Military spending in Bhutan

Bhutan: Military spending was 31.32 million constant 2022 US$ in 2016. ▲ Rising

Latest (2016)
31.32 million constant 2022 US$
Change on year
up 1.4%
World rank
162nd
of 172 countries
All-time high
31.53 million constant 2022 US$
in 2001
All-time low
11.26 million constant 2022 US$
in 1981
Years of data
46
1971–2016

Military spending in Bhutan, 1971–2016

010.0M20.0M30.0M197119932016

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2016, military spending in Bhutan stood at 31.32 million constant 2022 US$.

Compared with earlier readings it is up 1.4% on the previous year and up 17.8% over ten years.

Over the whole period, military spending in Bhutan peaked at 31.53 million constant 2022 US$ in 2001 and was at its lowest, 11.26 million constant 2022 US$, in 1981.

Bhutan ranks 162nd of 172 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 46 years of available data.

Military spending in Bhutan, year by year

Annual values for Military spending in Bhutan, 1971 to 2016.
Year constant 2022 US$ Change
1971 18.41 million constant 2022 US$
1972 17.92 million constant 2022 US$ -2.7%
1973 16.51 million constant 2022 US$ -7.9%
1974 15.33 million constant 2022 US$ -7.1%
1975 15.18 million constant 2022 US$ -1.0%
1976 14.75 million constant 2022 US$ -2.9%
1977 14.14 million constant 2022 US$ -4.1%
1978 13.25 million constant 2022 US$ -6.3%
1979 12.96 million constant 2022 US$ -2.2%
1980 11.99 million constant 2022 US$ -7.5%
1981 11.26 million constant 2022 US$ -6.1%
1982 11.49 million constant 2022 US$ +2.0%
1983 11.36 million constant 2022 US$ -1.1%
1984 11.43 million constant 2022 US$ +0.6%
1985 11.28 million constant 2022 US$ -1.3%
1986 12.98 million constant 2022 US$ +15.0%
1987 13.29 million constant 2022 US$ +2.4%
1988 15.02 million constant 2022 US$ +13.0%
1989 15.84 million constant 2022 US$ +5.5%
1990 15.92 million constant 2022 US$ +0.5%
1991 16.97 million constant 2022 US$ +6.6%
1992 19.52 million constant 2022 US$ +15.0%
1993 20.42 million constant 2022 US$ +4.6%
1994 22.23 million constant 2022 US$ +8.9%
1995 23.32 million constant 2022 US$ +4.9%
1996 24.56 million constant 2022 US$ +5.3%
1997 25.57 million constant 2022 US$ +4.1%
1998 28.96 million constant 2022 US$ +13.2%
1999 29.16 million constant 2022 US$ +0.7%
2000 30.14 million constant 2022 US$ +3.4%
2001 31.53 million constant 2022 US$ +4.6%
2002 29.11 million constant 2022 US$ -7.7%
2003 29.20 million constant 2022 US$ +0.3%
2004 30.66 million constant 2022 US$ +5.0%
2005 27.88 million constant 2022 US$ -9.1%
2006 26.60 million constant 2022 US$ -4.6%
2007 26.64 million constant 2022 US$ +0.2%
2008 27.63 million constant 2022 US$ +3.7%
2009 27.33 million constant 2022 US$ -1.1%
2010 27.95 million constant 2022 US$ +2.3%
2011 29.97 million constant 2022 US$ +7.2%
2012 30.20 million constant 2022 US$ +0.8%
2013 29.60 million constant 2022 US$ -2.0%
2014 31.53 million constant 2022 US$ +6.5%
2015 30.89 million constant 2022 US$ -2.0%
2016 31.32 million constant 2022 US$ +1.4%

Bhutan compared with similar countries

  • Bhutan's 31.32 million constant 2022 US$ is below the median for lower middle income countries, which is 485.52 million constant 2022 US$, 6% of the median. (42 countries reporting)
  • Bhutan's 31.32 million constant 2022 US$ is below the median for South Asia, which is 1.03 billion constant 2022 US$, 3% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.38 million constant 2022 US$ 12.96 million constant 2022 US$ 18.41 million constant 2022 US$ 9
1980s 12.59 million constant 2022 US$ 11.26 million constant 2022 US$ 15.84 million constant 2022 US$ 10
1990s 22.66 million constant 2022 US$ 15.92 million constant 2022 US$ 29.16 million constant 2022 US$ 10
2000s 28.67 million constant 2022 US$ 26.60 million constant 2022 US$ 31.53 million constant 2022 US$ 10
2010s 30.21 million constant 2022 US$ 27.95 million constant 2022 US$ 31.53 million constant 2022 US$ 7

Countries ranked near Bhutan

  1. 159 Lesotho 44.77 million constant 2022 US$ compare
  2. 160 Liberia 39.49 million constant 2022 US$ compare
  3. 161 Belize 32.73 million constant 2022 US$ compare
  4. 163 Guinea-Bissau 29.97 million constant 2022 US$ compare
  5. 164 Mauritius 28.93 million constant 2022 US$ compare
  6. 165 Sierra Leone 28.24 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Bhutan

All data for Bhutan →

Frequently asked questions

What is military spending in Bhutan?
Military spending in Bhutan was 31.32 million constant 2022 US$ in 2016, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Bhutan?
The highest recorded value was 31.53 million constant 2022 US$ in 2001.
What is the lowest military spending recorded in Bhutan?
The lowest recorded value was 11.26 million constant 2022 US$ in 1981.
How does Bhutan rank for military spending?
Bhutan ranks 162nd out of 172 countries with data for 2016.
Is military spending rising or falling in Bhutan?
Over the last ten years it is up 17.8%. The long-run trend across the full record is rising.
Where does this Bhutan data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Bhutan. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/bhutan/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.