Source
Central bank

Royal Monetary Authority of Bhutan

International Reserves

USD 1 billion (2018)

Gross Domestic Product - GDP

USD 2.6 billion (2018, estimate)

GDP (Purchasing Power Parity)

Intl$ 7.8 billion (2018, estimate)

Real GDP growth
2007 2008 2009 2010 2011 2012 2013
12.6% 10.8% 5.7% 9.3% 9.7% 6.4% 3.6%
2014 2015 2016* 2017* 2018*    
4% 6.2% 7.3% 7.4% 5.8%    

*Estimate

GDP per capita - current prices

USD 3,215.5 (2018, estimate)

GDP per capita - PPP

Intl$ 9,539.6 (2018, estimate)

GDP (PPP) - share of world total
0.006% (2019, estimate)
 
 
Source
GDP - composition by sector
  • agriculture: 17.4 %%
  • industry: 40.6%
  • services: 37.2%

(2017 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2015 2016 2017 2018* 2019*
7.6% 7.6% 5.5% 3.5% 3.6%

*Estimate

Unemployment rate
2015 2016 2017* 2018* 2019*
3.2% 3.2% 3.2% 3.2% 3.2%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
95.7% 109.7% 108% 102.4% 108.6%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
1.5% -1.1% -3.4% -2% -1.3%

*Estimate

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated October 2019)

Market value of publicly traded shares
2016 2017 2018
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.5 billion (2018 estimate)

Current account balance by percentage of GDP

-18.4 % (2018 estimate)

Exports as percent of GDP (Exports of goods and services)

29.1% (2017)

Shares in world total merchandising export

0.003% (2018)

Shares in world total commercial services export

0.003% (2018)

Total exports

USD 781.8 million (2018)

Export commodities

Electricity (to india), ferrosilicon, cement, cardamom, calcium carbide, steel rods/bars, dolomite, gypsum

Total imports

USD 1.3 billion (2018 estimate)

 
 
Source
Import commodities

Fuel and lubricants, airplanes, machinery and parts, rice, motor vehicles

Exports - major partners

India 95.3% (2017)

Imports - major partners

India 89.5% (2017)

FDI inflows
2016 2017 2018
USD -6.7 million USD -9.9 million USD 5.9 million
Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

89 out of 190 countries

Subcategories:
Starting a Business: 103 out of 190 countries
Dealing with Construction Permits: 91 out of 190 countries
Getting Electricity: 78 out of 190 countries
Registering Property: 53 out of 190 countries
Getting Credit: 94 out of 190 countries
Protecting Minority Investors: 111 out of 190 countries
Paying Taxes: 15 out of 190 countries
Trading across Borders: 30 out of 190 countries
Enforcing Contracts: 29 out of 190 countries
Resolving Insolvency: 168 out of 190 countries
World Bank - Doing Business 2019

Global competitiveness ranking

N/A

(2019)

Index of Economic Freedom

Ranking: 74 / Score: 62.9 (Moderately free)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+6

Total area

38,394 sq km

Capital

Thimphu

Currency

Ngultrum (BTN)

Government type

Constitutional monarchy

Languages

Sharchhopka 28%, Dzongkha (official) 24%, Lhotshamkha 22%, other 26% (includes foreign languages) (2005 est.)

Religions

Lamaistic Buddhist 75.3%, Indian- and Nepalese-influenced Hinduism 22.1%, other 2.6% (2005 est.)

Total population
1990 2000 2010 2016* 2021*
0.536 million 0.564 million 0.717 million 0.791 million 0.857 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
4% 10% 25% 39%
Population median age

27.2 years (2016 estimate)

Population growth rate

1.09% (2016 estimate)

Life expectancy

70.1 years (2016 estimate)

Literacy

Total population: 64.9%
Male: 73.1%
Female: 55% (2015 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

3.0% (2012)

Inequality of wealth distribution (Gini index)

38.8 (2012)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 3
Civil Liberties: 4 (2017)                          

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 2.81%   Mobile 87.03% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

39.8% (2015)

Mercer Cost of living index

N/A

CO2 emissions

1.2 (2013)