Imports of goods and services (BoP, current US$) in Bhutan
Bhutan: Imports of goods and services (BoP, current US$) was 1.51 billion BoP, current US$ in 2024. ▲ Rising
Imports of goods and services in Bhutan, 2006–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, imports of goods and services in Bhutan stood at 1.51 billion BoP, current US$.
Compared with earlier readings it is down 14.9% on the previous year and up 35.2% over ten years.
Over the whole period, imports of goods and services in Bhutan peaked at 1.78 billion BoP, current US$ in 2023 and was at its lowest, 499.40 million BoP, current US$, in 2006.
Bhutan ranks 172nd of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Imports of goods and services (BoP, current US$) in Bhutan, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2006 | 499.40 million BoP, current US$ | — |
| 2007 | 586.34 million BoP, current US$ | +17.4% |
| 2008 | 765.64 million BoP, current US$ | +30.6% |
| 2009 | 682.17 million BoP, current US$ | -10.9% |
| 2010 | 935.24 million BoP, current US$ | +37.1% |
| 2011 | 1.30 billion BoP, current US$ | +39.5% |
| 2012 | 1.21 billion BoP, current US$ | -7.4% |
| 2013 | 1.10 billion BoP, current US$ | -8.9% |
| 2014 | 1.12 billion BoP, current US$ | +1.6% |
| 2015 | 1.20 billion BoP, current US$ | +7.6% |
| 2016 | 1.24 billion BoP, current US$ | +2.8% |
| 2017 | 1.23 billion BoP, current US$ | -0.2% |
| 2018 | 1.25 billion BoP, current US$ | +1.1% |
| 2019 | 1.23 billion BoP, current US$ | -1.5% |
| 2020 | 1.19 billion BoP, current US$ | -3.4% |
| 2021 | 1.03 billion BoP, current US$ | -13.6% |
| 2022 | 1.58 billion BoP, current US$ | +54.0% |
| 2023 | 1.78 billion BoP, current US$ | +12.4% |
| 2024 | 1.51 billion BoP, current US$ | -14.9% |
Bhutan compared with similar countries
- Bhutan's 1.51 billion BoP, current US$ is below the median for lower middle income countries, which is 11.62 billion BoP, current US$, 13% of the median. (47 countries reporting)
- Bhutan's 1.51 billion BoP, current US$ is below the median for South Asia, which is 20.40 billion BoP, current US$, 7% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 633.39 million BoP, current US$ | 499.40 million BoP, current US$ | 765.64 million BoP, current US$ | 4 |
| 2010s | 1.18 billion BoP, current US$ | 935.24 million BoP, current US$ | 1.30 billion BoP, current US$ | 10 |
| 2020s | 1.42 billion BoP, current US$ | 1.03 billion BoP, current US$ | 1.78 billion BoP, current US$ | 5 |
Countries ranked near Bhutan
- 169 Belize 1.73 billion BoP, current US$ compare
- 170 Cape Verde 1.64 billion BoP, current US$ compare
- 171 Gambia 1.55 billion BoP, current US$ compare
- 173 Saint Lucia 1.51 billion BoP, current US$ compare
- 174 Burundi 1.50 billion BoP, current US$ compare
- 175 Sint Maarten (Dutch part) 1.49 billion BoP, current US$ 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 45.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5765 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 32.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0061 units per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Bhutan?
- Imports of goods and services in Bhutan was 1.51 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Bhutan?
- The highest recorded value was 1.78 billion BoP, current US$ in 2023.
- What is the lowest imports of goods and services recorded in Bhutan?
- The lowest recorded value was 499.40 million BoP, current US$ in 2006.
- How does Bhutan rank for imports of goods and services?
- Bhutan ranks 172nd out of 200 countries with data for 2024.
- Is imports of goods and services rising or falling in Bhutan?
- Over the last ten years it is up 35.2%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.