FX.co ★ South Korea Current Account Surplus Reaches 5-Month High

In May 2025, South Korea achieved a current account surplus of $10.14 billion, the highest since December 2024, marking the thirteenth straight month in surplus. The goods account revealed a surplus of $10.66 billion, with exports decreasing by 2.9% to $56.93 billion and imports decreasing by 7.2% to $46.27 billion. The services account encountered a deficit of $2.28 billion, primarily due to persistent deficits in travel and various business services. Meanwhile, the primary income account reported a surplus of $2.15 billion, largely attributed to increased earnings from equity investments. The secondary income account experienced a deficit of $0.39 billion.