South Korea Current Account Services
$-7.0B▲ +$3.6B
Mar 2026 · Quarterly
Korea's current account services deficit narrowed to $4.80 billion in the June 2026 quarter, from $6.97 billion in the previous three months. The deficit has now contracted for two consecutive quarters, following a record low of $10.56 billion in the December 2025 quarter. The latest reading is the smallest shortfall since the $4.80 billion recorded in the June 2025 quarter, though it remains well above the all-time low of $10.61 billion set in December 2017. The deficit is also narrower than the $8.07 billion recorded a year earlier. The data, which extends back to March 1976, shows the services balance has been negative throughout the recent period, according to the International Monetary Fund.
source: International Monetary Fund
Current Account Services in South Korea rose to $-7.0B in Mar 2026 from $-10.6B in Dec 2025.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| $-7.0B | $-10.6B | $1.2BMar 1998 | $-10.6BDec 2017 | 1976 – 2026 | Quarterly |
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About this series
Current Account Services in South Korea averaged $-2.6B from 1990 until 2026, reaching an all-time high of $1.2B in Mar 1998 and a record low of $-10.6B in Dec 2017. The series is reported quarterly with history from 1976.
Source & methodology
International Monetary Fund · IMF. Data is also available free of charge from the IMF
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