Public and publicly guaranteed debt service in Bhutan
Bhutan: Public and publicly guaranteed debt service was 16.2% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Bhutan, 2006–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, public and publicly guaranteed debt service in Bhutan stood at 16.2%.
Compared with earlier readings it is down 0.1% on the previous year and up 26.3% over ten years.
Over the whole period, public and publicly guaranteed debt service in Bhutan peaked at 18.2% in 2012 and was at its lowest, 2.4%, in 2006.
That places Bhutan 14th out of 120 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Public and publicly guaranteed debt service in Bhutan, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 2006 | 2.4% | — |
| 2007 | 4.6% | +90.8% |
| 2008 | 11.8% | +154.7% |
| 2009 | 12.7% | +7.1% |
| 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% | -32.9% |
| 2020 | 7.4% | -1.1% |
| 2021 | 17.0% | +130.6% |
| 2022 | 15.8% | -7.0% |
| 2023 | 16.2% | +2.1% |
| 2024 | 16.2% | -0.1% |
Bhutan compared with similar countries
- Bhutan's 16.2% is above the median for lower middle income countries, which is 6.4%, 2.5× the median. (43 countries reporting)
- Bhutan's 16.2% is above the median for South Asia, which is 9.3%, 1.7× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.9% | 2.4% | 12.7% | 4 |
| 2010s | 12.8% | 7.5% | 18.2% | 10 |
| 2020s | 14.5% | 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 1,171 NFL, current US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), annual growth rate -113.42 % change on previous year (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Bhutan?
- Public and publicly guaranteed debt service in Bhutan was 16.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Bhutan?
- The highest recorded value was 18.2% in 2012.
- What is the lowest public and publicly guaranteed debt service recorded in Bhutan?
- The lowest recorded value was 2.4% in 2006.
- How does Bhutan rank for public and publicly guaranteed debt service?
- Bhutan ranks 14th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Bhutan?
- Over the last ten years it is up 26.3%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.