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Bhutan GDP Growth

Annual percentage growth rate of GDP  NY.GDP.MKTP.KD.ZG

Bhutan's gdp growth was 6.79% in 2025, ranked 12th globally. This represents a 59.9% increase from 2024. Data from World Bank, covering 1971–2025.

6.79% +2.54pp (+59.9%)
Year 2025 Rank #12 Global Peak 29.05% (1987) Source World Bank

Bhutan GDP Growth (1971–2025)

Overview

Bhutan's gdp growth stood at 6.79% in 2025, a rise of +2.54pp from 2024. The IMF projects 6.79% by 2025. Bhutan ranked 12th globally.

Bhutan’s real GDP growth has accelerated markedly over the 55‑year series, rising from a modest 2.68 % in 1971 to a peak of 29.05 % in 1987, a surge driven by early reforms in hydropower and tourism. The economy then endured a sharp contraction of –10.22 % in 2020, reflecting the pandemic‑related collapse in export demand and domestic consumption. By 2025 the country posted a growth rate of 6.79 %, ranking twelfth globally and closely matching Uzbekistan’s 6.80 % and Niger’s 6.65 %, indicating a robust post‑crisis rebound. The long‑run trend points to a gradual return to pre‑pandemic momentum, but sustaining higher growth will depend on expanding value‑added sectors, diversifying beyond hydropower, and maintaining fiscal stability, which could lift Bhutan’s trajectory toward the higher end of its peer group.

Data & projection

Year GDP Growth YoY change Rank
2030* IMF 6.46% - -
2029* IMF 7.01% - -
2028* IMF 5.60% - -
2027* IMF 5.54% - -
2026* IMF 7.43% - -
2025* IMF 6.79% - -
2025 6.79% +2.54pp #12
2024 4.25% −0.80pp #55
2023 4.63% −0.19pp #59
2022 5.21% +8.51pp #78
2021 4.42% +6.88pp #128
2020 -10.22% −14.87pp #177
2019 5.76% +2.25pp #32
2018 3.50% −2.35pp #90
2017 2.09% −5.43pp #148
2016 8.48% +2.32pp #7
2015 6.66% +2.96pp #22
2014 5.88% +2.55pp #41
2013 1.74% −4.90pp #147
2012 5.16% −4.85pp #60
2011 8.49% −1.39pp #19
Show all years (1971-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +28.2% GDP growth 16.1% C/A balance 6.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Bhutan matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp growth improve within 24 months. View full analysis →

Frequently Asked Questions

What is Bhutan's gdp growth?▾

Bhutan's gdp growth was 6.79% in 2025. Ranked 12th globally. This represents a 59.9% increase from the previous year.

What was the highest gdp growth in Bhutan?▾

Bhutan's gdp growth peaked at 29.05% in 1987.

What was the lowest gdp growth in Bhutan?▾

The lowest gdp growth in Bhutan was -10.22% in 2020.

How does Bhutan rank in gdp growth?▾

Bhutan ranks 12th globally in gdp growth as of 2025.

What is the World Bank indicator code for gdp growth?▾

The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.

What is the projected gdp growth of Bhutan in 2025?▾

Bhutan's gdp growth is projected to reach 6.79% by 2025 based on IMF projection.

What is the gdp growth of Bhutan in 2025?▾

The gdp growth of Bhutan in 2025 was 6.79%. This ranks 12th in the world.

Cite this page

APA
Bhutan GDP Growth. HistorySaid. Retrieved November 2, 2026, from https://historysaid.com/bhutan/gdp-growth/
BibTeX
@misc{historysaid_bhutan_gdp-growth, title = {Bhutan GDP Growth}, url = {https://historysaid.com/bhutan/gdp-growth/}, publisher = {HistorySaid}, year = {2026} }
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