Inflation Bhutan 2021
Average inflation: 7.4%
Current Inflation
Inflation is very high at 7.4%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 9.5%. The lowest inflation was in September at 5.0%.
- Highest month
- February: 9.5%
- Lowest month
- September: 5.0%
- Difference
- 4.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 9.1%. The lowest price increase was in Food with an average of 9.1%.
- Highest increase
- Food: 9.1%
- Lowest increase
- Food: 9.1%
Historical Context
Current inflation is 2.7% higher than the 5-year average of 4.7%.
- 5-year average
- 4.7%
- 10-year average
- 5.7%
- All-time high (2013)
- 11.8%
- All-time low (2019)
- 2.7%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +1.8 percentage point.
- Change vs. previous year
- +1.8 percentage points
- Largest monthly swing
- February: +7.0 percentage points
ECB Target
Inflation is 5.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €107.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 9.0% | +6.6 |
| February | 9.5% | +7.0 |
| March | 9.1% | +5.8 |
| April | 8.8% | +4.2 |
| May | 8.7% | +4.5 |
| June | 7.4% | +2.9 |
| July | 5.2% | -2.4 |
| August | 5.3% | -2.1 |
| September | 5.0% | -3.0 |
| October | 6.5% | -1.2 |
| November | 7.3% | -0.2 |
| December | 6.9% | -0.8 |
| Average | 7.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.