Menu Content
Go Top

Economy

S. Korea Maintains Current Account Surplus for 79th Straight Month in Sept.

Written: 2018-11-06 08:45:00Updated: 2018-11-06 11:06:16

S. Korea Maintains Current Account Surplus for 79th Straight Month in Sept.

Photo : YONHAP News

South Korea maintained a current account surplus for the 79th consecutive month in September thanks to strong chip exports. 

According to preliminary data from the Bank of Korea on Tuesday, the country's current account surplus came to ten-point-83 billion dollars in September, topping the ten-billion-dollar mark for the first time in a year. 

That's the largest figure since September last year when it posted 12-point-29 billion dollars. 

The surplus was mainly led by the goods account surplus, which rose to 13-point-24 billion dollars. 

The service account remained in the red, posting a deficit of two-point-52 billion dollars, while the travel account deficit marked one-point-13 billion dollars, accounting for about half of the service account deficit.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >