Koreans' overseas card spending rose more than 10 percent in the third quarter from three months earlier to reach an all-time quarterly high, partly on a rise in the number of outbound travelers during the summer vacation season, data showed Tuesday.
The amount of money spent overseas by Koreans with credit and debit cards came to $5.71 billion in the July-September period, up 10.1 percent from the previous quarter's $5.18 billion, according to the data from the Bank of Korea (BOK).
Compared with a year earlier, overseas card spending surged 19.1 percent in the third quarter.
The quarterly figure marked the highest figure ever, beating the previous record of $5.19 billion set in the fourth quarter of 2023.
The growth came as the number of outbound travelers advanced 8.7 percent on-quarter to 7.17 million during the cited period.
Overseas direct purchases via credit cards, however, fell 4.4 percent from the previous quarter to $1.41 billion in the July-September period, the data showed. (Yonhap)