Bhutan—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #95 of 192Updated August 2026
Latest Value
-5.0%
2031
YoY Change
-8.7%
2030 → 2031
Global Rank
#95
of 192 countries
Maximum
2.5%
2014
Minimum
-12.2%
2001
Last
-5.0%
Previous
-4.6%
Highest
2.5%
Lowest
-12.2%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Bhutan's fiscal balance (% of GDP) was -2.9% in 2026, ranking #95 out of 192 countries. This represents a -8.7% change from 2030. Over the past 27 years, the highest recorded value was 2.5% (2014) and the lowest was -12.2% (2001). The IMF WEO projects -5.0% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -5.0% | -8.7% |
| 2030 | -4.6% | +17.9% |
| 2029 | -5.6% | -33.3% |
| 2028 | -4.2% | +2.3% |
| 2027 | -4.3% | -48.3% |
| 2026 | -2.9% | -7.4% |
| 2025 | -2.7% | -50.0% |
| 2024 | -1.8% | +61.7% |
| 2023 | -4.7% | +32.9% |
| 2022 | -7.0% | -20.7% |
| 2021 | -5.8% | -222.2% |
| 2020 | -1.8% | -20.0% |
| 2019 | -1.5% | +0.0% |
| 2018 | -1.5% | +66.7% |
| 2017 | -4.5% | -95.7% |
| 2016 | -2.3% | -360.0% |
| 2015 | -0.5% | -120.0% |
| 2014 | 2.5% | +155.6% |
| 2013 | -4.5% | -114.3% |
| 2012 | -2.1% | +30.0% |
| 2011 | -3.0% | -257.9% |
| 2010 | 1.9% | +337.5% |
| 2009 | -0.8% | +69.2% |
| 2008 | -2.6% | -425.0% |
| 2007 | 0.8% | +900.0% |
| 2006 | -0.1% | +98.6% |
| 2005 | -7.0% | -488.9% |
| 2004 | 1.8% | +117.6% |
| 2003 | -10.2% | -137.2% |
| 2002 | -4.3% | +64.8% |
| 2001 | -12.2% | -258.8% |
| 2000 | -3.4% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -2.9% | -7.4% |
| 2027Forecast | -4.3% | -48.3% |
| 2028Forecast | -4.2% | +2.3% |
| 2029Forecast | -5.6% | -33.3% |
| 2030Forecast | -4.6% | +17.9% |
| 2031Forecast | -5.0% | -8.7% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP