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Government Finance of Bhutan

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

11.0% 44.2% 42.1%
  • Personal income taxes: 11.0%
  • Corporate income taxes: 44.2%
  • Property taxes: 2.7%
  • Goods and services taxes: 42.1%
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Personal income taxes
11.0%
Corporate income taxes
44.2%
Property taxes
2.7%
Goods and services taxes
42.1%

Source: OECD Global Revenue Statistics Database, 2023.

Government Debt

Government Gross Debt (% of GDP) 120.3% #11 / 184 2026
Government Gross Debt (Local currency - BTN) 394B - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - BTN) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -2.9% #92 / 189 2026
Fiscal Balance (Local currency - BTN) -9.43B - 2026
Primary Fiscal Balance (% of GDP) -1% #90 / 182 2026
Primary Fiscal Balance (Local currency - BTN) -3.35B - 2026

Revenue and Spending

Government Revenue (% of GDP) 32.1% #63 / 189 2026
Government Revenue (Local currency - BTN) 105B - 2026
Government Spending (% of GDP) 35% #71 / 189 2026
Government Spending (Local currency - BTN) 114B - 2026

International Reserves

Total Reserves (USD) 941M #134 / 163 2024

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