India vs South Korea: Changes in inventories
Changes in inventories over time
- India
- South Korea
How they compare
South Korea currently reports 7.67 trillion constant LCU against 4.22 trillion constant LCU in India, a difference of 3.45 trillion constant LCU.
That makes South Korea's figure about 1.8 times India's.
The two have swapped places 13 times across 66 shared years of data; in 1960 it was India ahead.
Globally, India ranks 7th and South Korea ranks 5th of 117 countries.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.