Gross National Income — Value Standard Local Currency in Bhutan
Bhutan: Gross National Income — Value Standard Local Currency was 235,658 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Bhutan, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Bhutan recorded 235,658 million SLC for gross national income — value standard local currency in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 9.1% on the previous year and up 120.9% over ten years.
Over the whole period, gross national income — value standard local currency in Bhutan peaked at 235,658 million SLC in 2023 and was at its lowest, 373.35 million SLC, in 1970.
Bhutan ranks 118th of 202 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Bhutan, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 373.35 million SLC | — |
| 1971 | 400.44 million SLC | +7.3% |
| 1972 | 428.99 million SLC | +7.1% |
| 1973 | 491.94 million SLC | +14.7% |
| 1974 | 606.14 million SLC | +23.2% |
| 1975 | 585.65 million SLC | -3.4% |
| 1976 | 638.36 million SLC | +9.0% |
| 1977 | 688.87 million SLC | +7.9% |
| 1978 | 620.79 million SLC | -9.9% |
| 1979 | 689.6 million SLC | +11.1% |
| 1980 | 814.78 million SLC | +18.2% |
| 1981 | 988.26 million SLC | +21.3% |
| 1982 | 1,123 million SLC | +13.7% |
| 1983 | 1,277 million SLC | +13.7% |
| 1984 | 1,526 million SLC | +19.5% |
| 1985 | 1,688 million SLC | +10.6% |
| 1986 | 2,111 million SLC | +25.0% |
| 1987 | 2,836 million SLC | +34.3% |
| 1988 | 3,345 million SLC | +17.9% |
| 1989 | 3,956 million SLC | +18.3% |
| 1990 | 4,499 million SLC | +13.7% |
| 1991 | 4,820 million SLC | +7.1% |
| 1992 | 5,362 million SLC | +11.2% |
| 1993 | 6,014 million SLC | +12.2% |
| 1994 | 7,521 million SLC | +25.1% |
| 1995 | 8,190 million SLC | +8.9% |
| 1996 | 9,606 million SLC | +17.3% |
| 1997 | 11,962 million SLC | +24.5% |
| 1998 | 12,764 million SLC | +6.7% |
| 1999 | 15,189 million SLC | +19.0% |
| 2000 | 20,684 million SLC | +36.2% |
| 2001 | 23,398 million SLC | +13.1% |
| 2002 | 26,799 million SLC | +14.5% |
| 2003 | 29,727 million SLC | +10.9% |
| 2004 | 32,600 million SLC | +9.7% |
| 2005 | 37,433 million SLC | +14.8% |
| 2006 | 42,558 million SLC | +13.7% |
| 2007 | 51,217 million SLC | +20.3% |
| 2008 | 55,839 million SLC | +9.0% |
| 2009 | 61,996 million SLC | +11.0% |
| 2010 | 74,117 million SLC | +19.6% |
| 2011 | 86,986 million SLC | +17.4% |
| 2012 | 97,858 million SLC | +12.5% |
| 2013 | 106,663 million SLC | +9.0% |
| 2014 | 119,257 million SLC | +11.8% |
| 2015 | 131,193 million SLC | +10.0% |
| 2016 | 145,949 million SLC | +11.2% |
| 2017 | 154,894 million SLC | +6.1% |
| 2018 | 161,614 million SLC | +4.3% |
| 2019 | 176,483 million SLC | +9.2% |
| 2020 | 171,522 million SLC | -2.8% |
| 2021 | 193,088 million SLC | +12.6% |
| 2022 | 215,979 million SLC | +11.9% |
| 2023 | 235,658 million SLC | +9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 552.41 million SLC | 373.35 million SLC | 689.6 million SLC | 10 |
| 1980s | 1,967 million SLC | 814.78 million SLC | 3,956 million SLC | 10 |
| 1990s | 8,593 million SLC | 4,499 million SLC | 15,189 million SLC | 10 |
| 2000s | 38,225 million SLC | 20,684 million SLC | 61,996 million SLC | 10 |
| 2010s | 125,501 million SLC | 74,117 million SLC | 176,483 million SLC | 10 |
| 2020s | 204,062 million SLC | 171,522 million SLC | 235,658 million SLC | 4 |
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)
- Industry (including construction), value added (constant 2015 US$) 11.33 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2731 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,227 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 11.33 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 19.35 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 86,946 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.35 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5316 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Bhutan?
- Gross national income — value standard local currency in Bhutan was 235,658 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Bhutan?
- The highest recorded value was 235,658 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Bhutan?
- The lowest recorded value was 373.35 million SLC in 1970.
- How does Bhutan rank for gross national income — value standard local currency?
- Bhutan ranks 118th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Bhutan?
- Over the last ten years it is up 120.9%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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).