Korea's current account surplus hit US$ 76.4 bil. in 2018
- 5 years ago
South Korea has posted a current account surplus for the 21st year in a row.
The Bank of Korea says current account recorded a surplus of 76-point-four billion U.S. dollars in 2018, up by a billion dollars from the previous year.
The goods account posted a surplus of 112 billion dollars last year, while the services account deficit was 30 billion dollars.
That deficit has been reduced from 2017's 37 billion dollars thanks to improvements in the travel account.
But in December, the current account surplus was four-point-eight billion dollars for the month, down from five-point-two billion in November due to a drop in semiconductor and petrochemical goods exports... making it the lowest figure in eight months.
The Bank of Korea says current account recorded a surplus of 76-point-four billion U.S. dollars in 2018, up by a billion dollars from the previous year.
The goods account posted a surplus of 112 billion dollars last year, while the services account deficit was 30 billion dollars.
That deficit has been reduced from 2017's 37 billion dollars thanks to improvements in the travel account.
But in December, the current account surplus was four-point-eight billion dollars for the month, down from five-point-two billion in November due to a drop in semiconductor and petrochemical goods exports... making it the lowest figure in eight months.