Namibia - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Namibia was 33,263,400,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 40,248,070,000 in 2015 and a minimum value of 14,256,040,000 in 1984.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

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

Year Value
1980 15,988,770,000
1981 15,300,600,000
1982 14,837,710,000
1983 14,425,570,000
1984 14,256,040,000
1985 14,390,010,000
1986 15,160,700,000
1987 15,465,690,000
1988 15,802,850,000
1989 15,857,080,000
1990 16,115,510,000
1991 16,429,270,000
1992 18,874,080,000
1993 16,452,120,000
1994 17,995,510,000
1995 18,403,320,000
1996 17,282,530,000
1997 18,500,070,000
1998 19,355,290,000
1999 19,731,360,000
2000 20,103,210,000
2001 20,207,730,000
2002 22,350,550,000
2003 23,410,170,000
2004 27,401,080,000
2005 27,490,330,000
2006 31,598,740,000
2007 33,246,120,000
2008 34,497,210,000
2009 29,366,180,000
2010 32,864,680,000
2011 33,644,080,000
2012 35,836,850,000
2013 37,716,480,000
2014 39,721,210,000
2015 40,248,070,000
2016 37,767,520,000
2017 37,499,150,000
2018 39,469,110,000
2019 38,546,200,000
2020 33,263,400,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts