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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 2020 was between 142.1 million and 2.8 billion USD. The highest level of the last years at three billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 3,634 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.


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Gross debt of the last 22 years in billion USD




YearBhutan totalBhutan per capitaEU per capita
19980.14 bn USD252 USD14,079 USD
19990.17 bn USD291 USD14,032 USD
20000.20 bn USD340 USD11,232 USD
20010.26 bn USD430 USD11,255 USD
20020.32 bn USD524 USD12,258 USD
20030.45 bn USD710 USD15,286 USD
20040.56 bn USD876 USD17,595 USD
20050.69 bn USD1,071 USD18,327 USD
20060.75 bn USD1,137 USD18,877 USD
20070.84 bn USD1,260 USD20,898 USD
20080.80 bn USD1,189 USD24,086 USD
20090.81 bn USD1,195 USD25,361 USD
20100.94 bn USD1,377 USD26,496 USD
20111.23 bn USD1,772 USD29,231 USD
20121.41 bn USD2,015 USD28,174 USD
20131.80 bn USD2,529 USD29,981 USD
20141.88 bn USD2,621 USD30,648 USD
20151.97 bn USD2,657 USD25,918 USD
20162.53 bn USD3,377 USD26,261 USD
20172.74 bn USD3,621 USD27,024 USD
20182.70 bn USD3,547 USD28,448 USD
20192.70 bn USD3,522 USD27,168 USD
20202.81 bn USD3,634 USD30,783 USD


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



      Bhutan       European Union


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