Corée du Sud - Compte courant

South Korea's current account surplus narrowed to USD 7.83 billion in October 2019 from USD 9.47 billion in the same month the previous year and compared with market expectations of a USD 7.47 billion surplus. The goods surplus fell to USD 8.03 billion from USD 10.52 billion as exports slumped (-14.5 percent) mainly dragged by lower prices and volumes for semiconductors, while the services deficit narrowed to USD 1.72 billion from USD 2.06 billion a year ago. In contrast, the primary income surplus increased to USD 1.83 billion from USD 1.41 billion a year earlier and the secondary income gap declined to USD 0.31 billion from USD 0.41 billion. Considering the first ten months of the year, the country's current account surplus decreased to USD 49.67 billion from USD 67.42 billion in the same period of 2018.

South Korea's current account surplus narrowed to USD 7.48 billion in September 2019 from USD 11.01 billion in the same month the previous year and compared with market expectations of a USD 8.45 billion surplus. The goods surplus fell to USD 8.84 billion from USD 13.01 billion as exports slumped (-10.3 percent) due to lower prices for semiconductors and the services deficit widened to USD 2.51 billion from USD 2.47 billion a year ago. In contrast, the primary income surplus increased to USD 1.40 billion from USD 0.97 billion a year earlier and the secondary income gap declined to USD 0.25 billion from USD 0.49 billion. Considering the first nine months of the year, the country's current account surplus decreased to USD 41.46 billion from USD 57.02 billion in the same period of 2018.

South Korea's current account surplus narrowed to USD 5.27 billion in August 2019 from USD 8.55 billion in the same month the previous year, as the goods surplus fell to USD 4.77 billion from USD 10.92 billion amid a tumble in exports (-15.6 percent), on lower prices for oil products and semiconductors. Meantime, the services deficit fell to USD 1.80 billion from USD 2.04 billion a year ago, whereas the primary income surplus narrowed to USD 2.56 billion from USD 3.20 billion. Additionally, the secondary income gap narrowed to USD 0.26 billion from USD 0.65 billion. Considering the first eight months of the year, the country's current account surplus narrowed to USD 33.99 billion from USD 46.00 billion in the same period of 2018.

South Korea's current account surplus narrowed to USD 6.95 billion in July 2019 from USD 8.55 billion in the same month the previous year, as the goods surplus decreased to USD 6.19 billion from USD 10.79 billion. Meantime, the services deficit fell to USD 1.67 billion from USD 3.09 billion a year ago, while the primary income surplus widened to USD 3.00 billion from USD 1.54 billion. Additionally, the secondary income gap narrowed to USD 0.57 billion from USD 0.68 billion. Considering the first seven months of the year, the country's current account surplus narrowed to USD 28.72 billion from USD 37.45 billion in the same period of 2018.

South Korea's current account surplus narrowed to USD 6.38 billion in June 2019 from USD 7.46 billion in the same month the previous year, as the goods surplus decreased to USD 6.27 billion from USD 9.54 billion. Meantime, the services deficit fell to USD 2.09 billion from USD 2.42 billion a year ago, while the primary income surplus widened to USD 2.27 billion from USD 0.92 billion. Finally, the secondary income gap narrowed modestly to USD 0.57 billion from USD 0.58 billion. Considering the first six months of the year, the country's current account surplus narrowed to USD 21.77 billion from USD 28.90 billion in the first half of 2018.

South Korea's current account surplus narrowed sharply to USD 4.95 billion in May 2019 from USD 8.43 billion in the same month the previous year, as the goods surplus decreased to USD 5.39 billion from USD 10.79 billion. Meantime, the services deficit fell to USD 0.90 billion from USD 2.09 billion a year ago, while the primary income surplus widened to USD 1.16 billion from USD 0.48 billion. Finally, the secondary income gap narrowed modestly to USD 0.69 billion from USD 0.74 billion. Considering the first five months of the year, the country's current account surplus narrowed to USD 15.53 billion from USD 21.44 billion in the same period of 2018.