Inflation, GDP deflator in Bhutan

Bhutan: Inflation, GDP deflator was 3.2% in 2025. ◆ Volatile

Latest (2025)
3.2%
Change on year
down 32.4%
World rank
113th
of 213 countries
All-time high
17.2%
in 1974
All-time low
-15.9%
in 1978
Years of data
55
1971–2025

Inflation, GDP deflator in Bhutan, 1971–2025

-20-1001020197119982025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

Bhutan recorded 3.2% for inflation, gdp deflator in 2025.

The figure is down 32.4% on the previous year and down 1.7% over ten years.

Over the whole period, inflation, gdp deflator in Bhutan peaked at 17.2% in 1974 and was at its lowest, -15.9%, in 1978.

That places Bhutan 113th out of 213 countries with data for 2025, 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
1970s 3.4% -15.9% 17.2% 9
1980s 7.6% 1.1% 15.0% 10
1990s 9.1% 6.2% 12.9% 10
2000s 6.3% 3.6% 16.5% 10
2010s 5.4% 1.2% 8.9% 10
2020s 5.2% 3.2% 7.6% 6

Countries ranked near Bhutan

  1. 110 Cote d'Ivoire 3.2% compare
  2. 111 Micronesia (country) 3.2% compare
  3. 112 Isle of Man 3.2% compare
  4. 114 Austria 3.2% compare
  5. 115 South Korea 3.1% compare
  6. 116 Paraguay 3.1% compare

See the full ranking of 260 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is inflation, gdp deflator in Bhutan?
Inflation, gdp deflator in Bhutan was 3.2% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Bhutan?
The highest recorded value was 17.2% in 1974.
What is the lowest inflation, gdp deflator recorded in Bhutan?
The lowest recorded value was -15.9% in 1978.
How does Bhutan rank for inflation, gdp deflator?
Bhutan ranks 113th out of 213 countries with data for 2025.
Is inflation, gdp deflator rising or falling in Bhutan?
Over the last ten years it is down 1.7%. 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 Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,212 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.