Private credit by deposit money banks to GDP in Bhutan
Bhutan: Private credit by deposit money banks to GDP was 71.7% in 2020. ◆ Volatile
Private credit by deposit money banks to GDP in Bhutan, 1983–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Bhutan recorded 71.7% for private credit by deposit money banks to gdp in 2020. That is the highest value across all 38 years on record.
That represents a change of up 11.6% on the previous year and up 69.0% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Bhutan peaked at 71.7% in 2020 and was at its lowest, 2.6%, in 1987.
That places Bhutan 47th out of 187 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Private credit by deposit money banks to GDP in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 1983 | 2.7% | — |
| 1984 | 3.2% | +16.4% |
| 1985 | 2.7% | -13.5% |
| 1986 | 2.8% | +1.7% |
| 1987 | 2.6% | -6.3% |
| 1988 | 3.1% | +16.9% |
| 1989 | 4.5% | +46.3% |
| 1990 | 4.3% | -4.2% |
| 1991 | 5.6% | +30.7% |
| 1992 | 6.8% | +22.1% |
| 1993 | 7.1% | +3.8% |
| 1994 | 8.9% | +25.6% |
| 1995 | 8.0% | -10.6% |
| 1996 | 7.0% | -12.7% |
| 1997 | 11.5% | +65.4% |
| 1998 | 9.8% | -14.7% |
| 1999 | 8.7% | -11.7% |
| 2000 | 9.2% | +5.7% |
| 2001 | 10.1% | +10.1% |
| 2002 | 11.9% | +17.8% |
| 2003 | 14.0% | +17.8% |
| 2004 | 16.5% | +17.8% |
| 2005 | 18.7% | +13.4% |
| 2006 | 22.2% | +18.6% |
| 2007 | 24.6% | +11.1% |
| 2008 | 31.1% | +26.3% |
| 2009 | 33.2% | +6.7% |
| 2010 | 42.4% | +27.8% |
| 2011 | 47.9% | +13.0% |
| 2012 | 46.8% | -2.4% |
| 2013 | 46.7% | -0.1% |
| 2014 | 45.0% | -3.7% |
| 2015 | 46.4% | +3.1% |
| 2016 | 48.2% | +3.8% |
| 2017 | 51.3% | +6.5% |
| 2018 | 58.1% | +13.3% |
| 2019 | 64.2% | +10.6% |
| 2020 | 71.7% | +11.6% |
Bhutan compared with similar countries
- Bhutan's 71.7% is above the median for lower middle income countries, which is 22.2%, 3.2× the median. (46 countries reporting)
- Bhutan's 71.7% is above the median for South Asia, which is 50.8%, 1.4× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.1% | 2.6% | 4.5% | 7 |
| 1990s | 7.8% | 4.3% | 11.5% | 10 |
| 2000s | 19.1% | 9.2% | 33.2% | 10 |
| 2010s | 49.7% | 42.4% | 64.2% | 10 |
| 2020s | 71.7% | 71.7% | 71.7% | 1 |
Countries ranked near Bhutan
More financial sector data for Bhutan
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.82 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.71 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.82 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is private credit by deposit money banks to gdp in Bhutan?
- Private credit by deposit money banks to gdp in Bhutan was 71.7% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Bhutan?
- The highest recorded value was 71.7% in 2020.
- What is the lowest private credit by deposit money banks to gdp recorded in Bhutan?
- The lowest recorded value was 2.6% in 1987.
- How does Bhutan rank for private credit by deposit money banks to gdp?
- Bhutan ranks 47th out of 187 countries with data for 2020.
- Is private credit by deposit money banks to gdp rising or falling in Bhutan?
- Over the last ten years it is up 69.0%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).