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Economy of Bhutan vs Jordan compared: GDP & Debt

Updated on by Georank team

Bhutan has a GDP of $3.01B compared to $53.4B for Jordan, ranking 170/197 and 90/197 by economy size, respectively.

Bhutan has $3.53B in government debt (110.4% of GDP), compared to $48.1B (90.2% of GDP) in Jordan.

Bhutan vs Jordan GDP by year

Bhutan
Jordan
1x
Year GDP, current $
Bhutan Jordan
2024 - $53,352,289,577
2023 $3,012,896,789 $51,088,476,338
2022 $2,898,227,744 $48,764,963,380
2021 $2,768,802,960 $46,296,100,141
2020 $2,457,604,334 $43,700,383,099
2019 $2,735,683,570 $44,503,006,338
2018 $2,583,335,722 $43,370,860,704
2017 $2,591,358,009 $41,608,435,915
2016 $2,357,504,761 $39,892,551,127
2015 $2,187,815,803 $38,587,017,887
2014 $2,089,079,571 $36,847,643,521
2013 $1,943,696,952 $34,454,440,141
2012 $1,973,387,228 $31,634,561,690
2011 $1,977,728,659 $29,524,149,155
2010 $1,708,880,730 $27,133,804,225
2009 $1,331,343,798 $24,537,876,056
2008 $1,317,517,835 $22,658,715,989
2007 $1,255,767,964 $17,110,437,236
2006 $942,879,879 $15,056,981,664
2005 $860,391,000 $12,588,998,590
2004 $735,348,490 $11,411,706,629
2003 $651,935,430 $10,195,627,645
2002 $559,345,264 $9,582,510,578
2001 $496,110,226 $8,975,814,653
2000 $460,733,418 $8,460,789,845
1999 $399,311,200 $8,149,929,478
1998 $363,458,381 $7,912,270,804
1997 $352,229,077 $7,245,839,210
1996 $303,408,346 $6,927,503,526
1995 $290,490,984 $6,727,597,032
1994 $258,954,708 $6,236,295,978
1993 $225,973,693 $5,606,400,222
1992 $240,233,531 $5,310,833,194
1991 $240,294,286 $4,344,467,193
1990 $287,765,007 $4,160,087,508
1989 $264,798,626 $4,221,373,674
1988 $272,298,067 $6,277,451,829
1987 $242,742,766 $6,756,209,762
1986 $191,218,115 $6,402,050,485
1985 $163,288,815 $4,993,601,520
1984 $160,423,494 $4,967,162,160
1983 $156,704,290 $4,920,692,191
1982 $141,439,317 $4,681,240,993
1981 $139,174,178 $4,383,944,703
1980 $128,669,201 $3,910,044,474
1979 $105,377,995 $3,271,368,781
1978 $94,086,228 $2,602,208,589
1977 $97,884,434 $2,096,778,602
1976 $88,461,263 $1,708,521,219
1975 $86,820,762 $1,363,073,498
1974 $92,901,784 $1,197,483,949
1973 $78,900,289 $943,783,840
1972 $70,139,867 $788,479,685
1971 $66,289,450 $678,159,729
1970 $61,812,113 $639,519,744
1969 - $698,879,720
1968 - $561,119,776
1967 - $631,679,747
1966 - $657,999,737
1965 - $599,759,760

