Gross value added at basic prices (GVA) in Bhutan
Bhutan: Gross value added at basic prices (GVA) was 2.87 billion constant 2015 US$ in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Bhutan, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross value added at basic prices (gva) in Bhutan stood at 2.87 billion constant 2015 US$. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 7.6% on the previous year and up 50.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Bhutan peaked at 2.87 billion constant 2015 US$ in 2024 and was at its lowest, 174.78 million constant 2015 US$, in 1980.
That places Bhutan 164th out of 193 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 272.15 million constant 2015 US$ | 174.78 million constant 2015 US$ | 407.94 million constant 2015 US$ | 10 |
| 1990s | 531.06 million constant 2015 US$ | 445.89 million constant 2015 US$ | 674.69 million constant 2015 US$ | 10 |
| 2000s | 1.04 billion constant 2015 US$ | 731.61 million constant 2015 US$ | 1.44 billion constant 2015 US$ | 10 |
| 2010s | 2.03 billion constant 2015 US$ | 1.58 billion constant 2015 US$ | 2.54 billion constant 2015 US$ | 10 |
| 2020s | 2.57 billion constant 2015 US$ | 2.33 billion constant 2015 US$ | 2.87 billion constant 2015 US$ | 5 |
Countries ranked near Bhutan
- 161 Liberia 3.78 billion constant 2015 US$ compare
- 162 Burundi 3.54 billion constant 2015 US$ compare
- 163 Andorra 3.19 billion constant 2015 US$ compare
- 165 Aruba 2.86 billion constant 2015 US$ compare
- 166 Greenland 2.82 billion constant 2015 US$ compare
- 167 Turks and Caicos Islands 2.34 billion constant 2015 US$ compare
More economy & growth data for Bhutan
- DEC alternative conversion factor 87.16 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.98 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 155.11 million current US$ (2024)
- Taxes less subsidies on products 7.44 billion current LCU (2024)
- Taxes less subsidies on products 88.97 million current US$ (2024)
- Net primary income (Net income from abroad) -15.95 billion current LCU (2024)
- Net primary income (Net income from abroad) -190.69 million current US$ (2024)
- GNI per capita 370,164 current LCU (2025)
- GNI per capita, Atlas method 4,310 current US$ (2025)
- GNI 294.90 billion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Bhutan?
- Gross value added at basic prices (gva) in Bhutan was 2.87 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Bhutan?
- The highest recorded value was 2.87 billion constant 2015 US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Bhutan?
- The lowest recorded value was 174.78 million constant 2015 US$ in 1980.
- How does Bhutan rank for gross value added at basic prices (gva)?
- Bhutan ranks 164th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Bhutan?
- Over the last ten years it is up 50.8%. 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 value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 is 2015. This indicator is expressed in United States dollars.