Merchandise trade as a proportion of GDP in Bhutan
Bhutan: Merchandise trade as a proportion of GDP was 65.6% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Bhutan, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Bhutan recorded 65.6% for merchandise trade as a proportion of gdp in 2024.
That represents a change of up 1.1% on the previous year and down 9.6% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Bhutan peaked at 95.6% in 2007 and was at its lowest, 55.4%, in 2002.
Bhutan ranks 76th of 218 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 60.3% | — |
| 2001 | 59.9% | -0.8% |
| 2002 | 55.4% | -7.4% |
| 2003 | 58.6% | +5.7% |
| 2004 | 80.8% | +37.9% |
| 2005 | 74.8% | -7.3% |
| 2006 | 88.5% | +18.2% |
| 2007 | 95.6% | +8.1% |
| 2008 | 80.8% | -15.6% |
| 2009 | 77.0% | -4.7% |
| 2010 | 87.5% | +13.6% |
| 2011 | 86.9% | -0.7% |
| 2012 | 77.3% | -11.0% |
| 2013 | 74.8% | -3.3% |
| 2014 | 72.5% | -3.0% |
| 2015 | 73.6% | +1.5% |
| 2016 | 64.8% | -12.0% |
| 2017 | 61.8% | -4.6% |
| 2018 | 64.0% | +3.6% |
| 2019 | 60.5% | -5.5% |
| 2020 | 63.1% | +4.3% |
| 2021 | 72.4% | +14.8% |
| 2022 | 77.1% | +6.5% |
| 2023 | 64.9% | -15.9% |
| 2024 | 65.6% | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 73.2% | 55.4% | 95.6% | 10 |
| 2010s | 72.4% | 60.5% | 87.5% | 10 |
| 2020s | 68.6% | 63.1% | 77.1% | 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)
- Gross capital formation (current US$), annual growth rate 4.54 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.426 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,801 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 5.89 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 35.64 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 150,705 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 5.33 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.4185 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Bhutan?
- Merchandise trade as a proportion of gdp in Bhutan was 65.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Bhutan?
- The highest recorded value was 95.6% in 2007.
- What is the lowest merchandise trade as a proportion of gdp recorded in Bhutan?
- The lowest recorded value was 55.4% in 2002.
- How does Bhutan rank for merchandise trade as a proportion of gdp?
- Bhutan ranks 76th out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Bhutan?
- Over the last ten years it is down 9.6%. The long-run trend across the full record is falling.
- Where does this Bhutan data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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