Changes in inventories in Papua New Guinea

Papua New Guinea: Changes in inventories was 73.35 million current US$ in 2004. ◆ Volatile

Latest (2004)
73.35 million current US$
Change on year
up 17.2%
World rank
100th
of 185 countries
All-time high
285.20 million current US$
in 1997
All-time low
-97.11 million current US$
in 1989
Years of data
45
1960–2004

Changes in inventories in Papua New Guinea, 1960–2004

-100.0M0100.0M200.0M300.0M1960198220041960: 0 current US$1961: 1.5M current US$1962: 112.0k current US$1963: 2.0M current US$1964: 6.3M current US$1965: 9.0M current US$1966: 6.3M current US$1967: 6.0M current US$1968: 7.6M current US$1969: 6.8M current US$1970: 11.8M current US$1971: 13.6M current US$1972: 16.5M current US$1973: 16.2M current US$1974: 28.1M current US$1975: 42.8M current US$1976: 28.9M current US$1977: 52.1M current US$1978: 61.9M current US$1979: 80.2M current US$1980: 54.3M current US$1981: 11.0M current US$1982: -19.2M current US$1983: -7.4M current US$1984: 79.6M current US$1985: 33.8M current US$1986: -32.4M current US$1987: 37.6M current US$1988: 144.7M current US$1989: -97.1M current US$1990: -22.0M current US$1991: -23.1M current US$1992: 72.6M current US$1993: -43.4M current US$1994: 141.0M current US$1995: 111.4M current US$1996: 284.4M current US$1997: 285.2M current US$1998: 148.9M current US$1999: 148.3M current US$2000: 52.0M current US$2001: 55.2M current US$2002: 53.0M current US$2003: 62.6M current US$2004: 73.3M current US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

In 2004, changes in inventories in Papua New Guinea stood at 73.35 million current US$.

The figure is up 17.2% on the previous year and down 48.0% over ten years.

Over the whole period, changes in inventories in Papua New Guinea peaked at 285.20 million current US$ in 1997 and was at its lowest, -97.11 million current US$, in 1989.

That places Papua New Guinea 100th out of 185 countries with data for 2004, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.56 million current US$ 0 current US$ 8.96 million current US$ 10
1970s 35.21 million current US$ 11.76 million current US$ 80.22 million current US$ 10
1980s 20.47 million current US$ -97.11 million current US$ 144.74 million current US$ 10
1990s 110.33 million current US$ -43.44 million current US$ 285.20 million current US$ 10
2000s 59.23 million current US$ 51.96 million current US$ 73.35 million current US$ 5

Countries ranked near Papua New Guinea

  1. 97 Benin 97.09 million current US$ compare
  2. 98 Guinea-Bissau 88.95 million current US$ compare
  3. 99 Guatemala 76.19 million current US$ compare
  4. 101 Aruba 65.38 million current US$ compare
  5. 102 Cuba 65.00 million current US$ compare
  6. 103 Sierra Leone 63.08 million current US$ compare

See the full ranking of 185 places →

More economy & growth data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is changes in inventories in Papua New Guinea?
Changes in inventories in Papua New Guinea was 73.35 million current US$ in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest changes in inventories recorded in Papua New Guinea?
The highest recorded value was 285.20 million current US$ in 1997.
What is the lowest changes in inventories recorded in Papua New Guinea?
The lowest recorded value was -97.11 million current US$ in 1989.
How does Papua New Guinea rank for changes in inventories?
Papua New Guinea ranks 100th out of 185 countries with data for 2004.
Is changes in inventories rising or falling in Papua New Guinea?
Over the last ten years it is down 48.0%. The long-run trend across the full record is volatile.
Where does this Papua New Guinea data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Changes in inventories (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 7,882 data points, 1960–2025
Last refreshed

Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.