Bhutan

Bhutan's income looks very different once prices are counted. GDP per capita of US$4,493 ranks 130th of 196, but local prices are low, and in PPP terms it reaches $19,594 international dollars, 103rd, or 27 places higher.

Real growth ran at +8.0% in 2025, ahead of the +7.0% rise in US$ GDP to US$3.6 billion. The economy held 167th place, between Aruba and Burundi, and is the 6th largest of 6 economies in South Asia.

Services make up 53.2% of output, industry 33.2% and agriculture 13.7%. Manufacturing accounted for 6.6% of GDP as of 2024. Inflation was 3.6% and unemployment 3.2%. Government gross debt stands at 102.6% of GDP, according to the IMF.

The economy is 7.8 times its 2000 size of US$461 million, when it ranked 177th. With a population of 796,682, it is about the size of the Sebring, FL metro area. The IMF projects GDP of US$6.0 billion by 2030, up 68%, which would lift Bhutan to 160th. Thimphu is the capital.