FX.co ★ S. Korea Posts Current Account Surplus for 11th Month

South Korea's Economic Update: March 2025

In March 2025, South Korea achieved a current account surplus of $9.14 billion, marking its eleventh consecutive month of surplus, primarily fueled by robust export performance. This figure represents an increase from the $7.18 billion surplus seen in February and $6.99 billion in March 2024.

The surplus in the goods sector amounted to $8.49 billion, driven by a 2.2% year-on-year growth in exports, totaling $59.31 billion, while imports also grew by 2.3%, reaching $50.82 billion.

However, there was a deficit of $2.21 billion in the services account, largely attributed to declines in travel and other business services. On a positive note, the primary income account recorded a surplus of $3.23 billion, reflecting a rise in income from equity investments. Conversely, the secondary income account faced a deficit of $0.37 billion.