Bhutan - GDP

GDP (current US$)

The latest value for GDP (current US$) in Bhutan was $2,315,437,000 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $2,535,657,000 in 2019 and $128,717,400 in 1980.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 $128,717,400
1981 $139,150,400
1982 $141,366,500
1983 $156,687,200
1984 $160,460,000
1985 $163,272,300
1986 $191,230,800
1987 $242,770,900
1988 $272,241,000
1989 $264,725,200
1990 $287,658,200
1991 $240,320,000
1992 $240,215,800
1993 $225,998,100
1994 $258,985,600
1995 $290,464,800
1996 $303,435,500
1997 $352,261,000
1998 $363,452,800
1999 $399,268,800
2000 $424,464,100
2001 $461,444,500
2002 $520,849,500
2003 $604,042,000
2004 $682,523,800
2005 $796,938,100
2006 $874,989,900
2007 $1,168,308,000
2008 $1,227,809,000
2009 $1,234,014,000
2010 $1,547,991,000
2011 $1,777,101,000
2012 $1,781,281,000
2013 $1,756,216,000
2014 $1,907,091,000
2015 $2,003,598,000
2016 $2,158,972,000
2017 $2,450,365,000
2018 $2,446,866,000
2019 $2,535,657,000
2020 $2,315,437,000

GDP (current LCU)

The value for GDP (current LCU) in Bhutan was 171,573,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 178,562,000,000 in 2019 and a minimum value of 1,011,719,000 in 1980.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 1,011,719,000
1981 1,205,043,000
1982 1,337,327,000
1983 1,582,541,000
1984 1,822,825,000
1985 2,019,679,000
1986 2,411,420,000
1987 3,146,310,000
1988 3,789,595,000
1989 4,296,490,000
1990 5,036,895,000
1991 5,464,877,000
1992 6,226,393,000
1993 6,890,682,000
1994 8,124,378,000
1995 9,419,774,000
1996 10,750,720,000
1997 12,790,600,000
1998 14,996,060,000
1999 17,192,520,000
2000 19,075,420,000
2001 21,775,570,000
2002 25,318,500,000
2003 28,136,270,000
2004 30,931,980,000
2005 35,144,970,000
2006 39,643,170,000
2007 48,307,810,000
2008 53,416,070,000
2009 59,732,830,000
2010 70,783,140,000
2011 82,938,210,000
2012 95,186,680,000
2013 102,910,000,000
2014 116,389,000,000
2015 128,535,000,000
2016 145,073,000,000
2017 159,572,000,000
2018 167,340,000,000
2019 178,562,000,000
2020 171,573,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Bhutan was 171,573,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 178,562,000,000 in 2019 and 5,036,895,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 5,036,895,000
1991 5,464,877,000
1992 6,226,393,000
1993 6,890,682,000
1994 8,124,378,000
1995 9,419,774,000
1996 10,750,720,000
1997 12,790,600,000
1998 14,996,060,000
1999 17,192,520,000
2000 19,075,420,000
2001 21,775,570,000
2002 25,318,500,000
2003 28,136,270,000
2004 30,931,980,000
2005 35,144,970,000
2006 39,643,170,000
2007 48,307,810,000
2008 53,416,070,000
2009 59,732,830,000
2010 70,783,140,000
2011 82,938,210,000
2012 95,186,680,000
2013 102,910,000,000
2014 116,389,000,000
2015 128,535,000,000
2016 145,073,000,000
2017 159,572,000,000
2018 167,340,000,000
2019 178,562,000,000
2020 171,573,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Bhutan was 2,221,964,000 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 2,470,945,000 in 2019 and 163,460,700 in 1980.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 163,460,700
1981 188,179,700
1982 194,652,700
1983 214,956,900
1984 224,751,800
1985 233,806,000
1986 260,441,600
1987 336,111,100
1988 352,134,800
1989 378,036,300
1990 417,288,300
1991 415,586,300
1992 434,706,900
1993 443,341,800
1994 465,293,900
1995 498,209,300
1996 525,935,600
1997 554,198,500
1998 586,974,000
1999 633,837,800
2000 655,103,400
2001 709,797,800
2002 787,820,700
2003 849,454,300
2004 900,495,800
2005 966,117,200
2006 1,033,743,000
2007 1,223,547,000
2008 1,282,271,000
2009 1,368,802,000
2010 1,532,318,000
2011 1,654,637,000
2012 1,739,328,000
2013 1,776,201,000
2014 1,878,804,000
2015 2,003,598,000
2016 2,166,431,000
2017 2,267,210,000
2018 2,336,476,000
2019 2,470,945,000
2020 2,221,964,000

