Korea posts $5.87 billion current account surplus in June, biggest in a year
![Containers stacked up at a port in Busan on Aug. 1. [NEWS1]](https://koreajoongangdaily.joins.com/data/photo/2023/08/08/f21b1c3b-247d-4059-9516-f64a51a3d19e.jpg)
Containers stacked up at a port in Busan on Aug. 1. [NEWS1]
The June figure was a dramatic jump from $1.93 billion tallied in May and was the largest surplus since the same month last year ($6.06 billion), the Bank of Korea’s preliminary data showed Tuesday.
The surplus in June was helped by the goods account, which recorded a $3.98 billion surplus, and primary income logged a $4.85 billion surplus. But the services account posted a $2.61 billion deficit largely due to the travel account.
BY JIN MIN-JI [jin.minji@joongang.co.kr]
with the Korea JoongAng Daily
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