Nigeria - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts