Service exports (BoP, current US$) in Bhutan
Bhutan: Service exports (BoP, current US$) was 288.14 million BoP, current US$ in 2024. ◆ Volatile
Service exports in Bhutan, 2006–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bhutan recorded 288.14 million BoP, current US$ for service exports in 2024. That is the highest value across all 19 years on record.
That represents a change of up 126.6% on the previous year and up 131.5% over ten years.
Over the whole period, service exports in Bhutan peaked at 288.14 million BoP, current US$ in 2024 and was at its lowest, 20.15 million BoP, current US$, in 2021.
That places Bhutan 166th out of 200 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$) in Bhutan, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2006 | 51.72 million BoP, current US$ | — |
| 2007 | 60.19 million BoP, current US$ | +16.4% |
| 2008 | 54.77 million BoP, current US$ | -9.0% |
| 2009 | 56.32 million BoP, current US$ | +2.8% |
| 2010 | 68.84 million BoP, current US$ | +22.2% |
| 2011 | 81.89 million BoP, current US$ | +19.0% |
| 2012 | 102.16 million BoP, current US$ | +24.8% |
| 2013 | 123.32 million BoP, current US$ | +20.7% |
| 2014 | 124.47 million BoP, current US$ | +0.9% |
| 2015 | 125.41 million BoP, current US$ | +0.8% |
| 2016 | 145.79 million BoP, current US$ | +16.3% |
| 2017 | 161.72 million BoP, current US$ | +10.9% |
| 2018 | 182.87 million BoP, current US$ | +13.1% |
| 2019 | 168.19 million BoP, current US$ | -8.0% |
| 2020 | 134.74 million BoP, current US$ | -19.9% |
| 2021 | 20.15 million BoP, current US$ | -85.0% |
| 2022 | 21.91 million BoP, current US$ | +8.7% |
| 2023 | 127.16 million BoP, current US$ | +480.4% |
| 2024 | 288.14 million BoP, current US$ | +126.6% |
Bhutan compared with similar countries
- Bhutan's 288.14 million BoP, current US$ is below the median for lower middle income countries, which is 1.27 billion BoP, current US$, 23% of the median. (47 countries reporting)
- Bhutan's 288.14 million BoP, current US$ is below the median for South Asia, which is 6.43 billion BoP, current US$, 4% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$) 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 | +480.4% | 21.91 million BoP, current US$ | 127.16 million BoP, current US$ |
| 2024 | +126.6% | 127.16 million BoP, current US$ | 288.14 million BoP, current US$ |
| 2021 | -85.0% | 134.74 million BoP, current US$ | 20.15 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 55.75 million BoP, current US$ | 51.72 million BoP, current US$ | 60.19 million BoP, current US$ | 4 |
| 2010s | 128.46 million BoP, current US$ | 68.84 million BoP, current US$ | 182.87 million BoP, current US$ | 10 |
| 2020s | 118.42 million BoP, current US$ | 20.15 million BoP, current US$ | 288.14 million BoP, current US$ | 5 |
Countries ranked near Bhutan
- 163 Saint Vincent and the Grenadines 381.78 million BoP, current US$ compare
- 164 Samoa 328.00 million BoP, current US$ compare
- 165 Eswatini 311.96 million BoP, current US$ compare
- 167 Gabon 277.34 million BoP, current US$ compare
- 168 Sudan 271.58 million BoP, current US$ compare
- 169 Niger 247.65 million BoP, current US$ compare
More economy & growth data for Bhutan
- Real gdp growth, annual growth rate 24.04 % change on previous year (2024)
- 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)
Frequently asked questions
- What is service exports in Bhutan?
- Service exports in Bhutan was 288.14 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Bhutan?
- The highest recorded value was 288.14 million BoP, current US$ in 2024.
- What is the lowest service exports recorded in Bhutan?
- The lowest recorded value was 20.15 million BoP, current US$ in 2021.
- How does Bhutan rank for service exports?
- Bhutan ranks 166th out of 200 countries with data for 2024.
- Is service exports rising or falling in Bhutan?
- Over the last ten years it is up 131.5%. The long-run trend across the full record is volatile.
- 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-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.