699847
Sharchhopka 28%, Dzongkha (official) 24%, Lhotshamkha 22%, other 26% (includes foreign languages) (2005 est.)
THIMPHU (capital) 152,000 (2014)
- Conventional long form
- Kingdom of Bhutan
- Conventional short form
- Bhutan
- Local long form
- Druk Gyalkhap
- Local short form
- Druk Yul
constitutional monarchy
- Name
- Thimphu
- Geographic coordinates
- 27 28 N, 89 38 E
- Time difference
- UTC+6 (11 hours ahead of Washington, DC, during Standard Time)
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
Bhutan's small economy is based largely on hydropower, agriculture, and forestry, which provide the main livelihood for more than half of the population. Because rugged mountains dominate the terrain and make the building of roads and other infrastructure difficult and expensive, industrial production is primarily of the cottage industry type. The economy is closely aligned with India's through strong trade and monetary links and is dependent on India for financial assistance and migrant laborers for development projects, especially for road construction. Bhutan inked a pact in December 2014 to expand duty-free trade with Bangladesh.
- Inflation
- 3.286%
- External debt stocks
- US$ 1,955,674,000
- Total tax rate (% of commercial profits)
- 35.3%
- Real Interest Rate
- 6.442%
- Manufacturing, value added (% of GDP)
- 7.941%
- Current Account Balance
- US$ -619,688,809
- Labor Force, Total
- 389,209
- Employment in Agriculture
- 57.99%
- Employment in Industry
- 9.66%
- Employment in Services
- 32.35%
- Unemployment Rate
- 2.38%
- Imports of goods and services
- US$ 1,166,083,193
- Exports of goods and services
- US$ 657,810,889
- Total Merchandise Trade
- 67.06%
- FDI, net inflows
- US$ 8,075,838
- Commercial Service Exports
- US$ 142,217,214
rice, corn, root crops, citrus; dairy products, eggs
cement, wood products, processed fruits, alcoholic beverages, calcium carbide, tourism
- Commodities
- electricity (to India), ferrosilicon, cement, cardamom, calcium carbide, steel rods/bars, dolomite, gypsum
- Partners
- India 90.3%, Bangladesh 5.2% (2015 est.)
- Commodities
- fuel and lubricants, airplanes, machinery and parts, rice, motor vehicles
- Partners
- India 78.6%, France 5.02% (2015 est.)