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Korea's Travel Account Posts Surplus for 3rd Month in Row
[26/07/2026 02:56]
SEOUL-SABA
South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

The Korea Tourism Organization stated in a press release that Korea has recorded a surplus for three consecutive months since last March when the account had a surplus of $263.8 million, ending a 72-month deficit streak since March 2020.

Total tourism income made $2.58 billion in May, surpassing tourism spending of $2.36 billion.

The average spending per foreign tourist in South Korea was $1,324, while the average spending per Korean traveler abroad was $1,007.


Korea's Travel Account Posts Surplus for 3rd Month in Row
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