Price level ratio of PPP conversion factor (GDP) to market exchange in Bhutan

Bhutan: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.2362 in 2023. ▲ Rising

Latest (2023)
0.2362
Change on year
down 4.1%
World rank
194th
of 202 countries
All-time high
0.3513
in 2011
All-time low
0.221
in 1993
Years of data
34
1990–2023

Price level ratio of PPP conversion factor (GDP) to market exchange in Bhutan, 1990–2023

00.10.20.30.41990200620231990: 0.3241991: 0.2621992: 0.2451993: 0.2211994: 0.2361995: 0.2421996: 0.2361997: 0.2551998: 0.2461999: 0.2472000: 0.2482001: 0.2432002: 0.2452003: 0.2592004: 0.2712005: 0.2872006: 0.2892007: 0.3232008: 0.3182009: 0.2972010: 0.3362011: 0.3512012: 0.3212013: 0.3092014: 0.3062015: 0.2892016: 0.282017: 0.2942018: 0.2842019: 0.2772020: 0.2562021: 0.2652022: 0.2462023: 0.236

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for price level ratio of ppp conversion factor (gdp) to market exchange in Bhutan is 0.2362, measured in 2023.

The figure is down 4.1% on the previous year and down 23.6% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Bhutan peaked at 0.3513 in 2011 and was at its lowest, 0.221, in 1993.

Bhutan ranks 194th of 202 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Bhutan, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Bhutan, 1990 to 2023.
Year Value Change
1990 0.3236
1991 0.2625 -18.9%
1992 0.2453 -6.6%
1993 0.221 -9.9%
1994 0.2362 +6.9%
1995 0.2424 +2.6%
1996 0.2356 -2.8%
1997 0.2551 +8.3%
1998 0.2458 -3.7%
1999 0.2466 +0.3%
2000 0.248 +0.6%
2001 0.2433 -1.9%
2002 0.2446 +0.5%
2003 0.2593 +6.0%
2004 0.2709 +4.5%
2005 0.2874 +6.1%
2006 0.2892 +0.6%
2007 0.323 +11.7%
2008 0.3181 -1.5%
2009 0.2967 -6.7%
2010 0.3361 +13.3%
2011 0.3513 +4.5%
2012 0.3207 -8.7%
2013 0.3092 -3.6%
2014 0.3056 -1.2%
2015 0.2892 -5.4%
2016 0.2796 -3.3%
2017 0.2942 +5.2%
2018 0.2841 -3.4%
2019 0.2771 -2.5%
2020 0.2558 -7.7%
2021 0.2653 +3.7%
2022 0.2464 -7.1%
2023 0.2362 -4.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2514 0.221 0.3236 10
2000s 0.278 0.2433 0.323 10
2010s 0.3047 0.2771 0.3513 10
2020s 0.2509 0.2362 0.2653 4

Countries ranked near Bhutan

  1. 191 Sierra Leone 0.2484 compare
  2. 192 Tajikistan 0.2481 compare
  3. 193 India 0.2417 compare
  4. 195 Pakistan 0.2362 compare
  5. 196 Myanmar 0.2266 compare
  6. 197 Lao People's Democratic Republic 0.217 compare

See the full ranking of 202 places →

More population data for Bhutan

All data for Bhutan →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Bhutan?
Price level ratio of ppp conversion factor (gdp) to market exchange in Bhutan was 0.2362 in 2023, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Bhutan?
The highest recorded value was 0.3513 in 2011.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Bhutan?
The lowest recorded value was 0.221 in 1993.
How does Bhutan rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Bhutan ranks 194th out of 202 countries with data for 2023.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Bhutan?
Over the last ten years it is down 23.6%. The long-run trend across the full record is rising.
Where does this Bhutan data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Bhutan. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 02 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/bhutan/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release