Korea’s current account registers $1.61 billion surplus in September

Published
Containers stacked at a dock in Busan on Nov. 1 [YONHAP]
Containers stacked at a dock in Busan on Nov. 1

Korea’s current account registered a $1.61 billion surplus in September.

The goods surplus shrunk to $490 million in September compared to the $9.55 billion a year earlier, according to the Bank of Korea’s preliminary data Tuesday.

The services account deficit grew to $340 million from $60 million in the same period due to a decline in the transport account surplus.  

The primary income account surplus grew from $1.13 billion to $1.84 billion in the same period as income on equity increased.  

BY JIN MIN-JI [jin.minji@joongang.co.kr]