Korea Extends Current Account Surplus in August Amid Solid Exports
4 Articles
4 Articles
Korea extends current account surplus in August amid solid exports
SEJONG — Korea posted a current account surplus in August, the central bank said Thursday, the second highest on record, on the back of the robust exports amid the global semiconductor upcycle. The current account surplus totaled $46.1 billion in August, up $4 billion from a month earlier, according to data by the Bank of Korea (BOK). Compared with the same month in 2025, the figure jumped $36.2 billion. It marked the second-largest figure, foll…
Driven by continued strong exports of information technology (IT) items, including semiconductors, South Korea recorded a current account surplus exceeding $40 billion for three consecutive months (June–August). Due to the slump in the domestic stock market in August, the scale of overseas securities investment by domestic residents reached the second-highest level on record. According to the preliminary balance of payments statistics released b…
The Bank of Korea announced that the current account recorded a surplus of $46.11 billion in August, extending its streak of surpluses to 40 consecutive months. While a surge in exports of IT items, including semiconductors, drove the surplus, the services balance showed a deficit due to increased demand for overseas travel. Additionally, net assets in the financial account increased significantly as South Koreans' overseas bond investments reco…
As the growth of semiconductor exports intensified, the current account surplus exceeded $46 billion last August. Expanding by over $4 billion from the previous month, the surplus marked the second-largest figure on record. The accumulated current account surplus through January to August of this year also neared $280 billion. Strong export growth in information technology (IT) items, including semiconductors, underpinned this massive surplus. P…
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