Bhutan Economic Growth 1970-2024

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Bhutan economic growth for 2022 was $2.90B, a 4.67% increase from 2021.
  • Bhutan economic growth for 2021 was $2.77B, a 12.66% increase from 2020.
  • Bhutan economic growth for 2020 was $2.46B, a 10.16% decline from 2019.
  • Bhutan economic growth for 2019 was $2.74B, a 5.9% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $3,353.47B
Indonesia $1,319.08B
Egypt $476.75B
Nigeria $472.62B
Bangladesh $460.13B
Vietnam $410.32B
Philippines $404.35B
Pakistan $374.79B
Ukraine $161.99B
Morocco $130.91B
Kenya $113.42B
Angola $104.40B
Uzbekistan $81.14B
Ghana $74.26B
Sri Lanka $74.14B
Myanmar $62.25B
Sudan $51.67B
Tunisia $44.58B
Bolivia $44.01B
Cameroon $43.64B
El Salvador $31.99B
Papua New Guinea $31.60B
Honduras $31.43B
Cambodia $29.50B
Zambia $29.16B
Georgia $24.98B
West Bank and Gaza $19.17B
Mongolia $17.15B
Republic of Congo $15.82B
Nicaragua $15.65B
Lao PDR $15.47B
Moldova $14.51B
Kyrgyz Republic $12.13B
Mauritania $9.74B
Kosovo $9.35B
Eswatini $4.79B
Djibouti $3.67B
Timor-Leste $3.20B
Bhutan $2.90B
Cabo Verde $2.30B
Lesotho $2.29B
Solomon Islands $1.57B
Vanuatu $1.02B
Sao Tome and Principe $0.54B
Micronesia $0.43B
Kiribati $0.27B
Bhutan Economic Growth - Historical Data
Year GDP Per Capita Growth Rate
2022 $2.90B $3,704 5.21%
2021 $2.77B $3,561 4.42%
2020 $2.46B $3,181 -10.22%
2019 $2.74B $3,565 5.76%
2018 $2.58B $3,390 3.50%
2017 $2.59B $3,427 3.51%
2016 $2.32B $3,098 8.40%
2015 $2.15B $2,899 6.57%
2014 $2.06B $2,794 5.72%
2013 $1.91B $2,625 1.66%
2012 $1.94B $2,690 5.10%
2011 $1.94B $2,717 8.31%
2010 $1.67B $2,372 11.93%
2009 $1.33B $1,908 7.67%
2008 $1.32B $1,910 4.53%
2007 $1.26B $1,842 16.10%
2006 $0.94B $1,400 5.64%
2005 $0.86B $1,297 6.94%
2004 $0.74B $1,131 5.16%
2003 $0.65B $1,027 7.79%
2002 $0.56B $904 10.44%
2001 $0.50B $822 7.33%
2000 $0.46B $785 3.36%
1999 $0.40B $699 7.98%
1998 $0.36B $652 5.91%
1997 $0.35B $644 5.37%
1996 $0.30B $564 5.57%
1995 $0.29B $551 7.07%
1994 $0.26B $497 4.95%
1993 $0.23B $434 1.99%
1992 $0.24B $440 4.60%
1991 $0.24B $423 -0.41%
1990 $0.29B $515 10.38%
1989 $0.26B $487 7.36%
1988 $0.27B $515 4.77%
1987 $0.24B $472 29.05%
1986 $0.19B $383 11.39%
1985 $0.16B $337 4.03%
1984 $0.16B $341 4.56%
1983 $0.16B $344 10.43%
1982 $0.14B $320 3.44%
1981 $0.14B $325 15.12%
1980 $0.13B $310 5.01%
1979 $0.11B $262 4.79%
1978 $0.09B $242 7.13%
1977 $0.10B $260 7.90%
1976 $0.09B $243 8.95%
1975 $0.09B $246 -3.31%
1974 $0.09B $273 5.16%
1973 $0.08B $239 1.47%
1972 $0.07B $220 1.16%
1971 $0.07B $215 2.68%
1970 $0.06B $207 %