Bhutan | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Bhutan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Bhutan economy.


MARKETS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 65.01 64.74 64.08 63.43 62.77 55.58 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 6.50 9.5 8.6 8.6 8.85 6.9 percent [+]
GDP 2.24 2.4 2.42 2.45 2.47 2.6 USD Billion [+]
GDP per capita 2751.20 2846 2870 2893 2916 3102 USD [+]
GDP per capita PPP 8105.80 8381 8446 8511 8576 9072 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 2.50 2.4 2.6 2.6 2.3 3 percent [+]
Population 0.77 0.78 0.78 0.78 0.78 0.79 Million [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 5.45 5.3 5.6 5.6 5.5 3.3 percent [+]
Food Inflation 7.66 6.9 6.8 6.85 6.87 6.73 percent [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 6.00 6 6 6 6 6 percent [+]
Deposit Interest Rate 4.00 4.17 4.21 4.25 4.3 4.6 percent [+]
Money Supply M1 56999.60 60587 59870 59430 59102 56577 BTN Million [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -35828.70 -37412 -37013 -36614 -36215 -34134 Million BTN [+]
Exports 32704.50 31708 31608 31507 31407 28547 Million BTN [+]
Imports 68533.20 71901 72514 73128 73741 77725 Million BTN [+]
Current Account -41211.80 -40954 -40803 -40652 -40500 -36844 BTN Million [+]
Current Account to GDP -31.20 -32 -25 -25 -16.93 -12 percent [+]
Tourism Revenues 6.00 4.16 5.25 4.57 4.98 4.83 USD Million [+]
Tourist Arrivals 5358.00 3200 3900 3600 3700 3700 [+]
Terrorism Index 0.12 0.53 0.67 0.8 0.93 1.88 [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 118.60 120 124 124 123 100 percent [+]
Government Budget -3.20 -3.52 -3.1 -2.69 -2.27 -2.85 percent of GDP [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Internet Speed 3426.37 3415 3356 3324 3293 2872 KBps [+]
IP Addresses 3582.00 3549 3525 3500 3475 3314 IP [+]
Ease of Doing Business 75.00 83 84 84 85 96 [+]
Competitiveness Index 4.10 3.87 3.87 3.87 3.87 3.94 Points [+]
Competitiveness Rank 82.00 97 97 97 97 93 [+]
Corruption Index 65.00 62 62 61 61 56 Points [+]
Corruption Rank 27.00 29 30 31 32 38 [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Sales Tax Rate 50.00 50 50 50 50 50 percent [+]