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Government debt

Bhutan

Bhutan. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 2025102.6%History / IMF estimates
Debt, US$ bn · 20253.6History / IMF estimates
Per person, US$ · 20254,553History / IMF estimates
GDP, US$ bn · 20253.5History / IMF estimates

What the figures show

History / IMF estimates

Bhutan: IMF data and estimates put government debt at 102.6% of GDP in 2025. The derived debt amount is US$ 3.6 billion.

  • The debt-to-GDP ratio is 6.1 percentage points below its 2024 level.
  • This is above the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio increases by 12.4 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time038751131502000200520102015202020252031Bhutan · 2000: 44.0% — History / IMF estimatesBhutan · 2001: 52.4% — History / IMF estimatesBhutan · 2002: 57.7% — History / IMF estimatesBhutan · 2003: 68.5% — History / IMF estimatesBhutan · 2004: 76.0% — History / IMF estimatesBhutan · 2005: 80.8% — History / IMF estimatesBhutan · 2006: 80.1% — History / IMF estimatesBhutan · 2007: 67.3% — History / IMF estimatesBhutan · 2008: 60.6% — History / IMF estimatesBhutan · 2009: 61.0% — History / IMF estimatesBhutan · 2010: 55.8% — History / IMF estimatesBhutan · 2011: 62.3% — History / IMF estimatesBhutan · 2012: 71.5% — History / IMF estimatesBhutan · 2013: 87.4% — History / IMF estimatesBhutan · 2014: 89.8% — History / IMF estimatesBhutan · 2015: 90.2% — History / IMF estimatesBhutan · 2016: 103.0% — History / IMF estimatesBhutan · 2017: 104.1% — History / IMF estimatesBhutan · 2018: 103.4% — History / IMF estimatesBhutan · 2019: 100.8% — History / IMF estimatesBhutan · 2020: 116.0% — History / IMF estimatesBhutan · 2021: 124.5% — History / IMF estimatesBhutan · 2022: 119.9% — History / IMF estimatesBhutan · 2023: 117.2% — History / IMF estimatesBhutan · 2024: 108.7% — History / IMF estimatesBhutan · 2025: 102.6% — History / IMF estimatesBhutan · 2026: 116.2% — IMF estimate / projectionBhutan · 2027: 116.7% — IMF projectionBhutan · 2028: 115.7% — IMF projectionBhutan · 2029: 127.9% — IMF projectionBhutan · 2030: 122.1% — IMF projectionBhutan · 2031: 115.5% — IMF projection
Chart data table
YearBhutan (%)Source
2031115.5IMF projection
2030122.1IMF projection
2029127.9IMF projection
2028115.7IMF projection
2027116.7IMF projection
2026116.2IMF estimate / projection
2025102.6History / IMF estimates
2024108.7History / IMF estimates
2023117.2History / IMF estimates
2022119.9History / IMF estimates
2021124.5History / IMF estimates
2020116.0History / IMF estimates
2019100.8History / IMF estimates
2018103.4History / IMF estimates
2017104.1History / IMF estimates
2016103.0History / IMF estimates
201590.2History / IMF estimates
201489.8History / IMF estimates
201387.4History / IMF estimates
201271.5History / IMF estimates
201162.3History / IMF estimates
201055.8History / IMF estimates
200961.0History / IMF estimates
200860.6History / IMF estimates
200767.3History / IMF estimates
200680.1History / IMF estimates
200580.8History / IMF estimates
200476.0History / IMF estimates
200368.5History / IMF estimates
200257.7History / IMF estimates
200152.4History / IMF estimates
200044.0History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data