Terms of trade adjustment (constant LCU), annual growth rate in Bhutan
Bhutan: Terms of trade adjustment (constant LCU), annual growth rate was 29.57 % change on previous year in 2024. ◆ Volatile
Terms of trade adjustment (constant LCU), annual growth rate in Bhutan, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for terms of trade adjustment (constant lcu), annual growth rate in Bhutan is 29.57 % change on previous year, measured in 2024.
Compared with earlier readings it is up 139.3% on the previous year and down 72.4% over ten years.
Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Bhutan peaked at 107.05 % change on previous year in 2014 and was at its lowest, -282.29 % change on previous year, in 2022.
Bhutan ranks 62nd of 178 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.
Terms of trade adjustment (constant LCU), annual growth rate in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -16.04 % change on previous year | — |
| 1992 | -0.3797 % change on previous year | -97.6% |
| 1993 | 43.18 % change on previous year | -11472.9% |
| 1994 | -10.83 % change on previous year | -125.1% |
| 1995 | -47.99 % change on previous year | +343.2% |
| 1996 | -7.17 % change on previous year | -85.1% |
| 1997 | -19.93 % change on previous year | +177.9% |
| 1998 | -7.9 % change on previous year | -60.3% |
| 1999 | -9.04 % change on previous year | +14.4% |
| 2000 | -3.21 % change on previous year | -64.5% |
| 2001 | 1.24 % change on previous year | -138.5% |
| 2002 | -2.79 % change on previous year | -325.9% |
| 2003 | -16.14 % change on previous year | +478.3% |
| 2004 | -27.86 % change on previous year | +72.6% |
| 2005 | -34.32 % change on previous year | +23.2% |
| 2006 | -51.79 % change on previous year | +50.9% |
| 2007 | -15.56 % change on previous year | -70.0% |
| 2008 | 9.8 % change on previous year | -163.0% |
| 2009 | 2.4 % change on previous year | -75.6% |
| 2010 | -7.59 % change on previous year | -416.6% |
| 2011 | -3.2 % change on previous year | -57.8% |
| 2012 | 2.4 % change on previous year | -175.0% |
| 2013 | -3.87 % change on previous year | -261.3% |
| 2014 | 107.05 % change on previous year | -2864.7% |
| 2016 | -85.11 % change on previous year | -179.5% |
| 2017 | -100 % change on previous year | +17.5% |
| 2020 | 51.95 % change on previous year | -151.9% |
| 2021 | 32.59 % change on previous year | -37.3% |
| 2022 | -282.29 % change on previous year | -966.2% |
| 2023 | -75.28 % change on previous year | -73.3% |
| 2024 | 29.57 % change on previous year | -139.3% |
Bhutan compared with similar countries
- Bhutan's 29.57 % change on previous year is above the median for lower middle income countries, which is 9.41 % change on previous year, 3.1× the median. (45 countries reporting)
- Bhutan's 29.57 % change on previous year is above the median for South Asia, which is 16.93 % change on previous year, 1.7× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Terms of trade adjustment (constant LCU), annual growth rate 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.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +11472.9% | -0.3797 % change on previous year | 43.18 % change on previous year |
| 2014 | +2864.7% | -3.87 % change on previous year | 107.05 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -8.46 % change on previous year | -47.99 % change on previous year | 43.18 % change on previous year | 9 |
| 2000s | -13.82 % change on previous year | -51.79 % change on previous year | 9.8 % change on previous year | 10 |
| 2010s | -12.9 % change on previous year | -100 % change on previous year | 107.05 % change on previous year | 7 |
| 2020s | -48.69 % change on previous year | -282.29 % change on previous year | 51.95 % change on previous year | 5 |
Countries ranked near Bhutan
- 59 Portugal 37.56 % change on previous year compare
- 60 Uruguay 34.64 % change on previous year compare
- 61 Moldova 32.94 % change on previous year compare
- 63 France 28.92 % change on previous year compare
- 64 Lithuania 28.24 % change on previous year compare
- 65 Austria 26.91 % 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.82 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -72.36 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0008 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 26.59 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.3328 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,495 includes gold, current US$ per person (2025)
- Total reserves minus gold (current US$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is terms of trade adjustment (constant lcu), annual growth rate in Bhutan?
- Terms of trade adjustment (constant lcu), annual growth rate in Bhutan was 29.57 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Bhutan?
- The highest recorded value was 107.05 % change on previous year in 2014.
- What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Bhutan?
- The lowest recorded value was -282.29 % change on previous year in 2022.
- How does Bhutan rank for terms of trade adjustment (constant lcu), annual growth rate?
- Bhutan ranks 62nd out of 178 countries with data for 2024.
- Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Bhutan?
- Over the last ten years it is down 72.4%. 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 Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Terms of trade adjustment 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 Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.