Services, value added (current LCU), annual growth rate in Namibia
Namibia: Services, value added (current LCU), annual growth rate was 9.74 % change on previous year in 2025. ▼ Falling
Services, value added (current LCU), annual growth rate in Namibia, 1981–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (current lcu), annual growth rate in Namibia stood at 9.74 % change on previous year.
Compared with earlier readings it is down 6.7% on the previous year and up 11.4% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Namibia peaked at 28.03 % change on previous year in 1981 and was at its lowest, -3.28 % change on previous year, in 2020.
Namibia ranks 60th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Services, value added (current LCU), annual growth rate in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 28.03 % change on previous year | — |
| 1982 | 25.31 % change on previous year | -9.7% |
| 1983 | 16.37 % change on previous year | -35.3% |
| 1984 | 16.27 % change on previous year | -0.6% |
| 1985 | 13.06 % change on previous year | -19.7% |
| 1986 | 17.01 % change on previous year | +30.2% |
| 1987 | 22.3 % change on previous year | +31.1% |
| 1988 | 12.7 % change on previous year | -43.1% |
| 1989 | 16.01 % change on previous year | +26.1% |
| 1990 | 16.93 % change on previous year | +5.8% |
| 1991 | 19.9 % change on previous year | +17.5% |
| 1992 | 23.76 % change on previous year | +19.4% |
| 1993 | 11.87 % change on previous year | -50.0% |
| 1994 | 13.85 % change on previous year | +16.6% |
| 1995 | 15.48 % change on previous year | +11.8% |
| 1996 | 21.68 % change on previous year | +40.1% |
| 1997 | 11.96 % change on previous year | -44.8% |
| 1998 | 9.85 % change on previous year | -17.6% |
| 1999 | 10.91 % change on previous year | +10.8% |
| 2000 | 10.13 % change on previous year | -7.1% |
| 2001 | 11.06 % change on previous year | +9.1% |
| 2002 | 11.35 % change on previous year | +2.7% |
| 2003 | 14.82 % change on previous year | +30.5% |
| 2004 | 12.16 % change on previous year | -18.0% |
| 2005 | 5.86 % change on previous year | -51.8% |
| 2006 | 9.07 % change on previous year | +54.9% |
| 2007 | 8.74 % change on previous year | -3.7% |
| 2008 | 10.92 % change on previous year | +24.9% |
| 2009 | 16.68 % change on previous year | +52.8% |
| 2010 | 12.8 % change on previous year | -23.3% |
| 2011 | 9.52 % change on previous year | -25.7% |
| 2012 | 16.38 % change on previous year | +72.1% |
| 2013 | 17.66 % change on previous year | +7.8% |
| 2014 | 14.76 % change on previous year | -16.4% |
| 2015 | 8.75 % change on previous year | -40.7% |
| 2016 | 7.64 % change on previous year | -12.6% |
| 2017 | 10.43 % change on previous year | +36.5% |
| 2018 | 4.14 % change on previous year | -60.3% |
| 2019 | 1.09 % change on previous year | -73.7% |
| 2020 | -3.28 % change on previous year | -400.4% |
| 2021 | 3.5 % change on previous year | -206.6% |
| 2022 | 7.48 % change on previous year | +113.9% |
| 2023 | 7.43 % change on previous year | -0.6% |
| 2024 | 10.44 % change on previous year | +40.5% |
| 2025 | 9.74 % change on previous year | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.56 % change on previous year | 12.7 % change on previous year | 28.03 % change on previous year | 9 |
| 1990s | 15.62 % change on previous year | 9.85 % change on previous year | 23.76 % change on previous year | 10 |
| 2000s | 11.08 % change on previous year | 5.86 % change on previous year | 16.68 % change on previous year | 10 |
| 2010s | 10.32 % change on previous year | 1.09 % change on previous year | 17.66 % change on previous year | 10 |
| 2020s | 5.88 % change on previous year | -3.28 % change on previous year | 10.44 % change on previous year | 6 |
Countries ranked near Namibia
- 57 Colombia 9.9 % change on previous year compare
- 58 Fiji 9.87 % change on previous year compare
- 59 Armenia 9.86 % change on previous year compare
- 61 Iceland 9.72 % change on previous year compare
- 62 North Macedonia 9.63 % change on previous year compare
- 63 Canada 9.53 % change on previous year compare
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)
- Services, value added (current US$), annual growth rate 12.44 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5498 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,681 current US$ per person (2025)
- Services, value added (current LCU), per unit of GDP 9.84 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 47,958 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.24 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4896 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 2,387 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Namibia?
- Services, value added (current lcu), annual growth rate in Namibia was 9.74 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Namibia?
- The highest recorded value was 28.03 % change on previous year in 1981.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Namibia?
- The lowest recorded value was -3.28 % change on previous year in 2020.
- How does Namibia rank for services, value added (current lcu), annual growth rate?
- Namibia ranks 60th out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Namibia?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.