Bhutan - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 67.75
65.79 66.43 67.08 67.74 70.44
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 8.00
percent
8.6 8 8.6 8 6.9
GDP 2.24
USD Billion
2.2 2.25 2.3 2.6 2.7
GDP per capita 2751.20
USD
2769 3009 2827 3106 3194
GDP per capita PPP 8105.80
USD
8159 8244 8330 9152 9410
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 2.50
percent
2.6 2.5 2.6 2.8 3
Population 0.77
Million
0.77 0.77 0.77 0.77 0.78
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 3.96
percent
5.6 5.5 4.8 3.8 3.3
Food Inflation 6.76
percent
6.78 6.8 6.78 6.75 6.69
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 6.00
percent
6 6 6 6 6
Deposit Interest Rate 4.00
percent
4.06 4.17 4.28 4.24 4.11
Money Supply M1 63486.00
BTN Million
61031 60587 60645 60814 61252
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -31136.40
Million BTN
-35674 -33084 -40000 -31132 -33000
Exports 36872.02
Million BTN
35027 36183 40000 37084 47000
Imports 68008.38
Million BTN
70701 69267 80000 68216 80000
Current Account -36341.50
BTN Million
-36342 -36342 -36342 -36342 -36342
Current Account to GDP -24.44
percent
-25 -25 -25 -19 -12
Tourism Revenues 11.90
USD Million
4.71 5.11 4.78 5.02 4.92
Terrorism Index 0.04
0.61 0.71 0.81 0.86 1.76
Tourist Arrivals 5836.00
3500 3900 3700 3700 3700
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 108.64
percent
124 124 124 110 100
Government Budget -4.10
percent of GDP
-2.4 -1.88 -1.36 -1.57 -3.53
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 3426.37
KBps
3324 3293 3241 3193 2706
IP Addresses 3582.00
IP
3500 3475 3451 3429 3272
Ease of Doing Business 75.00
84 84 85 86 99
Competitiveness Index 4.10
Points
3.87 3.87 3.87 4 3.91
Competitiveness Rank 82.00
97 97 97 89 95
Corruption Index 67.00
Points
64 65 65 65 61
Corruption Rank 26.00
29 29 30 30 37
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Sales Tax Rate 50.00
percent
50 50 50 50 50
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 18.37
celsius
14.99 17.33 8.67 6.27 12.1