Services, value added (current US$), annual growth rate in Bolivia

Bolivia: Services, value added (current US$), annual growth rate was 4.01 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.01 % change on previous year
Change on year
down 11.7%
World rank
166th
of 204 countries
All-time high
60.22 % change on previous year
in 1974
All-time low
-24.88 % change on previous year
in 1986
Years of data
54
1971–2024

Services, value added (current US$), annual growth rate in Bolivia, 1971–2024

-200204060197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, services, value added (current us$), annual growth rate in Bolivia stood at 4.01 % change on previous year.

Compared with earlier readings it is down 11.7% on the previous year and down 63.5% over ten years.

Over the whole period, services, value added (current us$), annual growth rate in Bolivia peaked at 60.22 % change on previous year in 1974 and was at its lowest, -24.88 % change on previous year, in 1986.

That places Bolivia 166th out of 204 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Services, value added (current US$), annual growth rate in Bolivia, year by year

Annual values for Services, value added (current US$), annual growth rate in Bolivia, 1971 to 2024.
Year % change on previous year Change
1971 12.4 % change on previous year —
1972 8.81 % change on previous year -29.0%
1973 -4.82 % change on previous year -154.7%
1974 60.22 % change on previous year -1350.3%
1975 28.07 % change on previous year -53.4%
1976 16.07 % change on previous year -42.7%
1977 16.89 % change on previous year +5.1%
1978 20.21 % change on previous year +19.6%
1979 20.96 % change on previous year +3.7%
1980 -4.41 % change on previous year -121.1%
1981 29.24 % change on previous year -762.8%
1982 -4.21 % change on previous year -114.4%
1983 -8.35 % change on previous year +98.2%
1984 15.73 % change on previous year -288.3%
1985 -12.39 % change on previous year -178.8%
1986 -24.88 % change on previous year +100.8%
1987 15.84 % change on previous year -163.6%
1988 4.37 % change on previous year -72.4%
1989 3.25 % change on previous year -25.6%
1990 2.52 % change on previous year -22.3%
1991 10.95 % change on previous year +333.8%
1992 7.69 % change on previous year -29.8%
1993 4.64 % change on previous year -39.7%
1994 2.99 % change on previous year -35.5%
1995 8.57 % change on previous year +186.8%
1996 11.99 % change on previous year +39.8%
1997 11.01 % change on previous year -8.2%
1998 12.65 % change on previous year +15.0%
1999 2.22 % change on previous year -82.5%
2000 -2.49 % change on previous year -212.1%
2001 -2.14 % change on previous year -14.0%
2002 -3.55 % change on previous year +66.2%
2003 0.2607 % change on previous year -107.3%
2004 4.31 % change on previous year +1553.2%
2005 3.4 % change on previous year -21.2%
2006 10.48 % change on previous year +208.4%
2007 12.91 % change on previous year +23.3%
2008 21.07 % change on previous year +63.1%
2009 11.73 % change on previous year -44.3%
2010 13.43 % change on previous year +14.5%
2011 14.84 % change on previous year +10.5%
2012 11.46 % change on previous year -22.8%
2013 12.55 % change on previous year +9.6%
2014 10.98 % change on previous year -12.5%
2015 10.89 % change on previous year -0.8%
2016 11.41 % change on previous year +4.8%
2017 39.96 % change on previous year +250.2%
2018 7.09 % change on previous year -82.2%
2019 3.29 % change on previous year -53.6%
2020 -9.81 % change on previous year -398.2%
2021 6.62 % change on previous year -167.5%
2022 7.04 % change on previous year +6.3%
2023 4.54 % change on previous year -35.6%
2024 4.01 % change on previous year -11.7%

Bolivia compared with similar countries

  • Bolivia's 4.01 % change on previous year is below the median for lower middle income countries, which is 10.75 % change on previous year, 37% of the median. (47 countries reporting)
  • Bolivia's 4.01 % change on previous year is below the median for Latin America & Caribbean, which is 5.66 % change on previous year, 71% of the median. (39 countries reporting)

Biggest year-on-year movements

Years where Services, value added (current US$), annual growth rate 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.

YearChange FromTo
2004 +1553.2% 0.2607 % change on previous year 4.31 % change on previous year
1974 +1350.3% -4.82 % change on previous year 60.22 % change on previous year
1981 +762.8% -4.41 % change on previous year 29.24 % change on previous year
2020 -398.2% 3.29 % change on previous year -9.81 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.87 % change on previous year -4.82 % change on previous year 60.22 % change on previous year 9
1980s 1.42 % change on previous year -24.88 % change on previous year 29.24 % change on previous year 10
1990s 7.52 % change on previous year 2.22 % change on previous year 12.65 % change on previous year 10
2000s 5.6 % change on previous year -3.55 % change on previous year 21.07 % change on previous year 10
2010s 13.59 % change on previous year 3.29 % change on previous year 39.96 % change on previous year 10
2020s 2.48 % change on previous year -9.81 % change on previous year 7.04 % change on previous year 5

Countries ranked near Bolivia

  1. 163 Nepal 4.06 % change on previous year compare
  2. 164 Algeria 4.04 % change on previous year compare
  3. 165 Jordan 4.01 % change on previous year compare
  4. 167 Indonesia 3.94 % change on previous year compare
  5. 168 New Zealand 3.93 % change on previous year compare
  6. 169 Iraq 3.89 % change on previous year compare

See the full ranking of 252 places →

More economy & growth data for Bolivia

All data for Bolivia →

Frequently asked questions

What is services, value added (current us$), annual growth rate in Bolivia?
Services, value added (current us$), annual growth rate in Bolivia was 4.01 % change on previous year in 2024, according to Statizoid (derived).
What is the highest services, value added (current us$), annual growth rate recorded in Bolivia?
The highest recorded value was 60.22 % change on previous year in 1974.
What is the lowest services, value added (current us$), annual growth rate recorded in Bolivia?
The lowest recorded value was -24.88 % change on previous year in 1986.
How does Bolivia rank for services, value added (current us$), annual growth rate?
Bolivia ranks 166th out of 204 countries with data for 2024.
Is services, value added (current us$), annual growth rate rising or falling in Bolivia?
Over the last ten years it is down 63.5%. The long-run trend across the full record is volatile.
Where does this Bolivia data come from?
The figures come from Statizoid (derived), published as part of Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Services, value added (current US$), annual growth rate in Bolivia. Statizoid, drawing on Statizoid (derived). Retrieved 15 October 2026, from https://economy.statizoid.com/stat/services-value-added-current-us-annual-growth-rate/bolivia/

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How this figure is calculated

The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Services, value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 10,451 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.