Insurance and financial services in Bolivia, Plurinational State of
Bolivia, Plurinational State of: Insurance and financial services was 10.3% in 2025. ▲ Rising
Insurance and financial services in Bolivia, Plurinational State of, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Bolivia, Plurinational State of recorded 10.3% for insurance and financial services in 2025.
Compared with earlier readings it is up 2.7% on the previous year and up 49.0% over ten years.
Over the whole period, insurance and financial services in Bolivia, Plurinational State of peaked at 24.2% in 2002 and was at its lowest, 5.0%, in 2016.
That places Bolivia, Plurinational State of 46th out of 197 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Insurance and financial services in Bolivia, Plurinational State of, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1976 | 11.2% | — |
| 1977 | 11.5% | +2.9% |
| 1978 | 10.6% | -8.4% |
| 1979 | 8.5% | -19.5% |
| 1980 | 9.1% | +7.3% |
| 1981 | 7.6% | -16.4% |
| 1982 | 6.2% | -18.4% |
| 1983 | 6.7% | +7.7% |
| 1984 | 5.2% | -21.7% |
| 1985 | 6.7% | +28.6% |
| 1986 | 8.3% | +22.4% |
| 1987 | 9.8% | +18.3% |
| 1988 | 9.6% | -2.0% |
| 1989 | 9.5% | -0.9% |
| 1990 | 9.4% | -1.3% |
| 1991 | 9.4% | +0.8% |
| 1992 | 9.1% | -3.3% |
| 1993 | 8.1% | -11.8% |
| 1994 | 11.1% | +38.0% |
| 1995 | 8.5% | -23.4% |
| 1996 | 9.7% | +13.8% |
| 1997 | 6.1% | -37.4% |
| 1998 | 8.4% | +39.2% |
| 1999 | 12.6% | +49.3% |
| 2000 | 13.8% | +9.8% |
| 2001 | 19.3% | +39.4% |
| 2002 | 24.2% | +25.6% |
| 2003 | 19.7% | -18.9% |
| 2004 | 19.5% | -0.6% |
| 2005 | 18.0% | -8.1% |
| 2006 | 14.8% | -17.7% |
| 2007 | 12.3% | -16.8% |
| 2008 | 12.9% | +4.5% |
| 2009 | 12.9% | +0.2% |
| 2010 | 12.9% | +0.5% |
| 2011 | 12.1% | -6.3% |
| 2012 | 12.9% | +6.3% |
| 2013 | 13.1% | +1.6% |
| 2014 | 8.2% | -37.8% |
| 2015 | 6.9% | -15.1% |
| 2016 | 5.0% | -28.5% |
| 2017 | 5.3% | +7.4% |
| 2018 | 6.0% | +12.0% |
| 2019 | 6.1% | +2.9% |
| 2020 | 10.4% | +68.9% |
| 2021 | 6.9% | -33.2% |
| 2022 | 8.0% | +16.0% |
| 2023 | 9.2% | +14.3% |
| 2024 | 10.1% | +9.7% |
| 2025 | 10.3% | +2.7% |
Bolivia, Plurinational State of compared with similar countries
- Bolivia, Plurinational State of's 10.3% is above the median for lower middle income countries, which is 6.5%, 1.6× the median. (47 countries reporting)
- Bolivia, Plurinational State of's 10.3% is above the median for Latin America & Caribbean, which is 10.1%, 1.0× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.5% | 8.5% | 11.5% | 4 |
| 1980s | 7.9% | 5.2% | 9.8% | 10 |
| 1990s | 9.2% | 6.1% | 12.6% | 10 |
| 2000s | 16.7% | 12.3% | 24.2% | 10 |
| 2010s | 8.9% | 5.0% | 13.1% | 10 |
| 2020s | 9.1% | 6.9% | 10.4% | 6 |
Countries ranked near Bolivia, Plurinational State of
More economy & growth data for Bolivia, Plurinational State of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9744 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 156.49 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 12.44 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 620.35 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 73.34 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 49.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -70.67 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Bolivia, Plurinational State of?
- Insurance and financial services in Bolivia, Plurinational State of was 10.3% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Bolivia, Plurinational State of?
- The highest recorded value was 24.2% in 2002.
- What is the lowest insurance and financial services recorded in Bolivia, Plurinational State of?
- The lowest recorded value was 5.0% in 2016.
- How does Bolivia, Plurinational State of rank for insurance and financial services?
- Bolivia, Plurinational State of ranks 46th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Bolivia, Plurinational State of?
- Over the last ten years it is up 49.0%. The long-run trend across the full record is rising.
- Where does this Bolivia, Plurinational State of data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service imports, BoP). Statizoid updates them automatically from the source API.
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About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.