The stocks of goods held by firms in Venezuela increased by 557 VEF Million in the third quarter of 2018. Changes in Inventories in Venezuela averaged 614.18 VEF Million from 1998 until 2018, reaching an all time high of 2399 VEF Million in the third quarter of 2012 and a record low of -1404 VEF Million in the fourth quarter of 2017.
Changes in Inventories in Venezuela is expected to be 821.23 VEF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in Venezuela to stand at 450.00 in 12 months time. In the long-term, the Venezuela Changes in Inventories is projected to trend around 379.97 VEF Million in 2020, according to our econometric models.