GDP deflator (base year varies by country), annual growth rate in Bhutan

Bhutan: GDP deflator (base year varies by country), annual growth rate was 4.37 % change on previous year in 2023. ◆ Volatile

Latest (2023)
4.37 % change on previous year
Change on year
down 24.5%
World rank
86th
of 211 countries
All-time high
17.17 % change on previous year
in 1974
All-time low
-15.88 % change on previous year
in 1978
Years of data
53
1971–2023

GDP deflator (base year varies by country), annual growth rate in Bhutan, 1971–2023

-20-1001020197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, gdp deflator (base year varies by country), annual growth rate in Bhutan stood at 4.37 % change on previous year.

That represents a change of down 24.5% on the previous year and down 29.0% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Bhutan peaked at 17.17 % change on previous year in 1974 and was at its lowest, -15.88 % change on previous year, in 1978.

Bhutan ranks 86th of 211 countries on this measure, 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), annual growth rate in Bhutan, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Bhutan, 1971 to 2023.
Year % change on previous year Change
1971 4.46 % change on previous year
1972 5.9 % change on previous year +32.3%
1973 13.02 % change on previous year +120.7%
1974 17.17 % change on previous year +31.9%
1975 -0.0768 % change on previous year -100.4%
1976 0.0416 % change on previous year -154.2%
1977 0.0108 % change on previous year -74.2%
1978 -15.88 % change on previous year -147709.9%
1979 6.01 % change on previous year -137.8%
1980 12.52 % change on previous year +108.4%
1981 3.46 % change on previous year -72.3%
1982 7.29 % change on previous year +110.5%
1983 7.16 % change on previous year -1.8%
1984 10.16 % change on previous year +42.0%
1985 6.51 % change on previous year -36.0%
1986 7.19 % change on previous year +10.4%
1987 1.1 % change on previous year -84.7%
1988 14.96 % change on previous year +1258.4%
1989 5.61 % change on previous year -62.5%
1990 6.21 % change on previous year +10.7%
1991 8.94 % change on previous year +44.1%
1992 8.92 % change on previous year -0.2%
1993 8.51 % change on previous year -4.6%
1994 12.34 % change on previous year +45.0%
1995 8.28 % change on previous year -32.9%
1996 8.11 % change on previous year -2.1%
1997 12.91 % change on previous year +59.1%
1998 10.7 % change on previous year -17.1%
1999 6.17 % change on previous year -42.3%
2000 16.53 % change on previous year +167.9%
2001 5.34 % change on previous year -67.7%
2002 5.17 % change on previous year -3.2%
2003 3.62 % change on previous year -29.8%
2004 4.35 % change on previous year +19.9%
2005 6.48 % change on previous year +49.1%
2006 6.58 % change on previous year +1.5%
2007 4.69 % change on previous year -28.7%
2008 5.61 % change on previous year +19.6%
2009 4.42 % change on previous year -21.1%
2010 8.33 % change on previous year +88.2%
2011 8.88 % change on previous year +6.6%
2012 8.64 % change on previous year -2.7%
2013 6.16 % change on previous year -28.6%
2014 5.72 % change on previous year -7.2%
2015 3.21 % change on previous year -43.9%
2016 4.05 % change on previous year +26.1%
2017 4.35 % change on previous year +7.4%
2018 1.15 % change on previous year -73.5%
2019 3.11 % change on previous year +170.0%
2020 5.29 % change on previous year +70.1%
2021 7.63 % change on previous year +44.3%
2022 5.8 % change on previous year -24.0%
2023 4.37 % change on previous year -24.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.41 % change on previous year -15.88 % change on previous year 17.17 % change on previous year 9
1980s 7.6 % change on previous year 1.1 % change on previous year 14.96 % change on previous year 10
1990s 9.11 % change on previous year 6.17 % change on previous year 12.91 % change on previous year 10
2000s 6.28 % change on previous year 3.62 % change on previous year 16.53 % change on previous year 10
2010s 5.36 % change on previous year 1.15 % change on previous year 8.88 % change on previous year 10
2020s 5.77 % change on previous year 4.37 % change on previous year 7.63 % change on previous year 4

Countries ranked near Bhutan

  1. 83 Libya 4.46 % change on previous year compare
  2. 84 Comoros 4.43 % change on previous year compare
  3. 85 Portugal 4.43 % change on previous year compare
  4. 87 Uganda 4.37 % change on previous year compare
  5. 88 Iraq 4.37 % change on previous year compare
  6. 89 Solomon Islands 4.37 % change on previous year compare

See the full ranking of 211 places →

More population data for Bhutan

All data for Bhutan →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Bhutan?
Gdp deflator (base year varies by country), annual growth rate in Bhutan was 4.37 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Bhutan?
The highest recorded value was 17.17 % change on previous year in 1974.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Bhutan?
The lowest recorded value was -15.88 % change on previous year in 1978.
How does Bhutan rank for gdp deflator (base year varies by country), annual growth rate?
Bhutan ranks 86th out of 211 countries with data for 2023.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Bhutan?
Over the last ten years it is down 29.0%. 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 deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Bhutan. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/bhutan/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/bhutan/">GDP deflator (base year varies by country), annual growth rate in Bhutan</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.