Iran, Islamic Rep.'s changes in inventories (current LCU) was 34,944.32 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is up 3,312% from 1,024.05 trillion in 2014 (42.33% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 34,944.32 trillion | 2024 |
| Five years earlier | 4,269.24 trillion | 2019 |
| Ten years earlier | 1,024.05 trillion | 2014 |
| Highest | 34,944.32 trillion | 2024 |
| Lowest | -4.04 trillion | 2001 |
| Average since 2015 | 10,514.16 trillion | 2015–2024 |
| First recorded | -15.8 billion |
What the numbers say
In 2024, Iran, Islamic Rep.'s changes in inventories (current LCU) rose 8,496.55 trillion on 2023 (from 26,447.77 trillion to 34,944.32 trillion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +881.5 trillion and a typical year strayed about 2,297.99 trillion from that (the standard deviation). This year's change was 3.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 10,701.49 trillion in 2023 and the biggest yearly fall was 228.02 trillion in 2015. 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 3,477.12 trillion a year. A straight line explains 81% 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, Iran, Islamic Rep. had the 1st 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 Iran, Islamic Rep. in the 2024 ranking
- Iraq — 2nd of 39: 17.38 trillion
- Kazakhstan — 3rd of 39: 3.96 trillion
- Algeria — 4th of 39: 2.13 trillion
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 65 values
| Year | Changes in inventories (current LCU) |
|---|---|
| 2024 | 34,944,319,311,450,300 |
| 2023 | 26,447,773,071,844,100 |
| 2022 | 15,746,283,477,385,000 |
| 2021 | 9,124,649,769,020,100 |
| 2020 | 7,717,103,144,550,500 |
| 2019 | 4,269,237,783,586,500 |
| 2018 | 2,602,999,856,127,900 |
| 2017 | 1,982,094,811,147,300 |
| 2016 | 1,511,142,551,589,400 |
| 2015 | 796,029,747,341,400 |
Changes in inventories (current LCU) in nearby economies
More economic policy & debt data for Iran, Islamic Rep.
- General government final consumption expenditure (current US$) — US$48.21 billion (2025)
- General government final consumption expenditure (current LCU) — 35,797.6 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$68.4 billion (2025)
- General government final consumption expenditure (constant LCU) — 10,151.5 trillion (2025)
- General government final consumption expenditure (% of GDP) — 13.29% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$194.65 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 144,548 trillion (2025)
Reading data like this
Questions people ask
- What is Iran, Islamic Rep.'s changes in inventories (current LCU)?
- 34,944.32 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 221.17 million% from -15.8 billion in 1960. The highest value was 34,944.32 trillion in 2024 and the lowest -4.04 trillion in 2001.
- How does Iran, Islamic Rep. rank?
- 1st highest of 39 economies with data for 2024.
- Is the latest change in changes in inventories (current LCU) unusual for Iran, Islamic Rep.?
- In 2024, Iran, Islamic Rep.'s changes in inventories (current LCU) rose 8,496.55 trillion on 2023 (from 26,447.77 trillion to 34,944.32 trillion). Across the 30 yearly changes before that (1994 to 2023), the average change was +881.5 trillion and a typical year strayed about 2,297.99 trillion from that (the standard deviation). This year's change was 3.3 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.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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