Korea - 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

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts