Bhutan Government Revenues to GDP

General government revenue as a percentage of GDP.

Government Revenues to GDP in Bhutan increased to 26.97 percent of GDP in 2024 from 24.12 percent of GDP in 2023.

27.0%
▲ +2.8 pp2024 · previous 24.1%Annual · percent of GDP · Source: IMF — Public Finances in Modern History

Bhutan Government Revenues to GDP — History

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Bhutan Government Revenues to GDP — analysis in simple words

Latest reading

Government Revenues to GDP in Bhutan increased to 26.97 percent of GDP in 2024 from 24.12 percent of GDP in 2023.

Over the last three years it rose once and fell twice.

Recent trend

A year earlier (2023) it was 24.1%, so the latest figure is 2.8 percentage points higher.

Over the past five years the average was 27.2%, with a range from 24.1% to 30.9%. The latest value is below that five-year average.

Historical context

This data series starts in 1987 and has 38 annual observations. The latest reading is higher than 13% of all of them.

The highest value on record is 46.9% (1987) and the lowest is 22.8% (2019). The long-run average is 33.2%.

Compared with other countries

Among 151 economies with recent data, Bhutan ranks 79th from the top. The median across all these economies is 27.2%, so Bhutan is below the typical country.

Within South Asia (5 economies with data) it ranks 2nd; the regional median is 20.5%.

Statistics

Latest
27.0%2024
Previous
24.1%
5-year average
27.2%
Long-run average
33.2%since 1987
All-time high
46.9%1987
All-time low
22.8%2019
Observations
38Annual

Recent Data

PeriodValueChange
202427.0%▲ +2.8 pp
202324.1%▼ −1.0 pp
202225.1%▼ −5.7 pp
202130.9%▲ +1.7 pp
202029.1%▲ +6.4 pp
201922.8%▼ −7.4 pp
201830.2%▲ +4.1 pp
201726.1%▼ −2.1 pp
201628.1%▲ +1.1 pp
201527.1%▼ −4.3 pp
201431.3%▲ +3.4 pp
201328.0%▼ −5.1 pp
201233.0%▼ −0.0 pp
201133.1%▼ −10.4 pp
201043.5%▲ +5.0 pp
200938.5%▲ +5.0 pp
200833.5%▼ −0.5 pp
200734.0%▲ +0.6 pp
200633.4%▲ +3.9 pp
200529.5%▼ −3.3 pp
200432.8%▲ +8.3 pp
200324.5%▼ −10.5 pp
200235.0%▼ −3.2 pp
200138.1%▼ −1.5 pp
200039.6%▲ +0.7 pp
199938.9%▲ +6.5 pp
199832.4%▼ −3.5 pp
199735.9%▼ −4.5 pp
199640.4%▲ +2.7 pp
199537.7%

Government Revenues to GDP — Bhutan vs Peers

Latest available reading for each economy (periods may differ). Bhutan highlighted.

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More Bhutan indicators

Understanding Government Revenues to GDP — a simple guide

What it measures

General government revenue as a percentage of GDP.

How it is calculated

Total government income (taxes, fees, other receipts) ÷ GDP × 100.

Simple example

20% means the government collects one-fifth of GDP.

▲ When it is high or rising

Higher revenue gives more room to spend without borrowing.

▼ When it is low or falling

Lower revenue limits spending capacity.

Why it matters for the economy and markets

Revenue capacity determines how much a state can spend without borrowing.

How to read it

Advanced economies typically collect a much larger share of GDP than emerging economies.

Data source

IMF — Public Finances in Modern History (series rev), annual data from 1987 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current government revenues to gdp of Bhutan?
Bhutan government revenues to gdp was 27.0% in 2024, compared with 24.1% in the previous period, according to IMF — Public Finances in Modern History.
What is the highest and lowest government revenues to gdp of Bhutan?
Since 1987, the highest reading was 46.9% (1987) and the lowest was 22.8% (2019).
What does government revenues to gdp measure?
General government revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.