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Trade as a share of GDP in Bhutan

Bhutan: Trade as a share of GDP was 79.4% in 2024. ▲ Rising

Latest (2024)
79.4%
Change on year
down 2.9%
World rank
101st
of 191 countries
All-time high
108.2%
in 2006
All-time low
54.1%
in 1980
Years of data
45
1980–2024

Trade as a share of GDP in Bhutan, 1980–2024

02550751001980200220241980: 54.1 % of GDP1981: 66.8 % of GDP1982: 64.7 % of GDP1983: 61.1 % of GDP1984: 61.2 % of GDP1985: 69.8 % of GDP1986: 73.8 % of GDP1987: 64.3 % of GDP1988: 80.5 % of GDP1989: 68.8 % of GDP1990: 61.2 % of GDP1991: 76 % of GDP1992: 91.8 % of GDP1993: 78.8 % of GDP1994: 72.1 % of GDP1995: 83.9 % of GDP1996: 84.6 % of GDP1997: 85.2 % of GDP1998: 85.6 % of GDP1999: 85.9 % of GDP2000: 74 % of GDP2001: 71.1 % of GDP2002: 70.3 % of GDP2003: 72.8 % of GDP2004: 89.1 % of GDP2005: 97.7 % of GDP2006: 108.2 % of GDP2007: 106.9 % of GDP2008: 102 % of GDP2009: 101.6 % of GDP2010: 105 % of GDP2011: 102.8 % of GDP2012: 94 % of GDP2013: 95.1 % of GDP2014: 87.9 % of GDP2015: 89.6 % of GDP2016: 76.4 % of GDP2017: 76.8 % of GDP2018: 79.7 % of GDP2019: 76.1 % of GDP2020: 71.8 % of GDP2021: 77.6 % of GDP2022: 85.6 % of GDP2023: 81.7 % of GDP2024: 79.4 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for trade as a share of gdp in Bhutan is 79.4%, measured in 2024.

The figure is down 2.9% on the previous year and down 9.7% over ten years.

Over the whole period, trade as a share of gdp in Bhutan peaked at 108.2% in 2006 and was at its lowest, 54.1%, in 1980.

That places Bhutan 101st out of 191 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 45 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 66.5% 54.1% 80.5% 10
1990s 80.5% 61.2% 91.8% 10
2000s 89.4% 70.3% 108.2% 10
2010s 88.4% 76.1% 105.0% 10
2020s 79.2% 71.8% 85.6% 5

Countries ranked near Bhutan

  1. 98 Mexico 79.9% compare
  2. 99 Azerbaijan 79.8% compare
  3. 100 Albania 79.5% compare
  4. 102 Bahamas 79.2% compare
  5. 103 Norway 79.1% compare
  6. 104 Germany 78.5% compare

See the full ranking of 191 places →

More economy & growth data for Bhutan

All data for Bhutan →

Frequently asked questions

What is trade as a share of gdp in Bhutan?
Trade as a share of gdp in Bhutan was 79.4% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest trade as a share of gdp recorded in Bhutan?
The highest recorded value was 108.2% in 2006.
What is the lowest trade as a share of gdp recorded in Bhutan?
The lowest recorded value was 54.1% in 1980.
How does Bhutan rank for trade as a share of gdp?
Bhutan ranks 101st out of 191 countries with data for 2024.
Is trade as a share of gdp rising or falling in Bhutan?
Over the last ten years it is down 9.7%. The long-run trend across the full record is rising.
Where does this Bhutan data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.