hydropower investments spurring economic development; Gross National Happiness economy; sharp poverty declines; low inflation; strong monetary and fiscal policies; stable currency; fairly resilient response to COVID-19; key economic and strategic relations with India; climate vulnerabilities
$8.481 billion (2021 est.)
$8.148 billion (2020 est.)
$9.054 billion (2019 est.)
note: data are in 2017 dollars
comparison ranking
4.09% (2021 est.)
-10.01% (2020 est.)
5.76% (2019 est.)
comparison ranking
$10,900 (2021 est.)
$10,500 (2020 est.)
$11,800 (2019 est.)
note: data are in 2017 dollars
comparison ranking
$2.405 billion (2017 est.)
7.35% (2021 est.)
5.63% (2020 est.)
2.73% (2019 est.)
comparison ranking
agriculture: 16.2% (2017 est.)
industry: 41.8% (2017 est.)
services: 42% (2017 est.)
household consumption: 58% (2017 est.)
government consumption: 16.8% (2017 est.)
investment in fixed capital: 47.2% (2017 est.)
investment in inventories: 0% (2017 est.)
exports of goods and services: 26% (2017 est.)
imports of goods and services: -48% (2017 est.)
milk, rice, maize, potatoes, roots/tubers, oranges, areca nuts, chillies/peppers, spices, ginger
cement, wood products, processed fruits, alcoholic beverages, calcium carbide, tourism
1.96% (2021 est.)
comparison ranking
361,000 (2021 est.)
note: major shortage of skilled labor
comparison ranking
agriculture: 58%
industry: 20%
services: 22% (2015 est.)
4.33% (2021 est.)
3.65% (2020 est.)
2.5% (2019 est.)
comparison ranking
total: 18.8%
male: 15.6%
female: 22% (2021 est.)
comparison ranking
8.2% (2017 est.)
37.4 (2017 est.)
comparison ranking
lowest 10%: 2.8%
highest 10%: 30.6% (2012)
revenues: $710 million (2020 est.)
expenditures: $777 million (2020 est.)
note: the Government of India finances nearly one-quarter of Bhutan's budget expenditures
-3.4% (of GDP) (2017 est.)
comparison ranking
117.33% of GDP (2020 est.)
97.49% of GDP (2019 est.)
101.19% of GDP (2018 est.)
comparison ranking
12.98% (of GDP) (2020 est.)
comparison ranking
1 July - 30 June
-$321.535 million (2021 est.)
-$381.153 million (2020 est.)
-$500.802 million (2019 est.)
comparison ranking
$741.602 million (2021 est.)
$786.681 million (2020 est.)
$777.529 million (2019 est.)
note: Data are in current year dollars and do not include illicit exports or re-exports.
comparison ranking
India 94% (2019)
iron alloys, dolomite, aircraft, cement, gypsum (2021)
$1.027 billion (2021 est.) note: data are in current year dollars
$1.188 billion (2020 est.) note: data are in current year dollars
$1.23 billion (2019 est.) note: data are in current year dollars
comparison ranking
India 85%, Thailand 5% (2019)
refined petroleum, iron products, delivery trucks, cars, wood charcoal (2019)
$1.056 billion (31 December 2021 est.)
$1.473 billion (31 December 2020 est.)
$1.238 billion (31 December 2019 est.)
comparison ranking
$2.671 billion (31 December 2017 est.)
$2.355 billion (31 December 2016 est.)
comparison ranking
ngultrum (BTN) per US dollar -
73.939 (2021 est.)
74.1 (2020 est.)
70.42 (2019 est.)
68.389 (2018 est.)
65.122 (2017 est.)
NOTE: The information regarding Bhutan on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Bhutan 2023 information contained here. All suggestions for corrections of any errors about Bhutan 2023 should be addressed to the CIA or the source cited on each page.
This page was last modified 21 Aug 23, Copyright © 2023 ITA all rights reserved.