Bhutan | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Bhutan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Bhutan economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 64.09 65.72 66.37 68.32 67.67 78.08 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 6.50 9.5 9.5 9.5 8.6 6.9 percent [+]
GDP 2.06 2.06 2.05 2.04 2.05 2.25 USD Billion [+]
GDP per capita 2668.10 2699 2725 2750 2770 3096 USD [+]
GDP per capita PPP 7861.00 7941 8015 8088 8136 9030 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 2.50 2.4 2.4 2.4 2.6 3 percent [+]
Population 0.77 0.77 0.78 0.78 0.78 0.8 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 3.71 5.1 5.5 5.3 5.6 3.3 percent [+]
Food Inflation 5.06 4.21 4.04 3.88 4.12 4.21 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 6.00 6 6 6 6 6 percent [+]
Deposit Interest Rate 4.00 4.06 4.16 4.27 4.23 4.11 percent [+]
Money Supply M1 51519.90 52394 53281 54189 55097 65072 BTN Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -35828.70 -36478 -39274 -38869 -38869 -36517 Million BTN [+]
Exports 32704.50 34211 33055 31899 32185 32789 Million BTN [+]
Imports 68533.20 69156 70942 72729 73629 82696 Million BTN [+]
Current Account -41211.80 -39993 -40496 -41000 -41210 -40004 BTN Million [+]
Current Account to GDP -31.20 -32.48 -30.95 -29.42 -29.74 -33.73 percent [+]
Tourism Revenues 2.10 5.65 7.77 6.21 7.27 7.06 USD Million [+]
Tourist Arrivals 2167.00 4196 5346 4532 5093 4864 [+]
Terrorism Index 0.12 0.22 0.2 0.18 0.17 0.16 [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 118.60 102 102 102 124 87 percent [+]
Government Budget -3.20 -0.94 -1.95 -2.95 -2.83 -1.67 percent of GDP [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 73.00 78 79 80 89 149 [+]
Competitiveness Index 3.87 3.79 3.79 3.79 3.81 3.79 Points [+]
Competitiveness Rank 97.00 103 103 103 107 105 [+]
Corruption Index 65.00 65 65 65 65 65 Points [+]
Corruption Rank 27.00 27 25 23 24 29 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Sales Tax Rate 50.00 50 50 50 50 50 percent [+]