Asia · Southern Asia

Bhutan

Kingdom of Bhutan · World’s #176 economy

Nominal GDP 2025
$3.58 billion
Population 2025
796,682
GDP per capita
$4,493
GDP growth 2025
8.0%
Flag of Bhutan

Overview

Official name
Kingdom of Bhutan
Capital
Thimphu
Region
Asia · Southern Asia
Area
38,394 km² · landlocked
Coordinates
27.50, 90.50
Languages
Dzongkha
Currency
Bhutanese ngultrum (BTN Nu.), Indian rupee (INR ₹)
Calling code · domain
+975 · .bt
ISO codes
BT / BTN
Borders
China India

Map

Bangladesh · $456 billion Bhutan · $3.58 billion China · $19.5 trillion India · $3.96 trillion Myanmar · $81.7 billion Nepal · $45.5 billion
Click a neighbouring country to open its profile. Illustrative map; not a statement on borders.

Demographics

Population796,6822025
Population growth0.65%2025
Urban population43.4%2025
Population density20.6 people/km²2023
Life expectancy73.3 years2024
Adult literacy64.9%2022

Age structure (2025)

0–14: 20.4%15–64: 73.0%65+: 6.6%

Macroeconomy

Nominal GDP$3.58 billion2025
Real GDP growth8.0%2025
GDP per capita$4,4932025
GDP per capita (PPP)$16,2152023
GNI (PPP)$14.8 billion2025
Inflation (CPI)3.6%2025
Unemployment3.2%2025
Industry, % of GDP33.2%2025
Exports, % of GDP31.5%2024
Imports, % of GDP47.9%2024
Merchandise exports$800 million2025
Merchandise imports$2.18 billion2025
FDI net inflows$2.82 million2024

Bhutan ranks #176 in the world by nominal GDP (2025). Full ranking →

Business environment & logistics (micro)

Logistics Performance Index2.50 / 52022
Import clearance time—
Total tax rate (% of profit)35.3%2017
Land area38,140 km²2023

The Logistics Performance Index (LPI) and import clearance time are published by the World Bank per survey round; total tax rate comes from the discontinued Doing Business data (2020).

Provinces, states & regions (20)

District: 20

  • Bumthang BT-33
  • Chhukha BT-12
  • Dagana BT-22
  • Gasa BT-GA
  • Haa BT-13
  • Lhuentse BT-44
  • Monggar BT-42
  • Paro BT-11
  • Pema Gatshel BT-43
  • Punakha BT-23
  • Samdrup Jongkhar BT-45
  • Samtse BT-14
  • Sarpang BT-31
  • Thimphu BT-15
  • Trashi Yangtse BT-TY
  • Trashigang BT-41
  • Trongsa BT-32
  • Tsirang BT-21
  • Wangdue Phodrang BT-24
  • Zhemgang BT-34

Source: ISO 3166-2 (Debian iso-codes)

Seaports & logistics

Landlocked – cargo moves through neighbouring countries’ ports.

International shipping →

FTAs & trade blocs

Vietnam has no FTA with Bhutan: MFN rates apply (if a WTO member).

Bloc membership

Membership compiled as of October 2026 (full members); check each bloc’s official site for legal precision.

Trade agreements in force (4)

Bhutan is party to 4 regional/bilateral trade agreements in force (per the WTO). Agreements with a “Preferential rates” button are FTAs that Vietnam is also party to.

AgreementType / coverageIn forcePartners
SAFTA - Accession of Afghanistan FTA
Goods
7 Aug 2011 AfghanistanBangladeshSri LankaIndiaMaldivesNepalPakistan
India - Bhutan PSA
Goods
29 Jul 2006 India India
South Asian Free Trade Agreement (SAFTA) FTA
Goods
1 Jan 2006 AfghanistanBangladeshSri LankaIndiaMaldivesNepalPakistan
South Asian Preferential Trade Arrangement (SAPTA) PSA
Goods
7 Dec 1995 BangladeshSri LankaIndiaMaldivesNepalPakistan

Source: WTO Regional Trade Agreements Database (retrieved 14 Oct 2026) plus additional agreements maintained by the administrator. Lists agreements notified to the WTO and in force.

Import regulations

Look up the importing country's duties, technical rules and procedures on the Global Trade Helpdesk (ITC/UNCTAD/WTO), Market Access Map (ITC) and WTO Tariff & Trade Data. Check Vietnam's FTAs with the importing country for preferential rates with valid proof of origin.

Global Trade Helpdesk ↗Market Access Map ↗WTO Tariff & Trade Data ↗

Sourcing from Vietnam

Buyers in Bhutan can find Vietnamese suppliers by industry, in the factory directory and at international exhibitions in Vietnam:

Steel & steel structure manufacturing →International exhibitions in VietnamContact

Data: World Bank WDI (CC BY 4.0); mledoze/world-countries (ODbL); i18n-iso-countries (MIT); ISO 3166-2 – Debian iso-codes (LGPL); NGA World Port Index 2019; map @svg-maps/world (CC BY 4.0); flags flag-icons (MIT). For reference only.