Bhutan Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Bhutan's domestic credit was 80.78% in 2025, ranked 17th globally. This represents a 5.4% increase from 2024. Data from World Bank, covering 2021–2025.
Overview
Bhutan's domestic credit stood at 80.78% in 2025, a rise of +4.16% from 2024. Based on recent trends, this figure is projected to reach 80.78% by 2025. Bhutan ranked 17th globally.
Bhutan's domestic credit has exhibited a mixed performance over the past five years, influenced by factors such as economic policies and global market conditions. The country's domestic credit peaked at 98.09 in 2023, reflecting a significant increase in financial sector activity, but subsequently declined to 76.62 in 2024, suggesting a contraction. The latest available data indicates that Bhutan's domestic credit stands at 80.78, ranking 17th globally. For comparison, Maldives, a peer country, reported a domestic credit of 85.94, while North Macedonia, another peer, recorded a lower value of 72.94. The fluctuations in Bhutan's domestic credit suggest that the country may be vulnerable to external economic shocks. Should Bhutan implement policies aimed at stabilizing its financial sector and encouraging long-term economic growth, this could potentially alter the trajectory of its domestic credit trajectory and mitigate the risk of future contractions.
Data & projection
| Year | Domestic Credit | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 74.37% | - | - |
| 2026* trend | 77.57% | - | - |
| 2025* trend | 80.78% | - | - |
| 2025 | 80.78% | +4.16% | #17 |
| 2024 | 76.62% | −21.48% | #26 |
| 2023 | 98.09% | +7.46% | #37 |
| 2022 | 90.63% | +0.85% | #38 |
| 2021 | 89.78% | – | #35 |
Detected Pattern
Analysis
Bhutan matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Bhutan's domestic credit was 80.78% in 2025. Ranked 17th globally. This represents a 5.4% increase from the previous year.
Bhutan's domestic credit peaked at 98.09% in 2023.
The lowest domestic credit in Bhutan was 76.62% in 2024.
Bhutan ranks 17th globally in domestic credit as of 2025.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
Bhutan's domestic credit is projected to reach 80.78% by 2025 based on trend extrapolation.
The domestic credit of Bhutan in 2025 was 80.78%. This ranks 17th in the world.
Cite this page
@misc{historysaid_bhutan_domestic-credit,
title = {Bhutan Domestic Credit},
url = {https://historysaid.com/bhutan/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}