Services, value added in Bolivia
Bolivia: Services, value added was 0.9% in 2024. ◆ Volatile
Services, value added in Bolivia, 1961–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for services, value added in Bolivia is 0.9%, measured in 2024.
That represents a change of down 71.8% on the previous year and down 83.2% over ten years.
Over the whole period, services, value added in Bolivia peaked at 11.3% in 1968 and was at its lowest, -10.3%, in 2020.
Bolivia ranks 168th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Bolivia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 2.5% | — |
| 1962 | 7.6% | +201.0% |
| 1963 | 5.5% | -27.5% |
| 1964 | 3.2% | -42.1% |
| 1965 | 1.3% | -58.1% |
| 1966 | 7.6% | +468.9% |
| 1967 | 6.7% | -12.4% |
| 1968 | 11.3% | +69.9% |
| 1969 | 8.0% | -29.0% |
| 1970 | 6.2% | -22.6% |
| 1971 | 5.1% | -17.4% |
| 1972 | 5.5% | +7.0% |
| 1973 | 4.5% | -18.1% |
| 1974 | 6.1% | +35.8% |
| 1975 | 9.2% | +50.4% |
| 1976 | 8.0% | -12.6% |
| 1977 | 5.6% | -31.0% |
| 1978 | 5.0% | -10.4% |
| 1979 | 2.8% | -44.2% |
| 1980 | 1.2% | -55.8% |
| 1981 | 3.1% | +153.3% |
| 1982 | -4.1% | -230.6% |
| 1983 | -4.2% | +4.1% |
| 1984 | -1.6% | -61.7% |
| 1985 | 0.1% | -104.7% |
| 1986 | -3.7% | -4992.3% |
| 1987 | 1.8% | -147.3% |
| 1988 | 2.0% | +16.5% |
| 1989 | 3.7% | +81.8% |
| 1990 | 3.1% | -16.4% |
| 1991 | 4.3% | +39.7% |
| 1992 | 4.2% | -3.8% |
| 1993 | 4.3% | +2.5% |
| 1994 | 4.3% | +1.2% |
| 1995 | 3.7% | -15.1% |
| 1996 | 5.5% | +50.1% |
| 1997 | 7.5% | +35.9% |
| 1998 | 6.2% | -17.3% |
| 1999 | 4.3% | -30.4% |
| 2000 | 1.8% | -58.8% |
| 2001 | 1.7% | -6.1% |
| 2002 | 1.4% | -18.6% |
| 2003 | 1.2% | -10.6% |
| 2004 | 2.3% | +89.7% |
| 2005 | 2.2% | -4.2% |
| 2006 | 4.0% | +79.8% |
| 2007 | 4.5% | +14.5% |
| 2008 | 4.0% | -11.4% |
| 2009 | 4.9% | +22.1% |
| 2010 | 5.2% | +5.2% |
| 2011 | 4.6% | -11.8% |
| 2012 | 5.4% | +18.4% |
| 2013 | 6.3% | +17.5% |
| 2014 | 5.3% | -16.0% |
| 2015 | 6.0% | +12.7% |
| 2016 | 5.6% | -7.1% |
| 2017 | 4.9% | -12.1% |
| 2018 | 2.9% | -41.4% |
| 2019 | 1.8% | -36.7% |
| 2020 | -10.3% | -665.2% |
| 2021 | 7.1% | -169.6% |
| 2022 | 5.4% | -24.2% |
| 2023 | 3.2% | -41.6% |
| 2024 | 0.9% | -71.8% |
Bolivia compared with similar countries
- Bolivia's 0.9% is below the median for lower middle income countries, which is 4.5%, 20% of the median. (47 countries reporting)
- Bolivia's 0.9% is below the median for Latin America & Caribbean, which is 3.2%, 28% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Services, value added in Bolivia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | -4992.3% | 0.1% | -3.7% |
| 2020 | -665.2% | 1.8% | -10.3% |
| 1966 | +468.9% | 1.3% | 7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.0% | 1.3% | 11.3% | 9 |
| 1970s | 5.8% | 2.8% | 9.2% | 10 |
| 1980s | -0.2% | -4.2% | 3.7% | 10 |
| 1990s | 4.7% | 3.1% | 7.5% | 10 |
| 2000s | 2.8% | 1.2% | 4.9% | 10 |
| 2010s | 4.8% | 1.8% | 6.3% | 10 |
| 2020s | 1.3% | -10.3% | 7.1% | 5 |
Countries ranked near Bolivia
More economy & growth data for Bolivia
- 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 services, value added in Bolivia?
- Services, value added in Bolivia was 0.9% 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 11.3% in 1968.
- What is the lowest services, value added recorded in Bolivia?
- The lowest recorded value was -10.3% in 2020.
- How does Bolivia rank for services, value added?
- Bolivia ranks 168th out of 198 countries with data for 2024.
- Is services, value added rising or falling in Bolivia?
- Over the last ten years it is down 83.2%. The long-run trend across the full record is volatile.
- 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 (annual % growth). Statizoid updates them automatically from the source API.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.