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Bhutan Tourism Industry Outlook 2024 - 2028

See how Bhutan Tourism performed compared to key markets.

Key Market Indicators

Bhutan's tourism industry is on a modest growth trajectory, with receipts projected to climb to approximately $58.9 million by 2028. This marks a slight increase from the estimated $57.2 million in 2023, reflecting an average annual growth rate of 0.5%. The sector has faced challenges over the past decade, with tourism receipts declining by an average of 6.3% annually since 2013. Despite these setbacks, the outlook for tourist arrivals shows a more robust picture. Tourist arrivals in Bhutan are expected to reach around 585,600 by 2028, up from roughly 419,600 in 2023. This represents a compound annual growth rate (CAGR) of 5.3%. The Bhutanese tourism market has displayed a strong upward trend since the turn of the millennium, boasting an average annual increase of 8.9% in tourist arrivals since 2000. This positive trend underscores the kingdom's growing appeal as a travel destination.

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Bhutan Tourism Market Data and Forecasts

How much will Bhutan Tourism Market grow to 2028?

Forecast: International Tourism Receipts in Bhutan
Forecast: International Tourism Receipts for Travel Items in Bhutan
Forecast: International Tourism Expenditures in Bhutan
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