Services, value added in Bhutan

Bhutan: Services, value added was 12.4% in 2025. ◆ Volatile

Latest (2025)
12.4%
Change on year
up 41.4%
World rank
4th
of 198 countries
All-time high
32.6%
in 1990
All-time low
-7.6%
in 2020
Years of data
45
1981–2025

Services, value added in Bhutan, 1981–2025

-1001020301981200320251981: 4 annual % growth1982: -2.1 annual % growth1983: 2.5 annual % growth1984: 3.7 annual % growth1985: 17.4 annual % growth1986: 14.1 annual % growth1987: 14 annual % growth1988: 10.1 annual % growth1989: 9.6 annual % growth1990: 32.6 annual % growth1991: 1.7 annual % growth1992: -0.218 annual % growth1993: 5.8 annual % growth1994: 2.4 annual % growth1995: 5.2 annual % growth1996: 13.3 annual % growth1997: 11.4 annual % growth1998: 11.2 annual % growth1999: 6.7 annual % growth2000: 12.1 annual % growth2001: 3.6 annual % growth2002: 6.1 annual % growth2003: 10.6 annual % growth2004: 7.2 annual % growth2005: 14 annual % growth2006: 6.5 annual % growth2007: 6.8 annual % growth2008: 5.2 annual % growth2009: 14.7 annual % growth2010: 11.5 annual % growth2011: 12.8 annual % growth2012: -0.147 annual % growth2013: 1.3 annual % growth2014: 7.5 annual % growth2015: 9.4 annual % growth2016: 9.8 annual % growth2017: 4.7 annual % growth2018: 8.9 annual % growth2019: 15.3 annual % growth2020: -7.6 annual % growth2021: 5.8 annual % growth2022: 6.8 annual % growth2023: 7.9 annual % growth2024: 8.8 annual % growth2025: 12.4 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

The most recent figure for services, value added in Bhutan is 12.4%, measured in 2025.

Compared with earlier readings it is up 41.4% on the previous year and up 33.0% over ten years.

Over the whole period, services, value added in Bhutan peaked at 32.6% in 1990 and was at its lowest, -7.6%, in 2020.

Bhutan ranks 4th of 198 countries on this measure, in the top 10%.

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

Services, value added in Bhutan, year by year

Annual values for Services, value added (annual % growth) in Bhutan, 1981 to 2025.
Year annual % growth Change
1981 4.0%
1982 -2.1% -153.1%
1983 2.5% -217.8%
1984 3.7% +47.3%
1985 17.4% +372.8%
1986 14.1% -18.9%
1987 14.0% -0.5%
1988 10.1% -28.0%
1989 9.6% -4.8%
1990 32.6% +238.4%
1991 1.7% -94.7%
1992 -0.2% -112.5%
1993 5.8% -2780.4%
1994 2.4% -58.6%
1995 5.2% +113.0%
1996 13.3% +157.1%
1997 11.4% -14.2%
1998 11.2% -1.8%
1999 6.7% -39.9%
2000 12.1% +79.6%
2001 3.6% -70.2%
2002 6.1% +69.7%
2003 10.6% +73.8%
2004 7.2% -32.1%
2005 14.0% +94.0%
2006 6.5% -53.2%
2007 6.8% +4.5%
2008 5.2% -24.5%
2009 14.7% +184.4%
2010 11.5% -21.8%
2011 12.8% +11.6%
2012 -0.1% -101.1%
2013 1.3% -989.4%
2014 7.5% +474.7%
2015 9.4% +24.4%
2016 9.8% +4.3%
2017 4.7% -51.8%
2018 8.9% +88.4%
2019 15.3% +72.3%
2020 -7.6% -150.0%
2021 5.8% -175.9%
2022 6.8% +17.7%
2023 7.9% +16.2%
2024 8.8% +11.1%
2025 12.4% +41.4%

Bhutan compared with similar countries

  • Bhutan's 12.4% is above the median for lower middle income countries, which is 4.5%, 2.8× the median. (47 countries reporting)
  • Bhutan's 12.4% is above the median for South Asia, which is 4.5%, 2.8× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Services, 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
1993 +2780.4% -0.2% 5.8%
2013 +989.4% -0.1% 1.3%

Averages by decade

DecadeAverage LowestHighest Years
1980s 8.2% -2.1% 17.4% 9
1990s 9.0% -0.2% 32.6% 10
2000s 8.7% 3.6% 14.7% 10
2010s 8.1% -0.1% 15.3% 10
2020s 5.7% -7.6% 12.4% 6

Countries ranked near Bhutan

  1. 1 Togo 32.3% compare
  2. 2 Turkmenistan 30.2% compare
  3. 3 Tajikistan 17.2% compare
  4. 5 Kyrgyzstan 10.9% compare
  5. 6 Georgia 10.6% compare
  6. 7 South Sudan 10.4% compare

See the full ranking of 242 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is services, value added in Bhutan?
Services, value added in Bhutan was 12.4% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Bhutan?
The highest recorded value was 32.6% in 1990.
What is the lowest services, value added recorded in Bhutan?
The lowest recorded value was -7.6% in 2020.
How does Bhutan rank for services, value added?
Bhutan ranks 4th out of 198 countries with data for 2025.
Is services, value added rising or falling in Bhutan?
Over the last ten years it is up 33.0%. 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 Services, value added (annual % growth). Statizoid updates them automatically from the source API.

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Services, value added in Bhutan. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/services-value-added-annual-percent-growth/bhutan/

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About this data

Indicator
Services, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 9,649 data points, 1961–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.