GDP (current US$), annual growth rate in Bhutan
Bhutan: GDP (current US$), annual growth rate was 4.18 % change on previous year in 2023. ◆ Volatile
GDP (current US$), annual growth rate in Bhutan, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bhutan recorded 4.18 % change on previous year for gdp (current us$), annual growth rate in 2023.
The figure is down 10.7% on the previous year and up 377.5% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Bhutan peaked at 33.18 % change on previous year in 2007 and was at its lowest, -16.5 % change on previous year, in 1991.
That places Bhutan 137th out of 211 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.24 % change on previous year | — |
| 1972 | 5.81 % change on previous year | -19.8% |
| 1973 | 12.49 % change on previous year | +115.0% |
| 1974 | 17.75 % change on previous year | +42.1% |
| 1975 | -6.55 % change on previous year | -136.9% |
| 1976 | 1.89 % change on previous year | -128.9% |
| 1977 | 10.65 % change on previous year | +463.8% |
| 1978 | -3.88 % change on previous year | -136.4% |
| 1979 | 12 % change on previous year | -409.3% |
| 1980 | 22.1 % change on previous year | +84.2% |
| 1981 | 8.16 % change on previous year | -63.1% |
| 1982 | 1.63 % change on previous year | -80.1% |
| 1983 | 10.79 % change on previous year | +563.2% |
| 1984 | 2.37 % change on previous year | -78.0% |
| 1985 | 1.79 % change on previous year | -24.7% |
| 1986 | 17.1 % change on previous year | +857.4% |
| 1987 | 26.95 % change on previous year | +57.5% |
| 1988 | 12.18 % change on previous year | -54.8% |
| 1989 | -2.75 % change on previous year | -122.6% |
| 1990 | 8.67 % change on previous year | -414.9% |
| 1991 | -16.5 % change on previous year | -290.2% |
| 1992 | -0.025 % change on previous year | -99.8% |
| 1993 | -5.94 % change on previous year | +23672.6% |
| 1994 | 14.6 % change on previous year | -345.9% |
| 1995 | 12.18 % change on previous year | -16.6% |
| 1996 | 4.45 % change on previous year | -63.5% |
| 1997 | 16.09 % change on previous year | +261.9% |
| 1998 | 3.19 % change on previous year | -80.2% |
| 1999 | 9.86 % change on previous year | +209.4% |
| 2000 | 15.38 % change on previous year | +55.9% |
| 2001 | 7.68 % change on previous year | -50.1% |
| 2002 | 12.75 % change on previous year | +66.0% |
| 2003 | 16.55 % change on previous year | +29.9% |
| 2004 | 12.79 % change on previous year | -22.7% |
| 2005 | 17 % change on previous year | +32.9% |
| 2006 | 9.59 % change on previous year | -43.6% |
| 2007 | 33.18 % change on previous year | +246.1% |
| 2008 | 4.92 % change on previous year | -85.2% |
| 2009 | 1.05 % change on previous year | -78.7% |
| 2010 | 28.36 % change on previous year | +2603.5% |
| 2011 | 15.73 % change on previous year | -44.5% |
| 2012 | -0.2194 % change on previous year | -101.4% |
| 2013 | -1.5 % change on previous year | +585.6% |
| 2014 | 7.48 % change on previous year | -597.1% |
| 2015 | 4.73 % change on previous year | -36.8% |
| 2016 | 7.76 % change on previous year | +64.1% |
| 2017 | 9.92 % change on previous year | +27.9% |
| 2018 | -0.3095 % change on previous year | -103.1% |
| 2019 | 5.9 % change on previous year | -2005.4% |
| 2020 | -10.16 % change on previous year | -272.4% |
| 2021 | 12.66 % change on previous year | -224.6% |
| 2022 | 4.67 % change on previous year | -63.1% |
| 2023 | 4.18 % change on previous year | -10.7% |
Bhutan compared with similar countries
- Bhutan's 4.18 % change on previous year is below the median for lower middle income countries, which is 6.93 % change on previous year, 60% of the median. (47 countries reporting)
- Bhutan's 4.18 % change on previous year is below the median for South Asia, which is 5.19 % change on previous year, 80% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$), annual growth rate 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 |
|---|---|---|---|
| 1993 | -23672.6% | -0.025 % change on previous year | -5.94 % change on previous year |
| 2010 | +2603.5% | 1.05 % change on previous year | 28.36 % change on previous year |
| 2019 | +2005.4% | -0.3095 % change on previous year | 5.9 % change on previous year |
| 1986 | +857.4% | 1.79 % change on previous year | 17.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.38 % change on previous year | -6.55 % change on previous year | 17.75 % change on previous year | 9 |
| 1980s | 10.03 % change on previous year | -2.75 % change on previous year | 26.95 % change on previous year | 10 |
| 1990s | 4.66 % change on previous year | -16.5 % change on previous year | 16.09 % change on previous year | 10 |
| 2000s | 13.09 % change on previous year | 1.05 % change on previous year | 33.18 % change on previous year | 10 |
| 2010s | 7.78 % change on previous year | -1.5 % change on previous year | 28.36 % change on previous year | 10 |
| 2020s | 2.84 % change on previous year | -10.16 % change on previous year | 12.66 % change on previous year | 4 |
Countries ranked near Bhutan
- 134 Jordan 4.43 % change on previous year compare
- 135 Djibouti 4.32 % change on previous year compare
- 136 Sweden 4.21 % change on previous year compare
- 138 Laos 4.16 % change on previous year compare
- 139 Cameroon 4.15 % change on previous year compare
- 140 Hungary 4.15 % change on previous year 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)
- World population growth -0.7% (2100)
- Population density 18.1 people per km² (2100)
- Number of children under 5, by world region 27,662 people (2100)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Bhutan?
- Gdp (current us$), annual growth rate in Bhutan was 4.18 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Bhutan?
- The highest recorded value was 33.18 % change on previous year in 2007.
- What is the lowest gdp (current us$), annual growth rate recorded in Bhutan?
- The lowest recorded value was -16.5 % change on previous year in 1991.
- How does Bhutan rank for gdp (current us$), annual growth rate?
- Bhutan ranks 137th out of 211 countries with data for 2023.
- Is gdp (current us$), annual growth rate rising or falling in Bhutan?
- Over the last ten years it is up 377.5%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.