Changes in inventories (current US$), per square kilometre in Republic of Korea
Republic of Korea: Changes in inventories (current US$), per square kilometre was 83,962 current US$ per square kilometre in 2023. ◆ Volatile
Changes in inventories (current US$), per square kilometre in Republic of Korea, 1961–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, changes in inventories (current us$), per square kilometre in Republic of Korea stood at 83,962 current US$ per square kilometre.
Compared with earlier readings it is down 67.3% on the previous year and down 14.2% over ten years.
Over the whole period, changes in inventories (current us$), per square kilometre in Republic of Korea peaked at 400,589 current US$ per square kilometre in 2007 and was at its lowest, -134,612 current US$ per square kilometre, in 2009.
Republic of Korea ranks 13th of 183 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories (current US$), per square kilometre in Republic of Korea, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1961 | 299.07 current US$ per square kilometre | — |
| 1962 | 151.52 current US$ per square kilometre | -49.3% |
| 1963 | 2,305 current US$ per square kilometre | +1421.1% |
| 1964 | 1,508 current US$ per square kilometre | -34.6% |
| 1965 | -73.94 current US$ per square kilometre | -104.9% |
| 1966 | 649.52 current US$ per square kilometre | -978.5% |
| 1967 | 157.12 current US$ per square kilometre | -75.8% |
| 1968 | 869.4 current US$ per square kilometre | +453.3% |
| 1969 | 2,896 current US$ per square kilometre | +233.1% |
| 1970 | 724.39 current US$ per square kilometre | -75.0% |
| 1971 | 2,132 current US$ per square kilometre | +194.3% |
| 1972 | 699.24 current US$ per square kilometre | -67.2% |
| 1973 | 3,521 current US$ per square kilometre | +403.6% |
| 1974 | 12,569 current US$ per square kilometre | +256.9% |
| 1975 | 4,479 current US$ per square kilometre | -64.4% |
| 1976 | 5,781 current US$ per square kilometre | +29.1% |
| 1977 | 5,179 current US$ per square kilometre | -10.4% |
| 1978 | 8,608 current US$ per square kilometre | +66.2% |
| 1979 | 24,277 current US$ per square kilometre | +182.0% |
| 1980 | 13,218 current US$ per square kilometre | -45.6% |
| 1981 | 32,076 current US$ per square kilometre | +142.7% |
| 1982 | 28,036 current US$ per square kilometre | -12.6% |
| 1983 | 31,124 current US$ per square kilometre | +11.0% |
| 1984 | 39,573 current US$ per square kilometre | +27.1% |
| 1985 | 43,480 current US$ per square kilometre | +9.9% |
| 1986 | 55,636 current US$ per square kilometre | +28.0% |
| 1987 | 58,106 current US$ per square kilometre | +4.4% |
| 1988 | 115,351 current US$ per square kilometre | +98.5% |
| 1989 | 135,544 current US$ per square kilometre | +17.5% |
| 1990 | 101,501 current US$ per square kilometre | -25.1% |
| 1991 | 115,183 current US$ per square kilometre | +13.5% |
| 1992 | 101,669 current US$ per square kilometre | -11.7% |
| 1993 | 95,423 current US$ per square kilometre | -6.1% |
| 1994 | 150,216 current US$ per square kilometre | +57.4% |
| 1995 | 170,921 current US$ per square kilometre | +13.8% |
| 1996 | 182,129 current US$ per square kilometre | +6.6% |
| 1997 | 140,054 current US$ per square kilometre | -23.1% |
| 1998 | -82,430 current US$ per square kilometre | -158.9% |
| 1999 | 90,540 current US$ per square kilometre | -209.8% |
| 2000 | 94,304 current US$ per square kilometre | +4.2% |
| 2001 | 79,834 current US$ per square kilometre | -15.3% |
| 2002 | 75,130 current US$ per square kilometre | -5.9% |
| 2003 | 99,712 current US$ per square kilometre | +32.7% |
| 2004 | 150,483 current US$ per square kilometre | +50.9% |
| 2005 | 226,335 current US$ per square kilometre | +50.4% |
| 2006 | 282,582 current US$ per square kilometre | +24.9% |
| 2007 | 400,589 current US$ per square kilometre | +41.8% |
