Exports of goods and services (BoP, current US$), annual growth rate in Bhutan
Bhutan: Exports of goods and services (BoP, current US$), annual growth rate was 16.48 % change on previous year in 2024. ◆ Volatile
Exports of goods and services (BoP, current US$), annual growth rate in Bhutan, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for exports of goods and services (bop, current us$), annual growth rate in Bhutan is 16.48 % change on previous year, measured in 2024.
Compared with earlier readings it is up 473.9% on the previous year and up 1,372.2% over ten years.
Over the whole period, exports of goods and services (bop, current us$), annual growth rate in Bhutan peaked at 75.06 % change on previous year in 2007 and was at its lowest, -12.14 % change on previous year, in 2009.
Bhutan ranks 36th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services (BoP, current US$), annual growth rate in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 75.06 % change on previous year | — |
| 2008 | 2.65 % change on previous year | -96.5% |
| 2009 | -12.14 % change on previous year | -557.6% |
| 2010 | 2.82 % change on previous year | -123.3% |
| 2011 | 26.26 % change on previous year | +830.1% |
| 2012 | -2.22 % change on previous year | -108.4% |
| 2013 | -8.4 % change on previous year | +278.7% |
| 2014 | -1.3 % change on previous year | -84.6% |
| 2015 | 7.25 % change on previous year | -659.9% |
| 2016 | -9.14 % change on previous year | -226.0% |
| 2017 | 11.52 % change on previous year | -226.1% |
| 2018 | 9.67 % change on previous year | -16.1% |
| 2019 | -1.03 % change on previous year | -110.7% |
| 2020 | 1.18 % change on previous year | -214.3% |
| 2021 | -6 % change on previous year | -609.4% |
| 2022 | 7.01 % change on previous year | -216.9% |
| 2023 | 2.87 % change on previous year | -59.0% |
| 2024 | 16.48 % change on previous year | +473.9% |
Bhutan compared with similar countries
- Bhutan's 16.48 % change on previous year is above the median for lower middle income countries, which is 8.7 % change on previous year, 1.9× the median. (47 countries reporting)
- Bhutan's 16.48 % change on previous year is above the median for South Asia, which is 12.26 % change on previous year, 1.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.86 % change on previous year | -12.14 % change on previous year | 75.06 % change on previous year | 3 |
| 2010s | 3.54 % change on previous year | -9.14 % change on previous year | 26.26 % change on previous year | 10 |
| 2020s | 4.31 % change on previous year | -6 % change on previous year | 16.48 % change on previous year | 5 |
Countries ranked near Bhutan
- 33 Eswatini 17.76 % change on previous year compare
- 34 Solomon Islands 17.74 % change on previous year compare
- 35 Sao Tome and Principe 17.49 % change on previous year compare
- 37 Albania 15.95 % change on previous year compare
- 38 Ireland 15.81 % change on previous year compare
- 39 Cambodia 15.74 % change on previous year compare
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$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is exports of goods and services (bop, current us$), annual growth rate in Bhutan?
- Exports of goods and services (bop, current us$), annual growth rate in Bhutan was 16.48 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), annual growth rate recorded in Bhutan?
- The highest recorded value was 75.06 % change on previous year in 2007.
- What is the lowest exports of goods and services (bop, current us$), annual growth rate recorded in Bhutan?
- The lowest recorded value was -12.14 % change on previous year in 2009.
- How does Bhutan rank for exports of goods and services (bop, current us$), annual growth rate?
- Bhutan ranks 36th out of 199 countries with data for 2024.
- Is exports of goods and services (bop, current us$), annual growth rate rising or falling in Bhutan?
- Over the last ten years it is up 1,372.2%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Exports of goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Exports of goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.