Markets Actual Q1 Q2 Q3 Q4 2020
Currency 71.20 70.55 70.93 71.31 71.7 72.47
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 8.00 4.9 4.9 4.9 4.9 6.9
Unemployment Rate (%) 2.50 2.4 2.4 2.4 2.4 2.5
Inflation Rate (%) 2.70 3.8 4.3 4.5 4.6 4.8
Balance of Trade (BTN Million) -9979.30 -8900 -10100 -8300 -5000 -9000
Current Account (BTN Million ) -36341.50 -32500 -32500 -32500 -32500 -29500
Current Account to GDP (%) -24.44 -18.8 -18.8 -18.8 -18.8 -14.3
Government Debt to GDP (%) 108.64 110 110 110 110 100
Government Budget (% of GDP) -4.10 -1.1 -1.1 -1.1 -1.1 -0.3
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 8.00 4.9 4.9 4.9 4.9 6.9
GDP (USD Billion) 2.51 2.9 2.9 2.9 2.9 2.9
GDP per capita (USD) 2955.81 3106 3106 3106 3106 3232
GDP per capita PPP (USD) 8708.60 9152 9152 9152 9152 9502
GDP From Agriculture (BTN Million) 7786.00 8300 8300 8300 8300 8800
GDP From Construction (BTN Million) 9979.70 12500 12500 12500 12500 13400
GDP From Manufacturing (BTN Million) 5452.90 5800 5800 5800 5800 5950
GDP From Mining (BTN Million) 1927.30 2350 2350 2350 2350 2600
GDP From Public Administration (BTN Million) 4052.30 4500 4500 4500 4500 4700
GDP From Services (BTN Million) 25466.30 29800 29800 29800 29800 31000
GDP From Transport (BTN Million) 6563.90 7650 7650 7650 7650 8000
GDP From Utilities (BTN Million) 10469.30 10950 10950 10950 10950 11200
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 2.50 2.4 2.4 2.4 2.4 2.5
Population (Million) 0.81 0.83 0.83 0.83 0.83 0.84
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.70 3.8 4.3 4.5 4.6 4.8
Producer Prices (Index Points) 124.70 133 135 135 138 144
Producer Prices Change (%) 3.90 7.1 6.7 6.8 7.2 7.1
Consumer Price Index Cpi (Index Points) 138.90 141 141 145 148 155
Food Inflation (%) 3.80 4.74 6.6 6.9 6.1 6.5
Inflation Rate Mom (%) 0.70 0 0.1 2.6 1.8 1.5
Money Actual Q1 Q2 Q3 Q4 2020
Deposit Interest Rate (%) 4.00 4 4 4 4 4
Money Supply M1 (BTN Million) 64022.10 66798 66490 68060 67979 69825
Money Supply M2 (BTN Million) 113026.60 111900 114000 115300 117800 121000
Foreign Exchange Reserves (USD Million) 1107.00 1027 1022 1019 1010 1078
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (BTN Million) -9979.30 -8900 -10100 -8300 -5000 -9000
Current Account (BTN Million ) -36341.50 -32500 -32500 -32500 -32500 -29500
Current Account to GDP (%) -24.44 -18.8 -18.8 -18.8 -18.8 -14.3
Exports (BTN Million) 7329.20 8200 7500 9550 13100 10500
Imports (BTN Million) 17308.50 17100 17600 17850 18100 19500
Tourism Revenues (USD Million) 5.50 10.9 8.6 6.1 4.5 4.5
Tourist Arrivals 4352.00 1301 1430 1897 3997 3997
Foreign Direct Investment (BTN Million) 23.80 50.8 45.2 50.2 72.3 84.5
External Debt (USD Million) 2505.40 2920 2920 2920 2920 3200
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 108.64 110 110 110 110 100
Government Budget (% of GDP) -4.10 -1.1 -1.1 -1.1 -1.1 -0.3
Fiscal Expenditure (BTN Million) 54380.40 59900 59900 59900 59900 61700
Government Budget Value (BTN Million) -6490.40 1736 1736 1736 1736 1736
Government Revenues (BTN Million) 47890.10 50400 50400 50400 50400 52140
Taxes Actual Q1 Q2 Q3 Q4 2020
Sales Tax Rate (%) 50.00 50 50 50 50 50
Consumer Actual Q1 Q2 Q3 Q4 2020
Private Sector Credit (BTN Million) 15.40 16.2 16.2 16.2 16.2 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.