Manufacturing, value added in Bhutan

Bhutan: Manufacturing, value added was 150.61 million constant 2015 US$ in 2024. ◆ Volatile

Latest (2024)
150.61 million constant 2015 US$
Change on year
up 2.6%
World rank
156th
of 186 countries
All-time high
179.13 million constant 2015 US$
in 2018
All-time low
4.81 million constant 2015 US$
in 1980
Years of data
45
1980–2024

Manufacturing, value added in Bhutan, 1980–2024

050.0M100.0M150.0M200.0M1980200220241980: 4.8M constant 2015 US$1981: 11.8M constant 2015 US$1982: 10.3M constant 2015 US$1983: 11.6M constant 2015 US$1984: 12.0M constant 2015 US$1985: 11.1M constant 2015 US$1986: 10.7M constant 2015 US$1987: 16.5M constant 2015 US$1988: 17.0M constant 2015 US$1989: 25.5M constant 2015 US$1990: 24.8M constant 2015 US$1991: 24.0M constant 2015 US$1992: 25.0M constant 2015 US$1993: 25.5M constant 2015 US$1994: 30.7M constant 2015 US$1995: 37.8M constant 2015 US$1996: 42.2M constant 2015 US$1997: 45.2M constant 2015 US$1998: 45.2M constant 2015 US$1999: 47.4M constant 2015 US$2000: 48.6M constant 2015 US$2001: 54.7M constant 2015 US$2002: 55.7M constant 2015 US$2003: 59.1M constant 2015 US$2004: 61.7M constant 2015 US$2005: 66.5M constant 2015 US$2006: 74.2M constant 2015 US$2007: 92.7M constant 2015 US$2008: 100.6M constant 2015 US$2009: 107.6M constant 2015 US$2010: 129.3M constant 2015 US$2011: 138.7M constant 2015 US$2012: 148.1M constant 2015 US$2013: 140.3M constant 2015 US$2014: 153.2M constant 2015 US$2015: 160.0M constant 2015 US$2016: 163.8M constant 2015 US$2017: 174.4M constant 2015 US$2018: 179.1M constant 2015 US$2019: 174.6M constant 2015 US$2020: 132.2M constant 2015 US$2021: 137.7M constant 2015 US$2022: 147.0M constant 2015 US$2023: 146.8M constant 2015 US$2024: 150.6M constant 2015 US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.

Analysis

The most recent figure for manufacturing, value added in Bhutan is 150.61 million constant 2015 US$, measured in 2024.

Compared with earlier readings it is up 2.6% on the previous year and down 1.7% over ten years.

Over the whole period, manufacturing, value added in Bhutan peaked at 179.13 million constant 2015 US$ in 2018 and was at its lowest, 4.81 million constant 2015 US$, in 1980.

That places Bhutan 156th out of 186 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Manufacturing, value added in Bhutan, year by year

