Palau's changes in inventories (current LCU) was -2.8 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 28.22% from -2.18 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -2.8 million | 2024 |
| Five years earlier | -193,600 | 2019 |
| Ten years earlier | -2.18 million | 2014 |
| Highest | 4.58 million | 2022 |
| Lowest | -5.28 million | 2015 |
| Average since 2015 | -368,950 | 2015–2024 |
| First recorded | 757,300 |
What the numbers say
In 2024, Palau's changes in inventories (current LCU) fell 3.7 million on 2023 (from 903,300 to -2.8 million).
Across the 18 yearly changes before that (2006 to 2023), the average change was +8,111 and a typical year strayed about 2.28 million from that (the standard deviation). This year's change was 1.6 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 4.68 million in 2021 and the biggest yearly fall was 3.7 million 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 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, Palau had the 28th 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 Palau in the 2024 ranking
- Kiribati — 25th of 39: 4.56 million
- Tonga — 26th of 39: 3.67 million
- Solomon Islands — 27th of 39: -232,600
- Marshall Islands — 29th of 39: -4.96 million
- Belize — 30th of 39: -86.25 million
- Bahrain — 31st of 39: -91.74 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 20 values
| Year | Changes in inventories (current LCU) |
|---|---|
| 2024 | -2,800,000 |
| 2023 | 903,300 |
| 2022 | 4,583,700 |
| 2021 | 2,404,100 |
| 2020 | -2,275,600 |
| 2019 | -193,600 |
| 2018 | 84,000 |
| 2017 | 946,900 |
| 2016 | -2,065,500 |
| 2015 | -5,276,800 |
| 2014 |
Changes in inventories (current LCU) in nearby economies
- American Samoa — -29 million (2022)
- Australia — 3.68 billion (2025)
- Brunei Darussalam — 41.8 million (2025)
- Cambodia — 1.26 trillion (2025)
- China — 1.12 trillion (2024)
- Fiji — 105.5 million (2024)
- French Polynesia — -1.11 billion (2020)
- Hong Kong SAR, China — 46.96 billion (2025)
- Indonesia — 441.09 trillion (2025)
- Japan — -852.7 billion (2024)
More economic policy & debt data for Palau
- GDP (current US$) — US$345 million (2025)
- GDP (current LCU) — 345 million (2025)
- GDP (constant 2015 US$) — US$275.84 million (2025)
- GDP (constant LCU) — 280 million (2025)
- GDP per capita (current US$) — US$19,532 (2025)
- GDP per capita (current LCU) — 19,532 (2025)
- GDP per capita (constant 2015 US$) — US$15,617 (2025)
- GDP per capita (constant LCU) — 15,852 (2025)
- GNI (current US$) — US$351.4 million (2025)
- GNI (current LCU) — 351.4 million (2025)
- GNI per capita (current LCU) — 19,895 (2025)
- GDP (annual % growth)
Reading data like this
Questions people ask
- What is Palau's changes in inventories (current LCU)?
- -2.8 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 469.73% from 757,300 in 2005. The highest value was 4.58 million in 2022 and the lowest -5.28 million in 2015.
- How does Palau rank?
- 28th highest of 39 economies with data for 2024.
- Is the latest change in changes in inventories (current LCU) unusual for Palau?
- In 2024, Palau's changes in inventories (current LCU) fell 3.7 million on 2023 (from 903,300 to -2.8 million). Across the 18 yearly changes before that (2006 to 2023), the average change was +8,111 and a typical year strayed about 2.28 million from that (the standard deviation). This year's change was 1.6 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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