Debt service (PPG and IMF only, % of exports of goods, services and) in Bhutan
Bhutan: Debt service (PPG and IMF only, % of exports of goods, services and) was 16.3% in 2024. ▲ Rising
Debt service (PPG and IMF only, % of exports of goods, services and) in Bhutan, 2006–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
Bhutan recorded 16.3% for debt service (ppg and imf only, % of exports of goods, services and) in 2024.
The figure is down 0.3% on the previous year and up 27.3% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Bhutan peaked at 18.2% in 2012 and was at its lowest, 2.5%, in 2006.
Bhutan ranks 18th of 118 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in Bhutan, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 2.5% | — |
| 2007 | 4.7% | +85.5% |
| 2008 | 11.9% | +152.4% |
| 2009 | 12.7% | +7.0% |
| 2010 | 14.4% | +13.6% |
| 2011 | 11.2% | -22.3% |
| 2012 | 18.2% | +62.3% |
| 2013 | 11.5% | -36.6% |
| 2014 | 12.8% | +11.2% |
| 2015 | 17.9% | +39.9% |
| 2016 | 12.3% | -31.0% |
| 2017 | 11.0% | -11.0% |
| 2018 | 11.1% | +1.2% |
| 2019 | 7.5% | -32.8% |
| 2020 | 7.4% | -1.2% |
| 2021 | 17.0% | +130.6% |
| 2022 | 15.9% | -6.7% |
| 2023 | 16.3% | +2.8% |
| 2024 | 16.3% | -0.3% |
Bhutan compared with similar countries
- Bhutan's 16.3% is above the median for lower middle income countries, which is 8.4%, 1.9× the median. (43 countries reporting)
- Bhutan's 16.3% is above the median for South Asia, which is 9.9%, 1.6× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.9% | 2.5% | 12.7% | 4 |
| 2010s | 12.8% | 7.5% | 18.2% | 10 |
| 2020s | 14.6% | 7.4% | 17.0% | 5 |
Countries ranked near Bhutan
More external debt data for Bhutan
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 5.0% (2024)
- Net financial flows, IDA -5.99 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -7.57 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0018 NFL, current US$ per US$ of GDP (2024)
- Public and publicly guaranteed debt service 16.2% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 1,171 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Bhutan?
- Debt service (ppg and imf only, % of exports of goods, services and) in Bhutan was 16.3% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Bhutan?
- The highest recorded value was 18.2% in 2012.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Bhutan?
- The lowest recorded value was 2.5% in 2006.
- How does Bhutan rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Bhutan ranks 18th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Bhutan?
- Over the last ten years it is up 27.3%. The long-run trend across the full record is rising.
- Where does this Bhutan data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.