The stocks of goods held by firms in South Korea increased by 1080.90 KRW Billion in the third quarter of 2020. source: The Bank of Korea

Changes in Inventories in South Korea averaged 1990.74 KRW Billion from 1960 until 2020, reaching an all time high of 13025.10 KRW Billion in the second quarter of 2011 and a record low of -10570.70 KRW Billion in the first quarter of 2009. This page provides - South Korea Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Changes in Inventories - values, historical data and charts - was last updated on January of 2021.

Changes in Inventories in South Korea is expected to be 3030.00 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 3030.00 in 12 months time. In the long-term, the South Korea Changes in Inventories is projected to trend around 3030.00 KRW Billion in 2021, according to our econometric models.

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South Korea Changes in Inventories

Actual Previous Highest Lowest Dates Unit Frequency
1080.90 5775.40 13025.10 -10570.70 1960 - 2020 KRW Billion Quarterly
Constant Prices 2015, SA

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 82.00 85.00 119.00 35.00 points [+]
Manufacturing PMI 52.90 52.90 52.90 41.30 points [+]
Industrial Production 0.50 -2.00 39.40 -25.40 percent [+]
Industrial Production Mom 0.30 -1.10 10.50 -10.60 percent [+]
Manufacturing Production 0.70 -2.00 40.80 -26.60 percent [+]
Capacity Utilization 104.50 104.70 104.70 3.80 points [+]
New Orders 6662514.00 5606865.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 1080.90 5775.40 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 27.00 21.00 3377.00 15.00 Companies [+]
Car Registrations 138356.00 144779.00 205595.00 49944.00 [+]
Leading Economic Index 124.00 122.80 124.00 4.40 points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Mining Production -3.00 -2.40 26.40 -30.60 percent [+]
Steel Production 5759.90 5858.75 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 22420.50 21520.58 25106.16 13859.99 Gigawatt-hour [+]
Car Production 3950617.00 4028834.00 4657094.00 1954494.00 [+]
Coincident Index 113.70 112.80 113.80 4.30 points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 26.00 11.00 [+]
Corruption Index 59.00 57.00 59.00 38.00 Points [+]
Corruption Rank 39.00 45.00 52.00 27.00 [+]


South Korea Changes in Inventories
In South Korea, changes in inventories are often a leading indicator for the overall performance of the economy.