Quick facts about Bhutan
Population 0.7 million GDP: $ 5billion Unemployment: 3.2% Inflation (CPI): 9.1% FDI: $16million
Joining United Nations in 1971, the Kingdom of Bhutan lies between two powerful neighbors, India and China, and was almost completely cut off from the rest of the world for centuries. Since then, it has been trying to let in some aspects of the outside world while fiercely guarding its ancient traditions. The Bhutanese name for the country is Druk Yul, which means “The Land of the Thunder Dragon”. The Wangchuck hereditary monarchy wielded power in 1907 and paved the way for democracy and constitution in 2008. Premier Tobgay says about the much lauded concept of Gross National Happiness that it is overused and masks the real problems like increasing debt, chronic unemployment, poverty and corruption. Bhutan’s ancient Buddhist culture and breathtaking landscapes make it a natural tourist attraction. The country is lucky to have a wise and visionary monarchy that, besides unifying the country, has helped it in its transformation from being a monarchy to a democratic state.