Namibia: Services, value added (constant LCU)

Key figures

What the numbers say

In 2025, Namibia's services, value added (constant LCU) rose 4.2% on 2024 (from 91.25 billion to 95.12 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +3.9% and a typical year strayed about 3.2% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 10.4% in 2004 and the biggest yearly fall was 5.6% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 30% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Namibia had the 112th highest value of the 161 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Namibia in the 2025 ranking

• Zambia — 109th of 161: 107.33 billion
• Moldova — 110th of 161: 101.16 billion
• Belarus — 111th of 161: 100.12 billion
• Ghana — 113th of 161: 91.37 billion
• Maldives — 114th of 161: 81.7 billion
• Ecuador — 115th of 161: 71.16 billion

What this measures

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

All 46 values

Services, value added (constant LCU) in nearby economies

• Angola — 9.32 trillion (2025)
• Benin — 5.84 trillion (2025)
• Botswana — 125.25 billion (2025)
• Burkina Faso — 5.13 trillion (2025)
• Burundi — 1.48 trillion (2025)
• Cabo Verde — 168.96 billion (2025)
• Cameroon — 13.8 trillion (2025)
• Central African Republic — 313.23 billion (2025)
• Chad — 3.23 trillion (2025)
• Comoros — 272.71 billion (2025)
• Congo, Dem. Rep.

More economic policy & debt data for Namibia

• Adjusted savings, education expenditure (% of GNI) — 8.92% (2021)
• Adjusted savings, net forest depletion (current US$) — US$106.2 million (2021)
• Adjusted savings, mineral depletion (current US$) — US$262.77 million (2021)
• General government final consumption expenditure (current US$) — US$3.36 billion (2025)
• General government final consumption expenditure (current LCU) — 60.11 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$3.51 billion (2025)
• General government final consumption expenditure (constant LCU) — 45.2 billion (2025)
• General government final consumption expenditure (% of GDP) — 22.28% (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Namibia's services, value added (constant LCU)?

95.12 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1980?

It is up 436.37% from 17.73 billion in 1980 (3.8% a year on average, compounded). The highest value was 95.12 billion in 2025 and the lowest 17.73 billion in 1980.

How does Namibia rank?

112th highest of 161 economies with data for 2025.

Is the latest change in services, value added (constant LCU) unusual for Namibia?

In 2025, Namibia's services, value added (constant LCU) rose 4.2% on 2024 (from 91.25 billion to 95.12 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +3.9% and a typical year strayed about 3.2% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NV.SRV.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.