Value Added Deflator (Manufacturing) — Value Standard Local Currency in Bhutan
Bhutan: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 203.8 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Bhutan, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for value added deflator (manufacturing) — value standard local currency in Bhutan is 203.8 SLC, measured in 2023.
Compared with earlier readings it is down 3.3% on the previous year and up 114.7% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Bhutan peaked at 210.86 SLC in 2022 and was at its lowest, 5.95 SLC, in 1970.
That places Bhutan 30th out of 194 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Bhutan, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 5.95 SLC | — |
| 1971 | 6.22 SLC | +4.5% |
| 1972 | 6.58 SLC | +5.8% |
| 1973 | 7.43 SLC | +13.0% |
| 1974 | 8.73 SLC | +17.5% |
| 1975 | 8.69 SLC | -0.6% |
| 1976 | 8.7 SLC | +0.1% |
| 1977 | 8.81 SLC | +1.3% |
| 1978 | 7.21 SLC | -18.2% |
| 1979 | 7.78 SLC | +7.9% |
| 1980 | 9.39 SLC | +20.7% |
| 1981 | 9.04 SLC | -3.6% |
| 1982 | 11.42 SLC | +26.2% |
| 1983 | 13.58 SLC | +19.0% |
| 1984 | 15.31 SLC | +12.7% |
| 1985 | 16.73 SLC | +9.3% |
| 1986 | 18.09 SLC | +8.1% |
| 1987 | 16.93 SLC | -6.4% |
| 1988 | 18.61 SLC | +9.9% |
| 1989 | 19.61 SLC | +5.4% |
| 1990 | 24.49 SLC | +24.9% |
| 1991 | 30.39 SLC | +24.1% |
| 1992 | 34.37 SLC | +13.1% |
| 1993 | 37.5 SLC | +9.1% |
| 1994 | 37.78 SLC | +0.8% |
| 1995 | 40.31 SLC | +6.7% |
| 1996 | 44.92 SLC | +11.4% |
| 1997 | 43.52 SLC | -3.1% |
| 1998 | 47.72 SLC | +9.6% |
| 1999 | 49.45 SLC | +3.6% |
| 2000 | 50.49 SLC | +2.1% |
| 2001 | 52.15 SLC | +3.3% |
| 2002 | 52.7 SLC | +1.1% |
| 2003 | 53.5 SLC | +1.5% |
| 2004 | 56.42 SLC | +5.5% |
| 2005 | 58.62 SLC | +3.9% |
| 2006 | 63.37 SLC | +8.1% |
| 2007 | 65.98 SLC | +4.1% |
| 2008 | 69.25 SLC | +5.0% |
| 2009 | 70.77 SLC | +2.2% |
| 2010 | 74.22 SLC | +4.9% |
| 2011 | 77.06 SLC | +3.8% |
| 2012 | 88.33 SLC | +14.6% |
| 2013 | 94.91 SLC | +7.4% |
| 2014 | 96.11 SLC | +1.3% |
| 2015 | 100 SLC | +4.0% |
| 2016 | 102.65 SLC | +2.7% |
| 2017 | 104.2 SLC | +1.5% |
| 2018 | 134.48 SLC | +29.1% |
| 2019 | 105.42 SLC | -21.6% |
| 2020 | 105.86 SLC | +0.4% |
| 2021 | 167.36 SLC | +58.1% |
| 2022 | 210.86 SLC | +26.0% |
| 2023 | 203.8 SLC | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.61 SLC | 5.95 SLC | 8.81 SLC | 10 |
| 1980s | 14.87 SLC | 9.04 SLC | 19.61 SLC | 10 |
| 1990s | 39.05 SLC | 24.49 SLC | 49.45 SLC | 10 |
| 2000s | 59.33 SLC | 50.49 SLC | 70.77 SLC | 10 |
| 2010s | 97.74 SLC | 74.22 SLC | 134.48 SLC | 10 |
| 2020s | 171.97 SLC | 105.86 SLC | 210.86 SLC | 4 |
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)
- Gross domestic savings (current US$), annual growth rate 43.48 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.2623 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 1,109 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate 45.34 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 21.95 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 92,786 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 10.88 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9591 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Bhutan?
- Value added deflator (manufacturing) — value standard local currency in Bhutan was 203.8 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Bhutan?
- The highest recorded value was 210.86 SLC in 2022.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Bhutan?
- The lowest recorded value was 5.95 SLC in 1970.
- How does Bhutan rank for value added deflator (manufacturing) — value standard local currency?
- Bhutan ranks 30th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Bhutan?
- Over the last ten years it is up 114.7%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).