| 2008 | 316,488 current US$ per square kilometre | -21.0% |
| 2009 | -134,612 current US$ per square kilometre | -142.5% |
| 2010 | 284,273 current US$ per square kilometre | -311.2% |
| 2011 | 360,618 current US$ per square kilometre | +26.9% |
| 2012 | 186,563 current US$ per square kilometre | -48.3% |
| 2013 | 97,802 current US$ per square kilometre | -47.6% |
| 2014 | 95,328 current US$ per square kilometre | -2.5% |
| 2015 | 20,869 current US$ per square kilometre | -78.1% |
| 2016 | 18,819 current US$ per square kilometre | -9.8% |
| 2017 | 46,789 current US$ per square kilometre | +148.6% |
| 2018 | 140,984 current US$ per square kilometre | +201.3% |
| 2019 | 194,312 current US$ per square kilometre | +37.8% |
| 2020 | 86,481 current US$ per square kilometre | -55.5% |
| 2021 | 200,034 current US$ per square kilometre | +131.3% |
| 2022 | 256,555 current US$ per square kilometre | +28.3% |
| 2023 | 83,962 current US$ per square kilometre | -67.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 973.46 current US$ per square kilometre | -73.94 current US$ per square kilometre | 2,896 current US$ per square kilometre | 9 |
| 1970s | 6,797 current US$ per square kilometre | 699.24 current US$ per square kilometre | 24,277 current US$ per square kilometre | 10 |
| 1980s | 55,214 current US$ per square kilometre | 13,218 current US$ per square kilometre | 135,544 current US$ per square kilometre | 10 |
| 1990s | 106,521 current US$ per square kilometre | -82,430 current US$ per square kilometre | 182,129 current US$ per square kilometre | 10 |
| 2000s | 159,085 current US$ per square kilometre | -134,612 current US$ per square kilometre | 400,589 current US$ per square kilometre | 10 |
| 2010s | 144,636 current US$ per square kilometre | 18,819 current US$ per square kilometre | 360,618 current US$ per square kilometre | 10 |
| 2020s | 156,758 current US$ per square kilometre | 83,962 current US$ per square kilometre | 256,555 current US$ per square kilometre | 4 |
Countries ranked near Republic of Korea
- 10 Luxembourg 123,221 current US$ per square kilometre compare
- 11 Germany 104,788 current US$ per square kilometre compare
- 12 United Arab Emirates 97,126 current US$ per square kilometre compare
- 14 Austria 82,433 current US$ per square kilometre compare
- 15 Sri Lanka 76,301 current US$ per square kilometre compare
- 16 Panama 62,978 current US$ per square kilometre 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$), annual growth rate 0.6183 % change on previous year (2025)
Frequently asked questions
- What is changes in inventories (current us$), per square kilometre in Republic of Korea?
- Changes in inventories (current us$), per square kilometre in Republic of Korea was 83,962 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest changes in inventories (current us$), per square kilometre recorded in Republic of Korea?
- The highest recorded value was 400,589 current US$ per square kilometre in 2007.
- What is the lowest changes in inventories (current us$), per square kilometre recorded in Republic of Korea?
- The lowest recorded value was -134,612 current US$ per square kilometre in 2009.
- How does Republic of Korea rank for changes in inventories (current us$), per square kilometre?
- Republic of Korea ranks 13th out of 183 countries with data for 2023.
- Is changes in inventories (current us$), per square kilometre rising or falling in Republic of Korea?
- Over the last ten years it is down 14.2%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Changes in inventories (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Changes in inventories (current US$) ÷ Land area (sq. km)
Computed from
- Changes in inventories Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Changes in inventories (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.