Bhutan Economic Statistics and Indicators

22, Sep 2018, EDT. Welcome to the Bhutan economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Bhutan › Change country
National or Regional Currency: Ngultrum, BTN
Year of data: 2015 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 733643 ; note: the Factbook population estimate is consistent with the first modern census of Bhutan, conducted in 2005; previous Factbook population estimates for Bhutan, which were on the order of three times the total population reported here, were based on Bhutanese Government publications that did not include the census (July 2014 est.)
Area: total: 38,394 sq km ; land: 38,394 sq km ; water: 0 sq km
Natural Resources: timber, hydropower, gypsum, calcium carbonate
Capital: name: Thimphu ; geographic coordinates: 27 28 N, 89 38 E ; time difference: UTC+6 (11 hours ahead of Washington, DC, during Standard Time)

Bhutan's economy, small and less developed, is based largely on agriculture and forestry, which provide the main livelihood for more than half of the population. Because rugged mountains dominate the terrain and make the building of roads and other infrastructure difficult and expensive, industrial production is primarily of the cottage industry type. The economy is closely aligned with India's through strong trade and monetary links and is dependent on India for financial assistance and migrant laborers for development projects, especially for road construction. Multilateral development organizations administer most educational, social, and environment programs, and take into account the government's desire to protect the country's environment and cultural traditions. For example, the government, in its cautious expansion of the tourist sector, encourages visits by upscale, environmentally conscientious tourists. Complicated controls and uncertain policies in areas such as industrial licensing, trade, labor, and finance continue to hamper foreign investment. Bhutan’s largest export - hydropower to India - is creating employment and will probably sustain growth in the coming years. Only 5% of Bhutan’s 30,000 megawatt hydropower potential is currently tapped. The large amount of equipment needed to import materials to build hydropower plants has expanded Bhutan's trade and current account deficits. Bhutan’s GDP has rebounded strongly since the global recession began in 2008. Bhutan hopes to play a larger role in regional economic integration as a member of the South Asia Association for Regional Cooperation and the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation.
More on the Bhutan Economy
More on the Bhutan Export, Import and Trade

Economic Indicator Listing
  For Bhutan in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 7.668 %
GDP (Current Prices, National Currency)BTN 141.198 Billion.
GDP (Current Prices, US Dollars)US$ 2.214 Billion
GDP Deflator 233.041 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)BTN 77,819.83 .
GDP Per Capita (Current Prices, National Currency)BTN 181,352.47 .
GDP Per Capita (Current Prices, US Dollars)US$ 2,843.40
GDP (PPP), US DollarsUS$ 6.385 Billion
GDP Per Capita (PPP), US DollarsUS$ 8,200.67
GDP Share of World Total (PPP) 0.006 %
Implied PPP Conversion Rate 22.114
Investment (% of GDP) 56.035 %
Gross National Savings (% of GDP) 21.6 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 1,221.07 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 7.249 %
Inflation, End of Year (Indexed to Year 2000) 1,075.05 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 7.421 %
Import Volume of All Items Including Goods and Services (Percent Change) 1.775 %
Import Volumes of Goods Only (Percent Change) 1.775 %
Export Volume of All Items Including Goods and Services (Percent Change) 1.375 %
Export Volumes of Goods Only (Percent Change) 1.015 %
Unemployment Rate (% of Labour Force) 3.2 %
Population 0.779 Million
General government revenue (National Currency)BTN 32.085 Billions.
General government revenue (% of GDP) 22.723 %
General government total expenditure (National Currency)BTN 35.406 Billions.
General government total expenditure (% of GDP) 25.076 %
Total Government Net Lending/ Borrowing (National Currency)BTN -3.322 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -2.353 %
Fiscal Year Gross Domestic Product, Current PricesBTN 141.198 Billions.
Current Account Balance (US Dollars)US$ -0.591 Billion
Current Account Balance (% GDP) -26.705 %
Economic Indicators for Bhutan 2015

GDP (Constant Prices, National Currency) for Bhutan in year 2015 is BTN 60.589 Billion.

GDP Growth (Constant Prices, National Currency) for Bhutan in year 2015 is 7.668 %.

GDP (Current Prices, National Currency) for Bhutan in year 2015 is BTN 141.198 Billion.

GDP (Current Prices, US Dollars) for Bhutan in year 2015 is US$ 2.214 Billion.

GDP Deflator for Bhutan in year 2015 is 233.041 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Bhutan in year 2015 is BTN 77,819.83 .

GDP Per Capita (Current Prices, National Currency) for Bhutan in year 2015 is BTN 181,352.47 .

GDP Per Capita (Current Prices, US Dollars) for Bhutan in year 2015 is US$ 2,843.40 .

GDP (PPP), US Dollars for Bhutan in year 2015 is US$ 6.385 Billion.

GDP Per Capita (PPP), US Dollars for Bhutan in year 2015 is US$ 8,200.67 .

GDP Share of World Total (PPP) for Bhutan in year 2015 is 0.006 %.

Implied PPP Conversion Rate for Bhutan in year 2015 is 22.114 .

Investment (% of GDP) for Bhutan in year 2015 is 56.035 %.

Gross National Savings (% of GDP) for Bhutan in year 2015 is 21.6 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Bhutan in year 2015 is 1,221.07 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Bhutan in year 2015 is 7.249 %.

Inflation, End of Year (Indexed to Year 2000) for Bhutan in year 2015 is 1,075.05 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Bhutan in year 2015 is 7.421 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Bhutan in year 2015 is 1.775 %.

Import Volumes of Goods Only (Percent Change) for Bhutan in year 2015 is 1.775 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Bhutan in year 2015 is 1.375 %.

