GDP deflator (base year varies by country) (UNESCO Institute) in Bhutan

Bhutan: GDP deflator (base year varies by country) (UNESCO Institute) was 130.5 base year varies by country in 2023. ◆ Volatile

Latest (2023)
130.5 base year varies by country
Change on year
up 4.4%
World rank
102nd
of 211 countries
All-time high
130.5 base year varies by country
in 2023
All-time low
5.27 base year varies by country
in 1970
Years of data
54
1970–2023

GDP deflator in Bhutan, 1970–2023

050100150197019962023

Source: UNESCO Institute for Statistics. Measured in base year varies by country.

Analysis

Bhutan recorded 130.5 base year varies by country for gdp deflator in 2023. That is the highest value across all 54 years on record.

The figure is up 4.4% on the previous year and up 54.6% over ten years.

Over the whole period, gdp deflator in Bhutan peaked at 130.5 base year varies by country in 2023 and was at its lowest, 5.27 base year varies by country, in 1970.

That places Bhutan 102nd 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 deflator (base year varies by country) (UNESCO Institute) in Bhutan, year by year

Annual values for GDP deflator (base year varies by country) in Bhutan, 1970 to 2023.
Year base year varies by country Change
1970 5.27 base year varies by country —
1971 5.5 base year varies by country +4.5%
1972 5.83 base year varies by country +5.9%
1973 6.59 base year varies by country +13.0%
1974 7.72 base year varies by country +17.2%
1975 7.71 base year varies by country -0.1%
1976 7.72 base year varies by country +0.0%
1977 7.72 base year varies by country +0.0%
1978 6.49 base year varies by country -15.9%
1979 6.88 base year varies by country +6.0%
1980 7.74 base year varies by country +12.5%
1981 8.01 base year varies by country +3.5%
1982 8.59 base year varies by country +7.3%
1983 9.21 base year varies by country +7.2%
1984 10.15 base year varies by country +10.2%
1985 10.81 base year varies by country +6.5%
1986 11.58 base year varies by country +7.2%
1987 11.71 base year varies by country +1.1%
1988 13.46 base year varies by country +15.0%
1989 14.22 base year varies by country +5.6%
1990 15.1 base year varies by country +6.2%
1991 16.45 base year varies by country +8.9%
1992 17.92 base year varies by country +8.9%
1993 19.44 base year varies by country +8.5%
1994 21.84 base year varies by country +12.3%
1995 23.65 base year varies by country +8.3%
1996 25.57 base year varies by country +8.1%
1997 28.87 base year varies by country +12.9%
1998 31.96 base year varies by country +10.7%
1999 33.93 base year varies by country +6.2%
2000 39.54 base year varies by country +16.5%
2001 41.65 base year varies by country +5.3%
2002 43.8 base year varies by country +5.2%
2003 45.39 base year varies by country +3.6%
2004 47.36 base year varies by country +4.3%
2005 50.43 base year varies by country +6.5%
2006 53.75 base year varies by country +6.6%
2007 56.27 base year varies by country +4.7%
2008 59.42 base year varies by country +5.6%
2009 62.05 base year varies by country +4.4%
2010 67.22 base year varies by country +8.3%
2011 73.19 base year varies by country +8.9%
2012 79.51 base year varies by country +8.6%
2013 84.41 base year varies by country +6.2%
2014 89.24 base year varies by country +5.7%
2015 92.1 base year varies by country +3.2%
2016 95.83 base year varies by country +4.0%
2017 100 base year varies by country +4.3%
2018 101.15 base year varies by country +1.2%
2019 104.3 base year varies by country +3.1%
2020 109.81 base year varies by country +5.3%
2021 118.19 base year varies by country +7.6%
2022 125.03 base year varies by country +5.8%
2023 130.5 base year varies by country +4.4%

Bhutan compared with similar countries

  • Bhutan's 130.5 base year varies by country is below the median for lower middle income countries, which is 176.13 base year varies by country, 74% of the median. (47 countries reporting)
  • Bhutan's 130.5 base year varies by country is below the median for South Asia, which is 162.82 base year varies by country, 80% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.74 base year varies by country 5.27 base year varies by country 7.72 base year varies by country 10
1980s 10.55 base year varies by country 7.74 base year varies by country 14.22 base year varies by country 10
1990s 23.47 base year varies by country 15.1 base year varies by country 33.93 base year varies by country 10
2000s 49.97 base year varies by country 39.54 base year varies by country 62.05 base year varies by country 10
2010s 88.69 base year varies by country 67.22 base year varies by country 104.3 base year varies by country 10
2020s 120.88 base year varies by country 109.81 base year varies by country 130.5 base year varies by country 4

Countries ranked near Bhutan

  1. 99 Serbia 132.39 base year varies by country compare
  2. 100 Faroe Islands 132.29 base year varies by country compare
  3. 101 Samoa 131.88 base year varies by country compare
  4. 103 Mozambique 130.26 base year varies by country compare
  5. 104 Singapore 130.16 base year varies by country compare
  6. 105 Solomon Islands 129.81 base year varies by country compare

See the full ranking of 211 places →

More population data for Bhutan

All data for Bhutan →

Frequently asked questions

What is gdp deflator in Bhutan?
Gdp deflator in Bhutan was 130.5 base year varies by country in 2023, according to UNESCO Institute for Statistics.
What is the highest gdp deflator recorded in Bhutan?
The highest recorded value was 130.5 base year varies by country in 2023.
What is the lowest gdp deflator recorded in Bhutan?
The lowest recorded value was 5.27 base year varies by country in 1970.
How does Bhutan rank for gdp deflator?
Bhutan ranks 102nd out of 211 countries with data for 2023.
Is gdp deflator rising or falling in Bhutan?
Over the last ten years it is up 54.6%. 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 deflator (base year varies by country). Statizoid updates them automatically from the source API.

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GDP deflator in Bhutan. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-2/bhutan/

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About this data

Indicator
GDP deflator (base year varies by country)
Unit
base year varies by country
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,200 data points, 1970–2024
Last refreshed

February 2026 Data Release