Nigeria - Changes in inventories

Changes in inventories (current US$)

The latest value for Changes in inventories (current US$) in Nigeria was $3,254,813,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $4,011,609,000 in 2006 and ($54,888,370) in 1988.

Definition: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 ($8,343,939)
1982 ($10,711,330)
1983 ($3,278,962)
1984 ($6,546,918)
1985 ($3,371,330)
1986 $1,269,400
1987 ($32,753,460)
1988 ($54,888,370)
1989 $548,140
1990 $34,848,590
1991 $2,718,613
1992 $2,387,153
1993 $3,467,824
1994 $5,340,429
1995 $14,864,170
1996 $22,415,970
1997 $30,059,240
1998 $33,608,420
1999 $37,885,880
2000 $41,847,350
2001 $657,350,000
2002 $776,300,700
2003 $1,065,803,000
2004 $1,438,478,000
2005 $2,154,939,000
2006 $4,011,609,000
2007 $2,934,234,000
2008 $3,521,145,000
2009 $2,755,621,000
2010 $2,700,406,000
2011 $2,771,174,000
2012 $3,405,811,000
2013 $3,739,807,000
2014 $3,931,529,000
2015 $3,227,159,000
2016 $2,596,967,000
2017 $2,850,830,000
2018 $3,159,218,000
2019 $3,543,094,000
2020 $3,254,813,000

Changes in inventories (current LCU)

The value for Changes in inventories (current LCU) in Nigeria was 1,161,390,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 1,161,390,000,000 in 2020 and a minimum value of -348,925,300 in 1988.

Definition: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 -7,067,316
1982 -11,182,620
1983 -5,361,103
1984 -14,776,390
1985 -8,586,778
1986 4,588,882
1987 -152,139,800
1988 -348,925,300
1989 5,167,865
1990 319,004,000
1991 32,658,700
1992 45,252,300
1993 157,092,400
1994 279,197,600
1995 1,045,843,000
1996 1,793,278,000
1997 2,439,006,000
1998 2,957,541,000
1999 3,498,310,000
2000 4,255,763,000
2001 73,117,890,000
2002 93,604,940,000
2003 137,726,000,000
2004 191,156,000,000
2005 282,888,000,000
2006 516,100,000,000
2007 369,150,000,000
2008 414,417,000,000
2009 405,965,000,000
2010 408,003,000,000
2011 432,000,000,000
2012 540,976,000,000
2013 595,569,000,000
2014 648,238,000,000
2015 630,960,000,000
2016 658,309,000,000
2017 871,753,000,000
2018 1,026,750,000,000
2019 1,151,510,000,000
2020 1,161,390,000,000

Changes in inventories (constant LCU)

The value for Changes in inventories (constant LCU) in Nigeria was 499,902,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 639,614,000,000 in 2018 and a minimum value of -15,079,250,000 in 1988.

Definition: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 -977,618,900
1982 -1,700,891,000
1983 -875,135,900
1984 -1,932,012,000
1985 -914,250,900
1986 640,871,400
1987 -5,914,934,000
1988 -15,079,250,000
1989 106,084,500
1990 5,893,585,000
1991 1,192,644,000
1992 1,719,402,000
1993 3,923,561,000
1994 4,217,114,000
1995 8,940,942,000
1996 12,279,200,000
1997 15,408,890,000
1998 18,196,060,000
1999 20,990,230,000
2000 24,003,950,000
2001 104,352,000,000
2002 122,985,000,000
2003 157,525,000,000
2004 196,507,000,000
2005 269,798,000,000
2006 406,437,000,000
2007 355,332,000,000
2008 387,161,000,000
2009 395,302,000,000
2010 408,003,000,000
2011 406,166,000,000
2012 487,905,000,000
2013 521,867,000,000
2014 548,618,000,000
2015 517,502,000,000
2016 511,280,000,000
2017 615,862,000,000
2018 639,614,000,000
2019 471,875,000,000
2020 499,902,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts