Debt service as a share of exports of good and services in Bhutan
Bhutan: Debt service as a share of exports of good and services was 16.0% in 2023. ▲ Rising
Debt service as a share of exports of good and services in Bhutan, 2006–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, debt service as a share of exports of good and services in Bhutan stood at 16.0%.
That represents a change of up 0.9% on the previous year and up 39.3% over ten years.
Over the whole period, debt service as a share of exports of good and services in Bhutan peaked at 18.2% in 2012 and was at its lowest, 2.5%, in 2006.
That places Bhutan 18th out of 116 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Debt service as a share of exports of good and services in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 2.5% | — |
| 2007 | 4.7% | +85.8% |
| 2008 | 11.8% | +152.1% |
| 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% | +11.1% |
| 2015 | 17.9% | +40.0% |
| 2016 | 12.3% | -31.0% |
| 2017 | 11.0% | -11.0% |
| 2018 | 11.1% | +1.2% |
| 2019 | 7.5% | -32.8% |
| 2020 | 7.4% | -1.1% |
| 2021 | 17.0% | +130.4% |
| 2022 | 15.9% | -6.7% |
| 2023 | 16.0% | +0.9% |
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 share of exports of good and services in Bhutan?
- Debt service as a share of exports of good and services in Bhutan was 16.0% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Bhutan?
- The highest recorded value was 18.2% in 2012.
- What is the lowest debt service as a share of exports of good and services recorded in Bhutan?
- The lowest recorded value was 2.5% in 2006.
- How does Bhutan rank for debt service as a share of exports of good and services?
- Bhutan ranks 18th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services 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 World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).