Economy

 

      GDP is the measure of the values of goods and services the country produces in a period, in agriculture, industry and services. Its objective is to measure the activity and level of wealth in a region. The more you produce, the more they are consuming, investing and selling. Bhutan’s GDP is 1.781 billion USD (2013). Maldives’ GDP is 2.3 billion USD (2013) Brazil's GDP is 4.844 trillion (2013), and Bhutan’s growth rate is 1.6 per year and Bhutan spends $32,520,000 in its defense. The total percentage of the total budget that this repr sentation is 1.0%. In 2011, Bhutan spends $11.46 in its education. The total percentage of the total budget that this representation is 4.65%. The United States is 14,624,184 million (2010) when you compare it, you can see the difference and come to a conclusion that the GDP per capita in each country differs a lot.

      The natural resources that are available in Bhutan includes, rice, corn, root crops, citrus and dairy products. Bhutan’s major industries include cement, wood products, processed fruits, and alcoholic beverages. Bhutan’s major exports include Rice, fuels and lubricants, machinery and parts, vehicles, fabrics, electricity (to India), cardamom, gypsum, and handicrafts. Bhutan’s major imports include Timber, agricultural products (apples, oranges, and potatoes), handicrafts, spices (cardamon), and precious stones.

      The term trading partners means one or more partners that are on an in progress business relationship. Bhutan’s major trading partners are India, Japan, United Kingdom, Germany, and United States. Bhutan’s current economic conditions are small and less developed compared to other countries. It is based on agriculture and forestry, providing livelihood for more than half of the population.