Bhutan Debt to GDP Ratio 1990-2023

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Bhutan debt to gdp ratio for 2020 was 117.33%, a 19.84% increase from 2019.
  • Bhutan debt to gdp ratio for 2019 was 97.49%, a 3.71% decline from 2018.
  • Bhutan debt to gdp ratio for 2018 was 101.19%, a 0.1% decline from 2017.
  • Bhutan debt to gdp ratio for 2017 was 101.29%, a 0.51% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Bhutan 117.33%
Zambia 103.70%
Mongolia 73.94%
Kyrgyz Republic 72.23%
El Salvador 71.41%
Georgia 65.88%
Ukraine 58.72%
Papua New Guinea 48.68%
Indonesia 42.92%
Moldova 33.01%
Micronesia 25.40%
Solomon Islands 11.46%
Bhutan Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2020 117.33% 19.84%
2019 97.49% -3.71%
2018 101.19% -0.10%
2017 101.29% 0.51%
2016 100.78% 12.28%
2015 88.50% -4.61%
2014 93.11% -5.33%
2013 98.44% 24.20%
2012 74.24% 10.20%
2011 64.05% 7.83%
2010 56.21% -1.98%
2009 58.19% -3.72%
2008 61.91% -2.38%
2007 64.29% -12.54%
2006 76.83% -4.89%
2005 81.72% 4.26%
2004 77.46% 6.62%
2003 70.84% 12.72%
2002 58.12% -14.09%
2001 72.21% 31.73%
2000 40.48% 4.39%
1999 36.09% 5.01%
1998 31.08% -0.85%
1997 31.94% -5.92%
1996 37.85% 9.59%
1995 28.26% -6.18%
1994 34.44% -6.50%
1993 40.94% -6.54%
1992 47.48% -1.90%
1991 49.39% -3.96%
1990 53.35% -3.96%