Value Added (Total Manufacturing) — Value Standard Local Currency in Bhutan
Bhutan: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.925 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Bhutan, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bhutan recorded 0.925 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.
Compared with earlier readings it is down 97.3% on the previous year and down 48.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Bhutan peaked at 136.67 % change on previous year in 1981 and was at its lowest, -25.17 % change on previous year, in 1980.
Bhutan ranks 178th of 231 countries on this measure, in the bottom quarter.
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 | % change on previous year | Change |
|---|---|---|
| 1971 | 6.96 % change on previous year | — |
| 1972 | 7.23 % change on previous year | +3.9% |
| 1973 | 15.43 % change on previous year | +113.4% |
| 1974 | 21.28 % change on previous year | +37.9% |
| 1975 | -2.21 % change on previous year | -110.4% |
| 1976 | 11.54 % change on previous year | -623.2% |
| 1977 | -0.8099 % change on previous year | -107.0% |
| 1978 | -0.738 % change on previous year | -8.9% |
| 1979 | 17.22 % change on previous year | -2433.9% |
| 1980 | -25.17 % change on previous year | -246.1% |
| 1981 | 136.67 % change on previous year | -643.0% |
| 1982 | 9.86 % change on previous year | -92.8% |
| 1983 | 34.62 % change on previous year | +251.1% |
| 1984 | 16.19 % change on previous year | -53.2% |
| 1985 | 1.64 % change on previous year | -89.9% |
| 1986 | 4.03 % change on previous year | +146.0% |
| 1987 | 44.19 % change on previous year | +995.8% |
| 1988 | 12.9 % change on previous year | -70.8% |
| 1989 | 58.57 % change on previous year | +353.9% |
| 1990 | 21.32 % change on previous year | -63.6% |
| 1991 | 19.8 % change on previous year | -7.1% |
| 1992 | 17.98 % change on previous year | -9.2% |
| 1993 | 11.21 % change on previous year | -37.6% |
| 1994 | 21.57 % change on previous year | +92.5% |
| 1995 | 31.22 % change on previous year | +44.7% |
| 1996 | 24.28 % change on previous year | -22.2% |
| 1997 | 4.22 % change on previous year | -82.6% |
| 1998 | 8.43 % change on previous year | +99.8% |
| 1999 | 7.66 % change on previous year | -9.2% |
| 2000 | 5.42 % change on previous year | -29.2% |
| 2001 | 16.16 % change on previous year | +198.1% |
| 2002 | 2.97 % change on previous year | -81.6% |
| 2003 | 7.63 % change on previous year | +156.8% |
| 2004 | 10.17 % change on previous year | +33.2% |
| 2005 | 11.97 % change on previous year | +17.7% |
| 2006 | 20.5 % change on previous year | +71.3% |
| 2007 | 30.19 % change on previous year | +47.3% |
| 2008 | 13.89 % change on previous year | -54.0% |
| 2009 | 9.23 % change on previous year | -33.6% |
| 2010 | 26.05 % change on previous year | +182.3% |
| 2011 | 11.4 % change on previous year | -56.3% |
| 2012 | 22.4 % change on previous year | +96.6% |
| 2013 | 1.8 % change on previous year | -91.9% |
| 2014 | 10.55 % change on previous year | +485.0% |
| 2015 | 8.64 % change on previous year | -18.1% |
| 2016 | 5.14 % change on previous year | -40.5% |
| 2017 | 8.07 % change on previous year | +57.0% |
| 2018 | 32.54 % change on previous year | +303.3% |
| 2019 | -23.57 % change on previous year | -172.4% |
| 2020 | -24 % change on previous year | +1.8% |
| 2021 | 64.71 % change on previous year | -369.6% |
| 2022 | 34.47 % change on previous year | -46.7% |
| 2023 | 0.925 % change on previous year | -97.3% |
Bhutan compared with similar countries
- Bhutan's 0.925 % change on previous year is below the median for lower middle income countries, which is 9.36 % change on previous year, 10% of the median. (44 countries reporting)
- Bhutan's 0.925 % change on previous year is below the median for South Asia, which is 5.28 % change on previous year, 18% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Bhutan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +2433.9% | -0.738 % change on previous year | 17.22 % change on previous year |
| 1987 | +995.8% | 4.03 % change on previous year | 44.19 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.43 % change on previous year | -2.21 % change on previous year | 21.28 % change on previous year | 9 |
| 1980s | 29.35 % change on previous year | -25.17 % change on previous year | 136.67 % change on previous year | 10 |
| 1990s | 16.77 % change on previous year | 4.22 % change on previous year | 31.22 % change on previous year | 10 |
| 2000s | 12.81 % change on previous year | 2.97 % change on previous year | 30.19 % change on previous year | 10 |
| 2010s | 10.3 % change on previous year | -23.57 % change on previous year | 32.54 % change on previous year | 10 |
| 2020s | 19.03 % change on previous year | -24 % change on previous year | 64.71 % change on previous year | 4 |
Countries ranked near Bhutan
- 175 Bosnia and Herzegovina 1.14 % change on previous year compare
- 176 China, mainland 1.08 % change on previous year compare
- 177 Bermuda 0.9383 % change on previous year compare
- 179 Gabon 0.7919 % change on previous year compare
- 180 Azerbaijan 0.4182 % change on previous year compare
- 181 Dominican Republic 0.3891 % change on previous year 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.82 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -72.36 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0008 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 26.59 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.3328 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,495 includes gold, current US$ per person (2025)
- Total reserves minus gold (current US$), annual growth rate 24.21 % change on previous year (2025)
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 0.925 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Bhutan?
- The highest recorded value was 136.67 % change on previous year in 1981.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Bhutan?
- The lowest recorded value was -25.17 % change on previous year in 1980.
- How does Bhutan rank for value added (total manufacturing) — value standard local currency?
- Bhutan ranks 178th out of 231 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 down 48.7%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.