thai

South Asia

Bhutan / ภูฏาน

ราชอาณาจักรภูฏาน
Kingdom of Bhutan

General Profile

Bhutan / ภูฏาน
  • A landlocked country with the same size as Switzerland
  • On December 9, 2006, Prince Jigme Khesar Namgyel Wangchuck crowned the fifth King as the fifth Druk Gyalpo of the Wangchuck dynasty
  • As a result of the first election on March 24, 2008, the 100-year Absolute Monarchy of Bhutan changed to the Constitutional Monarchy and the first constitution promulgated on July 18, 2008
  • The revised India-Bhutan Friendship Treaty signed by the fifth Druk Gyalpo on February 8, 2007 affecting the increase of Bhutan’s independence from India in foreign policy
  • The country’s development philosophy or the Gross National Happiness (GNH)





General Information

   Area                              38,394 square kilometers (7.5 % of Thailand)
   Capital                          Thimphu
   Population                    766,000 people
   Language                      Dzongkha
   Religion                         Buddhism (Kagyupa)
   King                               H.M. King Jigme Khesar Namgyel Wangchuck
   Prime Minister               H.E. Lyonchhen Tshering Tobgay
   Foreign Minister            H.E. Mr. Damcho  Dorji
   Independence Day        December 17
   Thai-Bhutanese Diplomatic Relation Foundation Day       14 November 1989

Economic Information (2014)

   GDP                                      $1.9 billion 
   GDP per capita                    $2,379 
   Real GDP Growth 5.2%
   Exchange rate                     Ngultrum (1 Ngultrum = 0.53 THB) (2014)
   Reserves                              $ 1.245  billion  
   Inflation rate                        8.2%
   Natural Resources              Timber, fruit, spicery, jewelry
   Industry                                Hydroelectric dam
   Exports - commodities       Gypsum, timber, craft, cement, fruit, water energy, jewelry, spicery
   Exports - partners              India, Bangladesh
   Imports - commodities       Oil and lubricant, rice, grains, machinery and parts, textiles
   Imports - partners India, Bangladesh, Japan

Statistics of Thailand-Bhutan (2015)

   Trade value of Thailand-Bhutan    $11.56 million (Thailand: export value $11.52 million,
                                                                import value $0.04 million)
   Export products of Thailand          Machinery and parts, kitchen and household appliances,
                                                                microwave, oven and electric equipment, wire, cable,
                                                                cars and equipment
   Import products from Thailand      Vegetable, fruit, additives made from fruits and vegetables
   Tourism                                              18,748 Bhutanese people to Thailand and 12,105 Thai people to                                                                                            Bhutan
   Thai people in Bhutan                      About 22 Thai people, mostly married with Bhutanese people
   Visa                                                    Free visa for 90-day stay for diplomatic and official passports
   Office of Thailand in Bhutan          The Royal Thai Honorary Consulate in Thimphu
   Office of Bhutan in Thailand          The Royal Bhutanese Embassy in Bangkok


South Asia Division, February 2016 
  

Political Profile

Economical Profile

Relations

Agreements and Cooperation

  • COMPREHENSIVE FRAMEWORK AGREEMENT FOR COOPERATION BETWEEN THE KINGDOM OF THAILAND AND THE KINGDOM OF BHUTAN
    Date Signed 30 July 2004
  • AGREEMENT BETWEEN THE GOVERNMENT OF THE KINGDOM OF THAILAND AND THE ROYAL GOVERNMENT OF BHUTAN ON EXEMPTION OF VISA REQUIREMENTS FOR HOLDERS OF DIPLOMATIC AND OFFICIAL PASSPORTS
    Date Signed 30 July 2004
  • AGREEMENT BETWEEN THE GOVERNMENT OF THE KING DOM OF THAILAND AND THE GOVERNMENT OF THE KINGDOM OF BHUTAN ON AGRICULTURAL CO-OPERATION
    Date Signed 5 April 2002
  • AIR SERVICES AGREEMENT BETWEEN THE GOVERNMENT OF THE KINGDOM OF THAILAND AND THE GOVERNMENT OF THE KINGDOM OF BHUTAN
    Date Signed 2 June 1993