Bolivia, Plurinational State of vs Faroe Islands: Services, value added
Services, value added over time
- Bolivia, Plurinational State of
- Faroe Islands
How they compare
Faroe Islands currently reports 53.8% against 53.4% in Bolivia, Plurinational State of, a difference of 0.4%.
The two have swapped places 5 times across 27 shared years of data; in 1998 it was Bolivia, Plurinational State of ahead.
Bolivia, Plurinational State of ranks 132nd and Faroe Islands ranks 131st of 206 countries.
Across the 4 decades both report, Bolivia, Plurinational State of averaged higher in 2 and Faroe Islands in 2.
Head to head by decade
| Decade | Bolivia, Plurinational State of | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 53.0% | 51.8% | 1.2% | Bolivia, Plurinational State of |
| 2000s | 47.4% | 55.4% | 8.0% | Faroe Islands |
| 2010s | 46.0% | 56.9% | 11.0% | Faroe Islands |
| 2020s | 53.7% | 52.9% | 0.8% | Bolivia, Plurinational State of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Bolivia, Plurinational State of or Faroe Islands?
- Faroe Islands, at 53.8% against 53.4% in Bolivia, Plurinational State of as of 2024.
- What is the difference in services, value added between Bolivia, Plurinational State of and Faroe Islands?
- 0.4%, with Faroe Islands ahead.
- How many years of comparable data are there for Bolivia, Plurinational State of and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do Bolivia, Plurinational State of and Faroe Islands rank globally for services, value added?
- Bolivia, Plurinational State of ranks 132nd and Faroe Islands ranks 131st of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.