Travel services in Bhutan
Bhutan: Travel services was 69.1% in 2024. ▼ Falling
Travel services in Bhutan, 2006–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for travel services in Bhutan is 69.1%, measured in 2024.
The figure is down 1.6% on the previous year and up 2.5% over ten years.
Over the whole period, travel services in Bhutan peaked at 74.8% in 2015 and was at its lowest, 1.1%, in 2022.
Bhutan ranks 33rd of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Travel services in Bhutan, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2006 | 44.5% | — |
| 2007 | 47.0% | +5.6% |
| 2008 | 66.7% | +41.9% |
| 2009 | 74.7% | +12.1% |
| 2010 | 58.3% | -22.0% |
| 2011 | 57.5% | -1.4% |
| 2012 | 60.1% | +4.6% |
| 2013 | 67.5% | +12.3% |
| 2014 | 67.4% | -0.1% |
| 2015 | 74.8% | +11.0% |
| 2016 | 62.8% | -16.0% |
| 2017 | 64.9% | +3.4% |
| 2018 | 56.3% | -13.3% |
| 2019 | 71.2% | +26.4% |
| 2020 | 62.6% | -12.0% |
| 2021 | 8.7% | -86.1% |
| 2022 | 1.1% | -87.5% |
| 2023 | 70.2% | +6362.1% |
| 2024 | 69.1% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.2% | 44.5% | 74.7% | 4 |
| 2010s | 64.1% | 56.3% | 74.8% | 10 |
| 2020s | 42.4% | 1.1% | 70.2% | 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 travel services in Bhutan?
- Travel services in Bhutan was 69.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Bhutan?
- The highest recorded value was 74.8% in 2015.
- What is the lowest travel services recorded in Bhutan?
- The lowest recorded value was 1.1% in 2022.
- How does Bhutan rank for travel services?
- Bhutan ranks 33rd out of 198 countries with data for 2024.
- Is travel services rising or falling in Bhutan?
- Over the last ten years it is up 2.5%. The long-run trend across the full record is falling.
- 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 Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.