Bhutan/Economy

Economy of Bhutan

An overview of key economic indicators. Select a category for detailed trends, charts, and insights.

Explore Economic Domains

Growth & Output

Coming Soon
GDP (USD)
$2.9B(2022)
GDP PPP (USD)
$11.8B(2022)
GDP per Capita (USD)
$3,711(2022)
GDP Growth (inflation-adjusted)
5.2%(2022)
Inflation (CPI Annual %)
2.8%(2024)

Trade & Finance

Coming Soon
Exports (as share of GDP)
25.5%(2022)
Imports (as share of GDP)
60.1%(2022)
FDI Inflows (as share of GDP)
0.3%(2022)
Remittance Inflow (USD)
$109.6M(2024)
Tax Revenue (as share of GDP)
12.3%(2020)

Labor & Income

Coming Soon
Unemployment Rate
2.9%(2024)
Employment in Services
40.9%(2023)
Poverty Rate
12.4%(2022)
GINI Index
28.5(2022)
GNI per Capita (USD)
$3,600(2022)

Energy & Environment

Coming Soon
Energy Use per Capita
360 kg oil eq.(2007)
Renewable Energy Consumption (%)
82.5%(2022)

Economic Snapshot Overview

A summary of key economic indicators for Bhutan

  • The economic architecture of Bhutan is substantial, anchored by a Gross Domestic Product (GDP) of approximately $2.9B
    2022
    . This places it as the 163rd largest economy out of 191 countries measured, underscoring its significance on the world stage. On a per capita basis, GDP stands at $3.71K
    2022
    , while its GDP in Purchasing Power Parity (PPP) terms is estimated at $11.76B, reflecting the population's domestic purchasing power. The economy is experiencing robust expansion, with a high growth rate of 5.2%
    2022
    , accompanied by stable price levels, with inflation (CPI) at 2.8%
    2024
    .
  • On the global stage, the nation's trade and financial dynamics reveal a complex interplay of factors. The nation runs a trade deficit, with exports at 25.5% of GDP and imports at 60.1%
    2022
    . Foreign Direct Investment (FDI) inflows are significant, constituting 0.29% of the economy
    2022
    . This performance positions the country 153rd globally out of 186 nations, indicating its relative attractiveness to foreign capital. Additionally, personal remittances received amount to a substantial $109.6M annually
    2024
    , highlighting the economic importance of its diaspora. The government faces fiscal constraints, with tax revenue representing only 12.3% of GDP
    2020
    .
  • The socio-economic landscape is characterized by a Gross National Income (GNI) per capita of $3,600
    2022
    . Globally, this ranks the nation 130th out of 190 in terms of GNI per capita, providing a clear measure of its national wealth relative to others. The labor market is robust, with a low unemployment rate of 2.9%
    2024
    . The services sector is a primary driver of the labor market, accounting for 40.9% of total employment
    2023
    . Poverty remains a key issue, with 12.4% of the population living below the national poverty line
    2022
    . The country has a relatively equitable distribution of income, with a Gini index of 28.5
    2022
    .
  • On the environment and energy front, energy consumption per capita is 359.542 kg of oil equivalent
    2007
    . The country is a leader in clean energy, with renewable sources making up 82.5% of total final energy consumption
    2022
    . Its commitment to clean energy places it 179th among 190 countries for its share of renewable energy consumption.

Key Economic Insights

Macroeconomic Health

The economy is in a "Goldilocks" state of strong growth, low inflation, and low unemployment, indicating robust macroeconomic health.

Trade & Investment Profile

The degree of openness to trade and foreign investment is a major determinant of economic structure and resilience.

Social Equity & Distribution

Distributing the benefits of economic growth equitably is crucial for social cohesion and long-term stability.

Energy & Sustainability

A strong commitment to renewable energy positions the country as a leader in the green transition, potentially creating new economic advantages.

More About This Country

Neighbors & Regional Peers

Note: The information on this page has been compiled from authoritative sources. While every effort is made to ensure accuracy, please note that some figures may not be current or entirely precise.