Private Sector Credit Statistics in Bhutan (2026)

Bhutan recorded domestic credit to the private sector of 68.4% of GDP in 2024, World Bank World Development Indicators data show. Down from 71.4% of GDP in 2023 to 68.4% of GDP in 2024 (−3 percentage points). Bhutan ranks #2 of 5 economies in South Asia on this measure, and #41 of 160 globally.

Latest value (2024)
68.4% of GDP (2024)
Private Sector Credit in Bhutan as of 2024, the most recent observation in World Bank World Development Indicators data.
Change since 2023
−3 pp (2024)
Down from 71.4% of GDP in 2023 to 68.4% of GDP in 2024 (−3 percentage points).
Earliest value in this dataset (1990)
4.3% of GDP (1990)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 4.3% of GDP in 1990 to 68.4% of GDP in 2024.
Peak value (2023)
71.4% of GDP (2023)
Highest value in the available series; the 2024 value is 68.4% of GDP.
Rank in South Asia
#2 of 5 (2024)
Bhutan ranks 2 of 5 countries in South Asia with data, based on each country's latest value.
Global rank
#41 of 160 (2024)
Bhutan ranks 41 of 160 countries with data globally.
South Asia average
54.4% of GDP (2024)
Bhutan (68.4% of GDP) is above the average of 54.4% of GDP across the 5 countries in South Asia with data.
Domestic credit to private sector by banks (% of GDP) (2024)
68.4% (2024)
Related indicator from World Bank World Development Indicators.
Outstanding loans from commercial banks, percent of GDP (2024)
74.9% (2024)
Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
Internet use in Bhutan (2024)
91.3% (2024)
91.3% of the population in Bhutan used the internet in 2024 (World Bank); shown for context only.
Population (2024)
791,524 (2024)
Bhutan had a population of 791,524 in 2024 (World Bank); shown for scale only.
Private Sector Credit in Bhutan by year (% of GDP)
Year % of GDP Change
2024 68.4%−3.0 pp
2023 71.4%+3.6 pp
2022 67.9%+3.0 pp
2021 64.9%−2.7 pp
2020 67.6%+8.2 pp
2019 59.4%+4.5 pp
2018 54.8%+6.5 pp
2017 48.3%+4.2 pp
2016 44.1%+1.6 pp
2015 42.5%+1.4 pp
2014 41.1%−1.1 pp
2013 42.2%−0.0 pp
2012 42.3%−0.8 pp
2011 43.1%+4.6 pp
2010 38.5%+7.7 pp
2009 30.8%+2.2 pp
2008 28.6%+6.3 pp
2007 22.3%+1.9 pp
2006 20.4%+3.2 pp
2005 17.2%+2.1 pp
2004 15.1%+2.7 pp
2003 12.4%+1.7 pp
2002 10.7%+1.3 pp
2001 9.4%+1.0 pp
2000 8.4%−0.2 pp
1999 8.7%−1.2 pp
1998 9.8%−1.7 pp
1997 11.5%+4.6 pp
1996 7%−1.0 pp
1995 8%−0.9 pp
1994 8.9%+1.8 pp
1993 7.1%+0.3 pp
1992 6.8%+1.2 pp
1991 5.6%+1.3 pp
1990 4.3%
Private Sector Credit in Bhutan, 1990–2024Line chart of 35 observations from 1990 to 2024. Values range from 4.3% to 71.4%; the series starts at 4.3% in 1990 and ends at 68.4% in 2024.0%20%40%60%80%19902000201020244.3%68.4%
Fig. 1 — Private Sector Credit in Bhutan, 1990–2024

Frequently asked questions

What is the latest figure for domestic credit to the private sector in Bhutan?

Domestic credit to the private sector in Bhutan stood at 68.4% of GDP in 2024, according to World Bank World Development Indicators data.

How has private sector credit in Bhutan changed over time?

World Bank World Development Indicators data show a rise from 4.3% of GDP in 1990 to 68.4% of GDP in 2024.

How does Bhutan compare with other countries in South Asia?

Bhutan ranks 2 of 5 countries in South Asia with data, with 68.4% of GDP versus a regional average of 54.4% of GDP (latest values per country).

Where does Bhutan rank globally on private sector credit?

Bhutan ranks 41 of 160 countries with data globally, based on the latest World Bank World Development Indicators value for each country.

Source: World Bank, World Development Indicators, indicator FS.AST.PRVT.GD.ZS, retrieved .

Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.

Last updated .