Bhutan - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Bhutan was 189.57 as of 2021. As the graph below shows, over the past 41 years this indicator reached a maximum value of 189.57 in 2021 and a minimum value of 13.94 in 1980.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1980 13.94
1981 15.33
1982 16.84
1983 19.88
1984 21.28
1985 21.68
1986 23.84
1987 25.35
1988 27.91
1989 30.36
1990 33.40
1991 37.50
1992 43.49
1993 48.36
1994 51.75
1995 56.66
1996 61.64
1997 65.65
1998 72.60
1999 77.52
2000 80.63
2001 83.38
2002 85.45
2003 86.79
2004 71.07
2005 74.85
2006 78.59
2007 82.64
2008 89.52
2009 93.43
2010 100.00
2011 108.85
2012 120.73
2013 129.19
2014 139.88
2015 146.24
2016 150.95
2017 158.43
2018 162.75
2019 167.18
2020 176.59
2021 189.57

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices