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Bhutan · Government & public finance

Public debt, deficits, revenue, spending and taxation.

18 indicators · 12 with data

Debt

Debt / GDP

% of GDP

45th of 50 · 2nd in South Asia*
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Debt / GDPBhutan's debt / gdp rose from 49.4 % in 1991 to 111.0 % in 2020.1995200020052010201520200%20%40%60%80%100%120%111.0 %

Bhutan's debt / gdp rose from 49.4 % in 1991 to 111.0 % in 2020.

Gross debt / GDP

% of GDP

89th of 94 · 4th in South Asia
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Gross debt / GDPBhutan's gross debt / gdp rose from 36.8 % in 1996 to 103.6 % in 2025.2000200520102015202020250%50%100%103.6 %

Bhutan's gross debt / gdp rose from 36.8 % in 1996 to 103.6 % in 2025.

Interest payments (% of revenue)

% of revenue

20th of 134 · 1st in South Asia*
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Interest payments (% of revenue)Bhutan's interest payments (% of revenue) fell from 1.9 % in 1991 to 1.5 % in 2020.1995200020052010201520200%2%4%6%8%10%1.5 %

Bhutan's interest payments (% of revenue) fell from 1.9 % in 1991 to 1.5 % in 2020.

External debt stocks (% of GNI)

% of GNI

8th of 116 · 1st in South Asia
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External debt stocks (% of GNI)Bhutan's external debt stocks (% of gni) rose from 43.8 % in 1994 to 114.5 % in 2023.1995200020052010201520200%50%100%114.5 %

Bhutan's external debt stocks (% of gni) rose from 43.8 % in 1994 to 114.5 % in 2023.

Balance

Fiscal balance

% of GDP

45th of 97 · 2nd in South Asia
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Fiscal balanceBhutan's fiscal balance fell from 2.6 % in 1996 to -2.7 % in 2025.200020052010201520202025-15%-10%-5%0%5%-2.7 %

Bhutan's fiscal balance fell from 2.6 % in 1996 to -2.7 % in 2025.

Revenue & spending

Central gov. revenue

% of GDP

88th of 137 · 2nd in South Asia*
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Central gov. revenueBhutan's central gov. revenue rose from 17.9 % in 1991 to 20.0 % in 2020.19952000200520102015202014%16%18%20%22%24%20.0 %

Bhutan's central gov. revenue rose from 17.9 % in 1991 to 20.0 % in 2020.

Central gov. expense

% of GDP

91st of 136 · 2nd in South Asia*
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Central gov. expenseBhutan's central gov. expense rose from 20.4 % in 1991 to 24.1 % in 2020.19952000200520102015202014%16%18%20%22%24%26%24.1 %

Bhutan's central gov. expense rose from 20.4 % in 1991 to 24.1 % in 2020.

Gov. revenue

% of GDP

43rd of 97 · 2nd in South Asia
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Gov. revenueBhutan's gov. revenue fell from 40.4 % in 1996 to 27.8 % in 2025.20002005201020152020202520%25%30%35%40%45%27.8 %

Bhutan's gov. revenue fell from 40.4 % in 1996 to 27.8 % in 2025.

Gov. expenditure

% of GDP

46th of 97 · 2nd in South Asia
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Gov. expenditureBhutan's gov. expenditure fell from 37.9 % in 1996 to 30.5 % in 2025.2000200520102015202020250%20%40%60%30.5 %

Bhutan's gov. expenditure fell from 37.9 % in 1996 to 30.5 % in 2025.

Tax revenue

% of GDP

104th of 138 · 3rd in South Asia*
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Tax revenueBhutan's tax revenue rose from 5.2 % in 1991 to 12.3 % in 2020.1995200020052010201520200%5%10%15%20%12.3 %

Bhutan's tax revenue rose from 5.2 % in 1991 to 12.3 % in 2020.

Spending

Health spending

% of GDP

142nd of 192 · 3rd in South Asia
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Health spendingBhutan's health spending rose from 4.1 % in 2000 to 4.4 % in 2023.200020052010201520203%3%4%4%5%5%4.4 %

Bhutan's health spending rose from 4.1 % in 2000 to 4.4 % in 2023.

Education spending

% of GDP

15th of 121 · 1st in South Asia
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Education spendingBhutan's education spending rose from 1.9 % in 1971 to 5.8 % in 2023.198019902000201020200%2%4%6%8%5.8 %

Bhutan's education spending rose from 1.9 % in 1971 to 5.8 % in 2023.

›No data available (6)

These indicators exist in the registry but no source reports a value for Bhutan.

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