Value Added (Total Manufacturing) — Value Standard Local Currency in Namibia
Namibia: Value Added (Total Manufacturing) — Value Standard Local Currency was 25,595 million SLC in 2023. ◆ Volatile
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
In 2023, value added (total manufacturing) — value standard local currency in Namibia stood at 25,595 million SLC. That is the highest value across all 54 years on record.
The figure is up 12.1% on the previous year and up 111.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Namibia peaked at 25,595 million SLC in 2023 and was at its lowest, 39.6 million SLC, in 1970.
Namibia ranks 140th of 231 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.
Value Added (Total Manufacturing) — Value Standard Local Currency in Namibia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 39.6 million SLC | — |
| 1971 | 44.02 million SLC | +11.1% |
| 1972 | 47.79 million SLC | +8.6% |
| 1973 | 54.5 million SLC | +14.1% |
| 1974 | 64.95 million SLC | +19.2% |
| 1975 | 75.52 million SLC | +16.3% |
| 1976 | 85.85 million SLC | +13.7% |
| 1977 | 93.61 million SLC | +9.0% |
| 1978 | 109.8 million SLC | +17.3% |
| 1979 | 134.32 million SLC | +22.3% |
| 1980 | 160.07 million SLC | +19.2% |
| 1981 | 190.59 million SLC | +19.1% |
| 1982 | 229.92 million SLC | +20.6% |
| 1983 | 262.9 million SLC | +14.3% |
| 1984 | 284.34 million SLC | +8.2% |
| 1985 | 331.38 million SLC | +16.5% |
| 1986 | 387.49 million SLC | +16.9% |
| 1987 | 472.81 million SLC | +22.0% |
| 1988 | 546.56 million SLC | +15.6% |
| 1989 | 638.87 million SLC | +16.9% |
| 1990 | 750.3 million SLC | +17.4% |
| 1991 | 785.59 million SLC | +4.7% |
| 1992 | 974.87 million SLC | +24.1% |
| 1993 | 1,177 million SLC | +20.7% |
| 1994 | 1,361 million SLC | +15.6% |
| 1995 | 1,461 million SLC | +7.4% |
| 1996 | 1,336 million SLC | -8.6% |
| 1997 | 1,655 million SLC | +23.9% |
| 1998 | 2,041 million SLC | +23.3% |
| 1999 | 2,074 million SLC | +1.6% |
| 2000 | 2,651 million SLC | +27.8% |
| 2001 | 2,947 million SLC | +11.2% |
| 2002 | 3,326 million SLC | +12.9% |
| 2003 | 4,246 million SLC | +27.7% |
| 2004 | 4,522 million SLC | +6.5% |
| 2005 | 4,848 million SLC | +7.2% |
| 2006 | 6,819 million SLC | +40.7% |
| 2007 | 8,401 million SLC | +23.2% |
| 2008 | 8,006 million SLC | -4.7% |
| 2009 | 9,801 million SLC | +22.4% |
| 2010 | 10,306 million SLC | +5.2% |
| 2011 | 12,303 million SLC | +19.4% |
| 2012 | 13,027 million SLC | +5.9% |
| 2013 | 12,116 million SLC | -7.0% |
| 2014 | 13,360 million SLC | +10.3% |
| 2015 | 16,671 million SLC | +24.8% |
| 2016 | 18,418 million SLC | +10.5% |
| 2017 | 20,966 million SLC | +13.8% |
| 2018 | 22,269 million SLC | +6.2% |
| 2019 | 22,583 million SLC | +1.4% |
| 2020 | 19,201 million SLC | -15.0% |
| 2021 | 19,753 million SLC | +2.9% |
| 2022 | 22,835 million SLC | +15.6% |
| 2023 | 25,595 million SLC | +12.1% |
Namibia compared with similar countries
- Namibia's 25,595 million SLC is below the median for lower middle income countries, which is 183,468 million SLC, 14% of the median. (44 countries reporting)
- Namibia's 25,595 million SLC is below the median for Sub-Saharan Africa, which is 756,855 million SLC, 3% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 75 million SLC | 39.6 million SLC | 134.32 million SLC | 10 |
| 1980s | 350.49 million SLC | 160.07 million SLC | 638.87 million SLC | 10 |
| 1990s | 1,361 million SLC | 750.3 million SLC | 2,074 million SLC | 10 |
| 2000s | 5,557 million SLC | 2,651 million SLC | 9,801 million SLC | 10 |
| 2010s | 16,202 million SLC | 10,306 million SLC | 22,583 million SLC | 10 |
| 2020s | 21,846 million SLC | 19,201 million SLC | 25,595 million SLC | 4 |
Countries ranked near Namibia
- 138 China, Hong Kong SAR 28,360 million SLC compare
- 139 Djibouti 26,346 million SLC compare
- 141 Slovakia 25,489 million SLC compare
- 142 Mauritania 25,212 million SLC compare
- 143 Bulgaria 24,866 million SLC 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)
- 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 25,595 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 25,595 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Namibia?
- The lowest recorded value was 39.6 million SLC in 1970.
- How does Namibia rank for value added (total manufacturing) — value standard local currency?
- Namibia ranks 140th out of 231 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 up 111.3%. The long-run trend across the full record is volatile.
- 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. 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).