TOOL · GROSS COST

How much would a basic income cost in Bhutan?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Country

Adult population 617,615child population 168,770year 2023World Bank WDI

Monthly amount per adult

Monthly amount per child

GROSS ANNUAL COST

6,739 million

in BTNBTN 6,739,200,000

Equal to 2.7% of reference GDP

Population covered: 786,385 people

Adults: 617,615 × BTN 800 × 12 = BTN 5,929,104,000

Children: 168,770 × BTN 400 × 12 = BTN 810,096,000

BTN 5,929,104,000 + BTN 810,096,000 = BTN 6,739,200,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $3,012,896,790 · World Bank WDI

Currency BTN · exchange rate 82.5993 BTN/USD (2023)

Converted cost $81,589,092 for the GDP share.