Markets Actual Q1 Q2 Q3 Q4 2023
Currency 74.24 74.44 74.73 75.02 75.32 75.9

Overview Actual Q1 Q2 Q3 Q4 2023
GDP Annual Growth Rate (%) -10.08 4.5 4.5 1.8 4.5 5
Unemployment Rate (%) 5.00 4.1 4.1 4.1 4.1 3.2
Inflation Rate (%) 7.26 6.5 5.5 5.5 5.8 4.4
Interest Rate (%) 7.14 7.42 7.42 7.42 7 7
Balance of Trade (BTN Million) -4807.28 -9000 -9000 -9000 -9000 -9000
Current Account (BTN Million ) -21789.50 -39500 -39500 -39500 -39500 -39500
Current Account to GDP (% of GDP) -11.40 -12 -12 -12 -12 -10
Government Debt to GDP (% of GDP) 120.74 118 118 118 118 118
Government Budget (% of GDP) -6.20 -12.5 -12.5 -12.5 -12.5 -12.5

GDP Actual Q1 Q2 Q3 Q4 2023
GDP Annual Growth Rate (%) -10.08 4.5 4.5 1.8 4.5 5
GDP (USD Billion) 2.41 2.2 2.2 2.2 2.5 2.5
GDP per capita (USD) 2977.25 3500 3500 3500 3500 3500
GDP per capita PPP (USD) 10909.10 10700 10700 10700 11500 11500
GDP From Agriculture (BTN Million) 7385.60 8800 8800 8800 8800 8800
GDP From Construction (BTN Million) 8348.20 13400 13400 13400 13400 13400
GDP From Manufacturing (BTN Million) 5956.12 5950 5950 5950 5950 5950
GDP From Mining (BTN Million) 3775.96 2600 2600 2600 2600 2600
GDP From Public Administration (BTN Million) 4953.18 4700 4700 4700 4700 4700
GDP From Services (BTN Million) 33306.41 31000 31000 31000 31000 31000
GDP From Transport (BTN Million) 9120.50 8000 8000 8000 8000 8000
GDP From Utilities (BTN Million) 9618.50 11200 11200 11200 11200 11200

Labour Actual Q1 Q2 Q3 Q4 2023
Unemployment Rate (%) 5.00 4.1 4.1 4.1 4.1 3.2
Population (Million) 0.77 0.77 0.77 0.77 0.78 0.78

Prices Actual Q1 Q2 Q3 Q4 2023
Inflation Rate (%) 7.26 6.5 5.5 5.5 5.8 4.4
Producer Prices (points) 124.60 153 153 153 184 184
Producer Prices Change (%) 3.80 10 10 10 10 8
Inflation Rate Mom (%) 0.95 1.5 1.5 1 1 0.5
Consumer Price Index CPI (points) 116.76 111 111 111 116 116
Food Inflation (%) 6.37 5.5 5 4.5 4.5 4

Money Actual Q1 Q2 Q3 Q4 2023
Interest Rate (%) 7.14 7.42 7.42 7.42 7 7
Deposit Interest Rate (%) 3.00 3 3.28 3.28 2.86 2.86
Money Supply M2 (BTN Million) 183884.79 162615 162615 162615 178597 178597
Foreign Exchange Reserves (USD Million) 1554.40 1532 1532 1532 1713 1713

Trade Actual Q1 Q2 Q3 Q4 2023
Balance of Trade (BTN Million) -4807.28 -9000 -9000 -9000 -9000 -9000
Current Account (BTN Million ) -21789.50 -39500 -39500 -39500 -39500 -39500
Current Account to GDP (% of GDP) -11.40 -12 -12 -12 -12 -10
Exports (BTN Million) 13614.33 10500 10500 10500 10500 10500
Imports (BTN Million) 18421.60 19500 19500 19500 19500 19500
Tourism Revenues (USD Million) 0.00 5.8 5.8 5.8 5.7 5.7
Tourist Arrivals 0.00 2000 2000 2000 3500 3500
Foreign Direct Investment (BTN Million) -58.23 84.5 84.5 84.5 84.5 84.5
External Debt (USD Million) 2989.70 3000 3000 3000 3000 3000

Government Actual Q1 Q2 Q3 Q4 2023
Government Debt to GDP (% of GDP) 120.74 118 118 118 118 118
Government Budget (% of GDP) -6.20 -12.5 -12.5 -12.5 -12.5 -12.5
Government Revenues (BTN Million) 52726.60 52140 52140 52140 52140 52140
Fiscal Expenditure (BTN Million) 57472.30 61700 61700 61700 61700 61700

Taxes Actual Q1 Q2 Q3 Q4 2023
Sales Tax Rate (%) 50.00 50 50 50 50 50

Consumer Actual Q1 Q2 Q3 Q4 2023
Private Sector Credit (BTN Million) 118812.50 15.5 15.5 15.5 15.5 15.5


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Bhutan Forecast - was last updated on Monday, January 17, 2022.