South Korea had a current account surplus of $3.86 billion in May, the Bank of Korea said on Thursday - following the $0.08 billion shortfall in April.
The goods account surplus decreased to $2.74 billion, compared to $6.65 billion in May 2021.
The services account recorded a $0.02 billion deficit, up from the $0.73 billion deficit seen one year earlier, owing to a large surplus in the transport account.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.