Annual GDP growth in Bhutan

Bhutan: Annual GDP growth was 6.1% in 2024. ◆ Volatile

Latest (2024)
6.1%
Change on year
up 24.0%
World rank
25th
of 196 countries
All-time high
20.2%
in 1987
All-time low
-3.3%
in 2021
Years of data
45
1980–2024

Annual GDP growth in Bhutan, 1980–2024

-5051015201980200220241980: 5 %1981: 13.6 %1982: 8.2 %1983: 7.3 %1984: 7.6 %1985: 4.3 %1986: 8 %1987: 20.2 %1988: 15.1 %1989: 6.2 %1990: 9.1 %1991: 4.9 %1992: 2.1 %1993: 3.2 %1994: 2.2 %1995: 6 %1996: 6 %1997: 5.5 %1998: 6 %1999: 7.1 %2000: 6.9 %2001: 7 %2002: 9.5 %2003: 9 %2004: 6.4 %2005: 6.1 %2006: 6.3 %2007: 11 %2008: 9.9 %2009: 6.1 %2010: 10.3 %2011: 10.5 %2012: 6.8 %2013: 3.4 %2014: 3.8 %2015: 6.3 %2016: 7.6 %2017: 5.2 %2018: 2.8 %2019: 4.6 %2020: -2.5 %2021: -3.3 %2022: 4.8 %2023: 4.9 %2024: 6.1 %

Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.

Analysis

Bhutan recorded 6.1% for annual gdp growth in 2024.

That represents a change of up 24.0% on the previous year and up 59.3% over ten years.

Over the whole period, annual gdp growth in Bhutan peaked at 20.2% in 1987 and was at its lowest, -3.3%, in 2021.

That places Bhutan 25th out of 196 countries with data for 2024, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 9.6% 4.3% 20.2% 10
1990s 5.2% 2.1% 9.1% 10
2000s 7.8% 6.1% 11.0% 10
2010s 6.1% 2.8% 10.5% 10
2020s 2.0% -3.3% 6.1% 5

Countries ranked near Bhutan

  1. 22 Mauritania 6.3% compare
  2. 23 Togo 6.2% compare
  3. 24 Senegal 6.1% compare
  4. 26 Guinea 6.1% compare
  5. 27 Cambodia 6.0% compare
  6. 27 Cote d'Ivoire 6.0% compare

See the full ranking of 198 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is annual gdp growth in Bhutan?
Annual gdp growth in Bhutan was 6.1% in 2024, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
What is the highest annual gdp growth recorded in Bhutan?
The highest recorded value was 20.2% in 1987.
What is the lowest annual gdp growth recorded in Bhutan?
The lowest recorded value was -3.3% in 2021.
How does Bhutan rank for annual gdp growth?
Bhutan ranks 25th out of 196 countries with data for 2024.
Is annual gdp growth rising or falling in Bhutan?
Over the last ten years it is up 59.3%. The long-run trend across the full record is volatile.
Where does this Bhutan data come from?
The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.

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About this data

Indicator
Annual GDP growth
Unit
%
Source
International Monetary Fund (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 8,084 data points, 1980–2026
Last refreshed

Annual percent change in gross domestic product. This data is adjusted for inflation.