Inflation of consumer prices in Bhutan
Bhutan: Inflation of consumer prices was 3.6% in 2025. ◆ Volatile
Inflation of consumer prices in Bhutan, 1981–2025
Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in annual %.
Analysis
Bhutan recorded 3.6% for inflation of consumer prices in 2025.
The figure is up 28.7% on the previous year and down 21.8% over ten years.
Over the whole period, inflation of consumer prices in Bhutan peaked at 18.1% in 1983 and was at its lowest, 1.9%, in 1985.
That places Bhutan 79th out of 190 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation of consumer prices in Bhutan, year by year
| Year | annual % | Change |
|---|---|---|
| 1981 | 10.0% | — |
| 1982 | 9.8% | -1.3% |
| 1983 | 18.1% | +83.4% |
| 1984 | 7.0% | -61.0% |
| 1985 | 1.9% | -73.3% |
| 1986 | 10.0% | +429.5% |
| 1987 | 6.3% | -36.5% |
| 1988 | 10.1% | +59.5% |
| 1989 | 8.8% | -13.0% |
| 1990 | 10.0% | +14.0% |
| 1991 | 12.3% | +22.6% |
| 1992 | 16.0% | +30.1% |
| 1993 | 11.2% | -29.9% |
| 1994 | 7.0% | -37.4% |
| 1995 | 9.5% | +35.3% |
| 1996 | 8.8% | -7.4% |
| 1997 | 6.5% | -26.0% |
| 1998 | 10.6% | +62.7% |
| 1999 | 6.8% | -36.0% |
| 2000 | 4.0% | -40.8% |
| 2001 | 3.4% | -14.9% |
| 2002 | 2.5% | -28.1% |
| 2003 | 2.6% | +4.8% |
| 2004 | 4.1% | +59.6% |
| 2005 | 5.3% | +29.4% |
| 2006 | 5.0% | -5.9% |
| 2007 | 5.2% | +3.1% |
| 2008 | 8.3% | +61.5% |
| 2009 | 4.4% | -47.6% |
| 2010 | 7.0% | +61.3% |
| 2011 | 8.8% | +25.8% |
| 2012 | 10.9% | +23.4% |
| 2013 | 8.8% | -19.6% |
| 2014 | 8.3% | -5.8% |
| 2015 | 4.5% | -45.0% |
| 2016 | 3.2% | -29.2% |
| 2017 | 5.0% | +53.9% |
| 2018 | 2.7% | -45.0% |
| 2019 | 2.7% | +0.1% |
| 2020 | 5.6% | +106.5% |
| 2021 | 7.3% | +30.5% |
| 2022 | 5.6% | -23.2% |
| 2023 | 4.2% | -25.0% |
| 2024 | 2.8% | -34.7% |
| 2025 | 3.6% | +28.7% |
Bhutan compared with similar countries
- Bhutan's 3.6% is above the median for lower middle income countries, which is 3.6%, 1.0× the median. (47 countries reporting)
- Bhutan's 3.6% is above the median for South Asia, which is 3.1%, 1.1× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Inflation of consumer prices 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 |
|---|---|---|---|
| 1986 | +429.5% | 1.9% | 10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.1% | 1.9% | 18.1% | 9 |
| 1990s | 9.9% | 6.5% | 16.0% | 10 |
| 2000s | 4.5% | 2.5% | 8.3% | 10 |
| 2010s | 6.2% | 2.7% | 10.9% | 10 |
| 2020s | 4.9% | 2.8% | 7.3% | 6 |
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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.82 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -72.36 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0008 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 26.59 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.3328 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,495 includes gold, current US$ per person (2025)
- Total reserves minus gold (current US$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is inflation of consumer prices in Bhutan?
- Inflation of consumer prices in Bhutan was 3.6% in 2025, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest inflation of consumer prices recorded in Bhutan?
- The highest recorded value was 18.1% in 1983.
- What is the lowest inflation of consumer prices recorded in Bhutan?
- The lowest recorded value was 1.9% in 1985.
- How does Bhutan rank for inflation of consumer prices?
- Bhutan ranks 79th out of 190 countries with data for 2025.
- Is inflation of consumer prices rising or falling in Bhutan?
- Over the last ten years it is down 21.8%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.