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GEGsLive » GDP by expenditure: Changes in inventories 2015 $

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Definition
The gross domestic product (GDP) by expenditure based on the changes in inventories. Changes in inventories (including work-in-progress) consist of changes in: (a) stocks of outputs that are still held by the units that produced them prior to their being further processed, sold, delivered to other units or used in other ways; and (b) stocks of products acquired from other units that are intended to be used for intermediate consumption or for resale without further processing; they are measured by the value of the entries into inventories less the value of withdrawals and the value of any recurrent losses of goods held in inventories. Expressed in constant 2015 United States dollars.

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Related Variables

GDP by expenditure: Final consumption expenditure GDP by activity: Agriculture, hunting, forestry, fishing GDP by expenditure: Final consumption expenditure 2015 $ Gross Domestic Product (GDP), 2015 $ per capita

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