Gross fixed capital formation in Bhutan

Bhutan: Gross fixed capital formation was 118.01 billion current LCU in 2024. ◆ Volatile

Latest (2024)
118.01 billion current LCU
Change on year
up 6.3%
World rank
110th
of 180 countries
All-time high
125.54 billion current LCU
in 2022
All-time low
332.33 million current LCU
in 1980
Years of data
45
1980–2024

Gross fixed capital formation in Bhutan, 1980–2024

050.0B100.0B150.0B1980200220241980: 332.3M current LCU1981: 415.4M current LCU1982: 494.5M current LCU1983: 647.1M current LCU1984: 697.6M current LCU1985: 919.3M current LCU1986: 1.0B current LCU1987: 1.2B current LCU1988: 1.5B current LCU1989: 1.6B current LCU1990: 1.2B current LCU1991: 1.9B current LCU1992: 2.5B current LCU1993: 3.0B current LCU1994: 3.5B current LCU1995: 4.0B current LCU1996: 4.1B current LCU1997: 4.2B current LCU1998: 5.1B current LCU1999: 6.9B current LCU2000: 10.8B current LCU2001: 14.6B current LCU2002: 18.5B current LCU2003: 20.2B current LCU2004: 23.0B current LCU2005: 23.4B current LCU2006: 20.6B current LCU2007: 20.9B current LCU2008: 25.9B current LCU2009: 32.1B current LCU2010: 49.0B current LCU2011: 62.6B current LCU2012: 72.9B current LCU2013: 72.2B current LCU2014: 69.6B current LCU2015: 78.8B current LCU2016: 90.2B current LCU2017: 91.6B current LCU2018: 94.7B current LCU2019: 88.2B current LCU2020: 70.2B current LCU2021: 90.0B current LCU2022: 125.5B current LCU2023: 111.0B current LCU2024: 118.0B current LCU

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

Analysis

In 2024, gross fixed capital formation in Bhutan stood at 118.01 billion current LCU.

The figure is up 6.3% on the previous year and up 69.4% over ten years.

Over the whole period, gross fixed capital formation in Bhutan peaked at 125.54 billion current LCU in 2022 and was at its lowest, 332.33 million current LCU, in 1980.

That places Bhutan 110th out of 180 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
1980s 878.67 million current LCU 332.33 million current LCU 1.57 billion current LCU 10
1990s 3.63 billion current LCU 1.19 billion current LCU 6.88 billion current LCU 10
2000s 21.00 billion current LCU 10.84 billion current LCU 32.08 billion current LCU 10
2010s 76.98 billion current LCU 49.02 billion current LCU 94.70 billion current LCU 10
2020s 102.97 billion current LCU 70.24 billion current LCU 125.54 billion current LCU 5

Countries ranked near Bhutan

  1. 107 Cuba 138.37 billion current LCU compare
  2. 108 Mauritania 125.36 billion current LCU compare
  3. 109 Austria 120.65 billion current LCU compare
  4. 111 Ghana 115.23 billion current LCU compare
  5. 112 New Zealand 100.99 billion current LCU compare
  6. 113 Comoros 93.81 billion current LCU compare

See the full ranking of 180 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is gross fixed capital formation in Bhutan?
Gross fixed capital formation in Bhutan was 118.01 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation recorded in Bhutan?
The highest recorded value was 125.54 billion current LCU in 2022.
What is the lowest gross fixed capital formation recorded in Bhutan?
The lowest recorded value was 332.33 million current LCU in 1980.
How does Bhutan rank for gross fixed capital formation?
Bhutan ranks 110th out of 180 countries with data for 2024.
Is gross fixed capital formation rising or falling in Bhutan?
Over the last ten years it is up 69.4%. 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
180 places, 8,131 data points, 1960–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.