Value Added (Total Manufacturing) — Annual growth Standard Local in Bhutan
Bhutan: Value Added (Total Manufacturing) — Annual growth Standard Local was 0.9248 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Annual growth Standard Local in Bhutan, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2023, value added (total manufacturing) — annual growth standard local in Bhutan stood at 0.9248 %.
That represents a change of down 97.3% on the previous year and down 48.7% over ten years.
Over the whole period, value added (total manufacturing) — annual growth standard local in Bhutan peaked at 136.67 % in 1981 and was at its lowest, -25.17 %, in 1980.
That places Bhutan 154th out of 202 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Annual growth Standard Local in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 6.96 % | — |
| 1972 | 7.23 % | +3.9% |
| 1973 | 15.43 % | +113.4% |
| 1974 | 21.28 % | +37.9% |
| 1975 | -2.21 % | -110.4% |
| 1976 | 11.54 % | -623.2% |
| 1977 | -0.8101 % | -107.0% |
| 1978 | -0.738 % | -8.9% |
| 1979 | 17.22 % | -2433.9% |
| 1980 | -25.17 % | -246.1% |
| 1981 | 136.67 % | -643.0% |
| 1982 | 9.86 % | -92.8% |
| 1983 | 34.62 % | +251.1% |
| 1984 | 16.19 % | -53.2% |
| 1985 | 1.64 % | -89.9% |
| 1986 | 4.03 % | +146.0% |
| 1987 | 44.19 % | +995.8% |
| 1988 | 12.9 % | -70.8% |
| 1989 | 58.57 % | +353.9% |
| 1990 | 21.32 % | -63.6% |
| 1991 | 19.8 % | -7.1% |
| 1992 | 17.98 % | -9.2% |
| 1993 | 11.21 % | -37.6% |
| 1994 | 21.57 % | +92.5% |
| 1995 | 31.22 % | +44.7% |
| 1996 | 24.28 % | -22.2% |
| 1997 | 4.22 % | -82.6% |
| 1998 | 8.43 % | +99.9% |
| 1999 | 7.66 % | -9.2% |
| 2000 | 5.42 % | -29.2% |
| 2001 | 16.16 % | +198.1% |
| 2002 | 2.97 % | -81.6% |
| 2003 | 7.63 % | +156.8% |
| 2004 | 10.17 % | +33.2% |
| 2005 | 11.97 % | +17.7% |
| 2006 | 20.5 % | +71.3% |
| 2007 | 30.19 % | +47.3% |
| 2008 | 13.89 % | -54.0% |
| 2009 | 9.23 % | -33.6% |
| 2010 | 26.05 % | +182.3% |
| 2011 | 11.4 % | -56.3% |
| 2012 | 22.4 % | +96.6% |
| 2013 | 1.8 % | -91.9% |
| 2014 | 10.55 % | +485.1% |
| 2015 | 8.64 % | -18.1% |
| 2016 | 5.14 % | -40.5% |
| 2017 | 8.07 % | +57.1% |
| 2018 | 32.54 % | +303.2% |
| 2019 | -23.57 % | -172.4% |
| 2020 | -24 % | +1.8% |
| 2021 | 64.71 % | -369.6% |
| 2022 | 34.47 % | -46.7% |
| 2023 | 0.9248 % | -97.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.43 % | -2.21 % | 21.28 % | 9 |
| 1980s | 29.35 % | -25.17 % | 136.67 % | 10 |
| 1990s | 16.77 % | 4.22 % | 31.22 % | 10 |
| 2000s | 12.81 % | 2.97 % | 30.19 % | 10 |
| 2010s | 10.3 % | -23.57 % | 32.54 % | 10 |
| 2020s | 19.03 % | -24 % | 64.71 % | 4 |
Countries ranked near Bhutan
- 151 Bosnia and Herzegovina 1.14 % compare
- 152 China, mainland 1.08 % compare
- 153 Bermuda 0.9384 % compare
- 155 Gabon 0.7919 % compare
- 156 Azerbaijan 0.4182 % compare
- 157 Dominican Republic 0.389 % 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)
- Services, value added (current US$), annual growth rate 10.35 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5316 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,388 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 14.96 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 46.33 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 208,162 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 12.45 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5315 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — annual growth standard local in Bhutan?
- Value added (total manufacturing) — annual growth standard local in Bhutan was 0.9248 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — annual growth standard local recorded in Bhutan?
- The highest recorded value was 136.67 % in 1981.
- What is the lowest value added (total manufacturing) — annual growth standard local recorded in Bhutan?
- The lowest recorded value was -25.17 % in 1980.
- How does Bhutan rank for value added (total manufacturing) — annual growth standard local?
- Bhutan ranks 154th out of 202 countries with data for 2023.
- Is value added (total manufacturing) — annual growth standard local rising or falling in Bhutan?
- Over the last ten years it is down 48.7%. 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 (Total Manufacturing) — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).