South Korea posted a current account surplus of $1.77 billion in April, the Bank of Korea said on Tuesday - down from the $5.18 billion surplus in March.
The goods account surplus narrowed to $10.36 billion, compared to $11.54 billion a year earlier.
The services account deficit narrowed to $1.98 billion from $2.42 billion dollars a year earlier, owing to an improvement in the travel account, the bank said.
The primary income account deficit widened from $4.92 billion in 2017 to $5.86 billion in April 2018, in line with an increase in the payments on equity account.
The secondary income account showed a $0.75 billion deficit.
Looking at the financial account, net assets expanded $0.01 billion during April. Direct investment assets grew $2.14 billion and direct investment liabilities added $0.26 billion.
There was a $4.71 billion increase in portfolio investment assets during the month, and a $0.77 billion increase in portfolio investment liabilities.
Financial derivatives posted a net contraction of $0.75 billion.
In terms of other investment, there was a decline of $4.38 billion in assets and an increase of $3.80 billion in liabilities.
Reserve assets expanded $3.12 billion.
Through the first four months of 2018, the current account surplus is $13.59 billion.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.