The stocks of goods held by firms in South Korea increased by 7080.30 KRW Billion in the second quarter of 2019. Changes in Inventories in South Korea averaged 1952.07 KRW Billion from 1960 until 2019, reaching an all time high of 12981.70 KRW Billion in the second quarter of 2011 and a record low of -9865.30 KRW Billion in the first quarter of 1998.
Changes in Inventories in South Korea is expected to be 2300.00 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 1200.00 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.