fbpx Bhutan and ADB | Asian Development Bank

Bhutan and ADB

ADB is helping Bhutan diversify its economy, catalyze private sector growth, improve connectivity, build climate-resilient infrastructure, and strengthen human capital.

In the Spotlight

Bhutan Facts

ADB's Work in Bhutan

Bhutan’s gross domestic product grew by an estimated 3.5% in 2021, reversing a deep 10.1% contraction in 2020 owing to the strict coronavirus disease (COVID-19) containment measures imposed by the government.

Bhutan’s economy experienced rapid annual average growth of 7% between 1988 and 2018. This growth was driven mainly by the construction and operationalization of large hydropower projects. The national poverty rate declined from 23% in 2007 to 8.2% in 2017 due to improvements in access to basic infrastructure and social services. Bhutan has made significant progress in terms of increasing life expectancy, expanding immunization rates, and raising school enrollment. It is on track to graduate from the United Nations’ list of least-developed countries by 2023.


Data: Bhutan

Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.

Development indicators for Bhutan, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.

Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.

Contact: Bhutan Resident Mission (BHRM)

2nd Floor, Royal Textile Academy Building Norzin Lam, Chhubachhu, Thimphu - 11001

  Office Hours: 8:30 a.m. to 5:00 p.m. (Monday to Friday)

  Tel +975 339 150; 339-151
  Fax +880 2 9117925 to 26

Shamit CHAKRAVARTI (Mr)
Country Director
  E-mail
Tshewang NORBU (Mr)
Deputy Country Director
  E-mail

Bhutan Resident Mission (BHRM) provides support to ADB Headquarters in:

  • country programming
  • project processing
  • project administration
  • tripartite portfolio review meeting

BHRM is also responsible for strengthening:

  • relations with the government, civil society, and the private sector
  • policy dialogue
  • country reporting
  • aid and development partner coordination
  • external relations and information dissemination

BHRM will be closed on these dates:

Last updated: 22 December 2021