Trade as a share of GDP in Bhutan
Bhutan: Trade as a share of GDP was 79.4% in 2024. ▲ Rising
Trade as a share of GDP in Bhutan, 1980–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for trade as a share of gdp in Bhutan is 79.4%, measured in 2024.
The figure is down 2.9% on the previous year and down 9.7% over ten years.
Over the whole period, trade as a share of gdp in Bhutan peaked at 108.2% in 2006 and was at its lowest, 54.1%, in 1980.
That places Bhutan 101st out of 191 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Trade as a share of GDP in Bhutan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 54.1% | — |
| 1981 | 66.8% | +23.4% |
| 1982 | 64.7% | -3.1% |
| 1983 | 61.1% | -5.5% |
| 1984 | 61.2% | +0.2% |
| 1985 | 69.8% | +13.9% |
| 1986 | 73.8% | +5.8% |
| 1987 | 64.3% | -12.9% |
| 1988 | 80.5% | +25.2% |
| 1989 | 68.8% | -14.5% |
| 1990 | 61.2% | -11.0% |
| 1991 | 76.0% | +24.1% |
| 1992 | 91.8% | +20.8% |
| 1993 | 78.8% | -14.2% |
| 1994 | 72.1% | -8.5% |
| 1995 | 83.9% | +16.3% |
| 1996 | 84.6% | +0.9% |
| 1997 | 85.2% | +0.7% |
| 1998 | 85.6% | +0.4% |
| 1999 | 85.9% | +0.3% |
| 2000 | 74.0% | -13.8% |
| 2001 | 71.1% | -4.0% |
| 2002 | 70.3% | -1.1% |
| 2003 | 72.8% | +3.7% |
| 2004 | 89.1% | +22.3% |
| 2005 | 97.7% | +9.7% |
| 2006 | 108.2% | +10.7% |
| 2007 | 106.9% | -1.1% |
| 2008 | 102.0% | -4.7% |
| 2009 | 101.6% | -0.4% |
| 2010 | 105.0% | +3.4% |
| 2011 | 102.8% | -2.1% |
| 2012 | 94.0% | -8.5% |
| 2013 | 95.1% | +1.1% |
| 2014 | 87.9% | -7.5% |
| 2015 | 89.6% | +1.9% |
| 2016 | 76.4% | -14.8% |
| 2017 | 76.8% | +0.5% |
| 2018 | 79.7% | +3.8% |
| 2019 | 76.1% | -4.5% |
| 2020 | 71.8% | -5.6% |
| 2021 | 77.6% | +8.0% |
| 2022 | 85.6% | +10.3% |
| 2023 | 81.7% | -4.5% |
| 2024 | 79.4% | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 66.5% | 54.1% | 80.5% | 10 |
| 1990s | 80.5% | 61.2% | 91.8% | 10 |
| 2000s | 89.4% | 70.3% | 108.2% | 10 |
| 2010s | 88.4% | 76.1% | 105.0% | 10 |
| 2020s | 79.2% | 71.8% | 85.6% | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.69 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 81.44 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 344,353 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.857 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 3,623 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 7.56 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 59.61 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is trade as a share of gdp in Bhutan?
- Trade as a share of gdp in Bhutan was 79.4% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest trade as a share of gdp recorded in Bhutan?
- The highest recorded value was 108.2% in 2006.
- What is the lowest trade as a share of gdp recorded in Bhutan?
- The lowest recorded value was 54.1% in 1980.
- How does Bhutan rank for trade as a share of gdp?
- Bhutan ranks 101st out of 191 countries with data for 2024.
- Is trade as a share of gdp rising or falling in Bhutan?
- Over the last ten years it is down 9.7%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Trade in goods and services as a share of GDP, shown as a percentage.