Services, value added in Bolivia
Bolivia: Services, value added was 180.62 billion constant LCU in 2024. ◆ Volatile
Services, value added in Bolivia, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, services, value added in Bolivia stood at 180.62 billion constant LCU. That is the highest value across all 65 years on record.
That represents a change of up 0.9% on the previous year and up 29.7% over ten years.
Over the whole period, services, value added in Bolivia peaked at 180.62 billion constant LCU in 2024 and was at its lowest, 17.78 billion constant LCU, in 1960.
Bolivia ranks 110th of 199 countries on this measure, in the middle of the range.
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 | constant LCU | Change |
|---|---|---|
| 1960 | 17.78 billion constant LCU | — |
| 1961 | 18.23 billion constant LCU | +2.5% |
| 1962 | 19.62 billion constant LCU | +7.6% |
| 1963 | 20.70 billion constant LCU | +5.5% |
| 1964 | 21.36 billion constant LCU | +3.2% |
| 1965 | 21.64 billion constant LCU | +1.3% |
| 1966 | 23.29 billion constant LCU | +7.6% |
| 1967 | 24.84 billion constant LCU | +6.7% |
| 1968 | 27.66 billion constant LCU | +11.3% |
| 1969 | 29.88 billion constant LCU | +8.0% |
| 1970 | 31.74 billion constant LCU | +6.2% |
| 1971 | 33.37 billion constant LCU | +5.1% |
| 1972 | 35.21 billion constant LCU | +5.5% |
| 1973 | 36.79 billion constant LCU | +4.5% |
| 1974 | 39.04 billion constant LCU | +6.1% |
| 1975 | 42.64 billion constant LCU | +9.2% |
| 1976 | 46.07 billion constant LCU | +8.0% |
| 1977 | 48.62 billion constant LCU | +5.6% |
| 1978 | 51.04 billion constant LCU | +5.0% |
| 1979 | 52.46 billion constant LCU | +2.8% |
| 1980 | 53.10 billion constant LCU | +1.2% |
| 1981 | 54.75 billion constant LCU | +3.1% |
| 1982 | 52.53 billion constant LCU | -4.1% |
| 1983 | 50.31 billion constant LCU | -4.2% |
| 1984 | 49.50 billion constant LCU | -1.6% |
| 1985 | 49.54 billion constant LCU | +0.1% |
| 1986 | 47.70 billion constant LCU | -3.7% |
| 1987 | 48.54 billion constant LCU | +1.8% |
| 1988 | 49.53 billion constant LCU | +2.0% |
| 1989 | 51.37 billion constant LCU | +3.7% |
| 1990 | 52.96 billion constant LCU | +3.1% |
| 1991 | 55.26 billion constant LCU | +4.3% |
| 1992 | 57.57 billion constant LCU | +4.2% |
| 1993 | 60.02 billion constant LCU | +4.3% |
| 1994 | 62.62 billion constant LCU | +4.3% |
| 1995 | 64.92 billion constant LCU | +3.7% |
| 1996 | 68.49 billion constant LCU | +5.5% |
| 1997 | 73.62 billion constant LCU | +7.5% |
| 1998 | 78.18 billion constant LCU | +6.2% |
| 1999 | 81.55 billion constant LCU | +4.3% |
| 2000 | 82.99 billion constant LCU | +1.8% |
| 2001 | 84.38 billion constant LCU | +1.7% |
| 2002 | 85.52 billion constant LCU | +1.4% |
| 2003 | 86.56 billion constant LCU | +1.2% |
| 2004 | 88.55 billion constant LCU | +2.3% |
| 2005 | 90.50 billion constant LCU | +2.2% |
| 2006 | 94.09 billion constant LCU | +4.0% |
| 2007 | 98.36 billion constant LCU | +4.5% |
| 2008 | 102.31 billion constant LCU | +4.0% |
| 2009 | 107.33 billion constant LCU | +4.9% |
| 2010 | 112.87 billion constant LCU | +5.2% |
| 2011 | 118.01 billion constant LCU | +4.6% |
| 2012 | 124.36 billion constant LCU | +5.4% |
| 2013 | 132.24 billion constant LCU | +6.3% |
| 2014 | 139.27 billion constant LCU | +5.3% |
| 2015 | 147.62 billion constant LCU | +6.0% |
| 2016 | 155.84 billion constant LCU | +5.6% |
| 2017 | 163.47 billion constant LCU | +4.9% |
| 2018 | 168.16 billion constant LCU | +2.9% |
| 2019 | 171.21 billion constant LCU | +1.8% |
| 2020 | 153.65 billion constant LCU | -10.3% |
| 2021 | 164.62 billion constant LCU | +7.1% |
| 2022 | 173.53 billion constant LCU | +5.4% |
| 2023 | 179.02 billion constant LCU | +3.2% |
| 2024 | 180.62 billion constant LCU | +0.9% |
Bolivia compared with similar countries
- Bolivia's 180.62 billion constant LCU is below the median for lower middle income countries, which is 455.52 billion constant LCU, 40% of the median. (47 countries reporting)
- Bolivia's 180.62 billion constant LCU is above the median for Latin America & Caribbean, which is 71.16 billion constant LCU, 2.5× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.50 billion constant LCU | 17.78 billion constant LCU | 29.88 billion constant LCU | 10 |
| 1970s | 41.70 billion constant LCU | 31.74 billion constant LCU | 52.46 billion constant LCU | 10 |
| 1980s | 50.69 billion constant LCU | 47.70 billion constant LCU | 54.75 billion constant LCU | 10 |
| 1990s | 65.52 billion constant LCU | 52.96 billion constant LCU | 81.55 billion constant LCU | 10 |
| 2000s | 92.06 billion constant LCU | 82.99 billion constant LCU | 107.33 billion constant LCU | 10 |
| 2010s | 143.31 billion constant LCU | 112.87 billion constant LCU | 171.21 billion constant LCU | 10 |
| 2020s | 170.29 billion constant LCU | 153.65 billion constant LCU | 180.62 billion constant LCU | 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 180.62 billion constant LCU 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 180.62 billion constant LCU in 2024.
- What is the lowest services, value added recorded in Bolivia?
- The lowest recorded value was 17.78 billion constant LCU in 1960.
- How does Bolivia rank for services, value added?
- Bolivia ranks 110th out of 199 countries with data for 2024.
- Is services, value added rising or falling in Bolivia?
- Over the last ten years it is up 29.7%. 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 (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.