Bhutan
Government debt in Bhutan
Government debt in Bhutan: 60.2% of GDP in 1993 and 108.7% of GDP in 2024, by IMF estimates.
- Latest, 2024
- 108.7% of GDP
- Since 1993
- +48.5 percentage points
- Projected, 2031
- 115.5% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 115.5% of GDP in 2031.
- The highest was 124.5% of GDP in 2021, the lowest 33% of GDP in 1997.
Every year
% of GDP · IMF
| Year | Bhutan |
|---|---|
| 2024 | 108.7 |
| 2023 | 117.2 |
| 2022 | 119.9 |
| 2021 | 124.5 |
| 2020 | 116 |
| 2019 | 100.8 |
| 2018 | 103.4 |
| 2017 | 104.1 |
| 2016 | 103 |
| 2015 | 90.2 |
| 2014 | 89.8 |
| 2013 | 87.4 |
| 2012 | 71.5 |
| 2011 | 62.3 |
| 2010 | 55.8 |
| 2009 | 61 |
| 2008 | 60.6 |
| 2007 | 67.3 |
| 2006 | 80.1 |
| 2005 | 80.8 |
| 2004 | 76 |
| 2003 | 68.5 |
| 2002 | 57.7 |
| 2001 | 52.4 |
| 2000 | 44 |
| 1999 | 39.2 |
| 1998 | 36.4 |
| 1997 | 33 |
| 1996 | 36.9 |
| 1995 | 38.8 |
| 1994 | 53.2 |
| 1993 | 60.2 |
IMF projection (World Economic Outlook, October 2026) · 2025–2031
| Year | Bhutan |
|---|---|
| 2025 | 102.6 |
| 2026 | 116.2 |
| 2027 | 116.7 |
| 2028 | 115.7 |
| 2029 | 127.9 |
| 2030 | 122.1 |
| 2031 | 115.5 |
Good to know
- What the government owes, as a share of the economy’s yearly output.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Bhutan in numbers
Every measure for Bhutan on one page