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Bhutan: Exports of goods and services (% of GDP)

In , Bhutan's Exports of goods and services (% of GDP) was 28.39.

That's up 11.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 44.26 .

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2023

Trend (2005–2023)

Bhutan Exports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
52.36
Trough
25.50
1-year change
+11.3%
5-year change
-2.7%
-0.6% / yr
10-year change
-24.2%
-2.7% / yr

Historical Data — Last 10 Years

Year Exports of goods and services (% of GDP)
28.3881
25.4988
29.1987
28.0656
31.4575
29.1897
28.4464
27.1228
31.5361
34.1893

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Bhutan's Exports of goods and services (% of GDP) in 2023?
In 2023, Bhutan's Exports of goods and services (% of GDP) was 28.39, according to World Bank Open Data.
Is Bhutan's Exports of goods and services (% of GDP) rising or falling?
Bhutan's Exports of goods and services (% of GDP) rose 11.3% from 2022 to 2023.
How does Bhutan's Exports of goods and services (% of GDP) compare to the world average?
The global average for Exports of goods and services (% of GDP) in 2023 was 44.26, so Bhutan is below the world average.
What is Exports of goods and services (% of GDP) and how is it measured?
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.