Value added, services and etc growth rate in Namibia

Namibia: Value added, services and etc growth rate was 4.3% in 2011. ◆ Volatile

Latest (2011)
4.3%
Change on year
up 6.6%
World rank
33rd
of 49 countries
All-time high
11.0%
in 1991
All-time low
-0.0%
in 1993
Years of data
31
1981–2011

Value added, services and etc growth rate in Namibia, 1981–2011

02.557.5101981199620111981: 3 %1982: 3.2 %1983: 1 %1984: 1.9 %1985: 0.854 %1986: 4.2 %1987: 3.4 %1988: 1.1 %1989: 1.7 %1990: 1.2 %1991: 11 %1992: 5.8 %1993: -0.019 %1994: 5.4 %1995: 4.8 %1996: 5.3 %1997: 3.8 %1998: 2.1 %1999: 3.8 %2000: 4.2 %2001: 3.2 %2002: 1.2 %2003: 6.9 %2004: 10.4 %2005: 2 %2006: 5.3 %2007: 7.4 %2008: 5.6 %2009: 4.9 %2010: 4 %2011: 4.3 %

Source: World Bank national accounts data, and OECD National Accounts data files. Measured in %.

Analysis

The most recent figure for value added, services and etc growth rate in Namibia is 4.3%, measured in 2011.

The figure is up 6.6% on the previous year and up 32.5% over ten years.

Over the whole period, value added, services and etc growth rate in Namibia peaked at 11.0% in 1991 and was at its lowest, -0.0%, in 1993.

That places Namibia 33rd out of 49 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

DecadeAverage LowestHighest Years
1980s 2.3% 0.9% 4.2% 9
1990s 4.3% -0.0% 11.0% 10
2000s 5.1% 1.2% 10.4% 10
2010s 4.1% 4.0% 4.3% 2

Countries ranked near Namibia

  1. 30 Eswatini 4.6% compare
  2. 31 Sudan 4.4% compare
  3. 32 Cape Verde 4.3% compare
  4. 34 Tunisia 4.2% compare
  5. 35 Mali 3.8% compare
  6. 36 South Africa 3.6% compare

See the full ranking of 49 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is value added, services and etc growth rate in Namibia?
Value added, services and etc growth rate in Namibia was 4.3% in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
What is the highest value added, services and etc growth rate recorded in Namibia?
The highest recorded value was 11.0% in 1991.
What is the lowest value added, services and etc growth rate recorded in Namibia?
The lowest recorded value was -0.0% in 1993.
How does Namibia rank for value added, services and etc growth rate?
Namibia ranks 33rd out of 49 countries with data for 2011.
Is value added, services and etc growth rate rising or falling in Namibia?
Over the last ten years it is up 32.5%. 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 Value added, services and etc growth rate (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Value added, services and etc growth rate (%)
Unit
%
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
49 places, 1,759 data points, 1961–2011
Last refreshed

This is the annual rate of growth of value added in services. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 2.