Namibia - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Namibia was 165,252,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 168,044,000,000 in 2019 and a minimum value of 1,791,169,000 in 1980.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

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

Year Value
1980 1,791,169,000
1981 1,893,416,000
1982 2,201,910,000
1983 2,448,333,000
1984 2,739,859,000
1985 3,379,335,000
1986 3,873,024,000
1987 4,396,813,000
1988 5,274,206,000
1989 6,135,305,000
1990 6,640,420,000
1991 7,638,392,000
1992 8,941,229,000
1993 9,643,852,000
1994 11,807,050,000
1995 12,975,180,000
1996 15,545,250,000
1997 17,345,450,000
1998 19,374,360,000
1999 21,181,840,000
2000 24,798,560,000
2001 28,272,620,000
2002 32,264,190,000
2003 34,761,380,000
2004 39,191,130,000
2005 42,360,010,000
2006 50,015,360,000
2007 57,835,660,000
2008 65,888,910,000
2009 70,264,120,000
2010 77,593,560,000
2011 84,615,820,000
2012 99,118,690,000
2013 108,157,000,000
2014 124,685,000,000
2015 134,566,000,000
2016 145,060,000,000
2017 158,482,000,000
2018 167,457,000,000
2019 168,044,000,000
2020 165,252,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts