According to the ADO 2017 report, Bhutan is the fastest-growing economy in Asia.
Bhutan's Economic Surge
Bhutan's impressive economic growth is particularly noteworthy given its unique approach to development. While many nations prioritize economic gains above all else, Bhutan places significant emphasis on individual happiness and well-being. This focus hasn't hindered its economic performance; instead, it has coincided with rapid expansion.
Key Factors Contributing to Growth:
- Prioritization of Happiness: Bhutan's commitment to Gross National Happiness (GNH) does not prevent economic advancement, but rather steers it in a direction that benefits its people.
- Strong Economic Projections: The ADO 2017 report indicated that Bhutan's economy was projected to grow by 8.2% in 2017 and a further 9.9% in 2018, demonstrating robust economic momentum.
Summary
Bhutan's economy is not only expanding quickly but also doing so while maintaining a firm commitment to the overall well-being of its citizens. This makes Bhutan a remarkable case study in sustainable and human-centered economic growth within Asia.