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

GeoRank.org/economy/bhutan/jordan | CC BY

GDP per capita in Bhutan vs Jordan by year

Bhutan
GDP per capita

GDP per capita, PPP
Jordan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bhutan Jordan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $4,618 $10,821
2023 $3,831 $16,215 $4,466 $10,412
2022 $3,711 $15,064 $4,332 $9,927
2021 $3,571 $13,459 $4,183 $9,182
2020 $3,192 $12,475 $4,022 $9,579
2019 $3,577 $12,909 $4,170 $9,429
2018 $3,400 $11,970 $4,145 $9,042
2017 $3,435 $11,677 $4,066 $9,266
2016 $3,152 $11,273 $3,987 $8,748
2015 $2,954 $10,214 $4,043 $8,967
2014 $2,849 $9,323 $4,191 $9,145
2013 $2,680 $8,667 $4,311 $9,817
2012 $2,751 $8,577 $4,170 $9,739
2011 $2,788 $7,935 $3,947 $9,632
2010 $2,436 $7,246 $3,718 $9,417
2009 $1,918 $6,466 $3,436 $9,291
2008 $1,920 $6,035 $3,242 $8,983
2007 $1,850 $5,729 $2,506 $8,416
2006 $1,406 $4,860 $2,343 $8,046
2005 $1,300 $4,523 $2,088 $7,697
2004 $1,130 $4,173 $1,940 $7,074
2003 $1,022 $3,942 $1,776 $6,500
2002 $896 $3,663 $1,706 $6,256
2001 $812 $3,338 $1,632 $5,948
2000 $772 $3,113 $1,571 $5,641
1999 $685 $3,017 $1,545 $5,402
1998 $638 $2,819 $1,532 $5,264
1997 $630 $2,683 $1,436 $5,171
1996 $553 $2,548 $1,410 $5,055
1995 $530 $2,374 $1,416 $5,027
1994 $467 $2,146 $1,367 $4,830
1993 $407 $2,001 $1,289 $4,726
1992 $416 $1,840 $1,287 $4,654
1991 $401 $1,657 $1,110 $4,195
1990 $488 $1,638 $1,149 $4,317
1989 $462 - $1,260 -
1988 $489 - $1,966 -
1987 $449 - $2,217 -
1986 $365 - $2,200 -
1985 $321 - $1,797 -
1984 $326 - $1,871 -
1983 $328 - $1,939 -
1982 $306 - $1,929 -
1981 $311 - $1,885 -
1980 $296.9 - $1,750 -
1979 $251.4 - $1,519 -
1978 $232.2 - $1,249 -
1977 $249.9 - $1,039 -
1976 $233.7 - $873 -
1975 $237.4 - $718 -
1974 $262.8 - $651 -
1973 $230.9 - $531 -
1972 $212.4 - $460 -
1971 $207.7 - $412 -
1970 $200.3 - $409 -
1969 - - $474 -
1968 - - $409 -
1967 - - $497 -
1966 - - $558 -
1965 - - $546 -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

GeoRank.org/economy/bhutan/jordan | CC BY

Bhutan's GDP per capita is $3,831, ranking 132/197, compared to $4,618 in Jordan, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Bhutan ranks 109th at $16,215, while Jordan ranks 131st at $10,821.

Economic indicators

Bhutan Jordan
Gross domestic product
$3.01B
2023
$53.4B
2024
GDP rank
170/197
2023
90/197
2024
GDP growth
4.63%
2022-2023
2.49%
2023-2024
GDP per capita
$3,831
2023
$4,618
2024
GDP per capita rank
132/197
2023
123/197
2024
GDP per capita, PPP
$16,215
2023
$10,821
2024
GDP per capita PPP rank
109/197
2023
131/197
2024
Government debt
$3.53B
2023
$48.1B
2024
Debt-to-GDP ratio
110.4%
2024
90.2%
2024
Government debt per person
$4,485
2023
$4,167
2024
Government debt per person rank
87/185
2023
91/185
2024
Average annual personal income after taxes
$5,506
2026
$4,787
2026
Market capitalization of domestic companies n/a
$24.9B
2024
Income share by richest 10%
22.7%
2022
27.4%
2010
Income share by poorest 10%
3.6%
2022
3.5%
2010
Government expenditure, % of GDP
27.1%
2024
33%
2024
Consumer prices inflation
4.3%
2023-2024
1.56%
2023-2024
Central bank interest rate n/a
5.75%
2025
Unemployment rate
3.28%
2024
16.6%
2023
Population
803385
11555022

