Gross value added at basic prices (GVA) (constant) … unit GDP constant in Bhutan
Bhutan: Gross value added at basic prices (GVA) (constant) … unit GDP constant was 59.61 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant LCU), per unit of in Bhutan, 1980–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Bhutan recorded 59.61 constant LCU per US$ of GDP for gross value added at basic prices (gva) (constant lcu), per unit of in 2024. That is the lowest value across all 45 years on record.
That represents a change of 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 lcu), per unit of in Bhutan peaked at 146.88 constant LCU per US$ of GDP in 1993 and was at its lowest, 59.61 constant LCU per US$ of GDP, in 2024.
That places Bhutan 57th out of 196 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Gross value added at basic prices (GVA) (constant) … unit GDP constant in Bhutan, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1980 | 94.48 constant LCU per US$ of GDP | — |
| 1981 | 99.67 constant LCU per US$ of GDP | +5.5% |
| 1982 | 101.49 constant LCU per US$ of GDP | +1.8% |
| 1983 | 101.51 constant LCU per US$ of GDP | +0.0% |
| 1984 | 103.23 constant LCU per US$ of GDP | +1.7% |
| 1985 | 106.39 constant LCU per US$ of GDP | +3.1% |
| 1986 | 101.94 constant LCU per US$ of GDP | -4.2% |
| 1987 | 102.82 constant LCU per US$ of GDP | +0.9% |
| 1988 | 96.41 constant LCU per US$ of GDP | -6.2% |
| 1989 | 107.16 constant LCU per US$ of GDP | +11.1% |
| 1990 | 108.41 constant LCU per US$ of GDP | +1.2% |
| 1991 | 129.07 constant LCU per US$ of GDP | +19.1% |
| 1992 | 135.27 constant LCU per US$ of GDP | +4.8% |
| 1993 | 146.88 constant LCU per US$ of GDP | +8.6% |
| 1994 | 132.29 constant LCU per US$ of GDP | -9.9% |
| 1995 | 126.96 constant LCU per US$ of GDP | -4.0% |
| 1996 | 128.85 constant LCU per US$ of GDP | +1.5% |
| 1997 | 116.11 constant LCU per US$ of GDP | -9.9% |
| 1998 | 119.52 constant LCU per US$ of GDP | +2.9% |
| 1999 | 117.53 constant LCU per US$ of GDP | -1.7% |
| 2000 | 110.45 constant LCU per US$ of GDP | -6.0% |
| 2001 | 110.09 constant LCU per US$ of GDP | -0.3% |
| 2002 | 106.38 constant LCU per US$ of GDP | -3.4% |
| 2003 | 98.4 constant LCU per US$ of GDP | -7.5% |
| 2004 | 90.86 constant LCU per US$ of GDP | -7.7% |
| 2005 | 83.21 constant LCU per US$ of GDP | -8.4% |
| 2006 | 80.53 constant LCU per US$ of GDP | -3.2% |
| 2007 | 70.53 constant LCU per US$ of GDP | -12.4% |
| 2008 | 70.22 constant LCU per US$ of GDP | -0.4% |
| 2009 | 75.06 constant LCU per US$ of GDP | +6.9% |
| 2010 | 64.41 constant LCU per US$ of GDP | -14.2% |
| 2011 | 60.02 constant LCU per US$ of GDP | -6.8% |
| 2012 | 62.05 constant LCU per US$ of GDP | +3.4% |
| 2013 | 64.63 constant LCU per US$ of GDP | +4.2% |
| 2014 | 63.31 constant LCU per US$ of GDP | -2.0% |
| 2015 | 65.53 constant LCU per US$ of GDP | +3.5% |
| 2016 | 65.72 constant LCU per US$ of GDP | +0.3% |
| 2017 | 62 constant LCU per US$ of GDP | -5.7% |
| 2018 | 63.92 constant LCU per US$ of GDP | +3.1% |
| 2019 | 64.63 constant LCU per US$ of GDP | +1.1% |
| 2020 | 65.81 constant LCU per US$ of GDP | +1.8% |
| 2021 | 61.07 constant LCU per US$ of GDP | -7.2% |
| 2022 | 61.42 constant LCU per US$ of GDP | +0.6% |
| 2023 | 61.56 constant LCU per US$ of GDP | +0.2% |
| 2024 | 59.61 constant LCU per US$ of GDP | -3.2% |
Bhutan compared with similar countries
- Bhutan's 59.61 constant LCU per US$ of GDP is above the median for lower middle income countries, which is 54.63 constant LCU per US$ of GDP, 1.1× the median. (47 countries reporting)
- Bhutan's 59.61 constant LCU per US$ of GDP is below the median for South Asia, which is 66.65 constant LCU per US$ of GDP, 89% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 101.51 constant LCU per US$ of GDP | 94.48 constant LCU per US$ of GDP | 107.16 constant LCU per US$ of GDP | 10 |
| 1990s | 126.09 constant LCU per US$ of GDP | 108.41 constant LCU per US$ of GDP | 146.88 constant LCU per US$ of GDP | 10 |
| 2000s | 89.57 constant LCU per US$ of GDP | 70.22 constant LCU per US$ of GDP | 110.45 constant LCU per US$ of GDP | 10 |
| 2010s | 63.62 constant LCU per US$ of GDP | 60.02 constant LCU per US$ of GDP | 65.72 constant LCU per US$ of GDP | 10 |
| 2020s | 61.89 constant LCU per US$ of GDP | 59.61 constant LCU per US$ of GDP | 65.81 constant LCU per US$ of GDP | 5 |
Countries ranked near Bhutan
- 54 Cape Verde 66.51 constant LCU per US$ of GDP compare
- 55 Serbia 62.61 constant LCU per US$ of GDP compare
- 56 Albania 59.92 constant LCU per US$ of GDP compare
- 58 Afghanistan 57.19 constant LCU per US$ of GDP compare
- 59 Kazakhstan 56.34 constant LCU per US$ of GDP compare
- 60 Nepal 54.63 constant LCU per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 45.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5765 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 32.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0061 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per unit of in Bhutan?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Bhutan was 59.61 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Bhutan?
- The highest recorded value was 146.88 constant LCU per US$ of GDP in 1993.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Bhutan?
- The lowest recorded value was 59.61 constant LCU per US$ of GDP in 2024.
- How does Bhutan rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Bhutan ranks 57th out of 196 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), per unit of 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.