Gross domestic product (GDP) in Bhutan
Bhutan: Gross domestic product (GDP) was 1.19 billion current GBP in 2014. ◆ Volatile
Latest (2014)
1.19 billion current GBP
Change on year
up 3.5%
World rank
175th
of 200 countries
All-time high
1.19 billion current GBP
in 2014
All-time low
58.37 million current GBP
in 1980
Years of data
35
1980–2014
Gross domestic product (GDP) in Bhutan, 1980–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
Bhutan recorded 1.19 billion current GBP for gross domestic product (gdp) in 2014. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 3.5% on the previous year and up 210.2% over ten years.
Over the whole period, gross domestic product (gdp) in Bhutan peaked at 1.19 billion current GBP in 2014 and was at its lowest, 58.37 million current GBP, in 1980.
That places Bhutan 175th out of 200 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Bhutan, year by year
| Year | current GBP | Change |
|---|---|---|
| 1980 | 58.37 million current GBP | — |
| 1981 | 72.85 million current GBP | +24.8% |
| 1982 | 85.26 million current GBP | +17.0% |
| 1983 | 109.24 million current GBP | +28.1% |
| 1984 | 127.25 million current GBP | +16.5% |
| 1985 | 134.20 million current GBP | +5.5% |
| 1986 | 137.38 million current GBP | +2.4% |
| 1987 | 154.93 million current GBP | +12.8% |
| 1988 | 159.57 million current GBP | +3.0% |
| 1989 | 168.65 million current GBP | +5.7% |
| 1990 | 168.83 million current GBP | +0.1% |
| 1991 | 141.78 million current GBP | -16.0% |
| 1992 | 142.90 million current GBP | +0.8% |
| 1993 | 156.85 million current GBP | +9.8% |
| 1994 | 176.95 million current GBP | +12.8% |
| 1995 | 192.03 million current GBP | +8.5% |
| 1996 | 202.81 million current GBP | +5.6% |
| 1997 | 223.54 million current GBP | +10.2% |
| 1998 | 227.62 million current GBP | +1.8% |
| 1999 | 258.99 million current GBP | +13.8% |
| 2000 | 290.25 million current GBP | +12.1% |
| 2001 | 330.91 million current GBP | +14.0% |
| 2002 | 358.33 million current GBP | +8.3% |
| 2003 | 380.97 million current GBP | +6.3% |
| 2004 | 383.79 million current GBP | +0.7% |
| 2005 | 450.38 million current GBP | +17.3% |
| 2006 | 487.90 million current GBP | +8.3% |
| 2007 | 597.77 million current GBP | +22.5% |
| 2008 | 684.49 million current GBP | +14.5% |
| 2009 | 811.87 million current GBP | +18.6% |
| 2010 | 1.03 billion current GBP | +26.4% |
| 2011 | 1.14 billion current GBP | +10.7% |
| 2012 | 1.15 billion current GBP | +1.6% |
| 2013 | 1.15 billion current GBP | -0.4% |
| 2014 | 1.19 billion current GBP | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 120.77 million current GBP | 58.37 million current GBP | 168.65 million current GBP | 10 |
| 1990s | 189.23 million current GBP | 141.78 million current GBP | 258.99 million current GBP | 10 |
| 2000s | 477.67 million current GBP | 290.25 million current GBP | 811.87 million current GBP | 10 |
| 2010s | 1.13 billion current GBP | 1.03 billion current GBP | 1.19 billion current GBP | 5 |
Countries ranked near Bhutan
- 172 United States Virgin Islands 1.33 billion current GBP compare
- 173 Lesotho 1.33 billion current GBP compare
- 174 Liberia 1.22 billion current GBP compare
- 176 Cape Verde 1.14 billion current GBP compare
- 177 Belize 1.04 billion current GBP compare
- 178 San Marino 1.03 billion current GBP compare
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.25 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9734 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 4,116 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.69 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 81.44 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 344,353 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.857 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Bhutan?
- Gross domestic product (gdp) in Bhutan was 1.19 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Bhutan?
- The highest recorded value was 1.19 billion current GBP in 2014.
- What is the lowest gross domestic product (gdp) recorded in Bhutan?
- The lowest recorded value was 58.37 million current GBP in 1980.
- How does Bhutan rank for gross domestic product (gdp)?
- Bhutan ranks 175th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Bhutan?
- Over the last ten years it is up 210.2%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.