Economic Trivia

Agriculture is the livelihood for 55.4% of Bhutan's population.

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 3 Exported Goods (2012): Iron & Steel, Oil & Mineral Fuels, and Natural Minerals & Stone

Top Industries Source: CIA World Factbook

Cement; Wood Products; Processed Fruits; Alcoholic Beverages

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $7,100,718,434 (2016)
GDP Growth Rate (annual %) 7.991% (2016)
GDP Per Capita, PPP (current international) $8,901 (2016)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 159/195 (2016)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 4.377% (2016)
External debt stocks, total (DOD, current US$) $2,348,179,000 (2016)
Total tax rate (% of commercial profits) 35.3% (2017)
Real Interest Rate (5 year average %) 9.51% (2016)
Manufacturing, value added (% of GDP) 7.817% (2016)
Current Account Balance (BoP, current US$) ($617,567,005) (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 396,047 (2017)
Employment in Agriculture (% of total employment) 56.778% (2017)
Employment in Industry (% of total employment) 9.749% (2017)
Employment in Services (% of total employment) 33.473% (2017)
Unemployment Rate 2.435% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $1,174,759,842 (2016)
Exports of goods and services (current US$) $657,551,942 (2016)
Total Merchandise Trade (% of GDP) 70.265% (2016)
FDI, net inflows (BoP, current US$) $8,075,838 (2016)
Commercial Service Exports (current US$) $144,073,134 (2016)
Click on a row to display its 5-year graph on the right.

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.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank