Changes in inventories in Panama
Panama: Changes in inventories was 1.85 billion current LCU in 2024. ◆ Volatile
Latest (2024)
1.85 billion current LCU
Change on year
down 60.4%
World rank
82nd
of 186 countries
All-time high
4.78 billion current LCU
in 2022
All-time low
45.54 million current LCU
in 1960
Years of data
65
1960–2024
Changes in inventories in Panama, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Panama recorded 1.85 billion current LCU for changes in inventories in 2024.
That represents a change of down 60.4% on the previous year and up 6.7% over ten years.
Over the whole period, changes in inventories in Panama peaked at 4.78 billion current LCU in 2022 and was at its lowest, 45.54 million current LCU, in 1960.
Panama ranks 82nd of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 45.54 million current LCU | — |
| 1961 | 58.99 million current LCU | +29.5% |
| 1962 | 71.10 million current LCU | +20.5% |
| 1963 | 76.93 million current LCU | +8.2% |
| 1964 | 73.98 million current LCU | -3.8% |
| 1965 | 83.13 million current LCU | +12.4% |
| 1966 | 105.87 million current LCU | +27.4% |
| 1967 | 112.88 million current LCU | +6.6% |
| 1968 | 129.21 million current LCU | +14.5% |
| 1969 | 150.44 million current LCU | +16.4% |
| 1970 | 178.63 million current LCU | +18.7% |
| 1971 | 237.39 million current LCU | +32.9% |
| 1972 | 251.35 million current LCU | +5.9% |
| 1973 | 318.99 million current LCU | +26.9% |
| 1974 | 401.14 million current LCU | +25.8% |
| 1975 | 342.49 million current LCU | -14.6% |
| 1976 | 346.61 million current LCU | +1.2% |
| 1977 | 315.35 million current LCU | -9.0% |
| 1978 | 402.96 million current LCU | +27.8% |
| 1979 | 562.15 million current LCU | +39.5% |
| 1980 | 683.00 million current LCU | +21.5% |
| 1981 | 667.73 million current LCU | -2.2% |
| 1982 | 637.42 million current LCU | -4.5% |
| 1983 | 309.70 million current LCU | -51.4% |
| 1984 | 317.23 million current LCU | +2.4% |
| 1985 | 349.25 million current LCU | +10.1% |
| 1986 | 438.86 million current LCU | +25.7% |
| 1987 | 401.91 million current LCU | -8.4% |
| 1988 | 94.20 million current LCU | -76.6% |
| 1989 | 113.67 million current LCU | +20.7% |
| 1990 | 869.47 million current LCU | +664.9% |
| 1991 | 761.38 million current LCU | -12.4% |
| 1992 | 1.07 billion current LCU | +40.0% |
| 1993 | 910.71 million current LCU | -14.6% |
| 1994 | 1.18 billion current LCU | +29.3% |
| 1995 | 1.42 billion current LCU | +20.4% |
| 1996 | 605.70 million current LCU | -57.3% |
| 1997 | 676.21 million current LCU | +11.6% |
| 1998 | 764.66 million current LCU | +13.1% |
| 1999 | 688.30 million current LCU | -10.0% |
| 2000 | 718.89 million current LCU | +4.4% |
| 2001 | 731.87 million current LCU | +1.8% |
| 2002 | 815.78 million current LCU | +11.5% |
| 2003 | 908.48 million current LCU | +11.4% |
| 2004 | 1.32 billion current LCU | +44.8% |
| 2005 | 1.28 billion current LCU | -2.7% |
| 2006 | 1.32 billion current LCU | +2.9% |
| 2007 | 1.74 billion current LCU | +32.4% |
| 2008 | 2.69 billion current LCU | +54.2% |
| 2009 | 657.84 million current LCU | -75.5% |
| 2010 | 2.48 billion current LCU | +276.5% |
| 2011 | 2.52 billion current LCU | +1.6% |
| 2012 | 3.18 billion current LCU | +26.5% |
| 2013 | 2.05 billion current LCU | -35.7% |
| 2014 | 1.73 billion current LCU | -15.3% |
| 2015 | 1.69 billion current LCU | -2.5% |
| 2016 | 1.16 billion current LCU | -31.2% |
| 2017 | 1.38 billion current LCU | +18.8% |
| 2018 | 1.70 billion current LCU | +23.0% |
| 2019 | 712.37 million current LCU | -58.1% |
| 2020 | 165.12 million current LCU | -76.8% |
| 2021 | 2.60 billion current LCU | +1477.4% |
| 2022 | 4.78 billion current LCU | +83.5% |
| 2023 | 4.67 billion current LCU | -2.2% |
| 2024 | 1.85 billion current LCU | -60.4% |
Panama compared with similar countries
- Panama's 1.85 billion current LCU is above the median for high income countries, which is 300.00 million current LCU, 6.2× the median. (69 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1477.4% | 165.12 million current LCU | 2.60 billion current LCU |
| 1990 | +664.9% | 113.67 million current LCU | 869.47 million current LCU |
| 2010 | +276.5% | 657.84 million current LCU | 2.48 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 90.81 million current LCU | 45.54 million current LCU | 150.44 million current LCU | 10 |
| 1970s | 335.71 million current LCU | 178.63 million current LCU | 562.15 million current LCU | 10 |
| 1980s | 401.30 million current LCU | 94.20 million current LCU | 683.00 million current LCU | 10 |
| 1990s | 893.83 million current LCU | 605.70 million current LCU | 1.42 billion current LCU | 10 |
| 2000s | 1.22 billion current LCU | 657.84 million current LCU | 2.69 billion current LCU | 10 |
| 2010s | 1.86 billion current LCU | 712.37 million current LCU | 3.18 billion current LCU | 10 |
| 2020s | 2.81 billion current LCU | 165.12 million current LCU | 4.78 billion current LCU | 5 |
Countries ranked near Panama
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is changes in inventories in Panama?
- Changes in inventories in Panama was 1.85 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Panama?
- The highest recorded value was 4.78 billion current LCU in 2022.
- What is the lowest changes in inventories recorded in Panama?
- The lowest recorded value was 45.54 million current LCU in 1960.
- How does Panama rank for changes in inventories?
- Panama ranks 82nd out of 186 countries with data for 2024.
- Is changes in inventories rising or falling in Panama?
- Over the last ten years it is up 6.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Changes in inventories (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.