Gross value added at basic prices (GVA) (constant LCU) in Bhutan
Bhutan: Gross value added at basic prices (GVA) (constant LCU) was 199.49 billion constant LCU in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Bhutan, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Bhutan is 199.49 billion constant LCU, measured in 2024. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 7.6% on the previous year and up 50.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Bhutan peaked at 199.49 billion constant LCU in 2024 and was at its lowest, 12.16 billion constant LCU, in 1980.
Bhutan ranks 117th of 198 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 value added at basic prices (GVA) (constant LCU) in Bhutan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1980 | 12.16 billion constant LCU | — |
| 1981 | 13.87 billion constant LCU | +14.1% |
| 1982 | 14.36 billion constant LCU | +3.5% |
| 1983 | 15.91 billion constant LCU | +10.8% |
| 1984 | 16.56 billion constant LCU | +4.1% |
| 1985 | 17.37 billion constant LCU | +4.9% |
| 1986 | 19.49 billion constant LCU | +12.2% |
| 1987 | 24.96 billion constant LCU | +28.0% |
| 1988 | 26.25 billion constant LCU | +5.2% |
| 1989 | 28.38 billion constant LCU | +8.1% |
| 1990 | 31.20 billion constant LCU | +9.9% |
| 1991 | 31.02 billion constant LCU | -0.6% |
| 1992 | 32.50 billion constant LCU | +4.8% |
| 1993 | 33.19 billion constant LCU | +2.1% |
| 1994 | 34.26 billion constant LCU | +3.2% |
| 1995 | 36.88 billion constant LCU | +7.7% |
| 1996 | 39.09 billion constant LCU | +6.0% |
| 1997 | 40.90 billion constant LCU | +4.6% |
| 1998 | 43.44 billion constant LCU | +6.2% |
| 1999 | 46.93 billion constant LCU | +8.0% |
| 2000 | 50.89 billion constant LCU | +8.4% |
| 2001 | 54.61 billion constant LCU | +7.3% |
| 2002 | 59.50 billion constant LCU | +9.0% |
| 2003 | 64.15 billion constant LCU | +7.8% |
| 2004 | 66.82 billion constant LCU | +4.2% |
| 2005 | 71.59 billion constant LCU | +7.2% |
| 2006 | 75.93 billion constant LCU | +6.1% |
| 2007 | 88.57 billion constant LCU | +16.7% |
| 2008 | 92.51 billion constant LCU | +4.4% |
| 2009 | 99.94 billion constant LCU | +8.0% |
| 2010 | 110.07 billion constant LCU | +10.1% |
| 2011 | 118.70 billion constant LCU | +7.8% |
| 2012 | 122.44 billion constant LCU | +3.1% |
| 2013 | 125.62 billion constant LCU | +2.6% |
| 2014 | 132.26 billion constant LCU | +5.3% |
| 2015 | 143.37 billion constant LCU | +8.4% |
| 2016 | 154.93 billion constant LCU | +8.1% |
| 2017 | 160.67 billion constant LCU | +3.7% |
| 2018 | 165.13 billion constant LCU | +2.8% |
| 2019 | 176.80 billion constant LCU | +7.1% |
| 2020 | 161.74 billion constant LCU | -8.5% |
| 2021 | 169.09 billion constant LCU | +4.5% |
| 2022 | 178.02 billion constant LCU | +5.3% |
| 2023 | 185.46 billion constant LCU | +4.2% |
| 2024 | 199.49 billion constant LCU | +7.6% |
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (constant LCU) in Bhutan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +28.0% | 19.49 billion constant LCU | 24.96 billion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.93 billion constant LCU | 12.16 billion constant LCU | 28.38 billion constant LCU | 10 |
| 1990s | 36.94 billion constant LCU | 31.02 billion constant LCU | 46.93 billion constant LCU | 10 |
| 2000s | 72.45 billion constant LCU | 50.89 billion constant LCU | 99.94 billion constant LCU | 10 |
| 2010s | 141.00 billion constant LCU | 110.07 billion constant LCU | 176.80 billion constant LCU | 10 |
| 2020s | 178.76 billion constant LCU | 161.74 billion constant LCU | 199.49 billion constant LCU | 5 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- Real gdp growth, annual growth rate 24.04 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross value added at basic prices (gva) in Bhutan?
- Gross value added at basic prices (gva) in Bhutan was 199.49 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Bhutan?
- The highest recorded value was 199.49 billion constant LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Bhutan?
- The lowest recorded value was 12.16 billion constant LCU in 1980.
- How does Bhutan rank for gross value added at basic prices (gva)?
- Bhutan ranks 117th out of 198 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Bhutan?
- Over the last ten years it is up 50.8%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.