Real interest rate in Bhutan
Bhutan: Real interest rate was 8.3% in 2025. ▲ Rising
Real interest rate in Bhutan, 1982–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Bhutan recorded 8.3% for real interest rate in 2025.
Compared with earlier readings it is up 48.6% on the previous year and down 26.4% over ten years.
Over the whole period, real interest rate in Bhutan peaked at 13.7% in 1987 and was at its lowest, -0.5%, in 2000.
That places Bhutan 35th out of 149 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Real interest rate in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 1982 | 7.2% | — |
| 1983 | 7.3% | +1.8% |
| 1984 | 4.4% | -40.0% |
| 1985 | 8.0% | +81.6% |
| 1986 | 7.3% | -8.6% |
| 1987 | 13.7% | +88.6% |
| 1988 | 0.0% | -99.8% |
| 1989 | 8.9% | +29005.5% |
| 1990 | 8.3% | -6.9% |
| 1991 | 5.6% | -32.8% |
| 1992 | 7.4% | +33.3% |
| 1993 | 7.8% | +5.5% |
| 1994 | 3.8% | -51.7% |
| 1995 | 7.1% | +88.7% |
| 1996 | 7.3% | +2.4% |
| 1997 | 2.7% | -62.4% |
| 1998 | 4.8% | +74.9% |
| 1999 | 9.3% | +93.2% |
| 2000 | -0.5% | -104.9% |
| 2001 | 10.0% | -2307.0% |
| 2002 | 9.8% | -2.0% |
| 2003 | 11.2% | +14.0% |
| 2004 | 10.2% | -8.5% |
| 2005 | 7.5% | -26.2% |
| 2006 | 7.0% | -7.5% |
| 2007 | 8.9% | +27.7% |
| 2008 | 7.8% | -12.2% |
| 2009 | 8.9% | +14.3% |
| 2010 | 5.2% | -42.2% |
| 2011 | 4.7% | -8.9% |
| 2012 | 4.9% | +5.0% |
| 2013 | 7.4% | +50.2% |
| 2014 | 7.9% | +5.9% |
| 2015 | 11.3% | +44.2% |
| 2016 | 9.7% | -14.3% |
| 2017 | 9.5% | -2.3% |
| 2018 | 12.7% | +33.9% |
| 2019 | 10.6% | -16.8% |
| 2020 | 8.3% | -21.7% |
| 2021 | 5.9% | -28.5% |
| 2022 | 7.8% | +31.0% |
| 2023 | 7.5% | -2.9% |
| 2024 | 5.6% | -25.5% |
| 2025 | 8.3% | +48.6% |
Bhutan compared with similar countries
- Bhutan's 8.3% is above the median for lower middle income countries, which is 5.2%, 1.6× the median. (38 countries reporting)
- Bhutan's 8.3% is above the median for South Asia, which is 7.1%, 1.2× the median. (5 countries reporting)
Biggest year-on-year movements
Years where Real interest rate in Bhutan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +29005.5% | 0.0% | 8.9% |
| 2001 | +2307.0% | -0.5% | 10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.1% | 0.0% | 13.7% | 8 |
| 1990s | 6.4% | 2.7% | 9.3% | 10 |
| 2000s | 8.1% | -0.5% | 11.2% | 10 |
| 2010s | 8.4% | 4.7% | 12.7% | 10 |
| 2020s | 7.2% | 5.6% | 8.3% | 6 |
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 real interest rate in Bhutan?
- Real interest rate in Bhutan was 8.3% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Bhutan?
- The highest recorded value was 13.7% in 1987.
- What is the lowest real interest rate recorded in Bhutan?
- The lowest recorded value was -0.5% in 2000.
- How does Bhutan rank for real interest rate?
- Bhutan ranks 35th out of 149 countries with data for 2025.
- Is real interest rate rising or falling in Bhutan?
- Over the last ten years it is down 26.4%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.