Iraq vs South Korea: Changes in inventories

Iraq
13.37 billion current US$
in 2024
South Korea
15.00 billion current US$
in 2025
Iraq rank
16th
South Korea rank
14th

Changes in inventories over time

  • Iraq
  • South Korea
-20.0B020.0B40.0B60.0B196019922025

How they compare

South Korea currently reports 15.00 billion current US$ against 13.37 billion current US$ in Iraq, a difference of 1.63 billion current US$.

That makes South Korea's figure about 1.1 times Iraq's.

The two have swapped places 15 times across 55 shared years of data; in 1970 it was South Korea ahead.

Iraq ranks 16th and South Korea ranks 14th of 186 countries.

Across the 6 decades both report, Iraq averaged higher in 1 and South Korea in 5.

Head to head by decade

Decade Iraq South Korea Difference Ahead
1970s 280.67 million current US$ 655.65 million current US$ 374.98 million current US$ South Korea
1980s -3.52 billion current US$ 5.33 billion current US$ 8.84 billion current US$ South Korea
1990s 9.00 billion current US$ 10.27 billion current US$ 1.27 billion current US$ South Korea
2000s 4.35 billion current US$ 15.41 billion current US$ 11.06 billion current US$ South Korea
2010s 641.77 million current US$ 14.08 billion current US$ 13.44 billion current US$ South Korea
2020s 25.30 billion current US$ 12.03 billion current US$ 13.27 billion current US$ Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher changes in inventories, Iraq or South Korea?
South Korea, at 15.00 billion current US$ against 13.37 billion current US$ in Iraq as of 2025.
What is the difference in changes in inventories between Iraq and South Korea?
1.63 billion current US$, with South Korea ahead.
How many years of comparable data are there for Iraq and South Korea?
55 years are reported by both, from 1970 to 2024.
How do Iraq and South Korea rank globally for changes in inventories?
Iraq ranks 16th and South Korea ranks 14th of 186 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Changes in inventories (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs South Korea: Changes in inventories. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 September 2026, from https://economy.statizoid.com/compare/changes-in-inventories-current-us/iraq/korea-rep/

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About this data

Indicator
Changes in inventories (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 7,899 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.