The stocks of goods held by firms in South Korea decreased by 1354.20 KRW Billion in the third quarter of 2018. Changes in Inventories in South Korea averaged 1667.31 KRW Billion from 1960 until 2018, reaching an all time high of 13533.70 KRW Billion in the third quarter of 2008 and a record low of -15359.30 KRW Billion in the first quarter of 2009.
Changes in Inventories in South Korea is expected to be 1080.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in South Korea to stand at 2300.00 in 12 months time. In the long-term, the South Korea Changes in Inventories is projected to trend around 3030.00 KRW Billion in 2020, according to our econometric models.