Bhutan Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Bhutan's gross savings was 40.34% in 2025, ranked 5th globally. This represents a 90.9% increase from 2024. Data from World Bank, covering 1981–2025.
Overview
Bhutan's gross savings stood at 40.34% in 2025, a rise of +19.21% from 2024. The IMF projects 40.34% by 2025. Bhutan ranked 5th globally.
Bhutan’s gross savings rate has risen dramatically since the early 1980s, climbing from a trough of 6.77 percent in 1981 to an all‑time peak of 58.35 percent in 1996, before settling at 40.34 percent in 2025, which ranks the kingdom fifth worldwide. This long‑term accumulation reflects sustained fiscal discipline and strong public‑sector investment, especially during the rapid economic expansion of the 1990s that lifted the savings share well above the levels of many advanced economies. By comparison, China posted a gross savings rate of 42.12 percent and Norway 40.08 percent in the same year, placing Bhutan slightly ahead of these peers despite its much smaller economy. The 45‑year coverage shows that the savings trajectory has remained upward‑sloping after the 1996 high, suggesting that continued diversification of exports and prudent macro‑policy could keep the rate near the current high‑40s, barring external shocks or major fiscal rebalancing.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 30.69% | - | - |
| 2029* IMF | 28.41% | - | - |
| 2028* IMF | 31.77% | - | - |
| 2027* IMF | 28.86% | - | - |
| 2026* IMF | 36.07% | - | - |
| 2025* IMF | 40.34% | - | - |
| 2025 | 40.34% | +19.21% | #5 |
| 2024 | 21.13% | +7.85% | #99 |
| 2023 | 17.61% | −3.23% | #124 |
| 2022 | 21.04% | −9.69% | #101 |
| 2021 | 23.96% | −3.92% | #83 |
| 2020 | 24.44% | −6.25% | #67 |
| 2019 | 30.79% | −5.88% | #40 |
| 2018 | 31.91% | −1.38% | #31 |
| 2017 | 32.91% | +5.50% | #25 |
| 2016 | 32.50% | +1.54% | #20 |
| 2015 | 27.07% | −7.98% | #50 |
| 2014 | 35.14% | −8.01% | #27 |
| 2013 | 43.99% | −5.14% | #12 |
| 2012 | 50.69% | +19.95% | #8 |
| 2011 | 42.44% | +6.11% | #18 |
Detected Pattern
Analysis
Bhutan matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Bhutan's gross savings was 40.34% in 2025. Ranked 5th globally. This represents a 90.9% increase from the previous year.
Bhutan's gross savings peaked at 58.36% in 1996.
The lowest gross savings in Bhutan was 6.77% in 1981.
Bhutan ranks 5th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Bhutan's gross savings is projected to reach 40.34% by 2025 based on IMF projection.
The gross savings of Bhutan in 2025 was 40.34%. This ranks 5th in the world.
Cite this page
@misc{historysaid_bhutan_gross-savings,
title = {Bhutan Gross Savings},
url = {https://historysaid.com/bhutan/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}