You are here >1uptravel > International > Asia > Bhutan



 At a Glance



  History & Culture








 Worth a Visit !!



  Maps & Cities


  Eating Out



  Travel Links

 Country Facts









  Transnational issues


  Bhutan Guide
  Bhutan Maps
  Bhutan Hotels
  Bhutan Flag
  More Bhutan Flags
  Bhutan Geography
  Bhutan Travel Warning

Travel & Tourism . Tourist Guide to the Country

Bhutan Economy

Bhutan    Economy Top of Page
Economy - overview: The economy, one of the world's smallest and least developed, is based on agriculture and forestry, which provide the main livelihood for more than 90% of the population. Agriculture consists largely of subsistence farming and animal husbandry. Rugged mountains dominate the terrain and make the building of roads and other infrastructure difficult and expensive. The economy is closely aligned with India's through strong trade and monetary links. The industrial sector is technologically backward, with most production of the cottage industry type. Most development projects, such as road construction, rely on Indian migrant labor. Bhutan's hydropower potential and its attraction for tourists are key resources. The Bhutanese Government has made some progress in expanding the nation's productive base and improving social welfare. Model education, social, and environment programs in Bhutan are underway with support from multilateral development organizations. Each economic program takes into account the government's desire to protect the country's environment and cultural traditions. Detailed controls and uncertain policies in areas like industrial licensing, trade, labor, and finance continue to hamper foreign investment.
GDP: purchasing power parity - $2.3 billion (2000 est.)
GDP - real growth rate: 6% (2000 est.)
GDP - per capita: purchasing power parity - $1,100 (2000 est.)
GDP - composition by sector: agriculture:  38%

industry:  37%

services:  25% (2000 est.)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%:  NA%

highest 10%:  NA%
Inflation rate (consumer prices): 7% (2000 est.)
Labor force: NA

note:  massive lack of skilled labor
Labor force - by occupation: agriculture 93%, services 5%, industry and commerce 2%
Unemployment rate: NA%
Budget: revenues:  $146 million

expenditures:  $152 million, including capital expenditures of $NA (FY95/96 est.)

note:  the government of India finances nearly three-fifths of Bhutan's budget expenditures
Industries: cement, wood products, processed fruits, alcoholic beverages, calcium carbide
Industrial production growth rate: 9.3% (1996 est.)
Electricity - production: 1.856 billion kWh (1999)
Electricity - production by source: fossil fuel:  0.05%

hydro:  99.95%

nuclear:  0%

other:  0% (1999)
Electricity - consumption: 191.1 million kWh (1999)
Electricity - exports: 1.55 billion kWh (1999)
Electricity - imports: 15 million kWh (1999)
Agriculture - products: rice, corn, root crops, citrus, foodgrains; dairy products, eggs
Exports: $154 million (f.o.b., 2000 est.)
Exports - commodities: cardamom, gypsum, timber, handicrafts, cement, fruit, electricity (to India), precious stones, spices
Exports - partners: India 94%, Bangladesh
Imports: $269 million (c.i.f., 2000 est.)
Imports - commodities: fuel and lubricants, grain, machinery and parts, vehicles, fabrics, rice
Imports - partners: India 77%, Japan, UK, Germany, US
Debt - external: $120 million (1998)
Economic aid - recipient: $73.8 million (1995)
Currency: ngultrum (BTN); Indian rupee (INR)
Currency code: BTN; INR
Exchange rates: ngultrum per US dollar - 46.540 (January 2001), 44.942 (2000), 43.055 (1999), 41.259 (1998), 36.313 (1997), 35.433 (1996); note - the Bhutanese ngultrum is at par with the Indian rupee which is also legal tender
Fiscal year: 1 July - 30 June


Countryfacts Information Courtesy: CIA Worldbook

Make 1Up Travel your HomepageSend this Page to a FriendGo to Top of PagePrint this PageAdd 1Up Travel to your Favorites


Compare Country Info Hotel Directory Geography Flags World Maps Travel Warnings National Parks


Asia Africa Caribbean Middle East North America South America Central America Oceania Pacific Europe Polar Regions


Destinations Monuments Ancient Wonders Modern Wonders Natural Wonders


World Time ISD Codes Travel Links Link Exchange


Disclaimer: Although we've tried to make the information on this web site as accurate as possible, we accept no responsibility for any loss, injury or inconvenience sustained by any person resulting from information published on this site. We encourage you to verify any critical information with the relevant authorities before you travel.

Copyright 1Up Travel All Rights Reserved.
Go Up

Privacy Policy