Bhutan recorded a Government Debt to GDP of 123.45 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Bhutan averaged 80.00 percent of GDP from 1993 until 2023, reaching an all time high of 132.42 percent of GDP in 2021 and a record low of 35.43 percent of GDP in 1997. source: IMF

Government Debt to GDP in Bhutan is expected to reach 122.00 percent of GDP by the end of 2024, 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 127.00 percent of GDP in 2025 and 130.00 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Fiscal Expenditure 69226.20 69156.60 BTN Million Dec 2022
Government Budget -7.80 -6.30 percent of GDP Dec 2022
Government Budget Value -11222.10 -15032.00 BTN Million Dec 2022
Government Debt to GDP 123.45 127.33 percent of GDP Dec 2023
Government Revenues 60468.80 54354.60 BTN Million Dec 2022
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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
123.45 127.33 132.42 35.43 1993 - 2023 percent of GDP Yearly