24_International reserves (excluding gold), per unit of GDP in Bhutan

Bhutan: 24_International reserves (excluding gold), per unit of GDP was 0.2592 excluding gold per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.2592 excluding gold per US$ of GDP
Change on year
up 17.2%
World rank
40th
of 174 countries
All-time high
0.7026 excluding gold per US$ of GDP
in 1999
All-time low
0.2211 excluding gold per US$ of GDP
in 2024
Years of data
36
1990–2025

24_International reserves (excluding gold), per unit of GDP in Bhutan, 1990–2025

0.20.30.40.50.60.71990200720251990: 0.315 excluding gold per US$ of GDP1991: 0.412 excluding gold per US$ of GDP1992: 0.43 excluding gold per US$ of GDP1993: 0.389 excluding gold per US$ of GDP1994: 0.43 excluding gold per US$ of GDP1995: 0.418 excluding gold per US$ of GDP1996: 0.451 excluding gold per US$ of GDP1997: 0.477 excluding gold per US$ of GDP1998: 0.553 excluding gold per US$ of GDP1999: 0.703 excluding gold per US$ of GDP2000: 0.654 excluding gold per US$ of GDP2001: 0.582 excluding gold per US$ of GDP2002: 0.582 excluding gold per US$ of GDP2003: 0.537 excluding gold per US$ of GDP2004: 0.56 excluding gold per US$ of GDP2005: 0.525 excluding gold per US$ of GDP2006: 0.501 excluding gold per US$ of GDP2007: 0.478 excluding gold per US$ of GDP2008: 0.481 excluding gold per US$ of GDP2009: 0.527 excluding gold per US$ of GDP2010: 0.52 excluding gold per US$ of GDP2011: 0.478 excluding gold per US$ of GDP2012: 0.414 excluding gold per US$ of GDP2013: 0.522 excluding gold per US$ of GDP2014: 0.493 excluding gold per US$ of GDP2015: 0.489 excluding gold per US$ of GDP2016: 0.527 excluding gold per US$ of GDP2017: 0.459 excluding gold per US$ of GDP2018: 0.408 excluding gold per US$ of GDP2019: 0.403 excluding gold per US$ of GDP2020: 0.517 excluding gold per US$ of GDP2021: 0.551 excluding gold per US$ of GDP2022: 0.354 excluding gold per US$ of GDP2023: 0.243 excluding gold per US$ of GDP2024: 0.221 excluding gold per US$ of GDP2025: 0.259 excluding gold per US$ of GDP

Source: Statizoid (derived). Measured in excluding gold per US$ of GDP.

Analysis

In 2025, 24_international reserves (excluding gold), per unit of gdp in Bhutan stood at 0.2592 excluding gold per US$ of GDP.

The figure is up 17.2% on the previous year and down 47.0% over ten years.

Over the whole period, 24_international reserves (excluding gold), per unit of gdp in Bhutan peaked at 0.7026 excluding gold per US$ of GDP in 1999 and was at its lowest, 0.2211 excluding gold per US$ of GDP, in 2024.

Bhutan ranks 40th of 174 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 36 years of available data.

24_International reserves (excluding gold), per unit of GDP in Bhutan, year by year

