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Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Bhutan

Bhutan: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.857 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.857 constant 2015 US$ per US$ of GDP
Change on year
down 3.2%
World rank
37th
of 193 countries
All-time high
2.11 constant 2015 US$ per US$ of GDP
in 1993
All-time low
0.857 constant 2015 US$ per US$ of GDP
in 2024
Years of data
45
1980–2024

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Bhutan, 1980–2024

00.511.521980200220241980: 1.4 constant 2015 US$ per US$ of GDP1981: 1.4 constant 2015 US$ per US$ of GDP1982: 1.5 constant 2015 US$ per US$ of GDP1983: 1.5 constant 2015 US$ per US$ of GDP1984: 1.5 constant 2015 US$ per US$ of GDP1985: 1.5 constant 2015 US$ per US$ of GDP1986: 1.5 constant 2015 US$ per US$ of GDP1987: 1.5 constant 2015 US$ per US$ of GDP1988: 1.4 constant 2015 US$ per US$ of GDP1989: 1.5 constant 2015 US$ per US$ of GDP1990: 1.6 constant 2015 US$ per US$ of GDP1991: 1.9 constant 2015 US$ per US$ of GDP1992: 1.9 constant 2015 US$ per US$ of GDP1993: 2.1 constant 2015 US$ per US$ of GDP1994: 1.9 constant 2015 US$ per US$ of GDP1995: 1.8 constant 2015 US$ per US$ of GDP1996: 1.9 constant 2015 US$ per US$ of GDP1997: 1.7 constant 2015 US$ per US$ of GDP1998: 1.7 constant 2015 US$ per US$ of GDP1999: 1.7 constant 2015 US$ per US$ of GDP2000: 1.6 constant 2015 US$ per US$ of GDP2001: 1.6 constant 2015 US$ per US$ of GDP2002: 1.5 constant 2015 US$ per US$ of GDP2003: 1.4 constant 2015 US$ per US$ of GDP2004: 1.3 constant 2015 US$ per US$ of GDP2005: 1.2 constant 2015 US$ per US$ of GDP2006: 1.2 constant 2015 US$ per US$ of GDP2007: 1 constant 2015 US$ per US$ of GDP2008: 1 constant 2015 US$ per US$ of GDP2009: 1.1 constant 2015 US$ per US$ of GDP2010: 0.926 constant 2015 US$ per US$ of GDP2011: 0.863 constant 2015 US$ per US$ of GDP2012: 0.892 constant 2015 US$ per US$ of GDP2013: 0.929 constant 2015 US$ per US$ of GDP2014: 0.91 constant 2015 US$ per US$ of GDP2015: 0.942 constant 2015 US$ per US$ of GDP2016: 0.945 constant 2015 US$ per US$ of GDP2017: 0.891 constant 2015 US$ per US$ of GDP2018: 0.919 constant 2015 US$ per US$ of GDP2019: 0.929 constant 2015 US$ per US$ of GDP2020: 0.946 constant 2015 US$ per US$ of GDP2021: 0.878 constant 2015 US$ per US$ of GDP2022: 0.883 constant 2015 US$ per US$ of GDP2023: 0.885 constant 2015 US$ per US$ of GDP2024: 0.857 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

In 2024, gross value added at basic prices (gva) (constant 2015 us$), per unit in Bhutan stood at 0.857 constant 2015 US$ per US$ of GDP. That is the lowest value across all 45 years on record.

The figure is down 3.2% on the previous year and down 5.8% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Bhutan peaked at 2.11 constant 2015 US$ per US$ of GDP in 1993 and was at its lowest, 0.857 constant 2015 US$ per US$ of GDP, in 2024.

That places Bhutan 37th out of 193 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 45 years of available data.

