Value Added (Total Manufacturing) — Value US$ in Bhutan
Bhutan: Value Added (Total Manufacturing) — Value US$ was 242.92 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Bhutan, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Bhutan recorded 242.92 million USD for value added (total manufacturing) — value us$ in 2023.
The figure is down 4.0% on the previous year and up 66.6% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Bhutan peaked at 252.93 million USD in 2022 and was at its lowest, 2.58 million USD, in 1970.
Bhutan ranks 188th of 236 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 US$ in Bhutan, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2.58 million USD | — |
| 1971 | 2.76 million USD | +7.1% |
| 1972 | 2.92 million USD | +5.8% |
| 1973 | 3.31 million USD | +13.2% |
| 1974 | 3.84 million USD | +15.9% |
| 1975 | 3.63 million USD | -5.4% |
| 1976 | 3.78 million USD | +4.3% |
| 1977 | 3.85 million USD | +1.7% |
| 1978 | 4.07 million USD | +5.9% |
| 1979 | 4.81 million USD | +18.2% |
| 1980 | 3.72 million USD | -22.7% |
| 1981 | 8 million USD | +114.9% |
| 1982 | 8.05 million USD | +0.6% |
| 1983 | 10.15 million USD | +26.0% |
| 1984 | 10.48 million USD | +3.3% |
| 1985 | 9.78 million USD | -6.6% |
| 1986 | 9.98 million USD | +2.0% |
| 1987 | 14 million USD | +40.3% |
| 1988 | 14.72 million USD | +5.2% |
| 1989 | 20.03 million USD | +36.0% |
| 1990 | 22.52 million USD | +12.5% |
| 1991 | 20.77 million USD | -7.8% |
| 1992 | 21.5 million USD | +3.5% |
| 1993 | 20.32 million USD | -5.5% |
| 1994 | 24.01 million USD | +18.2% |
| 1995 | 30.48 million USD | +27.0% |
| 1996 | 34.67 million USD | +13.7% |
| 1997 | 35.26 million USD | +1.7% |
| 1998 | 33.65 million USD | -4.6% |
| 1999 | 34.71 million USD | +3.2% |
| 2000 | 35.06 million USD | +1.0% |
| 2001 | 38.79 million USD | +10.6% |
| 2002 | 38.77 million USD | -0.0% |
| 2003 | 43.55 million USD | +12.3% |
| 2004 | 49.32 million USD | +13.2% |
| 2005 | 56.74 million USD | +15.1% |
| 2006 | 66.55 million USD | +17.3% |
| 2007 | 94.94 million USD | +42.7% |
| 2008 | 102.77 million USD | +8.2% |
| 2009 | 100.88 million USD | -1.8% |
| 2010 | 134.62 million USD | +33.4% |
| 2011 | 146.92 million USD | +9.1% |
| 2012 | 157.06 million USD | +6.9% |
| 2013 | 145.81 million USD | -7.2% |
| 2014 | 154.78 million USD | +6.1% |
| 2015 | 159.97 million USD | +3.4% |
| 2016 | 160.57 million USD | +0.4% |
| 2017 | 179.05 million USD | +11.5% |
| 2018 | 225.97 million USD | +26.2% |
| 2019 | 167.73 million USD | -25.8% |
| 2020 | 121.14 million USD | -27.8% |
| 2021 | 200.02 million USD | +65.1% |
| 2022 | 252.93 million USD | +26.5% |
| 2023 | 242.92 million USD | -4.0% |
Bhutan compared with similar countries
- Bhutan's 242.92 million USD is below the median for lower middle income countries, which is 2,374 million USD, 10% of the median. (44 countries reporting)
- Bhutan's 242.92 million USD is below the median for South Asia, which is 8,484 million USD, 3% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$ 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 | +114.9% | 3.72 million USD | 8 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.56 million USD | 2.58 million USD | 4.81 million USD | 10 |
| 1980s | 10.89 million USD | 3.72 million USD | 20.03 million USD | 10 |
| 1990s | 27.79 million USD | 20.32 million USD | 35.26 million USD | 10 |
| 2000s | 62.74 million USD | 35.06 million USD | 102.77 million USD | 10 |
| 2010s | 163.25 million USD | 134.62 million USD | 225.97 million USD | 10 |
| 2020s | 204.25 million USD | 121.14 million USD | 252.93 million USD | 4 |
Countries ranked near Bhutan
- 185 Monaco 291.29 million USD compare
- 186 Guinea-Bissau 261.26 million USD compare
- 187 Liberia 260.69 million USD compare
- 189 Somalia 239.16 million USD compare
- 190 Montenegro 239.16 million USD compare
- 191 Netherlands Antilles (former) 236.17 million USD 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$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Bhutan?
- Value added (total manufacturing) — value us$ in Bhutan was 242.92 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Bhutan?
- The highest recorded value was 252.93 million USD in 2022.
- What is the lowest value added (total manufacturing) — value us$ recorded in Bhutan?
- The lowest recorded value was 2.58 million USD in 1970.
- How does Bhutan rank for value added (total manufacturing) — value us$?
- Bhutan ranks 188th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Bhutan?
- Over the last ten years it is up 66.6%. 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 US$. 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).