Gross value added at basic prices (GVA) in Bhutan

Bhutan: Gross value added at basic prices (GVA) was 3.26 billion current US$ in 2024. ◆ Volatile

Latest (2024)
3.26 billion current US$
Change on year
up 11.3%
World rank
172nd
of 206 countries
All-time high
3.26 billion current US$
in 2024
All-time low
126.39 million current US$
in 1980
Years of data
45
1980–2024

Gross value added at basic prices (GVA) in Bhutan, 1980–2024

01.0B2.0B3.0B1980200220241980: 126.4M current US$1981: 136.7M current US$1982: 138.9M current US$1983: 153.3M current US$1984: 156.4M current US$1985: 159.9M current US$1986: 187.8M current US$1987: 236.8M current US$1988: 266.3M current US$1989: 260.3M current US$1990: 280.1M current US$1991: 233.3M current US$1992: 233.4M current US$1993: 219.9M current US$1994: 247.8M current US$1995: 279.5M current US$1996: 293.3M current US$1997: 338.3M current US$1998: 350.2M current US$1999: 384.9M current US$2000: 447.4M current US$2001: 481.7M current US$2002: 535.6M current US$2003: 623.9M current US$2004: 697.4M current US$2005: 818.0M current US$2006: 901.0M current US$2007: 1.2B current US$2008: 1.3B current US$2009: 1.3B current US$2010: 1.6B current US$2011: 1.9B current US$2012: 1.8B current US$2013: 1.8B current US$2014: 1.9B current US$2015: 2.1B current US$2016: 2.2B current US$2017: 2.5B current US$2018: 2.4B current US$2019: 2.6B current US$2020: 2.4B current US$2021: 2.7B current US$2022: 2.8B current US$2023: 2.9B current US$2024: 3.3B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Bhutan recorded 3.26 billion current US$ for gross value added at basic prices (gva) in 2024. That is the highest value across all 45 years on record.

Compared with earlier readings it is up 11.3% on the previous year and up 68.1% over ten years.

Over the whole period, gross value added at basic prices (gva) in Bhutan peaked at 3.26 billion current US$ in 2024 and was at its lowest, 126.39 million current US$, in 1980.

That places Bhutan 172nd out of 206 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

DecadeAverage LowestHighest Years
1980s 182.29 million current US$ 126.39 million current US$ 266.35 million current US$ 10
1990s 286.07 million current US$ 219.91 million current US$ 384.89 million current US$ 10
2000s 825.74 million current US$ 447.35 million current US$ 1.28 billion current US$ 10
2010s 2.08 billion current US$ 1.62 billion current US$ 2.62 billion current US$ 10
2020s 2.82 billion current US$ 2.40 billion current US$ 3.26 billion current US$ 5

Countries ranked near Bhutan

  1. 169 Suriname 4.09 billion current US$ compare
  2. 170 Faroe Islands 3.57 billion current US$ compare
  3. 171 Aruba 3.27 billion current US$ compare
  4. 173 Greenland 3.19 billion current US$ compare
  5. 174 Burundi 3.06 billion current US$ compare
  6. 175 Curacao 3.02 billion current US$ compare

See the full ranking of 244 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is gross value added at basic prices (gva) in Bhutan?
Gross value added at basic prices (gva) in Bhutan was 3.26 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Bhutan?
The highest recorded value was 3.26 billion current US$ in 2024.
What is the lowest gross value added at basic prices (gva) recorded in Bhutan?
The lowest recorded value was 126.39 million current US$ in 1980.
How does Bhutan rank for gross value added at basic prices (gva)?
Bhutan ranks 172nd out of 206 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 68.1%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.