Debt service as a proportion of exports of goods, services and in Bhutan
Bhutan: Debt service as a proportion of exports of goods, services and was 16.0% in 2023. ▲ Rising
Latest (2023)
16.0%
Change on year
up 0.9%
World rank
19th
of 125 countries
All-time high
18.2%
in 2012
All-time low
2.5%
in 2006
Years of data
18
2006–2023
Debt service as a proportion of exports of goods, services and in Bhutan, 2006–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, debt service as a proportion of exports of goods, services and in Bhutan stood at 16.0%.
The figure is up 0.9% on the previous year and up 39.3% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Bhutan peaked at 18.2% in 2012 and was at its lowest, 2.5%, in 2006.
Bhutan ranks 19th of 125 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Debt service as a proportion of exports of goods, services and in Bhutan, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 2.5% | — |
| 2007 | 4.7% | +85.5% |
| 2008 | 11.9% | +152.4% |
| 2009 | 12.7% | +7.0% |
| 2010 | 14.4% | +13.6% |
| 2011 | 11.2% | -22.3% |
| 2012 | 18.2% | +62.3% |
| 2013 | 11.5% | -36.6% |
| 2014 | 12.8% | +11.2% |
| 2015 | 17.9% | +39.9% |
| 2016 | 12.3% | -31.0% |
| 2017 | 11.0% | -11.0% |
| 2018 | 11.1% | +1.2% |
| 2019 | 7.5% | -32.8% |
| 2020 | 7.4% | -1.2% |
| 2021 | 17.0% | +130.6% |
| 2022 | 15.9% | -6.7% |
| 2023 | 16.0% | +0.9% |
Bhutan compared with similar countries
- Bhutan's 16.0% is above the median for lower middle income countries, which is 7.0%, 2.3× the median. (41 countries reporting)
- Bhutan's 16.0% is above the median for South Asia, which is 8.9%, 1.8× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.9% | 2.5% | 12.7% | 4 |
| 2010s | 12.8% | 7.5% | 18.2% | 10 |
| 2020s | 14.1% | 7.4% | 17.0% | 4 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.11 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.82 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -72.36 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0008 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 26.59 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.3328 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,495 includes gold, current US$ per person (2025)
- Total reserves minus gold (current US$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Bhutan?
- Debt service as a proportion of exports of goods, services and in Bhutan was 16.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Bhutan?
- The highest recorded value was 18.2% in 2012.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Bhutan?
- The lowest recorded value was 2.5% in 2006.
- How does Bhutan rank for debt service as a proportion of exports of goods, services and?
- Bhutan ranks 19th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Bhutan?
- Over the last ten years it is up 39.3%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
Download this data
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