Services, value added in Bolivia, Plurinational State of

Bolivia, Plurinational State of: Services, value added was 53.4% in 2024. ▲ Rising

Latest (2024)
53.4%
Change on year
down 0.8%
World rank
131st
of 204 countries
All-time high
55.8%
in 2020
All-time low
40.0%
in 1974
Years of data
55
1970–2024

Services, value added in Bolivia, Plurinational State of, 1970–2024

0204060197019972024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.

Analysis

In 2024, services, value added in Bolivia, Plurinational State of stood at 53.4%.

That represents a change of down 0.8% on the previous year and up 28.7% over ten years.

Over the whole period, services, value added in Bolivia, Plurinational State of peaked at 55.8% in 2020 and was at its lowest, 40.0%, in 1974.

That places Bolivia, Plurinational State of 131st out of 204 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

Services, value added in Bolivia, Plurinational State of, year by year

Annual values for Services, value added (% of GDP) in Bolivia, Plurinational State of, 1970 to 2024.
Year % of GDP Change
1970 44.3%
1971 46.2% +4.3%
1972 43.8% -5.2%
1973 41.5% -5.2%
1974 40.0% -3.7%
1975 44.8% +11.9%
1976 45.7% +2.2%
1977 45.3% -1.1%
1978 46.7% +3.2%
1979 48.0% +2.8%
1980 44.7% -6.9%
1981 44.5% -0.5%
1982 44.9% +0.9%
1983 42.5% -5.5%
1984 43.2% +1.7%
1985 43.4% +0.5%
1986 44.3% +2.0%
1987 46.7% +5.5%
1988 46.1% -1.3%
1989 46.4% +0.7%
1990 46.1% -0.7%
1991 46.6% +1.1%
1992 47.5% +2.0%
1993 48.9% +3.0%
1994 48.3% -1.3%
1995 46.7% -3.3%
1996 47.5% +1.7%
1997 49.2% +3.6%
1998 51.7% +5.1%
1999 54.2% +4.8%
2000 52.2% -3.8%
2001 52.7% +0.9%
2002 52.3% -0.7%
2003 51.3% -1.9%
2004 49.3% -3.9%
2005 46.8% -5.0%
2006 43.1% -7.9%
2007 42.5% -1.4%
2008 40.5% -4.7%
2009 43.5% +7.4%
2010 43.6% +0.1%
2011 41.0% -5.8%
2012 40.4% -1.4%
2013 40.2% -0.6%
2014 41.5% +3.1%
2015 46.0% +10.9%
2016 49.8% +8.3%
2017 51.5% +3.4%
2018 52.3% +1.6%
2019 53.3% +1.9%
2020 55.8% +4.6%
2021 52.6% -5.8%
2022 52.9% +0.6%
2023 53.8% +1.8%
2024 53.4% -0.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 44.6% 40.0% 48.0% 10
1980s 44.7% 42.5% 46.7% 10
1990s 48.7% 46.1% 54.2% 10
2000s 47.4% 40.5% 52.7% 10
2010s 46.0% 40.2% 53.3% 10
2020s 53.7% 52.6% 55.8% 5

Countries ranked near Bolivia, Plurinational State of

  1. 128 Congo 54.3% compare
  2. 129 Haiti 54.2% compare
  3. 130 Faroe Islands 53.8% compare
  4. 132 Bhutan 53.2% compare
  5. 133 Gambia 53.1% compare
  6. 134 Eswatini 52.4% compare

See the full ranking of 252 places →

More economy & growth data for Bolivia, Plurinational State of

All data for Bolivia, Plurinational State of →

Frequently asked questions

What is services, value added in Bolivia, Plurinational State of?
Services, value added in Bolivia, Plurinational State of was 53.4% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Bolivia, Plurinational State of?
The highest recorded value was 55.8% in 2020.
What is the lowest services, value added recorded in Bolivia, Plurinational State of?
The lowest recorded value was 40.0% in 1974.
How does Bolivia, Plurinational State of rank for services, value added?
Bolivia, Plurinational State of ranks 131st out of 204 countries with data for 2024.
Is services, value added rising or falling in Bolivia, Plurinational State of?
Over the last ten years it is up 28.7%. The long-run trend across the full record is rising.
Where does this Bolivia, Plurinational State of data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). Statizoid updates them automatically from the source API.

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Services, value added in Bolivia, Plurinational State of. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 25 August 2026, from https://economy.statizoid.com/stat/services-value-added-percent-of-gdp/bolivia/

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About this data

Indicator
Services, value added (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,765 data points, 1960–2025
Last refreshed

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.