Bhutan

Continent

Asia

Capital

Thimphu

Population

884,546

Sub-Zones

General Information

Basic details about Bhutan

Population:: 884,546
Area:: 38,394 sq km
Currency:: ngultrum
Languages:: Sharchopkha 28, Dzongkha, Lhotshamkha 22, other 26

Economic Overview

Key economic indicators for Bhutan

GDP:: $10.981 billion
GDP per Capita:: $14,100
GDP Growth:: 5.21%
Inflation:: 4.23%
Unemployment:: 5.65%
Public Debt:: 111.01% of GDP

Political System

Governance structure of Bhutan

Government Type:: constitutional monarchy
Head of State:: King Jigme Khesar Namgyel WANGCHUCK (since 14 December 2006)
Head of Government:: Prime Minister Tshering TOBGAY (since 28 January 2024)
Judiciary:: Supreme Court (consists of the chief justice and 4 associate justices); note - the Supreme Court has sole jurisdiction in constitutional matters
Administrative Divisions:: 20 districts (dzongkhag, singular and plural); Bumthang, Chhukha, Dagana, Gasa, Haa, Lhuentse, Mongar, Paro, Pemagatshel, Punakha, Samdrup Jongkhar, Samtse, Sarpang, Thimphu, Trashigang, Trashi Yangtse, Trongsa, Tsirang, Wangdue Phodrang, Zhemgang

Major Political Parties

Not specified

International Relations

Global position and alliances

UN Member:: Yes
EU Member:: No
Diplomatic Presence:: Not specified

Major Alliances and Organizations

Economic Sectors & Trade

Detailed economic breakdown

Major Economic Sectors

Agriculture

14.7% (2022 est.)

Industry

31.8% (2022 est.)

Services

51.2% (2022 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

Trade Volume

Exports:: $815.05 million
Imports:: $1.754 billion

Major Trading Partners

India 92

Italy 4

Indonesia 1

China 1

Singapore 0

Economic Outlook

Bhutan has a 5.21% GDP growth rate with 4.23% inflation. The economy is characterized by a strong agriculture sector.