Annual values for Manufacturing, value added (constant 2015 US$) in Bhutan, 1980 to 2024.
Year constant 2015 US$ Change
1980 4.81 million constant 2015 US$ —
1981 11.81 million constant 2015 US$ +145.6%
1982 10.28 million constant 2015 US$ -13.0%
1983 11.63 million constant 2015 US$ +13.2%
1984 11.99 million constant 2015 US$ +3.1%
1985 11.15 million constant 2015 US$ -7.0%
1986 10.73 million constant 2015 US$ -3.8%
1987 16.53 million constant 2015 US$ +54.1%
1988 16.98 million constant 2015 US$ +2.7%
1989 25.54 million constant 2015 US$ +50.4%
1990 24.81 million constant 2015 US$ -2.9%
1991 23.96 million constant 2015 US$ -3.4%
1992 24.99 million constant 2015 US$ +4.3%
1993 25.47 million constant 2015 US$ +1.9%
1994 30.73 million constant 2015 US$ +20.7%
1995 37.80 million constant 2015 US$ +23.0%
1996 42.16 million constant 2015 US$ +11.5%
1997 45.17 million constant 2015 US$ +7.1%
1998 45.17 million constant 2015 US$ +0.0%
1999 47.36 million constant 2015 US$ +4.9%
2000 48.64 million constant 2015 US$ +2.7%
2001 54.70 million constant 2015 US$ +12.5%
2002 55.74 million constant 2015 US$ +1.9%
2003 59.11 million constant 2015 US$ +6.0%
2004 61.75 million constant 2015 US$ +4.5%
2005 66.54 million constant 2015 US$ +7.8%
2006 74.18 million constant 2015 US$ +11.5%
2007 92.75 million constant 2015 US$ +25.0%
2008 100.64 million constant 2015 US$ +8.5%
2009 107.56 million constant 2015 US$ +6.9%
2010 129.27 million constant 2015 US$ +20.2%
2011 138.71 million constant 2015 US$ +7.3%
2012 148.12 million constant 2015 US$ +6.8%
2013 140.34 million constant 2015 US$ -5.3%
2014 153.20 million constant 2015 US$ +9.2%
2015 159.97 million constant 2015 US$ +4.4%
2016 163.84 million constant 2015 US$ +2.4%
2017 174.42 million constant 2015 US$ +6.5%
2018 179.13 million constant 2015 US$ +2.7%
2019 174.65 million constant 2015 US$ -2.5%
2020 132.18 million constant 2015 US$ -24.3%
2021 137.71 million constant 2015 US$ +4.2%
2022 146.98 million constant 2015 US$ +6.7%
2023 146.82 million constant 2015 US$ -0.1%
2024 150.61 million constant 2015 US$ +2.6%

Bhutan compared with similar countries

  • Bhutan's 150.61 million constant 2015 US$ is below the median for lower middle income countries, which is 2.27 billion constant 2015 US$, 7% of the median. (45 countries reporting)
  • Bhutan's 150.61 million constant 2015 US$ is below the median for South Asia, which is 8.83 billion constant 2015 US$, 2% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where Manufacturing, value added 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.

YearChange FromTo
1981 +145.6% 4.81 million constant 2015 US$ 11.81 million constant 2015 US$
1987 +54.1% 10.73 million constant 2015 US$ 16.53 million constant 2015 US$
1989 +50.4% 16.98 million constant 2015 US$ 25.54 million constant 2015 US$

Averages by decade

DecadeAverage LowestHighest Years
1980s 13.14 million constant 2015 US$ 4.81 million constant 2015 US$ 25.54 million constant 2015 US$ 10
1990s 34.76 million constant 2015 US$ 23.96 million constant 2015 US$ 47.36 million constant 2015 US$ 10
2000s 72.16 million constant 2015 US$ 48.64 million constant 2015 US$ 107.56 million constant 2015 US$ 10
2010s 156.17 million constant 2015 US$ 129.27 million constant 2015 US$ 179.13 million constant 2015 US$ 10
2020s 142.86 million constant 2015 US$ 132.18 million constant 2015 US$ 150.61 million constant 2015 US$ 5

Countries ranked near Bhutan

  1. 153 Montenegro 186.03 million constant 2015 US$ compare
  2. 154 Belize 175.51 million constant 2015 US$ compare
  3. 155 Djibouti 163.56 million constant 2015 US$ compare
  4. 157 Isle of Man 143.19 million constant 2015 US$ compare
  5. 158 Solomon Islands 138.93 million constant 2015 US$ compare
  6. 159 Aruba 123.72 million constant 2015 US$ compare

See the full ranking of 221 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is manufacturing, value added in Bhutan?
Manufacturing, value added in Bhutan was 150.61 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest manufacturing, value added recorded in Bhutan?
The highest recorded value was 179.13 million constant 2015 US$ in 2018.
What is the lowest manufacturing, value added recorded in Bhutan?
The lowest recorded value was 4.81 million constant 2015 US$ in 1980.
How does Bhutan rank for manufacturing, value added?
Bhutan ranks 156th out of 186 countries with data for 2024.
Is manufacturing, value added rising or falling in Bhutan?
Over the last ten years it is down 1.7%. 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 Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.

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Manufacturing, value added in Bhutan. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 27 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-constant-2015-us/bhutan/

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About this data

Indicator
Manufacturing, value added (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
221 places, 8,982 data points, 1960–2025
Last refreshed

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 is 2015. This indicator is expressed in United States dollars.