Spending and national debt comparison by year

Bhutan
Spending

Debt
Jordan
Spending

Debt
1x
Year % of GDP
Bhutan Jordan
Government spending Government debt Government spending Government debt
2024 27.1% 110.4% 33% 90.2%
2023 28.8% 117.1% 32.9% 89%
2022 32.1% 119.9% 33.3% 88.6%
2021 36.6% 124.5% 34.1% 87.6%
2020 30.9% 116% 33.7% 104.5%
2019 24.2% 100.8% 32.4% 92.9%
2018 31.7% 103.4% 32% 87.4%
2017 30.6% 104.1% 29.6% 86.1%
2016 30.5% 103% 29.8% 85%
2015 27.5% 90.2% 31.7% 83.4%
2014 28.9% 89.8% 39.2% 78.6%
2013 32.5% 87.4% 36.4% 78.1%
2012 35.1% 71.5% 32.2% 73.8%
2011 36.1% 62.3% 27.4% 63.9%
2010 41.5% 55.8% 29.8% 59.5%
2009 39.3% 61% 35.9% 55.5%
2008 36.1% 60.6% 35.8% 53.2%
2007 33.2% 67.3% 37.7% 64.4%
2006 33.4% 80.1% 34.7% 65.6%
2005 36.4% 80.8% 37.3% 80.5%
2004 31% 76% 36.6% 86%
2003 34.7% 68.5% 36% 94.6%
2002 39.3% 57.7% 32.9% 91.3%
2001 50.3% 52.4% 32.1% 89.7%
2000 43% 44% 33.1% 85.6%
1999 40.2% 39.2% 32.7% 98.1%
1998 31.1% 36.4% 34.9% 99.8%
1997 37.8% 33% 33.9% 98.1%
1996 37.9% 36.8% 36.2% 104.9%
1995 38.6% 38.7% 35.5% 106.1%
1994 37.9% 53.2% 34.3% 116.2%
1993 35.2% 60.2% 36.4% 126.6%
1992 34.5% 35.6% 35.5% 139.6%
1991 30.8% 33.5% 44.9% 187%
1990 35.8% 27.4% 44% 204.8%
1989 46.8% 26.4% 42.5% 195.4%
1988 45.3% 24.7% 44.3% 129.3%
1987 47.5% 17.3% 42.1% 101.9%
1986 - - 33.8% 84.3%
1985 - - 42.4% 85.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1992, retrieved 2026-02-20).

GeoRank.org/economy/bhutan/jordan | CC BY

In 2024, Bhutan's government spending was $869M, accounting for 27.1% of its GDP, while Jordan spent $17.6B, or 33% of GDP.

Debt-to-GDP ratio is 110.4% in Bhutan and 90.2% in Jordan, ranking 17/185 and 32/185, respectively.

Government deficit by year

Deficit/surplus
Bhutan

Jordan
1x
Year Deficit/surplus, % of GDP
Bhutan Jordan
2024 -0.17% -7.33%
2023 -4.73% -6.89%
2022 -6.95% -6.8%
2021 -5.76% -8.45%
2020 -1.81% -10.1%
2019 -1.49% -7.19%
2018 -1.52% -5.78%
2017 -4.49% -3.61%
2016 -2.31% -3.71%
2015 -0.49% -7.1%
2014 2.46% -15.5%
2013 -4.55% -16.1%
2012 -2.1% -13.8%
2011 -3.02% -5.61%
2010 1.92% -5.43%
2009 -0.8% -8.66%
2008 -2.57% -5.38%
2007 0.79% -5.45%
2006 -0.07% -3.82%
2005 -6.96% -5.36%
2004 1.8% -1.09%
2003 -10.2% -2.52%
2002 -4.33% -4.44%
2001 -12.2% -2.77%
2000 -3.39% -3.99%
1999 -1.28% -2.69%
1998 1.28% -5.4%
1997 -1.92% -2.97%
1996 2.55% -3.25%
1995 -0.88% -1.72%
1994 -0.13% -2.3%
1993 4.71% -2.14%
1992 -3.47% 1.87%
1991 -0.48% -10.2%
1990 -7.21% -7.45%
1989 -10.1% -6.89%
1988 1.33% -13%
1987 -0.56% -13.4%
1986 - -2.39%
1985 - -6.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/bhutan/jordan | CC BY

In 2023, Bhutan's government deficit, the difference between spending and revenue, was $142M, equivalent to 4.73% of GDP. This compares to Jordan's deficit of $3.52B, or 6.89% of GDP.

Over the past 37 years, Bhutan recorded a fiscal deficit in 29 of those years, while Jordan ran a deficit in 36 years. On average, Bhutan posted an annual deficit equal to 2.4% of GDP, compared to deficit of 6.19% of GDP for Jordan.

