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Bhutan Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Bhutan's remittances received was $120.1M in 2025, ranked 151st globally. This represents a 9.6% increase from 2024. Data from World Bank, covering 2006–2025.

$120.1M +$10.5M (+9.6%)
Year 2025 Rank #151 Global Peak $120.1M (2025) Source World Bank

Bhutan Remittances Received (2006–2025)

Overview

Bhutan's remittances received stood at $120.1M in 2025, a rise of +$10.5M from 2024. Based on recent trends, this figure is projected to reach $120.1M by 2025. Bhutan ranked 151st globally.

Bhutan’s remittance inflows have risen dramatically over the past two decades, expanding from a low of 2,238,933.57 in 2006 to an all‑time peak of 120,132,605.27 in 2025, which places the country at rank 151 globally. This surge reflects a growing diaspora and increased cross‑border labor mobility, especially to neighboring India and the Gulf states, and it mirrors the pattern observed in peer economies such as the Solomon Islands, which recorded 118,541,354.50 in 2025. The upward trajectory contrasts sharply with the early‑2000s trough, when remittances contributed only a fraction of Bhutan’s current foreign‑exchange earnings, underscoring the sector’s emerging role in stabilising the balance of payments. While the recent peak suggests a robust inflow channel, future trends will depend on the durability of overseas employment opportunities, policy measures that facilitate remittance flows, and potential shifts in global migration patterns; any contraction in these drivers could temper the growth momentum.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $137.5M - -
2026* trend $128.8M - -
2025* trend $120.1M - -
2025 $120.1M +$10.5M #151
2024 $109.6M +$1.7M #34
2023 $107.9M +$12.0M #35
2022 $96.0M +$22.6M #34
2021 $73.4M −$10.1M #32
2020 $83.4M +$26.8M #35
2019 $56.7M −$1.5M #27
2018 $58.1M +$15.0M #32
2017 $43.2M +$8.8M #26
2016 $34.3M +$14.7M #22
2015 $19.7M +$5.4M #13
2014 $14.3M +$2.5M #10
2013 $11.8M −$6.3M #8
2012 $18.1M +$7.7M #14
2011 $10.5M +$2.2M #11
Show all years (2006-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +28.2% GDP growth 16.1% C/A balance 6.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Bhutan matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Bhutan's remittances received?▾

Bhutan's remittances received was $120.1M in 2025. Ranked 151st globally. This represents a 9.6% increase from the previous year.

What was the highest remittances received in Bhutan?▾

Bhutan's remittances received peaked at $120.1M in 2025.

What was the lowest remittances received in Bhutan?▾

The lowest remittances received in Bhutan was $2.2M in 2006.

How does Bhutan rank in remittances received?▾

Bhutan ranks 151st globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Bhutan in 2025?▾

Bhutan's remittances received is projected to reach $120.1M by 2025 based on trend extrapolation.

What is Bhutan's remittances received in million?▾

Bhutan's remittances received was approximately 120.13 million ($120.1M) in 2025.

What is the remittances received of Bhutan in 2025?▾

The remittances received of Bhutan in 2025 was $120.1M. This ranks 151st in the world.

Cite this page

APA
Bhutan Remittances Received. HistorySaid. Retrieved November 14, 2026, from https://historysaid.com/bhutan/remittances/
BibTeX
@misc{historysaid_bhutan_remittances, title = {Bhutan Remittances Received}, url = {https://historysaid.com/bhutan/remittances/}, publisher = {HistorySaid}, year = {2026} }
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