South Korea had a current account surplus of $10.36 billion in May, the Bank of Korea said on Friday – up from 3.37 billion in April.
The goods account surplus widened to $10.74 billion, compared to $9.56 billion in April.
The services account deficit narrowed to $1.14 billion, from $1.62 billion a month earlier, thanks to improvements in the construction and other business services accounts.
The primary income account reversed from its $4.07 billion deficit in April to a surplus of $0.91 billion in May, owing to a substantial improvement in the income on equity account.
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