Bhutan's changes in inventories (current LCU) was 960.06 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 55.66% from 2.17 billion in 2014 (7.81% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 960.06 million | 2024 |
| Five years earlier | 460.74 million | 2019 |
| Ten years earlier | 2.17 billion | 2014 |
| Highest | 2.17 billion | 2014 |
| Lowest | -929.02 million | 2016 |
| Average since 2015 | 522.56 million | 2015–2024 |
| First recorded | -13.37 million |
What the numbers say
In 2024, Bhutan's changes in inventories (current LCU) fell 378.46 million on 2023 (from 1.34 billion to 960.06 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +48.85 million and a typical year strayed about 856.65 million from that (the standard deviation). This year's change was 0.5 standard deviations below 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 1.62 billion in 2014 and the biggest yearly fall was 2.01 billion in 2008. 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 the straight-line trend is upward, about 175.71 million a year. A straight line explains 60% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Bhutan had the 19th 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 Bhutan in the 2024 ranking
- Panama — 16th of 39: 1.85 billion
- Bosnia and Herzegovina — 17th of 39: 1.61 billion
- Sierra Leone — 18th of 39: 1.42 billion
- Vanuatu — 20th of 39: 360 million
- Kosovo — 21st of 39: 240.1 million
- Bahamas, The — 22nd of 39: 163.2 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 45 values
| Year | Changes in inventories (current LCU) |
|---|---|
| 2024 | 960,060,000 |
| 2023 | 1,338,520,000 |
| 2022 | 1,277,100,200 |
| 2021 | 561,329,300 |
| 2020 | 777,837,800 |
| 2019 | 460,744,200 |
| 2018 | 683,228,200 |
| 2017 | -249,235,900 |
| 2016 | -929,018,200 |
| 2015 | 344,987,800 |
| 2014 |
Changes in inventories (current LCU) in nearby economies
More economic policy & debt data for Bhutan
- Grants, excluding technical cooperation (BoP, current US$) — US$40.14 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$77.45 million (2023)
- Net official development assistance and official aid received (current US$) — US$156.84 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$156.84 million (2023)
- Net official development assistance received (current US$) — US$156.84 million (2023)
- Net official development assistance received (constant 2023 US$) — US$156.84 million (2023)
- Net ODA received per capita (current US$) — US$199.44 (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$)
Reading data like this
Questions people ask
- What is Bhutan's changes in inventories (current LCU)?
- 960.06 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 7,280% from -13.37 million in 1980. The highest value was 2.17 billion in 2014 and the lowest -929.02 million in 2016.
- How does Bhutan rank?
- 19th highest of 39 economies with data for 2024.
- Is the latest change in changes in inventories (current LCU) unusual for Bhutan?
- In 2024, Bhutan's changes in inventories (current LCU) fell 378.46 million on 2023 (from 1.34 billion to 960.06 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +48.85 million and a typical year strayed about 856.65 million from that (the standard deviation). This year's change was 0.5 standard deviations below 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.
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