Sierra Leone's changes in inventories (current US$) was US$63.08 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 275.66% from US$16.79 million in 2014 (14.15% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$63.08 million | 2024 |
| Five years earlier | −US$89.44 million | 2019 |
| Ten years earlier | US$16.79 million | 2014 |
| Highest | US$63.08 million | 2024 |
| Lowest | −US$270.09 million | 2022 |
| Average since 2015 | −US$41.16 million | 2015–2024 |
| First recorded | US$0 |
What the numbers say
In 2024, Sierra Leone's changes in inventories (current US$) rose US$69.27 million on 2023 (from −US$6.2 million to US$63.08 million).
Across the 23 yearly changes before that (1991 to 2023), the average change was −US$740,968 and a typical year strayed about US$74.02 million from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$263.9 million in 2023 and the biggest yearly fall was US$144.68 million in 2021. 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 8% 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, Sierra Leone had the 19th 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 Sierra Leone in the 2024 ranking
- Bahamas, The — 15th of 38: US$163.2 million
- Albania — 16th of 38: US$161.21 million
- Ghana — 17th of 38: US$131.77 million
- Timor-Leste — 19th of 38: US$57.83 million
- Fiji — 20th of 38: US$46.51 million
- Angola — 21st of 38: US$15.45 million
What this measures
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 28 values
| Year | Changes in inventories (current US$) |
|---|---|
| 2024 | 63,079,090 |
| 2023 | -6,195,122 |
| 2022 | -270,093,717 |
| 2021 | -156,274,996 |
| 2020 | -11,594,898 |
| 2019 | -89,441,669 |
| 2018 | 14,763,027 |
| 2017 | 13,918,376 |
| 2016 | 14,416,703 |
| 2015 | 15,810,658 |
| 2014 |
Changes in inventories (current US$) in nearby economies
- Angola — US$15.45 million (2024)
- Benin — US$97.09 million (2025)
- Botswana — US$185.61 million (2025)
- Burkina Faso — US$128.23 million (2025)
- Cameroon — US$385.75 million (2024)
- Central African Republic — −US$167.97 million (2025)
- Chad — US$852.06 million (2025)
- Comoros — US$17.39 million (2023)
- Congo, Dem. Rep. — US$2.61 billion (2025)
- Congo, Rep. — US$49.61 million (2025)
More economic policy & debt data for Sierra Leone
- GDP (current US$) — US$7.46 billion (2025)
- GDP (current LCU) — 169.12 billion (2025)
- GDP (constant 2015 US$) — US$10.28 billion (2025)
- GDP (constant LCU) — 67.92 billion (2025)
- GDP per capita (current US$) — US$846.3 (2025)
- GDP per capita (current LCU) — 19,175 (2025)
- GDP per capita (constant 2015 US$) — US$1,166 (2025)
- GDP per capita (constant LCU) — 7,701 (2025)
- Total reserves, including gold (current US$) — US$433.27 million (2024)
- Total reserves, excluding gold (current US$) — US$433.27 million (2024)
Reading data like this
Questions people ask
- What is Sierra Leone's changes in inventories (current US$)?
- US$63.08 million in 2024, according to the World Bank (World Development Indicators).
- How does Sierra Leone rank?
- 19th highest of 38 economies with data for 2024.
- Is the latest change in changes in inventories (current US$) unusual for Sierra Leone?
- In 2024, Sierra Leone's changes in inventories (current US$) rose US$69.27 million on 2023 (from −US$6.2 million to US$63.08 million). Across the 23 yearly changes before that (1991 to 2023), the average change was −US$740,968 and a typical year strayed about US$74.02 million from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- 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 Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in