Financial and insurance activities (banking), value added in Namibia
Namibia: Financial and insurance activities (banking), value added was 3.46 billion current LCU in 2011. β Volatile
Financial and insurance activities (banking), value added in Namibia, 1980β2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Namibia is 3.46 billion current LCU, measured in 2011. That is the highest value across all 32 years on record.
That represents a change of up 12.1% on the previous year and up 289.6% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Namibia peaked at 3.46 billion current LCU in 2011 and was at its lowest, 102.00 million current LCU, in 1980.
That places Namibia 22nd out of 36 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 | 225.00 million current LCU | 102.00 million current LCU | 427.00 million current LCU | 10 |
| 1990s | 515.80 million current LCU | 288.00 million current LCU | 739.00 million current LCU | 10 |
| 2000s | 1.62 billion current LCU | 791.00 million current LCU | 2.63 billion current LCU | 10 |
| 2010s | 3.27 billion current LCU | 3.08 billion current LCU | 3.46 billion current LCU | 2 |
Countries ranked near Namibia
More economy & growth data for Namibia
- External balance on goods and services as a percent of gdp -19.23 (2025)
- Inflation of consumer prices 3.51 (2025)
- Gdp per capita worldbank constant usd 4,019 (2025)
- Manufacturing value added to gdp 10.02 (2025)
- Gdp worldbank constant usd 12.43 billion (2025)
- Gdp per capita in international and market dollars 4,019 (2025)
- DEC alternative conversion factor 17.89 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 26.13 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.46 billion current US$ (2025)
- Taxes less subsidies on products 24.49 billion current LCU (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 3.46 billion current 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 3.46 billion current LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Namibia?
- The lowest recorded value was 102.00 million current LCU in 1980.
- How does Namibia rank for financial and insurance activities (banking), value added?
- Namibia ranks 22nd out of 36 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 289.6%. 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 (current 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 current local currency.