Service exports — all countries

Service exports — Bhutan

Service exports in Bhutan in 2024 — 288,136,244 US$. Ranked 143 in the world out of 165. Since 2006, the indicator has risen by 457.1%.

2024 288M US$ +126.6% vs 2023
World rank 143of 165
Period maximum 288M US$2024
Period minimum 20.15M US$2021

Trend over time

2006–2024 · US$

Service exports — Bhutan, 2006–20240100M200M300M20062008201020122014201620182020202220242006: 51,717,644 US$2007: 60,191,694 US$2008: 54,767,823 US$2009: 56,316,596 US$2010: 68,835,104 US$2011: 81,886,014 US$2012: 102,159,014 US$2013: 123,320,848 US$2014: 124,469,919 US$2015: 125,404,694 US$2016: 145,794,311 US$2017: 161,723,184 US$2018: 182,868,670 US$2019: 168,185,589 US$2020: 134,739,949 US$2021: 20,154,094 US$2022: 21,909,932 US$2023: 127,157,615 US$2024: 288,136,244 US$
Change over the period: +236M (+457.13%) Average annual rate: 10.01 %

Comparison, 2024

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

Bhutan 288M US$
World 8.85T US$
South Asia 397B US$
Southern Asia computed 405B US$
Lower-middle-income countries computed 639B US$
Service exports — Bhutan, by year Bhutan All countries CSV XLSX
Year US$ Change Change, %
2024 288M +161M +126.6%
2023 127M +105M +480.37%
2022 21.91M +1.76M +8.71%
2021 20.15M −115M −85.04%
2020 135M −33.45M −19.89%
2019 168M −14.68M −8.03%
2018 183M +21.15M +13.08%
2017 162M +15.93M +10.93%
2016 146M +20.39M +16.26%
2015 125M +934,775 +0.75%
2014 124M +1.15M +0.93%
2013 123M +21.16M +20.71%
2012 102M +20.27M +24.76%
2011 81.89M +13.05M +18.96%
2010 68.84M +12.52M +22.23%
2009 56.32M +1.55M +2.83%
2008 54.77M −5.42M −9.01%
2007 60.19M +8.47M +16.39%
2006 51.72M

Southern Asia, 2024

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

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

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