Bhutan recorded a Government Budget deficit equal to 0.20 percent of the country's Gross Domestic Product in 2024. Government Budget in Bhutan averaged -3.33 percent of GDP from 2002 until 2024, reaching an all time high of 4.10 percent of GDP in 2014 and a record low of -12.80 percent of GDP in 2002. source: Ministry of Finance, Bhutan

Related	Last	Previous	Unit	Reference
Fiscal Expenditure	89154.20	76378.20	BTN Million	Dec 2024
Government Budget	-0.20	-4.60	percent of GDP	Dec 2024
Government Budget Value	15972.20	15045.10	BTN Million	Dec 2024
Government Debt to GDP	107.78	115.44	percent of GDP	Dec 2024
Government Revenues	73182.00	61333.10	BTN Million	Dec 2024
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Bhutan Government Budget

The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.