Trade in Bhutan
Bhutan: Trade was 79.4% in 2024. ▲ Rising
Trade in Bhutan, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for trade in Bhutan is 79.4%, measured in 2024.
That represents a change of down 2.9% on the previous year and down 9.7% over ten years.
Over the whole period, trade in Bhutan peaked at 108.2% in 2006 and was at its lowest, 54.1%, in 1980.
Bhutan ranks 102nd of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Trade 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)
- Services, value added (current US$), annual growth rate 10.35 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5316 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,388 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 14.96 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 46.33 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 208,162 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 12.45 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5315 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in Bhutan?
- Trade in Bhutan was 79.4% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Bhutan?
- The highest recorded value was 108.2% in 2006.
- What is the lowest trade recorded in Bhutan?
- The lowest recorded value was 54.1% in 1980.
- How does Bhutan rank for trade?
- Bhutan ranks 102nd out of 192 countries with data for 2024.
- Is trade 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.