Iceland - Changes in inventories

Changes in inventories (current US$)

The latest value for Changes in inventories (current US$) in Iceland was $23,382,280 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $118,238,600 in 2008 and ($124,269,600) in 2005.

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
1970 ($3,457,955)
1971 $16,434,090
1972 ($12,279,630)
1973 ($3,806,724)
1974 $25,841,920
1975 $24,637,610
1976 ($10,330,460)
1977 $33,864,330
1978 ($15,007,930)
1979 $14,525,240
1980 $16,675,000
1981 $35,021,180
1982 $73,918,140
1983 ($43,070,830)
1984 $24,799,880
1985 ($23,561,890)
1986 ($50,943,700)
1987 ($10,755,690)
1988 $43,009,250
1989 ($10,132,920)
1990 ($30,816,320)
1991 $20,903,720
1992 $2,119,109
1993 $34,130,060
1994 $3,718,225
1995 $47,177,600
1996 $380,662
1997 $1,438,559
1998 $12,768,060
1999 $1,658,941
2000 $33,987,930
2001 ($22,258,050)
2002 $208,942
2003 ($16,053,460)
2004 ($5,411,466)
2005 ($124,269,600)
2006 $115,757,000
2007 $32,649,580
2008 $118,238,600
2009 ($1,183,031)
2010 ($23,846,510)
2011 $32,822,760
2012 $4,858,798
2013 ($21,341,420)
2014 $11,684,300
2015 $12,367,830
2016 $30,821,710
2017 ($7,681,124)
2018 $71,461,280
2019 ($43,666,810)
2020 $23,382,280

Changes in inventories (current LCU)

The value for Changes in inventories (current LCU) in Iceland was 3,166,468,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 10,398,840,000 in 2008 and a minimum value of -7,826,708,000 in 2005.

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
1970 -3,043,000
1971 14,462,000
1972 -10,838,000
1973 -3,431,000
1974 25,829,000
1975 37,868,000
1976 -18,819,000
1977 67,346,000
1978 -40,688,000
1979 51,216,000
1980 80,000,000
1981 253,000,000
1982 913,000,000
1983 -1,070,000,000
1984 786,000,000
1985 -978,000,000
1986 -2,094,000,000
1987 -416,000,000
1988 1,850,000,000
1989 -578,000,000
1990 -1,796,092,000
1991 1,233,242,000
1992 121,946,000
1993 2,307,301,000
1994 260,069,000
1995 3,051,999,000
1996 25,314,000
1997 102,000,000
1998 906,000,000
1999 120,000,000
2000 2,671,995,000
2001 -2,168,482,000
2002 19,152,000
2003 -1,231,445,000
2004 -379,840,000
2005 -7,826,708,000
2006 8,123,825,000
2007 2,091,369,000
2008 10,398,840,000
2009 -146,268,000
2010 -2,915,041,000
2011 3,805,932,000
2012 607,752,000
2013 -2,607,476,000
2014 1,364,345,000
2015 1,631,548,000
2016 3,723,619,000
2017 -820,648,000
2018 7,739,269,000
2019 -5,353,847,000
2020 3,166,468,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts