GDP at market prices (constant 2010 US$) in Bhutan
Bhutan: GDP at market prices (constant 2010 US$) was 2.74 billion constant 2010 US$ in 2023. ◆ Volatile
Latest (2023)
2.74 billion constant 2010 US$
Change on year
up 4.9%
World rank
176th
of 208 countries
All-time high
2.74 billion constant 2010 US$
in 2023
All-time low
126.31 million constant 2010 US$
in 1970
Years of data
54
1970–2023
GDP at market prices in Bhutan, 1970–2023
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
Bhutan recorded 2.74 billion constant 2010 US$ for gdp at market prices in 2023. That is the highest value across all 54 years on record.
The figure is up 4.9% on the previous year and up 41.6% over ten years.
Over the whole period, gdp at market prices in Bhutan peaked at 2.74 billion constant 2010 US$ in 2023 and was at its lowest, 126.31 million constant 2010 US$, in 1970.
Bhutan ranks 176th of 208 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP at market prices (constant 2010 US$) in Bhutan, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 126.31 million constant 2010 US$ | — |
| 1971 | 129.69 million constant 2010 US$ | +2.7% |
| 1972 | 131.20 million constant 2010 US$ | +1.2% |
| 1973 | 133.13 million constant 2010 US$ | +1.5% |
| 1974 | 139.99 million constant 2010 US$ | +5.2% |
| 1975 | 135.36 million constant 2010 US$ | -3.3% |
| 1976 | 147.48 million constant 2010 US$ | +9.0% |
| 1977 | 159.14 million constant 2010 US$ | +7.9% |
| 1978 | 170.48 million constant 2010 US$ | +7.1% |
| 1979 | 178.65 million constant 2010 US$ | +4.8% |
| 1980 | 187.59 million constant 2010 US$ | +5.0% |
| 1981 | 215.96 million constant 2010 US$ | +15.1% |
| 1982 | 223.39 million constant 2010 US$ | +3.4% |
| 1983 | 246.69 million constant 2010 US$ | +10.4% |
| 1984 | 257.93 million constant 2010 US$ | +4.6% |
| 1985 | 268.32 million constant 2010 US$ | +4.0% |
| 1986 | 298.89 million constant 2010 US$ | +11.4% |
| 1987 | 385.74 million constant 2010 US$ | +29.1% |
| 1988 | 404.12 million constant 2010 US$ | +4.8% |
| 1989 | 433.85 million constant 2010 US$ | +7.4% |
| 1990 | 478.90 million constant 2010 US$ | +10.4% |
| 1991 | 476.94 million constant 2010 US$ | -0.4% |
| 1992 | 498.89 million constant 2010 US$ | +4.6% |
| 1993 | 508.80 million constant 2010 US$ | +2.0% |
| 1994 | 533.99 million constant 2010 US$ | +5.0% |
| 1995 | 571.76 million constant 2010 US$ | +7.1% |
| 1996 | 603.59 million constant 2010 US$ | +5.6% |
| 1997 | 636.02 million constant 2010 US$ | +5.4% |
| 1998 | 673.63 million constant 2010 US$ | +5.9% |
| 1999 | 727.42 million constant 2010 US$ | +8.0% |
| 2000 | 751.82 million constant 2010 US$ | +3.4% |
| 2001 | 806.92 million constant 2010 US$ | +7.3% |
| 2002 | 891.19 million constant 2010 US$ | +10.4% |
| 2003 | 960.59 million constant 2010 US$ | +7.8% |
| 2004 | 1.01 billion constant 2010 US$ | +5.2% |
| 2005 | 1.08 billion constant 2010 US$ | +6.9% |
| 2006 | 1.14 billion constant 2010 US$ | +5.6% |
| 2007 | 1.32 billion constant 2010 US$ | +16.1% |
| 2008 | 1.38 billion constant 2010 US$ | +4.5% |
| 2009 | 1.49 billion constant 2010 US$ | +7.7% |
| 2010 | 1.67 billion constant 2010 US$ | +11.9% |
| 2011 | 1.81 billion constant 2010 US$ | +8.5% |
| 2012 | 1.90 billion constant 2010 US$ | +5.2% |
| 2013 | 1.94 billion constant 2010 US$ | +1.7% |
| 2014 | 2.05 billion constant 2010 US$ | +5.9% |
| 2015 | 2.19 billion constant 2010 US$ | +6.7% |
| 2016 | 2.37 billion constant 2010 US$ | +8.5% |
| 2017 | 2.42 billion constant 2010 US$ | +2.1% |
| 2018 | 2.51 billion constant 2010 US$ | +3.5% |
| 2019 | 2.65 billion constant 2010 US$ | +5.8% |
| 2020 | 2.38 billion constant 2010 US$ | -10.2% |
| 2021 | 2.49 billion constant 2010 US$ | +4.4% |
| 2022 | 2.62 billion constant 2010 US$ | +5.2% |
| 2023 | 2.74 billion constant 2010 US$ | +4.9% |
Bhutan compared with similar countries
- Bhutan's 2.74 billion constant 2010 US$ is below the median for lower middle income countries, which is 25.42 billion constant 2010 US$, 11% of the median. (46 countries reporting)
- Bhutan's 2.74 billion constant 2010 US$ is below the median for South Asia, which is 63.37 billion constant 2010 US$, 4% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where GDP at market prices (constant 2010 US$) 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 |
|---|---|---|---|
| 1987 | +29.1% | 298.89 million constant 2010 US$ | 385.74 million constant 2010 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 145.14 million constant 2010 US$ | 126.31 million constant 2010 US$ | 178.65 million constant 2010 US$ | 10 |
| 1980s | 292.25 million constant 2010 US$ | 187.59 million constant 2010 US$ | 433.85 million constant 2010 US$ | 10 |
| 1990s | 570.99 million constant 2010 US$ | 476.94 million constant 2010 US$ | 727.42 million constant 2010 US$ | 10 |
| 2000s | 1.08 billion constant 2010 US$ | 751.82 million constant 2010 US$ | 1.49 billion constant 2010 US$ | 10 |
| 2010s | 2.15 billion constant 2010 US$ | 1.67 billion constant 2010 US$ | 2.65 billion constant 2010 US$ | 10 |
| 2020s | 2.56 billion constant 2010 US$ | 2.38 billion constant 2010 US$ | 2.74 billion constant 2010 US$ | 4 |
Countries ranked near Bhutan
- 173 Faroe Islands 3.20 billion constant 2010 US$ compare
- 174 Greenland 2.84 billion constant 2010 US$ compare
- 175 Belize 2.76 billion constant 2010 US$ compare
- 177 Curacao 2.71 billion constant 2010 US$ compare
- 178 Cape Verde 2.35 billion constant 2010 US$ compare
- 179 Turks and Caicos Islands 2.32 billion constant 2010 US$ compare
More population data for Bhutan
- Population regions with projections, annual growth rate -0.716 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.0644 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.716 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.7852 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 874.29 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.5776 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.5679 % change on previous year (2100)
- Population growth rate -0.739 (2100)
- Population density 18.1 (2100)
- Projected population under age 5 27,662 (2100)
Frequently asked questions
- What is gdp at market prices in Bhutan?
- Gdp at market prices in Bhutan was 2.74 billion constant 2010 US$ in 2023, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Bhutan?
- The highest recorded value was 2.74 billion constant 2010 US$ in 2023.
- What is the lowest gdp at market prices recorded in Bhutan?
- The lowest recorded value was 126.31 million constant 2010 US$ in 1970.
- How does Bhutan rank for gdp at market prices?
- Bhutan ranks 176th out of 208 countries with data for 2023.
- Is gdp at market prices rising or falling in Bhutan?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release