Bhutan - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Bhutan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Bhutan economy.


MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 68.73
69.38 70.13 70.9 71.67 74.85
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 8.00
percent
8.82 8.6 9.35 9.3 6.9
GDP 2.51
USD Billion
2.7 2.7 2.9 2.9 3.1
GDP per capita 2955.81
USD
3009 3009 3106 3106 3232
GDP per capita PPP 8708.60
USD
8914 8914 9152 9152 9502
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 2.50
percent
2.35 2.6 2.8 2.35 3
Population 0.81
Million
0.81 0.81 0.81 0.81 0.82
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 2.94
percent
3.5 4.8 3.8 4.2 3.3
Food Inflation 6.82
percent
6.98 7.08 7 6.96 6.95
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 6.00
percent
6 6 6 6 6
Deposit Interest Rate 4.00
percent
4 4 4 4 4
Money Supply M1 65052.30
BTN Million
68482 69677 70903 72127 84346
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -31136.40
Million BTN
-34237 -40000 -32997 -34045 -33000
Exports 36872.02
Million BTN
37004 40000 38568 38724 47000
Imports 68008.38
Million BTN
71241 80000 71565 72769 80000
Current Account -36341.50
BTN Million
-35624 -33250 -33453 -33656 -33199
Current Account to GDP -24.44
percent
-25 -25 -19 -19 -12
Tourism Revenues 10.20
USD Million
6.46 7.4 6.18 7.56 7.1
Terrorism Index 0.04
0.08 0.05 0.04 0.04 0.04
Tourist Arrivals 2049.00
2300 2700 2500 2600 2600
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 108.64
percent
124 124 110 110 100
Government Budget -4.10
percent of GDP
-2.48 -2.23 -1.06 0.11 -0.35
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 3426.37
KBps
3999 4092 4183 4275 5100
IP Addresses 3582.00
IP
3695 3697 3714 3728 3787
Ease of Doing Business 75.00
84 85 86 88 99
Competitiveness Index 4.10
Points
3.87 3.87 3.96 4 3.91
Competitiveness Rank 82.00
97 97 91 89 95
Corruption Index 67.00
Points
66 66 67 67 69
Corruption Rank 26.00
26 26 26 26 26
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Sales Tax Rate 50.00
percent
50 50 50 50 50
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 18.37
celsius
17.33 8.67 6.27 13.31 12.1