Gross capital formation in Bhutan

Bhutan: Gross capital formation was 94.68 billion constant LCU in 2024. ◆ Volatile

Latest (2024)
94.68 billion constant LCU
Change on year
up 5.3%
World rank
96th
of 169 countries
All-time high
102.74 billion constant LCU
in 2022
All-time low
9.15 billion constant LCU
in 1991
Years of data
35
1990–2024

Gross capital formation in Bhutan, 1990–2024

020.0B40.0B60.0B80.0B100.0B1990200720241990: 10.4B constant LCU1991: 9.2B constant LCU1992: 12.2B constant LCU1993: 14.5B constant LCU1994: 17.9B constant LCU1995: 17.0B constant LCU1996: 16.3B constant LCU1997: 16.7B constant LCU1998: 16.6B constant LCU1999: 20.9B constant LCU2000: 26.4B constant LCU2001: 32.6B constant LCU2002: 41.2B constant LCU2003: 41.5B constant LCU2004: 43.8B constant LCU2005: 42.2B constant LCU2006: 38.9B constant LCU2007: 33.5B constant LCU2008: 42.7B constant LCU2009: 53.9B constant LCU2010: 77.7B constant LCU2011: 87.1B constant LCU2012: 90.0B constant LCU2013: 78.0B constant LCU2014: 71.6B constant LCU2015: 83.5B constant LCU2016: 92.7B constant LCU2017: 91.4B constant LCU2018: 91.0B constant LCU2019: 84.2B constant LCU2020: 65.8B constant LCU2021: 79.0B constant LCU2022: 102.7B constant LCU2023: 89.9B constant LCU2024: 94.7B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2024, gross capital formation in Bhutan stood at 94.68 billion constant LCU.

That represents a change of up 5.3% on the previous year and up 32.1% over ten years.

Over the whole period, gross capital formation in Bhutan peaked at 102.74 billion constant LCU in 2022 and was at its lowest, 9.15 billion constant LCU, in 1991.

That places Bhutan 96th out of 169 countries with data for 2024, 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

DecadeAverage LowestHighest Years
1990s 15.16 billion constant LCU 9.15 billion constant LCU 20.86 billion constant LCU 10
2000s 39.67 billion constant LCU 26.37 billion constant LCU 53.88 billion constant LCU 10
2010s 84.72 billion constant LCU 71.64 billion constant LCU 92.69 billion constant LCU 10
2020s 86.42 billion constant LCU 65.83 billion constant LCU 102.74 billion constant LCU 5

Countries ranked near Bhutan

  1. 93 Central African Republic 110.67 billion constant LCU compare
  2. 94 Comoros 100.52 billion constant LCU compare
  3. 95 Mauritius 99.76 billion constant LCU compare
  4. 97 Austria 94.52 billion constant LCU compare
  5. 98 New Zealand 80.47 billion constant LCU compare
  6. 99 Nicaragua 74.88 billion constant LCU compare

See the full ranking of 169 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is gross capital formation in Bhutan?
Gross capital formation in Bhutan was 94.68 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Bhutan?
The highest recorded value was 102.74 billion constant LCU in 2022.
What is the lowest gross capital formation recorded in Bhutan?
The lowest recorded value was 9.15 billion constant LCU in 1991.
How does Bhutan rank for gross capital formation?
Bhutan ranks 96th out of 169 countries with data for 2024.
Is gross capital formation rising or falling in Bhutan?
Over the last ten years it is up 32.1%. The long-run trend across the full record is volatile.
Where does this Bhutan data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 7,054 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.