South Korea’s Current Account Surplus Narrows to $28.29B in April 2026

South Korea’s current account surplus decreased in April 2026, slipping to $28.29 billion from $37.33 billion recorded in March 2026. The latest figures, updated on 4 June 2026, indicate a notable month-on-month narrowing in the external balance.

The decline in the surplus from March to April suggests a moderation in South Korea’s external earnings position, which may reflect shifts in trade flows, income balances, or services activity over the period. While the country remains in surplus, the reduced gap underscores a softer momentum compared with the previous month’s strong reading.

Analysts and market participants are likely to watch upcoming data closely to assess whether April’s lower surplus marks the beginning of a broader trend or a temporary adjustment following March’s elevated level of $37.33 billion.