ad construction, rely on Indian
migrant labor. Model education, social, and environment programs are
underway with support from multilateral development organizations.
Each economic program takes into account the government's desire to
protect the country's environment and cultural traditions. For
example, the government, in its cautious expansion of the tourist
sector, encourages visits by upscale, environmentally conscientious
tourists. Detailed controls and uncertain policies in areas such as
industrial licensing, trade, labor, and finance continue to hamper
foreign investment. Hydropower exports to India had a major impact
on growth in 2007.

GDP (purchasing power parity):

$3.359 billion (2007 est.)

GDP (official exchange rate):

$1.308 billion (2007 est.)

GDP - real growth rate:

22.4% (2007 est.)

GDP - per capita (PPP):

$5,200 (2007 est.)

GDP - composition by sector:

agriculture: 22.3%
industry: 37.9%
services: 39.8% (2006)

Labor force:

NA
note: major shortage of skilled labor

Labor force - by occupation:

agriculture: 63%
industry: 6%
services: 31% (2004 est.)

Unemployment rate:

2.5% (2004)

Population below poverty line:

31.7% (2003)

Household income or consumption by percentage share:

lowest 10%: NA%
highest 10%: NA%

Budget:

revenues: $272 million
expenditures: $350 million
note: the government of India finances nearly three-fifths of
Bhutan's budget expenditures (2005)

Fiscal year:

1 July - 30 June

Public debt:

81.4% of GDP (2004)

Inflation rate (consumer prices):

4.9% (2007 est.)

Commercial bank prime lending rate:

14% (31 December 2007)

Stock of money:

$381.1 million (31 December 2007)

Stock of quasi money:

$220.3 million (31 December 2007)

Stock of domestic credit:

$169.9 million (31 December 2007)

Agriculture - products:

rice, corn, root crops, citrus, foodgrains; dairy products, eggs

Industries:

cement, wood products, processed fruits, alcoholic beverages,
calcium carbide, tourism

Industrial production growth rate:

9.3% (1996 est.)

Electricity - production:

4.475 billion kWh (2007 est.)

Electricity - consumption:

528.8 million kWh (2007 est.)

Electricity - exports:

3.644 billion kWh (2007 est.)

Electricity - imports:

11 million kWh (2007 est.)

Electricity - production by source:

fossil fuel: 0.1%
hydro: 99.9%
nuclear: 0%