Zambia's changes in inventories (current LCU) was 14.47 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 185.7% from 5.06 billion in 2014 (11.07% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 14.47 billion | 2024 |
| Five years earlier | 10.53 billion | 2019 |
| Ten years earlier | 5.06 billion | 2014 |
| Highest | 27.91 billion | 2023 |
| Lowest | 3.86 billion | 2016 |
| Average since 2015 | 10.98 billion | 2015–2024 |
| First recorded | 3.87 billion |
What the numbers say
In 2024, Zambia's changes in inventories (current LCU) fell 48.2% on 2023 (from 27.91 billion to 14.47 billion).
Across the 13 yearly changes before that (2011 to 2023), the average change was +32.9% and a typical year strayed about 68.9% from that (the standard deviation). This year's change was 1.2 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 201.2% in 2023 and the biggest yearly fall was 58.2% in 2014. 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 upward, about 1.53 billion a year. A straight line explains 48% 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, Zambia had the 12th 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 Zambia in the 2024 ranking
- United States — 9th of 39: 53.55 billion
- Angola — 10th of 39: 15.59 billion
- Albania — 11th of 39: 15.01 billion
- Zimbabwe — 13th of 39: 7.57 billion
- Tajikistan — 14th of 39: 3.4 billion
- Ghana — 15th of 39: 1.87 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 15 values
| Year | Changes in inventories (current LCU) |
|---|---|
| 2024 | 14,468,539,100 |
| 2023 | 27,913,000,000 |
| 2022 | 9,267,673,800 |
| 2021 | 12,635,000,000 |
| 2020 | 8,058,500,000 |
| 2019 | 10,531,600,000 |
| 2018 | 9,716,300,000 |
| 2017 | 5,404,158,600 |
| 2016 | 3,858,737,400 |
| 2015 | 7,980,700,000 |
Changes in inventories (current LCU) in nearby economies
- Angola — 15.59 billion (2024)
- Benin — 56.5 billion (2025)
- Botswana — 2.51 billion (2025)
- Burkina Faso — 74.62 billion (2025)
- Cameroon — 233.9 billion (2024)
- Central African Republic — -97.75 billion (2025)
- Chad — 495.84 billion (2025)
- Comoros — 7.91 billion (2023)
- Congo, Dem. Rep. — 6.98 trillion (2025)
- Congo, Rep. — 28.87 billion (2025)
- Côte d'Ivoire
More economic policy & debt data for Zambia
- Agriculture, forestry, and fishing, value added (current US$) — US$1.19 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 29.79 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 4.11% (2025)
- Manufacturing, value added (current US$) — US$2.53 billion (2025)
- Manufacturing, value added (current LCU) — 63.49 billion (2025)
- Manufacturing, value added (% of GDP) — 8.75% (2025)
- Industry, including construction, value added (current US$) — US$10.2 billion (2025)
- Industry, including construction, value added (current LCU) — 256.39 billion (2025)
- Industry, including construction, value added (% of GDP)
Reading data like this
Questions people ask
- What is Zambia's changes in inventories (current LCU)?
- 14.47 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 273.68% from 3.87 billion in 2010 (9.87% a year on average, compounded). The highest value was 27.91 billion in 2023 and the lowest 3.86 billion in 2016.
- How does Zambia rank?
- 12th highest of 39 economies with data for 2024.
- Is the latest change in changes in inventories (current LCU) unusual for Zambia?
- In 2024, Zambia's changes in inventories (current LCU) fell 48.2% on 2023 (from 27.91 billion to 14.47 billion). Across the 13 yearly changes before that (2011 to 2023), the average change was +32.9% and a typical year strayed about 68.9% from that (the standard deviation). This year's change was 1.2 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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