>Prime Minister Tshering Tobgay believes it is ironically the success of Gross National Happiness that has made young Bhutanese so sought after abroad.
They are 95th place for GDP.
125th place for HDI.
I wouldn't even consider working on 'happiness' with the numbers that bad.
Bhutan's balance of trade appears to be entirely negative. So the country is getting poorer.
Their GDP numbers are 5% growth every year? That seems impossible.
3% unemployment and 65% participation rate.
Lets call it a ~4-5% inflation average or worse.
6.8% interest rate, while never ever being below 6%? So they target what 5%? So its not that GDP growth at 5% is impossible. They are essentially saying they havent had gdp growth in decades, they are hiding a major depression?
In the last 10 years Bhutan has doubled their money supply, while population is leaving? LOL incoming government collapse.
government debt to gdp is ~130%. 100% is the magical threshold you're not allowed to cross. If you're the federal reserve and Tbills reputation might allow you to go above 100% like the USA in 2020... but Bhutan has no such ability. They likely cant cross ~40% if i were to estimate.
Major deficit spending across the last 25 years.
Sales tax of 50%
Income tax of 30%
>Bhutan was, and is today, largely a subsistence agricultural society. Many families still live in multigenerational farmhouses.
I'd be leaving as well. Nobody is seeking Bhutan people. The bhutan people are fleeing the inevitable.
Bhutan is about 20% debt/gdp from a venezuela level collapse. If by some magic they dont collapse there, they are about 40% from a greece like collapse.
Bhutan is already about 10% higher than the Sri Lankan collapse.
Fleee Bhutan while you can.