Bhutan: Trade openness

* indicates monthly or quarterly data series
 Bhutan

Trade openness: exports plus imports as percent of GDP

 Latest value 84.56
 Year 2021
 Measure percent
 Data availability 1980 - 2021
 Average 84.72
 Min - Max 54.11 - 116.55
 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 84.72 percent with a minimum of 54.11 percent in 1980 and a maximum of 116.55 percent in 2006. The latest value from 2021 is 84.56 percent. For comparison, the world average in 2021 based on 158 countries is 92.80 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 openness - recent values

Historical chart
Bhutan - Trade openness - historical chart - 1980-2021




Definition: Exports plus imports as percent of GDP.


 Related indicators Latest value Reference Measure
 Terms of trade 151.20 2021 percent
 Trade openness 84.56 2021 percent
 Exports, percent of GDP 31.83 2021 percent
 Exports, billion dollars 0.81 2021 billion U.S. dollars
 Growth of exports 1.04 2021 percent
 Imports, percent of GDP 52.74 2021 percent
 Imports, billion dollars 1.34 2021 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 2022 million dollars (current)
 Current account, percent of GDP -33.80 2022 percent
 Current account, in dollars -0.85 2022 billion U.S. dollars
 Trade balance, percent of GDP -19.18 2021 percent
 Trade balance, in dollars -0.80 2022 billion U.S. dollars
 Reserves 0.98 2021 billion U.S. dollars
 Remittances, percent of GDP 2.65 2021 percent
 Remittances 94.55 2022 million U.S. dollars
 Net errors and omissions 206.75 2022 million USD
 External debt 128.73 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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