Maldives's changes in inventories (current LCU) was -4.4 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 784.17% from 642.75 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -4.4 billion | 2024 |
| Five years earlier | -783.94 million | 2019 |
| Ten years earlier | 642.75 million | 2014 |
| Highest | 1.23 billion | 2017 |
| Lowest | -4.4 billion | 2024 |
| Average since 2015 | -1.35 billion | 2015–2024 |
| First recorded | 0 |
What the numbers say
In 2024, Maldives' changes in inventories (current LCU) fell 2.6 billion on 2023 (from -1.8 billion to -4.4 billion).
Across the 18 yearly changes before that (1997 to 2023), the average change was −135.56 million and a typical year strayed about 885.4 million from that (the standard deviation). This year's change was 2.8 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 1.69 billion in 2023 and the biggest yearly fall was 2.6 billion in 2024. 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 downward, about 471.12 million a year. A straight line explains 62% 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, Maldives had the 37th 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 Maldives in the 2024 ranking
- Eswatini — 34th of 39: -977.45 million
- New Zealand — 35th of 39: -1.21 billion
- Bolivia — 36th of 39: -3.38 billion
- Tunisia — 38th of 39: -11.75 billion
- Japan — 39th of 39: -852.7 billion
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 21 values
| Year | Changes in inventories (current LCU) |
|---|---|
| 2024 | -4,397,487,900 |
| 2023 | -1,797,340,900 |
| 2022 | -3,490,511,600 |
| 2021 | -2,300,974,600 |
| 2020 | -1,887,663,600 |
| 2019 | -783,937,300 |
| 2018 | 988,196,800 |
| 2017 | 1,225,145,400 |
| 2016 | -130,138,300 |
| 2015 | -895,811,800 |
Changes in inventories (current LCU) in nearby economies
More economic policy & debt data for Maldives
- Grants, excluding technical cooperation (BoP, current US$) — US$148.38 million (2023)
- Technical cooperation grants (BoP, current US$) — US$5.31 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$18.53 million (2023)
- Net official development assistance and official aid received (current US$) — US$200.51 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$200.51 million (2023)
- Net official development assistance received (current US$) — US$200.51 million (2023)
- Net official development assistance received (constant 2023 US$) — US$200.51 million (2023)
- Net ODA received per capita (current US$)
Reading data like this
Questions people ask
- What is Maldives's changes in inventories (current LCU)?
- -4.4 billion in 2024, according to the World Bank (World Development Indicators).
- How does Maldives rank?
- 37th highest of 39 economies with data for 2024.
- Is the latest change in changes in inventories (current LCU) unusual for Maldives?
- In 2024, Maldives' changes in inventories (current LCU) fell 2.6 billion on 2023 (from -1.8 billion to -4.4 billion). Across the 18 yearly changes before that (1997 to 2023), the average change was −135.56 million and a typical year strayed about 885.4 million from that (the standard deviation). This year's change was 2.8 standard deviations below that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
- The World Bank's World Development Indicators, 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).
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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