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Hydropower exports to India have boosted Bhutan's overall growth, even though GDP fell in 2008 as a result of a slowdown in India, its predominant export market. Since 1961, the government of Bhutan has guided the economy through five-year plans in order to promote economic development. [15]
The $100 billion Gelephu Mindfulness City is set to remake capitalism and attract businesses with its focus on green technology
The government of Bhutan has played a pervasive role in its economy and development. Since 1961 the economy has been guided through development plans, which the Development Secretariat and later the Planning Commission directed, subject to the National Assembly's approval.
Thimphu is the largest economic centre of Bhutan. The economy of Bhutan is based on agriculture and forestry, which provide the main livelihood for more than 60% of the population. Agriculture consists largely of subsistence farming and animal husbandry. Rugged mountains dominate the terrain and make the building of roads and other ...
Bhutan is known for its Gross National Happiness (GNH) index, an economic gauge that takes into account factors ignored by gross domestic product measures, such as recreation and emotional well-being.
Bhutan's inflation rate was estimated at three per cent in 2003. Bhutan has a gross domestic product of around US$5.855 billion (adjusted to purchasing power parity), making it the 158th-largest economy in the world. Per capita income (PPP) is around $7,641, [64] ranked 144th. Government revenues total $407.1 million, though expenditures amount ...
Pages in category "Economy of Bhutan" The following 19 pages are in this category, out of 19 total. This list may not reflect recent changes. ...
Thimphu, as the political and economic center of Bhutan, has a dominant agriculture and livestock base, which contributes to 45% of the country's GNP. [7] Tourism , though a contributor to the economy, is strictly regulated, maintaining a balance between the traditional, development and modernization.