In 2023, Bhutan's GDP was primarily driven by the Mining, Manufacturing, and Utilities sector, contributing 26.4% to the GDP, followed by Services at 19.59%, and Agriculture, Hunting, Forestry, and Fishing at 17.32%. The Construction sector accounted for 17.07%, with Wholesale, Retail Trade, Restaurants, and Hotels adding 10.19%, and Transport, Storage, and Communication 9.44%. The last five years showed fluctuations due to sectoral adjustments, with Mining and Manufacturing witnessing strong growth, while traditional sectors like Agriculture fluctuated due to environmental factors.
Future trends to watch in Bhutan's GDP composition include:
- Potential growth in the Services sector, driven by tourism and financial services.
- An increase in Construction activities linked to infrastructure projects.
- Emerging sustainability practices potentially impacting the Agriculture sector's stability.
- Technological advancements expected to boost productivity in Transport, Storage, and Communications.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Mining, Manufacturing, Utilities | 26.4 | 2016 | |
| 2 | 2 Services | 19.59 | 2016 | |
| 3 | 3 Agriculture, hunting, forestry, fishing | 17.32 | 2016 | |
| 4 | 4 Construction | 17.07 | 2016 | |
| 5 | 5 Wholesale, retail trade, restaurants and hotels | 10.19 | 2016 | |
| 6 | 6 Transport, storage and communication | 9.44 | 2016 |
