Value Added (Total Manufacturing) — Value Standard Local Currency in Namibia
Namibia: Value Added (Total Manufacturing) — Value Standard Local Currency was 15,670 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Namibia, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Namibia recorded 15,670 million SLC for value added (total manufacturing) — value standard local currency in 2023.
Compared with earlier readings it is down 3.2% on the previous year and down 5.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Namibia peaked at 18,808 million SLC in 2019 and was at its lowest, 3,674 million SLC, in 1970.
Namibia ranks 142nd of 223 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Namibia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 3,674 million SLC | — |
| 1971 | 3,865 million SLC | +5.2% |
| 1972 | 3,940 million SLC | +1.9% |
| 1973 | 4,101 million SLC | +4.1% |
| 1974 | 4,387 million SLC | +7.0% |
| 1975 | 4,481 million SLC | +2.2% |
| 1976 | 4,577 million SLC | +2.1% |
| 1977 | 4,530 million SLC | -1.0% |
| 1978 | 4,668 million SLC | +3.0% |
| 1979 | 4,984 million SLC | +6.8% |
| 1980 | 4,993 million SLC | +0.2% |
| 1981 | 5,244 million SLC | +5.0% |
| 1982 | 5,795 million SLC | +10.5% |
| 1983 | 5,815 million SLC | +0.3% |
| 1984 | 5,904 million SLC | +1.5% |
| 1985 | 6,060 million SLC | +2.6% |
| 1986 | 6,450 million SLC | +6.4% |
| 1987 | 6,581 million SLC | +2.0% |
| 1988 | 6,495 million SLC | -1.3% |
| 1989 | 6,725 million SLC | +3.5% |
| 1990 | 7,287 million SLC | +8.4% |
| 1991 | 6,818 million SLC | -6.4% |
| 1992 | 7,605 million SLC | +11.5% |
| 1993 | 8,293 million SLC | +9.1% |
| 1994 | 8,825 million SLC | +6.4% |
| 1995 | 8,657 million SLC | -1.9% |
| 1996 | 7,257 million SLC | -16.2% |
| 1997 | 8,562 million SLC | +18.0% |
| 1998 | 9,323 million SLC | +8.9% |
| 1999 | 8,978 million SLC | -3.7% |
| 2000 | 9,301 million SLC | +3.6% |
| 2001 | 9,853 million SLC | +5.9% |
| 2002 | 10,244 million SLC | +4.0% |
| 2003 | 11,664 million SLC | +13.9% |
| 2004 | 11,705 million SLC | +0.4% |
| 2005 | 12,588 million SLC | +7.5% |
| 2006 | 12,929 million SLC | +2.7% |
| 2007 | 14,034 million SLC | +8.5% |
| 2008 | 14,725 million SLC | +4.9% |
| 2009 | 15,023 million SLC | +2.0% |
| 2010 | 16,151 million SLC | +7.5% |
| 2011 | 17,069 million SLC | +5.7% |
| 2012 | 15,902 million SLC | -6.8% |
| 2013 | 16,604 million SLC | +4.4% |
| 2014 | 17,225 million SLC | +3.7% |
| 2015 | 16,671 million SLC | -3.2% |
| 2016 | 18,335 million SLC | +10.0% |
| 2017 | 18,033 million SLC | -1.6% |
| 2018 | 17,966 million SLC | -0.4% |
| 2019 | 18,808 million SLC | +4.7% |
| 2020 | 15,583 million SLC | -17.1% |
| 2021 | 15,399 million SLC | -1.2% |
| 2022 | 16,193 million SLC | +5.2% |
| 2023 | 15,670 million SLC | -3.2% |
Namibia compared with similar countries
- Namibia's 15,670 million SLC is below the median for lower middle income countries, which is 106,869 million SLC, 15% of the median. (44 countries reporting)
- Namibia's 15,670 million SLC is below the median for Sub-Saharan Africa, which is 527,136 million SLC, 3% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,321 million SLC | 3,674 million SLC | 4,984 million SLC | 10 |
| 1980s | 6,006 million SLC | 4,993 million SLC | 6,725 million SLC | 10 |
| 1990s | 8,160 million SLC | 6,818 million SLC | 9,323 million SLC | 10 |
| 2000s | 12,207 million SLC | 9,301 million SLC | 15,023 million SLC | 10 |
| 2010s | 17,277 million SLC | 15,902 million SLC | 18,808 million SLC | 10 |
| 2020s | 15,711 million SLC | 15,399 million SLC | 16,193 million SLC | 4 |
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 (total manufacturing) — value standard local currency in Namibia?
- Value added (total manufacturing) — value standard local currency in Namibia was 15,670 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Namibia?
- The highest recorded value was 18,808 million SLC in 2019.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Namibia?
- The lowest recorded value was 3,674 million SLC in 1970.
- How does Namibia rank for value added (total manufacturing) — value standard local currency?
- Namibia ranks 142nd out of 223 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Namibia?
- Over the last ten years it is down 5.6%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).