Trade openness in Bhutan in 2024 — 79.36%. Ranked 91 in the world out of 172. Since 1980, the indicator has risen by 25.25 pp.
1980–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Bhutan
| Year | % | Change, pp |
|---|---|---|
| 2024 | 79.36 | −2.37 pp |
| 2023 | 81.74 | −3.83 pp |
| 2022 | 85.57 | +7.99 pp |
| 2021 | 77.58 | +5.75 pp |
| 2020 | 71.83 | −4.29 pp |
| 2019 | 76.12 | −3.62 pp |
| 2018 | 79.74 | +2.95 pp |
| 2017 | 76.79 | +0.4 pp |
| 2016 | 76.38 | −13.25 pp |
| 2015 | 89.64 | +1.7 pp |
| 2014 | 87.93 | −7.12 pp |
| 2013 | 95.05 | +1.01 pp |
| 2012 | 94.05 | −8.75 pp |
| 2011 | 102.8 | −2.22 pp |
| 2010 | 105.01 | +3.45 pp |
| 2009 | 101.56 | −0.39 pp |
| 2008 | 101.95 | −4.97 pp |
| 2007 | 106.93 | −1.23 pp |
| 2006 | 108.16 | +10.41 pp |
| 2005 | 97.74 | +8.68 pp |
| 2004 | 89.06 | +16.21 pp |
| 2003 | 72.85 | +2.57 pp |
| 2002 | 70.28 | −0.81 pp |
| 2001 | 71.09 | −2.93 pp |
| 2000 | 74.03 | −11.84 pp |
| 1999 | 85.87 | +0.28 pp |
| 1998 | 85.58 | +0.37 pp |
| 1997 | 85.21 | +0.58 pp |
| 1996 | 84.63 | +0.75 pp |
| 1995 | 83.88 | +11.78 pp |
| 1994 | 72.1 | −6.66 pp |
| 1993 | 78.76 | −13 pp |
| 1992 | 91.76 | +15.79 pp |
| 1991 | 75.97 | +14.76 pp |
| 1990 | 61.22 | −7.6 pp |
| 1989 | 68.81 | −11.67 pp |
| 1988 | 80.48 | +16.2 pp |
| 1987 | 64.28 | −9.49 pp |
| 1986 | 73.77 | +4.01 pp |
| 1985 | 69.75 | +8.51 pp |
| 1984 | 61.25 | +0.13 pp |
| 1983 | 61.12 | −3.56 pp |
| 1982 | 64.68 | −2.1 pp |
| 1981 | 66.78 | +12.67 pp |
| 1980 | 54.11 | — |
The same indicator for neighboring countries — with links to their pages
The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.
Source: World Development Indicators (World Bank), license CC BY 4.0.
Merchandise exports plus imports as a percent of GDP — without services.
Trade Exports (% of GDP)How far the economy is oriented toward external markets.
Trade Imports (% of GDP)How far the economy depends on supplies from abroad.
Trade Trade balanceThe difference between exports and imports of goods and services. A minus means imports are larger.