Changes in inventories in Papua New Guinea
Papua New Guinea: Changes in inventories was 73.35 million current US$ in 2004. ◆ Volatile
Changes in inventories in Papua New Guinea, 1960–2004
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2004, changes in inventories in Papua New Guinea stood at 73.35 million current US$.
The figure is up 17.2% on the previous year and down 48.0% over ten years.
Over the whole period, changes in inventories in Papua New Guinea peaked at 285.20 million current US$ in 1997 and was at its lowest, -97.11 million current US$, in 1989.
That places Papua New Guinea 101st out of 186 countries with data for 2004, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Papua New Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 0 current US$ | — |
| 1961 | 1.46 million current US$ | — |
| 1962 | 112,000 current US$ | -92.3% |
| 1963 | 2.02 million current US$ | +1700.0% |
| 1964 | 6.27 million current US$ | +211.1% |
| 1965 | 8.96 million current US$ | +42.9% |
| 1966 | 6.27 million current US$ | -30.0% |
| 1967 | 6.05 million current US$ | -3.6% |
| 1968 | 7.62 million current US$ | +25.9% |
| 1969 | 6.83 million current US$ | -10.3% |
| 1970 | 11.76 million current US$ | +72.1% |
| 1971 | 13.59 million current US$ | +15.6% |
| 1972 | 16.53 million current US$ | +21.6% |
| 1973 | 16.19 million current US$ | -2.0% |
| 1974 | 28.13 million current US$ | +73.8% |
| 1975 | 42.81 million current US$ | +52.2% |
| 1976 | 28.88 million current US$ | -32.5% |
| 1977 | 52.06 million current US$ | +80.2% |
| 1978 | 61.92 million current US$ | +19.0% |
| 1979 | 80.22 million current US$ | +29.6% |
| 1980 | 54.25 million current US$ | -32.4% |
| 1981 | 11.00 million current US$ | -79.7% |
| 1982 | -19.23 million current US$ | -274.9% |
| 1983 | -7.41 million current US$ | -61.4% |
| 1984 | 79.57 million current US$ | -1173.1% |
| 1985 | 33.79 million current US$ | -57.5% |
| 1986 | -32.43 million current US$ | -196.0% |
| 1987 | 37.56 million current US$ | -215.8% |
| 1988 | 144.74 million current US$ | +285.4% |
| 1989 | -97.11 million current US$ | -167.1% |
| 1990 | -21.98 million current US$ | -77.4% |
| 1991 | -23.11 million current US$ | +5.1% |
| 1992 | 72.57 million current US$ | -414.0% |
| 1993 | -43.44 million current US$ | -159.9% |
| 1994 | 141.00 million current US$ | -424.6% |
| 1995 | 111.44 million current US$ | -21.0% |
| 1996 | 284.37 million current US$ | +155.2% |
| 1997 | 285.20 million current US$ | +0.3% |
| 1998 | 148.92 million current US$ | -47.8% |
| 1999 | 148.33 million current US$ | -0.4% |
| 2000 | 51.96 million current US$ | -65.0% |
| 2001 | 55.21 million current US$ | +6.3% |
| 2002 | 53.05 million current US$ | -3.9% |
| 2003 | 62.58 million current US$ | +18.0% |
| 2004 | 73.35 million current US$ | +17.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 73.35 million current US$ is above the median for lower middle income countries, which is 17.39 million current US$, 4.2× the median. (43 countries reporting)
- Papua New Guinea's 73.35 million current US$ is above the median for East Asia & Pacific, which is 9.49 million current US$, 7.7× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Papua New Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1963 | +1700.0% | 112,000 current US$ | 2.02 million current US$ |
| 1984 | +1173.1% | -7.41 million current US$ | 79.57 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.56 million current US$ | 0 current US$ | 8.96 million current US$ | 10 |
| 1970s | 35.21 million current US$ | 11.76 million current US$ | 80.22 million current US$ | 10 |
| 1980s | 20.47 million current US$ | -97.11 million current US$ | 144.74 million current US$ | 10 |
| 1990s | 110.33 million current US$ | -43.44 million current US$ | 285.20 million current US$ | 10 |
| 2000s | 59.23 million current US$ | 51.96 million current US$ | 73.35 million current US$ | 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$), annual growth rate -4.93 % change on previous year (2024)
Frequently asked questions
- What is changes in inventories in Papua New Guinea?
- Changes in inventories in Papua New Guinea was 73.35 million current US$ in 2004, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Papua New Guinea?
- The highest recorded value was 285.20 million current US$ in 1997.
- What is the lowest changes in inventories recorded in Papua New Guinea?
- The lowest recorded value was -97.11 million current US$ in 1989.
- How does Papua New Guinea rank for changes in inventories?
- Papua New Guinea ranks 101st 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 down 48.0%. 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 Organizations and/or Central Banks, published as part of Changes in inventories (current US$). 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 indicator is expressed in United States dollars.