Gross value added at basic prices (GVA) (constant LCU), annual growth in Bhutan
Bhutan: Gross value added at basic prices (GVA) (constant LCU), annual growth was 7.56 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Bhutan, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bhutan recorded 7.56 % change on previous year for gross value added at basic prices (gva) (constant lcu), annual growth in 2024.
Compared with earlier readings it is up 81.0% on the previous year and up 43.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Bhutan peaked at 28.04 % change on previous year in 1987 and was at its lowest, -8.52 % change on previous year, in 2020.
Bhutan ranks 19th of 195 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant LCU), annual growth in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 14.1 % change on previous year | — |
| 1982 | 3.49 % change on previous year | -75.2% |
| 1983 | 10.81 % change on previous year | +209.6% |
| 1984 | 4.11 % change on previous year | -62.0% |
| 1985 | 4.9 % change on previous year | +19.4% |
| 1986 | 12.21 % change on previous year | +149.1% |
| 1987 | 28.04 % change on previous year | +129.7% |
| 1988 | 5.19 % change on previous year | -81.5% |
| 1989 | 8.08 % change on previous year | +55.8% |
| 1990 | 9.94 % change on previous year | +23.0% |
| 1991 | -0.5843 % change on previous year | -105.9% |
| 1992 | 4.78 % change on previous year | -917.3% |
| 1993 | 2.14 % change on previous year | -55.2% |
| 1994 | 3.21 % change on previous year | +50.1% |
| 1995 | 7.66 % change on previous year | +138.5% |
| 1996 | 6 % change on previous year | -21.6% |
| 1997 | 4.61 % change on previous year | -23.1% |
| 1998 | 6.22 % change on previous year | +34.7% |
| 1999 | 8.03 % change on previous year | +29.2% |
| 2000 | 8.44 % change on previous year | +5.0% |
| 2001 | 7.32 % change on previous year | -13.2% |
| 2002 | 8.95 % change on previous year | +22.3% |
| 2003 | 7.81 % change on previous year | -12.8% |
| 2004 | 4.15 % change on previous year | -46.8% |
| 2005 | 7.15 % change on previous year | +72.2% |
| 2006 | 6.05 % change on previous year | -15.4% |
| 2007 | 16.66 % change on previous year | +175.2% |
| 2008 | 4.45 % change on previous year | -73.3% |
| 2009 | 8.03 % change on previous year | +80.6% |
| 2010 | 10.14 % change on previous year | +26.4% |
| 2011 | 7.84 % change on previous year | -22.7% |
| 2012 | 3.15 % change on previous year | -59.8% |
| 2013 | 2.59 % change on previous year | -17.7% |
| 2014 | 5.29 % change on previous year | +104.1% |
| 2015 | 8.4 % change on previous year | +58.8% |
| 2016 | 8.07 % change on previous year | -3.9% |
| 2017 | 3.7 % change on previous year | -54.1% |
| 2018 | 2.78 % change on previous year | -25.1% |
| 2019 | 7.07 % change on previous year | +154.7% |
| 2020 | -8.52 % change on previous year | -220.5% |
| 2021 | 4.54 % change on previous year | -153.3% |
| 2022 | 5.28 % change on previous year | +16.4% |
| 2023 | 4.18 % change on previous year | -20.9% |
| 2024 | 7.56 % change on previous year | +81.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.1 % change on previous year | 3.49 % change on previous year | 28.04 % change on previous year | 9 |
| 1990s | 5.2 % change on previous year | -0.5843 % change on previous year | 9.94 % change on previous year | 10 |
| 2000s | 7.9 % change on previous year | 4.15 % change on previous year | 16.66 % change on previous year | 10 |
| 2010s | 5.9 % change on previous year | 2.59 % change on previous year | 10.14 % change on previous year | 10 |
| 2020s | 2.61 % change on previous year | -8.52 % change on previous year | 7.56 % change on previous year | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.69 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 81.44 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 344,353 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.857 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 3,623 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 59.61 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 252,032 constant LCU per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Bhutan?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Bhutan was 7.56 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Bhutan?
- The highest recorded value was 28.04 % change on previous year in 1987.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Bhutan?
- The lowest recorded value was -8.52 % change on previous year in 2020.
- How does Bhutan rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Bhutan ranks 19th out of 195 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Bhutan?
- Over the last ten years it is up 43.0%. The long-run trend across the full record is volatile.
- 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 LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) 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 value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.