GDP growth (annual %) (UNESCO Institute) in Bhutan

Bhutan: GDP growth (annual %) (UNESCO Institute) was 4.9% in 2023. ◆ Volatile

Latest (2023)
4.9%
Change on year
down 6.4%
World rank
47th
of 212 countries
All-time high
29.1%
in 1987
All-time low
-10.2%
in 2020
Years of data
53
1971–2023

GDP growth in Bhutan, 1971–2023

-100102030197119972023

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

Bhutan recorded 4.9% for gdp growth in 2023.

That represents a change of down 6.4% on the previous year and up 181.2% over ten years.

Over the whole period, gdp growth in Bhutan peaked at 29.1% in 1987 and was at its lowest, -10.2%, in 2020.

Bhutan ranks 47th of 212 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP growth (annual %) (UNESCO Institute) in Bhutan, year by year

Annual values for GDP growth (annual %) in Bhutan, 1971 to 2023.
Year annual % Change
1971 2.7% —
1972 1.2% -56.5%
1973 1.5% +26.1%
1974 5.2% +251.6%
1975 -3.3% -164.1%
1976 9.0% -370.8%
1977 7.9% -11.8%
1978 7.1% -9.8%
1979 4.8% -32.8%
1980 5.0% +4.5%
1981 15.1% +201.9%
1982 3.4% -77.3%
1983 10.4% +203.2%
1984 4.6% -56.3%
1985 4.0% -11.6%
1986 11.4% +182.8%
1987 29.1% +155.0%
1988 4.8% -83.6%
1989 7.4% +54.3%
1990 10.4% +41.2%
1991 -0.4% -103.9%
1992 4.6% -1228.0%
1993 2.0% -56.8%
1994 5.0% +149.3%
1995 7.1% +42.9%
1996 5.6% -21.3%
1997 5.4% -3.4%
1998 5.9% +10.1%
1999 8.0% +35.0%
2000 3.4% -58.0%
2001 7.3% +118.4%
2002 10.4% +42.5%
2003 7.8% -25.4%
2004 5.2% -33.8%
2005 6.9% +34.5%
2006 5.6% -18.7%
2007 16.1% +185.5%
2008 4.5% -71.9%
2009 7.7% +69.3%
2010 11.9% +55.6%
2011 8.5% -28.9%
2012 5.2% -39.2%
2013 1.7% -66.4%
2014 5.9% +238.7%
2015 6.7% +13.3%
2016 8.5% +27.3%
2017 2.1% -75.4%
2018 3.5% +67.8%
2019 5.8% +64.3%
2020 -10.2% -277.6%
2021 4.4% -143.3%
2022 5.2% +17.9%
2023 4.9% -6.4%

Bhutan compared with similar countries

  • Bhutan's 4.9% is above the median for lower middle income countries, which is 3.7%, 1.3× the median. (47 countries reporting)
  • Bhutan's 4.9% is below the median for South Asia, which is 4.9%, 99% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where GDP growth (annual %) (UNESCO Institute) 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.

YearChange FromTo
1992 +1228.0% -0.4% 4.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.0% -3.3% 9.0% 9
1980s 9.5% 3.4% 29.1% 10
1990s 5.3% -0.4% 10.4% 10
2000s 7.5% 3.4% 16.1% 10
2010s 6.0% 1.7% 11.9% 10
2020s 1.1% -10.2% 5.2% 4

Countries ranked near Bhutan

  1. 44 China 5.0% compare
  2. 45 Dominican Republic 5.0% compare
  3. 46 Saint Martin (French Part) 4.9% compare
  4. 48 Mongolia 4.9% compare
  5. 49 Guinea-Bissau 4.8% compare
  6. 50 Kazakhstan 4.8% compare

See the full ranking of 212 places →

More population data for Bhutan

All data for Bhutan →

Frequently asked questions

What is gdp growth in Bhutan?
Gdp growth in Bhutan was 4.9% in 2023, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Bhutan?
The highest recorded value was 29.1% in 1987.
What is the lowest gdp growth recorded in Bhutan?
The lowest recorded value was -10.2% in 2020.
How does Bhutan rank for gdp growth?
Bhutan ranks 47th out of 212 countries with data for 2023.
Is gdp growth rising or falling in Bhutan?
Over the last ten years it is up 181.2%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Bhutan. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/bhutan/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release