Bhutan's services, value added (constant LCU) was 126.2 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 98.77% from 63.49 billion in 2015 (7.11% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 126.2 billion | 2025 |
| Five years earlier | 84.58 billion | 2020 |
| Ten years earlier | 63.49 billion | 2015 |
| Highest | 126.2 billion | 2025 |
| Lowest | 4.05 billion | 1980 |
| Average since 2016 | 92.49 billion | 2016–2025 |
| First recorded | 4.05 billion |
What the numbers say
In 2025, Bhutan's services, value added (constant LCU) rose 12.4% on 2024 (from 112.23 billion to 126.2 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +7.9% and a typical year strayed about 4.8% from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 32.6% in 1990 and the biggest yearly fall was 7.6% 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 2016 to 2025 the straight-line trend is upward, about 5.57 billion a year. A straight line explains 92% 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 133.53 billion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 8.29 billion, against 18.28 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 2025, Bhutan had the 107th highest value of the 161 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 2025 ranking
What this measures
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 varies by country. This series is expressed in local currency units.
All 46 values
| Year | Services, value added (constant LCU) |
|---|---|
| 2025 | 126,200,990,000 |
| 2024 | 112,232,164,800 |
| 2023 | 103,151,864,400 |
| 2022 | 95,577,803,300 |
| 2021 | 89,475,718,900 |
| 2020 | 84,576,805,500 |
| 2019 | 91,561,500,200 |
| 2018 | 79,434,118,300 |
| 2017 | 72,967,777,100 |
| 2016 | 69,689,773,600 |
Services, value added (constant LCU) in nearby economies
- Bangladesh — 17.37 trillion (2025)
- India — 155 trillion (2025)
- Maldives — 81.7 billion (2025)
- Nepal — 1.37 trillion (2025)
- Sri Lanka — 7.68 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 services, value added (constant LCU)?
- 126.2 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 3,018% from 4.05 billion in 1980 (7.94% a year on average, compounded). The highest value was 126.2 billion in 2025 and the lowest 4.05 billion in 1980.
Source
World Bank, World Development Indicators, indicator NV.SRV.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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