Trade in services as share of GDP in Bhutan
Bhutan: Trade in services as share of GDP was 15.4% in 2024. ▬ Flat
Latest (2024)
15.4%
Change on year
up 3.1%
World rank
129th
of 198 countries
All-time high
15.9%
in 2018
All-time low
5.6%
in 2021
Years of data
19
2006–2024
Trade in services as share of GDP in Bhutan, 2006–2024
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Bhutan recorded 15.4% for trade in services as share of gdp in 2024.
Compared with earlier readings it is up 3.1% on the previous year and up 2.6% over ten years.
Over the whole period, trade in services as share of gdp in Bhutan peaked at 15.9% in 2018 and was at its lowest, 5.6%, in 2021.
Bhutan ranks 129th of 198 countries on this measure, in the middle of the range.
Trade in services as share of GDP in Bhutan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 12.3% | — |
| 2007 | 11.9% | -3.3% |
| 2008 | 13.3% | +11.8% |
| 2009 | 11.6% | -12.6% |
| 2010 | 12.2% | +5.1% |
| 2011 | 13.1% | +6.8% |
| 2012 | 15.1% | +15.4% |
| 2013 | 15.5% | +2.6% |
| 2014 | 15.0% | -2.8% |
| 2015 | 14.6% | -2.5% |
| 2016 | 15.0% | +2.3% |
| 2017 | 14.3% | -4.3% |
| 2018 | 15.9% | +11.0% |
| 2019 | 14.2% | -11.0% |
| 2020 | 14.7% | +3.5% |
| 2021 | 5.6% | -61.5% |
| 2022 | 8.0% | +41.6% |
| 2023 | 15.0% | +87.1% |
| 2024 | 15.4% | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.3% | 11.6% | 13.3% | 4 |
| 2010s | 14.5% | 12.2% | 15.9% | 10 |
| 2020s | 11.7% | 5.6% | 15.4% | 5 |
Countries ranked near Bhutan
- 126 Uzbekistan 15.6% compare
- 127 India 15.5% compare
- 128 Saudi Arabia 15.5% compare
- 130 New Zealand 15.1% compare
- 131 Gabon 15.0% compare
- 132 Canada 14.7% 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)
- Industry (including construction), value added (constant 2015 US$) 11.33 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2731 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,227 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 11.33 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 19.35 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 86,946 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.35 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5316 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in services as share of gdp in Bhutan?
- Trade in services as share of gdp in Bhutan was 15.4% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Bhutan?
- The highest recorded value was 15.9% in 2018.
- What is the lowest trade in services as share of gdp recorded in Bhutan?
- The lowest recorded value was 5.6% in 2021.
- How does Bhutan rank for trade in services as share of gdp?
- Bhutan ranks 129th out of 198 countries with data for 2024.
- Is trade in services as share of gdp rising or falling in Bhutan?
- Over the last ten years it is up 2.6%. The long-run trend across the full record is flat.
- Where does this Bhutan data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).