Changes in inventories in Zambia
Zambia: Changes in inventories was 14.47 billion current LCU in 2024. ◆ Volatile
Changes in inventories in Zambia, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, changes in inventories in Zambia stood at 14.47 billion current LCU.
That represents a change of down 48.2% on the previous year and up 185.7% over ten years.
Over the whole period, changes in inventories in Zambia peaked at 27.91 billion current LCU in 2023 and was at its lowest, 3.86 billion current LCU, in 2016.
Zambia ranks 58th 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 Zambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 3.87 billion current LCU | — |
| 2011 | 5.60 billion current LCU | +44.7% |
| 2012 | 10.03 billion current LCU | +79.0% |
| 2013 | 12.11 billion current LCU | +20.8% |
| 2014 | 5.06 billion current LCU | -58.2% |
| 2015 | 7.98 billion current LCU | +57.6% |
| 2016 | 3.86 billion current LCU | -51.6% |
| 2017 | 5.40 billion current LCU | +40.0% |
| 2018 | 9.72 billion current LCU | +79.8% |
| 2019 | 10.53 billion current LCU | +8.4% |
| 2020 | 8.06 billion current LCU | -23.5% |
| 2021 | 12.63 billion current LCU | +56.8% |
| 2022 | 9.27 billion current LCU | -26.7% |
| 2023 | 27.91 billion current LCU | +201.2% |
| 2024 | 14.47 billion current LCU | -48.2% |
Zambia compared with similar countries
- Zambia's 14.47 billion current LCU is above the median for lower middle income countries, which is 360.00 million current LCU, 40.2× the median. (43 countries reporting)
- Zambia's 14.47 billion current LCU is above the median for Sub-Saharan Africa, which is 2.19 billion current LCU, 6.6× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.42 billion current LCU | 3.86 billion current LCU | 12.11 billion current LCU | 10 |
| 2020s | 14.47 billion current LCU | 8.06 billion current LCU | 27.91 billion current LCU | 5 |
Countries ranked near Zambia
More economy & growth data for Zambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.92 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 310.54 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0123 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.57 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.36 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 268.02 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0932 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 110.69 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 28.89 % change on previous year (2024)
Frequently asked questions
- What is changes in inventories in Zambia?
- Changes in inventories in Zambia was 14.47 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Zambia?
- The highest recorded value was 27.91 billion current LCU in 2023.
- What is the lowest changes in inventories recorded in Zambia?
- The lowest recorded value was 3.86 billion current LCU in 2016.
- How does Zambia rank for changes in inventories?
- Zambia ranks 58th out of 186 countries with data for 2024.
- Is changes in inventories rising or falling in Zambia?
- Over the last ten years it is up 185.7%. The long-run trend across the full record is volatile.
- Where does this Zambia 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.