Services, value added in Namibia
Namibia: Services, value added was 95.12 billion constant LCU in 2025. ◆ Volatile
Services, value added in Namibia, 1980–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for services, value added in Namibia is 95.12 billion constant LCU, measured in 2025. That is the highest value across all 46 years on record.
That represents a change of up 4.2% on the previous year and up 12.4% over ten years.
Over the whole period, services, value added in Namibia peaked at 95.12 billion constant LCU in 2025 and was at its lowest, 17.73 billion constant LCU, in 1980.
Namibia ranks 123rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Namibia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1980 | 17.73 billion constant LCU | — |
| 1981 | 19.28 billion constant LCU | +8.7% |
| 1982 | 20.61 billion constant LCU | +6.9% |
| 1983 | 20.99 billion constant LCU | +1.8% |
| 1984 | 21.62 billion constant LCU | +3.0% |
| 1985 | 21.94 billion constant LCU | +1.5% |
| 1986 | 22.59 billion constant LCU | +3.0% |
| 1987 | 23.40 billion constant LCU | +3.6% |
| 1988 | 23.95 billion constant LCU | +2.3% |
| 1989 | 24.74 billion constant LCU | +3.3% |
| 1990 | 25.42 billion constant LCU | +2.8% |
| 1991 | 27.56 billion constant LCU | +8.4% |
| 1992 | 29.28 billion constant LCU | +6.2% |
| 1993 | 30.51 billion constant LCU | +4.2% |
| 1994 | 29.21 billion constant LCU | -4.3% |
| 1995 | 30.63 billion constant LCU | +4.9% |
| 1996 | 32.18 billion constant LCU | +5.1% |
| 1997 | 33.53 billion constant LCU | +4.2% |
| 1998 | 34.25 billion constant LCU | +2.1% |
| 1999 | 35.51 billion constant LCU | +3.7% |
| 2000 | 36.90 billion constant LCU | +3.9% |
| 2001 | 38.08 billion constant LCU | +3.2% |
| 2002 | 38.54 billion constant LCU | +1.2% |
| 2003 | 41.21 billion constant LCU | +6.9% |
| 2004 | 45.48 billion constant LCU | +10.4% |
| 2005 | 46.45 billion constant LCU | +2.1% |
| 2006 | 49.02 billion constant LCU | +5.5% |
| 2007 | 52.67 billion constant LCU | +7.4% |
| 2008 | 55.38 billion constant LCU | +5.1% |
| 2009 | 58.73 billion constant LCU | +6.0% |
| 2010 | 61.43 billion constant LCU | +4.6% |
| 2011 | 66.00 billion constant LCU | +7.4% |
| 2012 | 68.56 billion constant LCU | +3.9% |
| 2013 | 73.57 billion constant LCU | +7.3% |
| 2014 | 78.87 billion constant LCU | +7.2% |
| 2015 | 84.61 billion constant LCU | +7.3% |
| 2016 | 86.54 billion constant LCU | +2.3% |
| 2017 | 85.74 billion constant LCU | -0.9% |
| 2018 | 84.85 billion constant LCU | -1.0% |
| 2019 | 85.72 billion constant LCU | +1.0% |
| 2020 | 80.89 billion constant LCU | -5.6% |
| 2021 | 82.47 billion constant LCU | +1.9% |
| 2022 | 84.32 billion constant LCU | +2.2% |
| 2023 | 86.71 billion constant LCU | +2.8% |
| 2024 | 91.25 billion constant LCU | +5.2% |
| 2025 | 95.12 billion constant LCU | +4.2% |
Namibia compared with similar countries
- Namibia's 95.12 billion constant LCU is below the median for lower middle income countries, which is 455.52 billion constant LCU, 21% of the median. (47 countries reporting)
- Namibia's 95.12 billion constant LCU is below the median for Sub-Saharan Africa, which is 1.66 trillion constant LCU, 6% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 21.68 billion constant LCU | 17.73 billion constant LCU | 24.74 billion constant LCU | 10 |
| 1990s | 30.81 billion constant LCU | 25.42 billion constant LCU | 35.51 billion constant LCU | 10 |
| 2000s | 46.25 billion constant LCU | 36.90 billion constant LCU | 58.73 billion constant LCU | 10 |
| 2010s | 77.59 billion constant LCU | 61.43 billion constant LCU | 86.54 billion constant LCU | 10 |
| 2020s | 86.79 billion constant LCU | 80.89 billion constant LCU | 95.12 billion constant LCU | 6 |
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 services, value added in Namibia?
- Services, value added in Namibia was 95.12 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Namibia?
- The highest recorded value was 95.12 billion constant LCU in 2025.
- What is the lowest services, value added recorded in Namibia?
- The lowest recorded value was 17.73 billion constant LCU in 1980.
- How does Namibia rank for services, value added?
- Namibia ranks 123rd out of 199 countries with data for 2025.
- Is services, value added rising or falling in Namibia?
- Over the last ten years it is up 12.4%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.