Remittances received — all countries

Remittances received — Bhutan

Remittances received in Bhutan in 2024 — 109,604,204 US$. Ranked 134 in the world out of 160. Since 2006, the indicator has risen by 4,795.4%.

2024 110M US$ +1.54% vs 2023
World rank 134of 160
Period maximum 110M US$2024
Period minimum 2.24M US$2006

Trend over time

2006–2024 · US$

Remittances received — Bhutan, 2006–2024050M100M150M20062008201020122014201620182020202220242006: 2,238,934 US$2007: 2,933,039 US$2008: 3,548,931 US$2009: 4,866,701 US$2010: 8,273,481 US$2011: 10,460,534 US$2012: 18,144,730 US$2013: 11,804,284 US$2014: 14,292,343 US$2015: 19,656,508 US$2016: 34,343,457 US$2017: 43,153,828 US$2018: 58,148,516 US$2019: 56,658,763 US$2020: 83,435,183 US$2021: 73,367,268 US$2022: 95,956,454 US$2023: 107,937,502 US$2024: 109,604,204 US$
Change over the period: +107M (+4,795.38%) Average annual rate: 24.13 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Bhutan

Bhutan 110M US$
World 857B US$
South Asia 183B US$
Southern Asia computed 218B US$
Lower-middle-income countries computed 416B US$
Remittances received — Bhutan, by year Bhutan All countries CSV XLSX
Year US$ Change Change, %
2024 110M +1.67M +1.54%
2023 108M +11.98M +12.49%
2022 95.96M +22.59M +30.79%
2021 73.37M −10.07M −12.07%
2020 83.44M +26.78M +47.26%
2019 56.66M −1.49M −2.56%
2018 58.15M +14.99M +34.75%
2017 43.15M +8.81M +25.65%
2016 34.34M +14.69M +74.72%
2015 19.66M +5.36M +37.53%
2014 14.29M +2.49M +21.08%
2013 11.8M −6.34M −34.94%
2012 18.14M +7.68M +73.46%
2011 10.46M +2.19M +26.43%
2010 8.27M +3.41M +70%
2009 4.87M +1.32M +37.13%
2008 3.55M +615,891 +21%
2007 2.93M +694,106 +31%
2006 2.24M

Southern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.