Service exports (BoP, current US$), annual growth rate in Bhutan
Bhutan: Service exports (BoP, current US$), annual growth rate was 126.6 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Bhutan, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bhutan recorded 126.6 % change on previous year for service exports (bop, current us$), annual growth rate in 2024.
That represents a change of down 73.6% on the previous year and up 13,487.5% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Bhutan peaked at 480.37 % change on previous year in 2023 and was at its lowest, -85.04 % change on previous year, in 2021.
Bhutan ranks 4th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 16.39 % change on previous year | — |
| 2008 | -9.01 % change on previous year | -155.0% |
| 2009 | 2.83 % change on previous year | -131.4% |
| 2010 | 22.23 % change on previous year | +686.0% |
| 2011 | 18.96 % change on previous year | -14.7% |
| 2012 | 24.76 % change on previous year | +30.6% |
| 2013 | 20.71 % change on previous year | -16.3% |
| 2014 | 0.9317 % change on previous year | -95.5% |
| 2015 | 0.7512 % change on previous year | -19.4% |
| 2016 | 16.26 % change on previous year | +2064.4% |
| 2017 | 10.93 % change on previous year | -32.8% |
| 2018 | 13.08 % change on previous year | +19.7% |
| 2019 | -8.03 % change on previous year | -161.4% |
| 2020 | -19.89 % change on previous year | +147.7% |
| 2021 | -85.04 % change on previous year | +327.6% |
| 2022 | 8.71 % change on previous year | -110.2% |
| 2023 | 480.37 % change on previous year | +5413.9% |
| 2024 | 126.6 % change on previous year | -73.6% |
Bhutan compared with similar countries
- Bhutan's 126.6 % change on previous year is above the median for lower middle income countries, which is 9.97 % change on previous year, 12.7× the median. (47 countries reporting)
- Bhutan's 126.6 % change on previous year is above the median for South Asia, which is 13.68 % change on previous year, 9.3× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Bhutan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +5413.9% | 8.71 % change on previous year | 480.37 % change on previous year |
| 2016 | +2064.4% | 0.7512 % change on previous year | 16.26 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4 % change on previous year | -9.01 % change on previous year | 16.39 % change on previous year | 3 |
| 2010s | 12.06 % change on previous year | -8.03 % change on previous year | 24.76 % change on previous year | 10 |
| 2020s | 102.15 % change on previous year | -85.04 % change on previous year | 480.37 % change on previous year | 5 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.11 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), 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$), annual growth rate 24.21 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Bhutan?
- Service exports (bop, current us$), annual growth rate in Bhutan was 126.6 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Bhutan?
- The highest recorded value was 480.37 % change on previous year in 2023.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Bhutan?
- The lowest recorded value was -85.04 % change on previous year in 2021.
- How does Bhutan rank for service exports (bop, current us$), annual growth rate?
- Bhutan ranks 4th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Bhutan?
- Over the last ten years it is up 13,487.5%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.