The largest deficit ever since the tally was recorded.

Breaking news: The largest deficit since the January current account tally of $45.2 billion.

The current account deficit for the month of January is about $4.52 billion, the largest ever since the tally in January, as it is likely to remain in the red for the time being, $500 million more than the $4.023 billion deficit in April 2020.

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Breaking News: January’s largest current account deficit in history’ $45.2 billion

The current account posted a record deficit in January. As exports of semiconductors and other products plunged due to the global economic slowdown, the balance of goods fell sharply, and the deficit in the service account widened, the Bank of Korea announced on the 10th, January 2023 balance of payments.

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Record-high deficit renews