Bhutan: Trade balance, percent of GDP

* indicates monthly or quarterly data series

Trade balance as percent of GDP

 Latest value -19.18
 Year 2021
 Measure percent
 Data availability 1980 - 2021
 Average -20.75
 Min - Max -38.12 - -2.38
 Source The World Bank
For that indicator, we provide data for Bhutan from 1980 to 2021. The average value for Bhutan during that period was -20.75 percent with a minimum of -38.12 percent in 1985 and a maximum of -2.38 percent in 2007. The latest value from 2021 is -19.18 percent. For comparison, the world average in 2021 based on 160 countries is -4.49 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Bhutan - Trade balance, percent of GDP - Recent values chart

Historical chart
Bhutan - Trade balance, percent of GDP - historical chart - 1980-2021

The trade balance for Bhutan and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

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 Related indicators Latest value Reference Measure
 Terms of trade 151.20 2021 percent
 Trade openness 77.60 2021 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 29.20 2021 percent
 Exports, billion dollars 0.75 2022 billion U.S. dollars
 Growth of exports 1.04 2021 percent
 Imports, percent of GDP 48.38 2021 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 2.65 2021 percent
 Remittances 95.92 2022 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 96.79 9/2023 billion
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