Changes in inventories in Papua New Guinea
Papua New Guinea: Changes in inventories was 236.30 million current LCU in 2004. ◆ Volatile
Changes in inventories in Papua New Guinea, 1960–2004
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Papua New Guinea recorded 236.30 million current LCU for changes in inventories in 2004.
Compared with earlier readings it is up 6.3% on the previous year and up 66.8% over ten years.
Over the whole period, changes in inventories in Papua New Guinea peaked at 409.00 million current LCU in 1997 and was at its lowest, -83.40 million current LCU, in 1989.
That places Papua New Guinea 109th out of 186 countries with data for 2004, putting it 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 Papua New Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 0 current LCU | — |
| 1961 | 1.30 million current LCU | — |
| 1962 | 100,000 current LCU | -92.3% |
| 1963 | 1.80 million current LCU | +1700.0% |
| 1964 | 5.60 million current LCU | +211.1% |
| 1965 | 8.00 million current LCU | +42.9% |
| 1966 | 5.60 million current LCU | -30.0% |
| 1967 | 5.40 million current LCU | -3.6% |
| 1968 | 6.80 million current LCU | +25.9% |
| 1969 | 6.10 million current LCU | -10.3% |
| 1970 | 10.50 million current LCU | +72.1% |
| 1971 | 12.00 million current LCU | +14.3% |
| 1972 | 13.80 million current LCU | +15.0% |
| 1973 | 11.40 million current LCU | -17.4% |
| 1974 | 19.60 million current LCU | +71.9% |
| 1975 | 32.70 million current LCU | +66.8% |
| 1976 | 22.90 million current LCU | -30.0% |
| 1977 | 41.20 million current LCU | +79.9% |
| 1978 | 43.90 million current LCU | +6.6% |
| 1979 | 57.10 million current LCU | +30.1% |
| 1980 | 36.40 million current LCU | -36.3% |
| 1981 | 7.40 million current LCU | -79.7% |
| 1982 | -14.20 million current LCU | -291.9% |
| 1983 | -6.20 million current LCU | -56.3% |
| 1984 | 71.50 million current LCU | -1253.2% |
| 1985 | 33.80 million current LCU | -52.7% |
| 1986 | -31.50 million current LCU | -193.2% |
| 1987 | 34.10 million current LCU | -208.3% |
| 1988 | 125.50 million current LCU | +268.0% |
| 1989 | -83.40 million current LCU | -166.5% |
| 1990 | -21.00 million current LCU | -74.8% |
| 1991 | -22.00 million current LCU | +4.8% |
| 1992 | 70.00 million current LCU | -418.2% |
| 1993 | -42.50 million current LCU | -160.7% |
| 1994 | 141.70 million current LCU | -433.4% |
| 1995 | 148.90 million current LCU | +5.1% |
| 1996 | 374.80 million current LCU | +151.7% |
| 1997 | 409.00 million current LCU | +9.1% |
| 1998 | 306.66 million current LCU | -25.0% |
| 1999 | 376.61 million current LCU | +22.8% |
| 2000 | 143.66 million current LCU | -61.9% |
| 2001 | 186.31 million current LCU | +29.7% |
| 2002 | 206.14 million current LCU | +10.6% |
| 2003 | 222.38 million current LCU | +7.9% |
| 2004 | 236.30 million current LCU | +6.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 236.30 million current LCU is below the median for lower middle income countries, which is 360.00 million current LCU, 66% of the median. (43 countries reporting)
- Papua New Guinea's 236.30 million current LCU is above the median for East Asia & Pacific, which is 43.12 million current LCU, 5.5× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Papua New Guinea 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 |
|---|---|---|---|
| 1963 | +1700.0% | 100,000 current LCU | 1.80 million current LCU |
| 1984 | +1253.2% | -6.20 million current LCU | 71.50 million current LCU |
| 1994 | +433.4% | -42.50 million current LCU | 141.70 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.07 million current LCU | 0 current LCU | 8.00 million current LCU | 10 |
| 1970s | 26.51 million current LCU | 10.50 million current LCU | 57.10 million current LCU | 10 |
| 1980s | 17.34 million current LCU | -83.40 million current LCU | 125.50 million current LCU | 10 |
| 1990s | 174.22 million current LCU | -42.50 million current LCU | 409.00 million current LCU | 10 |
| 2000s | 198.96 million current LCU | 143.66 million current LCU | 236.30 million current LCU | 5 |
Countries ranked near Papua New Guinea
More economy & growth data for Papua New Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 769.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.025 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 72.76 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -198.32 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -557.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0064 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -18.75 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is changes in inventories in Papua New Guinea?
- Changes in inventories in Papua New Guinea was 236.30 million current LCU in 2004, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Papua New Guinea?
- The highest recorded value was 409.00 million current LCU in 1997.
- What is the lowest changes in inventories recorded in Papua New Guinea?
- The lowest recorded value was -83.40 million current LCU in 1989.
- How does Papua New Guinea rank for changes in inventories?
- Papua New Guinea ranks 109th out of 186 countries with data for 2004.
- Is changes in inventories rising or falling in Papua New Guinea?
- Over the last ten years it is up 66.8%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea 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.
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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.