GDP (constant LCU)

The value for GDP (constant LCU) in Bhutan was 64,699,540,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 71,949,410,000 in 2019 and a minimum value of 4,759,678,000 in 1980.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 4,759,678,000
1981 5,479,451,000
1982 5,667,931,000
1983 6,259,154,000
1984 6,544,362,000
1985 6,808,004,000
1986 7,583,585,000
1987 9,786,945,000
1988 10,253,520,000
1989 11,007,730,000
1990 12,150,680,000
1991 12,101,120,000
1992 12,657,870,000
1993 12,909,310,000
1994 13,548,510,000
1995 14,506,950,000
1996 15,314,290,000
1997 16,137,250,000
1998 17,091,610,000
1999 18,456,200,000
2000 19,075,420,000
2001 20,668,020,000
2002 22,939,910,000
2003 24,734,560,000
2004 26,220,800,000
2005 28,131,580,000
2006 30,100,710,000
2007 35,627,460,000
2008 37,337,390,000
2009 39,857,040,000
2010 44,618,320,000
2011 48,180,030,000
2012 50,646,070,000
2013 51,719,760,000
2014 54,707,350,000
2015 58,341,130,000
2016 63,082,540,000
2017 66,017,030,000
2018 68,033,940,000
2019 71,949,410,000
2020 64,699,540,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Bhutan was 8,588,209,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 9,436,823,000 in 2019 and 827,268,900 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 827,268,900
1991 851,756,900
1992 911,249,100
1993 951,378,600
1994 1,019,808,000
1995 1,114,848,000
1996 1,198,439,000
1997 1,285,423,000
1998 1,376,767,000
1999 1,508,152,000
2000 1,593,597,000
2001 1,764,519,000
2002 1,989,458,000
2003 2,184,936,000
2004 2,378,581,000
2005 2,631,405,000
2006 2,900,802,000
2007 3,525,645,000
2008 3,766,727,000
2009 4,051,571,000
2010 4,588,419,000
2011 5,058,193,000
2012 5,551,018,000
2013 5,674,557,000
2014 6,231,641,000
2015 6,915,381,000
2016 7,703,914,000
2017 8,307,417,000
2018 8,766,772,000
2019 9,436,823,000
2020 8,588,209,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Bhutan was 8,141,627,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 9,053,932,000 in 2019 and 1,522,774,000 in 1991.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 1,529,010,000
1991 1,522,774,000
1992 1,592,835,000
1993 1,624,475,000
1994 1,704,910,000
1995 1,825,518,000
1996 1,927,111,000
1997 2,030,671,000
1998 2,150,765,000
1999 2,322,482,000
2000 2,400,403,000
2001 2,600,811,000
2002 2,886,700,000
2003 3,112,535,000
2004 3,299,559,000
2005 3,540,006,000
2006 3,787,798,000
2007 4,483,270,000
2008 4,698,442,000
2009 5,015,509,000
2010 5,614,657,000
2011 6,062,853,000
2012 6,373,174,000
2013 6,508,283,000
2014 6,884,234,000
2015 7,341,501,000
2016 7,938,147,000
2017 8,307,417,000
2018 8,561,219,000
2019 9,053,932,000
2020 8,141,627,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts