Eurostat-OECD compilation guide on inventories
The Eurostat-OECD compilation guide on inventories represents the first comprehensive
overview of conceptual and practical issues related to the compilation of the balance-sheet
item ‘inventories’ in the national accounts.
The estimation of inventories and changes in inventories in national accounts is often
very difficult. Therefore it is the aim of this compilation guide to provide conceptual
and practical guidance to statisticians on the estimation and valuation of inventories
in mutual coherence with the transaction changes in inventories, and by doing so,
to increase international comparability for these items. The guide clarifies theoretical
concepts and possible data sources. It elaborates several estimation methods for both
the asset inventories and the transaction changes in inventories, including their
breakdowns into products, industries and institutional sectors. The compilation guide
also addresses several special estimation cases and provides the results of a questionnaire
— completed by 34 countries — on country practices regarding the estimation of inventories.
The Eurostat-OECD compilation guide on inventories was prepared by the Task Force
on Land and other non-financial assets under the joint leadership of Eurostat and
the OECD. Representatives from various European Union (EU) and non-EU OECD countries
were represented as well as the European Central Bank.
Published on September 20, 2017