China is the top country by changes in inventories in the world. As of 2022, changes in inventories in China was 236,491 million US dollars that accounts for 18.65% of the world's changes in inventories. The top 5 countries (others are the United States of America, Germany, Iran, and Turkey) account for 48.63% of it. The world's total changes in inventories was estimated at 1,268,384 million US dollars in 2022.
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.