Current Account Balance: Bhutan
Bhutan's current account balance is currently -18 % of GDP as of 2026. # Bhutan Current Account Balance Bhutan's current account balance stands at -18% of GDP in 2026, reflecting a persistent deficit in its external accounts.
Current (2026)
-18 % of GDP
-7.1% y/y
Peak (1995)
14.7 % of GDP
Low (1984)
-55.9 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Bhutan
1980 — 2026
Current Account Balance — Bhutan
Analysis# Bhutan Current Account Balance
Bhutan's current account balance stands at -18% of GDP in 2026, reflecting a persistent deficit in its external accounts. The country reached its all-time peak of 14.7% in 1995 but has since shifted dramatically toward deficits. Since 1980, the metric has declined 265.1%, with the all-time low of -55.9% recorded in 1984. The 2026 projection remains substantially weaker than Bhutan's historical surplus position, indicating fundamental shifts in the country's trade and investment patterns.
Recent years reveal significant volatility. A sharp deterioration occurred from 2021 (-11.2%) through 2023 (-37%), driven by external pressures on Bhutan's economy. The past two years show modest improvement, with 2025 at -16.8% and 2026 stabilizing near -18%. While the trajectory suggests partial recovery, Bhutan's current account remains deeply negative compared to its 1990s strength, signaling ongoing structural imbalances in exports, imports, and capital flows.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -22.3 % of GDP | +7.85% |
| 2029 | -24.2 % of GDP | -2.11% |
| 2028 | -23.7 % of GDP | -13.40% |
| 2027 | -20.9 % of GDP | -16.11% |
| 2026 | -18 % of GDP | -7.14% |
| 2025 | -16.8 % of GDP | +28.81% |
| 2024 | -23.6 % of GDP | +36.22% |
| 2023 | -37 % of GDP | -25.42% |
| 2022 | -29.5 % of GDP | -163.39% |
| 2021 | -11.2 % of GDP | +24.32% |
| 2020 | -14.8 % of GDP | +22.92% |
| 2019 | -19.2 % of GDP | -10.34% |
| 2018 | -17.4 % of GDP | +20.91% |
| 2017 | -22 % of GDP | +24.14% |
| 2016 | -29 % of GDP | -13.73% |
| 2015 | -25.5 % of GDP | -2.00% |
| 2014 | -25 % of GDP | -6.38% |
| 2013 | -23.5 % of GDP | -19.29% |
| 2012 | -19.7 % of GDP | +43.87% |
| 2011 | -35.1 % of GDP | -68.75% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -20.8 % of GDP | -246.67% |
| 2009 | -6 % of GDP | +26.83% |
| 2008 | -8.2 % of GDP | -205.13% |
| 2007 | 7.8 % of GDP | +281.40% |
| 2006 | -4.3 % of GDP | +85.07% |
| 2005 | -28.8 % of GDP | -65.52% |
| 2004 | -17.4 % of GDP | +21.97% |
| 2003 | -22.3 % of GDP | -42.95% |
| 2002 | -15.6 % of GDP | -87.95% |
| 2001 | -8.3 % of GDP | +4.60% |
| 2000 | -8.7 % of GDP | -495.45% |
| 1999 | 2.2 % of GDP | -77.32% |
| 1998 | 9.7 % of GDP | +94.00% |
| 1997 | 5 % of GDP | -64.29% |
| 1996 | 14 % of GDP | -4.76% |
| 1995 | 14.7 % of GDP | +213.08% |
| 1994 | -13 % of GDP | +15.58% |
| 1993 | -15.4 % of GDP | +45.58% |
| 1992 | -28.3 % of GDP | -191.75% |
| 1991 | -9.7 % of GDP | -2.11% |
| 1990 | -9.5 % of GDP | +63.46% |
| 1989 | -26 % of GDP | -25.60% |
| 1988 | -20.7 % of GDP | +40.52% |
| 1987 | -34.8 % of GDP | +26.27% |
| 1986 | -47.2 % of GDP | -5.59% |
| 1985 | -44.7 % of GDP | +20.04% |
| 1984 | -55.9 % of GDP | -15.26% |
| 1983 | -48.5 % of GDP | -2.54% |
| 1982 | -47.3 % of GDP | -1491.18% |
| 1981 | 3.4 % of GDP | -68.81% |
| 1980 | 10.9 % of GDP | — |
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