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 198 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.
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
- External balance on goods and services as a percent of GDP -4.1% (2024)
- Inflation of consumer prices 19.5% (2025)
- GDP per capita 2,957 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.1% (2024)
- Gross domestic product (GDP) 37.21 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,957 constant 2015 US$ (2025)
- 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)
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 198 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.