Bhutan: External debt
* indicates monthly or quarterly data series
| Bhutan |
External debt, percent of Gross National Income |
|---|---|
| Latest value | 117.52 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1981 - 2021 |
| Average | 60.30 |
| Min - Max | 0.30 - 131.19 |
| Source | The World Bank |
The latest value from 2021 is 117.52 percent, a decline from 131.19 percent in 2020. In comparison, the world average is 62.74 percent, based on data from 118 countries. Historically, the average for Bhutan from 1981 to 2021 is 60.3 percent. The minimum value, 0.3 percent, was reached in 1981 while the maximum of 131.19 percent was recorded in 2020.
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* indicates monthly or quarterly data series
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The external debt of Bhutan and other countries is reported as the total international obligations of the country as percent of its GDP. External debt of less than 60 percent of GDP is not a problem. At higher levels, paying the interest on the debt may start to become difficult.
Definition: Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 151.20 | 2021 | percent |
| Trade openness | 85.93 | 2022 | percent |
| Financial openness | -1.242 | 2021 | index points |
| Exports, percent of GDP | 25.79 | 2022 | percent |
| Exports, billion dollars | 0.75 | 2022 | billion U.S. dollars |
| Growth of exports | -8.10 | 2022 | percent |
| Imports, percent of GDP | 60.14 | 2022 | percent |
| Imports, billion dollars | 1.74 | 2022 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.25 | 2021 | percent |
| Foreign Direct Investment, billion dollars | 0.01 | 2022 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 2023 | million dollars (current) |
| Current account, percent of GDP | -33.73 | 2023 | percent |
| Current account, in dollars | -1.00 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | -19.18 | 2021 | percent |
| Trade balance, in dollars | -0.94 | 2023 | billion U.S. dollars |
| Reserves | 0.98 | 2021 | billion U.S. dollars |
| Remittances, percent of GDP | 3.31 | 2022 | percent |
| Remittances | 107.94 | 2023 | million U.S. dollars |
| Net errors and omissions | 165.96 | 2023 | million USD |
| External debt | 117.52 | 2021 | percent |
| Short-term external debt | 0.19 | 2022 | percent |
| Short-term debt to reserves | 0.30 | 2021 | percent |
| Foreign exchange reserves | 101.43 | 6/2024 | billion |