Gross value added at basic prices (GVA) in Bhutan
Bhutan: Gross value added at basic prices (GVA) was 272.56 billion current LCU in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Bhutan, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross value added at basic prices (gva) in Bhutan stood at 272.56 billion current LCU. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 12.7% on the previous year and up 130.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Bhutan peaked at 272.56 billion current LCU in 2024 and was at its lowest, 993.82 million current LCU, in 1980.
That places Bhutan 123rd out of 206 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.22 billion current LCU | 993.82 million current LCU | 4.22 billion current LCU | 10 |
| 1990s | 9.35 billion current LCU | 4.90 billion current LCU | 16.57 billion current LCU | 10 |
| 2000s | 37.34 billion current LCU | 20.10 billion current LCU | 62.02 billion current LCU | 10 |
| 2010s | 127.50 billion current LCU | 74.03 billion current LCU | 184.28 billion current LCU | 10 |
| 2020s | 222.85 billion current LCU | 177.51 billion current LCU | 272.56 billion current LCU | 5 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- External balance on goods and services as a percent of GDP -16.4% (2024)
- Inflation of consumer prices 3.6% (2025)
- GDP per capita 3,989 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.6% (2024)
- Gross domestic product (GDP) 3.18 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 3,989 constant 2015 US$ (2025)
- DEC alternative conversion factor 87.16 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.98 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 155.11 million current US$ (2024)
- Taxes less subsidies on products 7.44 billion current LCU (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Bhutan?
- Gross value added at basic prices (gva) in Bhutan was 272.56 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Bhutan?
- The highest recorded value was 272.56 billion current LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Bhutan?
- The lowest recorded value was 993.82 million current LCU in 1980.
- How does Bhutan rank for gross value added at basic prices (gva)?
- Bhutan ranks 123rd out of 206 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 130.5%. 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 Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.