Exports of goods and services in Bhutan
Bhutan: Exports of goods and services was 19.3% in 2024. ◆ Volatile
Exports of goods and services in Bhutan, 1991–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Bhutan recorded 19.3% for exports of goods and services in 2024.
Compared with earlier readings it is down 37.0% on the previous year and up 465.3% over ten years.
Over the whole period, exports of goods and services in Bhutan peaked at 51.7% in 2006 and was at its lowest, -43.2%, in 1993.
That places Bhutan 18th out of 178 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Bhutan, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1991 | 15.1% | — |
| 1992 | 0.4% | -97.6% |
| 1993 | -43.2% | -12083.8% |
| 1994 | 10.8% | -125.0% |
| 1995 | 48.0% | +344.6% |
| 1996 | 7.2% | -85.0% |
| 1997 | 19.9% | +177.4% |
| 1998 | 7.9% | -60.3% |
| 1999 | 9.1% | +14.6% |
| 2000 | 3.3% | -63.9% |
| 2001 | -1.4% | -144.1% |
| 2002 | 2.9% | -302.1% |
| 2003 | 16.3% | +457.5% |
| 2004 | 27.7% | +70.4% |
| 2005 | 34.3% | +23.9% |
| 2006 | 51.7% | +50.4% |
| 2007 | 15.8% | -69.5% |
| 2008 | -9.8% | -162.4% |
| 2009 | -2.4% | -75.7% |
| 2010 | 7.5% | -415.1% |
| 2011 | 3.2% | -57.4% |
| 2012 | -2.4% | -174.9% |
| 2013 | 3.9% | -261.3% |
| 2014 | -5.3% | -236.7% |
| 2015 | -3.2% | -40.0% |
| 2016 | -5.3% | +66.2% |
| 2017 | 6.5% | -222.2% |
| 2018 | 0.3% | -95.9% |
| 2019 | 26.1% | +9817.8% |
| 2020 | -19.7% | -175.3% |
| 2021 | 1.0% | -105.3% |
| 2022 | -9.1% | -980.9% |
| 2023 | 30.7% | -435.6% |
| 2024 | 19.3% | -37.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.3% | -43.2% | 48.0% | 9 |
| 2000s | 13.8% | -9.8% | 51.7% | 10 |
| 2010s | 3.1% | -5.3% | 26.1% | 10 |
| 2020s | 4.4% | -19.7% | 30.7% | 5 |
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 exports of goods and services in Bhutan?
- Exports of goods and services in Bhutan was 19.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Bhutan?
- The highest recorded value was 51.7% in 2006.
- What is the lowest exports of goods and services recorded in Bhutan?
- The lowest recorded value was -43.2% in 1993.
- How does Bhutan rank for exports of goods and services?
- Bhutan ranks 18th out of 178 countries with data for 2024.
- Is exports of goods and services rising or falling in Bhutan?
- Over the last ten years it is up 465.3%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Exports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.