Korea - Changes in inventories

Changes in inventories (current US$)

The latest value for Changes in inventories (current US$) in Korea was $12,248,850,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $39,665,630,000 in 2011 and ($13,848,530,000) in 2009.

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
1960 ($28,673,360)
1961 $23,078,550
1962 $6,692,334
1963 $209,308,500
1964 $132,712,400
1965 ($15,052,550)
1966 $51,816,910
1967 $4,805,560
1968 $64,015,900
1969 $255,344,300
1970 $42,825,860
1971 $160,449,400
1972 $2,545,242
1973 $234,233,800
1974 $1,052,736,000
1975 $281,818,200
1976 $373,760,300
1977 $311,570,200
1978 $494,008,300
1979 $2,008,264,000
1980 $756,465,800
1981 $2,270,678,000
1982 $1,774,908,000
1983 $1,931,292,000
1984 $2,525,373,000
1985 $2,804,418,000
1986 $3,750,638,000
1987 $3,491,131,000
1988 $8,345,523,000
1989 $9,974,533,000
1990 $6,290,409,000
1991 $7,507,193,000
1992 $6,153,590,000
1993 $4,853,177,000
1994 $9,773,975,000
1995 $10,377,690,000
1996 $11,750,890,000
1997 $8,778,396,000
1998 ($11,454,720,000)
1999 $5,074,191,000
2000 $6,588,297,000
2001 $4,657,743,000
2002 $4,474,258,000
2003 $7,134,549,000
2004 $12,037,770,000
2005 $18,991,100,000
2006 $26,329,130,000
2007 $34,520,580,000
2008 $27,973,950,000
2009 ($13,848,530,000)
2010 $26,600,590,000
2011 $39,665,630,000
2012 $22,531,250,000
2013 $10,866,120,000
2014 $12,359,340,000
2015 $7,602,655,000
2016 $6,349,179,000
2017 $12,609,860,000
2018 $19,173,290,000
2019 $23,269,510,000
2020 $12,248,850,000

Changes in inventories (current LCU)

The value for Changes in inventories (current LCU) in Korea was 14,456,900,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 43,961,100,000,000 in 2011 and a minimum value of -17,683,600,000,000 in 2009.

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
1960 -1,810,000,000
1961 2,880,000,000
1962 870,000,000
1963 27,210,000,000
1964 28,380,000,000
1965 -4,010,000,000
1966 14,060,000,000
1967 1,300,000,000
1968 17,710,000,000
1969 73,580,000,000
1970 13,300,000,000
1971 55,700,000,000
1972 1,000,000,000
1973 93,300,000,000
1974 425,800,000,000
1975 136,400,000,000
1976 180,900,000,000
1977 150,800,000,000
1978 239,100,000,000
1979 972,000,000,000
1980 459,500,000,000
1981 1,546,400,000,000
1982 1,297,600,000,000
1983 1,498,200,000,000
1984 2,035,400,000,000
1985 2,439,900,000,000
1986 3,306,000,000,000
1987 2,871,700,000,000
1988 6,104,500,000,000
1989 6,697,500,000,000
1990 4,452,100,000,000
1991 5,505,400,000,000
1992 4,803,800,000,000
1993 3,895,500,000,000
1994 7,852,900,000,000
1995 8,004,000,000,000
1996 9,453,000,000,000
1997 8,350,800,000,000
1998 -16,053,100,000,000
1999 6,032,300,000,000
2000 7,451,100,000,000
2001 6,013,100,000,000
2002 5,597,700,000,000
2003 8,501,600,000,000
2004 13,787,100,000,000
2005 19,449,100,000,000
2006 25,138,800,000,000
2007 32,078,500,000,000
2008 30,828,600,000,000
2009 -17,683,600,000,000
2010 30,751,900,000,000
2011 43,961,100,000,000
2012 25,380,800,000,000
2013 11,896,800,000,000
2014 13,013,900,000,000
2015 8,599,800,000,000
2016 7,367,800,000,000
2017 14,254,500,000,000
2018 21,100,200,000,000
2019 27,117,300,000,000
2020 14,456,900,000,000

Changes in inventories (constant LCU)

The value for Changes in inventories (constant LCU) in Korea was 18,509,200,000,000 as of 2018. As the graph below shows, over the past 58 years this indicator reached a maximum value of 32,599,200,000,000 in 2011 and a minimum value of -10,705,900,000,000 in 1998.

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
1960 113,200,000,000
1961 334,800,000,000
1962 -734,800,000,000
1963 1,183,200,000,000
1964 1,299,600,000,000
1965 498,400,000,000
1966 78,700,000,000
1967 62,500,000,000
1968 94,400,000,000
1969 1,053,100,000,000
1970 971,500,000,000
1971 2,270,300,000,000
1972 -1,758,900,000,000
1973 1,009,300,000,000
1974 6,063,500,000,000
1975 2,609,900,000,000
1976 192,700,000,000
1977 1,518,000,000,000
1978 117,500,000,000
1979 4,737,500,000,000
1980 1,347,800,000,000
1981 3,744,600,000,000
1982 4,005,700,000,000
1983 4,084,200,000,000
1984 3,599,500,000,000
1985 6,392,100,000,000
1986 7,384,500,000,000
1987 6,568,300,000,000
1988 13,372,300,000,000
1989 16,960,000,000,000
1990 6,575,200,000,000
1991 17,868,000,000,000
1992 7,436,700,000,000
1993 3,304,100,000,000
1994 9,334,400,000,000
1995 5,370,400,000,000
1996 19,846,400,000,000
1997 12,187,400,000,000
1998 -10,705,900,000,000
1999 9,551,500,000,000
2000 10,058,300,000,000
2001 8,345,900,000,000
2002 9,435,500,000,000
2003 7,448,600,000,000
2004 13,828,400,000,000
2005 17,796,500,000,000
2006 26,173,900,000,000
2007 26,876,900,000,000
2008 30,419,500,000,000
2009 -8,059,100,000,000
2010 17,170,800,000,000
2011 32,599,200,000,000
2012 27,990,000,000,000
2013 5,279,900,000,000
2014 6,203,400,000,000
2015 8,599,800,000,000
2016 7,661,800,000,000
2017 13,945,200,000,000
2018 18,509,200,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts