Value Added (Total Manufacturing) — Value Standard Local Currency in Bhutan
Bhutan: Value Added (Total Manufacturing) — Value Standard Local Currency was 20,065 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 20,065 million SLC. That is the highest value across all 54 years on record.
The figure is up 0.9% on the previous year and up 134.8% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Bhutan peaked at 20,065 million SLC in 2023 and was at its lowest, 19.35 million SLC, in 1970.
Bhutan ranks 148th of 231 countries on this measure, 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 | 19.35 million SLC | — |
| 1971 | 20.7 million SLC | +7.0% |
| 1972 | 22.2 million SLC | +7.2% |
| 1973 | 25.62 million SLC | +15.4% |
| 1974 | 31.07 million SLC | +21.3% |
| 1975 | 30.39 million SLC | -2.2% |
| 1976 | 33.89 million SLC | +11.5% |
| 1977 | 33.62 million SLC | -0.8% |
| 1978 | 33.37 million SLC | -0.7% |
| 1979 | 39.12 million SLC | +17.2% |
| 1980 | 29.27 million SLC | -25.2% |
| 1981 | 69.28 million SLC | +136.7% |
| 1982 | 76.11 million SLC | +9.9% |
| 1983 | 102.46 million SLC | +34.6% |
| 1984 | 119.05 million SLC | +16.2% |
| 1985 | 121 million SLC | +1.6% |
| 1986 | 125.88 million SLC | +4.0% |
| 1987 | 181.5 million SLC | +44.2% |
| 1988 | 204.92 million SLC | +12.9% |
| 1989 | 324.94 million SLC | +58.6% |
| 1990 | 394.22 million SLC | +21.3% |
| 1991 | 472.29 million SLC | +19.8% |
| 1992 | 557.18 million SLC | +18.0% |
| 1993 | 619.63 million SLC | +11.2% |
| 1994 | 753.32 million SLC | +21.6% |
| 1995 | 988.49 million SLC | +31.2% |
| 1996 | 1,229 million SLC | +24.3% |
| 1997 | 1,280 million SLC | +4.2% |
| 1998 | 1,388 million SLC | +8.4% |
| 1999 | 1,495 million SLC | +7.7% |
| 2000 | 1,576 million SLC | +5.4% |
| 2001 | 1,830 million SLC | +16.2% |
| 2002 | 1,885 million SLC | +3.0% |
| 2003 | 2,029 million SLC | +7.6% |
| 2004 | 2,235 million SLC | +10.2% |
| 2005 | 2,502 million SLC | +12.0% |
| 2006 | 3,015 million SLC | +20.5% |
| 2007 | 3,926 million SLC | +30.2% |
| 2008 | 4,471 million SLC | +13.9% |
| 2009 | 4,883 million SLC | +9.2% |
| 2010 | 6,155 million SLC | +26.0% |
| 2011 | 6,857 million SLC | +11.4% |
| 2012 | 8,393 million SLC | +22.4% |
| 2013 | 8,544 million SLC | +1.8% |
| 2014 | 9,446 million SLC | +10.6% |
| 2015 | 10,262 million SLC | +8.6% |
| 2016 | 10,789 million SLC | +5.1% |
| 2017 | 11,660 million SLC | +8.1% |
| 2018 | 15,454 million SLC | +32.5% |
| 2019 | 11,812 million SLC | -23.6% |
| 2020 | 8,976 million SLC | -24.0% |
| 2021 | 14,785 million SLC | +64.7% |
| 2022 | 19,882 million SLC | +34.5% |
| 2023 | 20,065 million SLC | +0.9% |
Bhutan compared with similar countries
- Bhutan's 20,065 million SLC is below the median for lower middle income countries, which is 183,468 million SLC, 11% of the median. (44 countries reporting)
- Bhutan's 20,065 million SLC is below the median for South Asia, which is 2.60 million million SLC, 1% 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 |
|---|---|---|---|
| 1981 | +136.7% | 29.27 million SLC | 69.28 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.93 million SLC | 19.35 million SLC | 39.12 million SLC | 10 |
| 1980s | 135.44 million SLC | 29.27 million SLC | 324.94 million SLC | 10 |
| 1990s | 917.7 million SLC | 394.22 million SLC | 1,495 million SLC | 10 |
| 2000s | 2,835 million SLC | 1,576 million SLC | 4,883 million SLC | 10 |
| 2010s | 9,937 million SLC | 6,155 million SLC | 15,454 million SLC | 10 |
| 2020s | 15,927 million SLC | 8,976 million SLC | 20,065 million SLC | 4 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- Real gdp growth, annual growth rate 24.04 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 45.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5765 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 32.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % 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 20,065 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 20,065 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Bhutan?
- The lowest recorded value was 19.35 million SLC in 1970.
- How does Bhutan rank for value added (total manufacturing) — value standard local currency?
- Bhutan ranks 148th 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 up 134.8%. 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).