Manufacturing, value added in Bhutan

Bhutan: Manufacturing, value added was 18.53 billion current LCU in 2024. ◆ Volatile

Latest (2024)
18.53 billion current LCU
Change on year
down 5.2%
World rank
132nd
of 205 countries
All-time high
19.88 billion current LCU
in 2022
All-time low
30.26 million current LCU
in 1980
Years of data
45
1980–2024

Manufacturing, value added in Bhutan, 1980–2024

05.0B10.0B15.0B20.0B1980200220241980: 30.3M current LCU1981: 71.2M current LCU1982: 77.8M current LCU1983: 105.3M current LCU1984: 121.5M current LCU1985: 124.3M current LCU1986: 128.8M current LCU1987: 186.1M current LCU1988: 209.6M current LCU1989: 333.4M current LCU1990: 404.4M current LCU1991: 483.9M current LCU1992: 570.7M current LCU1993: 635.0M current LCU1994: 772.5M current LCU1995: 1.0B current LCU1996: 1.3B current LCU1997: 1.3B current LCU1998: 1.4B current LCU1999: 1.6B current LCU2000: 1.6B current LCU2001: 1.8B current LCU2002: 1.9B current LCU2003: 2.0B current LCU2004: 2.2B current LCU2005: 2.5B current LCU2006: 3.0B current LCU2007: 3.9B current LCU2008: 4.5B current LCU2009: 4.9B current LCU2010: 6.2B current LCU2011: 6.9B current LCU2012: 8.4B current LCU2013: 8.5B current LCU2014: 9.4B current LCU2015: 10.3B current LCU2016: 10.8B current LCU2017: 11.7B current LCU2018: 15.5B current LCU2019: 11.8B current LCU2020: 9.0B current LCU2021: 14.8B current LCU2022: 19.9B current LCU2023: 19.5B current LCU2024: 18.5B current LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

Bhutan recorded 18.53 billion current LCU for manufacturing, value added in 2024.

The figure is down 5.2% on the previous year and up 96.2% over ten years.

Over the whole period, manufacturing, value added in Bhutan peaked at 19.88 billion current LCU in 2022 and was at its lowest, 30.26 million current LCU, in 1980.

That places Bhutan 132nd out of 205 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.

Manufacturing, value added in Bhutan, year by year

Annual values for Manufacturing, value added (current LCU) in Bhutan, 1980 to 2024.
Year current LCU Change
1980 30.26 million current LCU —
1981 71.15 million current LCU +135.1%
1982 77.85 million current LCU +9.4%
1983 105.28 million current LCU +35.2%
1984 121.55 million current LCU +15.5%
1985 124.27 million current LCU +2.2%
1986 128.78 million current LCU +3.6%
1987 186.06 million current LCU +44.5%
1988 209.60 million current LCU +12.6%
1989 333.38 million current LCU +59.1%
1990 404.41 million current LCU +21.3%
1991 483.94 million current LCU +19.7%
1992 570.65 million current LCU +17.9%
1993 635.04 million current LCU +11.3%
1994 772.49 million current LCU +21.6%
1995 1.01 billion current LCU +31.2%
1996 1.26 billion current LCU +24.2%
1997 1.31 billion current LCU +3.9%
1998 1.43 billion current LCU +9.6%
1999 1.56 billion current LCU +8.7%
2000 1.58 billion current LCU +1.2%
2001 1.83 billion current LCU +16.2%
2002 1.88 billion current LCU +3.0%
2003 2.03 billion current LCU +7.6%
2004 2.23 billion current LCU +10.2%
2005 2.50 billion current LCU +12.0%
2006 3.02 billion current LCU +20.5%
2007 3.93 billion current LCU +30.2%
2008 4.47 billion current LCU +13.9%
2009 4.88 billion current LCU +9.2%
2010 6.16 billion current LCU +26.0%
2011 6.86 billion current LCU +11.4%
2012 8.39 billion current LCU +22.4%
2013 8.54 billion current LCU +1.8%
2014 9.45 billion current LCU +10.6%
2015 10.26 billion current LCU +8.6%
2016 10.79 billion current LCU +5.1%
2017 11.66 billion current LCU +8.1%
2018 15.45 billion current LCU +32.5%
2019 11.81 billion current LCU -23.6%
2020 8.98 billion current LCU -24.0%
2021 14.79 billion current LCU +64.7%
2022 19.88 billion current LCU +34.5%
2023 19.54 billion current LCU -1.7%
2024 18.53 billion current LCU -5.2%

Bhutan compared with similar countries

  • Bhutan's 18.53 billion current LCU is below the median for lower middle income countries, which is 254.63 billion current LCU, 7% of the median. (47 countries reporting)
  • Bhutan's 18.53 billion current LCU is below the median for South Asia, which is 2.96 trillion current LCU, 1% 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 +135.1% 30.26 million current LCU 71.15 million current LCU

Averages by decade

DecadeAverage LowestHighest Years
1980s 138.82 million current LCU 30.26 million current LCU 333.38 million current LCU 10
1990s 943.50 million current LCU 404.41 million current LCU 1.56 billion current LCU 10
2000s 2.84 billion current LCU 1.58 billion current LCU 4.88 billion current LCU 10
2010s 9.94 billion current LCU 6.16 billion current LCU 15.45 billion current LCU 10
2020s 16.34 billion current LCU 8.98 billion current LCU 19.88 billion current LCU 5

Countries ranked near Bhutan

  1. 129 Slovakia 22.15 billion current LCU compare
  2. 130 Mauritania 21.51 billion current LCU compare
  3. 131 Tajikistan 20.62 billion current LCU compare
  4. 133 Ecuador 17.25 billion current LCU compare
  5. 134 Cape Verde 15.53 billion current LCU compare
  6. 135 Botswana 15.31 billion current LCU compare

See the full ranking of 206 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 18.53 billion current LCU 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 19.88 billion current LCU in 2022.
What is the lowest manufacturing, value added recorded in Bhutan?
The lowest recorded value was 30.26 million current LCU in 1980.
How does Bhutan rank for manufacturing, value added?
Bhutan ranks 132nd out of 205 countries with data for 2024.
Is manufacturing, value added rising or falling in Bhutan?
Over the last ten years it is up 96.2%. 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 (current LCU). 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-current-lcu/bhutan/

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About this data

Indicator
Manufacturing, value added (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 8,279 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.