Total reserves minus gold in Bhutan

Bhutan: Total reserves minus gold was 1.16 billion current US$ in 2025. ◆ Volatile

Latest (2025)
1.16 billion current US$
Change on year
up 24.2%
World rank
143rd
of 182 countries
All-time high
1.42 billion current US$
in 2020
All-time low
35.48 million current US$
in 1983
Years of data
43
1983–2025

Total reserves minus gold in Bhutan, 1983–2025

0500.0M1.0B1.5B1983200420251983: 35.5M current US$1984: 43.0M current US$1985: 53.3M current US$1986: 61.0M current US$1987: 86.9M current US$1988: 95.7M current US$1989: 90.0M current US$1990: 88.8M current US$1991: 101.3M current US$1992: 85.1M current US$1993: 98.0M current US$1994: 121.4M current US$1995: 130.5M current US$1996: 190.1M current US$1997: 188.7M current US$1998: 256.8M current US$1999: 292.3M current US$2000: 317.6M current US$2001: 323.4M current US$2002: 354.9M current US$2003: 366.6M current US$2004: 398.6M current US$2005: 467.4M current US$2006: 545.3M current US$2007: 699.0M current US$2008: 764.8M current US$2009: 890.9M current US$2010: 1.0B current US$2011: 789.6M current US$2012: 954.7M current US$2013: 991.3M current US$2014: 1.2B current US$2015: 1.1B current US$2016: 1.1B current US$2017: 1.2B current US$2018: 987.2M current US$2019: 1.2B current US$2020: 1.4B current US$2021: 1.0B current US$2022: 806.9M current US$2023: 647.9M current US$2024: 932.6M current US$2025: 1.2B current US$

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.

Analysis

The most recent figure for total reserves minus gold in Bhutan is 1.16 billion current US$, measured in 2025.

The figure is up 24.2% on the previous year and up 5.0% over ten years.

Over the whole period, total reserves minus gold in Bhutan peaked at 1.42 billion current US$ in 2020 and was at its lowest, 35.48 million current US$, in 1983.

Bhutan ranks 143rd of 182 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Total reserves minus gold in Bhutan, year by year

Annual values for Total reserves minus gold (current US$) in Bhutan, 1983 to 2025.
Year current US$ Change
1983 35.48 million current US$ —
1984 43.05 million current US$ +21.3%
1985 53.32 million current US$ +23.9%
1986 61.00 million current US$ +14.4%
1987 86.95 million current US$ +42.5%
1988 95.68 million current US$ +10.0%
1989 90.03 million current US$ -5.9%
1990 88.83 million current US$ -1.3%
1991 101.30 million current US$ +14.0%
1992 85.12 million current US$ -16.0%
1993 97.96 million current US$ +15.1%
1994 121.40 million current US$ +23.9%
1995 130.46 million current US$ +7.5%
1996 190.07 million current US$ +45.7%
1997 188.72 million current US$ -0.7%
1998 256.80 million current US$ +36.1%
1999 292.29 million current US$ +13.8%
2000 317.63 million current US$ +8.7%
2001 323.36 million current US$ +1.8%
2002 354.95 million current US$ +9.8%
2003 366.60 million current US$ +3.3%
2004 398.62 million current US$ +8.7%
2005 467.43 million current US$ +17.3%
2006 545.33 million current US$ +16.7%
2007 699.05 million current US$ +28.2%
2008 764.80 million current US$ +9.4%
2009 890.89 million current US$ +16.5%
2010 1.00 billion current US$ +12.5%
2011 789.64 million current US$ -21.2%
2012 954.68 million current US$ +20.9%
2013 991.31 million current US$ +3.8%
2014 1.25 billion current US$ +25.6%
2015 1.10 billion current US$ -11.4%
2016 1.13 billion current US$ +2.2%
2017 1.21 billion current US$ +7.0%
2018 987.25 million current US$ -18.2%
2019 1.23 billion current US$ +24.4%
2020 1.42 billion current US$ +15.9%
2021 1.01 billion current US$ -28.8%
2022 806.91 million current US$ -20.3%
2023 647.85 million current US$ -19.7%
2024 932.63 million current US$ +44.0%
2025 1.16 billion current US$ +24.2%

Bhutan compared with similar countries

  • Bhutan's 1.16 billion current US$ is below the median for lower middle income countries, which is 3.82 billion current US$, 30% of the median. (42 countries reporting)
  • Bhutan's 1.16 billion current US$ is below the median for South Asia, which is 13.02 billion current US$, 9% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 66.50 million current US$ 35.48 million current US$ 95.68 million current US$ 7
1990s 155.29 million current US$ 85.12 million current US$ 292.29 million current US$ 10
2000s 512.87 million current US$ 317.63 million current US$ 890.89 million current US$ 10
2010s 1.06 billion current US$ 789.64 million current US$ 1.25 billion current US$ 10
2020s 996.95 million current US$ 647.85 million current US$ 1.42 billion current US$ 6

Countries ranked near Bhutan

  1. 140 Guyana 1.36 billion current US$ compare
  2. 141 Cape Verde 1.26 billion current US$ compare
  3. 142 Yemen 1.25 billion current US$ compare
  4. 144 Equatorial Guinea 1.08 billion current US$ compare
  5. 145 Lesotho 1.01 billion current US$ compare
  6. 146 Cyprus 999.53 million current US$ compare

See the full ranking of 183 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is total reserves minus gold in Bhutan?
Total reserves minus gold in Bhutan was 1.16 billion current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest total reserves minus gold recorded in Bhutan?
The highest recorded value was 1.42 billion current US$ in 2020.
What is the lowest total reserves minus gold recorded in Bhutan?
The lowest recorded value was 35.48 million current US$ in 1983.
How does Bhutan rank for total reserves minus gold?
Bhutan ranks 143rd out of 182 countries with data for 2025.
Is total reserves minus gold rising or falling in Bhutan?
Over the last ten years it is up 5.0%. The long-run trend across the full record is volatile.
Where does this Bhutan data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves minus gold (current US$). Statizoid updates them automatically from the source API.

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Total reserves minus gold in Bhutan. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 27 September 2026, from https://economy.statizoid.com/stat/total-reserves-minus-gold-current-us/bhutan/

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About this data

Indicator
Total reserves minus gold (current US$)
Unit
current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 9,516 data points, 1960–2025
Last refreshed

This series includes external assets (excluding monetary gold) that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.