Goods and services expense in Bhutan
Bhutan: Goods and services expense was 8.32 billion current LCU in 2020. ◆ Volatile
Goods and services expense in Bhutan, 1982–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, goods and services expense in Bhutan stood at 8.32 billion current LCU. That is the highest value across all 36 years on record.
The figure is up 3.8% on the previous year and up 42.8% over ten years.
Over the whole period, goods and services expense in Bhutan peaked at 8.32 billion current LCU in 2020 and was at its lowest, 131.80 million current LCU, in 1982.
That places Bhutan 110th out of 155 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 246.00 million current LCU | 131.80 million current LCU | 378.20 million current LCU | 5 |
| 1990s | 831.86 million current LCU | 465.30 million current LCU | 1.49 billion current LCU | 10 |
| 2000s | 3.01 billion current LCU | 1.76 billion current LCU | 4.66 billion current LCU | 10 |
| 2010s | 7.12 billion current LCU | 5.82 billion current LCU | 8.02 billion current LCU | 10 |
| 2020s | 8.32 billion current LCU | 8.32 billion current LCU | 8.32 billion current LCU | 1 |
Countries ranked near Bhutan
More public sector data for Bhutan
- Arms imports 4.00 million SIPRI trend indicator values (2021)
- Tax revenue 12.3% (2020)
- Taxes on income, profits and capital gains 19.9% (2020)
- Taxes on goods and services 17.9% (2020)
- Net investment in nonfinancial assets 8.6% (2020)
- Net lending (+) / net borrowing (-) -2.5% (2020)
- Interest payments 1.5% (2020)
- Grants and other revenue 58.7% (2020)
- Interest payments 1.9% (2020)
- Other taxes 0.0% (2020)
Frequently asked questions
- What is goods and services expense in Bhutan?
- Goods and services expense in Bhutan was 8.32 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Bhutan?
- The highest recorded value was 8.32 billion current LCU in 2020.
- What is the lowest goods and services expense recorded in Bhutan?
- The lowest recorded value was 131.80 million current LCU in 1982.
- How does Bhutan rank for goods and services expense?
- Bhutan ranks 110th out of 155 countries with data for 2020.
- Is goods and services expense rising or falling in Bhutan?
- Over the last ten years it is up 42.8%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.