Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Bhutan

Bhutan: Value Added (Total Manufacturing) — Value US$, 2015 prices, annual was 4.42 % change on previous year in 2023. ◆ Volatile

Latest (2023)
4.42 % change on previous year
Change on year
down 34.3%
World rank
58th
of 236 countries
All-time high
145.63 % change on previous year
in 1981
All-time low
-37.98 % change on previous year
in 1980
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Bhutan, 1971–2023

-50050100150197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for value added (total manufacturing) — value us$, 2015 prices, annual in Bhutan is 4.42 % change on previous year, measured in 2023.

Compared with earlier readings it is down 34.3% on the previous year and up 184.1% over ten years.

Over the whole period, value added (total manufacturing) — value us$, 2015 prices, annual in Bhutan peaked at 145.63 % change on previous year in 1981 and was at its lowest, -37.98 % change on previous year, in 1980.

Bhutan ranks 58th of 236 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Bhutan, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, 2015 prices, annual growth rate in Bhutan, 1971 to 2023.
Year % change on previous year Change
1971 2.33 % change on previous year
1972 1.33 % change on previous year -42.9%
1973 2.16 % change on previous year +62.4%
1974 3.21 % change on previous year +48.4%
1975 -1.66 % change on previous year -151.9%
1976 11.38 % change on previous year -784.2%
1977 -2.1 % change on previous year -118.4%
1978 21.28 % change on previous year -1114.3%
1979 8.69 % change on previous year -59.2%
1980 -37.98 % change on previous year -537.0%
1981 145.63 % change on previous year -483.5%
1982 -12.98 % change on previous year -108.9%
1983 13.16 % change on previous year -201.4%
1984 3.1 % change on previous year -76.4%
1985 -7.02 % change on previous year -326.3%
1986 -3.77 % change on previous year -46.2%
1987 54.06 % change on previous year -1532.6%
1988 2.73 % change on previous year -95.0%
1989 50.44 % change on previous year +1749.9%
1990 -2.85 % change on previous year -105.7%
1991 -3.44 % change on previous year +20.7%
1992 4.29 % change on previous year -224.8%
1993 1.93 % change on previous year -55.0%
1994 20.67 % change on previous year +970.2%
1995 22.98 % change on previous year +11.2%
1996 11.54 % change on previous year -49.8%
1997 7.57 % change on previous year -34.4%
1998 -1.1 % change on previous year -114.5%
1999 3.89 % change on previous year -454.1%
2000 3.23 % change on previous year -16.9%
2001 12.47 % change on previous year +285.5%
2002 1.9 % change on previous year -84.8%
2003 6.04 % change on previous year +217.8%
2004 4.46 % change on previous year -26.1%
2005 7.75 % change on previous year +73.9%
2006 11.48 % change on previous year +48.1%
2007 25.04 % change on previous year +118.0%
2008 8.51 % change on previous year -66.0%
2009 6.88 % change on previous year -19.1%
2010 20.18 % change on previous year +193.4%
2011 7.3 % change on previous year -63.8%
2012 6.79 % change on previous year -7.0%
2013 -5.25 % change on previous year -177.4%
2014 9.17 % change on previous year -274.5%
2015 4.41 % change on previous year -51.8%
2016 2.42 % change on previous year -45.1%
2017 6.46 % change on previous year +166.5%
2018 2.7 % change on previous year -58.2%
2019 -2.5 % change on previous year -192.7%
2020 -24.32 % change on previous year +871.2%
2021 4.19 % change on previous year -117.2%
2022 6.73 % change on previous year +60.6%
2023 4.42 % change on previous year -34.3%

Bhutan compared with similar countries

  • Bhutan's 4.42 % change on previous year is above the median for lower middle income countries, which is 2.07 % change on previous year, 2.1× the median. (44 countries reporting)
  • Bhutan's 4.42 % change on previous year is above the median for South Asia, which is 3.19 % change on previous year, 1.4× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, 2015 prices, annual 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.

YearChange FromTo
1989 +1749.9% 2.73 % change on previous year 50.44 % change on previous year
1987 +1532.6% -3.77 % change on previous year 54.06 % change on previous year
1978 +1114.3% -2.1 % change on previous year 21.28 % change on previous year
1994 +970.2% 1.93 % change on previous year 20.67 % change on previous year
2020 -871.2% -2.5 % change on previous year -24.32 % change on previous year
1976 +784.2% -1.66 % change on previous year 11.38 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.18 % change on previous year -2.1 % change on previous year 21.28 % change on previous year 9
1980s 20.74 % change on previous year -37.98 % change on previous year 145.63 % change on previous year 10
1990s 6.55 % change on previous year -3.44 % change on previous year 22.98 % change on previous year 10
2000s 8.78 % change on previous year 1.9 % change on previous year 25.04 % change on previous year 10
2010s 5.17 % change on previous year -5.25 % change on previous year 20.18 % change on previous year 10
2020s -2.25 % change on previous year -24.32 % change on previous year 6.73 % change on previous year 4

Countries ranked near Bhutan

  1. 55 Bahamas 4.81 % change on previous year compare
  2. 56 Indonesia 4.64 % change on previous year compare
  3. 57 Anguilla 4.46 % change on previous year compare
  4. 59 Malawi 4.36 % change on previous year compare
  5. 60 United Republic of Tanzania 4.35 % change on previous year compare
  6. 61 China, mainland 4.23 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is value added (total manufacturing) — value us$, 2015 prices, annual in Bhutan?
Value added (total manufacturing) — value us$, 2015 prices, annual in Bhutan was 4.42 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, 2015 prices, annual recorded in Bhutan?
The highest recorded value was 145.63 % change on previous year in 1981.
What is the lowest value added (total manufacturing) — value us$, 2015 prices, annual recorded in Bhutan?
The lowest recorded value was -37.98 % change on previous year in 1980.
How does Bhutan rank for value added (total manufacturing) — value us$, 2015 prices, annual?
Bhutan ranks 58th out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, 2015 prices, annual rising or falling in Bhutan?
Over the last ten years it is up 184.1%. 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 US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Bhutan. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-2015-prices-annual-growth-rate/bhutan/

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<a href="https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-2015-prices-annual-growth-rate/bhutan/">Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Bhutan</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added (Total Manufacturing) — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,900 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.