Bhutan's service imports (current US$, BoP) was US$227.83 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 20.21% from US$189.54 million in 2014 (1.86% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$227.83 million | 2024 |
| Five years earlier | US$219.22 million | 2019 |
| Ten years earlier | US$189.54 million | 2014 |
| Highest | US$323.39 million | 2023 |
| Lowest | US$64.52 million | 2006 |
| Average since 2015 | US$218.24 million | 2015–2024 |
| First recorded | US$64.52 million |
What the numbers say
In 2024, Bhutan's service imports (current US$, BoP) fell 29.5% on 2023 (from US$323.39 million to US$227.83 million).
Across the 17 yearly changes before that (2007 to 2023), the average change was +12.8% and a typical year strayed about 25.6% from that (the standard deviation). This year's change was 1.7 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 54.2% in 2023 and the biggest yearly fall was 39.6% in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 11% 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 2024, Bhutan had the 26th highest value of the 29 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.
| Value | Year | |
|---|---|---|
| Bhutan | US$227.83 million | 2024 |
| World | US$8.75 trillion | 2025 |
| South Asia | US$225.4 billion | 2025 |
| Lower middle income | US$424.83 billion | 2025 |
Closest to Bhutan in the 2024 ranking
- Sierra Leone — 23rd of 29: US$513.94 million
- Liberia — 24th of 29: US$252.84 million
- Solomon Islands — 25th of 29: US$248.42 million
- Guinea-Bissau — 27th of 29: US$198.43 million
- Naoero — 28th of 29: US$88.22 million
- Marshall Islands — 29th of 29: US$64.21 million
What this measures
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 19 values
| Year | Service imports (current US$, BoP) |
|---|---|
| 2024 | 227,833,100 |
| 2023 | 323,392,257 |
| 2022 | 209,715,246 |
| 2021 | 136,160,926 |
| 2020 | 225,520,504 |
| 2019 | 219,218,302 |
| 2018 | 228,261,957 |
| 2017 | 209,836,191 |
| 2016 | 207,400,266 |
| 2015 | 195,095,979 |
| 2014 |
Service imports (current US$, BoP) in nearby economies
- Bangladesh — US$14.69 billion (2025)
- India — US$202.68 billion (2025)
- Maldives — US$1.89 billion (2025)
- Nepal — US$2.54 billion (2025)
- Sri Lanka — US$3.36 billion (2025)
More economic policy & debt data for Bhutan
- Grants, excluding technical cooperation (BoP, current US$) — US$40.14 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — 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$199.44 (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$)
Reading data like this
Questions people ask
- What is Bhutan's service imports (current US$, BoP)?
- US$227.83 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 253.09% from US$64.52 million in 2006 (7.26% a year on average, compounded). The highest value was US$323.39 million in 2023 and the lowest US$64.52 million in 2006.
- How does Bhutan rank?
- 26th highest of 29 economies with data for 2024.
- Is the latest change in service imports (current US$, BoP) unusual for Bhutan?
- In 2024, Bhutan's service imports (current US$, BoP) fell 29.5% on 2023 (from US$323.39 million to US$227.83 million). Across the 17 yearly changes before that (2007 to 2023), the average change was +12.8% and a typical year strayed about 25.6% from that (the standard deviation). This year's change was 1.7 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator BM.GSR.NFSV.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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