Visit Bhutan 2017

Interested to visit Bhutan, the world’s first carbon negative country?

CNN Travel declares Bhutan as one of the best places to visit in 2017
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Contact our travel expert for advice on events, venues, dates, flights, hotels and packages for your holidays in 2017.

Bhutan’s unspoilt culture and traditions, Mahayana Buddhism, beautiful landscapes and mountains,

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Economy

Bhutan is a landlocked country with sparse population in tiny agrarian settlements. Although Bhutan initiated its planned developmental activities only in early 60’s, considerable socio-economic developments have been achieved. Each economic programme takes into account the government's desire to protect the country's environment and cultural traditions, thereby providing a safeguard against overheating and economic volatility. In a nutshell, the economy is still in its infancy.

Bhutan's economy is based mainly on select sectors, such as agriculture, forestry, hydroelectricity and tourism. The country’s hydropower potential and its attraction for tourists are key resources. The Royal Government of Bhutan gets most of its revenue from selling hydroelectric power to India and intends to focus on hydropower projects as its major engine of growth. Agriculture consists largely of subsistence farming and animal husbandry, which are the main means of livelihood for over 60% of the population. The Bhutan’s economy is challenged and remained underdeveloped due to the country’s rugged terrain and other topography constraints. However, there is no abject poverty in the living condition of most of the people in Bhutan unlike the poor peoples in other third world countries.

The industrial sector is technologically backward and largely dependent on cottage industries and other SMIs. The relatively small size of the predominantly trade-based modern private sector is weak and indicates that there is a long way to go. According to the World Bank Report, the Bhutanese economy has grown substantially over the years and its future outlook remains bright.