Remittances, annual growth rate in Bhutan
Bhutan: Remittances, annual growth rate was -8.58 % change on previous year in 2024. ◆ Volatile
Remittances, annual growth rate in Bhutan, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, remittances, annual growth rate in Bhutan stood at -8.58 % change on previous year.
That represents a change of down 204.6% on the previous year and down 167.8% over ten years.
Over the whole period, remittances, annual growth rate in Bhutan peaked at 73.84 % change on previous year in 2012 and was at its lowest, -33.95 % change on previous year, in 2013.
That places Bhutan 144th out of 189 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances, annual growth rate in Bhutan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | -1.64 % change on previous year | — |
| 2008 | 15.33 % change on previous year | -1035.2% |
| 2009 | 35.71 % change on previous year | +133.0% |
| 2010 | 32.44 % change on previous year | -9.1% |
| 2011 | 9.25 % change on previous year | -71.5% |
| 2012 | 73.84 % change on previous year | +698.5% |
| 2013 | -33.95 % change on previous year | -146.0% |
| 2014 | 12.65 % change on previous year | -137.3% |
| 2015 | 31.33 % change on previous year | +147.6% |
| 2016 | 62.14 % change on previous year | +98.4% |
| 2017 | 14.31 % change on previous year | -77.0% |
| 2018 | 35.17 % change on previous year | +145.7% |
| 2019 | -7.99 % change on previous year | -122.7% |
| 2020 | 63.92 % change on previous year | -900.2% |
| 2021 | -21.95 % change on previous year | -134.3% |
| 2022 | 24.95 % change on previous year | -213.7% |
| 2023 | 8.2 % change on previous year | -67.1% |
| 2024 | -8.58 % change on previous year | -204.6% |
Bhutan compared with similar countries
- Bhutan's -8.58 % change on previous year is below the median for lower middle income countries, which is -0.8794 % change on previous year, 9.8× the median. (47 countries reporting)
- Bhutan's -8.58 % change on previous year is below the median for South Asia, which is -1.22 % change on previous year, 7.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.47 % change on previous year | -1.64 % change on previous year | 35.71 % change on previous year | 3 |
| 2010s | 22.92 % change on previous year | -33.95 % change on previous year | 73.84 % change on previous year | 10 |
| 2020s | 13.31 % change on previous year | -21.95 % change on previous year | 63.92 % change on previous year | 5 |
Countries ranked near Bhutan
- 141 Chile -7.91 % change on previous year compare
- 142 Tonga -8.01 % change on previous year compare
- 143 Zimbabwe -8.15 % change on previous year compare
- 145 Malta -9.15 % change on previous year compare
- 146 North Macedonia -9.41 % change on previous year compare
- 147 Tanzania -9.5 % change on previous year compare
More reference data data for Bhutan
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0217 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0671 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1192 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0167 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1192 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0727 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0153 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3489 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.5881 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0909 (2050)
Frequently asked questions
- What is remittances, annual growth rate in Bhutan?
- Remittances, annual growth rate in Bhutan was -8.58 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest remittances, annual growth rate recorded in Bhutan?
- The highest recorded value was 73.84 % change on previous year in 2012.
- What is the lowest remittances, annual growth rate recorded in Bhutan?
- The lowest recorded value was -33.95 % change on previous year in 2013.
- How does Bhutan rank for remittances, annual growth rate?
- Bhutan ranks 144th out of 189 countries with data for 2024.
- Is remittances, annual growth rate rising or falling in Bhutan?
- Over the last ten years it is down 167.8%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Remittances Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.