Wednesday, January 19, 2011

Bhutan's GDP Fiscal Year 2009-10


The Gross Domestic product of Bhutan in the fiscal year 2009-10 was recorded at 7.6 percent. The accelerated performance in the construction and service sectors contributed to the major portion of value of the goods and services produced in the country. 
The tertiary sector was the main contributor to the GDP growth followed by secondary sector and primary sector.  The service providing sector, including community and social services, transport, storage and communication showed a robust growth. The overall performance of agriculture also shows an improvement.

 Mining and Quarry, Electricity, Hotels and Restaurants show a decline comparing to the previous fiscal year.  There is also a substantial decline in the Manufacturing and Private, Social and Recreational services in 2009-10.
According to the Annual Report of the Royal Monetary Authority of Bhutan the Bhutanese economy is expected to grow at the rate of nine percent for the rest of 10the Five-Year plan. 

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