Bhutan Government Revenue
General government revenue as % of GDP GGR_NGDP
Bhutan's government revenue was 28.40% in 2025, ranked 85th globally. This represents a 5.3% increase from 2024. Data from IMF WEO, covering 1981–2025.
Overview
Bhutan's government revenue stood at 28.40% in 2025, a rise of +1.43% from 2024. The IMF projects 28.40% by 2025. Bhutan ranked 85th globally.
Bhutan's government revenue has experienced significant fluctuations over the past 45 years, with the latest value standing at 28.39 in 2025. The country's revenue peaked at 46.90 in 1987, a year when Bhutan's economic growth was largely driven by its expanding hydroelectric sector. In contrast, the lowest recorded revenue of 22.76 was reached in 2019, amidst a global economic slowdown. Bhutan's current revenue ranking of 85 globally is closely matched by its peer countries, with Fiji and St. Kitts and Nevis recording similar revenue levels. The country's revenue trajectory has been marked by a general decline since the 1980s, with periods of growth interspersed with periods of contraction. A sustained recovery in the country's hydroelectric sector and potential growth in the tourism industry could help to stabilise and increase government revenue in the coming years.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 29.12% | - | - |
| 2029* IMF | 27.61% | - | - |
| 2028* IMF | 29.77% | - | - |
| 2027* IMF | 30.89% | - | - |
| 2026* IMF | 30.17% | - | - |
| 2025* IMF | 28.40% | - | - |
| 2025 | 28.40% | +1.43% | #85 |
| 2024 | 26.97% | +2.85% | #97 |
| 2023 | 24.12% | −1.02% | #112 |
| 2022 | 25.14% | −5.73% | #111 |
| 2021 | 30.87% | +1.73% | #70 |
| 2020 | 29.14% | +6.38% | #70 |
| 2019 | 22.76% | −7.41% | #124 |
| 2018 | 30.17% | +4.09% | #75 |
| 2017 | 26.09% | −2.06% | #97 |
| 2016 | 28.14% | +1.09% | #81 |
| 2015 | 27.05% | −4.28% | #83 |
| 2014 | 31.33% | +3.38% | #76 |
| 2013 | 27.95% | −5.07% | #90 |
| 2012 | 33.02% | −0.04% | #70 |
| 2011 | 33.06% | −10.41% | #67 |
Detected Pattern
Analysis
Bhutan matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Bhutan's government revenue was 28.40% in 2025. Ranked 85th globally. This represents a 5.3% increase from the previous year.
Bhutan's government revenue peaked at 46.90% in 1987.
The lowest government revenue in Bhutan was 22.76% in 2019.
Bhutan ranks 85th globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Bhutan's government revenue is projected to reach 28.40% by 2025 based on IMF projection.
The government revenue of Bhutan in 2025 was 28.40%. This ranks 85th in the world.
Cite this page
@misc{historysaid_bhutan_government-revenue,
title = {Bhutan Government Revenue},
url = {https://historysaid.com/bhutan/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}