Norway's changes in inventories (current LCU) was -9.15 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 119.96% from 45.83 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -9.15 billion | 2025 |
| Five years earlier | 22.97 billion | 2020 |
| Ten years earlier | 45.83 billion | 2015 |
| Highest | 94.71 billion | 2022 |
| Lowest | -26.11 billion | 2021 |
| Average since 2016 | 29.28 billion | 2016–2025 |
| First recorded | 4.54 billion |
What the numbers say
In 2025, Norway's changes in inventories (current LCU) fell 47.73 billion on 2024 (from 38.59 billion to -9.15 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +1.01 billion and a typical year strayed about 35.16 billion from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 120.82 billion in 2022 and the biggest yearly fall was 55.38 billion in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains less than 1% 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 2025, Norway had the 93rd highest value of the 109 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 Norway in the 2025 ranking
- France — 90th of 109: -2.41 billion
- Iceland — 91st of 109: -4.34 billion
- Namibia — 92nd of 109: -7.67 billion
- Dominican Republic — 94th of 109: -13.11 billion
- Malaysia — 95th of 109: -17.66 billion
- Central African Republic — 96th of 109: -97.75 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 56 values
| Year | Changes in inventories (current LCU) |
|---|---|
| 2025 | -9,149,000,000 |
| 2024 | 38,585,000,000 |
| 2023 | 54,635,000,000 |
| 2022 | 94,714,000,000 |
| 2021 | -26,110,000,000 |
| 2020 | 22,974,000,000 |
| 2019 | 15,872,000,000 |
| 2018 | 55,877,000,000 |
| 2017 | 33,352,000,000 |
| 2016 | 12,087,000,000 |
Changes in inventories (current LCU) in nearby economies
- Albania — 15.01 billion (2024)
- Armenia — 316.33 billion (2025)
- Austria — 679.52 million (2025)
- Azerbaijan — 3.35 billion (2025)
- Belarus — 5.85 billion (2025)
- Belgium — 11.89 billion (2025)
- Bosnia and Herzegovina — 1.61 billion (2024)
- Bulgaria — 1.84 billion (2025)
- Croatia — -1.07 billion (2025)
- Cyprus — -282.7 million (2025)
- Czechia
More economic policy & debt data for Norway
- Total reserves, including gold (current US$) — US$85.49 billion (2025)
- Total reserves, excluding gold (current US$) — US$85.49 billion (2025)
- GDP (current US$) — US$530.76 billion (2025)
- GDP (current LCU) — 5.52 trillion (2025)
- GDP (constant 2015 US$) — US$470.26 billion (2025)
- GDP (constant LCU) — 4.01 trillion (2025)
- GDP per capita (current US$) — US$94,594 (2025)
- GDP per capita (current LCU) — 983,385 (2025)
- GDP per capita (constant 2015 US$) — US$83,813 (2025)
- GDP per capita (constant LCU) — 715,377 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Norway's changes in inventories (current LCU)?
- -9.15 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 301.74% from 4.54 billion in 1970. The highest value was 94.71 billion in 2022 and the lowest -26.11 billion in 2021.
- How does Norway rank?
- 93rd highest of 109 economies with data for 2025.
- Is the latest change in changes in inventories (current LCU) unusual for Norway?
- In 2025, Norway's changes in inventories (current LCU) fell 47.73 billion on 2024 (from 38.59 billion to -9.15 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +1.01 billion and a typical year strayed about 35.16 billion from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
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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