South Korea Current Account


South Korea’s current account suplus widened to USD 8.40 billion in February of 2017 from USD 7.62 billion in the same month of last year. The goods account surplus widened to USD 10.55 billion, compared to USD 7.93 billion in February of last year. Meanwhile, the services account deficit widened to USD 2.23 billion (from a USD 1.16 gap in February of 2016), explained by larger deficits in the travel and transport accounts. Current Account in South Korea averaged 1369.69 USD Million from 1980 until 2017, reaching an all time high of 12086.30 USD Million in June of 2016 and a record low of -3756.80 USD Million in August of 2008.


South Korea Current Account

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Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for – South Korea Current Account – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Current Account – actual data, historical chart and calendar of releases – was last updated on April of 2017.