Definition: Finished goods - inventories

Category: SNA

Finished goods consist of goods produced as outputs that their producer does not intend to process further before supplying them to other institutional units (SNA 2008, § 10.142).

Inventories of finished goods consist of goods that are ready for sale or shipment by the producer but which are still held by the producer (SNA 1993, Annex to chapter XIII [10.111]). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993
Source:
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
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