Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Bhutan
Bhutan: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 2.22 current LCU per US$ of GDP in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), per unit of GDP in Bhutan, 1980–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Bhutan recorded 2.22 current LCU per US$ of GDP for taxes less subsidies on products (current lcu), per unit of gdp in 2024.
The figure is down 4.2% on the previous year and down 49.7% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Bhutan peaked at 4.43 current LCU per US$ of GDP in 2014 and was at its lowest, 0.1391 current LCU per US$ of GDP, in 1980.
Bhutan ranks 83rd 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), per unit of GDP (unit) in Bhutan, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.1391 current LCU per US$ of GDP | — |
| 1981 | 0.1523 current LCU per US$ of GDP | +9.5% |
| 1982 | 0.1669 current LCU per US$ of GDP | +9.5% |
| 1983 | 0.2221 current LCU per US$ of GDP | +33.1% |
| 1984 | 0.2842 current LCU per US$ of GDP | +28.0% |
| 1985 | 0.256 current LCU per US$ of GDP | -9.9% |
| 1986 | 0.2249 current LCU per US$ of GDP | -12.2% |
| 1987 | 0.316 current LCU per US$ of GDP | +40.5% |
| 1988 | 0.3041 current LCU per US$ of GDP | -3.8% |
| 1989 | 0.2783 current LCU per US$ of GDP | -8.5% |
| 1990 | 0.4657 current LCU per US$ of GDP | +67.3% |
| 1991 | 0.6617 current LCU per US$ of GDP | +42.1% |
| 1992 | 0.7326 current LCU per US$ of GDP | +10.7% |
| 1993 | 0.8187 current LCU per US$ of GDP | +11.7% |
| 1994 | 1.36 current LCU per US$ of GDP | +65.6% |
| 1995 | 1.23 current LCU per US$ of GDP | -9.1% |
| 1996 | 1.18 current LCU per US$ of GDP | -4.0% |
| 1997 | 1.44 current LCU per US$ of GDP | +21.4% |
| 1998 | 1.5 current LCU per US$ of GDP | +4.6% |
| 1999 | 1.56 current LCU per US$ of GDP | +3.5% |
| 2000 | 1.31 current LCU per US$ of GDP | -16.1% |
| 2001 | 1.37 current LCU per US$ of GDP | +5.2% |
| 2002 | 2.07 current LCU per US$ of GDP | +50.5% |
| 2003 | 2 current LCU per US$ of GDP | -3.1% |
| 2004 | 2.34 current LCU per US$ of GDP | +16.7% |
| 2005 | 2.17 current LCU per US$ of GDP | -7.0% |
| 2006 | 2.01 current LCU per US$ of GDP | -7.4% |
| 2007 | 1.63 current LCU per US$ of GDP | -19.0% |
| 2008 | 1.74 current LCU per US$ of GDP | +6.6% |
| 2009 | 1.82 current LCU per US$ of GDP | +4.6% |
| 2010 | 2.4 current LCU per US$ of GDP | +32.3% |
| 2011 | 2.81 current LCU per US$ of GDP | +17.1% |
| 2012 | 4.18 current LCU per US$ of GDP | +48.5% |
| 2013 | 4.01 current LCU per US$ of GDP | -4.0% |
| 2014 | 4.43 current LCU per US$ of GDP | +10.3% |
| 2015 | 3.72 current LCU per US$ of GDP | -16.0% |
| 2016 | 4.13 current LCU per US$ of GDP | +11.2% |
| 2017 | 3.12 current LCU per US$ of GDP | -24.5% |
| 2018 | 3.81 current LCU per US$ of GDP | +22.1% |
| 2019 | 3.06 current LCU per US$ of GDP | -19.7% |
| 2020 | 1.87 current LCU per US$ of GDP | -38.9% |
| 2021 | 1.78 current LCU per US$ of GDP | -5.0% |
| 2022 | 1.81 current LCU per US$ of GDP | +2.1% |
| 2023 | 2.32 current LCU per US$ of GDP | +28.0% |
| 2024 | 2.22 current LCU per US$ of GDP | -4.2% |
Bhutan compared with similar countries
- Bhutan's 2.22 current LCU per US$ of GDP is below the median for lower middle income countries, which is 3.66 current LCU per US$ of GDP, 61% of the median. (46 countries reporting)
- Bhutan's 2.22 current LCU per US$ of GDP is below the median for South Asia, which is 5.49 current LCU per US$ of GDP, 41% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2344 current LCU per US$ of GDP | 0.1391 current LCU per US$ of GDP | 0.316 current LCU per US$ of GDP | 10 |
| 1990s | 1.09 current LCU per US$ of GDP | 0.4657 current LCU per US$ of GDP | 1.56 current LCU per US$ of GDP | 10 |
| 2000s | 1.85 current LCU per US$ of GDP | 1.31 current LCU per US$ of GDP | 2.34 current LCU per US$ of GDP | 10 |
| 2010s | 3.57 current LCU per US$ of GDP | 2.4 current LCU per US$ of GDP | 4.43 current LCU per US$ of GDP | 10 |
| 2020s | 2 current LCU per US$ of GDP | 1.78 current LCU per US$ of GDP | 2.32 current LCU per US$ of GDP | 5 |
Countries ranked near Bhutan
- 80 Suriname 2.43 current LCU per US$ of GDP compare
- 81 Lesotho, Kingdom of 2.28 current LCU per US$ of GDP compare
- 82 Seychelles 2.23 current LCU per US$ of GDP compare
- 84 Egypt, Arab Republic of 2.02 current LCU per US$ of GDP compare
- 85 Czechia 1.87 current LCU per US$ of GDP compare
- 86 South Africa 1.79 current LCU per US$ of GDP compare
More economy & growth data for Bhutan
- Real gdp growth, annual growth rate 24.04 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 45.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5765 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 32.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Bhutan?
- Taxes less subsidies on products (current lcu), per unit of gdp in Bhutan was 2.22 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Bhutan?
- The highest recorded value was 4.43 current LCU per US$ of GDP in 2014.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Bhutan?
- The lowest recorded value was 0.1391 current LCU per US$ of GDP in 1980.
- How does Bhutan rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Bhutan ranks 83rd out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Bhutan?
- Over the last ten years it is down 49.7%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.