Terms of trade adjustment in Bhutan
Bhutan: Terms of trade adjustment was -6.63 billion constant LCU in 2024. ◆ Volatile
Terms of trade adjustment in Bhutan, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Bhutan recorded -6.63 billion constant LCU for terms of trade adjustment in 2024.
Compared with earlier readings it is up 29.6% on the previous year and down 6,061.5% over ten years.
Over the whole period, terms of trade adjustment in Bhutan peaked at 1.69 billion constant LCU in 2015 and was at its lowest, -9.41 billion constant LCU, in 2023.
Bhutan ranks 136th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Bhutan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1990 | -264.66 million constant LCU | — |
| 1991 | -307.12 million constant LCU | +16.0% |
| 1992 | -308.28 million constant LCU | +0.4% |
| 1993 | -175.17 million constant LCU | -43.2% |
| 1994 | -194.14 million constant LCU | +10.8% |
| 1995 | -287.30 million constant LCU | +48.0% |
| 1996 | -307.91 million constant LCU | +7.2% |
| 1997 | -369.29 million constant LCU | +19.9% |
| 1998 | -398.48 million constant LCU | +7.9% |
| 1999 | -434.49 million constant LCU | +9.0% |
| 2000 | -448.43 million constant LCU | +3.2% |
| 2001 | -442.89 million constant LCU | -1.2% |
| 2002 | -455.25 million constant LCU | +2.8% |
| 2003 | -528.74 million constant LCU | +16.1% |
| 2004 | -676.07 million constant LCU | +27.9% |
| 2005 | -908.07 million constant LCU | +34.3% |
| 2006 | -1.38 billion constant LCU | +51.8% |
| 2007 | -1.59 billion constant LCU | +15.6% |
| 2008 | -1.44 billion constant LCU | -9.8% |
| 2009 | -1.40 billion constant LCU | -2.4% |
| 2010 | -1.51 billion constant LCU | +7.6% |
| 2011 | -1.56 billion constant LCU | +3.2% |
| 2012 | -1.52 billion constant LCU | -2.4% |
| 2013 | -1.58 billion constant LCU | +3.9% |
| 2014 | 111.22 million constant LCU | -107.0% |
| 2015 | 1.69 billion constant LCU | +1418.4% |
| 2016 | 251.49 million constant LCU | -85.1% |
| 2017 | 0 constant LCU | -100.0% |
| 2018 | -299.38 million constant LCU | — |
| 2019 | -4.34 billion constant LCU | +1348.8% |
| 2020 | -2.08 billion constant LCU | -51.9% |
| 2021 | -1.40 billion constant LCU | -32.6% |
| 2022 | -5.37 billion constant LCU | +282.3% |
| 2023 | -9.41 billion constant LCU | +75.3% |
| 2024 | -6.63 billion constant LCU | -29.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -304.68 million constant LCU | -434.49 million constant LCU | -175.17 million constant LCU | 10 |
| 2000s | -926.98 million constant LCU | -1.59 billion constant LCU | -442.89 million constant LCU | 10 |
| 2010s | -874.89 million constant LCU | -4.34 billion constant LCU | 1.69 billion constant LCU | 10 |
| 2020s | -4.98 billion constant LCU | -9.41 billion constant LCU | -1.40 billion constant LCU | 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)
- GDP (current US$), annual growth rate 6.95 % change on previous year (2025)
- GDP (current US$), per capita 4,493 current US$ per person (2025)
- GDP (current LCU), annual growth rate 11.41 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 87.16 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 391,584 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 8.01 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8878 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 3,989 constant 2015 US$ per person (2025)
Frequently asked questions
- What is terms of trade adjustment in Bhutan?
- Terms of trade adjustment in Bhutan was -6.63 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Bhutan?
- The highest recorded value was 1.69 billion constant LCU in 2015.
- What is the lowest terms of trade adjustment recorded in Bhutan?
- The lowest recorded value was -9.41 billion constant LCU in 2023.
- How does Bhutan rank for terms of trade adjustment?
- Bhutan ranks 136th out of 178 countries with data for 2024.
- Is terms of trade adjustment rising or falling in Bhutan?
- Over the last ten years it is down 6,061.5%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.