Diplomatic representation from the US: the US and Bhutan have no formal diplomatic relations, although informal contact is maintained between the Bhutanese and US Embassy in New Delhi (India)
Flag description: divided diagonally from the lower hoist side corner; the upper triangle is yellow and the lower triangle is orange; centered along the dividing line is a large black and white dragon facing away from the hoist side
Economy Bhutan
Economy - overview: The economy, one of the world's smallest and least developed, is based on agriculture and forestry, providing the main livelihood for more than 90% of the population. Agriculture consists largely of subsistence 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. The industrial sector is technologically backward, with most production of the cottage industry type. Most development projects, such as road construction, rely on Indian migrant labor. 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. Detailed controls and uncertain policies in areas like industrial licensing, trade, labor, and finance continue to hamper foreign investment. Major hydroelectric projects will lead expansion of GDP in 2002 by an estimated 6%.
GDP: purchasing power parity - $2.5 billion (2001 est.)
GDP - real growth rate: 6% (2000 est.)
GDP - per capita: purchasing power parity - $1,200 (2001 est.)
GDP - composition by sector: agriculture: 45% industry: 20% services: 35% (2001 est.)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA%
Inflation rate (consumer prices): 7% (2000 est.)
Labor force: NA note: massive lack of skilled labor
Labor force - by occupation: agriculture 93%, services 5%, industry and commerce 2%
Unemployment rate: NA%
Budget: revenues: $146 million expenditures: $152 million, including capital expenditures of $NA (FY95/96 est.) note: the government of India finances nearly three-fifths of Bhutan's budget expenditures
Industries: cement, wood products, processed fruits, alcoholic beverages, calcium carbide
Industrial production growth rate: 9.3% (1996 est.)
Electricity - production: 1.876 billion kWh (2000)
Electricity - production by source: fossil fuel: 0.05% hydro: 99.95% other: 0% (2000) nuclear: 0%
Electricity - consumption: 380.68 million kWh (2000)
Electricity - exports: 1.385 billion kWh (2000)
Electricity - imports: 21 million kWh (2000)
Agriculture - products: rice, corn, root crops, citrus, foodgrains; dairy products, eggs
Exports: $154 million (f.o.b., 2000 est.)
Exports - commodities: electricity (to India), cardamom, gypsum, timber, handicrafts, cement, fruit, precious stones, spices
Exports - partners: India 94%, Bangladesh
Imports: $196 million (c.i.f., 2000 est.)
Imports - commodities: fuel and lubricants, grain, machinery and parts, vehicles, fabrics, rice
Imports - partners: India 77%, Japan, UK, Germany, US
Debt - external: $245 million (1998)
Economic aid - recipient: substantial aid from India and other nations
Currency: ngultrum (BTN); Indian rupee (INR)
Currency code: BTN; INR
Exchange rates: ngultrum per US dollar - 48.336 (January 2002), 47.186 (2001), 44.942 (2000), 43.055 (1999), 41.259 (1998), 36.313 (1997); note - the Bhutanese ngultrum is at par with the Indian rupee which is also legal tender
Fiscal year: 1 July - 30 June
Communications Bhutan
Telephones - main lines in use: 6,000 (1997)
Telephones - mobile cellular: NA
Telephone system: general assessment: NA domestic: domestic telephone service is very poor with few telephones in use international: international telephone and telegraph service is by landline through India; a satellite earth station was planned (1990)
Radio broadcast stations: AM 0, FM 1, shortwave 1 (1998)
Radios: 37,000 (1997)
Television broadcast stations: 0 (1997)
Televisions: 11,000 (1997)
Internet country code: .bt
Internet Service Providers (ISPs): NA
Internet users: 500 (2000)
Transportation Bhutan
Railways: 0 km
Highways: total: 3,285 km paved: 1,994 km unpaved: 1,291 km (1996)
Waterways: none
Ports and harbors: none
Airports: 2 (2001)
Airports - with paved runways: total: 1 1,524 to 2,437 m: 1 (2001)
Airports - with unpaved runways: total: 1 914 to 1,523 m: 1 (2001)
Military Bhutan
Military branches: Royal Bhutan Army, Royal Bodyguard, National Militia,
Royal Bhutan Police, Forest Guards
Military manpower - military age: 18 years of age (2002 est.)
Military manpower - availability: males age 15-49: 517,470 (2002 est.)
Military manpower - fit for military service: males age 15-49: 276,303 (2002 est.)
Military manpower - reaching military age annually: males: 21,167 (2002 est.)
Military expenditures - dollar figure: $9.3 million (FY01)
Military expenditures - percent of GDP: 1.9% (FY01)
Transnational Issues Bhutan
Disputes - international: approximately 100,000 Bhutanese refugees living in Nepal, 90% of whom reside in seven UN Office of the High Commissioner for Refugees camps, place decades-long strains on Nepal
This page was last updated on 1 January 2002
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Bulgaria
Introduction
Bulgaria
Background: The Bulgars, a Central Asian Turkic tribe, merged with the local Slavic inhabitants in the late 7th century to form the first Bulgarian state. In succeeding centuries, Bulgaria struggled with the Byzantine Empire to assert its place in the Balkans, but by the end of the 14th century the country was overrun by the Ottoman Turks. Bulgaria regained its independence in 1878, but having fought on the losing side in both World Wars, it fell within the Soviet sphere of influence and became a People's Republic in 1946. Communist domination ended in 1990, when Bulgaria held its first multiparty election since World War II and began the contentious process of moving toward political democracy and a market economy while combating inflation, unemployment, corruption, and crime. Today, reforms and democratization keep Bulgaria on a path toward eventual integration into NATO and the EU - with which it began accession negotiations in