Bhutan Population Growth Rate BTNPOPGR Economic
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What is Bhutan Population Growth Rate?
This indicator tracks the annual percentage change in the total population of Bhutan. It is a fundamental demographic metric reflecting the net effect of births, deaths, and migration. For economists and policymakers, it offers crucial insights into labor force availability, consumer demand, and the potential strain on resources and public services. A rising growth rate can signal a younger demographic with potential for future economic expansion, but also increased demand for jobs, education, and healthcare. Conversely, a declining rate may indicate an aging population, potential labor shortages, and lower consumption. The calculation involves comparing the population at the end of a period to the population at the beginning, expressed as a percentage. Changes in this rate are closely monitored to inform long-term development planning, social welfare policies, and economic strategies aimed at balancing population dynamics with sustainable growth.
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