Inflation comparison by year

Inflation
Bhutan

Jordan
1x
Year Consumer prices inflation
Bhutan Jordan
2024 4.3% 1.56%
2023 4.5% 2.08%
2022 5.9% 4.23%
2021 8.2% 1.35%
2020 3% 0.33%
2019 2.8% 0.76%
2018 3.6% 4.46%
2017 4.3% 3.32%
2016 3.3% -0.78%
2015 6.7% -0.88%
2014 9.6% 2.9%
2013 8.1% 4.82%
2012 10.1% 4.52%
2011 8.6% 4.16%
2010 4.8% 4.85%
2009 7.1% -0.74%
2008 6.3% 14%
2007 5.2% 4.74%
2006 4.9% 6.25%
2005 4.8% 3.49%
2004 3.3% 3.36%
2003 2.5% 1.63%
2002 2.9% 1.83%
2001 3.7% 1.77%
2000 7.2% 0.67%
1999 9.1% 0.61%
1998 7.6% 3.09%
1997 8.6% 3.04%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/bhutan/jordan | CC BY

Over the past 28 years, Bhutan has recorded an average annual inflation rate of 5.75%, compared with 2.91% in Jordan. In 2024, inflation was 4.3% in Bhutan and 1.56% in Jordan.

Balance of trade

Bhutan Jordan
Current account balance
-$670M
2024
-$3.13B
2024
Current account balance ranking
114/190
2024
158/190
2024
Current account balance, % of GDP
-32%
2023
-5.86%
2024
Goods imports
$1.29B
2024
$23.9B
2024
Goods exports
$656M
2024
$13.3B
2024
Service imports
$228M
2024
$6.5B
2024
Service exports
$288M
2024
$9.45B
2024
Imports of goods and services, % of GDP
53.3%
2023
57.1%
2024
Exports of goods and services, % of GDP
28.4%
2023
42.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Bhutan Jordan
Economic freedom 57.5 59.3
Economic freedom ranking 115/197 104/197
Property rights 69.2 52.3
Government integrity 72.2 51
Judicial effectiveness 61.8 44
Tax burden 83.4 84.1
Government spending 74.1 67.2
Fiscal health 25.8 5.2
Business freedom 67.8 62.7
Labor freedom 60.1 51.3
Monetary freedom 71.6 81.2
Trade freedom 63.4 82
Investment freedom 20 70
Financial freedom 20 60

Economic freedom comparison by year

Bhutan
Jordan
1x
Year Economic freedom index
Bhutan Jordan
2026 57.5 59.3
2025 57.5 59.4
2024 55.4 58.3
2023 59 58.8
2022 59.3 60.1
2021 58.3 64.6
2020 62.1 66
2019 62.9 66.5
2018 61.8 64.9
2017 58.4 66.7
2016 59.5 68.3
2015 57.4 69.3
2014 56.7 69.2
2013 55 70.4
2012 56.6 69.9
2011 57.6 68.9
2010 57 66.1
2009 57.7 65.4
2008 - 64.1
2007 - 64.5
2006 - 63.7
2005 - 66.7
2004 - 66.1
2003 - 65.3
2002 - 66.2
2001 - 68.3
2000 - 67.5
1999 - 67.4
1998 - 66.8
1997 - 63.6
1996 - 60.8
1995 - 62.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/bhutan/jordan | CC BY

The Economic Freedom Index for Bhutan is 57.5, ranking 115/197, compared to 59.3 for Jordan, ranking 104/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bhutan Jordan
Services, % of GDP
52.8%
2023
60.4%
2024
Industry, % of GDP
29.4%
2023
25.1%
2024
Agriculture, forestry, and fishing, % of GDP
15%
2023
5.07%
2024
GNI, Atlas method
$2.93B
2023
$51.2B
2024
GNI per capita, PPP
$15,320
2023
$10,570
2024
Total reserves including gold
$941M
2024
$21.9B
2024
Total reserves ranking
143/177
2024
60/177
2024
Net foreign direct investment
-$22.8M
2024
-$1.58B
2024
Net inflows of foreign direct investment
$2.82M
2024
$1.63B
2024
Net outflows of foreign direct investment
$0
2024
$54.1M
2024
Servicing debt to the IMF, % of GNI
4.96%
2023
8.64%
2024
Poverty at national poverty lines
12.4%
2022
14.2%
2020
Gross capital formation, % of GDP
45.3%
2023
25.2%
2021

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/bhutan/jordan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1992, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.