Bhutan: GNI per capita, PPP (constant 2021 international $)

Key figures

What the numbers say

In 2024, Bhutan's GNI per capita, PPP (constant 2021 international $) rose 1,279 on 2023 (from 13,206 to 14,485).

Across the 30 yearly changes before that (1994 to 2023), the average change was +328.83 and a typical year strayed about 360.2 from that (the standard deviation). This year's change was 2.6 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 1,279 in 2024 and the biggest yearly fall was 927.62 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 167.03 a year. A straight line explains 53% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Bhutan had the 34th highest value of the 48 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Bhutan in the 2024 ranking

• Palau — 30th of 48: 18,498
• Botswana — 31st of 48: 17,803
• Iran, Islamic Rep. — 32nd of 48: 16,077
• Belize — 34th of 48: 12,098
• Iraq — 35th of 48: 11,973
• Bolivia — 36th of 48: 10,948

What this measures

This indicator provides values for gross national income (GNI) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 35 values

GNI per capita, PPP (constant 2021 international $) in nearby economies

• Bangladesh — 9,153 (2025)
• India — 9,910 (2025)
• Maldives — 20,960 (2024)
• Nepal — 5,351 (2025)
• Sri Lanka — 14,291 (2025)

More economic policy & debt data for Bhutan

• Grants, excluding technical cooperation (BoP, current US$) — US$40.14 million (2023)
• Net bilateral aid flows from DAC donors, Total (current US$) — US$77.45 million (2023)
• Net official development assistance and official aid received (current US$) — US$156.84 million (2023)
• Net official development assistance and official aid received (constant 2023 US$) — US$156.84 million (2023)
• Net official development assistance received (current US$) — US$156.84 million (2023)
• Net official development assistance received (constant 2023 US$) — US$156.84 million (2023)
• Net ODA received per capita (current US$) — US$199.44 (2023)
• Net bilateral aid flows from DAC donors, Japan (current US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Bhutan's GNI per capita, PPP (constant 2021 international $)?

14,485 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 347.16% from 3,239 in 1990 (4.5% a year on average, compounded). The highest value was 14,485 in 2024 and the lowest 3,083 in 1991.

How does Bhutan rank?

34th highest of 48 economies with data for 2024.

Is the latest change in GNI per capita, PPP (constant 2021 international $) unusual for Bhutan?

In 2024, Bhutan's GNI per capita, PPP (constant 2021 international $) rose 1,279 on 2023 (from 13,206 to 14,485). Across the 30 yearly changes before that (1994 to 2023), the average change was +328.83 and a typical year strayed about 360.2 from that (the standard deviation). This year's change was 2.6 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator NY.GNP.PCAP.PP.KD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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