household debts in Bhutan

Gross debt in Bhutan

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Bhutan in the period from 1998 to 2021 was between 143.3 million and 3.4 billion USD. The highest level of the last years at three billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 4,325 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.

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Gross debt of the last 23 years in billion USD

YearBhutan totalBhutan per capitaEU per capita
19980.14 bn USD254 USD14,079 USD
19990.17 bn USD294 USD14,032 USD
20000.20 bn USD342 USD11,241 USD
20010.26 bn USD433 USD11,263 USD
20020.33 bn USD528 USD12,266 USD
20030.45 bn USD718 USD15,295 USD
20040.56 bn USD876 USD17,606 USD
20050.68 bn USD1,045 USD18,337 USD
20060.76 bn USD1,162 USD18,887 USD
20070.85 bn USD1,271 USD20,910 USD
20080.80 bn USD1,189 USD24,100 USD
20090.81 bn USD1,195 USD25,376 USD
20100.94 bn USD1,377 USD26,515 USD
20111.23 bn USD1,772 USD29,254 USD
20121.41 bn USD2,014 USD28,198 USD
20131.70 bn USD2,394 USD30,008 USD
20141.88 bn USD2,621 USD30,677 USD
20151.97 bn USD2,657 USD25,944 USD
20162.43 bn USD3,236 USD26,287 USD
20172.74 bn USD3,621 USD27,108 USD
20182.77 bn USD3,640 USD28,543 USD
20192.70 bn USD3,518 USD27,264 USD
20203.04 bn USD3,940 USD30,919 USD
20213.36 bn USD4,325 USD33,827 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Bhutan       European Union

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