Bhutan: High-technology exports (current US$)

Key figures

Over five years it is down 90.19% from US$282,972 in 2018 (37.15% a year on average, compounded). Since 2007 it is down 98.57% from US$1.94 million in 2007 (23.32% a year on average, compounded). The World Bank has no value for 4 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2023, Bhutan's high-technology exports (current US$) fell 21.7% on 2022 (from US$35,440 to US$27,754).

Across the 9 yearly changes before that (2008 to 2022), the average change was +2,839.3% and a typical year strayed about 7,135.8% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 21,434.9% in 2012 and the biggest yearly fall was 99.9% in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

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 28th highest value of the 28 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

• Comoros — 25th of 28: US$91,529
• Cabo Verde — 26th of 28: US$73,876
• São Tomé and Principe — 27th of 28: US$70,979

What this measures

High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.

Limitations: The indicator is based on data reported by countries to COMTRADE. The export values presented in the World Development Indicators represent Gross Exports less Re-Exports. The values may be impacted in cases of reporting errors or missing data, for example if countries do not report Re-Exports for one or more periods.

Regional and income-group figures are computed by the World Bank as a sum.

All 13 values

High-technology exports (current US$) in nearby economies

• Bangladesh — US$204.15 million (2018)
• India — US$54.14 billion (2024)
• Nepal — US$3.82 million (2022)
• Sri Lanka — US$120.79 million (2024)

More infrastructure data for Bhutan

• Fixed telephone subscriptions — 0 (2024)
• Fixed telephone subscriptions (per 100 people) — 0 (2024)
• Mobile cellular subscriptions — 789,606 (2024)
• Mobile cellular subscriptions (per 100 people) — 99.76 (2024)
• Air transport, registered carrier departures worldwide — 3,752 (2023)
• Air transport, passengers carried — 189,878 (2023)
• Scientific and technical journal articles — 102.52 (2023)
• Individuals using the Internet (% of population) — 91.28% (2024)
• Air transport, freight (million ton-km) — 0.5 (2023)
• ICT service exports (BoP, current US$)

Reading data like this

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Questions people ask

What is Bhutan's high-technology exports (current US$)?

US$27,754 in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2007?

It is down 98.57% from US$1.94 million in 2007 (23.32% a year on average, compounded). The highest value was US$3.59 million in 2016 and the lowest US$272 in 2011.

How does Bhutan rank?

28th highest of 28 economies with data for 2023.

Is the latest change in high-technology exports (current US$) unusual for Bhutan?

In 2023, Bhutan's high-technology exports (current US$) fell 21.7% on 2022 (from US$35,440 to US$27,754). Across the 9 yearly changes before that (2008 to 2022), the average change was +2,839.3% and a typical year strayed about 7,135.8% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.TECH.CD, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), uri: comtrade.un.org, publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB), uri: https://wits.worldbank.org/ 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.

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