Markets Actual Q3 Q4 Q1 Q2 2020
Currency 71.02 71.93 72.35 72.77 73.19 74.04
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 4.60 5.8 5.8 6.1 6.1 6.1
Unemployment Rate (%) 2.40 2.9 2.9 3.2 3.2 3.2
Inflation Rate (%) 3.90 3.7 3.9 4.1 4.5 4.1
Interest Rate (%) 7.04 7 6.5 7 7.5 8
Balance of Trade (BTN Million) -9251.80 -8300 -5000 -5000 -5000 -9000
Current Account (BTN Million ) -31306.95 -32500 -32500 -29500 -29500 -29500
Current Account to GDP (%) -18.20 -17 -17 -13.5 -13.5 -13.5
Government Debt to GDP (%) 110.10 110 110 105 105 105
Government Budget (% of GDP) -1.10 2 2 -0.5 -0.5 -0.5
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 4.60 5.8 5.8 6.1 6.1 6.1
GDP (USD Billion) 2.53 2.9 2.9 2.9 2.9 2.9
GDP per capita (USD) 3172.80 3106 3106 3232 3232 3232
GDP per capita PPP (USD) 9347.80 9152 9152 9502 9502 9502
GDP From Agriculture (BTN Million) 7786.00 8300 8300 8800 8800 8800
GDP From Construction (BTN Million) 9979.70 12500 12500 13400 13400 13400
GDP From Manufacturing (BTN Million) 5452.90 5800 5800 5950 5950 5950
GDP From Mining (BTN Million) 1927.30 2350 2350 2600 2600 2600
GDP From Public Administration (BTN Million) 4052.30 4500 4500 4700 4700 4700
GDP From Services (BTN Million) 25466.30 29800 29800 31000 31000 31000
GDP From Transport (BTN Million) 6563.90 7650 7650 8000 8000 8000
GDP From Utilities (BTN Million) 10469.30 10950 10950 11200 11200 11200
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 2.40 2.9 2.9 3.2 3.2 3.2
Population (Million) 0.81 0.83 0.82 0.83 0.83 0.83
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 3.90 3.7 3.9 4.1 4.5 4.1
Producer Prices (Index Points) 122.60 135 138 138 138 144
Producer Prices Change (%) -2.30 0.8 2.5 3 3 5
Consumer Price Index Cpi (Index Points) 141.30 145 148 148 148 155
Food Inflation (%) 4.80 6.9 6.1 6.1 6.1 6.5
Inflation Rate Mom (%) 0.40 2.6 1.8 1.8 1.8 1.5
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 7.04 7 6.5 7 7.5 8
Deposit Interest Rate (%) 2.00 1.96 1.46 1.96 2.46 2.96
Money Supply M2 (BTN Million) 117191.00 115300 117800 117800 117800 121000
Foreign Exchange Reserves (USD Million) 972.50 1019 1010 1010 1010 1078
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (BTN Million) -9251.80 -8300 -5000 -5000 -5000 -9000
Current Account (BTN Million ) -31306.95 -32500 -32500 -29500 -29500 -29500
Current Account to GDP (%) -18.20 -17 -17 -13.5 -13.5 -13.5
Exports (BTN Million) 8830.60 9550 13100 13100 13100 10500
Imports (BTN Million) 18082.40 17850 18100 18100 18100 19500
Tourism Revenues (USD Million) 7.10 6.1 4.5 4.5 4.5 4.5
Tourist Arrivals 5441.00 1897 3997 3997 3997 3997
Foreign Direct Investment (BTN Million) 237.80 50.2 72.3 72.3 72.3 84.5
External Debt (USD Million) 2642.10 2651 2795 2803 2803 2966
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 110.10 110 110 105 105 105
Government Budget (% of GDP) -1.10 2 2 -0.5 -0.5 -0.5
Taxes Actual Q3 Q4 Q1 Q2 2020
Sales Tax Rate (%) 50.00 50 50 50 50 50
Consumer Actual Q3 Q4 Q1 Q2 2020
Private Sector Credit (BTN Million) 15.70 16.2 16.2 15.5 15.5 15.5


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.