Taxes less subsidies on products (current US$), annual growth rate in Bhutan
Bhutan: Taxes less subsidies on products (current US$), annual growth rate was 5.02 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Bhutan, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, taxes less subsidies on products (current us$), annual growth rate in Bhutan stood at 5.02 % change on previous year.
Compared with earlier readings it is down 81.2% on the previous year and down 63.7% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Bhutan peaked at 84.41 % change on previous year in 1994 and was at its lowest, -47.81 % change on previous year, in 2020.
That places Bhutan 136th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 7.55 % change on previous year | — |
| 1982 | 1.94 % change on previous year | -74.3% |
| 1983 | 38.06 % change on previous year | +1859.7% |
| 1984 | 16.46 % change on previous year | -56.7% |
| 1985 | -15.79 % change on previous year | -195.9% |
| 1986 | 0.8963 % change on previous year | -105.7% |
| 1987 | 73.55 % change on previous year | +8105.6% |
| 1988 | 0.5408 % change on previous year | -99.3% |
| 1989 | -23.65 % change on previous year | -4474.1% |
| 1990 | 68.54 % change on previous year | -389.8% |
| 1991 | -8.68 % change on previous year | -112.7% |
| 1992 | -2.87 % change on previous year | -66.9% |
| 1993 | -10.66 % change on previous year | +271.2% |
| 1994 | 84.41 % change on previous year | -892.0% |
| 1995 | -1.32 % change on previous year | -101.6% |
| 1996 | -8.23 % change on previous year | +524.2% |
| 1997 | 37.53 % change on previous year | -556.1% |
| 1998 | -5.03 % change on previous year | -113.4% |
| 1999 | 8.99 % change on previous year | -278.8% |
| 2000 | -7.22 % change on previous year | -180.3% |
| 2001 | 7.91 % change on previous year | -209.5% |
| 2002 | 64.76 % change on previous year | +718.5% |
| 2003 | 17.84 % change on previous year | -72.5% |
| 2004 | 35.28 % change on previous year | +97.7% |
| 2005 | 11.81 % change on previous year | -66.5% |
| 2006 | -1.21 % change on previous year | -110.3% |
| 2007 | 18.17 % change on previous year | -1599.9% |
| 2008 | 6.28 % change on previous year | -65.4% |
| 2009 | -5.01 % change on previous year | -179.7% |
| 2010 | 79.76 % change on previous year | -1692.2% |
| 2011 | 32.74 % change on previous year | -58.9% |
| 2012 | 29.44 % change on previous year | -10.1% |
| 2013 | -13.79 % change on previous year | -146.9% |
| 2014 | 13.84 % change on previous year | -200.4% |
| 2015 | -16.35 % change on previous year | -218.1% |
| 2016 | 14.36 % change on previous year | -187.9% |
| 2017 | -14.31 % change on previous year | -199.6% |
| 2018 | 15.86 % change on previous year | -210.8% |
| 2019 | -17.39 % change on previous year | -209.6% |
| 2020 | -47.81 % change on previous year | +174.9% |
| 2021 | 7.24 % change on previous year | -115.1% |
| 2022 | 0.5171 % change on previous year | -92.9% |
| 2023 | 26.68 % change on previous year | +5059.3% |
| 2024 | 5.02 % change on previous year | -81.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.06 % change on previous year | -23.65 % change on previous year | 73.55 % change on previous year | 9 |
| 1990s | 16.27 % change on previous year | -10.66 % change on previous year | 84.41 % change on previous year | 10 |
| 2000s | 14.86 % change on previous year | -7.22 % change on previous year | 64.76 % change on previous year | 10 |
| 2010s | 12.42 % change on previous year | -17.39 % change on previous year | 79.76 % change on previous year | 10 |
| 2020s | -1.67 % change on previous year | -47.81 % change on previous year | 26.68 % change on previous year | 5 |
Countries ranked near Bhutan
- 133 Saint Kitts and Nevis 5.17 % change on previous year compare
- 134 Gambia 5.07 % change on previous year compare
- 135 Cambodia 5.04 % change on previous year compare
- 137 Chile 4.92 % change on previous year compare
- 138 Saint Lucia 4.71 % change on previous year compare
- 139 India 4.51 % 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)
- Exports of goods and services (current LCU), annual growth rate 24.83 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 26.35 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 111,416 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 19.33 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3023 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 1,278 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 4.95 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.4215 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Bhutan?
- Taxes less subsidies on products (current us$), annual growth rate in Bhutan was 5.02 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Bhutan?
- The highest recorded value was 84.41 % change on previous year in 1994.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Bhutan?
- The lowest recorded value was -47.81 % change on previous year in 2020.
- How does Bhutan rank for taxes less subsidies on products (current us$), annual growth rate?
- Bhutan ranks 136th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Bhutan?
- Over the last ten years it is down 63.7%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.