Export Volumes of Goods Only (Percent Change) for Bhutan in year 2015 is 1.015 %.

Unemployment Rate (% of Labour Force) for Bhutan in year 2015 is 3.2 %.

Population for Bhutan in year 2015 is 0.779 Million .

General government revenue (National Currency) for Bhutan in year 2015 is BTN 32.085 Billions.

General government revenue (% of GDP) for Bhutan in year 2015 is 22.723 %.

General government total expenditure (National Currency) for Bhutan in year 2015 is BTN 35.406 Billions.

General government total expenditure (% of GDP) for Bhutan in year 2015 is 25.076 %.

Total Government Net Lending/ Borrowing (National Currency) for Bhutan in year 2015 is BTN -3.322 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Bhutan in year 2015 is -2.353 %.

Fiscal Year Gross Domestic Product, Current Prices for Bhutan in year 2015 is BTN 141.198 Billions.

Current Account Balance (US Dollars) for Bhutan in year 2015 is US$ -0.591 Billion.

Current Account Balance (% GDP) for Bhutan in year 2015 is -26.705 %.

* Source: IMF
Aggregate Indicators for Bhutan
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Bhutan
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Bhutan
  Natural Resources, Agricultural Products, Land Use and Water Use for Bhutan
  Nationality, Ethnic Groups, Languages and Religions for Bhutan
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Bhutan
  Age Structure, Median Age, Gender and Urbanization for Bhutan
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Bhutan
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Bhutan
  HIV, AIDS and Other Major Infectious Disease Rates for Bhutan
  Literacy Rate, Educational Expenditure and School Life Expectancy for Bhutan
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Bhutan
  Industries and Industrial Growth Production Rate for Bhutan
  Labor Force by Occupation for Bhutan
  Poverty Line, Gini Index, Household Income and Consumption for Bhutan
  National Budget and Public Debt for Bhutan
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Bhutan
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Bhutan
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Bhutan
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Bhutan
  Foreign Exchange Reserves and Gold Reserves for Bhutan
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Bhutan
  Exchange Rate Statistics for Bhutan
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Bhutan
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Bhutan
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Bhutan
  Television and Radio Statistics (TV Stats, Radio Stats) for Bhutan
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Bhutan
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Bhutan
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Bhutan
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Bhutan
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Bhutan
* Source: CIA
Internet Indicators for Bhutan
Indicators
  Number of Internet Users for Bhutan
  Internet Penetration Rate for Bhutan
  Number of Facebook Accounts for Bhutan
  Facebook Penetration Rate for Bhutan
* Source: IWS
Economic Freedom Indicators for Bhutan
Indicators
  Economic Freedom World Rank for Bhutan
  Government Spending for Bhutan
  Monetary Freedom for Bhutan
  Investment Freedom for Bhutan
  Financial Freedom for Bhutan
  Property Rights for Bhutan
  Economic Freedom Regional Ranking for Bhutan
  Freedom from Corruption for Bhutan
  Labor Freedom for Bhutan
  Tariff Rate for Bhutan
  Income Tax Rate for Bhutan
  Corporate Tax Rate for Bhutan
  Tax Burden % of GDP for Bhutan
  Government Expenditure % of GDP for Bhutan
  Business Freedom for Bhutan
  Trade Freedom for Bhutan
  Fiscal Freedom for Bhutan
  2016 Score for Bhutan
* Source: HFO
Bhutan Economic Indicators in other Years
  Bhutan Economic Indicators for Year 2021 (Forecast)
  Bhutan Economic Indicators for Year 2020 (Forecast)
  Bhutan Economic Indicators for Year 2019 (Forecast)
  Bhutan Economic Indicators for Year 2018 (Forecast)
  Bhutan Economic Indicators for Year 2017 (Forecast)
  Bhutan Economic Indicators for Year 2016 (Forecast)
Bhutan Economic Indicators for Year 2015 (Current)
  Bhutan Economic Indicators for Year 2014
  Bhutan Economic Indicators for Year 2013
  Bhutan Economic Indicators for Year 2012
  Bhutan Economic Indicators for Year 2011
  Bhutan Economic Indicators for Year 2010
  Bhutan Economic Indicators for Year 2009
  Bhutan Economic Indicators for Year 2008
  Bhutan Economic Indicators for Year 2007
  Bhutan Economic Indicators for Year 2006
  Bhutan Economic Indicators for Year 2005
  Bhutan Economic Indicators for Year 2004
  Bhutan Economic Indicators for Year 2003
  Bhutan Economic Indicators for Year 2002
  Bhutan Economic Indicators for Year 2001
  Bhutan Economic Indicators for Year 2000
  Bhutan Economic Indicators for Year 1999
  Bhutan Economic Indicators for Year 1998
  Bhutan Economic Indicators for Year 1997
  Bhutan Economic Indicators for Year 1996
  Bhutan Economic Indicators for Year 1995
  Bhutan Economic Indicators for Year 1994
  Bhutan Economic Indicators for Year 1993
  Bhutan Economic Indicators for Year 1992
  Bhutan Economic Indicators for Year 1991
  Bhutan Economic Indicators for Year 1990
  Bhutan Economic Indicators for Year 1989
  Bhutan Economic Indicators for Year 1988
  Bhutan Economic Indicators for Year 1987
  Bhutan Economic Indicators for Year 1986
  Bhutan Economic Indicators for Year 1985
  Bhutan Economic Indicators for Year 1984
  Bhutan Economic Indicators for Year 1983
  Bhutan Economic Indicators for Year 1982
  Bhutan Economic Indicators for Year 1981
  Bhutan Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International