Palau: Changes in inventories (current US$)

Key figures

What the numbers say

In 2024, Palau's changes in inventories (current US$) fell US$3.7 million on 2023 (from US$903,300 to −US$2.8 million).

Across the 18 yearly changes before that (2006 to 2023), the average change was +US$8,111 and a typical year strayed about US$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 US$4.68 million in 2021 and the biggest yearly fall was US$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 27th highest value of the 38 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 — 24th of 38: US$3.01 million
• Tonga — 25th of 38: US$1.54 million
• Solomon Islands — 26th of 38: −US$27,511
• Marshall Islands — 28th of 38: −US$4.96 million
• Belize — 29th of 38: −US$43.13 million
• Eswatini — 30th of 38: −US$53.36 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 indicator is expressed in United States dollars.

All 20 values

Changes in inventories (current US$) in nearby economies

• American Samoa — −US$29 million (2022)
• Australia — US$2.38 billion (2025)
• Brunei Darussalam — US$31.97 million (2025)
• Cambodia — US$314.5 million (2025)
• China — US$155.38 billion (2024)
• Fiji — US$46.51 million (2024)
• French Polynesia — −US$10.57 million (2020)
• Hong Kong SAR, China — US$6.02 billion (2025)
• Indonesia — US$26.77 billion (2025)
• Japan — −US$5.63 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

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Questions people ask

What is Palau's changes in inventories (current US$)?

−US$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 US$757,300 in 2005. The highest value was US$4.58 million in 2022 and the lowest −US$5.28 million in 2015.

How does Palau rank?

27th highest of 38 economies with data for 2024.

Is the latest change in changes in inventories (current US$) unusual for Palau?

In 2024, Palau's changes in inventories (current US$) fell US$3.7 million on 2023 (from US$903,300 to −US$2.8 million). Across the 18 yearly changes before that (2006 to 2023), the average change was +US$8,111 and a typical year strayed about US$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.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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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