Bhutan in the Lead
-
🔄 Strong Regional Trade Relations
In 2023, 95.89% of Bhutan's merchandise exports and 91.50% of imports were with low- and middle-income economies in South Asia, highlighting robust regional trade connections.
-
💧 Leading in Renewable Energy
In 2021, Bhutan produced 100% of its electricity from renewable sources, with 99.99% coming from hydroelectric power, making it a global leader in sustainable energy production.
-
📄 Quick Business Licensing
In 2015, Bhutan required only 1.2 days to obtain an operating license, showcasing its efficient business environment.
-
🚫 Low Corruption Levels
With only 0.1% of firms reporting informal payments to public officials in 2015, Bhutan demonstrates strong governance and low corruption.
Bhutan Following Behind
-
🔍 Negative Intellectual Property Receipts
In 2024, Bhutan had a negative balance of $8,581.42 in charges for the use of intellectual property, suggesting an outflow of intellectual property payments.
-
💸 High External Debt Burden
As of 2023, Bhutan's external debt stands at 332.14% of its exports of goods, services, and primary income, indicating a significant financial challenge.
-
🏦 Reliance on IMF Credit
In 2023, Bhutan's use of IMF credit amounted to $34.27 million, indicating a reliance on international financial support.
-
⏳ Time-Consuming Regulations
In 2015, senior management in Bhutan spent 28.8% of their time dealing with government regulations, indicating a need for streamlined processes.
