Services, value added in Bolivia
Bolivia: Services, value added was 53.4% in 2024. ▲ Rising
Services, value added in Bolivia, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, services, value added in Bolivia stood at 53.4%.
That represents a change of down 0.8% on the previous year and up 28.7% over ten years.
Over the whole period, services, value added in Bolivia peaked at 55.8% in 2020 and was at its lowest, 40.0%, in 1974.
That places Bolivia 132nd out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 44.6% | 40.0% | 48.0% | 10 |
| 1980s | 44.7% | 42.5% | 46.7% | 10 |
| 1990s | 48.7% | 46.1% | 54.2% | 10 |
| 2000s | 47.4% | 40.5% | 52.7% | 10 |
| 2010s | 46.0% | 40.2% | 53.3% | 10 |
| 2020s | 53.7% | 52.6% | 55.8% | 5 |
Countries ranked near Bolivia
More economy & growth data for Bolivia
- DEC alternative conversion factor 6.91 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 8.22 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.19 billion current US$ (2025)
- Taxes less subsidies on products 24.85 billion current LCU (2024)
- Taxes less subsidies on products 3.60 billion current US$ (2024)
- Net primary income (Net income from abroad) -11.79 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.71 billion current US$ (2025)
- GNI per capita 34,635 current LCU (2025)
- GNI per capita, Atlas method 4,420 current US$ (2025)
- GNI 435.77 billion current LCU (2025)
Frequently asked questions
- What is services, value added in Bolivia?
- Services, value added in Bolivia was 53.4% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Bolivia?
- The highest recorded value was 55.8% in 2020.
- What is the lowest services, value added recorded in Bolivia?
- The lowest recorded value was 40.0% in 1974.
- How does Bolivia rank for services, value added?
- Bolivia ranks 132nd out of 205 countries with data for 2024.
- Is services, value added rising or falling in Bolivia?
- Over the last ten years it is up 28.7%. The long-run trend across the full record is rising.
- Where does this Bolivia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.