Changes in inventories (current US$), annual growth rate in Republic of Korea
Republic of Korea: Changes in inventories (current US$), annual growth rate was -112.71 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-112.71 % change on previous year
Change on year
down 67.5%
World rank
151st
of 172 countries
All-time high
978.46 % change on previous year
in 1966
All-time low
-158.86 % change on previous year
in 1998
Years of data
63
1961–2024
Changes in inventories (current US$), annual growth rate in Republic of Korea, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for changes in inventories (current us$), annual growth rate in Republic of Korea is -112.71 % change on previous year, measured in 2024.
That represents a change of down 67.5% on the previous year and down 4,362.9% over ten years.
Over the whole period, changes in inventories (current us$), annual growth rate in Republic of Korea peaked at 978.46 % change on previous year in 1966 and was at its lowest, -158.86 % change on previous year, in 1998.
That places Republic of Korea 151st out of 172 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories (current US$), annual growth rate in Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 221.4 % change on previous year | — |
| 1962 | -49.34 % change on previous year | -122.3% |
| 1964 | -34.58 % change on previous year | -29.9% |
| 1965 | -104.9 % change on previous year | +203.4% |
| 1966 | 978.46 % change on previous year | -1032.7% |
| 1967 | -75.81 % change on previous year | -107.7% |
| 1968 | 453.32 % change on previous year | -698.0% |
| 1969 | 233.12 % change on previous year | -48.6% |
| 1970 | -74.99 % change on previous year | -132.2% |
| 1971 | 194.35 % change on previous year | -359.2% |
| 1972 | -67.21 % change on previous year | -134.6% |
| 1973 | 403.61 % change on previous year | -700.5% |
| 1974 | 256.94 % change on previous year | -36.3% |
| 1975 | -64.37 % change on previous year | -125.1% |
| 1976 | 29.08 % change on previous year | -145.2% |
| 1977 | -10.41 % change on previous year | -135.8% |
| 1978 | 66.21 % change on previous year | -736.0% |
| 1979 | 182.01 % change on previous year | +174.9% |
| 1980 | -45.55 % change on previous year | -125.0% |
| 1981 | 142.66 % change on previous year | -413.2% |
| 1982 | -12.59 % change on previous year | -108.8% |
| 1983 | 11.02 % change on previous year | -187.5% |
| 1984 | 27.15 % change on previous year | +146.4% |
| 1985 | 9.87 % change on previous year | -63.6% |
| 1986 | 27.96 % change on previous year | +183.3% |
| 1987 | 4.44 % change on previous year | -84.1% |
| 1988 | 98.52 % change on previous year | +2119.8% |
| 1989 | 17.51 % change on previous year | -82.2% |
| 1990 | -25.12 % change on previous year | -243.5% |
| 1991 | 13.48 % change on previous year | -153.7% |
| 1992 | -11.73 % change on previous year | -187.0% |
| 1993 | -6.14 % change on previous year | -47.6% |
| 1994 | 57.42 % change on previous year | -1034.7% |
| 1995 | 13.78 % change on previous year | -76.0% |
| 1996 | 6.56 % change on previous year | -52.4% |
| 1997 | -23.1 % change on previous year | -452.3% |
| 1998 | -158.86 % change on previous year | +587.6% |
| 1999 | 209.84 % change on previous year | -232.1% |
| 2000 | 4.16 % change on previous year | -98.0% |
| 2001 | -15.1 % change on previous year | -463.2% |
| 2002 | -5.84 % change on previous year | -61.3% |
| 2003 | 32.73 % change on previous year | -660.1% |
| 2004 | 50.95 % change on previous year | +55.7% |
| 2005 | 50.45 % change on previous year | -1.0% |
| 2006 | 24.89 % change on previous year | -50.7% |
| 2007 | 41.82 % change on previous year | +68.0% |
| 2008 | -20.94 % change on previous year | -150.1% |
| 2009 | -142.56 % change on previous year | +580.9% |
| 2010 | 311.49 % change on previous year | -318.5% |
| 2011 | 26.84 % change on previous year | -91.4% |
| 2012 | -48.2 % change on previous year | -279.6% |
| 2013 | -47.51 % change on previous year | -1.4% |
| 2014 | -2.53 % change on previous year | -94.7% |
| 2015 | -78.1 % change on previous year | +2992.8% |
| 2016 | -9.78 % change on previous year | -87.5% |
| 2017 | 148.68 % change on previous year | -1619.8% |
| 2018 | 201.35 % change on previous year | +35.4% |
| 2019 | 37.94 % change on previous year | -81.2% |
| 2020 | -55.49 % change on previous year | -246.3% |
| 2021 | 131.3 % change on previous year | -336.6% |
| 2022 | 28.26 % change on previous year | -78.5% |
| 2023 | -67.27 % change on previous year | -338.1% |
| 2024 | -112.71 % change on previous year | +67.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 202.71 % change on previous year | -104.9 % change on previous year | 978.46 % change on previous year | 8 |
| 1970s | 91.52 % change on previous year | -74.99 % change on previous year | 403.61 % change on previous year | 10 |
| 1980s | 28.1 % change on previous year | -45.55 % change on previous year | 142.66 % change on previous year | 10 |
| 1990s | 7.61 % change on previous year | -158.86 % change on previous year | 209.84 % change on previous year | 10 |
| 2000s | 2.06 % change on previous year | -142.56 % change on previous year | 50.95 % change on previous year | 10 |
| 2010s | 54.02 % change on previous year | -78.1 % change on previous year | 311.49 % change on previous year | 10 |
| 2020s | -15.18 % change on previous year | -112.71 % change on previous year | 131.3 % change on previous year | 5 |
Countries ranked near Republic of Korea
- 149 Japan -102 % change on previous year compare
- 150 San Marino -106.35 % change on previous year compare
- 152 Dominican Republic -119.4 % change on previous year compare
- 153 Uzbekistan -123.77 % change on previous year compare
- 154 Eswatini -124.36 % change on previous year compare
More economy & growth data for Republic of Korea
- Gross capital formation (current US$), annual growth rate -2.97 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2913 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 10,553 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 1.24 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 414.37 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 15.01 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -1.74 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2815 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 10,198 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 0.6183 % change on previous year (2025)
Frequently asked questions
- What is changes in inventories (current us$), annual growth rate in Republic of Korea?
- Changes in inventories (current us$), annual growth rate in Republic of Korea was -112.71 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest changes in inventories (current us$), annual growth rate recorded in Republic of Korea?
- The highest recorded value was 978.46 % change on previous year in 1966.
- What is the lowest changes in inventories (current us$), annual growth rate recorded in Republic of Korea?
- The lowest recorded value was -158.86 % change on previous year in 1998.
- How does Republic of Korea rank for changes in inventories (current us$), annual growth rate?
- Republic of Korea ranks 151st out of 172 countries with data for 2024.
- Is changes in inventories (current us$), annual growth rate rising or falling in Republic of Korea?
- Over the last ten years it is down 4,362.9%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Changes in inventories (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Changes in inventories (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Changes in inventories Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Changes in inventories (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.