Most Popular
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Korea’s homegrown nanosatellite successfully launches into space
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Nicaragua shuts down Seoul embassy
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SNU profs to suspend treatment for one day
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Hybe's multilabel system tested amid conflict with Ador
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SK hynix pledges W20tr to ramp up DRAM production at home
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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Ministry denies blame for Jamboree debacle
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Pianist Cho Seong-Jin named Berlin Philharmonic's artist-in-residence
South Korea’s services account deficit widened to $3.77 billion in December last year, from a deficit of $730 million a year earlier due to a rise in overseas trips and foreign business services, preliminary data by the Bank of Korea showed Monday.
Such a sharp rise in deficit in the service account has led to the country‘s current account surplus to narrow in December, marking $4.09 billion, down from a surplus of $6.96 billion a year earlier.
For all of 2017, Korea’s current account surplus fell to $78.46 billion, compared to a surplus of $99.24 billion in 2016. (khnews@heraldcorp.com)
