Volume of remittances (in United States dollars) … total in Bhutan
Bhutan: Volume of remittances (in United States dollars) … total was 3.6% in 2023. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Bhutan, 2006–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, volume of remittances (in united states dollars) as a proportion of in Bhutan stood at 3.6%. That is the highest value across all 18 years on record.
That represents a change of up 8.2% on the previous year and up 489.9% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Bhutan peaked at 3.6% in 2023 and was at its lowest, 0.2%, in 2007.
Bhutan ranks 81st of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) … total in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 0.2% | — |
| 2007 | 0.2% | -1.6% |
| 2008 | 0.3% | +15.3% |
| 2009 | 0.4% | +35.7% |
| 2010 | 0.5% | +32.4% |
| 2011 | 0.5% | +9.2% |
| 2012 | 0.9% | +73.8% |
| 2013 | 0.6% | -33.9% |
| 2014 | 0.7% | +12.7% |
| 2015 | 0.9% | +31.3% |
| 2016 | 1.5% | +62.1% |
| 2017 | 1.7% | +14.3% |
| 2018 | 2.3% | +35.2% |
| 2019 | 2.1% | -8.0% |
| 2020 | 3.4% | +63.9% |
| 2021 | 2.6% | -22.0% |
| 2022 | 3.3% | +24.9% |
| 2023 | 3.6% | +8.2% |
Bhutan compared with similar countries
- Bhutan's 3.6% is below the median for lower middle income countries, which is 6.1%, 59% of the median. (43 countries reporting)
- Bhutan's 3.6% is below the median for South Asia, which is 4.8%, 74% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3% | 0.2% | 0.4% | 4 |
| 2010s | 1.2% | 0.5% | 2.3% | 10 |
| 2020s | 3.2% | 2.6% | 3.6% | 4 |
Countries ranked near Bhutan
More economy & growth data for Bhutan
- Real gdp growth, annual growth rate 24.04 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 45.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5765 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 32.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Bhutan?
- Volume of remittances (in united states dollars) as a proportion of in Bhutan was 3.6% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Bhutan?
- The highest recorded value was 3.6% in 2023.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Bhutan?
- The lowest recorded value was 0.2% in 2007.
- How does Bhutan rank for volume of remittances (in united states dollars) as a proportion of?
- Bhutan ranks 81st out of 205 countries with data for 2023.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Bhutan?
- Over the last ten years it is up 489.9%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
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