Total debt service in Bhutan
Bhutan: Total debt service was 5.1% in 2024. ◆ Volatile
Total debt service in Bhutan, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Bhutan stood at 5.1%.
The figure is up 3.1% on the previous year and up 11.8% over ten years.
Over the whole period, total debt service in Bhutan peaked at 7.6% in 2012 and was at its lowest, 0.0%, in 1981.
Bhutan ranks 51st of 122 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.
Total debt service in Bhutan, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 0.0% | — |
| 1982 | 0.0% | +41.2% |
| 1983 | 0.0% | +86.5% |
| 1984 | 0.0% | +351.7% |
| 1985 | 0.0% | -14.6% |
| 1986 | 0.1% | +345.1% |
| 1987 | 0.2% | +147.0% |
| 1988 | 0.5% | +118.7% |
| 1989 | 2.6% | +385.6% |
| 1990 | 1.9% | -25.3% |
| 1991 | 3.3% | +71.1% |
| 1992 | 2.8% | -16.0% |
| 1993 | 3.5% | +26.9% |
| 1994 | 3.2% | -10.6% |
| 1995 | 3.9% | +22.8% |
| 1996 | 2.6% | -33.3% |
| 1997 | 2.2% | -13.0% |
| 1998 | 3.0% | +33.1% |
| 1999 | 2.2% | -25.0% |
| 2000 | 1.5% | -31.8% |
| 2001 | 1.3% | -14.6% |
| 2002 | 1.2% | -8.1% |
| 2003 | 1.2% | -4.1% |
| 2004 | 1.7% | +47.3% |
| 2005 | 0.8% | -50.6% |
| 2006 | 1.1% | +35.7% |
| 2007 | 2.6% | +128.5% |
| 2008 | 6.4% | +145.0% |
| 2009 | 5.9% | -7.2% |
| 2010 | 5.4% | -8.5% |
| 2011 | 4.6% | -15.1% |
| 2012 | 7.6% | +66.3% |
| 2013 | 4.5% | -41.6% |
| 2014 | 4.6% | +2.8% |
| 2015 | 6.6% | +44.8% |
| 2016 | 5.4% | -18.6% |
| 2017 | 3.7% | -30.6% |
| 2018 | 4.0% | +6.0% |
| 2019 | 2.7% | -31.5% |
| 2020 | 3.1% | +13.5% |
| 2021 | 5.1% | +63.8% |
| 2022 | 4.8% | -4.8% |
| 2023 | 5.0% | +3.1% |
| 2024 | 5.1% | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.4% | 0.0% | 2.6% | 9 |
| 1990s | 2.9% | 1.9% | 3.9% | 10 |
| 2000s | 2.4% | 0.8% | 6.4% | 10 |
| 2010s | 4.9% | 2.7% | 7.6% | 10 |
| 2020s | 4.6% | 3.1% | 5.1% | 5 |
Countries ranked near Bhutan
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0662 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 279.81 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 5.54 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 23,412 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.045 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 190.27 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 12,720 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 11.98 % change on previous year (2025)
Frequently asked questions
- What is total debt service in Bhutan?
- Total debt service in Bhutan was 5.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Bhutan?
- The highest recorded value was 7.6% in 2012.
- What is the lowest total debt service recorded in Bhutan?
- The lowest recorded value was 0.0% in 1981.
- How does Bhutan rank for total debt service?
- Bhutan ranks 51st out of 122 countries with data for 2024.
- Is total debt service rising or falling in Bhutan?
- Over the last ten years it is up 11.8%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.