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Bhutan GDP and Economic Data

Country Report 2017 - Includes Bhutan real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Bhutan economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Bhutan best banks and safest banks are also available.

 
 
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Central bank

Royal Monetary Authority of Bhutan

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International Reserves

USD 1.1 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

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Gross Domestic Product - GDP

USD 2.3 billion (2017, estimate)

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GDP (Purchasing Power Parity)

Intl$ 7.0 billion (2017, estimate)

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Real GDP growth
2006 2007 2008 2009 2010 2011 2012
7% 12.6% 10.8% 5.7% 9.3% 9.7% 6.4%
2013 2014 2015* 2016* 2017*    
3.6% 3.8% 5.2% 6% 6.4%    

*Estimate

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GDP per capita - current prices

USD 2,799.9 (2017, estimate)

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GDP per capita - PPP

Intl$ 8,695.2 (2017, estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0% 0% 0% 0.01% 0.006%

*Estimate

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GDP - composition by sector
  • agriculture: 16.4%
  • industry: 42.1%
  • services: 41.5%

(2016 estimate)

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

N/A

Source
Inflation
2013 2014 2015 2016* 2017*
11.3% 9.9% 6.3% 4.4% 4.6%

*Estimate

Source
Unemployment rate
2013 2014 2015* 2016* 2017*
3.2% 3.2% 3.2% 3.2% 3.2%

*Estimate

Source
Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2013 2014 2015* 2016* 2017*
93.6% 93.8% 94.8% 104.1% 111.5%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
-5.8% 2.9% -0.2% -0.7% -2.5%

*Estimate

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Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
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Largest companies

N/A

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Current account balance

USD -0.7 billion (2017 estimate)

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Current account balance by percentage of GDP

-31.5% (2017 estimate)

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

32.9% (2015)

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Shares in world total merchandising export

0.004% (2015)

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Shares in world total commercial services export

0.003% (2015)

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Total exports

USD 500.0 millions (2016 estimate)

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Export commodities

Electricity (to India), ferrosilicon, cement, calcium carbide, copper wire, manganese, vegetable oil

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Total imports

USD 1.1 billion (2016 estimate)

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Import commodities

Fuel and lubricants, passenger cars, machinery and parts, fabrics, rice

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Exports - major partners

India 83.8%, Hong Kong 10.8% (2013 est.)

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Imports - major partners

India 72.3%, South Korea 6% (2013 est.)

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FDI inflows
2013 2014 2015
USD 14 million USD 32 million USD 12 million
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FDI outflows
2013 2014 2015
N/A N/A N/A
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Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Source
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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

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

N/A

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

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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: 73 out of 190 countries (2016)

Subcategories:

Starting a business: 94 out of 190 countries

Enforcing Contracts: 47 out of 190 countries

Registering Property: 51 out of 190 countries

Getting credit: 82 out of 190 countries

Protecting investors: 114 out of 190 countries

Trading across border: 26 out of 190 countries

Paying Taxes: 19 out of 190 countries

Dealing with Construction Permits: 97 out of 190 countries

Getting Electricity: 54 out of 190 countries

Resolving Insolvency: 169 out of 190 countries

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Global competitiveness ranking

97 out of 138 countries

(2016-2017)

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Index of Economic Freedom

Ranking: 97 / Score: 59.53 (Mostly unfree) (2017)

(100=totally free 0=totally repressed)

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Time zone

UTC+6

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Total area

38,394 sq km

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Capital

Thimphu

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Currency

Ngultrum (BTN)

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Government type

Constitutional monarchy

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Languages

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

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Religions

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

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

*Estimate

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

27.2 years (2016 estimate)

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Population growth rate

1.09% (2016 estimate)

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Life expectancy

70.1 years (2016 estimate)

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Literacy

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

(age 15 and over can read and write)

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% of population living on less than $3.10 a day

3.0% (2012)

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Inequality of wealth distribution (Gini index)

38.8 (2012)

(0=perfect equality, 100=absolute inequality)

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Freedom House rating

Political Rights: 3
Civil Liberties: 4 (2017)                          

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

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Total telephone subscribers as % of population

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

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Internet users as % of total population

39.8% (2015)

Source
Mercer Cost of living index

N/A

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CO2 emissions

1.2 (2013)

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