South Korea Has $2.68 Billion Current Account Surplus

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South Korea Has $2.68 Billion Current Account Surplus

(RTTNews) - South Korea had a current account surplus of $2.68 billion in December, the Bank of Korea said on Wednesday - following the $0.22 billion shortfall in November.

The goods account saw a $0.48 billion deficit, down from the $4.43 billion surplus a year earlier.

The services account deficit increased to $1.39 billion, from $0.76 billion in December the year prior, owing to a decrease in the transport account surplus.

For all of 2022, the current account surplus was $29.83 billion, following the $85.23 billion surplus in 2021.

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