Value added, services and etc growth rate in Namibia
Namibia: Value added, services and etc growth rate was 4.3% in 2011. ◆ Volatile
Value added, services and etc growth rate in Namibia, 1981–2011
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.
Value added, services and etc growth rate in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 1981 | 3.0% | — |
| 1982 | 3.2% | +7.7% |
| 1983 | 1.0% | -67.8% |
| 1984 | 1.9% | +85.8% |
| 1985 | 0.9% | -55.3% |
| 1986 | 4.2% | +396.2% |
| 1987 | 3.4% | -18.8% |
| 1988 | 1.1% | -67.5% |
| 1989 | 1.7% | +56.0% |
| 1990 | 1.2% | -33.8% |
| 1991 | 11.0% | +852.1% |
| 1992 | 5.8% | -47.6% |
| 1993 | -0.0% | -100.3% |
| 1994 | 5.4% | -27957.5% |
| 1995 | 4.8% | -10.3% |
| 1996 | 5.3% | +10.2% |
| 1997 | 3.8% | -29.3% |
| 1998 | 2.1% | -44.4% |
| 1999 | 3.8% | +83.1% |
| 2000 | 4.2% | +9.5% |
| 2001 | 3.2% | -23.0% |
| 2002 | 1.2% | -61.7% |
| 2003 | 6.9% | +461.4% |
| 2004 | 10.4% | +49.8% |
| 2005 | 2.0% | -81.1% |
| 2006 | 5.3% | +173.0% |
| 2007 | 7.4% | +38.4% |
| 2008 | 5.6% | -23.8% |
| 2009 | 4.9% | -12.4% |
| 2010 | 4.0% | -18.9% |
| 2011 | 4.3% | +6.6% |
Namibia compared with similar countries
- Namibia's 4.3% is below the median for lower middle income countries, which is 5.1%, 83% of the median. (23 countries reporting)
- Namibia's 4.3% is below the median for Sub-Saharan Africa, which is 5.5%, 78% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Value added, services and etc growth rate in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +27957.5% | -0.0% | 5.4% |
| 1991 | +852.1% | 1.2% | 11.0% |
| 2003 | +461.4% | 1.2% | 6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.