Total debt service in Bhutan
Bhutan: Total debt service was 16.6% in 2024. ▲ Rising
Total debt service in Bhutan, 2006–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Bhutan recorded 16.6% for total debt service in 2024.
That represents a change of up 6.2% on the previous year and up 25.8% over ten years.
Over the whole period, total debt service in Bhutan peaked at 18.7% in 2012 and was at its lowest, 2.8%, in 2006.
That places Bhutan 45th out of 120 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Total debt service in Bhutan, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 2006 | 2.8% | — |
| 2007 | 4.8% | +73.5% |
| 2008 | 11.9% | +144.6% |
| 2009 | 12.7% | +7.0% |
| 2010 | 14.4% | +13.7% |
| 2011 | 11.2% | -22.3% |
| 2012 | 18.7% | +66.9% |
| 2013 | 11.8% | -36.8% |
| 2014 | 13.2% | +11.5% |
| 2015 | 18.1% | +37.4% |
| 2016 | 17.6% | -3.0% |
| 2017 | 11.9% | -32.1% |
| 2018 | 11.4% | -4.2% |
| 2019 | 8.4% | -26.8% |
| 2020 | 8.7% | +4.7% |
| 2021 | 17.3% | +98.1% |
| 2022 | 16.2% | -6.5% |
| 2023 | 15.6% | -3.6% |
| 2024 | 16.6% | +6.2% |
Bhutan compared with similar countries
- Bhutan's 16.6% is above the median for lower middle income countries, which is 16.6%, 1.0× the median. (43 countries reporting)
- Bhutan's 16.6% is above the median for South Asia, which is 14.1%, 1.2× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.0% | 2.8% | 12.7% | 4 |
| 2010s | 13.7% | 8.4% | 18.7% | 10 |
| 2020s | 14.9% | 8.7% | 17.3% | 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 total debt service in Bhutan?
- Total debt service in Bhutan was 16.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Bhutan?
- The highest recorded value was 18.7% in 2012.
- What is the lowest total debt service recorded in Bhutan?
- The lowest recorded value was 2.8% in 2006.
- How does Bhutan rank for total debt service?
- Bhutan ranks 45th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Bhutan?
- Over the last ten years it is up 25.8%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.