Exports of services as a part of balance of payment reached 1.24 USD bil in 2016 in Bolivia, according to the National Statistical Office. This is 8.71 % less than in the previous year.
Historically, exports of services as a part of balance of payment in Bolivia reached an all time high of 1.36 USD bil in 2017 and an all time low of 0.060 USD bil in 1976. When compared to Bolivia's main peers, exports of services as a part of balance of payment in Brazil amounted to 33.3 USD bil, 9.45 USD bil in Chile, 1.01 USD bil in Paraguay and 6.10 USD bil in Peru in 2016.
Bolivia has been ranked 113th within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 5 places behind the position seen 10 years ago.
Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.
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