Financial News: South Kore May Current Account Surplus $38.61 Billion

South Kore May Current Account Surplus $38.61 Billion

07/07/2026 - 19:11:00 (RTTNews)

(RTTNews) - South Korea posted a current account surplus of $38.61 billion in May, the Bank of Korea said on Wednesday - up from $28.29 billion in April.

The goods account saw a $37.86 billion surplus as exports surged an annual 62.9 percent to $94.34 billion and imports jumped 22.2 percent to $56.48 billion.

The services account posted a $1.09 billion deficit owing to deficits in the other business services and the manufacturing services accounts.

The primary income account recorded a $2.17 billion surplus due to an increase in the income on equity, while the secondary income account saw a $0.33 billion deficit.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Trade Surplus Declines (10 min(s), 47 sec(s) ago)
(RTTNews) - Australia's trade surplus declined in July due to the fall in exports, data from t ...Full Story»

China Service Sector Growth Improves (23 min(s), 47 sec(s) ago)
(RTTNews) - China's services activity grew at a faster pace in August driven by the increase i ...Full Story»

Japan Services PMI Improves To 52.5 - S&P Global (13 sec(s) ago)
(RTTNews) - The services sector in Japan continued to expand in August, and at a faster pace, the ...Full Story»

Hong Kong Private Sector Slips Into Contraction - S&P Global (56 min(s), 13 sec(s) ago)
(RTTNews) - The private sector in Hong Kong fell into contraction in August, the latest survey fro ...Full Story»

Singapore Private Sector Accelerates In August - S&P Global (53 min(s), 13 sec(s) ago)
(RTTNews) - The private sector in Singapore continued to expand in August, and at a slightly faste ...Full Story»

Australia Services PMI Ebbs In August - S&P Global (07 min(s), 13 sec(s) ago)
(RTTNews) - The services sector in Australia continued to expand in August, albeit at a slower pac ...Full Story»

New Zealand Q2 Terms Of Trade Tumbles 9.0% (47 min(s), 13 sec(s) ago)
(RTTNews) - New Zealand's terms of trade dropped a seasonally adjusted 9.0 percent on quarter ...Full Story»

Australia Trade Data Due On Thursday (13 sec(s) ago)
(RTTNews) - Australia will on Thursday release July figures for imports, exports and trade balance ...Full Story»