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Gross Capital Formation (USD) fell 15.6% to USD 1,364 bil in Bhutan in 2023

Gross Capital Formation (USD) (USD bil), 2023
Economy | Bhutan | September 1, 2025
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Gross capital formation fell 15.6% to USD 1,364 bil in Bhutan in 2023, according to the National Statistical Office.

Historically, gross capital formation in Bhutan reached an all time high of USD 1,617 bil in 2022 and an all time low of USD 40.6 bil in 1980. When compared to Bhutan's main peers, gross capital formation in Bangladesh amounted to USD 135,385 bil, USD 7,514,545 bil in China, USD 1,213,884 bil in India and USD 12,786 bil in Nepal in 2023.

Bhutan has been ranked 137th within the group of 153 countries we follow in terms of gross capital formation, 15 places above the position seen 10 years ago.

Gross Capital Formation (USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Bangladesh USD bil 102,266 113,145 117,085 129,122 147,460
Bhutan USD bil 1,395 1,261 960 1,229 1,617 ...
China USD bil 6,127,939 6,212,756 6,384,329 7,768,897 7,758,145 ...
India USD bil 874,214 853,410 773,631 1,017,195 1,124,936
Japan USD bil 1,292,568 1,319,915 1,274,839 1,301,346 1,141,299 ...
Myanmar USD bil ... ... ... ... 21,612 21,050 23,687 20,063 ... ... ...
Nepal USD bil 13,095 14,146 10,177 12,984 15,503
Pakistan USD bil 60,785 49,740 44,510 50,656 58,335
Russia USD bil 363,255 383,685 350,213 420,884 531,720
Sri Lanka USD bil 35,945 30,356 27,722 32,530 20,220
USA USD bil 4,455,419 4,667,673 4,573,797 5,051,971 5,708,454