Bhutan's gross national expenditure (current LCU) was 325.85 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 113.78% from 152.43 billion in 2014 (7.89% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 325.85 billion | 2024 |
| Five years earlier | 218.09 billion | 2019 |
| Ten years earlier | 152.43 billion | 2014 |
| Highest | 325.85 billion | 2024 |
| Lowest | 5.52 billion | 1990 |
| Average since 2015 | 240.4 billion | 2015–2024 |
| First recorded | 5.52 billion |
What the numbers say
In 2024, Bhutan's gross national expenditure (current LCU) rose 4.8% on 2023 (from 310.98 billion to 325.85 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +13.2% and a typical year strayed about 8.4% from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 31.2% in 2010 and the biggest yearly fall was 5.8% in 2006. 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 16.72 billion a year. A straight line explains 88% 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.
A straight-line projection, tested first
Extending that straight line gives about 363.81 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 46.94 billion, against 70.54 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Bhutan had the 18th highest value of the 38 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
- Zambia — 15th of 38: 559.46 billion
- New Zealand — 16th of 38: 436.87 billion
- Bolivia — 17th of 38: 394.81 billion
- Tajikistan — 19th of 38: 212.47 billion
- Vanuatu — 20th of 38: 189.76 billion
- Maldives — 21st of 38: 108.72 billion
What this measures
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 35 values
| Year | Gross national expenditure (current LCU) |
|---|---|
| 2024 | 325,853,133,800 |
| 2023 | 310,980,349,600 |
| 2022 | 306,576,975,200 |
| 2021 | 243,929,213,100 |
| 2020 | 210,696,606,100 |
| 2019 | 218,093,670,100 |
| 2018 | 214,410,793,900 |
| 2017 | 202,327,756,600 |
| 2016 | 193,484,518,900 |
| 2015 | 177,640,091,800 |
Gross national expenditure (current LCU) in nearby economies
- Bangladesh — 58.77 trillion (2025)
- India — 352.53 trillion (2025)
- Maldives — 108.72 billion (2024)
- Nepal — 7.6 trillion (2025)
- Sri Lanka — 34.02 trillion (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
Questions people ask
- What is Bhutan's gross national expenditure (current LCU)?
- 325.85 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 5,807% from 5.52 billion in 1990 (12.75% a year on average, compounded). The highest value was 325.85 billion in 2024 and the lowest 5.52 billion in 1990.
Source
World Bank, World Development Indicators, indicator NE.DAB.TOTL.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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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