Services, value added in Bolivia, Plurinational State of
Bolivia, Plurinational State of: Services, value added was 53.4% in 2024. ▲ Rising
Services, value added in Bolivia, Plurinational State of, 1970–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Bolivia, Plurinational State of
- 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)
- Gross domestic savings (current US$), annual growth rate 2.33 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1384 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 611.86 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate 2.33 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.9563 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 4,228 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 7.68 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8587 current US$ per US$ of GDP (2025)
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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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 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.