An error occured. Details Hide
You have unsaved pages. Restore Cancel

Changes in inventories in current prices

(US dollars)

China is the top country by changes in inventories in the world. As of 2016, changes in inventories in China was 185,362 million US dollars that accounts for 36.04 % of the world's changes in inventories. The top 5 countries (others are Iran, India, Saudi Arabia, and Russian Federation) account for 71.10 % of it. The world's total changes in inventories was estimated at 514,352 million US dollars in 2016.

The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›

What is changes in inventories?

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.