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Bhutan Tourism Receipts

International tourism receipts  ST.INT.RCPT.CD

Bhutan's tourism receipts was $84.0M in 2020, ranked 112th globally. This represents a 30.0% decrease from 2019. Data from World Bank, covering 1995–2020.

$84.0M −$36.0M (-30.0%)
Year 2020 Rank #112 Global Peak $153.0M (2017) Source World Bank

Bhutan Tourism Receipts (1995–2020)

Overview

Bhutan's tourism receipts stood at $84.0M in 2020, a decline of +$36.0M from 2019. Bhutan ranked 112th globally.

Bhutan’s tourism receipts have risen from a modest US$5,000,000.00 in 1995, the all‑time trough, to US$84,000,000.00 in 2020, placing the kingdom at rank 112 globally and close to peers such as St. Vincent and the Grenadines (US$85,000,000.00) and Afghanistan (US$75,000,000.00). The sector’s upward trajectory peaked in 2017 at US$153,000,000.00 before the COVID‑19 pandemic induced a sharp contraction, reflecting the vulnerability of a small, high‑value tourism model that relies on limited international arrivals. Over the 26‑year coverage period, the average annual growth rate has been modest, underscoring the need for diversification and resilience‑building measures, such as expanding domestic tourism and promoting sustainable, low‑impact experiences. Continued investment in infrastructure and marketing, coupled with a stable geopolitical environment, could restore pre‑pandemic growth and push receipts beyond the 2017 high in the coming years.

Data & projection

Year Tourism Receipts YoY change Rank
2020 $84.0M −$36.0M #112
2019 $120.0M −$1.0M #131
2018 $121.0M −$32.0M #143
2017 $153.0M +$14.0M #143
2016 $139.0M +$19.0M #145
2015 $120.0M +$21.0M #148
2014 $99.0M −$17.0M #150
2013 $116.0M +$23.0M #142
2012 $93.0M +$17.0M #143
2011 $76.0M +$12.0M #145
2010 $64.0M +$13.0M #147
2009 $51.0M +$4.0M #147
2008 $47.0M +$0 #146
2007 $47.0M +$11.0M #147
2006 $36.0M +$17.0M #146
Show all years (1995-2020)

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 tourism receipts improve within 24 months. View full analysis →

Frequently Asked Questions

What is Bhutan's tourism receipts?▾

Bhutan's tourism receipts was $84.0M in 2020. Ranked 112th globally. This represents a 30.0% decrease from the previous year.

What was the highest tourism receipts in Bhutan?▾

Bhutan's tourism receipts peaked at $153.0M in 2017.

What was the lowest tourism receipts in Bhutan?▾

The lowest tourism receipts in Bhutan was $5.0M in 1995.

How does Bhutan rank in tourism receipts?▾

Bhutan ranks 112th globally in tourism receipts as of 2020.

What is the World Bank indicator code for tourism receipts?▾

The World Bank indicator code is ST.INT.RCPT.CD. Data sourced from World Bank.

What is Bhutan's tourism receipts in million?▾

Bhutan's tourism receipts was approximately 84 million ($84.0M) in 2020.

What is the tourism receipts of Bhutan in 2020?▾

The tourism receipts of Bhutan in 2020 was $84.0M. This ranks 112th in the world.

Cite this page

APA
Bhutan Tourism Receipts. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/bhutan/tourism-receipts/
BibTeX
@misc{historysaid_bhutan_tourism-receipts, title = {Bhutan Tourism Receipts}, url = {https://historysaid.com/bhutan/tourism-receipts/}, publisher = {HistorySaid}, year = {2026} }
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