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COUNTRY OUTLOOK / BT

Bhutan

Unverified rate framework · ISO:BT

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalThimphu
RegionSouth Asia
Income groupLower middle income
CurrencyBhutanese ngultrum
GDP$3.58B2025 · current US$
Real GDP growth8.01%2025 · annual %
Population796.68K2025 · people
GDP per capita$4,492.782025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Bhutan's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:BT
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

8.01% · 2025 · annual %

Real GDP growth · annual %-10.22%-0.87%8.48%2014: 5.88108550658288 annual %2015: 6.66080128866197 annual %2016: 8.47594339232963 annual %2017: 2.08684522733067 annual %2018: 3.50187185732737 annual %2019: 5.75514851246506 annual %2020: -10.2183974208569 annual %2021: 4.42136738945015 annual %2022: 5.21386783786224 annual %2023: 4.63215702969933 annual %2024: 7.49856206754038 annual %2025: 8.00502716233098 annual %20142025
View annual observations
YearValue (annual %)
20258.005
20247.499
20234.632
20225.214
20214.421
2020-10.218
20195.755
20183.502
20172.087
20168.476
20156.661
20145.881
World Bank source & definition ↗

Economy

GDP$3.58B2025 · current US$Source & definition ↗
Real GDP growth8.01%2025 · annual %Source & definition ↗
GDP per capita$4,492.782025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 15.61B2025 · current international $Source & definition ↗

People

Population796.68K2025 · peopleSource & definition ↗
Population growth0.65%2025 · annual %Source & definition ↗
Urban population43.43%2025 · % of populationSource & definition ↗
Life expectancy73.262024 · yearsSource & definition ↗
Unemployment · ILO estimate3.23%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+64.82%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing13.68%2025 · % of GDPSource & definition ↗
Industry including construction33.16%2025 · % of GDPSource & definition ↗
Services53.16%2025 · % of GDPSource & definition ↗
Manufacturing6.62%2024 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services31.49%2024 · % of GDPSource & definition ↗
Imports of goods & services47.87%2024 · % of GDPSource & definition ↗
Current account balance-19.40%2024 · % of GDPSource & definition ↗
Foreign direct investment · net inflows0.08%2024 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation3.56%2025 · annual %Source & definition ↗
Central government debt111.01%2020 · % of GDPSource & definition ↗
Tax revenue12.28%2020 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector72.26%2025 · % of GDPSource & definition ↗
Total reserves including gold$1.19B2025 · current US$Source & definition ↗

Infrastructure

Internet use91.28%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area38,3902023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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