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South Korea Has $7.41 Billion Current Account Surplus
(RTTNews) - South Korea posted a current account surplus of $7.41 billion in December, the Bank of Korea said on Wednesday.
The goods account recorded an $8.04 billion surplus as exports increased annually by 5.8 percent to $59.00 billion while imports fell 9.3 percent on year to $50.97 billion.
The services account posted a $2.54 billion deficit owing to deficits in the travel accounts and in other business services.
For all of 2023, the current account surplus was $35.49 billion and the financial account surplus was $32.39 billion.
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