Bhutan: Economy
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Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Lower Middle Income |
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Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Data unavailable |
| Economic Trivia | Agriculture is the livelihood for 55.4% of Bhutan's population. |
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Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2012): India, South Korea, and Bangladesh |
| Top Industries Source: CIA World Factbook | Cement; Wood Products; Processed Fruits; Alcoholic Beverages |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $8,879,845,293 (2020) |
| GDP Growth Rate (annual %) | -6.772% (2020) |
| GDP Per Capita, PPP (current international) | $11,508 (2020) |
GDP Country Rank 160/197 (2020)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | 5.63% (2020) |
| External debt stocks, total (DOD, current US$) | $2,703,286,732 (2019) |
| Total tax rate (% of commercial profits) | 35.3% (2019) |
| Real Interest Rate (5 year average %) | 6.08% (2020) |
| Manufacturing, value added (% of GDP) | 7.12% (2019) |
| Current Account Balance (BoP, current US$) | ($381,152,581) (2020) |
Labor and Employment [1]
| Labor Force, Total | 378,371 (2020) |
| Employment in Agriculture (% of total employment) | 54.621% (2020) |
| Employment in Industry (% of total employment) | 11.07% (2020) |
| Employment in Services (% of total employment) | 34.309% (2020) |
| Unemployment Rate | 3.74% (2020) |
Trade [1]
| Imports of goods and services (current US$) | $1,274,161,854 (2019) |
| Exports of goods and services (current US$) | $860,578,271 (2019) |
| Total Merchandise Trade (% of GDP) | 49.849% (2020) |
| FDI, net inflows (BoP, current US$) | $13,011,377 (2019) |
| Commercial Service Exports (current US$) | $133,316,092 (2020) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Bhutan’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.