Belize's changes in inventories (current LCU) was -86.25 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 419.45% from 27 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -86.25 million | 2024 |
| Five years earlier | 3.93 million | 2019 |
| Ten years earlier | 27 million | 2014 |
| Highest | 84.52 million | 2021 |
| Lowest | -97.05 million | 2023 |
| Average since 2015 | -6.57 million | 2015–2024 |
| First recorded | 7.01 million |
What the numbers say
In 2024, Belize's changes in inventories (current LCU) rose 10.8 million on 2023 (from -97.05 million to -86.25 million).
Across the 30 yearly changes before that (1987 to 2023), the average change was −2.92 million and a typical year strayed about 44.92 million from that (the standard deviation). This year's change was 0.3 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 68.66 million in 2012 and the biggest yearly fall was 141.97 million in 2011. 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 18% 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, Belize had the 30th highest value of the 39 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 Belize in the 2024 ranking
- Solomon Islands — 27th of 39: -232,600
- Palau — 28th of 39: -2.8 million
- Marshall Islands — 29th of 39: -4.96 million
- Bahrain — 31st of 39: -91.74 million
- Oman — 32nd of 39: -283.1 million
- Kuwait — 33rd of 39: -811.5 million
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 39 values
| Year | Changes in inventories (current LCU) |
|---|---|
| 2024 | -86,252,500 |
| 2023 | -97,052,800 |
| 2022 | -18,636,600 |
| 2021 | 84,515,600 |
| 2020 | 52,677,500 |
| 2019 | 3,932,700 |
| 2018 | -2,306,000 |
| 2017 | -16,310,400 |
| 2016 | -2,376,100 |
| 2015 | 16,064,400 |
| 2014 |
Changes in inventories (current LCU) in nearby economies
- Argentina — 962.51 billion (2025)
- Bahamas, The — 163.2 million (2024)
- Bolivia — -3.38 billion (2024)
- Brazil — 30.19 billion (2025)
- Chile — -101.75 billion (2025)
- Colombia — 13.14 trillion (2025)
- Costa Rica — -243.26 billion (2025)
- Cuba — 124.29 billion (2024)
- Curaçao — 375.5 million (2018)
- Dominican Republic — -13.11 billion (2025)
- Ecuador
More economic policy & debt data for Belize
- GDP (current US$) — US$3.33 billion (2025)
- GDP (current LCU) — 6.65 billion (2025)
- GDP (constant 2015 US$) — US$2.7 billion (2025)
- GDP (constant LCU) — 5.4 billion (2025)
- GDP per capita (current US$) — US$7,865 (2025)
- GDP per capita (current LCU) — 15,731 (2025)
- GDP per capita (constant 2015 US$) — US$6,374 (2025)
- GDP per capita (constant LCU) — 12,772 (2025)
- GNI (current US$) — US$3.16 billion (2025)
- GNI (current LCU) — 6.32 billion (2025)
- GNI per capita (current LCU) — 14,953 (2025)
Reading data like this
Questions people ask
- What is Belize's changes in inventories (current LCU)?
- -86.25 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is down 1,330% from 7.01 million in 1980. The highest value was 84.52 million in 2021 and the lowest -97.05 million in 2023.
- How does Belize rank?
- 30th highest of 39 economies with data for 2024.
- Is the latest change in changes in inventories (current LCU) unusual for Belize?
- In 2024, Belize's changes in inventories (current LCU) rose 10.8 million on 2023 (from -97.05 million to -86.25 million). Across the 30 yearly changes before that (1987 to 2023), the average change was −2.92 million and a typical year strayed about 44.92 million from that (the standard deviation). This year's change was 0.3 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 NE.GDI.STKB.CN, 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.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in