Construction, value added in Namibia
Namibia: Construction, value added was 3.23 billion current LCU in 2011. ◆ Volatile
Construction, value added in Namibia, 1980–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
Namibia recorded 3.23 billion current LCU for construction, value added in 2011. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 19.1% on the previous year and up 252.9% over ten years.
Over the whole period, construction, value added in Namibia peaked at 3.23 billion current LCU in 2011 and was at its lowest, 66.00 million current LCU, in 1984.
That places Namibia 44th out of 51 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Construction, value added in Namibia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 83.00 million current LCU | — |
| 1981 | 90.00 million current LCU | +8.4% |
| 1982 | 87.00 million current LCU | -3.3% |
| 1983 | 77.00 million current LCU | -11.5% |
| 1984 | 66.00 million current LCU | -14.3% |
| 1985 | 78.00 million current LCU | +18.2% |
| 1986 | 73.00 million current LCU | -6.4% |
| 1987 | 76.00 million current LCU | +4.1% |
| 1988 | 111.00 million current LCU | +46.1% |
| 1989 | 133.00 million current LCU | +19.8% |
| 1990 | 139.00 million current LCU | +4.5% |
| 1991 | 145.00 million current LCU | +4.3% |
| 1992 | 215.00 million current LCU | +48.3% |
| 1993 | 273.00 million current LCU | +27.0% |
| 1994 | 314.00 million current LCU | +15.0% |
| 1995 | 360.00 million current LCU | +14.6% |
| 1996 | 452.00 million current LCU | +25.6% |
| 1997 | 433.00 million current LCU | -4.2% |
| 1998 | 528.00 million current LCU | +21.9% |
| 1999 | 483.00 million current LCU | -8.5% |
| 2000 | 545.00 million current LCU | +12.8% |
| 2001 | 915.00 million current LCU | +67.9% |
| 2002 | 716.00 million current LCU | -21.7% |
| 2003 | 983.00 million current LCU | +37.3% |
| 2004 | 1.14 billion current LCU | +15.8% |
| 2005 | 1.26 billion current LCU | +10.6% |
| 2006 | 1.83 billion current LCU | +45.0% |
| 2007 | 2.29 billion current LCU | +25.2% |
| 2008 | 2.88 billion current LCU | +26.0% |
| 2009 | 2.46 billion current LCU | -14.4% |
| 2010 | 2.71 billion current LCU | +10.0% |
| 2011 | 3.23 billion current LCU | +19.1% |
Namibia compared with similar countries
- Namibia's 3.23 billion current LCU is below the median for lower middle income countries, which is 61.00 billion current LCU, 5% of the median. (23 countries reporting)
- Namibia's 3.23 billion current LCU is below the median for Sub-Saharan Africa, which is 76.50 billion current LCU, 4% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 87.40 million current LCU | 66.00 million current LCU | 133.00 million current LCU | 10 |
| 1990s | 334.20 million current LCU | 139.00 million current LCU | 528.00 million current LCU | 10 |
| 2000s | 1.50 billion current LCU | 545.00 million current LCU | 2.88 billion current LCU | 10 |
| 2010s | 2.97 billion current LCU | 2.71 billion current LCU | 3.23 billion current LCU | 2 |
Countries ranked near Namibia
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 44.40 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.65 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.93 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.67 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1418 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 638.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is construction, value added in Namibia?
- Construction, value added in Namibia was 3.23 billion current LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest construction, value added recorded in Namibia?
- The highest recorded value was 3.23 billion current LCU in 2011.
- What is the lowest construction, value added recorded in Namibia?
- The lowest recorded value was 66.00 million current LCU in 1984.
- How does Namibia rank for construction, value added?
- Namibia ranks 44th out of 51 countries with data for 2011.
- Is construction, value added rising or falling in Namibia?
- Over the last ten years it is up 252.9%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Construction, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in construction is defined as the value of output of the construction industry less the value of intermediate consumption (intermediate inputs). Construction is a subset of industry (ISIC 45). Data are in current local currency.