Taxes less subsidies on products (current US$), per unit of GDP (unit) in Bhutan
Bhutan: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.0266 current US$ per US$ of GDP in 2024. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Bhutan, 1980–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, taxes less subsidies on products (current us$), per unit of gdp in Bhutan stood at 0.0266 current US$ per US$ of GDP.
The figure is down 5.4% on the previous year and down 63.3% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Bhutan peaked at 0.0782 current US$ per US$ of GDP in 2012 and was at its lowest, 0.0172 current US$ per US$ of GDP, in 1989.
Bhutan ranks 174th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP (unit) in Bhutan, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0177 current US$ per US$ of GDP | — |
| 1981 | 0.0176 current US$ per US$ of GDP | -0.6% |
| 1982 | 0.0176 current US$ per US$ of GDP | +0.3% |
| 1983 | 0.022 current US$ per US$ of GDP | +24.6% |
| 1984 | 0.025 current US$ per US$ of GDP | +13.8% |
| 1985 | 0.0207 current US$ per US$ of GDP | -17.3% |
| 1986 | 0.0178 current US$ per US$ of GDP | -13.8% |
| 1987 | 0.0244 current US$ per US$ of GDP | +36.7% |
| 1988 | 0.0218 current US$ per US$ of GDP | -10.4% |
| 1989 | 0.0172 current US$ per US$ of GDP | -21.5% |
| 1990 | 0.0266 current US$ per US$ of GDP | +55.1% |
| 1991 | 0.0291 current US$ per US$ of GDP | +9.4% |
| 1992 | 0.0283 current US$ per US$ of GDP | -2.8% |
| 1993 | 0.0268 current US$ per US$ of GDP | -5.0% |
| 1994 | 0.0432 current US$ per US$ of GDP | +60.9% |
| 1995 | 0.038 current US$ per US$ of GDP | -12.0% |
| 1996 | 0.0334 current US$ per US$ of GDP | -12.1% |
| 1997 | 0.0396 current US$ per US$ of GDP | +18.5% |
| 1998 | 0.0364 current US$ per US$ of GDP | -8.0% |
| 1999 | 0.0361 current US$ per US$ of GDP | -0.8% |
| 2000 | 0.029 current US$ per US$ of GDP | -19.6% |
| 2001 | 0.0291 current US$ per US$ of GDP | +0.2% |
| 2002 | 0.0425 current US$ per US$ of GDP | +46.1% |
| 2003 | 0.043 current US$ per US$ of GDP | +1.1% |
| 2004 | 0.0516 current US$ per US$ of GDP | +19.9% |
| 2005 | 0.0493 current US$ per US$ of GDP | -4.4% |
| 2006 | 0.0444 current US$ per US$ of GDP | -9.9% |
| 2007 | 0.0394 current US$ per US$ of GDP | -11.3% |
| 2008 | 0.0399 current US$ per US$ of GDP | +1.3% |
| 2009 | 0.0375 current US$ per US$ of GDP | -6.0% |
| 2010 | 0.0526 current US$ per US$ of GDP | +40.0% |
| 2011 | 0.0603 current US$ per US$ of GDP | +14.7% |
| 2012 | 0.0782 current US$ per US$ of GDP | +29.7% |
| 2013 | 0.0685 current US$ per US$ of GDP | -12.5% |
| 2014 | 0.0725 current US$ per US$ of GDP | +5.9% |
| 2015 | 0.0579 current US$ per US$ of GDP | -20.1% |
| 2016 | 0.0615 current US$ per US$ of GDP | +6.1% |
| 2017 | 0.0479 current US$ per US$ of GDP | -22.0% |
| 2018 | 0.0557 current US$ per US$ of GDP | +16.2% |
| 2019 | 0.0434 current US$ per US$ of GDP | -22.0% |
| 2020 | 0.0252 current US$ per US$ of GDP | -41.9% |
| 2021 | 0.024 current US$ per US$ of GDP | -4.8% |
| 2022 | 0.0231 current US$ per US$ of GDP | -4.0% |
| 2023 | 0.0281 current US$ per US$ of GDP | +21.9% |
| 2024 | 0.0266 current US$ per US$ of GDP | -5.4% |
Bhutan compared with similar countries
- Bhutan's 0.0266 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.069 current US$ per US$ of GDP, 39% of the median. (46 countries reporting)
- Bhutan's 0.0266 current US$ per US$ of GDP is below the median for South Asia, which is 0.1039 current US$ per US$ of GDP, 26% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0202 current US$ per US$ of GDP | 0.0172 current US$ per US$ of GDP | 0.025 current US$ per US$ of GDP | 10 |
| 1990s | 0.0338 current US$ per US$ of GDP | 0.0266 current US$ per US$ of GDP | 0.0432 current US$ per US$ of GDP | 10 |
| 2000s | 0.0406 current US$ per US$ of GDP | 0.029 current US$ per US$ of GDP | 0.0516 current US$ per US$ of GDP | 10 |
| 2010s | 0.0599 current US$ per US$ of GDP | 0.0434 current US$ per US$ of GDP | 0.0782 current US$ per US$ of GDP | 10 |
| 2020s | 0.0254 current US$ per US$ of GDP | 0.0231 current US$ per US$ of GDP | 0.0281 current US$ per US$ of GDP | 5 |
Countries ranked near Bhutan
- 171 Liberia 0.0283 current US$ per US$ of GDP compare
- 172 Turkmenistan 0.0279 current US$ per US$ of GDP compare
- 173 Eritrea 0.0278 current US$ per US$ of GDP compare
- 175 Hong Kong 0.0262 current US$ per US$ of GDP compare
- 176 Switzerland 0.0261 current US$ per US$ of GDP compare
- 177 Niger 0.026 current US$ 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 us$), per unit of gdp in Bhutan?
- Taxes less subsidies on products (current us$), per unit of gdp in Bhutan was 0.0266 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Bhutan?
- The highest recorded value was 0.0782 current US$ per US$ of GDP in 2012.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Bhutan?
- The lowest recorded value was 0.0172 current US$ per US$ of GDP in 1989.
- How does Bhutan rank for taxes less subsidies on products (current us$), per unit of gdp?
- Bhutan ranks 174th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Bhutan?
- Over the last ten years it is down 63.3%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.