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South Korea had a current account surplus of $4.33 billion in December, the Bank of Korea said on Thursday - down from $5.97 billion in November.
The goods account surplus narrowed to $5.03 billion, compared to $6.63 billion in December 2018.
The services account deficit was $2.50 billion, higher than $1.85 billion one year before, owing to a deterioration in the transport account.
For all of 2019, South Korea saw a current account surplus of $59.97 billion.