GDP Annual Growth Rate in Bhutan increased to 5.50 percent in 2019 from 3.10 percent in 2018. source: Royal Monetary Authority of Bhutan

GDP Annual Growth Rate in Bhutan averaged 7.77 percent from 1996 until 2019, reaching an all time high of 17.90 percent in 2008 and a record low of 3.10 percent in 2018. This page provides - Bhutan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bhutan GDP Annual Growth Rate - values, historical data and charts - was last updated on September of 2021.

GDP Annual Growth Rate in Bhutan is expected to reach -1.80 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bhutan GDP Annual Growth Rate is projected to trend around 4.50 percent in 2022 and 5.00 percent in 2023, according to our econometric models.

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Bhutan GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.50 3.10 17.90 3.10 1996 - 2019 percent Yearly

Bhutan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.50 3.10 17.90 3.10 percent [+]
GDP 2.41 2.53 2.53 0.13 USD Billion [+]
GDP per capita 3007.70 3262.19 3262.19 405.85 USD [+]
GDP per capita PPP 10909.10 11832.16 11832.16 2848.24 USD [+]
GDP From Agriculture 7385.60 7290.79 7385.60 6196.10 BTN Million [+]
GDP From Construction 8348.20 9781.71 10630.92 4009.60 BTN Million [+]
GDP From Manufacturing 5956.12 5956.43 5956.43 2468.70 BTN Million [+]
GDP From Mining 3775.96 2836.92 3775.96 531.40 BTN Million [+]
GDP From Public Administration 4953.18 4564.24 4953.18 2561.50 BTN Million [+]
GDP From Services 33306.41 29596.35 33306.41 11175.50 BTN Million [+]
GDP From Transport 9120.50 8057.23 9120.50 2660.60 BTN Million [+]
GDP From Utilities 9618.50 8578.92 10478.90 3262.40 BTN Million [+]


Bhutan GDP Annual Growth Rate
The most important sectors of the Bhutanese economy are hydroelectricity, tourism and agriculture. The government has focused on the development of low volume, high quality tourism, as a way to protect the environment and mitigate the impact of disrupting influences on the domestic culture. Bhutan maintains close fiscal and trading ties with India. Electricity sales to India account for the country's largest share of foreign currency earnings.