Key Market Indicators
Bhutan's air passenger traffic is projected to surge to approximately 347,000 passengers by 2028, up from around 297,000 in 2023. This growth represents a compound annual growth rate (CAGR) of 2.5%. Since 1993, Bhutan has experienced a steady increase in air passenger demand, growing at an average rate of 1.5% annually. In the 2023 rankings, Bhutan held the 121st position in global air passenger traffic, with Albania surpassing it by a narrow margin, also recording around 297,000 passengers. On the international stage, China, India, and Ireland secured the second, third, and fourth positions, respectively, in the same ranking for 2023.
