Real GDP growth, %
Since 1995 · lighter bars = IMF projection
Macro
Bhutan
South Asia · Lower middle income · IMF WEO April 2026 · World Bank WDI
GDP▲ 10.4%
Current prices2025
3USD bn
GDP per capita▲ 10.1%
Current prices2025
4,394USD
Real GDP growth▲ 1.0 pp
Annual change2025
7.1%
Inflation▼ 1.7 pp
Average consumer prices2025
2.6%
Unemployment▼ 2.4 pp
Rate2023
3.5%
Government debt▼ 5.1 pp
General government, gross2025
103.6% of GDP
Current account▲ 1.6 pp
Balance2025
-18.9% of GDP
Population▲ 0.2%
Total2025
0.79million
Inflation, %
Average consumer prices · lighter bars = IMF projection
IMF outlook
IMF World Economic Outlook April 2026 · italics = IMF projection
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Real GDP growth % | -3.3 | 4.8 | 4.9 | 6.1 | 7.1 | 7.5 | 6.3 | 5.8 | 7.2 | 6.4 |
| Inflation, average consumer prices % | 8.2 | 5.9 | 4.5 | 4.3 | 2.6 | 4.0 | 4.3 | 4.0 | 4.0 | 4.0 |
| Unemployment rate % | 4.8 | 5.9 | 3.5 | – | – | – | – | – | – | – |
| GDP, current prices USD bn | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 5 | 5 | 6 |
| GDP per capita, current prices USD | 3,392 | 3,683 | 3,726 | 3,989 | 4,394 | 4,867 | 5,349 | 5,814 | 6,397 | 6,994 |
| GDP per capita, PPP Int. USD | 12,762 | 14,229 | 15,373 | 16,602 | 18,251 | 20,135 | 21,832 | 23,298 | 25,214 | 27,127 |
| General government gross debt % of GDP | 124.5 | 119.9 | 117.2 | 108.7 | 103.6 | 120.3 | 122.9 | 122.4 | 136.9 | 131.0 |
| General government net lending/borrowing % of GDP | -5.8 | -7.0 | -4.7 | -1.8 | -2.7 | -2.9 | -4.3 | -4.2 | -5.6 | -4.6 |
| Current account balance % of GDP | -11.2 | -29.5 | -35.0 | -20.4 | -18.9 | -19.3 | -21.9 | -21.7 | -20.6 | -19.8 |
| Population million | 0.77 | 0.78 | 0.78 | 0.79 | 0.79 | 0.79 | 0.79 | 0.80 | 0.81 | 0.81 |
Government debt, % of GDP
General government gross debt
Current account, % of GDP
Balance of payments
Economic structure
Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
| Year | Structure | Agriculture | Industry | Manufacturing | Services |
|---|---|---|---|---|---|
| 1995 | 27.8 | 34.0 | 10.8 | 34.3 | |
| 2005 | 18.0 | 34.0 | 6.6 | 43.0 | |
| 2015 | 12.0 | 38.5 | 7.3 | 43.7 | |
| 2025 | 13.7 | 33.2 | – | 53.2 |
Income, trade and society
World Bank WDI · change over 10 years
| Indicator | Latest | Unit | Year | 10Y change |
|---|---|---|---|---|
| GNI per capita, Atlas method | 4,310 | USD | 2025 | +57.3% |
| GNI, Atlas method | 3 | USD bn | 2025 | +69.1% |
| Exports of goods and services | 31.5 | % of GDP | 2024 | -2.7 pp |
| Imports of goods and services | 47.9 | % of GDP | 2024 | -5.9 pp |
| Life expectancy at birth | 73.3 | years | 2024 | +3.9% |
| Urban population | 43.4 | % of total | 2025 | +6.7 pp |
Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)