 12.32 % change on previous year | +30.5% |
| 1994 | 10.17 % change on previous year | -17.5% |
| 1995 | 6.46 % change on previous year | -36.5% |
| 1996 | 9.72 % change on previous year | +50.4% |
| 1997 | 11.7 % change on previous year | +20.4% |
| 1998 | 10.55 % change on previous year | -9.8% |
| 1999 | 4.82 % change on previous year | -54.3% |
| 2000 | 6.66 % change on previous year | +38.2% |
| 2001 | 4.95 % change on previous year | -25.6% |
| 2002 | 4.55 % change on previous year | -8.1% |
| 2003 | 3.37 % change on previous year | -25.9% |
| 2004 | 4.35 % change on previous year | +29.0% |
| 2005 | 6.33 % change on previous year | +45.5% |
| 2006 | 8.39 % change on previous year | +32.4% |
| 2007 | 4.93 % change on previous year | -41.2% |
| 2008 | 5.17 % change on previous year | +4.7% |
| 2009 | 4.1 % change on previous year | -20.6% |
| 2010 | 6.56 % change on previous year | +60.1% |
| 2011 | 9.09 % change on previous year | +38.5% |
| 2012 | 9.06 % change on previous year | -0.3% |
| 2013 | 6.68 % change on previous year | -26.3% |
| 2014 | 4.41 % change on previous year | -33.9% |
| 2015 | 1.98 % change on previous year | -55.1% |
| 2016 | 5.17 % change on previous year | +161.1% |
| 2017 | 4.7 % change on previous year | -9.3% |
| 2018 | 2.41 % change on previous year | -48.7% |
| 2019 | 4.37 % change on previous year | +81.2% |
| 2020 | 3.82 % change on previous year | -12.5% |
| 2021 | 8.17 % change on previous year | +113.6% |
| 2022 | 10.93 % change on previous year | +33.8% |
| 2023 | 4.08 % change on previous year | -62.6% |
| 2024 | 1.72 % change on previous year | -57.9% |
Bhutan compared with similar countries
- Bhutan's 1.72 % change on previous year is below the median for lower middle income countries, which is 4.4 % change on previous year, 39% of the median. (43 countries reporting)
- Bhutan's 1.72 % change on previous year is below the median for South Asia, which is 2.72 % change on previous year, 63% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.4 % change on previous year | 4.82 % change on previous year | 12.32 % change on previous year | 9 |
| 2000s | 5.28 % change on previous year | 3.37 % change on previous year | 8.39 % change on previous year | 10 |
| 2010s | 5.44 % change on previous year | 1.98 % change on previous year | 9.09 % change on previous year | 10 |
| 2020s | 5.74 % change on previous year | 1.72 % change on previous year | 10.93 % change on previous year | 5 |
Countries ranked near Bhutan
- 119 Israel 1.86 % change on previous year compare
- 120 Ireland 1.75 % change on previous year compare
- 121 Indonesia 1.74 % change on previous year compare
- 123 Greenland 1.71 % change on previous year compare
- 124 Paraguay 1.69 % change on previous year compare
- 125 Bahamas 1.65 % change on previous year 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 national expenditure deflator (base year varies by country) in Bhutan?
- Gross national expenditure deflator (base year varies by country) in Bhutan was 1.72 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure deflator (base year varies by country) recorded in Bhutan?
- The highest recorded value was 12.32 % change on previous year in 1993.
- What is the lowest gross national expenditure deflator (base year varies by country) recorded in Bhutan?
- The lowest recorded value was 1.72 % change on previous year in 2024.
- How does Bhutan rank for gross national expenditure deflator (base year varies by country)?
- Bhutan ranks 122nd out of 168 countries with data for 2024.
- Is gross national expenditure deflator (base year varies by country) rising or falling in Bhutan?
- Over the last ten years it is down 61.1%. The long-run trend across the full record is falling.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross national expenditure deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure deflator Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross national expenditure deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.