Singapore - Changes in inventories in % of GDP

2.6 (%) in 2017

In 2017, changes in inventories for Singapore was 2.6 %. Though Singapore changes in inventories fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 2.6 % in 2017.

The description is composed by our digital data assistant.

Changes in inventories (including work-in-progress) consist of changes in: (a) stocks of outputs that are still held by the units that produced them prior to their being further processed, sold, delivered to other units or used in other ways; and (b) stocks of products acquired from other units that are intended to be used for intermediate consumption or for resale without further processing; they are measured by the value of the entries into inventories less the value of withdrawals and the value of any recurrent losses of goods held in inventories.