Bhutan's grants, excluding technical cooperation (BoP, current US$) was US$40.14 million in 2023, the latest year in the World Bank's World Development Indicators. That is down 51.45% from US$82.68 million in 2013 (6.97% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$40.14 million | 2023 |
| Five years earlier | US$56.61 million | 2018 |
| Ten years earlier | US$82.68 million | 2013 |
| Highest | US$96.68 million | 2019 |
| Lowest | US$10,000 | 1963 |
| Average since 2014 | US$59.2 million | 2014–2023 |
| First recorded | US$10,000 |
What the numbers say
In 2023, Bhutan's grants, excluding technical cooperation (BoP, current US$) fell 27.5% on 2022 (from US$55.35 million to US$40.14 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was +5.3% and a typical year strayed about 27.5% from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 1,500% in 1965 and the biggest yearly fall was 87.5% in 1966. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Bhutan had the 122nd highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Bhutan in the 2023 ranking
- Algeria — 118th of 136: US$66.19 million
- Iran, Islamic Rep. — 119th of 136: US$56.44 million
- Cabo Verde — 120th of 136: US$42.27 million
- Malaysia — 122nd of 136: US$39.28 million
- Naoero — 123rd of 136: US$35.36 million
- Suriname — 124th of 136: US$30.49 million
What this measures
Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 61 values
| Year | Grants, excluding technical cooperation (BoP, current US$) |
|---|---|
| 2023 | 40,142,882 |
| 2022 | 55,350,583 |
| 2021 | 61,961,195 |
| 2020 | 81,106,611 |
| 2019 | 96,676,819 |
| 2018 | 56,608,446 |
| 2017 | 50,338,869 |
| 2016 | 38,819,513 |
| 2015 | 58,624,164 |
| 2014 | 52,373,750 |
Grants, excluding technical cooperation (BoP, current US$) in nearby economies
- Bangladesh — US$1.45 billion (2023)
- India — US$645.38 million (2023)
- Maldives — US$148.38 million (2023)
- Nepal — US$488.98 million (2023)
- Sri Lanka — US$320.89 million (2023)
More economic policy & debt data for Bhutan
- Net bilateral aid flows from DAC donors, Total (current US$) — US$77.45 million (2023)
- Net official development assistance and official aid received (current US$) — US$156.84 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$156.84 million (2023)
- Net official development assistance received (current US$) — US$156.84 million (2023)
- Net official development assistance received (constant 2023 US$) — US$156.84 million (2023)
- Net ODA received per capita (current US$) — US$199.44 (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$) — US$60.91 million (2023)
- Net bilateral aid flows from DAC donors, Australia (current US$)
Reading data like this
Questions people ask
- What is Bhutan's grants, excluding technical cooperation (BoP, current US$)?
- US$40.14 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1963?
- It is up 401,329% from US$10,000 in 1963 (14.83% a year on average, compounded). The highest value was US$96.68 million in 2019 and the lowest US$10,000 in 1963.
- How does Bhutan rank?
- 122nd highest of 136 economies with data for 2023.
- Is the latest change in grants, excluding technical cooperation (BoP, current US$) unusual for Bhutan?
Source
World Bank, World Development Indicators, indicator BX.GRT.EXTA.CD.WD, licensed CC BY 4.0. Original source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), uri: DSD_DAC2@DF_DAC2A, note: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows, Developm… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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