Albania's changes in inventories (constant LCU) was 20.11 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 16.56% from 24.1 billion in 2014 (1.79% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 20.11 billion | 2024 |
| Five years earlier | 11.09 billion | 2019 |
| Ten years earlier | 24.1 billion | 2014 |
| Highest | 26.59 billion | 2021 |
| Lowest | -15.87 billion | 2023 |
| Average since 2015 | 15.86 billion | 2015–2024 |
| First recorded | 70,800 |
What the numbers say
In 2024, Albania's changes in inventories (constant LCU) rose 35.98 billion on 2023 (from -15.87 billion to 20.11 billion).
Across the 28 yearly changes before that (1996 to 2023), the average change was −566.88 million and a typical year strayed about 8.41 billion from that (the standard deviation). This year's change was 4.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 35.98 billion in 2024 and the biggest yearly fall was 35.27 billion in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 14% 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 2024, Albania had the 6th highest value of the 32 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 Albania in the 2024 ranking
What this measures
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 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 30 values
| Year | Changes in inventories (constant LCU) |
|---|---|
| 2024 | 20,107,227,500 |
| 2023 | -15,872,556,700 |
| 2022 | 19,401,297,000 |
| 2021 | 26,593,292,900 |
| 2020 | 16,903,821,100 |
| 2019 | 11,092,369,000 |
| 2018 | 18,781,366,000 |
| 2017 | 20,676,703,700 |
| 2016 | 17,126,616,100 |
| 2015 | 23,800,072,000 |
Changes in inventories (constant LCU) in nearby economies
- Armenia — 194.5 billion (2025)
- Belarus — 4.88 billion (2024)
- Bosnia and Herzegovina — 1.2 billion (2024)
- Croatia — 1.32 billion (2025)
- Kosovo — 55.79 million (2024)
- Kyrgyz Republic — 24.81 billion (2025)
- North Macedonia — 12.68 billion (2023)
- Russian Federation — 1.82 trillion (2025)
- Serbia — 167.71 billion (2025)
- Ukraine — 56.73 billion (2025)
More economic policy & debt data for Albania
- Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
- Adjusted savings, net forest depletion (current US$) — US$25.28 million (2021)
- Adjusted savings, mineral depletion (current US$) — US$11.41 million (2021)
- Adjusted savings, energy depletion (current US$) — US$107.57 million (2021)
- Trade in services (% of GDP) — 46.51% (2025)
- Communications, computer, etc. (% of service imports, BoP) — 10.43% (2025)
- Primary income payments (BoP, current US$) — US$1.25 billion (2025)
- Imports of goods and services (current US$, BoP) — US$13.07 billion (2025)
- Insurance and financial services (% of service imports, BoP)
Reading data like this
Questions people ask
- What is Albania's changes in inventories (constant LCU)?
- 20.11 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 28.4 million% from 70,800 in 1995 (54.19% a year on average, compounded). The highest value was 26.59 billion in 2021 and the lowest -15.87 billion in 2023.
- How does Albania rank?
- 6th highest of 32 economies with data for 2024.
- Is the latest change in changes in inventories (constant LCU) unusual for Albania?
- In 2024, Albania's changes in inventories (constant LCU) rose 35.98 billion on 2023 (from -15.87 billion to 20.11 billion). Across the 28 yearly changes before that (1996 to 2023), the average change was −566.88 million and a typical year strayed about 8.41 billion from that (the standard deviation). This year's change was 4.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NE.GDI.STKB.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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.
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