Remittances in Bhutan
Bhutan: Remittances was 3.28 in 2024. ◆ Volatile
Latest (2024)
3.28
Change on year
down 8.6%
World rank
79th
of 194 countries
All-time high
3.58
in 2023
All-time low
0.2336
in 2007
Years of data
19
2006–2024
Remittances in Bhutan, 2006–2024
Source: Our World in Data.
Analysis
The most recent figure for remittances in Bhutan is 3.28, measured in 2024.
Compared with earlier readings it is down 8.6% on the previous year and up 378.7% over ten years.
Over the whole period, remittances in Bhutan peaked at 3.58 in 2023 and was at its lowest, 0.2336, in 2007.
That places Bhutan 79th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances in Bhutan, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 0.2375 | — |
| 2007 | 0.2336 | -1.6% |
| 2008 | 0.2694 | +15.3% |
| 2009 | 0.3655 | +35.7% |
| 2010 | 0.4841 | +32.4% |
| 2011 | 0.5289 | +9.2% |
| 2012 | 0.9195 | +73.8% |
| 2013 | 0.6073 | -33.9% |
| 2014 | 0.6841 | +12.7% |
| 2015 | 0.8985 | +31.3% |
| 2016 | 1.46 | +62.1% |
| 2017 | 1.67 | +14.3% |
| 2018 | 2.25 | +35.2% |
| 2019 | 2.07 | -8.0% |
| 2020 | 3.39 | +63.9% |
| 2021 | 2.65 | -22.0% |
| 2022 | 3.31 | +24.9% |
| 2023 | 3.58 | +8.2% |
| 2024 | 3.28 | -8.6% |
Bhutan compared with similar countries
- Bhutan's 3.28 is below the median for lower middle income countries, which is 6.01, 55% of the median. (47 countries reporting)
- Bhutan's 3.28 is below the median for South Asia, which is 5.28, 62% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2765 | 0.2336 | 0.3655 | 4 |
| 2010s | 1.16 | 0.4841 | 2.25 | 10 |
| 2020s | 3.24 | 2.65 | 3.58 | 5 |
Countries ranked near Bhutan
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 in Bhutan?
- Remittances in Bhutan was 3.28 in 2024, according to Our World in Data.
- What is the highest remittances recorded in Bhutan?
- The highest recorded value was 3.58 in 2023.
- What is the lowest remittances recorded in Bhutan?
- The lowest recorded value was 0.2336 in 2007.
- How does Bhutan rank for remittances?
- Bhutan ranks 79th out of 194 countries with data for 2024.
- Is remittances rising or falling in Bhutan?
- Over the last ten years it is up 378.7%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).