Bhutan Economy, GDP, Budget, Industry and Agriculture

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Bhutan Economy


View the information below regarding the economy of Bhutan. The summary and statistics contains gdp, industry, agriculture and more for Bhutan. If you need other information please visit the Bhutan Country Page.

  • Bhutan Government
  • Bhutan People
  • Bhutan Geography
  • Bhutan History

    Economy
    GDP (2001): U.S.$482 million.
    Real growth rate (2002-03): 6.0%.
    Per capita GDP (2001): U.S.$708.
    Natural resources: Hydroelectric power, timber.
    Agriculture and forestry (all figs., 2001): 33.8% of GDP.
    Construction: 11.8% of GDP.
    Finance: 10.3% of GDP.
    Transport and communication: 10% of GDP.
    Electricity: 9.9% of GDP.
    Government service: 9.9% of GDP.
    Manufacturing: 9.8% of GDP.
    Trade: Exports (2001-02)--U.S.$ 97.7 million: hydroelectricity, vegetables and fruits, processed foods, minerals, wood products, textiles, machinery. Imports (2001-02)--U.S.$188.4 million: machinery, mechanical appliances and electronics, plastics and rubber products, textiles, whiskies and prepared foodstuffs, medicines and pharmaceuticals, vegetable oils and foodstuffs.
    Major trade partners: India, Bangladesh, Japan, Singapore, Denmark.

    Bhutan Economy
    The economy, one of the world's smallest and least developed, is based on agriculture, forestry, and hydroelectricity. Rugged terrain makes it difficult to develop roads and other infrastructure. The economic program in the current 5-year-plan (2002-07) places a strong emphasis on improving education and infrastructure with a special emphasis on increasing activities in the sectors of information and communication technology, energy, and tourism. Bhutan has applied for membership in the World Trade Organization and is in the process of developing clear legal and regulatory systems designed to promote business development.

    source: http://www.state.gov

  • Bhutan Government
  • Bhutan People
  • Bhutan Geography
  • Bhutan History