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Bhutan, year by year

Year constant 2015 US$ per US$ of GDP Change
1980 1.36 constant 2015 US$ per US$ of GDP —
1981 1.43 constant 2015 US$ per US$ of GDP +5.5%
1982 1.46 constant 2015 US$ per US$ of GDP +1.8%
1983 1.46 constant 2015 US$ per US$ of GDP +0.0%
1984 1.48 constant 2015 US$ per US$ of GDP +1.7%
1985 1.53 constant 2015 US$ per US$ of GDP +3.1%
1986 1.47 constant 2015 US$ per US$ of GDP -4.2%
1987 1.48 constant 2015 US$ per US$ of GDP +0.9%
1988 1.39 constant 2015 US$ per US$ of GDP -6.2%
1989 1.54 constant 2015 US$ per US$ of GDP +11.1%
1990 1.56 constant 2015 US$ per US$ of GDP +1.2%
1991 1.86 constant 2015 US$ per US$ of GDP +19.1%
1992 1.94 constant 2015 US$ per US$ of GDP +4.8%
1993 2.11 constant 2015 US$ per US$ of GDP +8.6%
1994 1.9 constant 2015 US$ per US$ of GDP -9.9%
1995 1.83 constant 2015 US$ per US$ of GDP -4.0%
1996 1.85 constant 2015 US$ per US$ of GDP +1.5%
1997 1.67 constant 2015 US$ per US$ of GDP -9.9%
1998 1.72 constant 2015 US$ per US$ of GDP +2.9%
1999 1.69 constant 2015 US$ per US$ of GDP -1.7%
2000 1.59 constant 2015 US$ per US$ of GDP -6.0%
2001 1.58 constant 2015 US$ per US$ of GDP -0.3%
2002 1.53 constant 2015 US$ per US$ of GDP -3.4%
2003 1.41 constant 2015 US$ per US$ of GDP -7.5%
2004 1.31 constant 2015 US$ per US$ of GDP -7.7%
2005 1.2 constant 2015 US$ per US$ of GDP -8.4%
2006 1.16 constant 2015 US$ per US$ of GDP -3.2%
2007 1.01 constant 2015 US$ per US$ of GDP -12.4%
2008 1.01 constant 2015 US$ per US$ of GDP -0.4%
2009 1.08 constant 2015 US$ per US$ of GDP +6.9%
2010 0.926 constant 2015 US$ per US$ of GDP -14.2%
2011 0.8629 constant 2015 US$ per US$ of GDP -6.8%
2012 0.892 constant 2015 US$ per US$ of GDP +3.4%
2013 0.9291 constant 2015 US$ per US$ of GDP +4.2%
2014 0.9102 constant 2015 US$ per US$ of GDP -2.0%
2015 0.9421 constant 2015 US$ per US$ of GDP +3.5%
2016 0.9448 constant 2015 US$ per US$ of GDP +0.3%
2017 0.8914 constant 2015 US$ per US$ of GDP -5.7%
2018 0.9189 constant 2015 US$ per US$ of GDP +3.1%
2019 0.9291 constant 2015 US$ per US$ of GDP +1.1%
2020 0.9462 constant 2015 US$ per US$ of GDP +1.8%
2021 0.8779 constant 2015 US$ per US$ of GDP -7.2%
2022 0.8831 constant 2015 US$ per US$ of GDP +0.6%
2023 0.8849 constant 2015 US$ per US$ of GDP +0.2%
2024 0.857 constant 2015 US$ per US$ of GDP -3.2%

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.46 constant 2015 US$ per US$ of GDP 1.36 constant 2015 US$ per US$ of GDP 1.54 constant 2015 US$ per US$ of GDP 10
1990s 1.81 constant 2015 US$ per US$ of GDP 1.56 constant 2015 US$ per US$ of GDP 2.11 constant 2015 US$ per US$ of GDP 10
2000s 1.29 constant 2015 US$ per US$ of GDP 1.01 constant 2015 US$ per US$ of GDP 1.59 constant 2015 US$ per US$ of GDP 10
2010s 0.9146 constant 2015 US$ per US$ of GDP 0.8629 constant 2015 US$ per US$ of GDP 0.9448 constant 2015 US$ per US$ of GDP 10
2020s 0.8898 constant 2015 US$ per US$ of GDP 0.857 constant 2015 US$ per US$ of GDP 0.9462 constant 2015 US$ per US$ of GDP 5

Countries ranked near Bhutan

  1. 34 Panama 0.8647 constant 2015 US$ per US$ of GDP compare
  2. 35 Indonesia 0.862 constant 2015 US$ per US$ of GDP compare
  3. 36 Lesotho 0.8589 constant 2015 US$ per US$ of GDP compare
  4. 38 Kuwait 0.8558 constant 2015 US$ per US$ of GDP compare
  5. 39 Sint Maarten (Dutch part) 0.8536 constant 2015 US$ per US$ of GDP compare
  6. 40 India 0.8529 constant 2015 US$ per US$ of GDP compare

See the full ranking of 227 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Bhutan?
Gross value added at basic prices (gva) (constant 2015 us$), per unit in Bhutan was 0.857 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Bhutan?
The highest recorded value was 2.11 constant 2015 US$ per US$ of GDP in 1993.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Bhutan?
The lowest recorded value was 0.857 constant 2015 US$ per US$ of GDP in 2024.
How does Bhutan rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
Bhutan ranks 37th out of 193 countries with data for 2024.
Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Bhutan?
Over the last ten years it is down 5.8%. 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 value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Bhutan. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-per-unit-of-gdp/bhutan/

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How this figure is calculated

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)

Computed from

  • Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,725 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.