External balance on goods and services in Bhutan
Bhutan: External balance on goods and services was -547.93 million current US$ in 2024. ◆ Volatile
External balance on goods and services in Bhutan, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, external balance on goods and services in Bhutan stood at -547.93 million current US$.
That represents a change of up 27.1% on the previous year and down 34.1% over ten years.
Over the whole period, external balance on goods and services in Bhutan peaked at -14.73 million current US$ in 1995 and was at its lowest, -1.00 billion current US$, in 2022.
Bhutan ranks 107th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -49.76 million current US$ | -70.05 million current US$ | -27.38 million current US$ | 10 |
| 1990s | -38.11 million current US$ | -82.08 million current US$ | -14.73 million current US$ | 10 |
| 2000s | -132.00 million current US$ | -221.36 million current US$ | -27.81 million current US$ | 10 |
| 2010s | -475.75 million current US$ | -581.24 million current US$ | -361.34 million current US$ | 10 |
| 2020s | -643.80 million current US$ | -1.00 billion current US$ | -385.82 million current US$ | 5 |
Countries ranked near Bhutan
- 104 Niger -515.62 million current US$ compare
- 105 Northern Mariana Islands -533.00 million current US$ compare
- 106 Sierra Leone -545.92 million current US$ compare
- 108 Bahamas -581.90 million current US$ compare
- 109 Fiji -605.83 million current US$ compare
- 110 Benin -739.95 million current US$ compare
More economy & growth data for Bhutan
- External balance on goods and services as a percent of GDP -16.4% (2024)
- Inflation of consumer prices 3.6% (2025)
- GDP per capita 3,989 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.6% (2024)
- Gross domestic product (GDP) 3.18 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 3,989 constant 2015 US$ (2025)
- DEC alternative conversion factor 87.16 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.98 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 155.11 million current US$ (2024)
- Taxes less subsidies on products 7.44 billion current LCU (2024)
Frequently asked questions
- What is external balance on goods and services in Bhutan?
- External balance on goods and services in Bhutan was -547.93 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Bhutan?
- The highest recorded value was -14.73 million current US$ in 1995.
- What is the lowest external balance on goods and services recorded in Bhutan?
- The lowest recorded value was -1.00 billion current US$ in 2022.
- How does Bhutan rank for external balance on goods and services?
- Bhutan ranks 107th out of 192 countries with data for 2024.
- Is external balance on goods and services rising or falling in Bhutan?
- Over the last ten years it is down 34.1%. 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 External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.