Bhutan
- Capital
- Thimphu
- Region
- South Asia
- Income group
- Lower middle income
- Population
- 797,000 (2025)
At a glance
- Prices in Bhutan rose 3.6% in 2025, close to the middle of the range worldwide.
- Bhutan's economy grew 8.0% in 2025, faster than most economies.
- Output per person in Bhutan was US$4,493 in 2025, lower than in most countries.
- 3.2% of Bhutan's labour force had no job in 2025, a lower share than in most countries.
- Bhutan had 797,000 people in 2025: about less than 0.1% of everyone on Earth, the 165th largest population of 217 countries and territories.
- Bhutan had a current account deficit of 19.4% of GDP in 2024, lower than in most countries.
Inflation
2025Consumer prices, change over the year (yearly average)
Since 2000
Show the numbers
| Year | Bhutan | World median |
|---|---|---|
| 2025 | 3.6% | 3.0% |
| 2024 | 2.8% | 3.0% |
| 2023 | 4.2% | 5.7% |
| 2022 | 5.6% | 8.0% |
| 2021 | 7.4% | 3.5% |
| 2020 | 5.6% | 1.9% |
| 2019 | 2.7% | 2.2% |
| 2018 | 2.7% | 2.5% |
| 2017 | 5.0% | 2.3% |
| 2016 | 3.2% | 1.6% |
Economic growth
2025Real GDP, change over the year
Since 2000
Show the numbers
| Year | Bhutan | World median |
|---|---|---|
| 2025 | 8.0% | 3.4% |
| 2024 | 7.5% | 3.4% |
| 2023 | 4.6% | 3.2% |
| 2022 | 5.2% | 4.3% |
| 2021 | 4.4% | 5.1% |
| 2020 | −10.2% | −3.8% |
| 2019 | 5.8% | 2.8% |
| 2018 | 3.5% | 3.2% |
| 2017 | 2.1% | 3.3% |
| 2016 | 8.5% | 3.1% |
GDP per person
2025GDP divided by population, in US dollars at current prices
Since 2000
Show the numbers
| Year | Bhutan | World median |
|---|---|---|
| 2025 | US$4,493 | US$7,882 |
| 2024 | US$4,228 | US$7,853 |
| 2023 | US$3,831 | US$7,862 |
| 2022 | US$3,711 | US$7,656 |
| 2021 | US$3,571 | US$7,269 |
| 2020 | US$3,192 | US$6,433 |
| 2019 | US$3,577 | US$7,037 |
| 2018 | US$3,400 | US$6,978 |
| 2017 | US$3,435 | US$6,548 |
| 2016 | US$3,152 | US$5,982 |
Unemployment
2025Share of the labour force without a job (ILO modelled estimate)
Since 2000
Show the numbers
| Year | Bhutan | World median |
|---|---|---|
| 2025 | 3.2% | 5.1% |
| 2024 | 3.3% | 5.1% |
| 2023 | 3.1% | 5.2% |
| 2022 | 6.0% | 5.3% |
| 2021 | 4.8% | 6.0% |
| 2020 | 5.0% | 6.4% |
| 2019 | 2.7% | 5.4% |
| 2018 | 3.4% | 5.4% |
| 2017 | 3.0% | 5.6% |
| 2016 | 2.7% | 5.9% |
Population
2025Everyone living in the country, mid-year
Since 2000
Show the numbers
| Year | Bhutan |
|---|---|
| 2025 | 797,000 |
| 2024 | 792,000 |
| 2023 | 786,000 |
| 2022 | 781,000 |
| 2021 | 775,000 |
| 2020 | 770,000 |
| 2019 | 765,000 |
| 2018 | 760,000 |
| 2017 | 754,000 |
| 2016 | 748,000 |
Current account balance, % of GDP
Since 2006
Show the numbers
| Year | Bhutan | World median |
|---|---|---|
| 2024 | −19.4% | −1.3% |
| 2023 | −33.9% | −1.2% |
| 2022 | −27.8% | −3.0% |
| 2021 | −11.5% | −2.4% |
| 2020 | −15.5% | −1.7% |
| 2019 | −18.3% | −2.1% |
| 2018 | −18.5% | −2.9% |
| 2017 | −20.9% | −2.1% |
| 2016 | −26.4% | −2.8% |
| 2015 | −25.1% | −2.8% |
No recent World Bank figure for Bhutan: government debt.
About these figures
All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Bhutan since 2000 or since its first figure.
Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.