Financial and insurance activities (banking), value added in Namibia
Namibia: Financial and insurance activities (banking), value added was 2.32 billion constant LCU in 2011. ◆ Volatile
Financial and insurance activities (banking), value added in Namibia, 1980–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
Namibia recorded 2.32 billion constant LCU for financial and insurance activities (banking), value added in 2011. That is the highest value across all 28 years on record.
That represents a change of up 4.7% on the previous year and up 126.2% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Namibia peaked at 2.32 billion constant LCU in 2011 and was at its lowest, 0 constant LCU, in 1980.
That places Namibia 21st out of 31 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 constant LCU | 0 constant LCU | 0 constant LCU | 9 |
| 1990s | 368.86 million constant LCU | 263.00 million constant LCU | 461.00 million constant LCU | 7 |
| 2000s | 1.57 billion constant LCU | 1.03 billion constant LCU | 2.13 billion constant LCU | 10 |
| 2010s | 2.27 billion constant LCU | 2.22 billion constant LCU | 2.32 billion constant 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)
- Taxes less subsidies on products (current US$), annual growth rate 8.46 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0908 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 442.63 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 5.86 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 1.62 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 7,918 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0439 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 22.76 (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Namibia?
- Financial and insurance activities (banking), value added in Namibia was 2.32 billion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Namibia?
- The highest recorded value was 2.32 billion constant LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Namibia?
- The lowest recorded value was 0 constant LCU in 1980.
- How does Namibia rank for financial and insurance activities (banking), value added?
- Namibia ranks 21st out of 31 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Namibia?
- Over the last ten years it is up 126.2%. 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 Financial and insurance activities (banking), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.