Bhutan's travel services (% of service imports, BoP) was 45.48% in 2024, the latest year in the World Bank's World Development Indicators. That is up 23.15 percentage points from 22.33% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 45.48% | 2024 |
| Five years earlier | 30.52% | 2019 |
| Ten years earlier | 22.33% | 2014 |
| Highest | 53.42% | 2008 |
| Lowest | 13.39% | 2021 |
| Average since 2015 | 28.95% | 2015–2024 |
| First recorded | 34.79% | 2006 |
What the numbers say
In 2024, Bhutan's travel services (% of service imports, BoP) fell 5.4 percentage points on 2023 (from 50.89% to 45.48%).
Across the 17 yearly changes before that (2007 to 2023), the average change was +0.95 percentage points and a typical year strayed about 12.59 percentage points from that (the standard deviation). This year's change was 0.5 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 32.4 percentage points in 2023 and the biggest yearly fall was 20.12 percentage points in 2009. 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 19% 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 1st 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.
| Value | Year | |
|---|---|---|
| Bhutan | 45.48% | 2024 |
| World | 20.43% | 2025 |
| South Asia | 18.01% | 2025 |
| Lower middle income | 19.46% | 2025 |
Closest to Bhutan in the 2024 ranking
- Guinea-Bissau — 2nd of 28: 41.19%
- Rwanda — 3rd of 28: 36.72%
- Naoero — 4th of 28: 33.73%
What this measures
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 19 values
| Year | Travel services (% of service imports, BoP) |
|---|---|
| 2024 | 45.48 |
| 2023 | 50.89 |
| 2022 | 18.49 |
| 2021 | 13.39 |
| 2020 | 22.02 |
| 2019 | 30.52 |
| 2018 | 34.75 |
| 2017 | 28.99 |
| 2016 | 24.6 |
| 2015 | 20.41 |
| 2014 |
Travel services (% of service imports, BoP) in nearby economies
- Bangladesh — 13.78% (2025)
- India — 17.53% (2025)
- Maldives — 27.67% (2025)
- Nepal — 64.67% (2025)
- Sri Lanka — 24.67% (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 travel services (% of service imports, BoP)?
- 45.48% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 10.7 percentage points from 34.79% in 2006. The highest value was 53.42% in 2008 and the lowest 13.39% in 2021.
- How does Bhutan rank?
- 1st highest of 28 economies with data for 2024.
- Is the latest change in travel services (% of service imports, BoP) unusual for Bhutan?
- In 2024, Bhutan's travel services (% of service imports, BoP) fell 5.4 percentage points on 2023 (from 50.89% to 45.48%). Across the 17 yearly changes before that (2007 to 2023), the average change was +0.95 percentage points and a typical year strayed about 12.59 percentage points from that (the standard deviation). This year's change was 0.5 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 BM.GSR.TRVL.ZS, 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.
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