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on agriculture andforestry, which provide the main livelihood for more than 60% of the population.
Agriculture consists largely ofsubsistence farming and animal husbandry. Rugged mountains
dominate the terrain and make the building of roads and other infrastructure difficult and expensive.
The economy is closely aligned with India's through strong trade and monetary links and
dependence on India's financial assistance. Most production in the industrial sector is of the cottage
industry type. Most development projects, such as road 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 have boosted Bhutan's overall growth, even
though GDP fell in 2008 as a result of a slowdown in India, its predominant export market.
Contents
[hide]
1Macro-economic trend
2Other statistics
3See also
4References
5External links
Macro-economic trend[edit]
Further information: Energy in Bhutan
This is a chart of trend of gross domestic product of Bhutan at market prices [1] by the International
Monetary Fund:
Year
1985
2,166
175
1990
4,877
279
1995
9,531
294
2000
20,060
460
2005
36,915
828
2008
1280
Bhutan's hydropower potential and its attraction for tourists are key resources. The Bhutanese
Government has made some progress in expanding the nation's productive base and improving
social welfare. Model education, social, and environment programs in Bhutan 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 such areas as
industrial licensing, trade, labor, and finance continue to hamper foreign investment.
In 2004, Bhutan became the first country in the world to ban smoking and the selling of tobacco.
Other statistics[edit]
hydro: 99.61%
nuclear: 0%
other: 0% (1998)
Oil:
Agriculture - products: rice, corn, root crops, citrus, foodgrains, dairy products, eggs
Currency: 1 ngultrum (BTN) = 100 chetrum; Indian rupee (INR)
Historic exchange rates:
2006
2005
2004
2003
45.279
44.101
45.317
46.583
See also[edit]
Agriculture in Bhutan
Banking in Bhutan
Mining in Bhutan
Fishing in Bhutan
Forestry in Bhutan
2002
48.61
2001
1999
47.186
43.055