Taxes less subsidies on products (current LCU), annual growth rate in Bhutan
Bhutan: Taxes less subsidies on products (current LCU), annual growth rate was 6.38 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Bhutan, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bhutan recorded 6.38 % change on previous year for taxes less subsidies on products (current lcu), annual growth rate in 2024.
The figure is down 80.7% on the previous year and down 65.6% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Bhutan peaked at 89.73 % change on previous year in 1994 and was at its lowest, -45.08 % change on previous year, in 2020.
Bhutan ranks 113th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 18.44 % change on previous year | — |
| 1982 | 11.32 % change on previous year | -38.6% |
| 1983 | 47.46 % change on previous year | +319.2% |
| 1984 | 31.03 % change on previous year | -34.6% |
| 1985 | -8.33 % change on previous year | -126.9% |
| 1986 | 2.87 % change on previous year | -134.4% |
| 1987 | 78.37 % change on previous year | +2630.0% |
| 1988 | 7.95 % change on previous year | -89.9% |
| 1989 | -10.99 % change on previous year | -238.2% |
| 1990 | 81.82 % change on previous year | -844.5% |
| 1991 | 18.66 % change on previous year | -77.2% |
| 1992 | 10.69 % change on previous year | -42.7% |
| 1993 | 5.11 % change on previous year | -52.2% |
| 1994 | 89.73 % change on previous year | +1654.7% |
| 1995 | 1.99 % change on previous year | -97.8% |
| 1996 | 0.2793 % change on previous year | -86.0% |
| 1997 | 40.95 % change on previous year | +14559.0% |
| 1998 | 7.91 % change on previous year | -80.7% |
| 1999 | 13.74 % change on previous year | +73.8% |
| 2000 | -3.16 % change on previous year | -123.0% |
| 2001 | 13.3 % change on previous year | -521.3% |
| 2002 | 69.73 % change on previous year | +424.2% |
| 2003 | 12.93 % change on previous year | -81.5% |
| 2004 | 31.6 % change on previous year | +144.5% |
| 2005 | 8.8 % change on previous year | -72.1% |
| 2006 | 1.49 % change on previous year | -83.1% |
| 2007 | 7.85 % change on previous year | +425.9% |
| 2008 | 11.83 % change on previous year | +50.7% |
| 2009 | 5.69 % change on previous year | -51.9% |
| 2010 | 69.81 % change on previous year | +1126.9% |
| 2011 | 35.48 % change on previous year | -49.2% |
| 2012 | 48.2 % change on previous year | +35.8% |
| 2013 | -5.47 % change on previous year | -111.3% |
| 2014 | 18.57 % change on previous year | -439.7% |
| 2015 | -12.07 % change on previous year | -165.0% |
| 2016 | 19.79 % change on previous year | -264.0% |
| 2017 | -16.96 % change on previous year | -185.7% |
| 2018 | 21.68 % change on previous year | -227.8% |
| 2019 | -14.93 % change on previous year | -168.9% |
| 2020 | -45.08 % change on previous year | +201.8% |
| 2021 | 6.98 % change on previous year | -115.5% |
| 2022 | 6.89 % change on previous year | -1.2% |
| 2023 | 33.11 % change on previous year | +380.6% |
| 2024 | 6.38 % change on previous year | -80.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 19.79 % change on previous year | -10.99 % change on previous year | 78.37 % change on previous year | 9 |
| 1990s | 27.09 % change on previous year | 0.2793 % change on previous year | 89.73 % change on previous year | 10 |
| 2000s | 16.01 % change on previous year | -3.16 % change on previous year | 69.73 % change on previous year | 10 |
| 2010s | 16.41 % change on previous year | -16.96 % change on previous year | 69.81 % change on previous year | 10 |
| 2020s | 1.66 % change on previous year | -45.08 % change on previous year | 33.11 % change on previous year | 5 |
Countries ranked near Bhutan
- 110 Georgia 6.63 % change on previous year compare
- 111 Niger 6.6 % change on previous year compare
- 112 Qatar 6.56 % change on previous year compare
- 114 Indonesia 6.35 % change on previous year compare
- 115 Guatemala 6.16 % change on previous year compare
- 116 Peru 6.03 % change on previous year 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)
- Final consumption expenditure (constant 2015 US$), per capita 2,359 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 3.44 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.16 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 4,920 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 4.78 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 97.37 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 411,678 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.09 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Bhutan?
- Taxes less subsidies on products (current lcu), annual growth rate in Bhutan was 6.38 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Bhutan?
- The highest recorded value was 89.73 % change on previous year in 1994.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Bhutan?
- The lowest recorded value was -45.08 % change on previous year in 2020.
- How does Bhutan rank for taxes less subsidies on products (current lcu), annual growth rate?
- Bhutan ranks 113th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Bhutan?
- Over the last ten years it is down 65.6%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.