The Gross Domestic Product (GDP) in Bhutan expanded 3 percent in 2018 from the previous year.

GDP Annual Growth Rate in Bhutan averaged 7.86 percent from 1996 until 2018, reaching an all time high of 17.90 percent in 2008 and a record low of 3 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 June of 2020.

GDP Annual Growth Rate in Bhutan is expected to reach 7.00 percent by the end of 2020, 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 5.60 percent in 2021 and 7.00 percent in 2022, according to our econometric models.

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Bhutan GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.00 4.70 17.90 3.00 1996 - 2018 percent Yearly

Bhutan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.00 4.70 17.90 3.00 percent [+]
GDP 2.53 2.53 2.53 0.14 USD Billion [+]
GDP per capita 3172.80 3138.40 3172.80 405.90 USD [+]
GDP per capita PPP 9347.80 9246.70 9347.80 2327.20 USD [+]
GDP From Agriculture 8059.80 7795.20 8059.80 6043.40 BTN Million [+]
GDP From Construction 10644.10 10009.10 10644.10 4009.60 BTN Million [+]
GDP From Manufacturing 5753.00 5452.90 5753.00 2214.40 BTN Million [+]
GDP From Mining 2062.30 1927.30 2062.30 446.60 BTN Million [+]
GDP From Public Administration 4641.90 4621.40 4641.90 2561.50 BTN Million [+]
GDP From Services 26905.30 25466.30 26905.30 11175.50 BTN Million [+]
GDP From Transport 7184.60 6409.80 7184.60 2660.60 BTN Million [+]
GDP From Utilities 10079.80 10478.90 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.