Changes in inventories in Panama
Panama: Changes in inventories was 1.85 billion current US$ in 2024. ◆ Volatile
Latest (2024)
1.85 billion current US$
Change on year
down 60.4%
World rank
43rd
of 186 countries
All-time high
4.78 billion current US$
in 2022
All-time low
45.54 million current US$
in 1960
Years of data
65
1960–2024
Changes in inventories in Panama, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Panama recorded 1.85 billion current US$ for changes in inventories in 2024.
The figure is 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 US$ in 2022 and was at its lowest, 45.54 million current US$, in 1960.
That places Panama 43rd out of 186 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 45.54 million current US$ | — |
| 1961 | 58.99 million current US$ | +29.5% |
| 1962 | 71.10 million current US$ | +20.5% |
| 1963 | 76.93 million current US$ | +8.2% |
| 1964 | 73.98 million current US$ | -3.8% |
| 1965 | 83.13 million current US$ | +12.4% |
| 1966 | 105.87 million current US$ | +27.4% |
| 1967 | 112.88 million current US$ | +6.6% |
| 1968 | 129.21 million current US$ | +14.5% |
| 1969 | 150.44 million current US$ | +16.4% |
| 1970 | 178.63 million current US$ | +18.7% |
| 1971 | 237.39 million current US$ | +32.9% |
| 1972 | 251.35 million current US$ | +5.9% |
| 1973 | 318.99 million current US$ | +26.9% |
| 1974 | 401.14 million current US$ | +25.8% |
| 1975 | 342.49 million current US$ | -14.6% |
| 1976 | 346.61 million current US$ | +1.2% |
| 1977 | 315.35 million current US$ | -9.0% |
| 1978 | 402.96 million current US$ | +27.8% |
| 1979 | 562.15 million current US$ | +39.5% |
| 1980 | 683.00 million current US$ | +21.5% |
| 1981 | 667.73 million current US$ | -2.2% |
| 1982 | 637.42 million current US$ | -4.5% |
| 1983 | 309.70 million current US$ | -51.4% |
| 1984 | 317.23 million current US$ | +2.4% |
| 1985 | 349.25 million current US$ | +10.1% |
| 1986 | 438.86 million current US$ | +25.7% |
| 1987 | 401.91 million current US$ | -8.4% |
| 1988 | 94.20 million current US$ | -76.6% |
| 1989 | 113.67 million current US$ | +20.7% |
| 1990 | 869.47 million current US$ | +664.9% |
| 1991 | 761.38 million current US$ | -12.4% |
| 1992 | 1.07 billion current US$ | +40.0% |
| 1993 | 910.71 million current US$ | -14.6% |
| 1994 | 1.18 billion current US$ | +29.3% |
| 1995 | 1.42 billion current US$ | +20.4% |
| 1996 | 605.70 million current US$ | -57.3% |
| 1997 | 676.21 million current US$ | +11.6% |
| 1998 | 764.66 million current US$ | +13.1% |
| 1999 | 688.30 million current US$ | -10.0% |
| 2000 | 718.89 million current US$ | +4.4% |
| 2001 | 731.87 million current US$ | +1.8% |
| 2002 | 815.78 million current US$ | +11.5% |
| 2003 | 908.48 million current US$ | +11.4% |
| 2004 | 1.32 billion current US$ | +44.8% |
| 2005 | 1.28 billion current US$ | -2.7% |
| 2006 | 1.32 billion current US$ | +2.9% |
| 2007 | 1.74 billion current US$ | +32.4% |
| 2008 | 2.69 billion current US$ | +54.2% |
| 2009 | 657.84 million current US$ | -75.5% |
| 2010 | 2.48 billion current US$ | +276.5% |
| 2011 | 2.52 billion current US$ | +1.6% |
| 2012 | 3.18 billion current US$ | +26.5% |
| 2013 | 2.05 billion current US$ | -35.7% |
| 2014 | 1.73 billion current US$ | -15.3% |
| 2015 | 1.69 billion current US$ | -2.5% |
| 2016 | 1.16 billion current US$ | -31.2% |
| 2017 | 1.38 billion current US$ | +18.8% |
| 2018 | 1.70 billion current US$ | +23.0% |
| 2019 | 712.37 million current US$ | -58.1% |
| 2020 | 165.12 million current US$ | -76.8% |
| 2021 | 2.60 billion current US$ | +1477.4% |
| 2022 | 4.78 billion current US$ | +83.5% |
| 2023 | 4.67 billion current US$ | -2.2% |
| 2024 | 1.85 billion current US$ | -60.4% |
Panama compared with similar countries
- Panama's 1.85 billion current US$ is above the median for high income countries, which is 285.44 million current US$, 6.5× the median. (69 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1477.4% | 165.12 million current US$ | 2.60 billion current US$ |
| 1990 | +664.9% | 113.67 million current US$ | 869.47 million current US$ |
| 2010 | +276.5% | 657.84 million current US$ | 2.48 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 90.81 million current US$ | 45.54 million current US$ | 150.44 million current US$ | 10 |
| 1970s | 335.71 million current US$ | 178.63 million current US$ | 562.15 million current US$ | 10 |
| 1980s | 401.30 million current US$ | 94.20 million current US$ | 683.00 million current US$ | 10 |
| 1990s | 893.83 million current US$ | 605.70 million current US$ | 1.42 billion current US$ | 10 |
| 2000s | 1.22 billion current US$ | 657.84 million current US$ | 2.69 billion current US$ | 10 |
| 2010s | 1.86 billion current US$ | 712.37 million current US$ | 3.18 billion current US$ | 10 |
| 2020s | 2.81 billion current US$ | 165.12 million current US$ | 4.78 billion current US$ | 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is changes in inventories in Panama?
- Changes in inventories in Panama was 1.85 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Panama?
- The highest recorded value was 4.78 billion current US$ in 2022.
- What is the lowest changes in inventories recorded in Panama?
- The lowest recorded value was 45.54 million current US$ in 1960.
- How does Panama rank for changes in inventories?
- Panama ranks 43rd 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 Organizations and/or Central Banks, published as part of Changes in inventories (current US$). 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 indicator is expressed in United States dollars.