Bhutan recorded a Government Debt to GDP of 102.88 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Bhutan averaged 76.01 percent of GDP from 1993 until 2025, reaching an all time high of 123.28 percent of GDP in 2021 and a record low of 32.98 percent of GDP in 1997. source: IMF

Government Debt to GDP in Bhutan is expected to reach 103.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bhutan Government Debt to GDP is projected to trend around 104.00 percent of GDP in 2027 and 106.90 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 89391.70 74523.00 BTN Million Dec 2024
Government Budget -2.50 -0.20 percent of GDP Dec 2025
Government Budget Value -8000.70 -4731.20 BTN Million Dec 2024
Government Debt to GDP 102.88 107.78 percent of GDP Dec 2025
Government Revenues 81466.20 70195.10 BTN Million Dec 2024
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Bhutan Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
102.88 107.78 123.28 32.98 1993 - 2025 percent of GDP Yearly