External balance on goods and services in Bhutan

Bhutan: External balance on goods and services was -26.21 billion constant LCU in 2024. ▼ Falling

Latest (2024)
-26.21 billion constant LCU
Change on year
up 22.3%
World rank
99th
of 161 countries
All-time high
-19.33 billion constant LCU
in 2019
All-time low
-48.05 billion constant LCU
in 2022
Years of data
8
2017–2024

External balance on goods and services in Bhutan, 2017–2024

-50.0B-40.0B-30.0B-20.0B2017202020242017: -33.6B constant LCU2018: -34.7B constant LCU2019: -19.3B constant LCU2020: -24.0B constant LCU2021: -30.0B constant LCU2022: -48.0B constant LCU2023: -33.7B constant LCU2024: -26.2B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

Bhutan recorded -26.21 billion constant LCU for external balance on goods and services in 2024.

The figure is up 22.3% on the previous year and up 21.9% over ten years.

Bhutan ranks 99th of 161 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s -29.20 billion constant LCU -34.70 billion constant LCU -19.33 billion constant LCU 3
2020s -32.42 billion constant LCU -48.05 billion constant LCU -24.03 billion constant LCU 5

Countries ranked near Bhutan

  1. 96 United Kingdom -20.83 billion constant LCU compare
  2. 97 Gambia -22.82 billion constant LCU compare
  3. 98 Peru -24.04 billion constant LCU compare
  4. 100 Vanuatu -35.09 billion constant LCU compare
  5. 101 Cape Verde -40.77 billion constant LCU compare
  6. 102 Argentina -48.32 billion constant LCU compare

See the full ranking of 161 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is external balance on goods and services in Bhutan?
External balance on goods and services in Bhutan was -26.21 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in Bhutan?
The highest recorded value was -19.33 billion constant LCU in 2019.
What is the lowest external balance on goods and services recorded in Bhutan?
The lowest recorded value was -48.05 billion constant LCU in 2022.
How does Bhutan rank for external balance on goods and services?
Bhutan ranks 99th out of 161 countries with data for 2024.
Is external balance on goods and services rising or falling in Bhutan?
Over the last ten years it is up 21.9%. The long-run trend across the full record is falling.
Where does this Bhutan data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 3,197 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.