Commercial service exports in Bhutan
Bhutan: Commercial service exports was 257.09 million current US$ in 2024. ◆ Volatile
Commercial service exports in Bhutan, 2006–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, commercial service exports in Bhutan stood at 257.09 million current US$. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 106.3% on the previous year and up 109.5% over ten years.
Over the whole period, commercial service exports in Bhutan peaked at 257.09 million current US$ in 2024 and was at its lowest, 18.47 million current US$, in 2021.
Bhutan ranks 167th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Bhutan, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 42.01 million current US$ | — |
| 2007 | 51.81 million current US$ | +23.3% |
| 2008 | 50.73 million current US$ | -2.1% |
| 2009 | 53.26 million current US$ | +5.0% |
| 2010 | 66.88 million current US$ | +25.6% |
| 2011 | 79.69 million current US$ | +19.1% |
| 2012 | 97.40 million current US$ | +22.2% |
| 2013 | 121.20 million current US$ | +24.4% |
| 2014 | 122.74 million current US$ | +1.3% |
| 2015 | 123.53 million current US$ | +0.6% |
| 2016 | 144.17 million current US$ | +16.7% |
| 2017 | 159.76 million current US$ | +10.8% |
| 2018 | 181.19 million current US$ | +13.4% |
| 2019 | 166.63 million current US$ | -8.0% |
| 2020 | 133.32 million current US$ | -20.0% |
| 2021 | 18.47 million current US$ | -86.1% |
| 2022 | 20.12 million current US$ | +8.9% |
| 2023 | 124.63 million current US$ | +519.4% |
| 2024 | 257.09 million current US$ | +106.3% |
Bhutan compared with similar countries
- Bhutan's 257.09 million current US$ is below the median for lower middle income countries, which is 1.21 billion current US$, 21% of the median. (47 countries reporting)
- Bhutan's 257.09 million current US$ is below the median for South Asia, which is 5.95 billion current US$, 4% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Commercial service exports in Bhutan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +519.4% | 20.12 million current US$ | 124.63 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.45 million current US$ | 42.01 million current US$ | 53.26 million current US$ | 4 |
| 2010s | 126.32 million current US$ | 66.88 million current US$ | 181.19 million current US$ | 10 |
| 2020s | 110.73 million current US$ | 18.47 million current US$ | 257.09 million current US$ | 5 |
Countries ranked near Bhutan
More private sector data for Bhutan
- Merchandise trade 83.3% (2025)
- Food imports 11.4% (2025)
- Manufactures imports 70.4% (2025)
- Merchandise imports 2.18 billion current US$ (2025)
- Food exports 5.9% (2025)
- Manufactures exports 58.7% (2025)
- Merchandise exports 800.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,004 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2235 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.1 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports in Bhutan?
- Commercial service exports in Bhutan was 257.09 million current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Bhutan?
- The highest recorded value was 257.09 million current US$ in 2024.
- What is the lowest commercial service exports recorded in Bhutan?
- The lowest recorded value was 18.47 million current US$ in 2021.
- How does Bhutan rank for commercial service exports?
- Bhutan ranks 167th out of 200 countries with data for 2024.
- Is commercial service exports rising or falling in Bhutan?
- Over the last ten years it is up 109.5%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.