Value Added (Total Manufacturing) — Value Standard Local Currency in Bhutan
Bhutan: Value Added (Total Manufacturing) — Value Standard Local Currency was 9,846 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Bhutan, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Bhutan stood at 9,846 million SLC.
The figure is up 4.4% on the previous year and up 9.4% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Bhutan peaked at 11,492 million SLC in 2018 and was at its lowest, 311.88 million SLC, in 1980.
That places Bhutan 126th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Bhutan, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 325.36 million SLC | — |
| 1971 | 332.94 million SLC | +2.3% |
| 1972 | 337.38 million SLC | +1.3% |
| 1973 | 344.67 million SLC | +2.2% |
| 1974 | 355.73 million SLC | +3.2% |
| 1975 | 349.81 million SLC | -1.7% |
| 1976 | 389.63 million SLC | +11.4% |
| 1977 | 381.46 million SLC | -2.1% |
| 1978 | 462.64 million SLC | +21.3% |
| 1979 | 502.85 million SLC | +8.7% |
| 1980 | 311.88 million SLC | -38.0% |
| 1981 | 766.07 million SLC | +145.6% |
| 1982 | 666.65 million SLC | -13.0% |
| 1983 | 754.37 million SLC | +13.2% |
| 1984 | 777.76 million SLC | +3.1% |
| 1985 | 723.18 million SLC | -7.0% |
| 1986 | 695.89 million SLC | -3.8% |
| 1987 | 1,072 million SLC | +54.1% |
| 1988 | 1,101 million SLC | +2.7% |
| 1989 | 1,657 million SLC | +50.4% |
| 1990 | 1,610 million SLC | -2.9% |
| 1991 | 1,554 million SLC | -3.4% |
| 1992 | 1,621 million SLC | +4.3% |
| 1993 | 1,652 million SLC | +1.9% |
| 1994 | 1,994 million SLC | +20.7% |
| 1995 | 2,452 million SLC | +23.0% |
| 1996 | 2,735 million SLC | +11.5% |
| 1997 | 2,942 million SLC | +7.6% |
| 1998 | 2,909 million SLC | -1.1% |
| 1999 | 3,023 million SLC | +3.9% |
| 2000 | 3,120 million SLC | +3.2% |
| 2001 | 3,509 million SLC | +12.5% |
| 2002 | 3,576 million SLC | +1.9% |
| 2003 | 3,792 million SLC | +6.0% |
| 2004 | 3,961 million SLC | +4.5% |
| 2005 | 4,268 million SLC | +7.8% |
| 2006 | 4,759 million SLC | +11.5% |
| 2007 | 5,950 million SLC | +25.0% |
| 2008 | 6,456 million SLC | +8.5% |
| 2009 | 6,900 million SLC | +6.9% |
| 2010 | 8,293 million SLC | +20.2% |
| 2011 | 8,898 million SLC | +7.3% |
| 2012 | 9,502 million SLC | +6.8% |
| 2013 | 9,003 million SLC | -5.3% |
| 2014 | 9,828 million SLC | +9.2% |
| 2015 | 10,262 million SLC | +4.4% |
| 2016 | 10,511 million SLC | +2.4% |
| 2017 | 11,190 million SLC | +6.5% |
| 2018 | 11,492 million SLC | +2.7% |
| 2019 | 11,204 million SLC | -2.5% |
| 2020 | 8,480 million SLC | -24.3% |
| 2021 | 8,835 million SLC | +4.2% |
| 2022 | 9,429 million SLC | +6.7% |
| 2023 | 9,846 million SLC | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 378.25 million SLC | 325.36 million SLC | 502.85 million SLC | 10 |
| 1980s | 852.62 million SLC | 311.88 million SLC | 1,657 million SLC | 10 |
| 1990s | 2,249 million SLC | 1,554 million SLC | 3,023 million SLC | 10 |
| 2000s | 4,629 million SLC | 3,120 million SLC | 6,900 million SLC | 10 |
| 2010s | 10,018 million SLC | 8,293 million SLC | 11,492 million SLC | 10 |
| 2020s | 9,147 million SLC | 8,480 million SLC | 9,846 million 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)
- GNI (current LCU), annual growth rate 11.68 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 82.39 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 370,164 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -14.72 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual -16.2 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 5.02 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0266 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 112.4 current US$ per person (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Bhutan?
- Value added (total manufacturing) — value standard local currency in Bhutan was 9,846 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Bhutan?
- The highest recorded value was 11,492 million SLC in 2018.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Bhutan?
- The lowest recorded value was 311.88 million SLC in 1980.
- How does Bhutan rank for value added (total manufacturing) — value standard local currency?
- Bhutan ranks 126th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Bhutan?
- Over the last ten years it is up 9.4%. 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) — Value Standard Local Currency, 2015 prices. 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).