Gross savings in Bhutan
Bhutan: Gross savings was 22.9% in 2024. ▼ Falling
Gross savings in Bhutan, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Bhutan recorded 22.9% for gross savings in 2024.
The figure is up 30.2% on the previous year and down 34.7% over ten years.
Over the whole period, gross savings in Bhutan peaked at 54.0% in 2006 and was at its lowest, 17.6%, in 2023.
That places Bhutan 85th out of 177 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Gross savings in Bhutan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 54.0% | — |
| 2007 | 42.1% | -22.0% |
| 2008 | 35.4% | -15.8% |
| 2009 | 35.3% | -0.4% |
| 2010 | 37.0% | +4.9% |
| 2011 | 42.4% | +14.6% |
| 2012 | 50.7% | +19.4% |
| 2013 | 44.0% | -13.2% |
| 2014 | 35.1% | -20.1% |
| 2015 | 27.1% | -23.0% |
| 2016 | 32.5% | +20.1% |
| 2017 | 32.9% | +1.3% |
| 2018 | 31.9% | -3.0% |
| 2019 | 30.8% | -3.5% |
| 2020 | 24.4% | -20.6% |
| 2021 | 24.0% | -2.0% |
| 2022 | 21.0% | -12.2% |
| 2023 | 17.6% | -16.3% |
| 2024 | 22.9% | +30.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.7% | 35.3% | 54.0% | 4 |
| 2010s | 36.4% | 27.1% | 50.7% | 10 |
| 2020s | 22.0% | 17.6% | 24.4% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0662 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 279.81 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 5.54 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 23,412 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.045 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 190.27 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 12,720 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 11.98 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Bhutan?
- Gross savings in Bhutan was 22.9% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Bhutan?
- The highest recorded value was 54.0% in 2006.
- What is the lowest gross savings recorded in Bhutan?
- The lowest recorded value was 17.6% in 2023.
- How does Bhutan rank for gross savings?
- Bhutan ranks 85th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Bhutan?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is falling.
- Where does this Bhutan data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.