Annual values for 24_International reserves (excluding gold), per unit of GDP in Bhutan, 1990 to 2025.
Year excluding gold per US$ of GDP Change
1990 0.3148 excluding gold per US$ of GDP
1991 0.412 excluding gold per US$ of GDP +30.9%
1992 0.4299 excluding gold per US$ of GDP +4.3%
1993 0.3892 excluding gold per US$ of GDP -9.5%
1994 0.4302 excluding gold per US$ of GDP +10.5%
1995 0.4177 excluding gold per US$ of GDP -2.9%
1996 0.4509 excluding gold per US$ of GDP +7.9%
1997 0.4769 excluding gold per US$ of GDP +5.8%
1998 0.5526 excluding gold per US$ of GDP +15.9%
1999 0.7026 excluding gold per US$ of GDP +27.1%
2000 0.654 excluding gold per US$ of GDP -6.9%
2001 0.5821 excluding gold per US$ of GDP -11.0%
2002 0.5817 excluding gold per US$ of GDP -0.1%
2003 0.5368 excluding gold per US$ of GDP -7.7%
2004 0.5601 excluding gold per US$ of GDP +4.3%
2005 0.5249 excluding gold per US$ of GDP -6.3%
2006 0.5014 excluding gold per US$ of GDP -4.5%
2007 0.4776 excluding gold per US$ of GDP -4.7%
2008 0.4808 excluding gold per US$ of GDP +0.7%
2009 0.5274 excluding gold per US$ of GDP +9.7%
2010 0.5201 excluding gold per US$ of GDP -1.4%
2011 0.4777 excluding gold per US$ of GDP -8.2%
2012 0.4136 excluding gold per US$ of GDP -13.4%
2013 0.5221 excluding gold per US$ of GDP +26.2%
2014 0.4925 excluding gold per US$ of GDP -5.7%
2015 0.4894 excluding gold per US$ of GDP -0.6%
2016 0.527 excluding gold per US$ of GDP +7.7%
2017 0.459 excluding gold per US$ of GDP -12.9%
2018 0.4079 excluding gold per US$ of GDP -11.1%
2019 0.4034 excluding gold per US$ of GDP -1.1%
2020 0.5174 excluding gold per US$ of GDP +28.3%
2021 0.5507 excluding gold per US$ of GDP +6.4%
2022 0.3542 excluding gold per US$ of GDP -35.7%
2023 0.2427 excluding gold per US$ of GDP -31.5%
2024 0.2211 excluding gold per US$ of GDP -8.9%
2025 0.2592 excluding gold per US$ of GDP +17.2%

Bhutan compared with similar countries

  • Bhutan's 0.2592 excluding gold per US$ of GDP is above the median for lower middle income countries, which is 0.1198 excluding gold per US$ of GDP, 2.2× the median. (40 countries reporting)
  • Bhutan's 0.2592 excluding gold per US$ of GDP is above the median for South Asia, which is 0.1257 excluding gold per US$ of GDP, 2.1× the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4577 excluding gold per US$ of GDP 0.3148 excluding gold per US$ of GDP 0.7026 excluding gold per US$ of GDP 10
2000s 0.5427 excluding gold per US$ of GDP 0.4776 excluding gold per US$ of GDP 0.654 excluding gold per US$ of GDP 10
2010s 0.4713 excluding gold per US$ of GDP 0.4034 excluding gold per US$ of GDP 0.527 excluding gold per US$ of GDP 10
2020s 0.3576 excluding gold per US$ of GDP 0.2211 excluding gold per US$ of GDP 0.5507 excluding gold per US$ of GDP 6

Countries ranked near Bhutan

  1. 37 Moldova 0.267 excluding gold per US$ of GDP compare
  2. 38 Serbia 0.26 excluding gold per US$ of GDP compare
  3. 39 Jordan 0.2592 excluding gold per US$ of GDP compare
  4. 41 Jamaica 0.2566 excluding gold per US$ of GDP compare
  5. 42 Fiji 0.2477 excluding gold per US$ of GDP compare
  6. 43 Malaysia 0.2408 excluding gold per US$ of GDP compare

See the full ranking of 174 places →

More reference data data for Bhutan

All data for Bhutan →

Frequently asked questions

What is 24_international reserves (excluding gold), per unit of gdp in Bhutan?
24_international reserves (excluding gold), per unit of gdp in Bhutan was 0.2592 excluding gold per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest 24_international reserves (excluding gold), per unit of gdp recorded in Bhutan?
The highest recorded value was 0.7026 excluding gold per US$ of GDP in 1999.
What is the lowest 24_international reserves (excluding gold), per unit of gdp recorded in Bhutan?
The lowest recorded value was 0.2211 excluding gold per US$ of GDP in 2024.
How does Bhutan rank for 24_international reserves (excluding gold), per unit of gdp?
Bhutan ranks 40th out of 174 countries with data for 2025.
Is 24_international reserves (excluding gold), per unit of gdp rising or falling in Bhutan?
Over the last ten years it is down 47.0%. The long-run trend across the full record is falling.
Where does this Bhutan data come from?
The figures come from Statizoid (derived), published as part of 24_International reserves (excluding gold), per unit of GDP. Statizoid updates them automatically from the source API.

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24_International reserves (excluding gold), per unit of GDP in Bhutan. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/24-international-reserves-excluding-gold-per-unit-of-gdp/bhutan/

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How this figure is calculated

24_International reserves (excluding gold) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

24_International reserves (excluding gold) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
24_International reserves (excluding gold), per unit of GDP
Unit
excluding gold per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
174 places, 5,955 data points, 1990–2025
Last refreshed

24_International reserves (excluding gold) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.