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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 64.04
64.09 64.69 65.3 65.91 68.42
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 6.50
percent
8.6 8.6 7.37 8.6 6.9
GDP 2.24
USD Billion
2.17 2.25 2.32 2.4 2.6
GDP per capita 2751.20
USD
2724 2765 2806 2846 3102
GDP per capita PPP 8105.80
USD
8028 8145 8263 8381 9072
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 2.50
percent
2.6 2.6 2.4 2.6 3
Population 0.77
Million
0.77 0.77 0.77 0.78 0.79
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 5.18
percent
5.6 5.6 5.4 4.8 3.3
Food Inflation 7.13
percent
6.69 6.77 6.8 6.78 6.7
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 6.00
percent
6 6 6 6 6
Deposit Interest Rate 4.00
percent
4.18 4.18 4.17 4.17 4.6
Money Supply M1 56999.60
BTN Million
59870 59430 59102 58805 56577
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -35828.70
Million BTN
-29022 -31819 -34615 -37412 -34134
Exports 32704.50
Million BTN
34736 33727 32717 31708 28547
Imports 68533.20
Million BTN
66330 68187 70044 71901 77725
Current Account -41211.80
BTN Million
-37444 -38614 -39784 -40954 -36844
Current Account to GDP -31.20
percent
-25 -25 -22.07 -25 -12
Tourism Revenues 6.00
USD Million
5.25 4.57 4.98 4.74 4.83
Tourist Arrivals 5358.00
0 0 0 0 0
Terrorism Index 0.04
0.52 0.61 0.71 0.81 1.89
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 118.60
percent
124 124 115 124 100
Government Budget -3.20
percent of GDP
-0.9 -1.77 -2.64 -3.52 -2.85
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 3426.37
KBps
3356 3324 3293 3241 2872
IP Addresses 3582.00
IP
3525 3500 3475 3451 3314
Ease of Doing Business 75.00
84 84 84 85 96
Competitiveness Index 4.10
Points
3.87 3.87 3.87 3.87 3.94
Competitiveness Rank 82.00
97 97 97 97 93
Corruption Index 65.00
Points
64 63 63 62 56
Corruption Rank 27.00
30 30 29 29 38
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Sales Tax Rate 50.00
percent
50 50 50 50 50