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Country Intelligence

Bhutan

South Asia

Comprehensive economic, trade, industry and opportunity intelligence for Bhutan.

Capital Thimphu
Population 796,682 (2025)
Currency Bhutanese Ngultrum (BTN)
Language Dzongkha
Government Constitutional monarchy
Region South Asia
Income Level Lower middle income (World Bank)

Key Economic Indicators

Latest Available Data
GDP (Nominal)$3.58B (2025)Annual data
GDP Growth (Real)8.01% (2025)Annual data
GDP Per Capita$4,492.78 (2025)Annual data
Inflation (CPI, annual)3.56% (2025)Annual data
Unemployment (modeled ILO)3.23% (2025)Annual data
Population796,682 (2025)Annual data
Source: World Bank. Annual data; each card displays its own reference year. View More Economic Data

Trade Overview (Goods)

Merchandise Exports$800M (2025)
Merchandise Imports$2.18B (2025)
Trade Balance-$1.38B (2025)
Source: World Bank merchandise trade. Balance uses a common year.

Top Trading Partners — Total Goods Trade

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Source: UN Comtrade; annual goods trade
  1. 1.Hydropower
  2. 2.Tourism
  3. 3.Agriculture
  4. 4.Ferroalloys
  5. 5.Forestry
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  1. 1.Data unavailable
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  1. 1.Data unavailable
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Market Outlook

Bhutan is a lower-middle-income economy in South Asia with nominal GDP of $3.58B (2025) and real growth of 8.01% (2025). Key sectors include Hydropower, Tourism and Agriculture. Explore dated official statistics, trade flows and ATN business opportunities for Bhutan.

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Investment Indicators

Latest Available Data
FDI Net Inflows$2.82M (2024)Annual data
Inward FDI StockData unavailableUNCTAD · annual observation pending refresh
Doing Business Rank (historical)Data unavailableHistorical series

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ATN Opportunities In Bhutan

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Land Area 38,140 km² (2023)
Time Zone UTC+6
Major Ports Landlocked (via Kolkata)
Major Airports Paro (PBH)
Internet Users (% population) 91.28% (2024)
Mobile Subscriptions 789,606 (2024)
Source: World Bank (land, internet, mobile). Time zone, ports and airports: ATN editorial reference. View More Country Data

Bhutan On The Map

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More Country Intelligence · South Asia

Compare Bhutan with neighbouring markets.

Afghanistan AfghanistanGDP: $17.78B (2024) Bangladesh BangladeshGDP: $456.32B (2025) India IndiaGDP: $3.96T (2025) Maldives MaldivesGDP: $7.74B (2025) Nepal NepalGDP: $45.49B (2025) Pakistan PakistanGDP: $407.31B (2025) Sri Lanka Sri LankaGDP: $108.83B (2025) Armenia ArmeniaGDP: $29.24B (2025) Azerbaijan AzerbaijanGDP: $75.94B (2025) Brunei BruneiGDP: $15.03B (2025) Cambodia CambodiaGDP: $51.27B (2025) China ChinaGDP: $19.5T (2025)
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