Protest and civil unrestGuarded
Protests occur but rarely disrupt operations.
Country risk assessment ยท Asia
Bhutan political and security risk assessment
Bhutan carries a low level of political and security risk for business. It scores 10 out of 100 on the Zed Three World Threat Map (band 1 of 5), up 1 on last week and broadly stable over the last 12 weeks. Last updated Nov 2, 2026.
10of 100
Low
Band 1 of 5
▲ Up 1 on last week
Asia
Bhutan
What is the political and security risk in Bhutan right now?
Bhutan carries a low level of political and security risk for business. It scores 10 out of 100 on the Zed Three World Threat Map (band 1 of 5), up 1 on last week and broadly stable over the last 12 weeks.
Little changed at Low, with no standing risk flags.
On the economic side, real GDP grew 8% in 2025 with inflation at 3.6%.
What are the main risks of operating in Bhutan?
Armed conflict and political violenceGuarded
Armed violence is occasional and mostly localized.
What has changed recently in Bhutan?
Bhutan moved up 1 this week and rose 2 points over the last 12 weeks, from 8 to 10.
What happens next? Outlook for the next 1 to 3 months
We assess it is highly likely that Bhutan stays in the Low band through the end of December.
80 to 90%
0%50%100%
Likelihood ranges are editorial judgments, not advice.
What does it mean for shipping, supply chains and operations?
Ores and metals make up 26% of goods exports (2025 data), so mining regions and export corridors are the exposure to watch.
Trade equals 79% of GDP (2024 data). Supply chain exposure is mainly to regional and global shocks rather than local events.
Operating conditions are normal. Standard security precautions apply.
Key facts
GDPUS$3.6 billionLatest data, 2025
Real GDP growth8%Latest data, 2025
Inflation3.6%Latest data, 2025
Trade79% of GDPLatest data, 2024
Ores and metals26% of goods exportsLatest data, 2025
Population797 thousandLatest data, 2025
How has the Bhutan threat score moved?
Frequently asked questions
What is the political and security risk in Bhutan for business?
Bhutan carries a low level of political and security risk for business. It scores 10 out of 100 on the Zed Three World Threat Map (band 1 of 5), up 1 on last week and broadly stable over the last 12 weeks.
What are the main geopolitical risks of operating in Bhutan?
The main risk drivers are protest and civil unrest (guarded); armed conflict and political violence (guarded). Protests occur but rarely disrupt operations.
What is the outlook for Bhutan?
We assess it is highly likely (80 to 90%) that Bhutan stays in the Low band through the end of December.
How often is the Bhutan risk assessment updated?
The Bhutan threat score is updated weekly on the Zed Three World Threat Map, and this assessment is reviewed monthly. It was last updated Nov 2, 2026.
Related country assessments
Published by Zed Three, a private, independent risk intelligence company. Assessment last updated Nov 2, 2026. Threat score updated weekly, last on Nov 2, 2026. General analysis for informational purposes, not security, legal or investment advice.
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